In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Workday Inc (NASDAQ: WDAY) closed the day trading at $251.46 up 0.59% from the previous closing price of $249.99. In other words, the price has increased by $0.59 from its previous closing price. On the day, 2.67 million shares were traded. WDAY stock price reached its highest trading level at $253.29 during the session, while it also had its lowest trading level at $246.27.
Ratios:
For a better understanding of WDAY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.22 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.20. For the most recent quarter (mrq), Quick Ratio is recorded 1.99 and its Current Ratio is at 2.00. In the meantime, Its Debt-to-Equity ratio is 0.39 whereas as Long-Term Debt/Eq ratio is at 0.38.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Piper Sandler on November 27, 2024, Downgraded its rating to Neutral and sets its target price to $270 from $285 previously.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $340.
BMO Capital Markets reiterated its Outperform rating for the stock on May 24, 2024, while the target price for the stock was revised from $338 to $300.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 02 ’24 when THE DAVID A DUFFIELD TRUST U/T bought 70,003 shares for $249.99 per share.
SAYAN CHAKRABORTY bought 5,498 shares of WDAY for $1,393,193 on Nov 29 ’24. On Oct 14 ’24, another insider, DUFFIELD DAVID A, who serves as the 10% Owner of the company, sold 56,000 shares for $242.01 each. As a result, the insider received 13,552,624 and left with 281,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WDAY now has a Market Capitalization of 66636902400 and an Enterprise Value of 67591348224. As of this moment, Workday’s Price-to-Earnings (P/E) ratio for their current fiscal year is 41.72, and their Forward P/E ratio for the next fiscal year is 29.93. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.12 while its Price-to-Book (P/B) ratio in mrq is 8.02. Its current Enterprise Value per Revenue stands at 8.596 whereas that against EBITDA is 106.276.
Stock Price History:
Over the past 52 weeks, WDAY has reached a high of $311.28, while it has fallen to a 52-week low of $199.81. The 50-Day Moving Average of the stock is 1.10%, while the 200-Day Moving Average is calculated to be 1.78%.
Shares Statistics:
Over the past 3-months, WDAY traded about 1.99M shares per day on average, while over the past 10 days, WDAY traded about 3401710 shares per day. A total of 266.00M shares are outstanding, with a floating share count of 209.80M. Insiders hold about 21.13% of the company’s shares, while institutions hold 71.32% stake in the company. Shares short for WDAY as of 1731628800 were 4512362 with a Short Ratio of 2.27, compared to 1728950400 on 4416271. Therefore, it implies a Short% of Shares Outstanding of 4512362 and a Short% of Float of 2.1300000999999997.
