For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
As of close of business last night, Workiva Inc’s stock clocked out at $94.35, down -2.58% from its previous closing price of $96.85. In other words, the price has decreased by -$2.58 from its previous closing price. On the day, 0.65 million shares were traded. WK stock price reached its highest trading level at $96.75 during the session, while it also had its lowest trading level at $92.96.
Ratios:
To gain a deeper understanding of WK’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.20 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 83.37. For the most recent quarter (mrq), Quick Ratio is recorded 1.75 and its Current Ratio is at 1.75.
On December 18, 2024, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $102 to $130.
BMO Capital Markets reiterated its Outperform rating for the stock on November 07, 2024, while the target price for the stock was revised from $96 to $104.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 16 ’25 when RIZAI MATTHEW M bought 75,980 shares for $113.26 per share.
RIZAI MATTHEW M bought 2,000 shares of WK for $231,168 on Dec 18 ’24. On Nov 11 ’24, another insider, RADIA SUKU V., who serves as the Director of the company, sold 25,678 shares for $95.00 each. As a result, the insider received 2,439,410 and left with 28,154 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, WK now has a Market Capitalization of 5226140672 and an Enterprise Value of 5240315392. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.93. Its current Enterprise Value per Revenue stands at 7.428 whereas that against EBITDA is -146.755.
Stock Price History:
The Beta on a monthly basis for WK is 1.08, which has changed by 0.05386293 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, WK has reached a high of $116.83, while it has fallen to a 52-week low of $65.47. The 50-Day Moving Average of the stock is -10.12%, while the 200-Day Moving Average is calculated to be 10.75%.
Shares Statistics:
It appears that WK traded 536.67K shares on average per day over the past three months and 512370 shares per day over the past ten days. A total of 59.32M shares are outstanding, with a floating share count of 52.50M. Insiders hold about 11.49% of the company’s shares, while institutions hold 79.71% stake in the company. Shares short for WK as of 1738281600 were 2660839 with a Short Ratio of 4.80, compared to 1735603200 on 2691917. Therefore, it implies a Short% of Shares Outstanding of 2660839 and a Short% of Float of 5.25.
