Workday Inc (NASDAQ: WDAY) is -12.82% lower on its value in year-to-date trading and has touched a low of $199.81 and a high of $311.28 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WDAY stock was last observed hovering at around $244.41 in the last trading session, with the day’s loss setting it -3.75%.
Currently trading at $240.66, the stock is -3.84% and 0.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.63 million and changing -1.53% at the moment leaves the stock -5.50% off its SMA200. WDAY registered 12.01% gain for a year compared to 6-month loss of -11.41%. The firm has a 50-day simple moving average (SMA 50) of $238.6736 and a 200-day simple moving average (SMA200) of $254.4727.
The stock witnessed a -8.56% gain in the last 1 month and extending the period to 3 months gives it a 6.13%, and is -2.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.81% over the week and 2.24% over the month.
Workday Inc (WDAY) has around 18800 employees, a market worth around $64.02B and $7.82B in sales. Current P/E ratio is 41.97 and Fwd P/E is 28.79. Profit margin for the company is 19.71%. Distance from 52-week low is 20.44% and -22.69% from its 52-week high. The company has generated returns on investments over the last 12 months (13.27%).
with sales reaching $2.13B over the same period.The EPS is expected to grow by 20.68% this year, but quarterly earnings will post 15.70% year-over-year.
Workday Inc (WDAY) Top Institutional Holders
1466.0 institutions hold shares in Workday Inc (WDAY), with institutional investors hold 91.97% of the company’s shares. The shares outstanding are 210.67M, and float is at 209.71M with Short Float at 2.23%. Institutions hold 90.84% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 15.46 million shares valued at $3.46 billion. The investor’s holdings represent 5.8456% of the WDAY Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 13.89 million shares valued at $3.11 billion to account for 5.2539 of the shares outstanding. The other top investors are BAILLIE GIFFORD & CO which holds 6.56 million shares representing 2.4816% and valued at over $1.47 billion, while NORGES BANK holds 2.0284 of the shares totaling 5.36 million with a market value of $1.2 billion.
Workday Inc (WDAY) Insider Activity
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Still, SEC filings show that on Sep 23 ’24, DUFFIELD DAVID A (10% Owner) disposed off 56,000 shares at an average price of $245.36 for $13.74 million. The insider now directly holds 449,000 shares of Workday Inc (WDAY).
