Workday (WDAY) Earning Somewhat Positive Media Coverage, Accern Reports

Media headlines about Workday (NASDAQ:WDAY) have trended somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Workday earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned news stories about the software maker an impact score of 45.6898483426438 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Accern Sentiment Analysis’s scoring:

A number of research analysts recently commented on the stock. Cleveland Research assumed coverage on shares of Workday in a research report on Wednesday, January 31st. They issued a “buy” rating on the stock. Guggenheim reaffirmed a “hold” rating and issued a $106.00 target price on shares of Workday in a research report on Thursday, January 11th. Citigroup increased their target price on shares of Workday from $85.00 to $94.00 and gave the company a “sell” rating in a research report on Thursday, March 1st. JPMorgan Chase & Co. reaffirmed a “buy” rating and issued a $120.00 target price on shares of Workday in a research report on Tuesday, November 28th. Finally, BidaskClub downgraded shares of Workday from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, December 5th. One investment analyst has rated the stock with a sell rating, nineteen have issued a hold rating, eighteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $119.22.

Workday (NASDAQ WDAY) traded up $1.48 during mid-day trading on Tuesday, hitting $133.08. 1,500,238 shares of the stock traded hands, compared to its average volume of 1,772,792. Workday has a one year low of $80.61 and a one year high of $140.00. The firm has a market cap of $28,419.30, a PE ratio of -86.42 and a beta of 1.86. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.92 and a quick ratio of 1.92.

Workday (NASDAQ:WDAY) last released its earnings results on Tuesday, February 27th. The software maker reported $0.28 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.09. Workday had a negative net margin of 14.99% and a negative return on equity of 16.31%. The company had revenue of $582.48 million during the quarter, compared to analysts’ expectations of $573.41 million. equities research analysts forecast that Workday will post -1.23 earnings per share for the current year.

In related news, insider Gomez Luciano Fernandez sold 8,068 shares of the firm’s stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $136.09, for a total value of $1,097,974.12. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael A. Stankey sold 12,500 shares of the firm’s stock in a transaction dated Thursday, December 28th. The shares were sold at an average price of $102.10, for a total transaction of $1,276,250.00. The disclosure for this sale can be found here. Insiders sold a total of 776,993 shares of company stock valued at $87,996,470 in the last 90 days. Company insiders own 37.71% of the company’s stock.

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About Workday

Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.

Insider Buying and Selling by Quarter for Workday (NASDAQ:WDAY)

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