Workday Stock Analysis

WDAY Stock  USD 272.75  0.87  0.32%   
Workday is fairly valued with Real Value of 279.26 and Target Price of 254.16. The main objective of Workday stock analysis is to determine its intrinsic value, which is an estimate of what Workday is worth, separate from its market price. There are two main types of Workday's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Workday's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Workday's stock to identify patterns and trends that may indicate its future price movements.
The Workday stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Workday is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Workday Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Workday's ongoing operational relationships across important fundamental and technical indicators.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.

Workday Stock Analysis Notes

About 92.0% of the company outstanding shares are owned by institutional investors. The company has Price/Earnings To Growth (PEG) ratio of 2.41. Workday recorded earning per share (EPS) of 5.2. The entity had not issued any dividends in recent years. Workday, Inc. provides enterprise cloud applications in the United States and internationally. Workday, Inc. was incorporated in 2005 and is headquartered in Pleasanton, California. Workday operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 16918 people. For more information please call Luciano Gomez at 925 951 9000 or visit https://www.workday.com.

Workday Quarterly Total Revenue

1.92 Billion

Workday Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Workday's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Workday or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Over 92.0% of the company outstanding shares are owned by institutional investors
Latest headline from benzinga.com: Competitor Analysis Evaluating Adobe And Competitors In Software Industry

Workday Upcoming and Recent Events

Earnings reports are used by Workday to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Workday previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of February 2024
Upcoming Quarterly Report
View
23rd of May 2024
Next Financial Report
View
31st of January 2024
Next Fiscal Quarter End
View
26th of February 2024
Next Fiscal Year End
View
31st of October 2023
Last Quarter Report
View
31st of January 2023
Last Financial Announcement
View

Workday Largest EPS Surprises

Earnings surprises can significantly impact Workday's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2016-08-24
2016-07-31-0.02-0.04-0.02100 
2014-05-27
2014-04-30-0.15-0.130.0213 
2016-02-29
2016-01-31-0.04-0.010.0375 
View All Earnings Estimates

Workday Thematic Classifications

In addition to having Workday stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Disruptive Technologies Idea
Disruptive Technologies
Firms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth
SRI Sustainable Growth Idea
SRI Sustainable Growth
Large and mid-sized companies that operate under the guidelines of socially responsible investing - SRI
Artificial Intelligence Idea
Artificial Intelligence
Firms and funds that are developing tools for artificial intelligence

Workday Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Workday is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workday backward and forwards among themselves. Workday's institutional investor refers to the entity that pools money to purchase Workday's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Wellington Management Company Llp2023-12-31
3.4 M
Sustainable Growth Advisers, Lp2023-12-31
3.1 M
Nuveen Asset Management, Llc2023-12-31
3.1 M
Franklin Resources Inc2023-12-31
M
Geode Capital Management, Llc2023-12-31
2.6 M
Winslow Capital Management, Llc2023-12-31
2.3 M
Clearbridge Advisors, Llc2023-12-31
2.3 M
Bank Of America Corp2023-12-31
2.3 M
Loomis, Sayles & Company Lp2023-12-31
2.3 M
Vanguard Group Inc2023-12-31
14.4 M
Blackrock Inc2023-12-31
13.3 M
Note, although Workday's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Workday Market Capitalization

The company currently falls under 'Large-Cap' category with a current market capitalization of 72.06 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Workday's market, we take the total number of its shares issued and multiply it by Workday's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Workday Profitablity

Workday's profitability indicators refer to fundamental financial ratios that showcase Workday's ability to generate income relative to its revenue or operating costs. If, let's say, Workday is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Workday's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Workday's profitability requires more research than a typical breakdown of Workday's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.19 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.04 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.04.
Last ReportedProjected for 2024
Return On Capital Employed 0.02 (1.92)
Return On Assets 0.08 (0.56)
Return On Equity 0.17  0.58 

Management Efficiency

Return On Equity is likely to rise to 0.58 in 2024, whereas Return On Capital Employed is likely to drop (1.92) in 2024. At this time, Workday's Total Assets are fairly stable compared to the past year. Other Assets is likely to rise to about 601.3 M in 2024, whereas Other Current Assets are likely to drop slightly above 162.7 M in 2024. Workday's management efficiency ratios could be used to measure how well Workday manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for 2024
Price Book Value Ratio 9.55 (119.24)
Enterprise Value Multiple 168.82 (229.64)
Price Fair Value 9.55 (119.24)
The analysis of Workday's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Workday's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Workday Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta
1.327

Technical Drivers

As of the 29th of March, Workday maintains the Market Risk Adjusted Performance of 0.0141, downside deviation of 1.74, and Mean Deviation of 1.08. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workday, as well as the relationship between them. Specifically, you can use this information to find out if the company will indeed mirror its model of past data patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for Workday, which can be compared to its rivals. Please check out Workday jensen alpha and semi variance to decide if Workday is priced fairly, providing market reflects its latest price of 272.75 per share. Given that Workday has jensen alpha of (0.07), we strongly advise you to confirm Workday's prevalent market performance to make sure the company can sustain itself at a future point.

Workday Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Workday middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Workday. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Workday Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Workday insiders, such as employees or executives, is commonly permitted as long as it does not rely on Workday's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Workday insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Workday Predictive Daily Indicators

Workday intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Workday stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Workday Corporate Filings

F4
26th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
19th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
14th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
10K
8th of March 2024
Annual report required by the U.S. Securities and Exchange Commission (SEC) of a company financial performance
ViewVerify
F4
7th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
5th of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
1st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
26th of February 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify

Workday Forecast Models

Workday's time-series forecasting models are one of many Workday's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Workday's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Workday Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Workday prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Workday shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Workday. By using and applying Workday Stock analysis, traders can create a robust methodology for identifying Workday entry and exit points for their positions.
Last ReportedProjected for 2024
Pretax Profit Margin 0.05 (0.82)
Operating Profit Margin 0.03 (0.82)
Net Loss 0.19 (0.83)
Gross Profit Margin 0.76  0.41 

Current Workday Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Workday analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Workday analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
254.16Buy39Odds
Workday current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Workday analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Workday stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Workday, talking to its executives and customers, or listening to Workday conference calls.
Workday Analyst Advice Details

Workday Stock Analysis Indicators

Workday stock analysis indicators help investors evaluate how Workday stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Workday shares will generate the highest return on investment. By understating and applying Workday stock analysis, traders can identify Workday position entry and exit signals to maximize returns.
Begin Period Cash Flow1.9 B
Long Term DebtB
Common Stock Shares Outstanding265.3 M
Total Stockholder Equity8.1 B
Tax Provision-1 B
Property Plant And Equipment Net1.5 B
Cash And Short Term Investments7.8 B
CashB
Accounts Payable78 M
Net Debt1.3 B
50 Day M A286.915
Total Current Liabilities5.1 B
Other Operating Expenses7.1 B
Non Current Assets Total6.7 B
Forward Price Earnings41.841
Non Currrent Assets Other1.1 B
Stock Based Compensation1.4 B
When determining whether Workday offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Workday's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Workday Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Workday Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Workday Stock please use our How to Invest in Workday guide.
Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Workday Stock analysis

When running Workday's price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
Fundamental Analysis
View fundamental data based on most recent published financial statements
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Price Transformation
Use Price Transformation models to analyze the depth of different equity instruments across global markets
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Is Workday's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workday. If investors know Workday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
5.2
Revenue Per Share
27.776
Quarterly Revenue Growth
0.168
Return On Assets
0.0076
Return On Equity
0.2021
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workday's market value can be influenced by many factors that don't directly affect Workday's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.