Workday Inc [NASDAQ: WDAY] traded at a high on Wednesday, posting a 6.22 gain after which it closed the day’ session at $271.09.
The results of the trading session contributed to over 6229631 shares changing hands. Over the past one week, the price volatility of Workday Inc stands at 3.21% while the volatility over the past one month is 3.03%.
The market cap for WDAY stock reached $72.11 billion, with 266.00 million shares outstanding and 211.71 million shares in the current float. Compared to the average trading volume of 3.60M shares, WDAY reached a trading volume of 6229631 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Workday Inc [WDAY]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WDAY shares is $315.52 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WDAY stock is a recommendation set at 1.78. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Redburn Atlantic have made an estimate for Workday Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 19, 2025. While these analysts kept the previous recommendation, Morgan Stanley dropped their target price from $330 to $275. The new note on the price target was released on February 19, 2025, representing the official price target for Workday Inc stock. Previously, the target price had yet another raise from $265 to $300, while Deutsche Bank kept a Buy rating on WDAY stock.
The Average True Range (ATR) for Workday Inc is set at 9.34, with the Price to Sales ratio for WDAY stock in the period of the last 12 months amounting to 8.56. The Price to Book ratio for the last quarter was 8.34, with the Price to Cash per share for the same quarter was set at 30.14. Price to Free Cash Flow for WDAY in the course of the last twelve months was 32.90 with Quick ratio for the last quarter at 2.00.
How has WDAY stock performed recently?
Workday Inc [WDAY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.83. With this latest performance, WDAY shares gained by 2.61% in over the last four-week period, additionally plugging by 4.29% over the last 6 months – not to mention a drop of -11.37% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WDAY stock in for the last two-week period is set at 56.79, with the RSI for the last a single of trading hit 59.47, and the three-weeks RSI is set at 55.25 for Workday Inc [WDAY]. The present Moving Average for the last 50 days of trading for this stock 261.70, while it was recorded at 261.23 for the last single week of trading, and 244.89 for the last 200 days.
Workday Inc [WDAY]: Deeper insight into the fundamentals
Workday Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.00 and a Current Ratio set at 1.85.
Earnings analysis for Workday Inc [WDAY]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WDAY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Workday Inc go to 16.44%.
Insider trade positions for Workday Inc [WDAY]
The top three institutional holders of WDAY stocks are: VANGUARD GROUP INC with ownership of 15.46 million shares, which is approximately 5.8456%. BLACKROCK INC., holding 13.89 million shares of the stock with an approximate value of $$3.11 billion in WDAY stocks shares; and BLACKROCK INC., currently with $$1.47 billion in WDAY stock with ownership which is approximately 2.4734%.
