Workday Inc [NASDAQ: WDAY] closed the trading session at $272.07.
The stocks have a year to date performance of 5.44 percent and weekly performance of -0.96 percent. The stock has been moved at 4.90 percent over the last six months. The stock has performed 20.99 percent around the most recent 30 days and changed 6.12 percent over the most recent 3-months.
If compared to the average trading volume of 2.21M shares, WDAY reached to a volume of 3960636 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $300.91 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 1.65. 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.
BMO Capital Markets have made an estimate for Workday Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on February 27, 2025. While these analysts kept the previous recommendation, Redburn Atlantic raised their target price to Neutral. 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 drop from $330 to $275, while Morgan Stanley kept a Equal-Weight rating on WDAY stock. On January 08, 2025, analysts increased their price target for WDAY shares from 265 to 300.
The Average True Range (ATR) for Workday Inc is set at 6.29, with the Price to Sales ratio for WDAY stock in the period of the last 12 months amounting to 8.65. The Price to Book ratio for the last quarter was 8.02, with the Price to Cash per share for the same quarter was set at 30.00. Price to Free Cash Flow for WDAY in the course of the last twelve months was 33.22 with Quick ratio for the last quarter at 1.85.
WDAY stock trade performance evaluation
Workday Inc [WDAY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.96. With this latest performance, WDAY shares gained by 20.99% in over the last four-week period, additionally plugging by 4.90% over the last 6 months – not to mention a rise of 4.84% 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 67.95, with the RSI for the last a single of trading hit 70.28, and the three-weeks RSI is set at 63.89 for Workday Inc [WDAY]. The present Moving Average for the last 50 days of trading for this stock 244.23, while it was recorded at 272.16 for the last single week of trading, and 250.66 for the last 200 days.
Workday Inc [WDAY]: An insightful look at the core fundamentals
Workday Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.85 and a Current Ratio set at 1.85.
Earnings per share (EPS) analysis for Workday Inc [WDAY] stock
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 16.36%.
Workday Inc [WDAY]: Institutional Ownership
The top three institutional holders of WDAY stocks are: VANGUARD GROUP INC with ownership of 15.46 million shares, which is approximately 5.8264%. 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%.