A new trading day began on Tuesday, with Workday Inc (NASDAQ: WDAY) stock price up 0.21% from the previous day of trading, before settling in for the closing price of $259.36. WDAY’s price has ranged from $199.81 to $311.28 over the past 52 weeks.
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During the last 5-year period, the sales growth of Technology Sector giant was 20.59%. Meanwhile, its annual earnings per share averaged 20.69%. With a float of $209.80 million, this company’s outstanding shares have now reached $210.67 million.
Let’s determine the extent of company efficiency that accounts for 18800 employees. In terms of profitability, gross margin is 75.72%, operating margin of 4.12%, and the pretax margin is 7.12%.
Workday Inc (WDAY) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Workday Inc is 21.13%, while institutional ownership is 71.34%. The most recent insider transaction that took place on Oct 14 ’24, was worth 13,552,624. In this transaction 10% Owner of this company sold 56,000 shares at a rate of $242.01, taking the stock ownership to the 281,000 shares. Before that another transaction happened on Oct 11 ’24, when Company’s Director sold 1,828 for $241.85, making the entire transaction worth $442,106. This insider now owns 8,674 shares in total.
Workday Inc (WDAY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 20.69% per share during the next fiscal year.
Workday Inc (NASDAQ: WDAY) Trading Performance Indicators
Here are Workday Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.99. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 8.84. Likewise, its price to free cash flow for the trailing twelve months is 32.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.73, a number that is poised to hit 1.76 in the next quarter and is forecasted to reach 8.35 in one year’s time.
Technical Analysis of Workday Inc (WDAY)
Looking closely at Workday Inc (NASDAQ: WDAY), its last 5-days average volume was 1.76 million, which is a drop from its year-to-date volume of 2.1 million. As of the previous 9 days, the stock’s Stochastic %D was 42.27%. Additionally, its Average True Range was 6.48.
During the past 100 days, Workday Inc’s (WDAY) raw stochastic average was set at 75.90%, which indicates a significant increase from 59.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.64% in the past 14 days, which was higher than the 31.00% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $246.94, while its 200-day Moving Average is $248.56. However, in the short run, Workday Inc’s stock first resistance to watch stands at $261.23. Second resistance stands at $262.55. The third major resistance level sits at $265.10. If the price goes on to break the first support level at $257.35, it is likely to go to the next support level at $254.80. Should the price break the second support level, the third support level stands at $253.48.
Workday Inc (NASDAQ: WDAY) Key Stats
With a market capitalization of 69.13 billion, the company has a total of 265,000K Shares Outstanding. Currently, annual sales are 7,259 M while annual income is 1,381 M. The company’s previous quarter sales were 2,085 M while its latest quarter income was 132,000 K.
