In the past week, WDAY stock has gone down by -1.73%, with a monthly decline of -1.84% and a quarterly surge of 8.14%. The volatility ratio for the week is 3.08%, and the volatility levels for the last 30 days are 2.61% for Workday Inc. The simple moving average for the last 20 days is -1.21% for WDAY stock, with a simple moving average of 13.87% for the last 200 days.
Is It Worth Investing in Workday Inc. (NASDAQ: WDAY) Right Now?
The 36-month beta value for WDAY is also noteworthy at 1.27. There are mixed opinions on the stock, with 22 analysts rating it as a “buy,” 6 rating it as “overweight,” 10 rating it as “hold,” and 1 rating it as “sell.”
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Sponsored
The average price estimated by analysts for WDAY is $213.98, which is $27.45 above than the current price. The public float for WDAY is 200.33M, and at present, short sellers hold a 2.03% of that float. The average trading volume of WDAY on March 15, 2023 was 1.99M shares.
WDAY) stock’s latest price update
Workday Inc. (NASDAQ: WDAY)’s stock price has increased by 1.19 compared to its previous closing price of 181.25. but the company has seen a -1.73% decline in its stock price over the last five trading sessions. Barron’s reported on 02/28/23 that Workday Stock Is Slipping. Uncertain Outlook Overshadows Strong Earnings.
Analysts’ Opinion of WDAY
In the past week, WDAY stock has gone down by -1.73%, with a monthly decline of -1.84% and a quarterly surge of 8.14%. The volatility ratio for the week is 3.08%, and the volatility levels for the last 30 days are 2.61% for Workday Inc. The simple moving average for the last 20 days is -1.21% for WDAY stock, with a simple moving average of 13.87% for the last 200 days.
Analysts’ Opinion of WDAY
Many brokerage firms have already submitted their reports for WDAY stocks, with Societe Generale repeating the rating for WDAY by listing it as a “Hold.” The predicted price for WDAY in the upcoming period, according to Societe Generale is $205 based on the research report published on March 01st of the current year 2023.
Wells Fargo, on the other hand, stated in their research note that they expect to see WDAY reach a price target of $250, previously predicting the price at $240. The rating they have provided for WDAY stocks is “Overweight” according to the report published on February 28th, 2023.
Stifel gave a rating of “Buy” to WDAY, setting the target price at $210 in the report published on February 28th of the current year.
WDAY Trading at 2.57% from the 50-Day Moving Average
After a stumble in the market that brought WDAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.32% of loss for the given period.
Volatility was left at 2.61%, however, over the last 30 days, the volatility rate increased by 3.08%, as shares sank -2.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +9.31% upper at present.
During the last 5 trading sessions, WDAY fell by -1.73%, which changed the moving average for the period of 200-days by +11.49% in comparison to the 20-day moving average, which settled at $185.41. In addition, Workday Inc. saw 9.61% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WDAY starting from Chakraborty Sayan, who sale 412 shares at the price of $190.24 back on Mar 07. After this action, Chakraborty Sayan now owns 94,601 shares of Workday Inc., valued at $78,377 using the latest closing price.
Chakraborty Sayan, the Co-President of Workday Inc., sale 328 shares at $191.44 during a trade that took place back on Mar 06, which means that Chakraborty Sayan is holding 95,013 shares at $62,791 based on the most recent closing price.
Stock Fundamentals for WDAY
Current profitability levels for the company are sitting at:
- -3.87 for the present operating margin
- +72.33 for the gross margin
The net margin for Workday Inc. stands at -5.92. Equity return is now at value -7.00, with -2.80 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In summary, Workday Inc. (WDAY) has had a mixed performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
