Impact of Brokerage Rating on Workday, Inc.(WDAY)

Many Workday, Inc.(WDAY) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Workday Inc was Initiated by Wells Fargo to Market Perform on Jan 11, 2017. Workday Inc was Downgraded by Northland Capital to Market Perform on Dec 7, 2016. Workday Inc was Downgraded by Societe Generale to Sell on Dec 2, 2016. Workday Inc was Reiterated by BMO Capital Markets on Dec 2, 2016 to Market Perform, Lowers Price Target to $ 85 from a previous price target of $93 .

Company has reported several Insider transactions to the SEC, on Jan 19, 2017, Michael A. Stankey (Vice Chairman) sold 7,002 shares at 80.47 per share price.On Jan 19, 2017, Robynne Sisco (Chief Financial Officer) sold 909 shares at 80.49 per share price.On Jan 19, 2017, James P Shaughnessy (SVP, General Counsel & Secty) sold 1,403 shares at 80.51 per share price.

Workday Inc Last issued its quarterly earnings results on Dec 1, 2016. The company reported $0.03 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.05. The company had revenue of $409.60 million for the quarter, compared to analysts expectations of $400.50 million. The companys revenue was up 34.2% compared to the same quarter last year.

Workday, Inc. (NYSE:WDAY) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.5 by 38 Brokerage Firm. 12 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 22 Brokerage Firms have advised hold. 3 Analysts have rated it as strong sell.

Workday, Inc. (NYSE:WDAY): 37 Analyst have given the stock of Workday, Inc. (NYSE:WDAY) a near short term price target of $82.03. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $11.3. The higher price target estimate is at $110 while the lower price estimates are fixed at $56.

Workday, Inc. (NYSE:WDAY) rose 0.97% or 0.83 points on Tuesday and made its way into the gainers of the day. After trading began at $85.3 the stock was seen hitting $86.25 as a peak level and $85.05 as the lowest level. The stock ended up at $86.24. The daily volume was measured at 823,940 shares. The 52-week high of the share price is $93.35 and the 52-week low is $48.86. The company has a market cap of $17,334 million.

Workday, Inc. is engaged in providing enterprise cloud applications for human resources and finance. It delivers Human Capital Management, Financial Management, Payroll, Time Tracking, Procurement, and Employee Expense Management applications. The Company provides its customers the applications to manage critical business functions for their financial and human capital resources. It serves technology, financial services, business services, healthcare and life sciences, manufacturing, and consumer and retail industries, as well as education and government industries. Workday, Inc. is headquartered in Pleasanton, California.


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