Workiva Inc. (NYSE:WK) went down by -1.50% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Software – Application giant went up by $54.67 to trade ended Monday trading at $55.50. This is down from the $55.5 price recorded on Friday’s trading session. Thanks to this latest performance, WK is closer to the higher price 52-week target of $68.00 and further from the lowest price target of $30.00. Its performance from the start of the year has also been positive, with WK up by 30.01% year-to-date.
Workiva Inc. (WK) started the day trading at $56.05 and recorded an intraday high of $56.05. It also recorded an intraday low of $54.14 during Monday’s trading session. Workiva Inc. is a very active stock that recorded a trading volume that is more than 15.71% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 564028, which is more than 15.71 of the total average daily trading volume of 475.42K.
Workiva Inc. (NYSE:WK) 2020 Performance Impressive
The increase in WK’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of WK currently stands at $64.11, which is higher than the current trading price of the stock by 14.72%. However, WK’s current trading price is -148.39% lower than the 52-week low price of $22.01. In terms of trading volume, Workiva Inc. currently experienced healthy participation during the last trading session. 564028 shares of Workiva Inc. were traded on the stock exchange on Monday, which is more than 15.71% of the 475.42K average trading volume of the stock.
The performance of the stock has been positive over the past year. WK’s performance over the past one year has seen it plunge by -5.89%, while the stock has gone up by 31.45% in the last six months. The quarterly performance of WK currently stands at 59.99%, and it is up by 22.74% in the last month. The only positive figure was from the weekly performance, which currently reads 5.95%. At the time of writing WK’s report, the company has a total market cap of $2.57B, making it one of the largest publicly-traded companies in the world.Workiva Inc. also has over 1580 employees all over the world.
WK Insider Activities
For Workiva Inc., insiders hold 77.00% of all company shares. The insider transactions over the past six months are up by 7.50%. During that period, insiders bought 326,444 shares in 16 transactions. In that same period, insiders sold 43,063 of their shares in 15 transactions. After these transactions, insiders at Workiva Inc. now hold 4.48M shares, which is over 69.56% of the total company stocks. Institutional investors currently hold a large chunk of the WK shares, as they control 9.51% of the company’s total stock.
WK Fundamental Analysis
For Workiva Inc., the stock’s diluted earnings per share (EPS) stands at -1.09. In the coming year, analysts expect the EPS to be -0.25. The stock’s EPS growth this year is 9.40%, 4.10% in the previous five years. In terms of revenue, Workiva Inc.’s quarterly sales (YOY) is shrinking at -0.15, which is lower than the average annual revenue of 4.10% over the past half a decade.
The Return on Investment (ROI) on Workiva Inc.’s stock currently stands at -12.60%, and it has a net profit margin of -16.30%. The operating margin of the company is -15.10%, and its gross margin is 72.00%.
WK Analysts Prediction
The Morgan Stanley has a Underweight rating for Workiva Inc., predicting the stock price to stay between $46 and $42.
SunTrust and Stifel also believe that Workiva Inc.’s stock is outperforming at the moment.
At the moment, Workiva Inc.’s Total Debt to Equity ratio stands at 4.29, and they have a long-term Debt to Equity ratio of 4.27.
WK Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of WK currently stands at 14.81%, while the SMA50 is 29.23%. The biggest one is the SMA200, which is currently reading 31.36% ahead of Monday’s trading session. The Relative Strength Index of this stock is 75.74.
