<div id="readability-page-1"><p>Shares of Workday, Inc. (NASDAQ:WDAY - Get Free Report) have been given a consensus rating of &#34;Moderate Buy&#34; by the twenty-seven research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and twenty have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $281.44.</p><ul><li>The 2 Most Downgraded Stocks: Sell One, Buy the Other</li></ul><p>Several equities research analysts have recently issued reports on WDAY shares. Canaccord Genuity Group reduced their target price on Workday from $305.00 to $270.00 and set a &#34;buy&#34; rating on the stock in a report on Friday, May 24th. Citigroup reduced their price objective on Workday from $293.00 to $255.00 and set a &#34;neutral&#34; rating on the stock in a research note on Friday, May 24th. Robert W. Baird reduced their price objective on Workday from $316.00 to $265.00 and set an &#34;outperform&#34; rating on the stock in a research note on Friday, May 24th. JMP Securities reissued a &#34;market outperform&#34; rating and set a $315.00 price objective on shares of Workday in a research note on Friday, May 24th. Finally, Jefferies Financial Group reduced their price objective on Workday from $350.00 to $330.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, May 24th.</p><p><b>Get Our Latest Research Report on Workday</b></p><h2>Workday Price Performance</h2><ul><li>Top 3 Analyst-Downgraded Stocks: Tesla, Workday, Starbucks</li></ul><p>Shares of Workday stock opened at $211.95 on Monday. The stock's 50-day simple moving average is $220.05 and its 200-day simple moving average is $252.02. Workday has a 52 week low of $199.81 and a 52 week high of $311.28. The company has a market capitalization of $56.17 billion, a price-to-earnings ratio of 38.19, a PEG ratio of 5.32 and a beta of 1.35. The company has a quick ratio of 2.00, a current ratio of 2.00 and a debt-to-equity ratio of 0.37. </p><p>Workday (NASDAQ:WDAY - Get Free Report) last issued its earnings results on Thursday, May 23rd. The software maker reported $0.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.20. Workday had a return on equity of 5.78% and a net margin of 19.66%. The firm had revenue of $1.99 billion for the quarter, compared to analysts' expectations of $1.97 billion. During the same period in the previous year, the firm posted $0.16 earnings per share. The business's revenue was up 18.1% compared to the same quarter last year. As a group, analysts expect that Workday will post 2.12 earnings per share for the current fiscal year. </p><h2>Insider Buying and Selling at Workday</h2><ul><li>Zoom Stock’s Earnings Volatility Picked Up a Lot of Buyers</li></ul><p>In other Workday news, insider Douglas A. Robinson sold 3,121 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $214.44, for a total transaction of $669,267.24. Following the sale, the insider now owns 204,066 shares of the company's stock, valued at approximately $43,759,913.04. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. In other Workday news, insider Douglas A. Robinson sold 3,121 shares of the stock in a transaction on Tuesday, May 28th. The stock was sold at an average price of $214.44, for a total transaction of $669,267.24. Following the sale, the insider now owns 204,066 shares of the company's stock, valued at approximately $43,759,913.04. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder David A. Duffield sold 82,762 shares of the stock in a transaction on Monday, June 3rd. The shares were sold at an average price of $210.28, for a total value of $17,403,193.36. Following the sale, the insider now directly owns 102,997 shares in the company, valued at approximately $21,658,209.16. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 524,672 shares of company stock valued at $115,938,834. 20.00% of the stock is currently owned by corporate insiders. </p><h2>Institutional Trading of Workday</h2><p>Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Crewe Advisors LLC acquired a new stake in shares of Workday in the 1st quarter worth $27,000. Sound Income Strategies LLC boosted its position in shares of Workday by 74.2% in the 1st quarter. Sound Income Strategies LLC now owns 115 shares of the software maker's stock worth $31,000 after purchasing an additional 49 shares in the last quarter. SouthState Corp boosted its position in shares of Workday by 614.3% in the 2nd quarter. SouthState Corp now owns 150 shares of the software maker's stock worth $34,000 after purchasing an additional 129 shares in the last quarter. Asset Dedication LLC acquired a new stake in shares of Workday in the 2nd quarter worth $36,000. Finally, PSI Advisors LLC acquired a new stake in shares of Workday in the 2nd quarter worth $38,000. Institutional investors own 89.81% of the company's stock. </p><h2>Workday Company Profile</h2> (Get Free Report<p>Workday, Inc provides enterprise cloud applications in the United States and internationally. Its applications help its customers to plan, execute, analyze, and extend to other applications and environments to manage their business and operations. The company offers a suite of financial management applications to maintain accounting information in the general ledger; manage financial processes, such as payables and receivables; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations.</p><h2>See Also</h2><ul><li>Five stocks we like better than Workday</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>Why Wall Street Analysts Raised Price Targets for Suncor Stock</li><li>What is a Dividend Harvesting Strategy and How Can Investors Profit from it?</li><li>Is Super Micro Computer a Buy After Shares Sink 20% on Earnings?</li><li>Election Stocks: How Elections Affect the Stock Market</li><li>MarketBeat Week in Review – 8/5 - 8/9</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0RBWQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0RBWQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Kamala Harris and The Woke Progressive Nightmare <span><span>(From Paradigm Press)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTIz?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05MTIz"/></p><h2>Should you invest $1,000 in Workday right now?</h2><p>Before you consider Workday, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Workday wasn't on the list.</p><p>While Workday currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

WDAY

<p>Workday, Inc. (NASDAQ:WDAY) has received a "Moderate Buy" consensus rating from 27 research firms. One analyst rates the stock as a sell, six as hold, and twenty as buy. The average 1-year target price is $281.44. Workday's stock price is currently at $211.95 with a 50-day simple moving average of $220.05 and a 200-day simple moving average of $252.02. Workday's market capitalization is $56.17 billion. The company reported $0.51 earnings per share for the quarter, beating the consensus estimate of $0.31. Insiders have sold 524,672 shares of company stock in the last 90 days.</p>

Workday, Inc. (NASDAQ:WDAY) Receives Consensus Rating of "Moderate Buy" from Brokerages