Media headlines about Workiva (NYSE:WK) have trended somewhat positive on Thursday, according to Accern Sentiment. Accern rates the sentiment of news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Workiva earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the software maker an impact score of 46.7404675270479 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Workiva traded up $0.30, reaching $25.15, during trading on Thursday, Marketbeat Ratings reports. 6,328 shares of the stock were exchanged, compared to its average volume of 143,247. Workiva has a twelve month low of $18.35 and a twelve month high of $27.60. The company has a debt-to-equity ratio of -1.97, a quick ratio of 0.91 and a current ratio of 0.91. The company has a market cap of $1.06 billion, a P/E ratio of -23.50 and a beta of 0.61.
Get Workiva alerts:Workiva (NYSE:WK) last issued its quarterly earnings data on Wednesday, May 2nd. The software maker reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.19) by $0.10. The company had revenue of $59.91 million for the quarter, compared to the consensus estimate of $57.62 million. The business’s revenue for the quarter was up 15.4% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.04) earnings per share. equities analysts predict that Workiva will post -1.32 earnings per share for the current year.
A number of research analysts recently weighed in on the company. ValuEngine raised Workiva from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 11th. Zacks Investment Research raised Workiva from a “sell” rating to a “hold” rating in a research note on Friday, April 13th. Morgan Stanley upped their price target on Workiva from $18.00 to $19.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 3rd. Finally, TheStreet downgraded Workiva from a “c-” rating to a “d-” rating in a research note on Wednesday, May 23rd. Seven investment analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of $23.86.
In other Workiva news, major shareholder Jerome M. Behar sold 100,000 shares of the business’s stock in a transaction that occurred on Friday, May 4th. The stock was sold at an average price of $25.70, for a total transaction of $2,570,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 29.94% of the company’s stock.
About Workiva
Workiva Inc provides cloud solutions for the finance and accounting, audit and internal controls, risk and compliance, and performance and management reporting markets in the United States and internationally. The company provides Wdesk, a platform with proprietary word processing, spreadsheet, and presentation applications to collect, link, report, and analyze the business data, as well as to create, review, and publish data-linked documents and reports.
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