Workiva (WK) Projected to Post Quarterly Earnings on Thursday

Workiva (NYSE:WK - Get Free Report) is expected to release its Q1 2025 earnings data after the market closes on Thursday, May 1st. Analysts expect the company to announce earnings of $0.07 per share and revenue of $204.24 million for the quarter.

Workiva Trading Up 1.4 %

Shares of NYSE:WK traded up $1.01 on Tuesday, reaching $74.45. 544,785 shares of the company were exchanged, compared to its average volume of 497,139. Workiva has a 1-year low of $60.50 and a 1-year high of $116.83. The firm has a market cap of $4.18 billion, a price-to-earnings ratio of -80.92 and a beta of 1.02. The company has a 50-day moving average of $78.13 and a 200-day moving average of $90.87.

Insider Buying and Selling at Workiva

In other news, CAO Brandon Ziegler sold 4,115 shares of the business's stock in a transaction on Friday, March 7th. The shares were sold at an average price of $85.72, for a total transaction of $352,737.80. Following the completion of the sale, the chief accounting officer now directly owns 103,509 shares of the company's stock, valued at $8,872,791.48. The trade was a 3.82 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Robert H. Herz sold 1,000 shares of the business's stock in a transaction on Friday, March 14th. The shares were sold at an average price of $88.70, for a total transaction of $88,700.00. Following the sale, the director now directly owns 34,084 shares of the company's stock, valued at $3,023,250.80. This represents a 2.85 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 21,129 shares of company stock worth $1,807,333. Corporate insiders own 3.86% of the company's stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on WK shares. Stephens started coverage on shares of Workiva in a research note on Wednesday, March 19th. They set an "overweight" rating and a $111.00 price target on the stock. BNP Paribas began coverage on shares of Workiva in a research note on Tuesday, April 22nd. They set an "outperform" rating and a $100.00 price target on the stock. Citigroup increased their price objective on shares of Workiva from $128.00 to $130.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Stifel Nicolaus lowered their price objective on shares of Workiva from $130.00 to $120.00 and set a "buy" rating on the stock in a research note on Wednesday, February 26th. Finally, Raymond James raised shares of Workiva from a "market perform" rating to an "outperform" rating and set a $135.00 price objective on the stock in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $112.90.

Workiva Company Profile

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.