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MSFT   335.40 (+0.85%)
META   272.61 (+0.00%)
GOOGL   124.67 (+0.77%)
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NVDA   393.27 (-1.11%)
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BABA   84.27 (+1.53%)
AMD   117.86 (-1.35%)
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GE   105.80 (+1.08%)
DIS   90.77 (+2.46%)
AMC   4.55 (+0.00%)
PFE   38.36 (+0.89%)
PYPL   63.96 (+1.44%)
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QQQ   354.65 (+0.75%)
AAPL   180.95 (+0.48%)
MSFT   335.40 (+0.85%)
META   272.61 (+0.00%)
GOOGL   124.67 (+0.77%)
AMZN   124.25 (+1.21%)
TSLA   213.97 (+3.11%)
NVDA   393.27 (-1.11%)
NIO   7.56 (+0.27%)
BABA   84.27 (+1.53%)
AMD   117.86 (-1.35%)
T   15.21 (-3.80%)
F   12.39 (+2.31%)
MU   69.17 (+0.12%)
CGC   0.83 (-1.17%)
GE   105.80 (+1.08%)
DIS   90.77 (+2.46%)
AMC   4.55 (+0.00%)
PFE   38.36 (+0.89%)
PYPL   63.96 (+1.44%)
NFLX   400.47 (-0.66%)
S&P 500   4,282.37 (+1.45%)
DOW   33,762.76 (+2.12%)
QQQ   354.65 (+0.75%)
AAPL   180.95 (+0.48%)
MSFT   335.40 (+0.85%)
META   272.61 (+0.00%)
GOOGL   124.67 (+0.77%)
AMZN   124.25 (+1.21%)
TSLA   213.97 (+3.11%)
NVDA   393.27 (-1.11%)
NIO   7.56 (+0.27%)
BABA   84.27 (+1.53%)
AMD   117.86 (-1.35%)
T   15.21 (-3.80%)
F   12.39 (+2.31%)
MU   69.17 (+0.12%)
CGC   0.83 (-1.17%)
GE   105.80 (+1.08%)
DIS   90.77 (+2.46%)
AMC   4.55 (+0.00%)
PFE   38.36 (+0.89%)
PYPL   63.96 (+1.44%)
NFLX   400.47 (-0.66%)

Workday (WDAY) Competitors

$213.50
-1.81 (-0.84%)
(As of 04:00 PM ET)
Compare
Today's Range
$213.36
$217.67
50-Day Range
$178.32
$216.07
52-Week Range
$128.72
$218.88
Volume
2.04 million shs
Average Volume
2.04 million shs
Market Capitalization
$55.30 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$223.44

WDAY vs. FTNT, ANET, NTES, SNOW, VMW, RELX, ROP, MSI, NXPI, and APH

Should you be buying Workday stock or one of its competitors? The main competitors of Workday include Fortinet (FTNT), Arista Networks (ANET), NetEase (NTES), Snowflake (SNOW), VMware (VMW), Relx (RELX), Roper Technologies (ROP), Motorola Solutions (MSI), NXP Semiconductors (NXPI), and Amphenol (APH). These companies are all part of the "computer and technology" sector.

Workday vs.

Workday (NASDAQ:WDAY) and Fortinet (NASDAQ:FTNT) are both large-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, risk, analyst recommendations, community ranking, dividends, valuation, earnings and profitability.

Workday presently has a consensus target price of $223.44, indicating a potential upside of 4.22%. Fortinet has a consensus target price of $72.30, indicating a potential upside of 6.21%. Given Fortinet's stronger consensus rating and higher possible upside, analysts plainly believe Fortinet is more favorable than Workday.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Workday
1 Sell rating(s)
8 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.66
Fortinet
0 Sell rating(s)
7 Hold rating(s)
25 Buy rating(s)
0 Strong Buy rating(s)
2.78

Workday received 105 more outperform votes than Fortinet when rated by MarketBeat users. However, 68.78% of users gave Fortinet an outperform vote while only 65.52% of users gave Workday an outperform vote.

CompanyUnderperformOutperform
WorkdayOutperform Votes
1330
65.52%
Underperform Votes
700
34.48%
FortinetOutperform Votes
1225
68.78%
Underperform Votes
556
31.22%

In the previous week, Workday had 29 more articles in the media than Fortinet. MarketBeat recorded 36 mentions for Workday and 7 mentions for Fortinet. Fortinet's average media sentiment score of 0.58 beat Workday's score of 0.51 indicating that Fortinet is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Workday
7 Very Positive mention(s)
1 Positive mention(s)
19 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Positive
Fortinet
4 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Workday has a beta of 1.27, meaning that its share price is 27% more volatile than the S&P 500. Comparatively, Fortinet has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500.

Fortinet has a net margin of 20.46% compared to Workday's net margin of -4.09%. Workday's return on equity of -0.44% beat Fortinet's return on equity.

Company Net Margins Return on Equity Return on Assets
Workday -4.09% -0.44% -0.19%
Fortinet 20.46% -282.54% 15.18%

Fortinet has lower revenue, but higher earnings than Workday. Workday is trading at a lower price-to-earnings ratio than Fortinet, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Workday$6.22 billion8.93-$366.75 million-$1.03-208.16
Fortinet$4.42 billion12.10$857.30 million$1.2156.26

67.0% of Workday shares are held by institutional investors. Comparatively, 64.4% of Fortinet shares are held by institutional investors. 21.1% of Workday shares are held by insiders. Comparatively, 18.6% of Fortinet shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Summary

Fortinet beats Workday on 11 of the 18 factors compared between the two stocks.


New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WDAY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WDAY vs. The Competition

MetricWorkdayData processing & preparation IndustryComputer SectorNASDAQ Exchange
Market Cap$55.53B$2.82B$15.25B$6.27B
Dividend YieldN/A2.18%4.63%6.35%
P/E Ratio-208.1623.52319.1411.92
Price / Sales8.934.93842.3487.91
Price / Cash122.9737.5627.97108.39
Price / Book9.358.3717.526.93
Net Income-$366.75M-$64.08M$525.45M$193.37M
7 Day Performance-0.77%0.57%1.26%1.96%
1 Month Performance17.08%6.82%6.15%5.02%
1 Year Performance26.53%-17.43%-5.17%1.20%

Workday Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
FTNT
Fortinet
2.7293 of 5 stars
$68.54
+1.1%
$72.30
+5.5%
+18.7%$53.82B$4.42B56.6412,595
ANET
Arista Networks
2.4849 of 5 stars
$174.42
+2.4%
$173.85
-0.3%
+63.9%$53.77B$4.38B36.343,612Insider Selling
Analyst Revision
News Coverage
High Trading Volume
NTES
NetEase
2.7857 of 5 stars
$84.97
-5.1%
$116.25
+36.8%
-14.9%$55.64B$13.99B16.9631,119
SNOW
Snowflake
1.7163 of 5 stars
$158.66
+5.8%
$183.17
+15.4%
+32.6%$51.56B$2.07B-59.425,884Options Volume
VMW
VMware
2.26 of 5 stars
$133.69
+0.3%
$137.70
+3.0%
+3.5%$57.28B$13.35B43.4138,300Earnings Report
Analyst Report
News Coverage
High Trading Volume
RELX
Relx
2.0938 of 5 stars
$30.77
+0.2%
N/A+15.3%$58.51B$10.58B0.0035,700
ROP
Roper Technologies
2.3789 of 5 stars
$451.69
+0.4%
$498.08
+10.3%
+5.1%$48.15B$5.37B17.1815,800Insider Selling
Analyst Revision
MSI
Motorola Solutions
2.6489 of 5 stars
$285.11
+0.2%
$301.67
+5.8%
+29.7%$47.81B$9.11B35.6420,000Positive News
NXPI
NXP Semiconductors
2.3927 of 5 stars
$182.07
+0.5%
$190.09
+4.4%
-1.9%$47.25B$13.21B17.4634,500Insider Selling
APH
Amphenol
2.5179 of 5 stars
$76.75
+0.2%
$84.56
+10.2%
+9.4%$45.69B$12.62B24.8491,000

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This page (NASDAQ:WDAY) was last updated on 6/2/2023 by MarketBeat.com Staff

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