Workiva Stock Price, Forecast & Analysis (NYSE:WK)

Workiva trades on the New York Stock Exchange (NYSE) under the ticker symbol "WK."

Workiva Inc (NYSE:WK) posted its quarterly earnings data on Wednesday, November, 6th. The software maker reported ($0.12) earnings per share for the quarter, beating the consensus estimate of ($0.36) by $0.24. The software maker earned $74.18 million during the quarter, compared to analysts' expectations of $72.32 million. Workiva had a negative return on equity of 208.31% and a negative net margin of 14.02%. Workiva's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.09) earnings per share. View Workiva's Earnings History.

Workiva is scheduled to release their next quarterly earnings announcement on Wednesday, February 19th 2020. View Earnings Estimates for Workiva.

Workiva issued an update on its fourth quarter earnings guidance on Wednesday, November, 6th. The company provided earnings per share (EPS) guidance of ($0.16-0.15) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.13). The company issued revenue guidance of $75.3-75.8 million, compared to the consensus revenue estimate of $74.95 million.

4 Wall Street analysts have issued twelve-month price targets for Workiva's stock. Their forecasts range from $42.00 to $65.00. On average, they expect Workiva's share price to reach $53.75 in the next year. This suggests a possible upside of 32.6% from the stock's current price. View Analyst Price Targets for Workiva.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Workiva in the last year. There are currently 1 sell rating, 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Workiva.

Media coverage about WK stock has trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Workiva earned a news impact score of -3.2 on InfoTrie's scale. They also gave news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Workiva.

Workiva saw a decrease in short interest in October. As of October 15th, there was short interest totalling 1,860,000 shares, a decrease of 6.5% from the September 15th total of 1,990,000 shares. Based on an average daily volume of 458,100 shares, the short-interest ratio is currently 4.1 days. Currently, 5.8% of the shares of the stock are sold short. View Workiva's Current Options Chain.

Some companies that are related to Workiva include Trend Micro (TMICY), Mongodb (MDB), Anaplan (PLAN), UBISOFT ENTMT S/ADR (UBSFY), Alteryx (AYX), HubSpot (HUBS), SolarWinds (SWI), Elastic (ESTC), Medidata Solutions (MDSO), National Instruments (NATI), Paylocity (PCTY), Dynatrace (DT), Konami (KNMCY), Avalara (AVLR) and Nutanix (NTNX).

Based on aggregate information from My MarketBeat watchlists, some companies that other Workiva investors own include Intelsat (I), Twilio (TWLO), Bank of America (BAC), Ciena (CIEN), Square (SQ), Fossil Group (FOSL), NewLink Genetics (NLNK), AMC Entertainment (AMC), Veeva Systems (VEEV) and Associated British Foods (ABF).

(WK) raised $101 million in an initial public offering (IPO) on Friday, December 12th 2014. The company issued 7,200,000 shares at $13.00-$15.00 per share. Morgan Stanley and Credit Suisse acted as the underwriters for the IPO and Baird, Raymond James and Stifel were co-managers.

Workiva's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (2.10%), First Trust Advisors LP (0.86%), California Public Employees Retirement System (0.22%), Bridger Capital Management LLC (0.20%), Calamos Advisors LLC (0.19%) and Rhumbline Advisers (0.10%). Company insiders that own Workiva stock include Brigid A Bonner, Eugene S Katz, J Stuart Miller, Jeff D Trom, Jerome M Behar, Jill Klindt, Martin J Vanderploeg, Matthew M Rizai, Michael M Crow and Scott G Ryan. View Institutional Ownership Trends for Workiva.

WK stock was sold by a variety of institutional investors in the last quarter, including Bridger Capital Management LLC, Calamos Advisors LLC, First Trust Advisors LP, Riverbridge Partners LLC, Stephens Inc. AR, Sumitomo Mitsui Trust Holdings Inc., Convergence Investment Partners LLC and Oppenheimer Asset Management Inc.. Company insiders that have sold Workiva company stock in the last year include Eugene S Katz, J Stuart Miller, Jeff D Trom, Jill Klindt, Martin J Vanderploeg, Matthew M Rizai, Michael M Crow and Scott G Ryan. View Insider Buying and Selling for Workiva.

WK stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, State of New Jersey Common Pension Fund D, Mackay Shields LLC, Synovus Financial Corp, CWM LLC, Ingalls & Snyder LLC, Meeder Asset Management Inc. and Strs Ohio. View Insider Buying and Selling for Workiva.

Shares of WK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of WK stock can currently be purchased for approximately $40.54.

Workiva has a market capitalization of $1.87 billion and generates $244.34 million in revenue each year. The software maker earns $-50,070,000.00 in net income (profit) each year or ($0.93) on an earnings per share basis. Workiva employs 1,319 workers across the globe.View Additional Information About Workiva.

The official website for Workiva is http://www.workiva.com/.

Workiva's mailing address is 2900 UNIVERSITY BLVD., AMES IA, 50010. The software maker can be reached via phone at 888-275-3125 or via email at [email protected]