NYSE:WK - Workiva Stock Price, Forecast & News

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

Workiva Inc (NYSE:WK) released its quarterly earnings results on Wednesday, November, 6th. The software maker reported ($0.12) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.36) by $0.24. The software maker had revenue of $74.18 million for the quarter, compared to the consensus estimate of $72.32 million. Workiva had a negative net margin of 14.02% and a negative return on equity of 208.31%. The company's quarterly revenue was up 21.9% on a year-over-year basis. During the same period last year, the firm 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 updated 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 brokerages have issued 12-month target prices for Workiva's stock. Their forecasts range from $42.00 to $65.00. On average, they anticipate Workiva's stock price to reach $53.75 in the next year. This suggests a possible upside of 23.0% 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.

News coverage about WK stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Workiva earned a news sentiment score of -1.5 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near term. View News Stories for Workiva.

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

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

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 on Friday, December 12th 2014. The company issued 7,200,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley and Credit Suisse served 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%), State Street Corp (1.56%), First Trust Advisors LP (0.86%), California Public Employees Retirement System (0.22%), Bridger Capital Management LLC (0.20%) and Calamos Advisors LLC (0.19%). 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 Millennium Management LLC, Bridger Capital Management LLC, Calamos Advisors LLC, First Trust Advisors LP, Riverbridge Partners LLC, Stephens Inc. AR, Sumitomo Mitsui Trust Holdings Inc. and Man Group plc. Company insiders that have sold Workiva company stock in the last year include 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 acquired by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, Squarepoint Ops LLC, State of New Jersey Common Pension Fund D, Voloridge Investment Management LLC, Mackay Shields LLC, State Street Corp, Synovus Financial Corp and Neo Ivy Capital Management. 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 $43.71.

Workiva has a market capitalization of $2.03 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]