Workiva Inc. provides enterprises with cloud solutions for improving productivity, accountability and insight into business data. The Company created Wdesk, a collaborative work management platform for organizations to collect, link, report and analyze their business data. Wdesk's word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail. As of December 31, 2016, it provided its platform to over 2,700 organizations. Wdesk enables coworkers to create, review and publish data-linked documents and reports with control, accuracy and productivity. With Wdesk data linking, changes are automatically updated in all linked instances, including numbers, text, charts and graphics throughout a customer's spreadsheets, word-processing documents and presentation decks in the Wdesk platform.
Industry, Sector and Symbol:
- Sector: Computer and Technology
- Industry: Enterprise Software
- Sub-Industry: N/A
- Symbol: NYSE:WK
- CUSIP: N/A
- Web: www.workiva.com
- Market Cap: $606.58 million
- Outstanding Shares: 41,826,000
- 50 Day Moving Avg: $19.61
- 200 Day Moving Avg: $17.06
- 52 Week Range: $12.15 - $20.95
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -21.41
- P/E Growth: 0.00
- Annual Revenue: $192.38 million
- Price / Sales: 4.28
- Book Value: ($0.15) per share
- Price / Book: -131.33
- EBIDTA: ($32,380,000.00)
- Net Margins: -18.94%
- Return on Equity: -13,251.94%
- Return on Assets: -25.70%
- Debt-to-Equity Ratio: -3.11%
- Current Ratio: 0.98%
- Quick Ratio: 0.98%
- Average Volume: 136,969 shs.
- Beta: 0.66
- Short Ratio: 5.7
Frequently Asked Questions for Workiva (NYSE:WK)
What is Workiva's stock symbol?
Workiva trades on the New York Stock Exchange (NYSE) under the ticker symbol "WK."
How were Workiva's earnings last quarter?
Workiva Inc. (NYSE:WK) announced its earnings results on Thursday, August, 3rd. The company reported ($0.25) earnings per share for the quarter, topping analysts' consensus estimates of ($0.31) by $0.06. The business earned $49.40 million during the quarter, compared to the consensus estimate of $48.37 million. Workiva had a negative net margin of 18.94% and a negative return on equity of 13,251.94%. Workiva's quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter last year, the firm earned ($0.20) earnings per share. View Workiva's Earnings History.
When will Workiva make its next earnings announcement?
What guidance has Workiva issued on next quarter's earnings?
Workiva updated its FY17 earnings guidance on Thursday, August, 3rd. The company provided earnings per share (EPS) guidance of ($0.64)-($0.62) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.66). The company issued revenue guidance of $205-206 million, compared to the consensus revenue estimate of $204.70 million.Workiva also updated its Q3 guidance to ($0.30)-($0.29) EPS.
Where is Workiva's stock going? Where will Workiva's stock price be in 2017?
7 analysts have issued 1 year price objectives for Workiva's shares. Their forecasts range from $15.00 to $22.00. On average, they expect Workiva's share price to reach $19.14 in the next twelve months. View Analyst Ratings for Workiva.
Who are some of Workiva's key competitors?
Some companies that are related to Workiva include Talend S.A. (TLND), Luxoft Holding (LXFT), Varonis Systems (VRNS), Hortonworks (HDP), Mitel Networks Corporation (MITL), Benefitfocus (BNFT), Instructure (INST), PROS Holdings (PRO), Fidessa Group plc (FDSA), Apptio (APTI), Sapiens International Corporation N.V. (SPNS), QAD (QADA), Upland Software (UPLD), QAD (QADB), A10 Networks (ATEN), Model N (MODN), Bazaarvoice (BV) and American Software (AMSWA).
Who are Workiva's key executives?
Workiva's management team includes the folowing people:
- Matthew M. Rizai Ph.D., Chairman of the Board, Chief Executive Officer
- Martin J. Vanderploeg Ph.D., President, Chief Operating Officer, Director
- J Stuart Miller, Chief Financial Officer, Executive Vice President, Treasurer
- Jeffrey D. Trom Ph.D., Executive Vice President, Chief Technology Officer
- Troy M. Calkins, Executive Vice President, General Counsel, Secretary
- Joseph H. Howell, Executive Vice President - Strategic Initiatives
- Michael S. Sellberg, Executive Vice President and Chief Product Officer
- Jill E. Klindt, Chief Accounting Officer, Vice President
- Robert H. Herz, Director
- Michael M. Crow Ph.D., Independent Director
When did Workiva IPO?
(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.
Who owns Workiva stock?
Workiva's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Oberndorf William E (5.73%), Vanguard Group Inc. (3.23%), Highwater Wealth Management LLC (1.81%), Dorsey Asset Management LLC (1.56%), Frontier Capital Management Co. LLC (1.18%) and State Street Corp (0.89%). Company insiders that own Workiva stock include Eugene S Katz, Jerome M Behar and Joseph H Howell. View Institutional Ownership Trends for Workiva.
Who sold Workiva stock? Who is selling Workiva stock?
Workiva's stock was sold by a variety of institutional investors in the last quarter, including The Manufacturers Life Insurance Company , Trexquant Investment LP, HighTower Advisors LLC, FMR LLC and Teachers Advisors LLC. Company insiders that have sold Workiva stock in the last year include Eugene S Katz, Jerome M Behar and Joseph H Howell. View Insider Buying and Selling for Workiva.
Who bought Workiva stock? Who is buying Workiva stock?
Workiva's stock was bought by a variety of institutional investors in the last quarter, including Spark Investment Management LLC, Vanguard Group Inc., JPMorgan Chase & Co., OxFORD Asset Management LLP, Frontier Capital Management Co. LLC, Menta Capital LLC, PDT Partners LLC and State Street Corp. View Insider Buying and Selling for Workiva.
How do I buy Workiva stock?
Shares of Workiva can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Workiva's stock price today?
MarketBeat Community Rating for Workiva (NYSE WK)MarketBeat's community ratings are surveys of what our community members think about Workiva and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Workiva stock can currently be purchased for approximately $19.70.
Consensus Ratings for Workiva (NYSE:WK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Buy (Score: 2.57)|
|Consensus Price Target: ||$19.14 (2.83% downside)|
Analysts' Ratings History for Workiva (NYSE:WK)
(Data available from 8/17/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|8/4/2017||Stifel Nicolaus||Reiterated Rating||Buy||$21.00||Medium|
|7/28/2017||Northland Securities||Reiterated Rating||Buy||$18.00||High|
|7/25/2017||Morgan Stanley||Reiterated Rating||Equal Weight||$16.00 -> $18.00||Low|
|6/26/2017||SunTrust Banks, Inc.||Initiated Coverage||Buy||$22.00||Low|
|5/15/2017||Credit Suisse Group||Boost Price Target||Neutral||$16.00 -> $19.00||Low|
|2/28/2017||Robert W. Baird||Downgrade||Outperform -> Neutral||$15.00||N/A|
|9/8/2016||Raymond James Financial, Inc.||Boost Price Target||Outperform||$16.00 -> $21.00||N/A|
Earnings History for Workiva (NYSE:WK)Earnings History by Quarter for Workiva (NYSE WK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|11/8/2017|| || || || || || || || |
|8/3/2017||Q2 2017||($0.31)||($0.25)||$48.37 million||$49.40 million||View||Listen|
|5/4/2017||Q1 2017||($0.15)||($0.04)||$50.67 million||$51.90 million||View||Listen|
|2/23/2017||Q416||($0.21)||($0.09)||$45.45 million||$46.40 million||View||N/A|
|11/9/2016||Q316||($0.34)||($0.23)||$44.87 million||$44.71 million||View||Listen|
|8/3/2016||Q216||($0.34)||($0.20)||$42.07 million||$43.00 million||View||N/A|
|5/4/2016||Q116||($0.27)||($0.21)||$42.65 million||$44.60 million||View||N/A|
|3/1/2016||Q415||($0.24)||($0.18)||$37.99 million||$39.90 million||View||N/A|
|11/5/2015||Q315||($0.36)||($0.29)||$35.45 million||$36.27 million||View||N/A|
|8/5/2015||Q215||($0.24)||($0.21)||$33.11 million||$34.00 million||View||N/A|
|5/5/2015||Q115||($0.18)||($0.13)||$33.85 million||$35.20 million||View||N/A|
|3/11/2015||Q414||($0.36)||($0.33)||$28.50 million||$30.10 million||View||N/A|
Earnings Estimates for Workiva (NYSE:WK)
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for Workiva (NYSE:WK)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Workiva (NYSE:WK)
Insider Ownership Percentage: 33.40%Insider Trades by Quarter for Workiva (NYSE:WK)
Institutional Ownership Percentage: 41.18%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|8/14/2017||Jerome M Behar||Major Shareholder||Sell||1,839||$20.00||$36,780.00|| |
|8/7/2017||Jerome M Behar||Major Shareholder||Sell||36,579||$20.00||$731,580.00|| |
|7/19/2017||Jerome M Behar||Major Shareholder||Sell||125,000||$20.52||$2,565,000.00|| |
|7/18/2017||Jerome M Behar||Major Shareholder||Sell||48,710||$20.25||$986,377.50|| |
|7/17/2017||Jerome M Behar||Major Shareholder||Sell||1,290||$20.25||$26,122.50|| |
|7/5/2017||Joseph H Howell||VP||Sell||24,000||$18.61||$446,640.00|| |
|6/20/2017||Jerome M Behar||Major Shareholder||Sell||13,804||$19.10||$263,656.40|| |
|6/5/2017||Jerome M Behar||Major Shareholder||Sell||56,121||$18.77||$1,053,391.17|| |
|5/30/2017||Jerome M Behar||Major Shareholder||Sell||76,520||$18.27||$1,398,020.40|| |
|5/16/2017||Jerome M Behar||Major Shareholder||Sell||53,500||$18.13||$969,955.00|| |
|5/8/2017||Jerome M Behar||Major Shareholder||Sell||16,500||$18.12||$298,980.00|| |
|4/3/2017||Joseph H Howell||VP||Sell||24,000||$15.63||$375,120.00|| |
|2/24/2017||Joseph H Howell||VP||Sell||982||$14.02||$13,767.64|| |
|1/11/2017||Joseph H Howell||VP||Sell||910||$14.01||$12,749.10|| |
|1/5/2017||Joseph H Howell||VP||Sell||22,108||$14.01||$309,733.08|| |
|11/30/2016||Eugene S Katz||Director||Sell||5,000||$15.05||$75,250.00|| |
|10/3/2016||Joseph H Howell||VP||Sell||24,000||$17.61||$422,640.00|| |
|9/2/2016||Jerome M Behar||Major Shareholder||Sell||90,000||$18.03||$1,622,700.00|| |
|8/31/2016||Jerome M Behar||Major Shareholder||Sell||62,783||$17.87||$1,121,932.21|| |
|7/20/2016||Joseph H Howell||VP||Sell||163||$14.00||$2,282.00|| |
|7/18/2016||Joseph H Howell||VP||Sell||1,508||$14.02||$21,142.16|| |
|7/13/2016||Joseph H Howell||VP||Sell||18,963||$14.02||$265,861.26|| |
|7/8/2016||Joseph H Howell||VP||Sell||3,366||$14.00||$47,124.00|| |
|6/23/2016||Joseph H Howell||VP||Sell||1,895||$14.00||$26,530.00|| |
|6/9/2016||Joseph H Howell||VP||Sell||6,627||$14.01||$92,844.27|| |
|6/6/2016||Joseph H Howell||VP||Sell||3,940||$14.00||$55,160.00|| |
|2/1/2016||Joseph H Howell||VP||Sell||24,000||$14.25||$342,000.00|| |
|12/14/2015||Jerome M Behar||Major Shareholder||Sell||16,300||$18.01||$293,563.00|| |
|12/14/2015||Joseph H Howell||VP||Sell||24,000||$17.92||$430,080.00|| |
Headline Trends for Workiva (NYSE:WK)
Latest Headlines for Workiva (NYSE:WK)
|Workiva Inc. (WK) Major Shareholder Jerome M. Behar Sells 1,839 Shares|
www.americanbankingnews.com - August 16 at 5:18 PM
|Workiva, Inc. breached its 50 day moving average in a Bullish Manner : WK-US : August 15, 2017|
finance.yahoo.com - August 15 at 3:57 PM
|Workiva to Host Analyst Day on September 19 at Annual User Conference|
finance.yahoo.com - August 15 at 3:57 PM
|Edited Transcript of WK earnings conference call or presentation 3-Aug-17 9:00pm GMT|
finance.yahoo.com - August 14 at 8:26 AM
|Workiva Beats Guidance and Raises Outlook|
finance.yahoo.com - August 13 at 7:44 AM
|Workiva Inc. (NYSE:WK) Major Shareholder Sells $731,580.00 in Stock|
www.americanbankingnews.com - August 8 at 4:22 PM
| Brokerages Anticipate Workiva Inc. (NYSE:WK) Will Announce Quarterly Sales of $51.04 Million|
www.americanbankingnews.com - August 8 at 7:44 AM
|Workiva Inc. (WK) Expected to Post Earnings of -$0.35 Per Share|
www.americanbankingnews.com - August 6 at 2:22 PM
|Workiva Inc. (NYSE:WK) Given Buy Rating at Stifel Nicolaus|
www.americanbankingnews.com - August 5 at 11:34 AM
|Workiva Inc. (NYSE:WK) Posts Quarterly Earnings Results, Beats Estimates By $0.06 EPS|
www.americanbankingnews.com - August 4 at 5:26 PM
|Workiva, Inc. breached its 50 day moving average in a Bearish Manner : WK-US : August 3, 2017|
finance.yahoo.com - August 4 at 10:03 AM
|Investor Network: Workiva, Inc. to Host Earnings Call|
finance.yahoo.com - August 4 at 10:03 AM
|Workiva Announces Second Quarter 2017 Financial Results|
finance.yahoo.com - August 4 at 10:03 AM
|Workiva Inc. (WK) Updates FY17 Earnings Guidance|
www.americanbankingnews.com - August 3 at 5:14 PM
|Workiva Inc. (NYSE:WK) Releases Q3 Earnings Guidance|
www.americanbankingnews.com - August 3 at 5:14 PM
|Is a Surprise in Store for Workiva (WK) in Q2 Earnings?|
finance.yahoo.com - August 2 at 8:48 AM
|Workiva Inc. (WK) Receives Average Recommendation of "Buy" from Analysts|
www.americanbankingnews.com - August 1 at 8:42 AM
|Workiva Announces Data Integration Between Wdesk and More Than 100 Cloud, SaaS and On-Premise Applications|
finance.yahoo.com - July 27 at 9:33 AM
|Workiva Inc. (WK) to Release Earnings on Thursday|
www.americanbankingnews.com - July 27 at 7:46 AM
|Workiva Inc. (NYSE:WK) Receives "Equal Weight" Rating from Morgan Stanley|
www.americanbankingnews.com - July 25 at 7:02 PM
|Workiva Inc. (WK) Downgraded by BidaskClub to "Buy"|
www.americanbankingnews.com - July 25 at 2:15 PM
|Workiva Modernizes Financial Reporting for California Pension Fund|
finance.yahoo.com - July 22 at 10:38 AM
|Workiva Inc. (NYSE:WK) Major Shareholder Jerome M. Behar Sells 1,290 Shares|
www.americanbankingnews.com - July 19 at 8:22 PM
|Workiva Inc. (NYSE:WK) Major Shareholder Jerome M. Behar Sells 125,000 Shares|
www.americanbankingnews.com - July 19 at 7:17 PM
|Jerome M. Behar Sells 48,710 Shares of Workiva Inc. (NYSE:WK) Stock|
www.americanbankingnews.com - July 19 at 7:16 PM
|Zacks: Analysts Expect Workiva Inc. (WK) Will Announce Quarterly Sales of $48.40 Million|
www.americanbankingnews.com - July 19 at 3:02 PM
|Gartner Names Workiva a Leader in 2017 Magic Quadrant for Cloud Financial Corporate Performance Management|
finance.yahoo.com - July 12 at 9:18 AM
|Workiva Inc. (NYSE:WK) Receives Consensus Rating of "Hold" from Analysts|
www.americanbankingnews.com - July 7 at 8:55 AM
|Joseph H. Howell Sells 24,000 Shares of Workiva Inc. (NYSE:WK) Stock|
www.americanbankingnews.com - July 6 at 7:40 PM
|Workiva to Report Second Quarter 2017 Results|
finance.yahoo.com - July 6 at 5:47 PM
|Workiva Releases Independent Study That Shows Wdesk ROI of 266 Percent|
finance.yahoo.com - June 29 at 3:36 PM
|Workiva Helps Expand Open Data for Federal Government Spending|
finance.yahoo.com - June 29 at 8:03 AM
|Workiva Inc. to Post Q2 2017 Earnings of ($0.30) Per Share, SunTrust Banks Forecasts (WK)|
www.americanbankingnews.com - June 29 at 7:49 AM
|Workiva Inc. (WK) Coverage Initiated by Analysts at SunTrust Banks, Inc.|
www.americanbankingnews.com - June 26 at 8:54 PM
|$48.39 Million in Sales Expected for Workiva Inc. (WK) This Quarter|
www.americanbankingnews.com - June 23 at 5:48 PM
|This Tech Titan Is Partying Like It's 1999 After EPS And Sales Beat|
finance.yahoo.com - June 22 at 2:44 PM
|Insider Selling: Workiva Inc. (WK) Major Shareholder Sells 13,804 Shares of Stock|
www.americanbankingnews.com - June 21 at 4:35 PM
| Brokerages Anticipate Workiva Inc. (WK) Will Post Earnings of -$0.31 Per Share|
www.americanbankingnews.com - June 21 at 8:28 AM
|Workiva Plans More Than 60 Sessions for Annual User Conference|
finance.yahoo.com - June 15 at 4:03 PM
|Workiva Named One of the Best Places to Work in IT by Computerworld|
finance.yahoo.com - June 12 at 8:10 PM
|Workiva Inc. (WK) Receives Consensus Rating of "Hold" from Brokerages|
www.americanbankingnews.com - June 12 at 9:42 AM
|Workiva Inc (WK) Major Shareholder Jerome M. Behar Sells 56,121 Shares|
www.americanbankingnews.com - June 6 at 4:29 PM
|Workiva Inc (WK) Major Shareholder Sells $1,398,020.40 in Stock|
www.americanbankingnews.com - May 31 at 4:26 PM
|Workiva Simplifies SOX Compliance for AAON|
finance.yahoo.com - May 31 at 11:34 AM
|Workiva Inc (WK) Expected to Announce Quarterly Sales of $48.39 Million|
www.americanbankingnews.com - May 28 at 10:40 AM
|Workiva Inc (WK) Expected to Post Earnings of -$0.31 Per Share|
www.americanbankingnews.com - May 26 at 8:12 AM
|ETFs with exposure to Workiva, Inc. : May 22, 2017|
finance.yahoo.com - May 22 at 7:41 PM
|Workiva, Inc. :WK-US: Earnings Analysis: Q1, 2017 By the Numbers : May 19, 2017|
finance.yahoo.com - May 19 at 1:47 PM
|Workiva and Host Analytics Form Partnership to Streamline the Last Mile of Finance|
finance.yahoo.com - May 17 at 10:49 PM
|Workiva Inc (WK) Major Shareholder Sells $969,955.00 in Stock|
www.americanbankingnews.com - May 17 at 4:26 PM
Workiva (WK) Chart for Thursday, August, 17, 2017