NYSE:WORKSlack Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Slack Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $30.45 -0.61 (-1.96 %) (As of 07/2/2020 11:37 AM ET) Add Compare Share Today's Range$30.21Now: $30.45▼$31.3650-Day Range$29.00MA: $32.58▼$39.9052-Week Range$15.10Now: $30.45▼$40.07Volume6.10 million shsAverage Volume29.24 million shsMarket Capitalization$16.95 billionP/E RatioN/ADividend YieldN/ABetaN/A ProfileAnalyst RatingsAdvanced ChartCompetitorsEarningsInsider TradesInstitutional OwnershipHeadlinesSocial Media Slack Technologies, Inc. operates Slack, a business technology software platform in the United States and internationally. Its platform brings together people, applications, and data, as well as sells its offering under a software-as-a-service model. The company was formerly known as Tiny Speck, Inc. and changed its name to Slack Technologies, Inc. in 2014. Slack Technologies, Inc. was founded in 2009 and is headquartered in San Francisco, California.Read More Beat the Market (BTM) Rank™ 3.2 Analyst's Opinion Consensus RatingSlack has received a consensus rating of Hold. The company's average rating score is 2.48, and is based on 13 buy ratings, 8 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $33.64, Slack has a potential upside of 10.5% from its current price of $30.44.Amount of Analyst CoverageSlack has been the subject of 16 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.6 Community Rank Outperform VotesSlack has received 124 “outperform” votes. (Add your “outperform” vote.)Underperform VotesSlack has received 115 “underperform” votes. (Add your “underperform” vote.)Community SentimentSlack has received 51.88% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Slack and other stocks. Vote “Outperform” if you believe WORK will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WORK will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldSlack does not currently pay a dividend.Dividend GrowthSlack does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Slack insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $78,114,089.00 in company stock.Percentage Held by InsidersOnly 26.82% of the stock of Slack is held by insiders.Percentage Held by Institutions51.91% of the stock of Slack is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Slack are expected to grow in the coming year, from ($0.58) to ($0.54) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Slack is -21.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Slack is -21.29, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioSlack has a P/B Ratio of 20.16. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.2Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.49 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Miscellaneous business services Sub-IndustryN/A SectorBusiness Services Current SymbolNYSE:WORK Previous Symbol CUSIPN/A CIKN/A Webslack.com Phone415-630-7943Debt Debt-to-Equity Ratio0.74 Current Ratio3.32 Quick Ratio3.32Price-To-Earnings Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$630.42 million Price / Sales26.89 Cash FlowN/A Price / Cash FlowN/A Book Value$1.51 per share Price / Book20.17Profitability EPS (Most Recent Fiscal Year)($1.42) Net Income$-571,060,000.00 Net Margins-87.91% Return on Equity-79.21% Return on Assets-40.68%Miscellaneous Employees2,045 Outstanding Shares556,810,000Market Cap$16.95 billion Next Earnings Date9/2/2020 (Estimated) OptionableNot Optionable WORK Rates by TradingView Receive WORK News and Ratings via Email Sign-up to receive the latest news and ratings for WORK and its competitors with MarketBeat's FREE daily newsletter. Slack (NYSE:WORK) Frequently Asked Questions How has Slack's stock been impacted by COVID-19 (Coronavirus)? Slack's stock was trading at $23.62 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, WORK shares have increased by 28.9% and is now trading at $30.44. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Slack? 23 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Slack in the last year. There are currently 2 sell ratings, 8 hold ratings and 13 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Slack. When is Slack's next earnings date? Slack is scheduled to release its next quarterly earnings announcement on Wednesday, September 2nd 2020. View our earnings forecast for Slack. How were Slack's earnings last quarter? Slack (NYSE:WORK) issued its quarterly earnings data on Thursday, June, 4th. The company reported ($0.02) earnings per share for the quarter, beating the consensus estimate of ($0.14) by $0.12. The company had revenue of $201.65 million for the quarter, compared to analysts' expectations of $188.12 million. Slack had a negative return on equity of 79.21% and a negative net margin of 87.91%. Slack's quarterly revenue was up 49.6% compared to the same quarter last year. View Slack's earnings history. What guidance has Slack issued on next quarter's earnings? Slack issued an update on its second quarter earnings guidance on Thursday, June, 4th. The company provided earnings per share guidance of $(0.04)-(0.03) for the period, compared to the Thomson Reuters consensus estimate of ($0.06). The company issued revenue guidance of $206-209 million, compared to the consensus revenue estimate of $199.86 million. What price target have analysts set for WORK? 23 brokerages have issued 12 month price targets for Slack's stock. Their forecasts range from $20.00 to $45.00. On average, they anticipate Slack's share price to reach $33.64 in the next twelve months. This suggests a possible upside of 10.5% from the stock's current price. View analysts' price targets for Slack. Has Slack been receiving favorable news coverage? Headlines about WORK stock have trended very negative on Thursday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Slack earned a news sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news about Slack. Who are some of Slack's key competitors? Some companies that are related to Slack include SEA (SE), Johnson Controls International (JCI), BALFOUR BEATTY/S (BAFYY), NV5 Global (NVEE), Flight Centre Travel Group (FGETF), Donnelley Financial Solutions (DFIN), Altisource Portfolio Solutions (ASPS), Applied DNA Sciences (APDN), Performant Financial (PFMT), Ascent Capital Group Inc Series A (ASCMA), Helios and Matheson Analytics (HMNY) and Cornerworld (CWRL). View all competitors. What other stocks do shareholders of Slack own? Based on aggregate information from My MarketBeat watchlists, some companies that other Slack investors own include NVIDIA (NVDA), salesforce.com (CRM), Zoom Video Communications (ZM), Alibaba Group (BABA), Walt Disney (DIS), Roku (ROKU), Shopify (SHOP), Netflix (NFLX), Square (SQ) and Tesla (TSLA). When did Slack IPO? (WORK) raised $4.8 billion in an initial public offering (IPO) on Thursday, June 20th 2019. The company issued 118,400,000 shares at a price of $38.25-$42.00 per share. DPO (Direct Public Offering) served as the underwriter for the IPO. What is Slack's stock symbol? Slack trades on the New York Stock Exchange (NYSE) under the ticker symbol "WORK." How do I buy shares of Slack? Shares of WORK 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. What is Slack's stock price today? One share of WORK stock can currently be purchased for approximately $30.44. How big of a company is Slack? Slack has a market capitalization of $16.95 billion and generates $630.42 million in revenue each year. The company earns $-571,060,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. Slack employs 2,045 workers across the globe. What is Slack's official website? The official website for Slack is slack.com. How can I contact Slack? Slack's mailing address is 500 HOWARD STREET, SAN FRANCISCO CA, 94105. The company can be reached via phone at 415-630-7943. This page was last updated on 7/2/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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