Workiva (WK) Expected to Announce Quarterly Earnings on Tuesday

Workiva (NYSE:WK - Get Free Report) is anticipated to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Workiva to post earnings of $0.33 per share and revenue of $195.24 million for the quarter. Persons that wish to register for the company's earnings conference call can do so using this link.

Workiva Trading Down 2.3 %

NYSE:WK traded down $2.03 during midday trading on Friday, hitting $84.52. 447,674 shares of the stock were exchanged, compared to its average volume of 658,958. Workiva has a one year low of $65.47 and a one year high of $116.83. The company has a market capitalization of $4.68 billion, a price-to-earnings ratio of -91.87 and a beta of 1.06. The business has a 50-day moving average price of $104.16 and a two-hundred day moving average price of $90.38.

Analyst Ratings Changes

Several brokerages recently commented on WK. Citigroup boosted their target price on Workiva from $116.00 to $128.00 and gave the stock a "buy" rating in a report on Monday, December 16th. The Goldman Sachs Group upped their price target on Workiva from $120.00 to $133.00 and gave the company a "buy" rating in a report on Tuesday, January 14th. Raymond James raised Workiva from a "market perform" rating to an "outperform" rating and set a $135.00 price target on the stock in a report on Friday, January 3rd. Stifel Nicolaus raised Workiva from a "hold" rating to a "buy" rating and upped their price target for the company from $102.00 to $130.00 in a report on Wednesday, December 18th. Finally, Robert W. Baird upped their price target on Workiva from $110.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, December 13th. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $122.14.

About Workiva

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.