Workiva (WK) Stock Price, News & Analysis

Company Overview

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. It serves public and private companies, government agencies, and higher-education institutions. Workiva Inc. was founded in 2008 and is headquartered in Ames, Iowa.

Key Stats

• Today's Range: $89.39 to $92.18
• 50-Day Range: $70.92 to $94.76
• 52-Week Range: $65.47 to $105.00
• Volume: 303,061 shs
• Average Volume: 376,804 shs
• Market Capitalization: $5.10 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $103.20
• Consensus Rating: Moderate Buy

Workiva Stock Analysis - MarketRank™

Workiva scored higher than 71% of companies evaluated by MarketBeat, and ranked 259th out of 648 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Workiva has received a consensus rating of Moderate Buy. The company's average rating score is 2.83, and is based on 5 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Workiva has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Workiva are expected to grow in the coming year, from ($0.92) to ($0.69) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Workiva is -100.17, 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. Sector

The P/E ratio of Workiva is -100.17, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.57% of the outstanding shares of Workiva have been sold short.

Short Interest Ratio / Days to Cover

Workiva has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Workiva has recently increased by 5.42%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Workiva does not currently pay a dividend.

Dividend Growth

Workiva does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.6 / 5
• Environmental Score: -0.36

Percentage of Shares Shorted

4.57% of the outstanding shares of Workiva have been sold short.

Short Interest Ratio / Days to Cover

Workiva has a short interest ratio ("days to cover") of 7.3.

Change versus previous month

Short interest in Workiva has recently increased by 5.42%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.21

News Sentiment

Workiva has a news sentiment score of 1.21. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Workiva this week, compared to 4 articles on an average week.

Search Interest

Only 2 people have searched for WK on MarketBeat in the last 30 days. This is a decrease of -60% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Workiva insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $205,971.00 in company stock.

Percentage Held by Insiders

Only 3.86% of the stock of Workiva is held by insiders.

Percentage Held by Institutions

92.21% of the stock of Workiva is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WK Stock Analysis - Frequently Asked Questions

How have WK shares performed this year?

Workiva's stock was trading at $101.53 at the beginning of 2024. Since then, WK shares have decreased by 9.2% and is now trading at $92.16.
View the best growth stocks for 2024 here.

How were Workiva's earnings last quarter?

Workiva Inc. (NYSE:WK) issued its quarterly earnings data on Thursday, August, 1st. The software maker reported $0.16 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.18 by $0.02. Workiva's revenue was up 14.5% compared to the same quarter last year.

When did Workiva IPO?

Workiva (WK) raised $101 million in an initial public offering (IPO) 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 acted as the underwriters for the IPO and Baird, Raymond James and Stifel were co-managers.

Who are Workiva's major shareholders?

Workiva's top institutional shareholders include Geode Capital Management LLC (2.07%), Conestoga Capital Advisors LLC (1.86%), Brown Capital Management LLC (1.65%) and Loomis Sayles & Co. L P (1.32%). Insiders that own company stock include Brandon Ziegler, Jill Klindt, Michael D Hawkins, Robert H Herz, Brigid A Bonner, Michael M Crow and Mithun Banarjee.
View institutional ownership trends.

How do I buy shares of Workiva?

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

What other stocks do shareholders of Workiva own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Workiva investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), CrowdStrike (CRWD), Home Depot (HD), Meta Platforms (META) and Netflix (NFLX).

Company Calendar

• Last Earnings: 8/01/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/18/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NYSE:WK
• CUSIP: N/A
• CIK: 1445305
• Web: www.workiva.com
• Phone: (888) 275-3125
• Fax: N/A
• Employees: 2,526
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $103.20
• High Stock Price Target: $110.00
• Low Stock Price Target: $95.00
• Potential Upside/Downside: +12.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.83
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.92)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-127,530,000.00
• Net Margins: -7.15%
• Pretax Margin: -6.49%
• Return on Equity: N/A
• Return on Assets: -3.58%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.83
• Quick Ratio: 1.83

Sales & Book Value

• Annual Sales: $630.04 million
• Price / Sales: 8.10
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.92) per share
• Price / Book: -100.17

Miscellaneous

• Outstanding Shares: 55,390,000
• Free Float: 53,253,000
• Market Cap: $5.10 billion
• Optionable: Optionable
• Beta: 1.05