Equities analysts predict that Workday Inc (NYSE:WDAY) will announce earnings per share (EPS) of $0.15 for the current quarter, Zacks Investment Research reports. Thirty Seven analysts have issued estimates for Workday’s earnings, with the lowest EPS estimate coming in at $0.10 and the highest estimate coming in at $0.21. Workday reported earnings per share of $0.03 in the same quarter last year, which would indicate a positive year over year growth rate of 400%. The business is expected to report its next earnings report on Thursday, December 7th.

According to Zacks, analysts expect that Workday will report full-year earnings of $0.83 per share for the current year, with EPS estimates ranging from $0.73 to $0.94. For the next fiscal year, analysts anticipate that the company will report earnings of $1.11 per share, with EPS estimates ranging from $0.71 to $1.60. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research firms that that provide coverage for Workday.

Workday (NYSE:WDAY) last posted its quarterly earnings data on Wednesday, August 30th. The software maker reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.09. The company had revenue of $525.30 million for the quarter, compared to analyst estimates of $507.44 million. Workday had a negative return on equity of 24.60% and a negative net margin of 15.71%. The business’s revenue was up 40.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.04) earnings per share.

Several equities analysts have recently issued reports on WDAY shares. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 price target on shares of Workday in a research note on Friday, October 6th. FBN Securities raised Workday from a “sector perform” rating to an “outperform” rating and upped their price target for the company from $115.00 to $125.00 in a research note on Wednesday, October 11th. Cowen and Company reaffirmed a “market perform” rating and set a $100.00 price target on shares of Workday in a research note on Saturday, October 14th. Guggenheim started coverage on Workday in a research note on Monday, October 30th. They set a “neutral” rating and a $105.00 price target on the stock. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Workday in a research note on Friday, October 6th. Five research analysts have rated the stock with a sell rating, twenty-two have issued a hold rating and fifteen have issued a buy rating to the company. Workday currently has an average rating of “Hold” and an average target price of $99.53.

Workday (NYSE WDAY) traded up $1.16 during trading on Friday, reaching $107.31. The company’s stock had a trading volume of 1,181,600 shares, compared to its average volume of 1,577,982. The company has a current ratio of 1.54, a quick ratio of 1.54 and a debt-to-equity ratio of 0.16. Workday has a one year low of $65.79 and a one year high of $111.94.

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In other news, insider Mark S. Peek sold 10,249 shares of the firm’s stock in a transaction that occurred on Tuesday, August 15th. The stock was sold at an average price of $102.00, for a total value of $1,045,398.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO James Bozzini sold 13,700 shares of the firm’s stock in a transaction that occurred on Wednesday, September 27th. The shares were sold at an average price of $99.99, for a total value of $1,369,863.00. The disclosure for this sale can be found here. Insiders have sold 1,575,678 shares of company stock valued at $170,655,114 over the last three months. Insiders own 37.71% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in WDAY. Prudential Financial Inc. lifted its position in shares of Workday by 18.2% in the first quarter. Prudential Financial Inc. now owns 4,030 shares of the software maker’s stock valued at $336,000 after buying an additional 620 shares during the last quarter. Teachers Advisors LLC lifted its position in shares of Workday by 3.2% in the first quarter. Teachers Advisors LLC now owns 174,354 shares of the software maker’s stock valued at $14,520,000 after buying an additional 5,373 shares during the last quarter. Schwab Charles Investment Management Inc. lifted its position in shares of Workday by 6.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 183,437 shares of the software maker’s stock valued at $15,277,000 after buying an additional 10,312 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Workday by 6.7% in the first quarter. AQR Capital Management LLC now owns 63,414 shares of the software maker’s stock valued at $5,281,000 after buying an additional 4,005 shares during the last quarter. Finally, Tudor Investment Corp ET AL acquired a new stake in shares of Workday in the first quarter valued at approximately $217,000. 67.08% of the stock is owned by institutional investors.

About Workday

Workday, Inc is a provider of enterprise cloud applications for finance and human resources. The Company delivers financial management, human capital management and analytics applications designed for various companies, educational institutions and government agencies. As part of its applications, the Company provides embedded analytics that capture the content and context of everyday business events, facilitating informed decision-making from wherever users are working.

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