Workiva (WK) to Release Earnings on Tuesday

Workiva (NYSE:WK) is expected to be posting its quarterly earnings results 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. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Workiva Price Performance

WK stock opened at $84.52 on Monday. Workiva has a 1-year low of $65.47 and a 1-year high of $116.83. The business has a fifty day moving average price of $103.78 and a 200-day moving average price of $90.73. The stock has a market capitalization of $4.68 billion, a P/E ratio of -91.87 and a beta of 1.06.

Analyst Ratings Changes

WK has been the subject of a number of research reports. BMO Capital Markets upped their price objective on Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a research report on Thursday, November 7th. The Goldman Sachs Group upped their price target on Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Raymond James upgraded Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price target for the company in a research report on Friday, January 3rd. Citigroup upped their price target on Workiva from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. Finally, Stifel Nicolaus upgraded Workiva from a “hold” rating to a “buy” rating and upped their price target for the stock from $102.00 to $130.00 in a research report on Wednesday, December 18th. One analyst has rated the stock with a hold rating and eight have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $122.14.

Workiva Company Profile

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.