Workiva (WK) Projected to Post 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 wish to listen to the company’s earnings conference call can do so using this link.

Workiva Stock Down 2.3 %

WK stock opened at $84.52 on Friday. The business’s fifty day simple moving average is $103.78 and its two-hundred day simple moving average is $90.60. Workiva has a twelve month low of $65.47 and a twelve month high of $116.83. The firm has a market cap of $4.68 billion, a price-to-earnings ratio of -91.87 and a beta of 1.06.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. 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. Robert W. Baird lifted their price target on Workiva from $110.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, December 13th. The Goldman Sachs Group boosted their price objective on Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a research note on Tuesday, January 14th. Citigroup boosted their price objective on Workiva from $116.00 to $128.00 and gave the stock a “buy” rating in a research note on Monday, December 16th. Finally, BMO Capital Markets boosted their price objective on Workiva from $96.00 to $104.00 and gave the company an “outperform” rating in a report on Thursday, November 7th. One equities research analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price 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.