Workiva (WK) to Release Earnings on Tuesday

Workiva (NYSE:WK) is expected to post 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 interested in registering for the company’s earnings conference call can do so using this link.

Workiva Stock Down 2.3 %

WK opened at $84.52 on Monday. The stock’s fifty day moving average is $103.78 and its two-hundred day moving average is $90.73. The company has a market capitalization of $4.68 billion, a P/E ratio of -91.87 and a beta of 1.06. Workiva has a 52 week low of $65.47 and a 52 week high of $116.83.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Citigroup raised their price objective 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 raised their price objective on Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a report on Tuesday, January 14th. Raymond James upgraded Workiva from a “market perform” rating to an “outperform” rating and set a $135.00 price objective on the stock in a report on Friday, January 3rd. BMO Capital Markets raised their price objective on Workiva from $96.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Finally, Robert W. Baird increased their target price on Workiva from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, December 13th. One analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. According to MarketBeat, the stock 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.