That decrease comes after releasing its earnings report for the first quarter of 2021. While the company did beat estimates, other factors were keeping it down. That includes a mixed outlook and the unexpected departure of CFO Mike Kourey. Workday (NASDAQ: WDAY) joins the list with shares of its stock down 2.2% as of this writing.
Full Answer
Is Wday a good stock to buy?
Out of 23 analysts, 14 (60.87%) are recommending WDAY as a Strong Buy, 6 (26.09%) are recommending WDAY as a Buy, 3 (13.04%) are recommending WDAY as a Hold, 0 (0%) are recommending WDAY as a Sell, and 0 (0%) are recommending WDAY as a Strong Sell.
Why is Workday stock low?
Shares in Workday (WDAY) fell Friday on April-quarter earnings that missed estimates while revenue edged by views. The enterprise software maker's outlook for WDAY stock came in slightly above expectations.
Is workday a profitable company?
Workday has announced results for Q4 2022 and full year ended 31 January 2022, revealing an operating loss of $101m on the quarter and an overall loss of $116.5m for the year.
Is workday a buy right now?
Workday has received a consensus rating of Moderate Buy. The company's average rating score is 2.86, and is based on 25 buy ratings, 4 hold ratings, and no sell ratings.
Is workday a good company to work for?
93% of employees at Workday say it is a great place to work compared to 57% of employees at a typical U.S.-based company. Source: Great Place to Work® 2021 Global Employee Engagement Study.
Is Workday growing?
Workday's Growth Will Continue Despite the pandemic and lots of changes in the tech landscape, the company is doing very well. With a 22% subscription growth rate and nearly $5 Billion in annual revenue, Aneel Bhusri believes Workday will hit $10 Billion in revenue within the next four years.
What does Workday do?
Workday is a cloud-based software vendor that specializes in human capital management and financial management applications.
Is Workday subscription based?
The total cost of Workday subscription involves Licensing Cost, Renewal Cost and other additional costs. Core Human Capital Management - supports an organization in organizing, staffing, paying, and developing its global workforce.
Stock Market Uncertainty on Oil and Fed Policy
The price of oil is central to the impact of Russia’s war since crude prices drive up inflation and slow down the economy. What happens with the price of oil will also have a big impact on whether the Fed pursues aggressive interest rates hikes starting at the upcoming March FOMC meeting.
Global Leaders Talk Sanctions on Russia, NATO on High Alert
U.K. Prime Minister Boris Johnson wasted little time this morning saying that his government would impose its “largest ever” economic sanctions on Russia, including freezing the assets of all major Russian banks, limiting cash held by Russian nationals in U.K. banks and sanctioning more than 100 individuals and entities.
CPI Inflation Flashed Warning Signs for the Fed
The recent January CPI report indicated that prices rose 7.5% in January year over year, registering the highest annualized growth in CPI inflation since February 1982.