Workday Stock Performance
| WDAY Stock | USD 257.02 0.67 0.26% |
The firm maintains a market beta of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Workday's returns are expected to increase less than the market. However, during the bear market, the loss of holding Workday is expected to be smaller as well. Workday has an expected return of -0.16%. Please make sure to check out Workday value at risk and rate of daily change , to decide if Workday performance from the past will be repeated at some point in the near future.
Risk-Adjusted Performance
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Over the last 90 days Workday has generated negative risk-adjusted returns adding no value to investors with long positions. In spite of latest uncertain performance, the Stock's basic indicators remain strong and the current disturbance on Wall Street may also be a sign of long term gains for the company investors. ...more
Actual Historical Performance (%)
One Day Return (0.26) | Five Day Return (3.15) | Year To Date Return (4.20) | Ten Year Return 222.08 | All Time Return 399.07 |
1 | Workday Stock Rating Upgraded by StockNews.com | 03/04/2024 |
2 | Jacobs Levy Equity Management Inc. Has 28.11 Million Stake in Workday, Inc. | 03/11/2024 |
3 | Keysight Partners NVIDIA to Boost AI Native 6G Research | 03/20/2024 |
4 | Disposition of 11376 shares by David Duffield of Workday at 272.5703 subject to Rule 16b-3 | 04/01/2024 |
5 | Disposition of 13675 shares by David Duffield of Workday at 270.8498 subject to Rule 16b-3 | 04/03/2024 |
6 | Disposition of 1674 shares by Carl Eschenbach of Workday at 269.08 subject to Rule 16b-3 | 04/05/2024 |
7 | Disposition of 2007 shares by David Duffield of Workday at 269.8372 subject to Rule 16b-3 | 04/08/2024 |
8 | Workday Laps the Stock Market Heres Why | 04/09/2024 |
9 | Workday co-president sells over 4 million in company stock | 04/10/2024 |
10 | Disposition of 230 shares by David Duffield of Workday at 267.4287 subject to Rule 16b-3 | 04/12/2024 |
11 | Prominent venture capital firm bids D.C.-area office goodbye as focus shifts | 04/17/2024 |
| Begin Period Cash Flow | 1.9 B |
Workday |
Workday Relative Risk vs. Return Landscape
If you would invest 28,568 in Workday on January 18, 2024 and sell it today you would lose (2,866) from holding Workday or give up 10.03% of portfolio value over 90 days. Workday is currently does not generate positive expected returns and assumes 1.4786% risk (volatility on return distribution) over the 90 days horizon. In different words, 13% of stocks are less volatile than Workday, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
Workday Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Workday's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Workday, and traders can use it to determine the average amount a Workday's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.106
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| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | WDAY |
Estimated Market Risk
| 1.48 actual daily | 13 87% of assets are more volatile |
Expected Return
| -0.16 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Workday is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Workday by adding Workday to a well-diversified portfolio.
Workday Fundamentals Growth
Workday Stock prices reflect investors' perceptions of the future prospects and financial health of Workday, and Workday fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Workday Stock performance.
| Return On Equity | 0.2 | ||||
| Return On Asset | 0.0076 | ||||
| Profit Margin | 0.19 % | ||||
| Operating Margin | 0.04 % | ||||
| Current Valuation | 64.03 B | ||||
| Shares Outstanding | 211 M | ||||
| Price To Book | 8.62 X | ||||
| Price To Sales | 9.60 X | ||||
| Revenue | 7.26 B | ||||
| Gross Profit | 4.5 B | ||||
| EBITDA | 465 M | ||||
| Net Income | 1.38 B | ||||
| Cash And Equivalents | 6.29 B | ||||
| Cash Per Share | 24.58 X | ||||
| Total Debt | 3.3 B | ||||
| Debt To Equity | 0.86 % | ||||
| Current Ratio | 1.61 X | ||||
| Book Value Per Share | 30.63 X | ||||
| Cash Flow From Operations | 2.15 B | ||||
| Earnings Per Share | 5.20 X | ||||
| Market Capitalization | 68.63 B | ||||
| Total Asset | 16.45 B | ||||
| Retained Earnings | (1.73 B) | ||||
| Working Capital | 4.88 B | ||||
| Current Asset | 2.36 B | ||||
| Current Liabilities | 922.68 M | ||||
About Workday Performance
To evaluate Workday Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Workday generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Workday Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Workday market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Workday's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 36.59 | 38.42 | |
| Return On Tangible Assets | 0.10 | (0.61) | |
| Return On Capital Employed | 0.02 | (1.92) | |
| Return On Assets | 0.08 | (0.56) | |
| Return On Equity | 0.17 | 0.58 |
Things to note about Workday performance evaluation
Checking the ongoing alerts about Workday for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Workday help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Workday generated a negative expected return over the last 90 days | |
| Workday has a poor financial position based on the latest SEC disclosures | |
| Over 92.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from bizjournals.com: Prominent venture capital firm bids D.C.-area office goodbye as focus shifts |
- Analyzing Workday's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Workday's stock is overvalued or undervalued compared to its peers.
- Examining Workday's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Workday's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Workday's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Workday's stock. These opinions can provide insight into Workday's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workday. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For more information on how to buy Workday Stock please use our How to Invest in Workday guide.Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
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When running Workday's price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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Is Workday's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Workday. If investors know Workday will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share 5.2 | Revenue Per Share 27.776 | Quarterly Revenue Growth 0.168 | Return On Assets 0.0076 | Return On Equity 0.2021 |
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Workday's market value can be influenced by many factors that don't directly affect Workday's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workday is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.