Workiva (WK) to Release Quarterly Earnings on Wednesday

Workiva (NYSE:WK) is scheduled to be issuing its quarterly earnings data after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.23 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Workiva Price Performance

WK opened at $81.05 on Tuesday. Workiva has a 12 month low of $65.47 and a 12 month high of $105.00. The business has a 50 day simple moving average of $77.86 and a 200-day simple moving average of $76.91. The stock has a market capitalization of $4.48 billion, a P/E ratio of -48.38 and a beta of 1.05.

Wall Street Analysts Forecast Growth

WK has been the topic of several analyst reports. StockNews.com cut Workiva from a “buy” rating to a “hold” rating in a report on Saturday, August 3rd. Northland Securities reduced their target price on shares of Workiva from $106.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Workiva presently has a consensus rating of “Moderate Buy” and an average price target of $95.00.

Insider Buying and Selling at Workiva

In other news, EVP Michael D. Hawkins sold 2,761 shares of the business’s stock in a transaction on Friday, September 13th. The stock was sold at an average price of $74.60, for a total value of $205,970.60. Following the sale, the executive vice president now owns 49,887 shares of the company’s stock, valued at approximately $3,721,570.20. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.86% of the stock is owned by company insiders.

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.