Workiva Inc. Class A Common Sto (NYSE:WK):
Chartis Names Workiva a Leader in FinTech Quadrantâ¢ for Data Integrity and Control.
The company is so far trading up by 0.62% since yesterday’s close of $16.05.
Company chares are trading at $16.15 just below $17.53, the stock’s 50 day moving average and which is just a bit higher than the 200 day moving average of $14.93. The 50 day moving average went down by -7.87% and the 200 day average went up by +8.15%.
In the latest earnings report the EPS was $-1.20 and is projected to be $-0.98 for the current year with 41,058,000 shares currently outstanding. Next quarter’s EPS is forecasted at $-0.22 with next year’s EPS anticipated to be $-0.78.
A few Wall Street analysts have released ratings on WK of late. September 8 investment analysts at Raymond James kept the company rating at “Outperform” and raised the price target from $17.50 to $21.00. On February 29 Northland Securities made no change to the company rating of “Outperform” but lowered the price expectation to $18.00 from $25.00.
On February 24 Baird held the company rating at “Outperform” but moved down the price target to $15.00 from $19.00. On November 16 Baird made no change to the stock rating of “Outperform” but raised the price target to $19.00 from $17.00.
On July 15, 2015 Northland Securities added WK to its research portfolio giving it an initial rating of “Outperform” and setting a price target of $18.00. Equity analyst Morgan Stanley starting coverage on the stock by announcing an initial rating of “Overweight” and projecting a price target of $20.00.