Workiva Inc. Class A Common Sto (NYSE:WK):
Workiva Helps Transform Government Information Into Open Data.
The company is so far trading up since yesterday’s close of $17.86.
It is currently trading at $18.05 marginally over $17.61, the stock’s 50 day moving average and just a bit higher than the 200 day moving average of $14.05. The 50 day moving average went up by +2.5947% and the 200 day average moved up $4.02.
In the last earnings report the EPS was $-1.20 and is estimated to be $-0.98 for the current year with 41,058,000 shares now outstanding. Next quarter’s EPS is estimated at $-0.22 with next year’s EPS projected to be $-0.78.
Several brokerage analysts have issued ratings on WK recently. September 8 investment analysts at Raymond James left the company rating at “Outperform” and raised the price target to $21.00 from $17.50. On February 29 Northland Securities kept the company rating at “Outperform” and lowered the price expectation from $25.00 to $18.00.
February 24 investment analysts at Baird maintained a company rating of “Outperform” but lowered the price target from $19.00 to $15.00. On November 16 Baird made no change to the stock rating of “Outperform” and moved up the price target from $17.00 to $19.00.
Equity analyst Northland Securities initiated coverage with a rating of “Outperform” and projecting a price target of $18.00. Baird began coverage of WK by announcing an initial rating of “Outperform” and setting a price target of $17.00.