Workiva Stock Price on December 2, 2024
| WK Stock | USD 103.01 0.69 0.67% |
Below is the normalized historical share price chart for Workiva extending back to December 12, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Workiva stands at 103.01, as last reported on the 11th of December 2024, with the highest price reaching 103.51 and the lowest price hitting 101.19 during the day.
If you're considering investing in Workiva Stock, it is important to understand the factors that can impact its price. Workiva appears to be very steady, given 3 months investment horizon. Workiva shows Sharpe Ratio of 0.32, which attests that the company had a 0.32% return per unit of risk over the last 3 months. By examining Workiva's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please utilize Workiva's Mean Deviation of 1.48, downside deviation of 1.54, and Market Risk Adjusted Performance of 0.3316 to validate if our risk estimates are consistent with your expectations.
At this time, Workiva's Common Stock Total Equity is quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 1.3 B this year, although the value of Other Stockholder Equity will most likely fall to about 338 M. . At this time, Workiva's Price To Sales Ratio is quite stable compared to the past year. Price To Free Cash Flows Ratio is expected to rise to 91.56 this year, although the value of Price Earnings To Growth Ratio is projected to rise to (1.10). Workiva Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 12th of December 2014 | 200 Day MA 80.2104 | 50 Day MA 86.4272 | Beta 1.05 |
Workiva |
Sharpe Ratio = 0.3229
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Estimated Market Risk
| 1.89 actual daily | 16 84% of assets are more volatile |
Expected Return
| 0.61 actual daily | 12 88% of assets have higher returns |
Risk-Adjusted Return
| 0.32 actual daily | 25 75% of assets perform better |
Based on monthly moving average Workiva is performing at about 25% of its full potential. 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 Workiva by adding it to a well-diversified portfolio.
Price Book 453.6189 | Enterprise Value Ebitda (80.36) | Price Sales 8.0341 | Shares Float 49.3 M | Wall Street Target Price 106.375 |
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Workiva Valuation on December 2, 2024
It is possible to determine the worth of Workiva on a given historical date. On December 2, 2024 Workiva was worth 97.18 at the beginning of the trading date compared to the closed value of 98.1. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Workiva stock. Still, in general, we apply an absolute valuation method to find Workiva's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Workiva where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Workiva's related companies.
| Open | High | Low | Close | Volume | |
| 97.69 | 97.90 | 96.38 | 97.25 | 211,659 | |
12/02/2024 | 97.18 | 98.43 | 96.37 | 98.10 | 258,536 |
| 97.37 | 98.72 | 97.29 | 98.21 | 414,919 |
| Backtest Workiva | | | Workiva History | | | Workiva Valuation | Previous | Next |
Workiva Trading Date Momentum on December 2, 2024
| On December 03 2024 Workiva was traded for 98.21 at the closing time. The highest price during the trading period was 98.72 and the lowest recorded bid was listed for 97.29 . The volume for the day was 414.9 K. This history from December 3, 2024 contributed to the next trading day price upswing. The trading price change to the next closing price was 0.11% . The trading price change to the current price is 3.56% . |
Workiva Fundamentals Correlations and Trends
By evaluating Workiva's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Workiva's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Workiva financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Workiva Stock history
Workiva investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Workiva is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Workiva will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Workiva stock prices may prove useful in developing a viable investing in Workiva
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 54.1 M | 46.3 M | |
| Net Loss | -81.9 M | -77.8 M |
Workiva Quarterly Net Working Capital |
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Workiva Stock Technical Analysis
Workiva technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Workiva Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
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Workiva December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Workiva stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Workiva shares will generate the highest return on investment. By undertsting and applying Workiva stock market strength indicators, traders can identify Workiva entry and exit signals to maximize returns
Workiva Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Workiva's price direction in advance. Along with the technical and fundamental analysis of Workiva Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Workiva to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.2075 | |||
| Jensen Alpha | 0.3373 | |||
| Total Risk Alpha | 0.2203 | |||
| Sortino Ratio | 0.2659 | |||
| Treynor Ratio | 0.3216 |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Workiva. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For more information on how to buy Workiva Stock please use our How to buy in Workiva Stock guide.You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Application Software space 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 Workiva. If investors know Workiva 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 Workiva listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.92) | Revenue Per Share 12.82 | Quarterly Revenue Growth 0.174 | Return On Assets (0.02) | Return On Equity (27.63) |
The market value of Workiva is measured differently than its book value, which is the value of Workiva that is recorded on the company's balance sheet. Investors also form their own opinion of Workiva's value that differs from its market value or its book value, called intrinsic value, which is Workiva'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 Workiva's market value can be influenced by many factors that don't directly affect Workiva'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 Workiva's value and its price as these two are different measures arrived at by different means. Investors typically determine if Workiva is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workiva'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.