Is Workiva Stock a Good Investment?
Workiva Investment Advice | WK |
- Examine Workiva's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Workiva's leadership team and their track record. Good management can help Workiva navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Application Software space and any emerging trends that could impact Workiva's business and its evolving consumer preferences.
- Compare Workiva's performance and market position to its competitors. Analyze how Workiva is positioned in terms of product offerings, innovation, and market share.
- Check if Workiva pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Workiva's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Workiva stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Workiva is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Good | Details | |
Volatility | Very steady | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Workiva Stock
Researching Workiva's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 93.0% of the company outstanding shares are owned by institutional investors. The company recorded a loss per share of 0.92. Workiva had not issued any dividends in recent years.
To determine if Workiva is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Workiva's research are outlined below:
| The company generated the yearly revenue of 630.04 M. Annual Net Loss to common stockholders was (127.53 M) with gross profit of 407.99 M. | |
| Workiva has a poor financial position based on the latest SEC disclosures | |
| Over 93.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from investors.com: Workiva Cl A Earns RS Rating Upgrade |
Workiva Quarterly Accounts Payable |
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Workiva uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Workiva. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Workiva's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 20th of February 2024 Upcoming Quarterly Report | View | |
| 7th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 20th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Workiva's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Workiva's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2024-08-01 | 2024-06-30 | 0.18 | 0.16 | -0.02 | 11 | ||
2018-02-22 | 2017-12-31 | -0.22 | -0.19 | 0.03 | 13 | ||
2015-08-05 | 2015-06-30 | -0.24 | -0.21 | 0.03 | 12 | ||
2021-05-04 | 2021-03-31 | 0.07 | 0.12 | 0.05 | 71 | ||
2019-11-06 | 2019-09-30 | -0.17 | -0.12 | 0.05 | 29 | ||
2019-05-01 | 2019-03-31 | -0.04 | 0.01 | 0.05 | 125 | ||
2015-05-05 | 2015-03-31 | -0.18 | -0.13 | 0.05 | 27 | ||
2024-05-02 | 2024-03-31 | 0.16 | 0.22 | 0.06 | 37 |
Know Workiva's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Workiva is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Workiva backward and forwards among themselves. Workiva's institutional investor refers to the entity that pools money to purchase Workiva's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Brown Capital Management, Llc | 2024-09-30 | 913.7 K | Mairs & Power Inc | 2024-09-30 | 835.1 K | First Trust Advisors L.p. | 2024-06-30 | 818.6 K | Brown Advisory Holdings Inc | 2024-09-30 | 647.3 K | Loomis, Sayles & Company Lp | 2024-06-30 | 641.6 K | Artisan Partners Limited Partnership | 2024-09-30 | 618.5 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 587.2 K | Northern Trust Corp | 2024-09-30 | 557.8 K | Ranger Investment Management Lp | 2024-09-30 | 502 K | Vanguard Group Inc | 2024-09-30 | 5.7 M | Blackrock Inc | 2024-06-30 | 4.2 M |
Workiva's market capitalization trends
The company currently falls under 'Mid-Cap' category with a market capitalization of 5.3 B.Market Cap |
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Workiva's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.12) | (0.12) | |
| Return On Capital Employed | (0.13) | (0.14) | |
| Return On Assets | (0.10) | (0.11) | |
| Return On Equity | 1.43 | 0.89 |
Determining Workiva's profitability involves analyzing its financial statements and using various financial metrics to determine if Workiva is a good buy. For example, gross profit margin measures Workiva's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Workiva's profitability and make more informed investment decisions.
Evaluate Workiva's management efficiency
Workiva has Return on Asset (ROA) of (0.0238) % which means that for every 100 dollars spent on asset, it generated a loss of $0.0238. This is way below average. Likewise, it shows a return on total equity (ROE) of (27.6253) %, which implies that it produced no returns to current stockholders. Workiva's management efficiency ratios could be used to measure how well Workiva manages its routine affairs as well as how well it operates its assets and liabilities. The value of Return On Tangible Assets is estimated to slide to -0.12. The value of Return On Capital Employed is expected to slide to -0.14. At this time, Workiva's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Total is expected to rise to about 864.9 M this year, although the value of Total Current Liabilities will most likely fall to about 246.9 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | (1.65) | (1.57) | |
| Tangible Book Value Per Share | (4.15) | (3.94) | |
| Enterprise Value Over EBITDA | (101.65) | (106.73) | |
| Price Book Value Ratio | (61.45) | (58.37) | |
| Enterprise Value Multiple | (101.65) | (106.73) | |
| Price Fair Value | (61.45) | (58.37) | |
| Enterprise Value | 6 B | 6.3 B |
Understanding the management dynamics of Workiva allows us to gauge its ability to sustain growth and profitability. This comprehensive analysis aids in determining the stock's value.
Beta 1.05 |
Basic technical analysis of Workiva Stock
As of the 25th of November, Workiva maintains the Market Risk Adjusted Performance of 0.2051, mean deviation of 1.56, and Downside Deviation of 1.75. Relative to fundamental indicators, the technical analysis model lets you check existing technical drivers of Workiva, as well as the relationship between them.Workiva's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Workiva insiders, such as employees or executives, is commonly permitted as long as it does not rely on Workiva's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Workiva insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Workiva's Outstanding Corporate Bonds
Workiva issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Workiva uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Workiva bonds can be classified according to their maturity, which is the date when Workiva has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| WDAY 38 01 APR 32 Corp BondUS98138HAJ05 | View | |
| WDAY 37 01 APR 29 Corp BondUS98138HAH49 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View | |
| MGM Resorts International Corp BondUS552953CD18 | View | |
| AerCap Global Aviation Corp BondUS00773HAA59 | View |
Understand Workiva's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Workiva's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.1355 | |||
| Market Risk Adjusted Performance | 0.2051 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.45 | |||
| Downside Deviation | 1.75 | |||
| Coefficient Of Variation | 592.91 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.05 | |||
| Information Ratio | 0.1037 | |||
| Jensen Alpha | 0.1256 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.1196 | |||
| Treynor Ratio | 0.1951 | |||
| Maximum Drawdown | 8.56 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.56 | |||
| Downside Variance | 3.05 | |||
| Semi Variance | 2.09 | |||
| Expected Short fall | (1.73) | |||
| Skewness | 0.4323 | |||
| Kurtosis | 0.6102 |
| Risk Adjusted Performance | 0.1355 | |||
| Market Risk Adjusted Performance | 0.2051 | |||
| Mean Deviation | 1.56 | |||
| Semi Deviation | 1.45 | |||
| Downside Deviation | 1.75 | |||
| Coefficient Of Variation | 592.91 | |||
| Standard Deviation | 2.01 | |||
| Variance | 4.05 | |||
| Information Ratio | 0.1037 | |||
| Jensen Alpha | 0.1256 | |||
| Total Risk Alpha | 0.0125 | |||
| Sortino Ratio | 0.1196 | |||
| Treynor Ratio | 0.1951 | |||
| Maximum Drawdown | 8.56 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 3.56 | |||
| Downside Variance | 3.05 | |||
| Semi Variance | 2.09 | |||
| Expected Short fall | (1.73) | |||
| Skewness | 0.4323 | |||
| Kurtosis | 0.6102 |
Consider Workiva's intraday indicators
Workiva intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Workiva stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Workiva Corporate Filings
F4 | 13th of November 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 12th of November 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
13A | 4th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
Workiva Stock media impact
Far too much social signal, news, headlines, and media speculation about Workiva that are available to investors today. That information is available publicly through Workiva media outlets and privately through word of mouth or via Workiva internal channels. However, regardless of the origin, that massive amount of Workiva data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Workiva news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Workiva relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Workiva's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Workiva alpha.
Workiva Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Workiva can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Workiva Historical Investor Sentiment
Investor biases related to Workiva's public news can be used to forecast risks associated with an investment in Workiva. The trend in average sentiment can be used to explain how an investor holding Workiva can time the market purely based on public headlines and social activities around Workiva. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Workiva's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Workiva and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Workiva news discussions. The higher the estimate score, the more favorable the investor's outlook on Workiva.
Workiva Corporate Directors
| Brigid Bonner | Independent Director | Profile | |
| Eugene Katz | Independent Director | Profile | |
| Suku Radia | Independent Director - Nominee | Profile | |
| Robert Herz | Independent Director | Profile |
Already Invested in Workiva?
The danger of trading Workiva is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Workiva is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Workiva. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Workiva is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Latest Portfolios module to quick portfolio dashboard that showcases your latest portfolios.
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.
In summary, please note that there is a difference between Workiva's value and its price, as these two are different measures arrived at by various 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.