From Nasdaq: 2024-05-17 18:15:03

Workday (WDAY) closed at $257.93, rising by 0.53%. The stock outperformed the S&P 500 and Dow but fell short of Nasdaq. Workday’s stock climbed 0.36% in the past month, below the Computer and Technology sector and S&P 500 gains.

Workday plans to release its earnings on May 23, 2024, with an estimated EPS of $1.57 and quarterly revenue of $1.97 billion. Analysts predict annual earnings of $6.59 per share and revenue of $8.39 billion. Workday currently holds a Zacks Rank of #5 (Strong Sell).

In terms of valuation, Workday has a Forward P/E ratio of 38.94, trading at a premium compared to the industry average. The company also has a PEG ratio of 1.71. The Internet – Software industry, to which Workday belongs, has a Zacks Industry Rank of 57, in the top 23% of all industries.

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Read more at Nasdaq: Workday (WDAY) Outperforms Broader Market: What You Need to Know