Workiva (WK) Expected to Announce Quarterly Earnings on Tuesday

Workiva (NYSE:WK) is projected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Workiva to post earnings of $0.28 per share and revenue of $195.29 million for the quarter. Individual that are interested in participating in the company’s earnings conference call can do so using this link.

Workiva Stock Performance

Shares of NYSE WK opened at $89.12 on Tuesday. The stock has a market cap of $4.94 billion, a P/E ratio of -96.87 and a beta of 1.06. The firm has a 50 day moving average price of $105.14 and a 200 day moving average price of $90.31. Workiva has a 52-week low of $65.47 and a 52-week high of $116.83.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WK shares. BMO Capital Markets increased their target price on shares of Workiva from $96.00 to $104.00 and gave the stock an “outperform” rating in a report on Thursday, November 7th. Stifel Nicolaus raised shares of Workiva from a “hold” rating to a “buy” rating and raised their target price for the company from $102.00 to $130.00 in a report on Wednesday, December 18th. Robert W. Baird lifted their target price on shares of Workiva from $110.00 to $130.00 and gave the stock an “outperform” rating in a research report on Friday, December 13th. The Goldman Sachs Group lifted their target price on shares of Workiva from $120.00 to $133.00 and gave the stock a “buy” rating in a research report on Tuesday, January 14th. Finally, Citigroup boosted their price target on shares of Workiva from $116.00 to $128.00 and gave the stock a “buy” rating in a research report on Monday, December 16th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $122.14.

About Workiva

Workiva Inc, together with its subsidiaries, provides cloud-based reporting solutions in the United States and internationally. The company offers Workiva platform, a multi-tenant cloud software that provides data linking capabilities; audit trail services; administrators access management; and allows customers to connect data from multiple enterprise resource planning, human capital management, and customer relationship management systems, as well as other third-party cloud and on-premise applications.