Workday Stock Buy Hold or Sell Recommendation

WDAY
 Stock
  

USD 170.27  3.84  2.31%   

Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Workday is 'Strong Hold'. Macroaxis provides Workday buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding Workday positions. The advice algorithm takes into account all of Workday's available fundamental, technical, and predictive indicators you will find on this site.
  
The advice is provided from Workday's buy-and-hold perspective. Check out Workday Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as Workday and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards Workday.

Execute Workday Buy or Sell Advice

The Workday recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Workday. Macroaxis does not own or have any residual interests in Workday or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Workday's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell WorkdayBuy Workday
Strong Hold

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

LowDetails

Economic Sensitivity

Actively responds to the marketDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon Workday has a Risk Adjusted Performance of (0.07), Jensen Alpha of (0.18), Total Risk Alpha of (0.17) and Treynor Ratio of (0.12)
Macroaxis provides trade recommendation on Workday to complement and cross-verify current analyst consensus on Workday. Our trade advice engine determines the company's potential to grow exclusively from the perspective of an investor's current risk tolerance and investing horizon. To make sure Workday is not overpriced, please check out all Workday fundamentals, including its cash flow from operations, and the relationship between the cash and equivalents and market capitalization . Given that Workday has a number of shares shorted of 8.81 M, we strongly advise you to confirm Workday market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevalent risk tolerance and investing horizon.

Workday Trading Alerts and Improvement Suggestions

Workday generated a negative expected return over the last 90 days
Workday has high historical volatility and very poor performance
The company reported the previous year's revenue of 5.4 B. Net Loss for the year was (26.28 M) with profit before overhead, payroll, taxes, and interest of 3.71 B.
Over 92.0% of the company outstanding shares are owned by institutional investors
Latest headline from www.gurufocus.com: SEVEN EIGHT CAPITAL, LP Buys 2, Sells 3 in 2nd Quarter - GuruFocus.com

Workday current analysts advice

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Workday analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Workday analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Mean Price222.28
Target Median Price215.00
Target High Price355.00
Recommendation Mean1.80
Number Of Analyst Opinions32
Target Low Price160.00
Average Consensus Buy
The consensus estimates and target price estimation comprises individual analyst assessments, and may or may not mutch the Macroaxis buy or sell advice. It is determined by taking an average of all analyst recommendations and classifying them as Strong Buy, Buy, Hold, or Sell.

Workday Returns Distribution Density

The distribution of Workday's historical returns is an attempt to chart the future uncertainty of Workday's future price movements. The chart of the probability distribution of Workday stock daily returns describes the distribution of returns around its average expected value. We use Workday price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Workday returns is essential to provide solid investment advice for Workday stock.
Mean Return-0.19Value At Risk-5.57
Potential Upside6.03Standard Deviation3.29
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Workday historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

Workday Cash Flow Accounts

201720182019202020212022 (projected)
Net Cash Flow from Financing1.11 B(256.71 M)125.12 M625.05 M110.25 M57.86 M
Net Cash Flow from Investing(978.98 M)(842.78 M)(896.92 M)(1.24 B)(1.61 B)(839.61 M)
Net Cash Flow from Operations465.73 M606.66 M864.6 M1.27 B1.65 B860.72 M

Workday Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Workday or Technology sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Workday stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Workday stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
-0.18
β
Beta against DOW1.63
σ
Overall volatility
3.15
Ir
Information ratio -0.06

Workday Volatility Alert

Workday exhibits very low volatility with skewness of 0.2 and kurtosis of -0.11. However, we advise investors to further study Workday technical indicators to make sure all market info is available and is reliable. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Workday's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact Workday's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

Workday Implied Volatility

Workday's implied volatility" href="/stock-options/WDAY/Workday">Workday's implied volatility exposes the market's sentiment of Workday stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Workday's implied volatility" href="/stock-options/WDAY/Workday">Workday's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Workday stock will not fluctuate a lot when Workday's options" href="/stock-options/WDAY/Workday">Workday's options are near their expiration.

Workday Fundamentals Vs Peers

Comparing Workday's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Workday's direct or indirect competition across all of the common fundamentals between Workday and the related equities. This way, we can detect undervalued stocks with similar characteristics as Workday or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Workday's fundamental indicators could also be used in its relative valuation, which is a method of valuing Workday by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare Workday to competition
FundamentalsWorkdayPeer Average
Return On Equity(0.64) %(0.31) %
Return On Asset(0.88) %(0.14) %
Profit Margin(0.49) %(1.27) %
Operating Margin(2.80) %(5.51) %
Current Valuation37.52 B16.62 B
Shares Outstanding193 M571.82 M
Shares Owned by Insiders0.87 %10.09 %
Shares Owned by Institutions91.99 %39.21 %
Number of Shares Shorted8.81 M4.71 M
Price to Book9.59 X9.51 X
Price to Sales7.49 X11.42 X
Revenue5.4 B9.43 B
Gross Profit3.71 B27.38 B
EBITDA200.13 M3.9 B
Net Income(26.28 M)570.98 M
Cash and Equivalents6.26 B2.7 B
Cash per Share24.63 X5.01 X
Total Debt4.38 B5.32 B
Debt to Equity0.92 %48.70 %
Current Ratio1.56 X2.16 X
Book Value Per Share16.86 X1.93 K
Cash Flow from Operations1.64 B971.22 M
Short Ratio2.75 X4.00 X
Earnings Per Share0.12 X3.12 X
Price to Earnings To Growth2.94 X4.89 X
Number of Employees15.2 K18.84 K
Beta1.39-0.15
Market Capitalization40.43 B19.03 B
Total Asset2.73 B29.47 B
Retained Earnings(244.06 M)9.33 B
Working Capital1.44 B1.48 B
Current Asset2.36 B9.34 B
Current Liabilities922.68 M7.9 B
   Sale by Larson Barbara A of 1962 shares of Workday [view details]

Workday Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Workday . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution3776.69
Daily Balance Of Power1.259016
Rate Of Daily Change1.02
Day Median Price171.27
Day Typical Price170.93
Market Facilitation Index0.0
Price Action Indicator0.93

About Workday Buy or Sell Advice

When is the right time to buy or sell Workday? Buying financial instruments such as Workday Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although Workday investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Accounts Payable57.56 M75.6 M55.49 M29.81 M
Receivables877.58 M1.03 B1.24 B665.22 M

Use Investing Ideas to Build Portfolios

In addition to having Workday in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Raw Materials Thematic Idea Now

Raw Materials
Raw Materials Theme
Companies that are involved with the development and processing of raw materials such as silver or forestry. The Raw Materials theme has 11 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Raw Materials Theme or any other thematic opportunities.
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Check out Workday Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the Workday information on this page should be used as a complementary analysis to other Workday's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.

Complementary Tools for Workday Stock analysis

When running Workday price analysis, check to measure Workday's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Workday is operating at the current time. Most of Workday's value examination focuses on studying past and present price action to predict the probability of Workday's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Workday's price. Additionally, you may evaluate how the addition of Workday to your portfolios can decrease your overall portfolio volatility.
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Is Workday's industry 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 Workday. If investors know Workday 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 Workday listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
42.3 B
Quarterly Revenue Growth YOY
0.22
Return On Assets
-0.0088
Return On Equity
-0.0064
The market value of Workday is measured differently than its book value, which is the value of Workday that is recorded on the company's balance sheet. Investors also form their own opinion of Workday's value that differs from its market value or its book value, called intrinsic value, which is Workday'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 Workday's market value can be influenced by many factors that don't directly affect Workday'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 Workday's value and its price as these two are different measures arrived at by different means. Investors typically determine Workday value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Workday'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.