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Here's Why Workday (WDAY) Fell More Than Broader Market
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In the latest trading session, Workday (WDAY - Free Report) closed at $140.02, marking a -1.83% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.54%, while the tech-heavy Nasdaq lost 0.31%.
Prior to today's trading, shares of the maker of human resources software had lost 22.23% lagged the Computer and Technology sector's loss of 3.36% and the S&P 500's loss of 0.76%.
The upcoming earnings release of Workday will be of great interest to investors. The company's earnings report is expected on February 24, 2026. The company is forecasted to report an EPS of $2.3, showcasing a 19.79% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $2.52 billion, reflecting a 14.11% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.07 per share and a revenue of $9.54 billion, indicating changes of +24.25% and +12.99%, respectively, from the former year.
Any recent changes to analyst estimates for Workday should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.15% rise in the Zacks Consensus EPS estimate. Workday presently features a Zacks Rank of #2 (Buy).
Investors should also note Workday's current valuation metrics, including its Forward P/E ratio of 13.49. This denotes a discount relative to the industry average Forward P/E of 19.62.
We can also see that WDAY currently has a PEG ratio of 0.62. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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Here's Why Workday (WDAY) Fell More Than Broader Market
In the latest trading session, Workday (WDAY - Free Report) closed at $140.02, marking a -1.83% move from the previous day. The stock's change was less than the S&P 500's daily loss of 0.28%. Elsewhere, the Dow lost 0.54%, while the tech-heavy Nasdaq lost 0.31%.
Prior to today's trading, shares of the maker of human resources software had lost 22.23% lagged the Computer and Technology sector's loss of 3.36% and the S&P 500's loss of 0.76%.
The upcoming earnings release of Workday will be of great interest to investors. The company's earnings report is expected on February 24, 2026. The company is forecasted to report an EPS of $2.3, showcasing a 19.79% upward movement from the corresponding quarter of the prior year. At the same time, our most recent consensus estimate is projecting a revenue of $2.52 billion, reflecting a 14.11% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $9.07 per share and a revenue of $9.54 billion, indicating changes of +24.25% and +12.99%, respectively, from the former year.
Any recent changes to analyst estimates for Workday should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been a 0.15% rise in the Zacks Consensus EPS estimate. Workday presently features a Zacks Rank of #2 (Buy).
Investors should also note Workday's current valuation metrics, including its Forward P/E ratio of 13.49. This denotes a discount relative to the industry average Forward P/E of 19.62.
We can also see that WDAY currently has a PEG ratio of 0.62. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Software was holding an average PEG ratio of 1.1 at yesterday's closing price.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 88, placing it within the top 36% of over 250 industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.