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Workday (WDAY) Increases Yet Falls Behind Market: What Investors Need to Know
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Workday (WDAY - Free Report) closed the most recent trading day at $191.16, moving +1.2% from the previous trading session. This change lagged the S&P 500's 1.31% gain on the day. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 1.6%.
Shares of the maker of human resources software witnessed a gain of 1.54% over the previous month, beating the performance of the Computer and Technology sector with its loss of 13.88%, and the S&P 500's loss of 3.66%.
Investors will be eagerly watching for the performance of Workday in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 24, 2026. In that report, analysts expect Workday to post earnings of $2.74 per share. This would mark year-over-year growth of 18.1%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.69 billion, up 10.6% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $11.12 per share and a revenue of $10.66 billion, demonstrating changes of +20.48% and +11.58%, respectively, from the preceding year.
Any recent changes to analyst estimates for Workday should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.21% lower. Workday is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Workday is currently being traded at a Forward P/E ratio of 16.99. This valuation marks a discount compared to its industry average Forward P/E of 20.38.
It's also important to note that WDAY currently trades at a PEG ratio of 0.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Software industry had an average PEG ratio of 1.29 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 80, putting it in the top 33% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.
View the Zacks #1 Rank List
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Workday (WDAY) Increases Yet Falls Behind Market: What Investors Need to Know
Workday (WDAY - Free Report) closed the most recent trading day at $191.16, moving +1.2% from the previous trading session. This change lagged the S&P 500's 1.31% gain on the day. Elsewhere, the Dow saw an upswing of 0.49%, while the tech-heavy Nasdaq appreciated by 1.6%.
Shares of the maker of human resources software witnessed a gain of 1.54% over the previous month, beating the performance of the Computer and Technology sector with its loss of 13.88%, and the S&P 500's loss of 3.66%.
Investors will be eagerly watching for the performance of Workday in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on November 24, 2026. In that report, analysts expect Workday to post earnings of $2.74 per share. This would mark year-over-year growth of 18.1%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.69 billion, up 10.6% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $11.12 per share and a revenue of $10.66 billion, demonstrating changes of +20.48% and +11.58%, respectively, from the preceding year.
Any recent changes to analyst estimates for Workday should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.21% lower. Workday is holding a Zacks Rank of #3 (Hold) right now.
With respect to valuation, Workday is currently being traded at a Forward P/E ratio of 16.99. This valuation marks a discount compared to its industry average Forward P/E of 20.38.
It's also important to note that WDAY currently trades at a PEG ratio of 0.91. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Software industry had an average PEG ratio of 1.29 as trading concluded yesterday.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 80, putting it in the top 33% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. 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.