Quote & Headlines
Market Currents
StockTalk
Today
5d
1m
3m
1y
5y
10y
52wk high:
52wk low:
EPS:
PE:
Div Rate:
Yield:
Market Cap:
Volume:
1,983 people get WDAY articles and Market Currents by email alert.
Get email alerts on WDAY »
FOCUS
|
PRO
|
RELATED
|
TRANSCRIPTS
|
NEWS & PR
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Workday IPO Shows Entrepreneurs What MattersTechCrunch • Sun, Oct 14, 2012
-
To learn more about Seeking Alpha Pro, click here.
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Paychex Is A 3.9% Yield Dividend HeavyweightScott Eymer • Tue, Oct 16, 2012 -
-
Workday's Management Discusses F3Q 2013 Results - Earnings Call TranscriptWed, Nov 28, 2012 • 1 Comment
-
Marketwire (May 30, 2013)
-
Marketwire (May 22, 2013)
-
at MarketWatch.com (May 22, 2013)
-
at MarketWatch.com (May 22, 2013)
-
Marketwire (May 22, 2013)
-
at MarketWatch.com (May 15, 2013)
-
Marketwire (May 10, 2013)
-
Marketwire (Apr 25, 2013)
-
Marketwire (Mar 25, 2013)
-
Marketwire (Mar 15, 2013)
-
Marketwire (Mar 14, 2013)
-
at MarketWatch.com (Mar 7, 2013)
-
Marketwire (Mar 7, 2013)
-
Marketwire (Feb 11, 2013)
-
Marketwire (Jan 24, 2013)
-
at MarketWatch.com (Jan 8, 2013)
-
at MarketWatch.com (Dec 19, 2012)
WDAY vs. ETF Alternatives
Company Description
Workday is a leading provider of enterprise cloud-based applications for human capital management (HCM), payroll, financial management, time tracking, procurement and employee expense management. We achieved this leadership position through our innovative and adaptable technology, focus on the... More
- All
- | Earnings
- | Dividends
- | M&A
- | On the move
- Wednesday, November 28, 2012, 4:29 PM More on Workday's FQ3: Software subscription revenue +116% Y/Y to $51.6M (71% of total), expected to reach $56M-$58M in FQ4. Unearned revenue balance +64% Y/Y to $252.2M. Free cash flow was -$23.8M, nearly even with net loss. G&A expenses up over 6x Y/Y to $22.6M, sales/marketing and R&D expenses also up strongly. WDAY +5.3% AH. CC at 5PM ET (webcast). (PR) Comment! [Tech, Earnings]
- Wednesday, November 28, 2012, 4:20 PM Workday (WDAY): FQ3 EPS of -$0.39 beats by $0.20. Revenue of $72.6M (+99% Y/Y) beats by $8.6M. Expects FQ4 revenue of $75M-$79M, above a $70.5M consensus. Shares +3.6% AH. (PR) Comment! [Tech, Earnings, On the Move]
- Wednesday, November 28, 2012, 10:59 AM Workday (WDAY -1.9%) slips after Piper's Mark Murphy becomes the latest analyst to state he likes the company and dislikes its valuation. Workday could quintuple its HR software share over the next 3-5 years, Murphy thinks, but with shares trading at 14.8x estimated 2014 sales, he believes a Neutral rating is in order. Workday has been mostly range-bound after delivering a blistering IPO. (previous: I, II) Comment! [Tech, Quick Ideas]
- Wednesday, November 21, 2012, 10:48 AM Salesforce.com (CRM +6.6%) is now staring at big gains in response to its FQ3 report (I, II), and is also giving a lift to peers Workday (WDAY +1.9%) and NetSuite (N +2%). Though guidance wasn't impressive, Needham and others are satisfied with Salesforce's 31% Y/Y bookings growth, given macro and IT spending headwinds. Marc Benioff, never shy to brag, mentioned on the earnings call Heroku and Force.com now host over 2.8M apps, and that several big deals were signed for the new Marketing Cloud suite. Comment! [Tech, On the Move]
- Tuesday, November 20, 2012, 12:38 PM Is competition forcing SAP to lower its maintenance contract pricing? Cowen's Peter Goldmacher reports SAP has been offering big discounts for the high-margin contracts to clients looking to cut IT spending and "evaluating lower cost alternatives." Cloud vendors have long pitched the ability to avoid giant maintenance contracts as a selling point for their software. Their apps have already taken a decent chunk of the CRM and HR software markets, and (in some areas) are beginning to make inroads in SAP's core ERP software market. 1 Comment [Tech, Quick Ideas]
- Thursday, November 8, 2012, 9:59 AM Concur (CNQR -9.2%) opens sharply lower due to the top-line guidance provided with its FQ4 results. FQ1 revenue is expected to be up 21% Y/Y, below a 25.1% consensus, while expected FY13 growth of 25% is in-line. Piper is downgrading to Underweight, citing deteriorating industry corporate travel data, slowing billings growth, a steep valuation (76x estimated FY13 free cash flow), and growing competition from Workday (WDAY) and others. (transcript) Comment! [Tech, Earnings, On the Move, Quick Ideas]
- Tuesday, November 6, 2012, 1:28 PM Workday (WDAY -1.9%) is lower on underwriter coverage day, as 5 bullish ratings are joined by 3 neutral ones. Like UBS, the cautious parties criticize Workday's valuation while praising its potential. JPMorgan: "While we believe WDAY may become one of the most important software names of this generation by fundamentally changing how enterprises manage their HR and financial records, the company’s cash flow profile suggests the stock is fairly valued at current levels." (yesterday) Comment! [Tech, On the Move, Quick Ideas]
- Monday, November 5, 2012, 10:35 AM Workday (WDAY +1.8%) trades higher after William Blair and Canaccord start coverage with Buy ratings. "We have every indication that Workday is one of those once-in-a-decade companies that comes along in software and revolutionizes the space," says Canaccord's Richard Davis. Workday is down 14% from its post-IPO high of $57.21, but remains up 75% from its $28 IPO price. (UBS starts at Neutral) Comment! [Tech]
- Thursday, October 25, 2012, 6:02 PM NetSuite (N) guides on its Q3 call for 2013 revenue of $390M, above a $376.3M consensus. Also, the company noted in its report that deferred revenue rose by $5.7M Q/Q to $135.7M. Shares +5.4% AH. Cloud ERP peer Workday (WDAY) could rally in sympathy tomorrow - both companies fell today as part of a general selloff in enterprise tech names. Comment! [Tech, Earnings, On the Move]
- Thursday, October 25, 2012, 2:33 PM It's been a rough week for enterprise IT stocks. Many sold off yesterday following EMC and Juniper's reports, and a number are pressured today thanks to disappointing results and/or guidance from F5, Fusion-io, ServiceNow, and Citrix. Cloud software, big data, and networking plays are among the losers: CRM -2.1%. WDAY -5%. N -2.2%. SPLK -4.1%. RVBD -4%. PANW -2.6%. ARUN -5.2%. NTGR -2.6%. TIBX -2.8%. QLIK -3.1%. Comment! [Tech, On the Move]
- Saturday, October 20, 2012, 10:12 AM Where was this story 50% ago? Its cover showing a tombstone engraved "R.I.P. PC," Barron's says DELL and H-P (HPQ) will fade from view. Next up for trouble could be Microsoft (MSFT), seemingly cheap at 9X 2013 earnings, but which reported sales at its Windows unit off by a third Y/Y after backing out pre-sales for Windows 8. The world awaits the launch of Surface at midnight on Friday. More winners/losers here. 225 Comments [Tech, Quick Ideas]
- Friday, October 19, 2012, 1:15 PM UBS' Brent Thill loves Workday's (WDAY -0.1%) potential, but not its valuation. Starting shares at Neutral, Thill notes Workday, which delivered a scorching IPO last week, sports a 36.2x enterprise value/sales ratio, based on estimated 2012 revenue - that easily dwarfs the ratios of most enterprise cloud peers. Also, a lockup on 72% of outstanding shares will expire around April 10, though over 60% of the shares are owned by Workday's co-CEOs, who may be reluctant to sell. Comment! [Tech, Quick Ideas]
- Monday, October 15, 2012, 11:04 AM Workday (WDAY +6.9%) rallies above $52, adding to Friday's huge post-IPO jump. While the company's sky-high valuation fuels debate over whether a bubble has formed in high-growth enterprise/cloud software names, Workday execs have been touting the potential of its HR and ERP software to disrupt a global market of 23K+ enterprises with 1K or more employees - Workday's solutions are currently used by less than 400 of them. The company also says it's interested in expanding into analytics. (more) 1 Comment [Tech, On the Move, Quick Ideas]
- Friday, October 12, 2012, 5:33 PM Workday (WDAY) held onto its big gains, finishing its first trading day with a price of $48.69 and a market cap of $7.8B. Workday's valuation - steep even if based on expected 2012 bookings of $500M+ rather than trailing sales - is producing plenty of chatter. Defenders point to Workday's huge contracts with the likes of Google, H-P, and AIG, and the fact its share of the HR and (especially) ERP software markets is still quite low relative to incumbents Oracle and SAP, who are trying to return fire. Comment! [Tech]
- Friday, October 12, 2012, 10:08 AM Workday (WDAY) doesn't disappoint. Shares opened at $48.05 and are currently trading at $48.17, up 72% from a raised IPO price of $28. The gives the company, declared by some to be the future of enterprise-class HR software, a valuation of $7.7B, or 34x trailing sales. (S-1) 7 Comments [Tech, On the Move, Breaking News, Top Stories]
- Thursday, October 11, 2012, 11:55 PM Workday (WDAY) prices its IPO at $28, above a prior range of $24-$26. That gives the fast-growing cloud ERP/HR software firm, which raised $637M by selling 22.75M shares, a valuation of $4.49B, or about 20x sales. Between the hype surrounding this offering and the way other enterprise tech IPOs have fared lately (I, II, III), there could still be a healthy pop when shares begin trading on Friday. Some cloud software firms that might move in response: N, CSOD, SABA, ULTI. (S-1) (more) Comment! [Tech]
-
James Hartje
@StockWallStreet's 'Stock' Talk HOLD List: $MGM $WYNN $MCD $PDLI $WDAY $WAG $ALGN http://bit.ly/RIEuLi ... ... - View all 2 replies
-
-
-
James Hartje
$WDAY might be one of the hottest new stocks of 2012 but we hold a neutral position when it comes to WDAY as an investment. #StockTalk - View all 0 replies
-
James Hartje
@StockWallStreet's 'Stock' Talk HOLD List: $MGM $WYNN $MCD $PDLI $WDAY $WAG $ALGN http://bit.ly/RIEuLi ... - View all 0 replies
-
James Hartje
$WDAY might be one of the hottest new stocks of 2012 but we hold a neutral position when it comes to WDAY as an investment. #StockTalk - View all 0 replies
-
James Hartje
@StockWallStreet's Stock Talk HOLD List: $MGM $WYNN $MCD $PDLI $WDAY $WAG http://bit.ly/RIEuLi ... - View all 0 replies
-
- View all 0 replies
-
David Jackson
What's the best way to play SaaS growth? Buy stocks like $CSOD & $WDAY, or short $SAP& $ORCL? - View all 12 replies
-
Modernist: Its not 1:1! SaaS is a push towards efficiency. Net earnings of sellers will be reduced. -
Jorge Aura: In my humble opinion, I think that playing short in $ORCL is a good idea, but the stock has a short % of float in 0.80%.
-
- View all 0 replies
-
Stone Fox Capital
$WDAY trading at 34x trailing sales. Are people nuts? No company is worth half that. - View all 4 replies
-
Stone Fox Capital: Typically hot IPOs need to run for a while before shorting. Takes a while for the stocks to cool off.
-
-
- View all 0 replies
LATEST REPLIES