2900 University Blvd, Ames, Iowa, US. | Sector: Information | Exchange: NEW YORK STOCK EXCHANGE, INC. | Web: https://www.workiva.com/
According to the market data, Workiva Inc (WK) stock price is $95.73 and the 52 weeks low is $32.3, which means the Workiva Inc stock price is up 194.03% in the last 12 months.
Workiva Inc (WK) Stock Price has been Trending Strongly with an ADX reading of 36.00 as per the Weekly Chart.
A Upward trend indicates that Workiva Inc (WK) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).
Based on our analysis of 16 technical indicators, 18.75% are indicating that WK Stock price might rise further, 31.25% indicating that WK Stock price might fall, and 50.00% are in a neutral position.
Based on these technical algorithms, overall WK stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.
Out of 17 Institutional Analysts, majority recommended WK stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Workiva Inc.
The average price target for WK by Institutional Analysts is $129.83, which is 35.62% Upside from the current price. So according to the Institutional Analysts, WK Stock might be a bit undervalued at this stage and there’s potential for upside.
|SunTrust Robinson Humphrey||Buy||Maintained|
|Raymond James||Market Perform||Downgraded|
|SunTrust Robinson Humphrey||Buy||Initiated|
The latest average Earning Per Share Estimate for Workiva Inc is $-0.10, which is lower than WK's last EPS, $0.04. This means that Analysts are expecting Workiva Inc to report lower earnings. This can drive share prices lower since the investors have negative sentiment about market performance of Workiva Inc.
Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.
As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.
The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.
In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.
As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.
Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.
In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.
Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.
If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.
There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).