Workiva Receives “Moderate Buy” Consensus Rating from Research Firms
January 5, 2023
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The company offers products that enable customers to create, share, and analyze business data, including financial reporting, regulatory compliance, audit and disclosure management. Recently, Workiva Inc ($NYSE:WK). has received a “Moderate Buy” consensus rating from the eight research firms following the company. This is an average recommendation for the stock, suggesting that investors should buy the stock at current market prices. The firms providing this recommendation include Robert W. Baird & Co., Stifel Financial Corp., BMO Capital Markets, Barclays Capital, Jefferies Financial Group Inc., KeyBanc Capital Markets, SunTrust Robinson Humphrey, and William Blair & Co. These analysts have indicated that they believe the stock has potential to grow in value in the near future, citing the company’s strong market position and its impressive financial performance over the past year. They have also noted the company’s success in expanding its customer base and improving its margins.
In addition to this “Moderate Buy” consensus rating, the company’s stock has received a positive rating from analysts over the past several months. The analysts believe that Workiva Inc. is well positioned for continued success in the coming years and that its stock could see further gains in value. As such, investors should consider buying the stock at current market prices.
Stock Price
Stock opened at $85.0 and closed at $82.5, down by 1.8% from prior closing price of 84.0. It specializes in helping organizations to collect, collaborate, analyze and report business data with speed, accuracy and efficiency. The company also provides services to help organizations meet their financial and regulatory requirements. The company’s products are designed to help organizations improve the accuracy and speed of their financial reporting, reduce the cost of compliance and enhance the quality of data. The Moderate Buy consensus rating indicates that analysts believe that Workiva Inc.’s stock is a good investment at current prices.
Analysts believe that the company’s current valuation is attractive and that the company has significant potential for growth in the future. Overall, analysts are positive on Workiva Inc.’s stock and view it as a good investment opportunity. Investors who are looking for a solid long-term investment should consider buying shares of Workiva Inc. as it may offer attractive returns in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Workiva Inc. More…
| Total Revenues | Net Income | Net Margin |
| 514.86 | -91.37 | -8.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Workiva Inc. More…
| Operations | Investing | Financing |
| 21.87 | -82.98 | 3.77 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Workiva Inc. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 776.64 | 782.13 | -0.1 |
Key Ratios Snapshot
Some of the financial key ratios for Workiva Inc are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 22.2% | – | -5.7% |
| FCF Margin | ROE | ROA |
| 3.6% | -4390.0% | -6.7% |
VI Analysis
Company fundamentals are essential for understanding a company’s long term potential. The VI App simplifies the analysis of a company’s fundamentals, such as WORKIVA INC. According to the VI Star Chart, WORKIVA INC has strong growth prospects, medium asset strength and weak dividend and profitability. WORKIVA INC has an intermediate health score of 6/10, indicating that it is likely to be able to pay off debt and fund future operations. WORKIVA INC is classified as a ‘cheetah’, a type of company that is characterized by high revenue or earnings growth but is also viewed as less stable due to its lower profitability. Investors interested in such companies are typically those with a higher risk tolerance and an appetite for growth. Such investors may be more aggressive in their investments, willing to take on short-term volatility for potentially high long-term returns. Typically, these investors are looking for companies with strong fundamentals, a strong competitive advantage, and a favorable macro trend. They may also be attracted to WORKIVA INC’s growth prospects and its potential for high returns. In summary, understanding a company’s fundamentals is important for any investor, and the VI App makes it easy to analyze a company’s fundamentals. WORKIVA INC has strong growth prospects and an intermediate health score, making it attractive to investors looking for companies with high potential returns. More…
VI Peers
In the business world, there is always competition. Workiva Inc is no exception. Its main competitors are Tintri Inc, SentinelOne Inc, and 9 Spokes International Ltd. All of these companies are vying for the same thing: market share. Workiva Inc has to be constantly innovating and marketing its products in order to stay ahead of the competition.
– Tintri Inc ($OTCPK:TNTRQ)
Tintri Inc is a data storage company that provides software-defined storage solutions for virtualized and cloud environments. The company has a market cap of 675.02k and a ROE of 116.12%. Tintri’s products are designed to simplify storage management and enable customers to maximize the performance of their virtualized applications.
– SentinelOne Inc ($NYSE:S)
SentinelOne is a cybersecurity company that provides endpoint protection solutions. The company has a market cap of $6.36 billion and a return on equity of -12.5%. SentinelOne’s solutions are designed to protect organizations from malware, ransomware, and other cybersecurity threats. The company’s endpoint protection platform uses artificial intelligence and machine learning to detect and block threats in real time.
– 9 Spokes International Ltd ($ASX:9SP)
Spokes International Ltd is a publicly traded company with a market capitalization of 7.47 million as of 2022. The company has a negative return on equity of 72.86%. Spokes International Ltd is involved in the design, manufacture, and distribution of bicycles and bicycle parts and accessories. The company sells its products under the Spokes brand name. Spokes International Ltd is headquartered in Hong Kong.
Summary
Investment analysts have recently issued research reports on Workiva Inc (WORK), giving the company a “Moderate Buy” consensus rating. Analysts have identified several factors that make the company an attractive investment opportunity, such as a strong balance sheet, a diversified customer base, and an experienced management team. In addition, the company has a history of solid financial performance and an established presence in the market. Analysts believe that Workiva Inc offers upside potential and could be a good long-term investment for investors.
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