With 1.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.49 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $101.29 whereas the lowest price it dropped to was $93.81. The 52-week range on WK shows that it touched its highest point at $116.83 and its lowest point at $65.47 during that stretch. It currently has a 1-year price target of $123.44. Beta for the stock currently stands at 1.05.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WK was down-trending over the past week, with a drop of -12.29%, but this was down by -10.15% over a month. Three-month performance surged to 23.90% while six-month performance rose 37.38%. The stock gained 3.58% in the past year, while it has lost -8.61% so far this year. A look at the trailing 12-month EPS for WK yields -0.91 with Next year EPS estimates of 1.28. For the next quarter, that number is 0.33. This implies an EPS growth rate of 323.31% for this year and 36.97% for next year.
Float and Shares Shorts:
At present, 59.32 million WK shares are outstanding with a float of 52.33 million shares on hand for trading. On 2024-12-31, short shares totaled 2.69 million, which was 486.00003000000004 higher than short shares on 1732838400. In addition to Ms. Julie Iskow as the firm’s CEO, President & Director, Ms. Jill E. Klindt CPA serves as its Executive VP, CFO & Treasurer.
Institutional Ownership:
Through their ownership of 0.93595004 of WK’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, WK reported revenue of $185621000.0 and operating income of -$21782000.0. The EBITDA in the recently reported quarter was -$9828000.0 and diluted EPS was -$0.31.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WK since 4 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WK analysts setting a high price target of 135.0 and a low target of 95.0, the average target price over the next 12 months is 123.843. Based on these targets, WK could surge 34.91% to reach the target high and fall by -5.07% to reach the target low. Reaching the average price target will result in a growth of 23.76% from current levels.
Analysts have provided yearly estimates in a range of $1.42233 being high and -$0.90787 being low. For WK, this leads to a yearly average estimate of $0.93813. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is $0.19. The average estimate for the next quarter is thus $0.27.
