Workday(US:WDAY) ZACKSยท2025-04-01 22:55Company Performance - Workday's stock closed at $234.53, reflecting a +0.43% change from the previous trading day's closing, outperforming the S&P 500's daily gain of 0.38% [1] - The stock has experienced an 8.26% decline over the past month, which is greater than the Computer and Technology sector's loss of 8.94% and the S&P 500's loss of 5.59% [1] Upcoming Earnings - Workday's upcoming earnings per share (EPS) are projected to be $1.99, indicating a 14.37% increase from the same quarter last year [2] - Revenue is estimated at $2.22 billion, reflecting an 11.34% increase from the prior-year quarter [2] Annual Estimates - For the annual period, earnings are anticipated to be $8.44 per share and revenue is expected to reach $9.5 billion, representing increases of +15.62% and +12.48% respectively from the last year [3] - Recent changes to analyst estimates suggest a positive outlook for Workday's business and profitability [3] Analyst Ratings - Workday currently holds a Zacks Rank of 3 (Hold), with a recent 0.65% increase in the Zacks Consensus EPS estimate over the last 30 days [5] - The Zacks Rank system has a strong track record, with 1 ranked stocks yielding an average annual return of +25% since 1988 [5] Valuation Metrics - Workday has a Forward P/E ratio of 27.67, which is a premium compared to the industry average Forward P/E of 26.28 [6] - The company has a PEG ratio of 1.41, which is lower than the Internet - Software industry's average PEG ratio of 2.01 [6] Industry Context - The Internet - Software industry is part of the Computer and Technology sector, holding a Zacks Industry Rank of 74, placing it in the top 30% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]