Workday(US:WDAY) ZACKSยท2025-07-10 22:51Company Performance - Workday (WDAY) closed at $229.30, reflecting a -4.53% change from the previous day, underperforming the S&P 500 which gained 0.28% [1] - Prior to the latest trading session, Workday shares had decreased by 4.45%, lagging behind the Computer and Technology sector's gain of 6.2% and the S&P 500's gain of 4.37% [1] Upcoming Financial Results - Workday's upcoming EPS is projected at $2.09, indicating a 19.43% increase compared to the same quarter last year [2] - Revenue is expected to reach $2.34 billion, representing a 12.22% increase from the year-ago quarter [2] Annual Estimates - For the annual period, earnings are anticipated at $8.71 per share and revenue at $9.5 billion, reflecting increases of +19.32% and +12.46% respectively from the previous year [3] - Recent adjustments to analyst estimates for Workday may indicate positive near-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Workday currently has a Forward P/E ratio of 27.59, which is a discount compared to the industry average Forward P/E of 29.03 [5] - The PEG ratio for Workday is 1.46, compared to the average PEG ratio of 2.24 for the Internet - Software industry [6] Industry Context - The Internet - Software industry, part of the Computer and Technology sector, holds a Zacks Industry Rank of 62, placing it in the top 26% of over 250 industries [6] - The Zacks Rank system, which includes estimate changes, has historically outperformed, with 1 stocks returning an average annual gain of +25% since 1988 [5]