Workday Announces Fourth Quarter and Full Fiscal Year 2019 Financial Results

Workday (WDAY) PT Raised to $220 at Baird

Baird analyst Mark Marcon raised the price target on Workday (NASDAQ: WDAY) to $220.00 (from $175.00) while maintaining a Outperform rating following the company's 4Q report. Revenue of $789mn came in ahead of Baird's in-line estimate of $777mn.

Financials moving to the cloud... More

Workday (WDAY) PT Raised to $173 at Macquarie Following 4Q

Macquarie analyst Sarah Hindlian raised the price target on Workday (NASDAQ: WDAY) to $173.00 (from $143.00) while maintaining a Neutral rating following the company's 4Q. Total revs. were $788.6mn (+35.4% Y/Y) a 1.5% beat vs. cons. of $776.9mn (+33.4% Y/Y) with sub. revs. of $673.5mn... More

Workday (WDAY) PT Raised to $250 at Monness, Crespi, Hardt

Monness, Crespi, Hardt analyst Brian White raised the price target on Workday (NASDAQ: WDAY) to $250.00 (from $220.00) while maintaining a Buy rating.

White commented, "Last night, Workday reported strong 4Q:FY19 results and increased its FY:20 outlook. Given limited, high-quality, SaaS pure... More

Workday (WDAY) PT Raised to $220 at RBC Capital

RBC Capital analyst Ross MacMillan raised the price target on Workday (NASDAQ: WDAY) to $220.00 (from $218.00) while maintaining a Outperform rating.

"A strong finish to the year with calculated subscription TCV bookings of +32%," MacMillan commented. "Win rate in HCM remains very strong and... More

Workday (WDAY) Tops Q4 EPS by 9c

Workday (NASDAQ: WDAY) reported Q4 EPS of $0.41, $0.09 better than the analyst estimate of $0.32. Revenue for the quarter came in at $788.6 million versus the consensus estimate of $777.34 million.

Comments on the News

This was a strong close to fiscal 2019. It was not only a... More