STA Research rates Workiva Inc.(WK:NYE) with a Buy rating, $120 target

STA Research
by: STA Research

STA Research assigns Workiva Inc. with a Buy rating and a $120, 12 month target forecast on the company’s stock price.

Workiva Inc Stock Analysis:

Based on the Workiva Inc stock forecasts from 4 analysts, the average analyst target price for Workiva Inc is USD 136.17 over the next 12 months. Workiva Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Workiva Inc is Slightly Bearish, which is based on 2 positive signals and 3 negative signals. At the last closing, Workiva Inc’s stock price was USD 94.08Workiva Inc’s stock price has changed by -7.36% over the past week, -23.11% over the past month and +3.43% over the last year.

What we like:

Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

What we don’t like:

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

 

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