Workday Inc. (WDAY), headquartered in Pleasanton, CA, is a prominent provider of cloud-based enterprise software for financial management and human resources. As of recent evaluations, WDAY holds a #3 (Hold) rating on the Zacks Rank and features a Growth Style Score of A, indicating a forecasted year-over-year earnings growth of 16% for the current fiscal year. Over the last 60 days, two analysts have revised their earnings estimates upward, raising the Zacks Consensus Estimate to $8.47 per share.
Since 1988, stocks rated with a #1 (Strong Buy) by Zacks have produced an average annual return of +25.41%, significantly outperforming the S&P 500. With an average earnings surprise of 9.8%, WDAY may be an attractive option for investors seeking growth.
Incorporating the Zacks Style Scores—assessing Value, Growth, and Momentum qualities—can help investors identify stocks with the highest likelihood of success. WDAY’s solid Growth and VGM Style Scores suggest it is a strong candidate for investors’ watchlists.
