WDAY

Workday Inc - Ordinary Shares - Class A

TMT


Presented:01/19/2023
Price:$167.54
Cap:$43.06B
Current Price:$244.83
Cap:$65.12B

Presented

Date01/19/2023
Price$167.54
Market Cap$43.06B
Ent Value$37.61B
P/E RatioN/A
Book Value$21.05
Div Yield0%
Shares O/S257.00M
Ave Daily Vol2,249,953
Short Int2.31%

Current

Price$244.83
Market Cap$65.12B
Workday, Inc. engages in the development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management and analytics applications designed for companies, educational institutions and government agencies. The company was founded by David A. Duffield and Aneel Bhusri in March 2005 and is headquartered in Pleasanton, CA.

Publicly traded companies mentioned herein: Workday Inc (WDAY)

Highlights

The presenter is long shares of Workday (WDAY) believing the company is at the low end on valuation and is well-positioned to continue double digit revenue growth in its consolidated markets while also expanding margins for the foreseeable future. He notes that the WDAY business model features a 2% churn rate, growing subscription revenues (up CAGR of 21% since 2020), a healthy revenue backlog (up 21% YoY), and revenue guidance of 20% for the next couple of years. Even with the current backdrop the presenter believes the company has set conservative expectations for 2023 and should have a good set-up to break-out in the near term.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

  • Signing up and creating account with us unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Request access to DeMatteo Research for full access

Request Access

Already have an account?

Idea Discussion

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Commentor 1 - 2 weeks ago

Signing up and creating account with us, unlocks this content for you. Contact us today for full access to DeMatteo Research and more.

Idea Discussions display submitted commentary from our investor community.

To read and participate in the discussion with the presenter and investor base, request access to DeMatteo

Request Access

Already have an account?

An error occurred loading this content. Try again later or contact us.