Workday, Inc. (WDAY) provides enterprise cloud applications for finance and human resources in the United States and internationally.
It offers applications for customers to manage critical business functions that enable them to optimize their financial and human capital resources.
The company provides Workday Financial Management application that provides functions of general ledger, accounting, accounts payable, accounts receivable, cash management, asset management, employee expense management, revenue management, projects, procurement, inventory, and grants management.
It also provides Workday Human Capital Management application that includes human resources management comprising workforce lifecycle management, organization management, compensation, absence, and employee benefits administration; and global talent management consisting of goal management, performance management, succession planning, and career and development planning. In addition, the company offers Workday Recruiting, an application that supports the needs of candidates, hiring managers, the interview team, and recruiters; Workday Payroll application that address the enterprise payroll needs; Workday Time Tracking application that automates workforce management processes; and Workday Professional Services Automation application.
Further, it offers Workday Insight Applications that leverage advanced data science and machine learning methodologies to help customers make smarter financial and workforce decisions; and Workday Student, a student and faculty lifecycle information system. The company serves technology, financial services, business and professional services, healthcare and life sciences, manufacturing, retail and hospitality, education, and government and non-profit industries.
Shares have formed a bullish "cup and handle" ahead of the company's earnings report on February 27th. Higher share prices are expected for this stock.
52-Weeks Trading Range: $54.35 - $93.35
Entry Point: $88.50
Stop Loss: $84.00
Target Price: $97.35
WDAY closed at $82.55