40 times sales for WDAY. For the current quarter, sales aren't expected to grow more than 15% above last quarters and they lose half of every dollar they get in sales. $9 billion market cap when they lose $40 million per quarter. Little prospect it will improve anytime soon or ever.
Just for the record, the lock-up isn't as far out as some think. The B commomn can be converted at anytime and then be allowed to be sold, so in effect the majority of shares can be sold at anytime. Check company reports for that.
They won't be able to borrow any money or sell any stock. They will be lucky to get through the next 18 months without going under. Everytime time they bid a contract, Larry Ellison, of Oracle is sitting there, forcing them to underbid. That is why they are losing so much money and will continue to do so. The founders of Workday, also founded and sold Peoplesoft to Ellison in a hostile takeover. He vows to trash Workday. See the Yahoo article about his crowing about Oracle beating them in the US and shutting them out in the EU.
http://finance.yahoo.com/news/larry-ellison-says-cloud-beating-231400009.html
Recent WDAY News
- Workday Announces Date of Fiscal 2025 First Quarter Financial Results • PR Newswire (US) • 05/02/2024 12:30:00 PM
- Randstad Selects Workday for Global Finance, HR, and Talent Solutions • PR Newswire (US) • 04/11/2024 01:00:00 PM
- Workday Turns Up the Heat in the Next Wave of its Global Rock Star Campaign with Gwen Stefani, Travis Barker, and Billy Idol • PR Newswire (US) • 04/08/2024 10:00:00 AM
- Workday Announces Annual Stockholder Meeting • PR Newswire (US) • 03/27/2024 12:30:00 PM
- Workday Adaptive Planning and Consolidation Delivers Efficiency, Agility, and Ease of Use to Finance Organizations • PR Newswire (US) • 03/19/2024 01:00:00 PM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 03/08/2024 09:01:53 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:05:43 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/08/2024 01:01:38 AM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 03/05/2024 10:36:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 03/01/2024 10:56:47 PM
- Workday CEO to Present at the Morgan Stanley Technology, Media & Telecom Conference on March 4, 2024 • PR Newswire (US) • 02/27/2024 01:30:00 PM
- Expedia Announces 1,500 Job Cuts; Hims & Hers Surges 19.8% Post Financial Results, and More News • IH Market News • 02/27/2024 11:15:07 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 09:03:49 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 09:02:57 PM
- Workday Announces Fiscal 2024 Fourth Quarter and Full Year Financial Results • PR Newswire (US) • 02/26/2024 09:01:00 PM
- Workday Announces Intent to Acquire HiredScore • PR Newswire (US) • 02/26/2024 09:01:00 PM
- U.S. Index Futures Dip Amid Inflation Data Anticipation, Oil and Iron Ore Prices Retreat • IH Market News • 02/26/2024 10:57:28 AM
- Workday Announces Date of Fiscal 2024 Fourth Quarter and Full Year Financial Results • PR Newswire (US) • 02/08/2024 01:30:00 PM
- Workday and Insperity Announce Exclusive Strategic Partnership to Provide Best in Class HR Service and Technology to Small and Midsize Businesses • Business Wire • 02/08/2024 12:55:00 PM
- Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 02/01/2024 12:46:48 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/31/2024 02:03:32 PM
- Carl Eschenbach Takes the Helm as Workday CEO • PR Newswire (US) • 01/31/2024 02:00:00 PM
- Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend] • Edgar (US Regulatory) • 01/29/2024 08:26:25 PM
- Workday Announces Continued Retail Industry Momentum Driven By Accelerated Demand for AI Solutions that Help Fuel Organizational Agility and Growth • PR Newswire (US) • 01/11/2024 02:00:00 PM
- Workday Global Survey Reveals AI Trust Gap in the Workplace • PR Newswire (US) • 01/10/2024 01:00:00 PM
NanoViricides Reports that the Phase I NV-387 Clinical Trial is Completed Successfully and Data Lock is Expected Soon • NNVC • May 2, 2024 10:07 AM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM