WDAY - ワ―クデイ （Workday Inc.）

PLEASANTON, Calif., May 4, 2023 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, plans to announce its fiscal 2024 first quarter financial results after market close on Thursday, May 25, 2023. The company will host a…

As we continue to watch the internet evolve, it’s important to consider which software-as-a-service (SaaS) stocks to buy as more workloads migrate to the cloud over the next decade. There has been a significant shift to the cloud in recent years from legacy on-premise workloads and infrastructure. Cloud computing allows organizations to rent rather than buy IT and other functions. Given the cost savings, scalability, flexibility, productivity gains and improved security features, it’s obvious why this shift is happening. Over the 2021- 2026 period, IDC forecasts cloud spending to have a compound annual growth rate (CAGR) of 12.9%. SaaS companies deliver computing services like networking, servers, storage and analytics over the cloud. These cloud computing advantages mean more workloads will continue moving to the cloud. SaaS growth stocks are expanding despite the current macro uncertainty. NOW ServiceNow $445.02 WDAY Workday $184.37 SNOW Snowflake $146.00 ServiceNow (NOW) Source: Sundry Photography / Shutterstock.com IT service management giant ServiceNow (NYSE: NOW ) has been one of the best SaaS growth stocks to own.

Given the current market conditions, this May presents great buying opportunities for tech stocks . Investing in tech plays can allow you to tap into the growth potential of the tech industry. Historically, this part of the market has always done well. Hence, many investors retired comfortably after making a nice haul in the late ’90s and early aughts in tech. As a result, there is much money to be made through investing in this lucrative area. However, as you consider your investment options, you’ll want to pay attention to the best tech stocks. These are the companies with the best operating profiles and attractive long-term prospects. In 2023, monitoring the tech stocks set to perform well is essential. The tech sector has seen impressive growth in recent years, and many experts predict this trend will continue in 2023. That is especially true with the Federal Reserve easing up on interest rate hikes. By investing in these tech stocks now, you could set yourself up for strong returns in the future.

Workday has continued to grow at a steady pace amid darkening macro clouds. See why I remain bullish on WDAY stock.

Workday (NASDAQ: WDAY ) has outperformed the market over the past 10 years by 1.73% on an annualized basis producing an average annual return of 11.7%. Currently, Workday has a market capitalization of $48.25 billion. Buying $100 In WDAY: If an … Full story available on Benzinga.com

Over the past three months, shares of Workday Inc. (NASDAQ: WDAY ) moved higher by 10.21%. Before having a look at the importance of debt, let''s look at how much debt Workday has. Workday Debt Based on Workday''s financial statement as of February 27, 2023, long-term debt is at $2.98 billion and current debt is at $0, amounting to $2.98 billion in total debt. Adjusted for $1.89 billion in cash-equivalents, the company''s net debt is at $1.09 billion. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within 1 year, while long-term debt is the portion due … Full story available on Benzinga.com

TipRanks analyst ranking service pinpoints Wall Street''s best-performing stocks, including Nvidia & Workday.

Workday reported strong financial results for the fourth quarter of FY23. See why WDAY stock is a Hold for now, but definitely one for the watch list.

Workday (WDAY) shares rose fractionally in mid-day trading on Wednesday even as investment firm Société Générale downgraded the cloud computing software company following its…

InsurePay, a leading Insuretech SaaS platform that enables the accuracy of premiums, integrated payments, and reconciliation in real-time is now offering premier payroll connections within their Pay-as-you-go product. NASHVILLE, Tenn. , March 1, 2023 /PRNewswire-PRWeb/ -- InsurePay , a leading Insuretech SaaS platform that enables the accuracy of premiums, integrated payments, and reconciliation in real-time is now offering premier payroll connections within their Pay-as-you-go product. InsurePay''s Premier Payroll Connections will include data feeds from payroll providers including QuickBooks Payroll, ADP Workforce Now, Paychex, Gusto, Justworks, Paycom, Paylocity, Rippling, Run Powered by ADP, Sequoia One, Workday, Square Payroll, TriNet, Wave, Zenefits, and many others previously unavailable to their Pay-as-you-go customers. A Pay-as-you-go workers'' compensation program utilizing automated data feeds provides a more efficient, cost-effective, and accurate solution for Insurance Carriers, Agents, and policyholders.

Workday reported strong financial results for the fourth quarter of FY23. See why WDAY stock is a Hold for now, but definitely one for the watch list.

Workday (WDAY) shares rose fractionally in mid-day trading on Wednesday even as investment firm Société Générale downgraded the cloud computing software company following its…

InsurePay, a leading Insuretech SaaS platform that enables the accuracy of premiums, integrated payments, and reconciliation in real-time is now offering premier payroll connections within their Pay-as-you-go product. NASHVILLE, Tenn. , March 1, 2023 /PRNewswire-PRWeb/ -- InsurePay , a leading Insuretech SaaS platform that enables the accuracy of premiums, integrated payments, and reconciliation in real-time is now offering premier payroll connections within their Pay-as-you-go product. InsurePay''s Premier Payroll Connections will include data feeds from payroll providers including QuickBooks Payroll, ADP Workforce Now, Paychex, Gusto, Justworks, Paycom, Paylocity, Rippling, Run Powered by ADP, Sequoia One, Workday, Square Payroll, TriNet, Wave, Zenefits, and many others previously unavailable to their Pay-as-you-go customers. A Pay-as-you-go workers'' compensation program utilizing automated data feeds provides a more efficient, cost-effective, and accurate solution for Insurance Carriers, Agents, and policyholders.

The U.S. Securities and Exchange Commission (SEC) has received the latest round of 13F filings from Q4, providing retail investors with a complete picture of institutional equity holdings. Now, investment bank Goldman Sachs has published a report detailing the most — and least — popular stocks among hedge funds. Goldman analyzed 758 funds with total equity assets under management (AUM) of $2.3 trillion. The bank also analyzed 543 mutual funds with a total AUM of $2.4 trillion. “Hedge funds and mutual funds generally agree on sectors and factors, with Financials (XLF) and Energy (XLE) two notable exceptions; hedge funds are underweight while mutual funds are overweight,” explained strategist David Kostin. According to UBS, hedge funds have been positioned well this year. Equity-hedged funds returned 4.2% in January, while the average hedge fund returned 2.8%. In total, around 75% of all hedge funds have positive returns as of January. This compares to the S&P 500’s January return of 6.3%.

WDAY earnings call for the period ending December 31, 2022.