|Bid||0.00 x 1100|
|Ask||0.00 x 1000|
|Day's Range||131.86 - 139.68|
|52 Week Range||95.35 - 157.12|
|Beta (3Y Monthly)||2.07|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||153.59|
German business software company SAP will buy Qualtrics International Inc for $8 billion in cash, pre-empting a planned stock market listing by the U.S.-based company that specialises in surveying consumers online. The deal, announced late on Sunday, backs SAP Chief Executive Bill McDermott's expansion into Customer Relationship Management (CRM) from the company's core business of helping firms run their finance, logistics and human resources. Qualtrics collects feedback and data on customers, employees, products and brands for 9,000 businesses worldwide, providing real-time insights that are vital in an increasingly digital world.
SAP is acquiring Qualtrics for $8 billion. Qualtrics, which competes with SurveyMonkey in the survey software market, was getting ready for its IPO. SAP SAP-DE is acquiring Qualtrics for $8 billion, snapping up the survey software company just before its planned IPO.
PLEASANTON, Calif., Nov. 08, 2018 -- Workday, Inc. (NASDAQ: WDAY), a leader in enterprise cloud applications for finance and human resources, plans to announce its fiscal 2019.
Short interest is low for WDAY with fewer than 5% of shares on loan. Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on October 25. The net inflows of $5.15 billion over the last one-month into ETFs that hold WDAY are not among the highest of the last year and have been slowing.
The Dow Jones industrial average and the S&P 500 paced the upside. Some growth stocks continued to put on the brakes to their big long-term advances.
One group of analysts thought Workday could fit in well at Microsoft. This year has seen more software deal volume than in 2016 and 2017 combined. Analysts are looking at other midsize infrastructure technology companies as possible acquisition targets after IBM IBM 's $34 billion acquisition of Red Hat RHT was announced Sunday.
and with with Tom Bogan, CEO of Adaptive Insights, which was recently acquired by Workday. Bhusri explained that Adaptive rounds out Workday's vision of a unified platform that provides planning, execution and analysis tools. Adaptive represents a $5 billion market opportunity for Workday.
NEW YORK, Oct. 24, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Jim Cramer sits down with Workday CEO Aneel Bhusri and Adaptive Insights CEO Tom Bogan to hear about how their $1.5 billion deal came to fruition so quickly.
Both Adobe Systems Inc. ( ADBE) and Workday Inc. ( WDAY) are handily outperforming not just the S&P 500, but also the Nasdaq Composite and the Technology Select Sector SPDR Fund ( XLK), both of which are reflective of the overall tech sector.
Adobe skyrocketed 9.5% on Tuesday as Wall Street applauded its cloud-oriented product road map and sales guidance for next year.
Shares of Workday Inc. are up 1.9% in premarket trading Wednesday after Bernstein analyst Mark Moerdler upgraded the stock to outperform from market perform. "We have determined that even if the [enterprise resource planning] market moves reasonably slowly to the cloud, it is large enough and the fact there are only a few vendors with a competitive SaaS [software-as-a-service] solution should allow Workday to continue to gain share," Moerdler wrote. He calculates that Workday could still expand its subscription revenue by 24% to 36% a year through 2022 even if the company doesn't pick up share from Oracle Corp. or SAP SE . Moerdler also sees room for the company to grow its margins. Workday shares are up 25% over the past 12 months, while the S&P 500 has gained 10%.
The stock market was sharply higher late Tuesday, helped in part by strong earnings from top stocks in the Dow like UnitedHealth Group and Johnson & Johnson.
On October 10, ServiceNow (NOW) announced that it will acquire start-up company FriendlyData. The acquisition will allow ServiceNow, an enterprise cloud service provider, to integrate FriendlyData’s natural language query (or NLQ) tool into its Now interface platform. The implementation of NLQ technology will help customers make queries in plain English, thus avoiding unnecessary technical questions and complications of support requests in enterprises using machine language.
The stock of enterprise cloud application company Workday (WDAY) declined 5.4% on October 8 to close at $132.42. The stock is trading 39% above its 52-week low of $95.35 and 16% below its 52-week high of $157.12. Workday stock has generated absolute returns of 168% since February 2016. However, since the start of October 2018, the stock has declined 10%. In 2018, Workday stock has outperformed broader markets with a rise of 30%.