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Workday Stock Goes To Work On Its (Stellar) Composite Rating

The IBD SmartSelect Composite Rating for Workday (WDAY) increased from 94 to 97 Thursday. Is Workday stock on your watchlist?




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The revised score means Workday stock currently tops 97% of all other stocks in terms of key performance metrics and technical strength. History shows the top market performers tend to have a 95 or higher score as they launch their major climbs.

Is Workday Stock In The Buy Zone?

Workday stock is currently forming a consolidation with a 282.87 entry. Look for the stock to break out in volume at least 40% higher than normal.


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Workday stock has a 94 EPS Rating, which means the software company’s recent quarterly and annual earnings growth is outpacing 94% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q2, the Pleasanton, Calif., company reported 46% EPS growth. Top-line growth increased 19%, up from 15% in the prior quarter. That marks one quarter of rising revenue increases.

Workday stock holds the No. 5 rank among its peers in the Computer Software-Enterprise industry group. TechTarget (TTGT) is the No. 1-ranked stock within the group.

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