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How to Buy Workiva Stock

Workiva Inc

Workiva is a app company located in Iowa, United States, which is part of the Technology sector, and is traded under the ticker WK on the NYSE exchange.

Workiva stock last closed at $94.41, up 2.69% from the previous day, and has increased 34.05% in one year. It has overperformed other stocks in the Software - Application industry by 0.39 percentage points. Workiva stock is currently +58.86% from its 52-week low of $59.43, and -9.88% from its 52-week high of $104.76.

There are currently 53.39M shares of WK outstanding. The market value of WK is $5.04B. In the last 24 hours, 204,746 WK shares were traded.

How to Buy Workiva Stock

Wondering how to invest in Workiva stock? Here's how.
  1. Choose where to buy Workiva stock: You need to choose a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you figure out where to buy Workiva stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Analyze Workiva stock: The Workiva ticker symbol is WK. Is Workiva stock a good investment? Should you buy shares of WK? How do WK's underlying business fundamentals look? Do top analysts think Workiva is a good buy? Why has WK's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if WK is a good stock to buy).
  5. Make your WK buy order: Decide if you will purchase WK shares at the current market price or use a limit order to purchase WK shares at a specific price.
  6. Get notifications regarding your investment in WK: Create a watchlist to track your investment in Workiva stock.

Step 1: Choose where to buy Workiva stock

You need an online brokerage account in order to access the NYSE market and buy WK shares.

A brokerage account allows you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've chosen the best brokerage, you'll need to fill out some personal details so you are able to buy WK today.

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  1. Click here to get started.
  2. Enter your personal data to start your new brokerage account.
  1. Send your data by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on the highest rated stock app, you need to deposit funds:

Watch the tutorial below for more details depositing money into your new investment account.

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Step 4: Analyze Workiva stock

After you have identified the best place to buy Workiva stock, it's absolutely critical to analyze their stock before you invest, so you truly understand the risk as well as the opportunity.

Workiva Metrics

WK Price
$94.41
1w %
5.06%
1y %
34.05%
5y %
266.64%
P/E
-42.34x
P/B
5,419.97x
P/S
9.08x
PEG
N/A
Revenue
$558.39M
Earnings
-$118.60M
Fore. Rev. Growth
9.68%
Fore. Earn. Growth
N/A
Market Cap
$5.04B
Next Earnings
N/A
Next Dividend
N/A

Fundamentals of WK

WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.

You can view all of the due diligence checks on WK's stock page.

Is WK stock overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge WK's true value.

Using relative valuations measures:

  • WK may be overvalued based on its P/B ratio of 5,419.97x, relative to Software - Application industry P/B ratio of 5.46x

You can do more valuation analysis on WK's stock here.

WK Financial Health Overview

Positive Health Checks:

  • There are more short-term assets than short-term liabilities on the WK balance sheet.
  • There are more short-term assets than long-term liabilities on the WK balance sheet.
  • Total WK debt is lower than 5 years ago, relative to shareholder equity.

Negative Health Checks:

  • WK has a relatively high debt to equity ratio of 859.3.
  • WK earnings of -$109.96M is not enough to cover its interest payments.
  • WK profit margin has gone down from -10.4% to -21.2% in the past year.
  • WK's operating cash flow of $17.83M allows it to safely service it's debt of $366.49M.

Is WK stock a Buy, Hold, or Sell, according to analysts?

Out of 4 sell side analysts who monitor WK, the consensus analyst rating on Workiva is a Buy

It's important to note that analyst ratings are not recommendations, nor are they investment advice.

Latest WK Analyst Ratings

Terry Tillman, a top 21% analyst from Truist Securities maintains WK with a strong buy rating and raises their WK price target from $100.00 to $110.00, on May 3, 2023.

Brad Reback, a top 13% analyst from Stifel Nicolaus maintains WK with a hold rating and raises their WK price target from $77.00 to $83.00, on May 3, 2023.

Rob Oliver, a top 14% analyst from Baird maintains WK with a buy rating and raises their WK price target from $96.00 to $100.00, on Feb 22, 2023.

Daniel Jester, a top 18% analyst from BMO Capital maintains WK with a buy rating and raises their WK price target from $88.00 to $96.00, on Feb 22, 2023.

You can dig deeper into what analysts are projecting on the Workiva stock forecast page.

WK Technical Indicators

SMA10
91.94
SMA20
90.55
SMA50
94.79
SMA100
91.97
SMA200
83.32
MACD
-0.06
MACD Signal
-0.82
MACD Histogram
0.76
RSI
54.5
Stochastic %K
65.14
Stochastic %D
72.88
StochRSI %K
65.6
StochRSI %D
74.39

WK Growth Numbers

Last year, WK revenue was $558.39M. During the past 5 year, WK's revenue has gone up by 20.93% per year. This was slower than the Software - Application industry average of 33.51%.

Find out more about WK's earnings and revenue performance here.

Are WK insiders buying or selling the stock?

In the past 12 months, executives and large shareholders at WK have bought more shares than they have sold.

Michael D. Hawkins, EVP Sales of WK, was the latest WK insider to sell. They sold $332,491.70 worth of WK stock on May 22, 2023.

Dig into more about who owns WK shares here.

Can I rely on WK as an income stream?

No, Workiva doesn't provide an income stream by paying out dividends.

What others are saying about WK

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to see what other traders have to say.

Step 5: Make your WK buy order

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are mostly fine for most investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a particular price limit, place a limit order.

Hit the Open Trade button and eToro will execute the order.

If you want more assistance buying stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your investment in WK

Now that you own some WK stock, you'll want to keep up with your new company.

Start a watchlist to track the latest developments regarding your WK stock.

WK Feed

How to Buy Stock in Workiva

To summarize, here are the 6 steps you need to take to buy Workiva stock right now:

  1. Choose where to buy Workiva stock
  2. Sign up for your brokerage account
  3. Deposit money your brokerage account
  4. Analyze Workiva stock
  5. Make your WK buy order
  6. Get notifications regarding your investment in WK

If you are looking for a online brokerage, eToro is our favorite venue.

Get Started with eToro Today

If you would like to get the latest news on your new investment in Workiva, add WK to your watchlist by clicking the button below.

NYSE: WK
$94.41+2.47 (+2.69%)
Updated May 26, 2023
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NYSE: WK
$94.41+2.47 (+2.69%)
Updated May 26, 2023
Open eToro Account

FAQ

How much does it cost to buy one Workiva share?

As of May 26, 2023, it costs $94.41 to buy one share of Workiva stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.106 shares of WK.

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Is now a good time to buy Workiva stock?

According to 4 Wall Street analysts who monitor Workiva, their consensus recommendation is to buy Workiva stock.

What is the best way to buy Workiva stock?

One way to place an order for Workiva stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.