Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Workday stock in Canada | $232.43

Own Workday shares in just a few minutes.

Workday (WDAY) is a leading software-application business based in the US. It opened the day at $232.1 after a previous close of $231.81. During the day the price has varied from a low of $232.1 to a high of $234.3825. The latest price was $232.425 (25 minute delay). Workday is listed on the NASDAQ and employs 12,500 staff. All prices are listed in US Dollars.

How to buy Workday stock in Canada

  1. Choose a platform. If you're a beginner, our stock trading table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: WDAY in this case.
  5. Research Workday stocks. The platform should provide the latest information available.
  6. Buy your Workday stocks. It's that simple.

How has Coronavirus impacted Workday's stock price?

Since the stock market crash in March caused by coronavirus, Workday's stock price has had significant positive movement.

Its last market close was $237.07, which is 22.44% up on its pre-crash value of $183.86 and 120.02% up on the lowest point reached during the March crash when the stocks fell as low as $107.75.

If you had bought $1,000 worth of Workday stocks at the start of February 2020, those stocks would have been worth $673.90 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,256.47.

Workday stock price

Use our graph to track the performance of WDAY stocks over time.

Workday stocks at a glance

Information last updated 2021-06-16.
Open$232.1
High$234.3825
Low$232.1
Close$232.425
Previous close$231.81
Change $0.615
Change % 0.2653%
Volume 193,665
Information last updated 2021-06-10.
52-week range$169.7 - $282.77
50-day moving average $236.0214
200-day moving average $241.6738
Wall St. target price$282.41
Dividend yield N/A (0%)
Earnings per share (TTM) $-2.229

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Available asset types Stock Fee Option Fee Account Fee ETF Transaction Cost Feature Table description
Wealthsimple Trade
Stocks, ETFs
$0
N/A
$0
Free
Deposit and trade $100 and get a $50 bonus.
Pay no commissions when you trade Canadian stocks and ETFs with Wealthsimple Trade.
Scotia iTRADE
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
$4.99-$9.99
$9.99 + $1.25 contract ($4.99 + $1.25 contract if completed 150 trades or more a quarter)
$0
$9.99 ($4.99 if completed 150 trades or more a quarter)
Pay no annual account fees.
Buy, sell and trade ETFs, Equities, Options and more with competitive commissions.
CIBC Investor's Edge
Stocks, Bonds, Options, Mutual Funds, ETFs
$4.95 - $6.95
$4.95 - $6.95 (+$1.25 per contract)
$0 if conditions met, otherwise $100/year
$6.95
$4.95 - $6.95 is applicable for online stock, ETF and option trades only. Pay $4.95 when you qualify as an Active Trader (trade 150+ times per quarter).
An intuitive and easy-to-use platform with access to a variety of tools that help you make smart decisions and trade with confidence.
Interactive Brokers
Stocks, Bonds, Options, ETFs, Currencies, Futures
Min. $1.00, Max. 0.5% of trade value
$1.50 min. per order
$0 (if monthly commissions are greater than or equal to US$10.00)
Min. $1.00, Max. 0.5% of trade value
Extensive trading capabilities and global investment tracking.
Access market data 24 hours a day, six days a week and invest in global stocks, options, futures, currencies, bonds and funds from one single account.
Questrade
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
$4.95-$9.95
$9.95 + $1 per contract
$0
Free
Get $50 in free trades when you fund your account with a minimum of $1,000.
Opt for self-directed investing and save on fees or get a pre-built portfolio and take some of the guesswork out.
Qtrade Direct Investing
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
$6.95 - $8.75
$6.95 - $8.75 + $1.25 per contract
$0 if conditions met, otherwise $25/quarter
$0 - $8.75
Trade 100 select ETFs free of charge.
Qtrade Direct Investing offers low trading commissions and an easy-to-use platform with access to powerful tools and a wide selection of investment options. Trade 100 ETFs free of charge and thousands more for $8.75 or lower.
loading

Compare up to 4 providers

Online stock trading

Is it a good time to buy Workday stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Workday price performance over time

Historical closes compared with the last close of $232.425

1 month (2021-05-14) 1.60%
3 months (2021-03-16) -9.60%
6 months (2020-12-16) 0.80%
1 year (2020-06-16) 28.31%
2 years (2019-06-14) 11.74%
3 years (2018-06-15) 81.45%
5 years (2016-06-16) 193.10%

Is Workday under- or over-valued?

Valuing Workday stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Workday's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Workday's PEG ratio

Workday's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.9841. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Workday's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.

Workday's EBITDA

Workday's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$162.2 million.

The EBITDA is a measure of a Workday's overall financial performance and is widely used to measure a its profitability.

Workday financials

Revenue TTM USD$4.5 billion
Gross profit TTM USD$3.1 billion
Return on assets TTM -1.12%
Return on equity TTM -5.68%
Profit margin -3.81%
Book value $13.843
Market capitalisation USD$56.2 billion

TTM: trailing 12 months

How to short and sell Workday stocks

  1. Create a CFD or spread betting account.
  2. Search for the stock code. E.g. "WDAY.US"
  3. Choose your position size.
  4. Select "sell" rather than "buy".
  5. Confirm your position and keep tabs on it. You may wish to set limits on your position.

There are currently 7.4 million Workday stocks held short by investors – that's known as Workday's "short interest". This figure is 6.5% up from 7.0 million last month.

There are a few different ways that this level of interest in shorting Workday stocks can be evaluated.

Workday's "short interest ratio" (SIR)

Workday's "short interest ratio" (SIR) is the quantity of Workday stocks currently shorted divided by the average quantity of Workday stocks traded daily (recently around 1.8 million). Workday's SIR currently stands at 4.08. In other words for every 100,000 Workday stocks traded daily on the market, roughly 4080 stocks are currently held short.

However Workday's short interest can also be evaluated against the total number of Workday stocks, or, against the total number of tradable Workday stocks (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Workday's short interest could be expressed as 0.03% of the outstanding stocks (for every 100,000 Workday stocks in existence, roughly 30 stocks are currently held short) or 0.0395% of the tradable stocks (for every 100,000 tradable Workday stocks, roughly 40 stocks are currently held short).

Such a low SIR usually points to an optimistic outlook for the stock price, with fewer people currently willing to bet against Workday.

Find out more about how you can short Workday stock.

Workday's environmental, social and governance track record

Environmental, social and governance (known as ESG) criteria are a set of three factors used to measure the sustainability and social impact of companies like Workday.

When it comes to ESG scores, lower is better, and lower scores are generally associated with lower risk for would-be investors.

Workday's total ESG risk score

Total ESG risk: 18.25

Socially conscious investors use ESG scores to screen how an investment aligns with their worldview, and Workday's overall score of 18.25 (as at 01/01/2019) is excellent – landing it in it in the 12nd percentile of companies rated in the same sector.

ESG scores are increasingly used to estimate the level of risk a company like Workday is exposed to within the areas of "environmental" (carbon footprint, resource use etc.), "social" (health and safety, human rights etc.), and "governance" (anti-corruption, tax transparency etc.).

Workday's environmental score

Environmental score: 4.18/100

Workday's environmental score of 4.18 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Workday is a leader in its sector terms of its environmental impact, and exposed to a lower level of risk.

Workday's social score

Social score: 11.83/100

Workday's social score of 11.83 puts it squarely in the 7th percentile of companies rated in the same sector. This could suggest that Workday is a leader in its sector when it comes to taking good care of its workforce and the communities it impacts.

Workday's governance score

Governance score: 11.73/100

Workday's governance score puts it squarely in the 7th percentile of companies rated in the same sector. That could suggest that Workday is a leader in its sector when it comes to responsible management and strategy, and exposed to a lower level of risk.

Environmental, social, and governance (ESG) summary

Workday, Inc was last rated for ESG on: 2019-01-01.

Total ESG score 18.25
Total ESG percentile 11.86
Environmental score 4.18
Environmental score percentile 7
Social score 11.83
Social score percentile 7
Governance score 11.73
Governance score percentile 7

Workday stock dividends

We're not expecting Workday to pay a dividend over the next 12 months. However, you can browse other dividend-paying stocks in our guide.

Workday stock price volatility

Over the last 12 months, Workday's stocks have ranged in value from as little as $169.7 up to $282.77. A popular way to gauge a stock's volatility is its "beta".

WDAY.US volatility(beta: 1.28)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a stocks volatility in relation to the market. The market (NASDAQ average) beta is 1, while Workday's is 1.2777. This would suggest that Workday's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Workday overview

Workday, Inc. provides enterprise cloud applications worldwide. Its applications help its customers to manage critical business functions and optimize their financial and human resources. The company offers a suite of financial management applications, which enable chief financial officers to maintain accounting information in the general ledger; manage financial processes; identify real-time financial, operational, and management insights; enhance financial consolidation; reduce time-to-close; promote internal control and auditability; and achieve consistency across finance operations. It also provides cloud spend management solutions; a suite of human capital management applications that allows organizations to manage the entire employee lifecycle from recruitment to retirement; Workday applications for planning; and applications for analytics and reporting, including augmented analytics to surface insights to the line of business in simple-to-understand stories, machine learning to drive efficiency and automation, and benchmarks to compare performance against other companies. In addition, the company offers Workday applications serving industries, such as healthcare, higher education, and professional services. It serves technology, financial services, business and professional services, healthcare and life sciences, manufacturing, retail, and hospitality industries; and educational institutions, government agencies, and nonprofit organizations. The company was formerly known as North Tahoe Power Tools, Inc. and changed its name to Workday, Inc. in July 2005. Workday, Inc. was founded in 2005 and is headquartered in Pleasanton, California.

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site