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Dayforce Inc (DAY)
NYSE:DAY
Holding DAY?
Track your performance easily
DAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.08 - $75.33
Previous Close$59.18
Volume795.04K
Average Volume (3M)1.75M
Market Cap
$9.47B
Enterprise Value$10.13B
Total Cash (Recent Filing)$465.40M
Total Debt (Recent Filing)$1.24B
Price to Earnings (P/E)200.6
Beta1.70
Next Earnings
Oct 30, 2024EPS Estimate
$0.43Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.29
Shares Outstanding158,100,000
10 Day Avg. Volume1,184,436
30 Day Avg. Volume1,754,667
Standard Deviation0.11
R-Squared0.35
Alpha-0.00950
Financial Highlights & Ratios
Price to Book (P/B)3.78
Price to Sales (P/S)5.71
Price to Cash Flow (P/CF)23.50
P/FCF Ratio24.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue6.21
Enterprise Value/Gross Profit15.67
Enterprise Value/Ebitda33.96
Forecast
1Y Price Target
$67.36Price Target Upside12.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
Dayforce Inc News
PremiumCompany Announcements
Dayforce Inc Announces Executive Leadership Restructuring
PremiumPress Releases
Dayforce Announces 2024 Investor Day
Bulls Say, Bears Say
Bulls Say
Financial PerformanceDayforce reported strong second-quarter results that outperformed consensus on most key metrics.
Market OpportunityThere is no questioning the improving execution by DAY and the large market opportunity it has, providing it with a long runway for sustained DD growth.
Share BuybackDayforce announced a new share-buyback program representing a repurchase authorization of $500 million.
Bears Say
Competitor LandscapeExpect competition in HCM to intensify in tough spend environment.
Financial MetricsShares lack a compelling risk reward at 5x CY25E EV/S & 46x EV/FCF relative to its low DD FCF margins and mid-teens ex float growth profile projected.
Market PerformanceAnalysts have noted a decline in the company's market performance.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
DAY FAQ
What was Dayforce Inc’s price range in the past 12 months?
Dayforce Inc lowest stock price was $47.08 and its highest was $75.33 in the past 12 months.
What is Dayforce Inc’s market cap?
Currently, no data Available
When is Dayforce Inc’s upcoming earnings report date?
Dayforce Inc’s upcoming earnings report date is Oct 30, 2024 which is in 40 days.
How were Dayforce Inc’s earnings last quarter?
Dayforce Inc released its earnings results on Jul 31, 2024. The company reported $0.48 earnings per share for the quarter, beating the consensus estimate of $0.363 by $0.117.
Is Dayforce Inc overvalued?
According to Wall Street analysts Dayforce Inc’s price is currently Undervalued.
Does Dayforce Inc pay dividends?
Dayforce Inc does not currently pay dividends.
What is Dayforce Inc’s EPS estimate?
Dayforce Inc’s EPS estimate is $0.43.
How many shares outstanding does Dayforce Inc have?
Dayforce Inc has 158,100,000 shares outstanding.
What happened to Dayforce Inc’s price movement after its last earnings report?
Dayforce Inc reported an EPS of $0.48 in its last earnings report, beating expectations of $0.363. Following the earnings report the stock price went up 10.432%.
Which hedge fund is a major shareholder of Dayforce Inc?
Among the largest hedge funds holding Dayforce Inc’s share is EdgePoint Investment Group Inc.. It holds Dayforce Inc’s shares valued at 521M.
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Dayforce Inc Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$67.36 (12.45% Upside)
$67.36 (12.45% Upside)
Blogger Sentiment
Bullish
DAY Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Increased
By 1.8M Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 3.1%
Last 30 Days ▲ 16.9%
Last 30 Days ▲ 16.9%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-18.19%
12-Months-Change
Fundamentals
Return on Equity
2.00%
Trailing 12-Months
Asset Growth
11.42%
Trailing 12-Months
Company Description
Dayforce Inc
Ceridian HCM Holding, Inc. engages in the development of human capital management software. It offers Dayforce, Powerpay, and Bureau products and services. The Dayforce provides human resources (HR), payroll, benefits, workforce management, and talent management functionality. The Powerpay is a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. The Bureau solutions offer payroll and payroll-related services using legacy technology. The company was founded on July 3, 2013 and is headquartered in Minneapolis, MN.
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DAY Earnings Call
Q2 2024
0:00 / 0:00
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DAY Revenue Breakdown
85.70% Recurring
14.30% Professional services and other
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DAY Stock 12 Month Forecast
Average Price Target
$67.36
▲(12.45% Upside)
Technical Analysis
Best Analysts Covering DAY
1 Year
1 Year Success Rate
11/18 ratings generated profit
1 Year Average Return
+17.01%
reiterated a buy rating 2 months ago
Copying Daniel Jester's trades and holding each position for 1 Year would result in 61.11% of your transactions generating a profit, with an average return of +17.01% per trade.
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