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Dayforce Inc (DAY)
NYSE:DAY
Holding DAY?
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DAY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$47.08 - $81.33
Previous Close$78.7
Volume379.28K
Average Volume (3M)1.46M
Market Cap
$12.59B
Enterprise Value$13.15B
Total Cash (Recent Filing)$494.10M
Total Debt (Recent Filing)$1.24B
Price to Earnings (P/E)237.0
Beta1.54
Next Earnings
Feb 05, 2025EPS Estimate
$0.45Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.33
Shares Outstanding157,700,000
10 Day Avg. Volume1,598,791
30 Day Avg. Volume1,458,419
Standard Deviation0.11
R-Squared0.34
Alpha-0.00212
Financial Highlights & Ratios
Price to Book (P/B)4.68
Price to Sales (P/S)6.96
Price to Cash Flow (P/CF)32.10
P/FCF Ratio32.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.76
Enterprise Value/Gross Profit20.35
Enterprise Value/Ebitda41.44
Forecast
1Y Price Target
$76.67Price Target Upside-3.98% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering13
Dayforce Inc News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceManagement's focus on profitability and driving free cash flow margin expansion of 100-200 basis points yearly reflects a strong emphasis on financial health.
Growth StrategyAn updated total addressable market estimate of $52 billion suggests significant growth opportunities for Dayforce, driven by new customer acquisition and expanding internationally.
Product InnovationDayforce's suite of AI products is expected to contribute 5-7% of revenue longer-term, highlighting a strong commitment to innovation.
Bears Say
Market Perception And ExpectationsThere is skepticism surrounding the lack of transparency surrounding underlying assumptions.
Revenue And GuidanceThe company’s fourth-quarter guidance was slightly below consensus due to elongated sales cycles and a pull-forward of some professional services revenue into the third quarter.
Stock ValuationShares are yielding a relatively full valuation at 41x CY26E EV/FCF, indicating limited room for further positive movement.
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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 $81.33 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 Feb 05, 2025 which is in 75 days.
How were Dayforce Inc’s earnings last quarter?
Dayforce Inc released its earnings results on Oct 30, 2024. The company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.43 by $0.04.
Is Dayforce Inc overvalued?
According to Wall Street analysts Dayforce Inc’s price is currently Overvalued.
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 $0.45.
How many shares outstanding does Dayforce Inc have?
Dayforce Inc has 157,700,000 shares outstanding.
What happened to Dayforce Inc’s price movement after its last earnings report?
Dayforce Inc reported an EPS of $0.47 in its last earnings report, beating expectations of $0.43. Following the earnings report the stock price went up 7.287%.
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 651M.
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Dayforce Inc Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
$76.67 (-3.98% Downside)
$76.67 (-3.98% Downside)
Blogger Sentiment
Bullish
DAY Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 67.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.3%
Last 30 Days ▲ 38.4%
Last 30 Days ▲ 38.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
14.99%
12-Months-Change
Fundamentals
Return on Equity
2.19%
Trailing 12-Months
Asset Growth
-9.24%
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
Q3 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
$76.67
▼(-3.98% Downside)
Technical Analysis
Best Analysts Covering DAY
1 Year
1 Year Success Rate
14/20 ratings generated profit
1 Year Average Return
+22.90%
reiterated a buy rating 10 days ago
Copying Daniel Jester's trades and holding each position for 1 Year would result in 70.00% of your transactions generating a profit, with an average return of +22.90% per trade.
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