Dayforce Stock Analysis

DAY Stock   70.57  0.83  1.16%   
Dayforce is undervalued with Real Value of 76.01 and Target Price of 83.56. The main objective of Dayforce stock analysis is to determine its intrinsic value, which is an estimate of what Dayforce is worth, separate from its market price. There are two main types of Dayforce's stock analysis: fundamental analysis and technical analysis.
The Dayforce stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Dayforce is usually not traded on Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, National Mourning Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day. Dayforce Stock trading window is adjusted to America/New York timezone.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Dayforce. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
For more information on how to buy Dayforce Stock please use our How to Invest in Dayforce guide.

Dayforce Stock Analysis Notes

About 99.0% of the company shares are held by institutions such as insurance companies. The book value of Dayforce was currently reported as 16.2. The company had not issued any dividends in recent years. To learn more about Dayforce call David Ossip at 952 853 8100 or check out https://www.dayforce.com.

Dayforce Quarterly Total Revenue

440 Million

Dayforce Investment Alerts

Dayforce generated a negative expected return over the last 90 days
Dayforce was previously known as CDAY Old and was traded on NASDAQ Exchange under the symbol CDAY.
Over 99.0% of the company shares are held by institutions such as insurance companies
Latest headline from gurufocus.com: Dayforce Inc Announces Upcoming Financial Results Release

Dayforce Largest EPS Surprises

Earnings surprises can significantly impact Dayforce's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2019-11-07
2019-09-300.10.110.0110 
2021-08-04
2021-06-300.040.060.0250 
2021-02-09
2020-12-310.070.090.0228 
View All Earnings Estimates

Dayforce Environmental, Social, and Governance (ESG) Scores

Dayforce's ESG score is a quantitative measure that evaluates Dayforce's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Dayforce's operations that may have significant financial implications and affect Dayforce's stock price as well as guide investors towards more socially responsible investments.

Dayforce Stock Institutional Investors

Shares
Hhg Plc2024-09-30
5.7 M
Geode Capital Management, Llc2024-09-30
3.8 M
Bamco Inc2024-09-30
3.5 M
Morgan Stanley - Brokerage Accounts2024-09-30
M
Amvescap Plc.2024-09-30
2.8 M
Charles Schwab Investment Management Inc2024-09-30
1.4 M
Northern Trust Corp
1.3 M
Dimensional Fund Advisors, Inc.2024-09-30
1.3 M
Bank Of New York Mellon Corp2024-09-30
1.1 M
Capital Research Global Investors2024-09-30
18.2 M
Vanguard Group Inc2024-09-30
17.1 M
Note, although Dayforce's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Dayforce Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 11.13 B.

Dayforce Profitablity

The company has Net Profit Margin of 0.03 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.06 %, which entails that for every 100 dollars of revenue, it generated $0.06 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.04  0.04 
Return On Assets 0.01  0.01 
Return On Equity 0.02  0.02 

Management Efficiency

Return On Tangible Assets is likely to rise to 0.01 in 2025. Return On Capital Employed is likely to rise to 0.04 in 2025. At this time, Dayforce's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 6.2 B in 2025, whereas Total Assets are likely to drop slightly above 7.6 B in 2025. Dayforce's management efficiency ratios could be used to measure how well Dayforce manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 17.76  16.27 
Tangible Book Value Per Share(0.73)(0.77)
Enterprise Value Over EBITDA 37.75  35.86 
Price Book Value Ratio 3.91  3.30 
Enterprise Value Multiple 37.75  35.86 
Price Fair Value 3.91  3.30 
Enterprise Value14.5 B15.3 B
Evaluating the management effectiveness of Dayforce allows investors to assess its financial health and operational efficiency. Coupled with an analysis of its growth prospects and the current market dynamics, we evaluate the stock's true value and future potential. Key indicators such as revenue, earnings or debt levels are examined alongside external factors like economic trends and regulatory changes. The Dayforce Stock analysis seeks to determine whether the stock is undervalued, appropriately priced, or overvalued, thereby guiding your investment decisions.
Operating Margin
0.0621
Profit Margin
0.0312
Beta
1.271
Return On Assets
0.0078
Return On Equity
0.0219

Technical Drivers

As of the 31st of January, Dayforce shows the Coefficient Of Variation of 1438.82, downside deviation of 2.06, and Mean Deviation of 1.38. Dayforce technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.

Dayforce Price Movement Analysis

Execute Study
The output start index for this execution was fourty-four with a total number of output elements of seventeen. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Dayforce middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Dayforce. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Dayforce Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Dayforce insiders, such as employees or executives, is commonly permitted as long as it does not rely on Dayforce's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Dayforce insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Dayforce Outstanding Bonds

Dayforce issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Dayforce uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Dayforce bonds can be classified according to their maturity, which is the date when Dayforce has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Dayforce Predictive Daily Indicators

Dayforce intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Dayforce stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Dayforce Corporate Filings

F4
17th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
31st of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
17th of December 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
27th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
F4
19th of November 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
13A
14th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
13A
13th of November 2024
The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934
ViewVerify
13A
12th of November 2024
An amended filing to the original Schedule 13G
ViewVerify

Dayforce Forecast Models

Dayforce's time-series forecasting models are one of many Dayforce's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Dayforce's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Dayforce Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Dayforce prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Dayforce shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Dayforce. By using and applying Dayforce Stock analysis, traders can create a robust methodology for identifying Dayforce entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.06  0.06 
Operating Profit Margin 0.10  0.11 
Net Profit Margin 0.03  0.03 
Gross Profit Margin 0.38  0.32 

Current Dayforce Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Dayforce analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Dayforce analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
83.56Buy20Odds
Dayforce current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Dayforce analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Dayforce stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Dayforce, talking to its executives and customers, or listening to Dayforce conference calls.
Dayforce Analyst Advice Details

Dayforce Stock Analysis Indicators

Dayforce stock analysis indicators help investors evaluate how Dayforce stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Dayforce shares will generate the highest return on investment. By understating and applying Dayforce stock analysis, traders can identify Dayforce position entry and exit signals to maximize returns.
Begin Period Cash Flow3.2 B
Total Stockholder Equity2.4 B
Capital Lease Obligations25.9 M
Property Plant And Equipment Net229.2 M
Cash And Short Term Investments570.3 M
Cash570.3 M
50 Day M A74.8414
Net Interest Income-35.9 M
Total Current Liabilities5.3 B
Forward Price Earnings21.978
Investments-62.4 M
Interest Expense36.1 M
Stock Based Compensation136.7 M
Long Term Debt1.2 B
Common Stock Shares Outstanding158.5 M
Tax Provision54 M
Quarterly Earnings Growth Y O Y-0.333
Accounts Payable66.7 M
Net Debt673.3 M
Other Operating Expenses1.4 B
Non Current Assets Total3.1 B
Liabilities And Stockholders EquityB
Non Currrent Assets Other302.4 M

Additional Tools for Dayforce Stock Analysis

When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.