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Dayforce (DAY) Competitors

$54.18
-1.98 (-3.53%)
(As of 05/28/2024 ET)

DAY vs. CDAY, GWRE, PCTY, CYBR, PAYC, TWLO, MNDY, GTLB, APPF, and INFA

Should you be buying Dayforce stock or one of its competitors? The main competitors of Dayforce include Ceridian HCM (CDAY), Guidewire Software (GWRE), Paylocity (PCTY), CyberArk Software (CYBR), Paycom Software (PAYC), Twilio (TWLO), monday.com (MNDY), GitLab (GTLB), AppFolio (APPF), and Informatica (INFA). These companies are all part of the "prepackaged software" industry.

Dayforce vs.

Dayforce (NYSE:DAY) and Ceridian HCM (NYSE:CDAY) are both mid-cap computer and technology companies, but which is the better business? We will compare the two companies based on the strength of their valuation, earnings, dividends, analyst recommendations, community ranking, risk, profitability, media sentiment and institutional ownership.

In the previous week, Dayforce had 5 more articles in the media than Ceridian HCM. MarketBeat recorded 7 mentions for Dayforce and 2 mentions for Ceridian HCM. Ceridian HCM's average media sentiment score of 1.56 beat Dayforce's score of 0.53 indicating that Ceridian HCM is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dayforce
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Ceridian HCM
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Dayforce has higher revenue and earnings than Ceridian HCM. Dayforce is trading at a lower price-to-earnings ratio than Ceridian HCM, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dayforce$1.51B5.65$54.80M$0.33164.19
Ceridian HCM$1.45B6.05-$73.40M$0.031,872.00

Dayforce has a beta of 1.3, meaning that its share price is 30% more volatile than the S&P 500. Comparatively, Ceridian HCM has a beta of 1.38, meaning that its share price is 38% more volatile than the S&P 500.

Dayforce has a net margin of 3.30% compared to Ceridian HCM's net margin of 0.28%. Dayforce's return on equity of 5.38% beat Ceridian HCM's return on equity.

Company Net Margins Return on Equity Return on Assets
Dayforce3.30% 5.38% 1.36%
Ceridian HCM 0.28%2.03%0.51%

Dayforce presently has a consensus price target of $72.50, suggesting a potential upside of 33.81%. Ceridian HCM has a consensus price target of $76.80, suggesting a potential upside of 36.75%. Given Ceridian HCM's higher probable upside, analysts clearly believe Ceridian HCM is more favorable than Dayforce.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dayforce
0 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.57
Ceridian HCM
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50

Ceridian HCM received 296 more outperform votes than Dayforce when rated by MarketBeat users. Likewise, 57.55% of users gave Ceridian HCM an outperform vote while only 45.45% of users gave Dayforce an outperform vote.

CompanyUnderperformOutperform
DayforceOutperform Votes
5
45.45%
Underperform Votes
6
54.55%
Ceridian HCMOutperform Votes
301
57.55%
Underperform Votes
222
42.45%

Summary

Dayforce and Ceridian HCM tied by winning 8 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding DAY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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DAY vs. The Competition

MetricDayforcePrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$8.56B$21.80B$20.83B$17.67B
Dividend YieldN/A1.79%2.73%3.53%
P/E Ratio164.1964.61238.6324.01
Price / Sales5.658.35541.5410.25
Price / Cash36.8070.0929.1915.71
Price / Book3.539.887.065.08
Net Income$54.80M$362.45M$615.11M$975.44M
7 Day Performance-11.25%-2.63%-0.42%-1.62%
1 Month Performance-11.15%-1.87%3.17%4.31%
1 Year PerformanceN/A9.75%28.03%23.03%

Dayforce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDAY
Ceridian HCM
2.5925 of 5 stars
$63.33
+1.3%
$76.80
+21.3%
-10.1%$9.89B$1.45B2,111.708,526Positive News
GWRE
Guidewire Software
2.3565 of 5 stars
$122.92
+1.0%
$115.11
-6.4%
+48.9%$10.12B$925.75M-198.253,415Upcoming Earnings
PCTY
Paylocity
4.9343 of 5 stars
$172.97
+0.5%
$196.67
+13.7%
-11.0%$9.76B$1.17B50.286,100Positive News
CYBR
CyberArk Software
2.4596 of 5 stars
$246.33
+0.7%
$265.63
+7.8%
+55.9%$10.41B$811.73M-384.893,018Short Interest ↑
Positive News
PAYC
Paycom Software
4.9854 of 5 stars
$182.28
+0.7%
$246.31
+35.1%
-39.2%$10.59B$1.69B22.207,308Analyst Upgrade
TWLO
Twilio
4.4934 of 5 stars
$62.08
+0.9%
$69.95
+12.7%
-1.7%$10.63B$4.15B-15.485,867
MNDY
monday.com
1.3352 of 5 stars
$228.83
+0.2%
$252.50
+10.3%
+45.6%$11.05B$729.70M602.201,168
GTLB
GitLab
4.0021 of 5 stars
$56.26
-0.4%
$70.50
+25.3%
+59.2%$8.92B$579.91M-20.462,130Upcoming Earnings
Positive News
APPF
AppFolio
3.0818 of 5 stars
$240.59
-2.5%
$241.00
+0.2%
+61.3%$8.71B$620.45M116.231,504Short Interest ↓
Positive News
INFA
Informatica
3.2956 of 5 stars
$29.52
-0.1%
$35.45
+20.1%
+80.0%$8.71B$1.60B-1,476.005,000Short Interest ↓
Positive News

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This page (NYSE:DAY) was last updated on 5/28/2024 by MarketBeat.com Staff

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