Dayforce (DAY) Stock Price, News & Analysis

Company Overview

Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides payroll and payroll-related services; and implementation and professional services. It sells its solutions through direct sales force and third-party channels. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce Inc. in February 2024. Dayforce Inc. was founded in 1992 and is headquartered in Minneapolis, Minnesota.

Key Stats

• Today's Range: $54.42 to $57.80
• 50-Day Range: $54.25 to $60.62
• 52-Week Range: $48.01 to $82.69
• Volume: 1.80 million shs
• Average Volume: 1.25 million shs
• Market Capitalization: $8.84 billion
• P/E Ratio: 345.65
• Dividend Yield: N/A
• Price Target: $70.86
• Consensus Rating: Moderate Buy

Dayforce Stock Analysis - MarketRank™

Dayforce scored higher than 71% of companies evaluated by MarketBeat, and ranked 256th out of 659 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Dayforce has received a consensus rating of Moderate Buy. The company's average rating score is 2.60, and is based on 10 buy ratings, 4 hold ratings, and 1 sell rating.

Amount of Analyst Coverage

Dayforce has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 20.95%

Earnings Growth

Earnings for Dayforce are expected to grow by 20.95% in the coming year, from $1.48 to $1.79 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Dayforce is 345.65, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 28.09.

Price to Earnings Ratio vs. Sector

The P/E ratio of Dayforce is 345.65, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 48.09.

Price to Earnings Growth Ratio

Dayforce has a PEG Ratio of 2.24. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Dayforce has a P/B Ratio of 3.45. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.30% of the float of Dayforce has been sold short.

Short Interest Ratio / Days to Cover

Dayforce has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dayforce has recently increased by 11.64%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Dayforce does not currently pay a dividend.

Dividend Growth

Dayforce does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

4.30% of the float of Dayforce has been sold short.

Short Interest Ratio / Days to Cover

Dayforce has a short interest ratio ("days to cover") of 3.5, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Dayforce has recently increased by 11.64%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.62

News Sentiment

Dayforce has a news sentiment score of 0.62. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for Dayforce this week, compared to 9 articles on an average week.

MarketBeat Follows

4 people have added Dayforce to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Dayforce insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $539,860.00 in company stock.

Percentage Held by Insiders

Only 4.50% of the stock of Dayforce is held by insiders.

DAY Stock Analysis - Frequently Asked Questions

How have DAY shares performed this year?

Dayforce's stock was trading at $72.64 at the start of the year. Since then, DAY stock has decreased by 23.9% and is now trading at $55.30.

How were Dayforce's earnings last quarter?

Dayforce, Inc. (NYSE:DAY) released its quarterly earnings data on Wednesday, February, 5th. The company reported $0.37 EPS for the quarter, missing analysts' consensus estimates of $0.46 by $0.09. Dayforce had a net margin of 1.43% and a trailing twelve-month return on equity of 6.97%.
Read the conference call transcript.

Who are Dayforce's major shareholders?

Dayforce's top institutional investors include Chevy Chase Trust Holdings LLC (0.05%), LBP AM SA (0.04%), Assenagon Asset Management S.A. (0.03%) and Public Employees Retirement System of Ohio (0.03%). Insiders that own company stock include David D Ossip, Stephen H Holdridge, Christopher R Armstrong, Samer Alkharrat, William Everett Mcdonald, William Everett Mcdonald and Jeffrey Scott Jacobs.
View institutional ownership trends.

How do I buy shares of Dayforce?

Shares of DAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Dayforce own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Dayforce investors own include American Water Works (AWK), AU Optronics (AUOTY), The RMR Group (RMR), Waste Connections (WCN), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 2/05/2025
• Today: 8/01/2025
• Next Earnings (Estimated): 8/06/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NYSE:DAY
• Previous Symbol: NYSE:DAY
• CIK: 1725057
• Web: www.ceridian.com
• Phone: 952-853-8100
• Fax: N/A
• Employees: 9,600
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Dayforce: $70.86
• High Price Target: $95.00
• Low Price Target: $50.00
• Potential Upside/Downside: +28.1%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.60
• Research Coverage: 15 Analysts

Profitability

• EPS (Trailing Twelve Months): $0.16
• Trailing P/E Ratio: 345.65
• Forward P/E Ratio: 37.36
• P/E Growth: 2.24
• Net Income: $18.10 million
• Net Margins: 1.43%
• Pretax Margin: 2.12%
• Return on Equity: 6.97%
• Return on Assets: 1.98%

Debt

• Debt-to-Equity Ratio: 0.24
• Current Ratio: 1.02
• Quick Ratio: 1.02

Sales & Book Value

• Annual Sales: $1.76 billion
• Price / Sales: 5.02
• Cash Flow: $2.25 per share
• Price / Cash Flow: 24.57
• Book Value: $16.01 per share
• Price / Book: 3.45

Miscellaneous

• Outstanding Shares: 159,880,000
• Free Float: 152,686,000
• Market Cap: $8.84 billion
• Optionable: N/A
• Beta: 1.11