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NYSE:CDAY

Ceridian HCM (CDAY) Stock Forecast, Price & News

$61.76
+0.06 (+0.10%)
(As of 02:39 PM ET)
Compare
Today's Range
$60.45
$62.08
50-Day Range
$56.70
$73.22
52-Week Range
$43.23
$79.66
Volume
664,663 shs
Average Volume
1.28 million shs
Market Capitalization
$9.45 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$78.79

Ceridian HCM MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.58 Rating Score
Upside/​Downside
28.4% Upside
$78.79 Price Target
Short Interest
Bearish
7.69% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
1.07mentions of Ceridian HCM in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.54 M Sold Last Quarter
Proj. Earnings Growth
65.71%
From $0.35 to $0.58 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Computer And Technology Sector

212th out of 621 stocks

Prepackaged Software Industry

54th out of 219 stocks


CDAY stock logo

About Ceridian HCM (NYSE:CDAY) Stock

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. 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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CDAY Stock News Headlines

Ceridian Announces Dayforce Career Explorer
The Ignored EV Story Few Investors Know About
Lithium may grab all the headlines, but the average electric vehicle requires 146 pounds of the mineral graphite. With no producing graphite mines in North America, the U.S. government is desperate for more domestic sources of the metal to feed the EV battery supply chain.
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
What 14 Analyst Ratings Have To Say About Ceridian HCM Holding
Ceridian HCM Q1 2023 Earnings Preview
Q1 2023 Ceridian HCM Holding Inc Earnings Call
See More Headlines
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CDAY Company Calendar

Last Earnings
5/03/2023
Today
5/31/2023
Next Earnings (Estimated)
8/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
8,526
Year Founded
1992

Price Target and Rating

Average Stock Price Forecast
$78.79
High Stock Price Forecast
$95.00
Low Stock Price Forecast
$65.00
Forecasted Upside/Downside
+27.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.58
Research Coverage
12 Analysts

Profitability

Net Income
$-73,400,000.00
Pretax Margin
-0.76%

Debt

Sales & Book Value

Annual Sales
$1.25 billion
Cash Flow
$0.45 per share
Book Value
$14.33 per share

Miscellaneous

Free Float
146,189,000
Market Cap
$9.45 billion
Optionable
Optionable
Beta
1.44

Social Links


Key Executives

  • David D. OssipDavid D. Ossip
    Chairman & Co-Chief Executive Officer
  • Leagh E. Turner
    President, Co-Chief Executive Officer & Director
  • Chris Armstrong
    Chief Operating Officer & Executive Vice President
  • Noemie C. Heuland
    Chief Financial Officer & Executive Vice President
  • Joseph B. KorngiebelJoseph B. Korngiebel
    Executive VP, Chief Product & Technology Officer













CDAY Stock - Frequently Asked Questions

Should I buy or sell Ceridian HCM stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last year. There are currently 5 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" CDAY shares.
View CDAY analyst ratings
or view top-rated stocks.

What is Ceridian HCM's stock price forecast for 2023?

12 analysts have issued 12-month price objectives for Ceridian HCM's stock. Their CDAY share price forecasts range from $65.00 to $95.00. On average, they predict the company's stock price to reach $78.79 in the next year. This suggests a possible upside of 27.6% from the stock's current price.
View analysts price targets for CDAY
or view top-rated stocks among Wall Street analysts.

How have CDAY shares performed in 2023?

Ceridian HCM's stock was trading at $64.15 at the beginning of the year. Since then, CDAY shares have decreased by 3.8% and is now trading at $61.74.
View the best growth stocks for 2023 here
.

Are investors shorting Ceridian HCM?

Ceridian HCM saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 11,440,000 shares, an increase of 6.7% from the April 30th total of 10,720,000 shares. Based on an average daily volume of 1,280,000 shares, the days-to-cover ratio is currently 8.9 days. Approximately 7.7% of the company's stock are short sold.
View Ceridian HCM's Short Interest
.

When is Ceridian HCM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our CDAY earnings forecast
.

How were Ceridian HCM's earnings last quarter?

Ceridian HCM Holding Inc. (NYSE:CDAY) posted its quarterly earnings results on Wednesday, May, 3rd. The company reported $0.05 earnings per share for the quarter, missing analysts' consensus estimates of $0.10 by $0.05. The company earned $370.60 million during the quarter, compared to analysts' expectations of $360.77 million. Ceridian HCM had a negative net margin of 2.73% and a negative trailing twelve-month return on equity of 0.02%.

What guidance has Ceridian HCM issued on next quarter's earnings?

Ceridian HCM updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $356.00 million-$360.00 million, compared to the consensus revenue estimate of $362.54 million.

What is David Ossip's approval rating as Ceridian HCM's CEO?

902 employees have rated Ceridian HCM Chief Executive Officer David Ossip on Glassdoor.com. David Ossip has an approval rating of 92% among the company's employees. This puts David Ossip in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Ceridian HCM own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceridian HCM investors own include Workday (WDAY), Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), Alteryx (AYX), Costco Wholesale (COST), ServiceNow (NOW), Paycom Software (PAYC) and Tesla (TSLA).

When did Ceridian HCM IPO?

(CDAY) raised $420 million in an initial public offering (IPO) on Thursday, April 26th 2018. The company issued 21,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Credit Suisse and Deutsche Bank Securities acted as the underwriters for the IPO and Barclays, Citigroup, Jefferies, CIBC Capital Markets, Wells Fargo Securities, Baird, Canaccord Genuity, Piper Jaffray, William Blair and MUFG were co-managers.

What is Ceridian HCM's stock symbol?

Ceridian HCM trades on the New York Stock Exchange (NYSE) under the ticker symbol "CDAY."

Who are Ceridian HCM's major shareholders?

Ceridian HCM's stock is owned by many different retail and institutional investors. Top institutional investors include Price T Rowe Associates Inc. MD (13.33%), Select Equity Group L.P. (10.78%), Davidson Kempner Capital Management LP (0.00%), Cannae Holdings Inc. (3.27%), Geode Capital Management LLC (2.08%) and Artisan Partners Limited Partnership (2.03%). Insiders that own company stock include Christopher R Armstrong, David D Ossip, Gerald C Throop, Jeffrey Scott Jacobs, Joseph B Korngiebel, Leagh Erin Turner, Noemie Clemence Heuland, Rakesh Subramanian, Scott A Kitching, Thomas H Lee Advisors, Llc, Thomas M Hagerty and William Everett Mcdonald.
View institutional ownership trends
.

How do I buy shares of Ceridian HCM?

Shares of CDAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Ceridian HCM's stock price today?

One share of CDAY stock can currently be purchased for approximately $61.74.

How much money does Ceridian HCM make?

Ceridian HCM (NYSE:CDAY) has a market capitalization of $9.45 billion and generates $1.25 billion in revenue each year. The company earns $-73,400,000.00 in net income (profit) each year or ($0.24) on an earnings per share basis.

How many employees does Ceridian HCM have?

The company employs 8,526 workers across the globe.

Does Ceridian HCM have any subsidiaries?
The following companies are subsidiares of Ceridian HCM: ABR Properties LLC, ADAM HCM MEXICO S. de R.L. de C.V., ADAM Human Capital Management, ATI ROW LLC, Ascender (Thailand) Co Ltd, Ascender Capital (Thailand) Co. Ltd., Ascender Cloud Services Pty Ltd, Ascender HCM Asia Pte Ltd - Philippines ROHQ, Ascender HCM Australia Pty Ltd, Ascender HCM Holdings Pty Ltd, Ascender HCM Malaysia Sdn. Bhd., Ascender HCM New Zealand Limited, Ascender HCM PS Pty Ltd, Ascender HCM Pty Limited, Ascender HK Limited, Ascender India Private Limited, Ascender Japan, Ascender Japan KK, Ascender Korea Limited, Ascender PST Pty Ltd, Ascender Pay ANZ Pty Ltd, Ascender Pay Pty Ltd, Ascender Pay Pty Ltd - PNG Branch, Ascender PeopleStreme Australia Pty Ltd, Ascender PeopleStreme Pty Ltd, Ascender PeopleStreme Software Pty Ltd, Australian Payroll Services Pty Ltd, Ceridian (Mauritius) Learning Centre Ltd, Ceridian (Mauritius) Ltd, Ceridian APJ ACQ Pty Ltd, Ceridian APJ Pty Ltd, Ceridian Acquisitionco ULC, Ceridian Australia Pty Ltd, Ceridian Canada Ltd., Ceridian Canada Services Ltd., Ceridian Cares, Ceridian Cares U.S., Ceridian Dayforce, Ceridian Dayforce Corporation, Ceridian Dayforce Germany GmbH, Ceridian Dayforce Inc., Ceridian Dayforce Ireland Limited, Ceridian Dayforce Licensing LLC, Ceridian Dayforce México S. de R.L. de C.V., Ceridian Dayforce Singapore Pte Ltd - Taiwan Branch, Ceridian Dayforce Singapore Pte. Ltd., Ceridian Europe Limited, Ceridian Global Holding Company Inc., Ceridian Global UK Holding Company Limited, Ceridian HCM Inc., Ceridian Holdings UK Limited, Ceridian National Trust Bank, Ceridian New Zealand Limited, Ceridian Services LLC, Ceridian Tax Service Inc., Clearview Logix, DataFuzion Inc., Dayforce, Dayforce Receivables LLC, Dayforce Talent LLC, Excelity, Excelity Australia Pty Ltd, Excelity Global Solutions Pte Ltd, Excelity HCM Solutions SDN. BHD., Excelity Philippines Inc., Excelity Singapore Pte Ltd, Ideal, Lusworth Pty Limited, NIS Holdings Australia Pty Ltd, NIS Operations Australia Pty Ltd, Neller Employer Services Pty Ltd, O5 Systems Inc., Pacific Payroll Australia Holdings Pty Ltd, Pacific Payroll Finance Pty Ltd, Pacific Payroll Holdings Pty Ltd, Pacific Payroll Holdings Trust, Pacific Payroll International Holdings Pty Ltd, Pacific Payroll International Holdings Trust, Pacific Payroll International Pty Ltd, Pacific Payroll International Trust, Pacific Payroll Partners Pty Ltd, Pacific Payroll Partners Singapore Pte Ltd, Payfront Technologies India Private Limited, Paysa, Pinfeng (Shanghai) Information Technology Co. Ltd., Preceda Holdings Pty Ltd, RITEQ, RITEQ Limited, RITEQ Pty Ltd, Talent2 HRBPO Corporation, The Association for Payroll Specialists Pty Ltd, Vedelem Pty. Ltd., Versult, YI Sai (Shanghai) Human Resources Management Co. Ltd., Zapper (Vietnam) Co Ltd, Zapper Philippines BPO Inc., Zapper Services Consultancy (Shanghai) Limited, i-Zapp Cebu Corporation, and iZapper Sdn Bhd.
Read More
How can I contact Ceridian HCM?

Ceridian HCM's mailing address is 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN, 55425. The official website for the company is www.ceridian.com. The company can be reached via phone at (952) 853-8100 or via email at investors@ceridian.com.

This page (NYSE:CDAY) was last updated on 5/31/2023 by MarketBeat.com Staff

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