NYSE:CDAY - Ceridian HCM Stock Price, Forecast & News

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

Ceridian HCM Holding Inc (NYSE:CDAY) announced its earnings results on Thursday, November, 7th. The company reported $0.11 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.07 by $0.04. The business had revenue of $202.30 million for the quarter, compared to the consensus estimate of $196.52 million. Ceridian HCM had a net margin of 11.34% and a return on equity of 2.24%. The business's revenue for the quarter was up 13.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.10 earnings per share. View Ceridian HCM's Earnings History.

Ceridian HCM is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Ceridian HCM.

Ceridian HCM updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $$822-825 million, compared to the consensus revenue estimate of $$814.24 million.

14 brokerages have issued 1-year price targets for Ceridian HCM's stock. Their forecasts range from $37.00 to $71.00. On average, they anticipate Ceridian HCM's stock price to reach $58.38 in the next twelve months. This suggests that the stock has a possible downside of 6.5%. View Analyst Price Targets for Ceridian HCM.

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last year. There are currently 5 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ceridian HCM.

News articles about CDAY stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ceridian HCM earned a media sentiment score of -3.0 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the company's share price in the next several days. View News Stories for Ceridian HCM.

Ceridian HCM saw a increase in short interest during the month of October. As of October 15th, there was short interest totalling 7,140,000 shares, an increase of 15.9% from the September 15th total of 6,160,000 shares. Based on an average daily volume of 1,060,000 shares, the short-interest ratio is currently 6.7 days. Currently, 8.2% of the company's stock are short sold. View Ceridian HCM's Current Options Chain.

Some companies that are related to Ceridian HCM include Electronic Arts (EA), Square (SQ), Splunk (SPLK), Veeva Systems (VEEV), ANSYS (ANSS), Synopsys (SNPS), Cadence Design Systems (CDNS), Check Point Software Technologies (CHKP), NortonLifeLock (NLOK), Symantec (SYMC), Paycom Software (PAYC), Atlassian (TEAM), SS&C Technologies (SSNC), Tableau Software (DATA) and Citrix Systems (CTXS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Ceridian HCM investors own include Workday (WDAY), Alteryx (AYX), CTR COAST MLP &/COM (CEN), Costco Wholesale (COST), NVIDIA (NVDA), Ferrellgas Partners (FGP), Union Pacific (UNP), Adobe (ADBE), Five Below (FIVE) and The Ultimate Software Group (ULTI).

(CDAY) raised $420 million in an 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 served 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.

Ceridian HCM's stock is owned by many different of institutional and retail investors. Top institutional investors include Thomas H Lee Partners LP (16.53%), Select Equity Group L.P. (5.86%), State Street Corp (0.65%), First Trust Advisors LP (0.33%), JS Capital Management LLC (0.22%) and Fisher Asset Management LLC (0.13%). Company insiders that own Ceridian HCM stock include Arthur Gitajn, Cannae Holdings, Inc, David D Ossip, Lisa M Sterling, Ozzie J Goldschmied, Paul D Elliott, Scott A Kitching and Thomas H Lee Advisors, Llc. View Institutional Ownership Trends for Ceridian HCM.

CDAY stock was sold by a variety of institutional investors in the last quarter, including Thomas H Lee Partners LP, JS Capital Management LLC, Stifel Financial Corp and Barclays PLC. Company insiders that have sold Ceridian HCM company stock in the last year include Arthur Gitajn, Cannae Holdings, Inc, David D Ossip, Lisa M Sterling, Ozzie J Goldschmied, Paul D Elliott, Scott A Kitching and Thomas H Lee Advisors, Llc. View Insider Buying and Selling for Ceridian HCM.

CDAY stock was purchased by a variety of institutional investors in the last quarter, including Select Equity Group L.P., First Trust Advisors LP, State Street Corp, Fisher Asset Management LLC, Segantii Capital Management Ltd, York Capital Management Global Advisors LLC, California Public Employees Retirement System and California State Teachers Retirement System. View Insider Buying and Selling for Ceridian HCM.

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

One share of CDAY stock can currently be purchased for approximately $62.47.

Ceridian HCM has a market capitalization of $8.99 billion and generates $746.40 million in revenue each year. The company earns $-63,400,000.00 in net income (profit) each year or ($0.05) on an earnings per share basis. Ceridian HCM employs 4,444 workers across the globe.View Additional Information About Ceridian HCM.

The official website for Ceridian HCM is http://www.ceridian.com/.

Ceridian HCM's mailing address is 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN, 55425. The company can be reached via phone at 952-853-8100 or via email at [email protected]