Ceridian HCM (CDAY) Stock Price, News & Analysis

$62.50
-0.10 (-0.16%)
(As of 05/16/2024 ET)
Today's Range
$61.80
$63.05
50-Day Range
$57.73
$70.89
52-Week Range
$55.62
$79.66
Volume
1.32 million shs
Average Volume
1.31 million shs
Market Capitalization
$9.76 billion
P/E Ratio
2,084.03
Dividend Yield
N/A
Price Target
$76.80

Ceridian HCM MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.9% Upside
$76.80 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
1.73mentions of Ceridian HCM in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
61.82%
From $0.55 to $0.89 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.88 out of 5 stars

Computer And Technology Sector

439th out of 597 stocks

Prepackaged Software Industry

148th out of 200 stocks

CDAY stock logo

About Ceridian HCM Stock (NYSE:CDAY)

Ceridian HCM Holding 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, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

CDAY Stock Price History

CDAY Stock News Headlines

Dayforce Completes Acquisition of eloomi
What Wall Street expects from Ceridian HCM's earnings
Ceridian Becomes Dayforce
Ceridian HCM: A Rebound Story For Growth Investors
A Closer Look at 6 Analyst Recommendations For Ceridian HCM Holding
See More Headlines
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Company Calendar

Last Earnings
11/03/2021
Today
5/17/2024
Fiscal Year End
12/31/2024

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 Target
$76.80
High Stock Price Target
$87.00
Low Stock Price Target
$62.00
Potential Upside/Downside
+22.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
10 Analysts

Profitability

Net Income
$-73,400,000.00
Pretax Margin
4.00%

Debt

Sales & Book Value

Annual Sales
$1.45 billion
Cash Flow
$0.41 per share
Book Value
$13.89 per share

Miscellaneous

Free Float
149,101,000
Market Cap
$9.76 billion
Optionable
Optionable
Beta
1.38

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CDAY Stock Analysis - Frequently Asked Questions

Should I buy or sell Ceridian HCM stock right now?

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

What is Ceridian HCM's stock price target for 2024?

10 brokerages have issued 12-month price targets for Ceridian HCM's shares. Their CDAY share price targets range from $62.00 to $87.00. On average, they anticipate the company's share price to reach $76.80 in the next twelve months. This suggests a possible upside of 22.9% 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 2024?

Ceridian HCM's stock was trading at $67.12 at the start of the year. Since then, CDAY stock has decreased by 6.9% and is now trading at $62.50.
View the best growth stocks for 2024 here
.

How were Ceridian HCM's earnings last quarter?

Ceridian HCM Holding Inc. (NYSE:CDAY) issued its quarterly earnings results on Wednesday, November, 3rd. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.09) by $0.14. The company earned $257.20 million during the quarter, compared to the consensus estimate of $253.72 million. Ceridian HCM had a net margin of 0.28% and a trailing twelve-month return on equity of 2.03%.

What ETFs hold Ceridian HCM's stock?

ETFs with the largest weight of Ceridian HCM (NYSE:CDAY) stock in their portfolio include Fundamentals First ETF (KNOW) and Direxion Daily S&P Expanded Tech Software Sector Bull 2X Shares (SWAR).Arrow Reverse Cap 500 ETF (YPS).

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?

Ceridian HCM (CDAY) raised $420 million in an IPO on Thursday, April 26th 2018. The company issued 21,000,000 shares at a price of $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.

Who are Ceridian HCM's major shareholders?

Ceridian HCM's stock is owned by many different institutional and retail investors. Top institutional shareholders include Toronto Dominion Bank (0.03%), Walleye Trading LLC (0.00%), Gulf International Bank UK Ltd (0.01%), Securian Asset Management Inc. (0.01%), Tidal Investments LLC (0.00%) and Mather Group LLC. (0.00%). 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, Stephen H Holdridge, 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

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.
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This page (NYSE:CDAY) was last updated on 5/18/2024 by MarketBeat.com Staff

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