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 Wednesday, February, 5th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The firm earned $221.80 million during the quarter, compared to analyst estimates of $221.15 million. Ceridian HCM had a return on equity of 1.73% and a net margin of 9.55%. The business's revenue was up 10.7% compared to the same quarter last year. During the same period last year, the firm posted $0.07 EPS. View Ceridian HCM's Earnings History.

Ceridian HCM is scheduled to release their next quarterly earnings announcement on Wednesday, May 6th 2020. View Earnings Estimates for Ceridian HCM.

Ceridian HCM updated its FY 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $903-908 million, compared to the consensus revenue estimate of $929.78 million.

16 equities research analysts have issued twelve-month price targets for Ceridian HCM's stock. Their forecasts range from $55.00 to $87.00. On average, they anticipate Ceridian HCM's stock price to reach $72.60 in the next year. This suggests that the stock has a possible downside of 1.7%. View Analyst Price Targets for Ceridian HCM.

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last year. There are currently 5 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Ceridian HCM.

Media headlines about CDAY stock have trended very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ceridian HCM earned a news impact score of -3.7 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Ceridian HCM.

Ceridian HCM saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 8,350,000 shares, an increase of 18.1% from the January 30th total of 7,070,000 shares. Based on an average daily trading volume, of 1,170,000 shares, the days-to-cover ratio is currently 7.1 days. Approximately 8.5% of the shares of the stock are short sold. View Ceridian HCM's Current Options Chain.

Some companies that are related to Ceridian HCM include Dassault Systemes (DASTY), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA) and Tableau Software (DATA).

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

(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 a number of of retail and institutional investors. Top institutional shareholders include Thomas H Lee Partners LP (12.97%), Capital Research Global Investors (8.64%), Artisan Partners Limited Partnership (5.25%), Bamco Inc. NY (1.94%), FMR LLC (1.66%) and Dragoneer Investment Group LLC (1.48%). 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, FMR LLC, Dragoneer Investment Group LLC, Bain Capital Public Equity Management II LLC, Partners Group Holding AG, Goldman Sachs Group Inc., Connor Clark & Lunn Investment Management Ltd. and Capital International Investors. 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, Scott A Kitching and Thomas H Lee Advisors, Llc. View Insider Buying and Selling for Ceridian HCM.

CDAY stock was bought by a variety of institutional investors in the last quarter, including Capital Research Global Investors, State Street Corp, Artisan Partners Limited Partnership, Bank of New York Mellon Corp, Principal Financial Group Inc., American International Group Inc., Charles Schwab Investment Management Inc. and Rhumbline Advisers. 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 $73.85.

Ceridian HCM has a market capitalization of $10.63 billion and generates $824.10 million in revenue each year. The company earns $78.70 million in net income (profit) each year or $0.26 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]