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Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
S&P 500   4,305.20
DOW   34,152.01
QQQ   332.28
3 Stocks Set to Lead the Nasdaq Bull Market
The Day of Financial Reckoning Is Near (Ad)
3 Blowout Earnings Reports That Could Mark Turning Points
Companies facing 1st tax on stock buybacks in Biden bill
Will CrowdStrike Extend Its Streak Of Topping Earnings Views?
Sell every Stock except ONE (Ad)
Home Depot Results Point To Sluggish 2nd Half
Skyworks Solutions Is Worth A Look At These Prices 
Walmart Leads Retail Higher But Will The Group Follow? 
The 32-Second Options Trading "Training Video" Retirees Can't Get Enough Of (Ad)
NYSE:CDAY

Ceridian HCM - CDAY Stock Forecast, Price & News

$69.70
-0.45 (-0.64%)
(As of 08/16/2022 12:00 AM ET)
Add
Compare
Today's Range
$68.83
$70.08
50-Day Range
$44.05
$70.15
52-Week Range
$43.23
$130.37
Volume
890,105 shs
Average Volume
1.75 million shs
Market Capitalization
$10.67 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.25

Ceridian HCM MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
8.0% Upside
$75.25 Price Target
Short Interest
Bearish
6.35% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
0.63mentions of Ceridian HCM in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.14) to ($0.16) Per Share

Overall MarketRank

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

1.20 out of 5 stars

Computer And Technology Sector

649th out of 664 stocks

Prepackaged Software Industry

227th out of 231 stocks

CDAY stock logo

About Ceridian HCM (NYSE:CDAY) Stock

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 (HR), 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.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on CDAY. BMO Capital Markets boosted their price objective on Ceridian HCM from $70.00 to $73.00 and gave the company an "outperform" rating in a research report on Thursday, August 4th. Credit Suisse Group lifted their target price on Ceridian HCM from $70.00 to $75.00 and gave the company an "outperform" rating in a research note on Thursday, August 4th. Deutsche Bank Aktiengesellschaft cut their target price on Ceridian HCM from $85.00 to $80.00 in a research note on Thursday, August 4th. Barclays cut their target price on Ceridian HCM from $59.00 to $52.00 and set an "underweight" rating on the stock in a research note on Monday, July 18th. Finally, William Blair reaffirmed an "outperform" rating on shares of Ceridian HCM in a research note on Thursday, May 5th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $75.25.

Ceridian HCM Stock Performance

Shares of NYSE:CDAY opened at $69.70 on Wednesday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.58. The stock has a market capitalization of $10.67 billion, a price-to-earnings ratio of -136.67 and a beta of 1.55. The stock's fifty day simple moving average is $53.58 and its 200 day simple moving average is $60.14. Ceridian HCM has a 52-week low of $43.23 and a 52-week high of $130.37.

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CDAY Stock News Headlines

Cowen Boosts Ceridian HCM (NYSE:CDAY) Price Target to $72.00
Ceridian HCM (NYSE:CDAY) Shares Gap Up on Analyst Upgrade
Ceridian Reports Second Quarter 2022 Results
Ceridian to Present at Upcoming Investor Conferences
Reviewing Ceridian HCM (NYSE:CDAY) & ForgeRock (NYSE:FORG)
Ceridian HCM Holding Inc - Stock Financials CDAY
What 7 Analyst Ratings Have To Say About Ceridian HCM Holding
See More Headlines
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CDAY Company Calendar

Last Earnings
11/03/2021
Today
8/16/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
7,462
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$75.25
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$52.00
Forecasted Upside/Downside
+8.0%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$-75,400,000.00
Pretax Margin
-7.35%

Debt

Sales & Book Value

Annual Sales
$1.02 billion
Cash Flow
$0.12 per share
Book Value
$14.72 per share

Miscellaneous

Free Float
147,088,000
Market Cap
$10.67 billion
Optionable
Optionable
Beta
1.55














CDAY Stock - Frequently Asked Questions

Should I buy or sell Ceridian HCM stock right now?

13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" CDAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CDAY, but not buy additional shares or sell existing shares.
View CDAY analyst ratings
or view top-rated stocks.

What is Ceridian HCM's stock price forecast for 2022?

13 brokers have issued twelve-month price objectives for Ceridian HCM's shares. Their CDAY share price forecasts range from $52.00 to $135.00. On average, they predict the company's stock price to reach $75.25 in the next twelve months. This suggests a possible upside of 8.0% 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 2022?

Ceridian HCM's stock was trading at $104.46 at the beginning of 2022. Since then, CDAY shares have decreased by 33.3% and is now trading at $69.70.
View the best growth stocks for 2022 here
.

When is Ceridian HCM's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CDAY earnings forecast
.

How were Ceridian HCM's earnings last quarter?

Ceridian HCM Holding Inc. (NYSE:CDAY) announced 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 business earned $257.20 million during the quarter, compared to the consensus estimate of $253.72 million. Ceridian HCM had a negative net margin of 6.84% and a negative trailing twelve-month return on equity of 2.68%.

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

Ceridian HCM updated its third quarter 2022 earnings guidance on Wednesday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $304.00 million-$307.00 million, compared to the consensus revenue estimate of $386.99 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 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.

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 institutional and retail investors. Top institutional investors include Price T Rowe Associates Inc. MD (13.75%), Cannae Holdings Inc. (3.93%), Echo Street Capital Management LLC (1.10%), Northern Trust Corp (0.85%), Natixis (0.41%) and Swiss National Bank (0.39%). Insiders that own company stock include Arthur Gitajn, Cannae Holdings, Inc, Christopher R Armstrong, Christopher R Armstrong, David D Ossip, Gerald C Throop, Jeffrey Scott Jacobs, Leagh Erin Turner, Lisa M Sterling, 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 $69.70.

How much money does Ceridian HCM make?

Ceridian HCM (NYSE:CDAY) has a market capitalization of $10.67 billion and generates $1.02 billion in revenue each year. The company earns $-75,400,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.

How many employees does Ceridian HCM have?

The company employs 7,462 workers across the globe.

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 8/17/2022 by MarketBeat.com Staff

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