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 quarterly earnings data on Wednesday, February, 5th. The company reported $0.08 EPS for the quarter, beating the Zacks' consensus estimate of $0.07 by $0.01. The business earned $221.80 million during the quarter, compared to the consensus estimate 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 for the quarter was up 10.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.07 earnings per share. 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 earnings per share (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 brokerages have issued 12 month price objectives for Ceridian HCM's shares. Their forecasts range from $55.00 to $87.00. On average, they expect Ceridian HCM's stock price to reach $71.73 in the next year. This suggests that the stock has a possible downside of 4.3%. 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.

News coverage about CDAY stock has been trending very negative this week, according to InfoTrie Sentiment. InfoTrie ranks the sentiment of news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Ceridian HCM earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Ceridian HCM.

Ceridian HCM saw a decline in short interest in January. As of January 31st, there was short interest totalling 7,070,000 shares, a decline of 9.8% from the January 15th total of 7,840,000 shares. Based on an average daily trading volume, of 1,440,000 shares, the days-to-cover ratio is presently 4.9 days. Approximately 7.2% of the shares of the stock are sold short. View Ceridian HCM's Current Options Chain.

Some companies that are related to Ceridian HCM include Square (SQ), Electronic Arts (EA), Splunk (SPLK), ANSYS (ANSS), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), SS&C Technologies (SSNC), Docusign (DOCU) and Citrix Systems (CTXS).

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 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.

Ceridian HCM's stock is owned by a number of of institutional and retail 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 acquired 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 $74.95.

Ceridian HCM has a market capitalization of $10.78 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]