NYSE:CDAYCeridian HCM Stock Price, Forecast & News

Ceridian HCM's stock was trading at $56.63 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CDAY shares have increased by 47.9% and is now trading at $83.75. View which stocks have been most impacted by Coronavirus.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last year. There are currently 2 sell ratings, 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Ceridian HCM.

Ceridian HCM is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Ceridian HCM.

Ceridian HCM Holding Inc (NYSE:CDAY) released its earnings results on Wednesday, May, 6th. The company reported $0.15 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.12 by $0.03. The company earned $222.70 million during the quarter, compared to the consensus estimate of $218.42 million. Ceridian HCM had a net margin of 9.03% and a return on equity of 1.80%. Ceridian HCM's quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.14 EPS. View Ceridian HCM's earnings history.

15 brokers have issued 12-month price objectives for Ceridian HCM's shares. Their forecasts range from $45.00 to $85.00. On average, they anticipate Ceridian HCM's share price to reach $66.82 in the next twelve months. This suggests that the stock has a possible downside of 20.2%. View analysts' price targets for Ceridian HCM.

Media headlines about CDAY stock have trended negative recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Ceridian HCM earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View the latest news about Ceridian HCM.

Ceridian HCM saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 7,780,000 shares, a drop of 21.3% from the June 15th total of 9,890,000 shares. Based on an average daily trading volume, of 1,420,000 shares, the short-interest ratio is presently 5.5 days. Approximately 6.9% of the company's stock are short sold. View Ceridian HCM's Current Options Chain.

Some companies that are related to Ceridian HCM include Dassault Systemes (DASTY), Electronic Arts (EA), Veeva Systems (VEEV), Docusign (DOCU), Twilio (TWLO), Splunk (SPLK), Synopsys (SNPS), Cadence Design Systems (CDNS), Datadog (DDOG), ANSYS (ANSS), Okta (OKTA), Atlassian (TEAM), Crowdstrike (CRWD), Coupa Software (COUP) and Paycom Software (PAYC). View all competitors.

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

(CDAY) raised $420 million in an initial public offering 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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CDAY."

Ceridian HCM's stock is owned by a number of retail and institutional investors. Top institutional investors include Nelson Van Denburg & Campbell Wealth Management Group LLC (0.00%). Company insiders that own Ceridian HCM stock include Arthur Gitajn, Cannae Holdings, Inc, Christopher R Armstrong, 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 bought by a variety of institutional investors in the last quarter, including Nelson Van Denburg & Campbell Wealth Management Group LLC. View insider buying and selling activity 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 $83.75.

Ceridian HCM has a market capitalization of $12.15 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 5,011 workers across the globe.

The official website for Ceridian HCM is 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]