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) posted its quarterly earnings data on Wednesday, February, 5th. The company reported $0.08 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.07 by $0.01. The company had revenue of $221.80 million for the quarter, compared to analysts' expectations of $221.15 million. Ceridian HCM had a net margin of 9.55% and a return on equity of 1.73%. Ceridian HCM's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same period in the prior 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 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 targets for Ceridian HCM's shares. 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 a possible upside of 2.6% from the stock's current price. 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 stories about CDAY stock have trended very negative this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Ceridian HCM earned a news sentiment score of -4.0 on InfoTrie's scale. They also assigned media stories about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely 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 during 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 trading volume of 1,170,000 shares, the days-to-cover ratio is presently 7.1 days. Currently, 8.5% 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), Autodesk (ADSK), Square (SQ), Electronic Arts (EA), Splunk (SPLK), Veeva Systems (VEEV), Synopsys (SNPS), ANSYS (ANSS), Cadence Design Systems (CDNS), Atlassian (TEAM), Paycom Software (PAYC), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA) and Docusign (DOCU).

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 initial public offering (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 many different 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 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 $70.73.

Ceridian HCM has a market capitalization of $10.18 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]