NYSE:CDAYCeridian HCM Stock Price, Forecast & News

$72.01

+0.20 (+0.28 %)

(As of 06/3/2020 04:00 PM ET)

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Today's Range

$69.67

Now: $72.01▼

$72.59

50-Day Range

$50.15

MA: $59.94▼

$71.81

52-Week Range

$38.40

Now: $72.01▼

$79.11

Volume730,000 shs

Average Volume1.38 million shs

Market Capitalization$10.44 billion

P/E Ratio141.20

Dividend YieldN/A

Beta1.67

Ceridian HCM Holding Inc. operates as a human capital management (HCM) software company in the United States and internationally. The company offers Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud platform, which offers scalable and straightforward payroll and HR solutions. It also provides Bureau solutions for payroll and payroll-related services. Ceridian HCM Holding Inc. was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

Beat the Market (BTM) Rank^™

2.2 Analyst's Opinion

Consensus Rating
Ceridian HCM has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 7 buy ratings, 6 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $65.06, Ceridian HCM has a potential downside of 9.6% from its current price of $72.01.
Amount of Analyst Coverage
Ceridian HCM has been the subject of 14 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.5 Community Rank

Outperform Votes
Ceridian HCM has received 265 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Ceridian HCM has received 274 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Ceridian HCM has received 50.83% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Ceridian HCM and other stocks. Vote “Outperform” if you believe CDAY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CDAY will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Ceridian HCM does not currently pay a dividend.
Dividend Growth
Ceridian HCM does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Ceridian HCM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $245,102,275.00 in company stock.
Percentage Held by Insiders
Only 17.60% of the stock of Ceridian HCM is held by insiders.
Percentage Held by Institutions
89.00% of the stock of Ceridian HCM is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for Ceridian HCM are expected to grow by 94.12% in the coming year, from $0.17 to $0.33 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Ceridian HCM is 141.20, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of Ceridian HCM is 141.20, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 41.58.
Price to Book Value per Share Ratio
Ceridian HCM has a P/B Ratio of 5.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.51 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Prepackaged software

Sub-IndustryN/A

SectorComputer and Technology

Current SymbolNYSE:CDAY

Previous Symbol

CUSIPN/A

CIK1725057

Webwww.ceridian.com

Phone952-853-8100

Debt

Debt-to-Equity Ratio0.37

Current Ratio1.08

Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio141.20

Forward P/E Ratio423.59

P/E GrowthN/A

Sales & Book Value

Annual Sales$824.10 million

Price / Sales12.67

Cash Flow$0.67 per share

Price / Cash Flow107.65

Book Value$13.04 per share

Price / Book5.52

Profitability

EPS (Most Recent Fiscal Year)$0.26

Net Income$78.70 million

Net Margins9.03%

Return on Equity1.80%

Return on Assets0.54%

Miscellaneous

Employees5,011

Outstanding Shares145,021,000

Market Cap$10.44 billion

Next Earnings Date8/4/2020 (Estimated)

OptionableOptionable

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Ceridian HCM (NYSE:CDAY) Frequently Asked Questions

How has Ceridian HCM's stock been impacted by COVID-19 (Coronavirus)?

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 27.2% and is now trading at $72.01. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Ceridian HCM?

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.

When is Ceridian HCM's next earnings date?

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

How were Ceridian HCM's earnings last quarter?

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

What price target have analysts set for CDAY?

15 Wall Street analysts have issued 12-month price targets for Ceridian HCM's stock. Their forecasts range from $45.00 to $84.00. On average, they anticipate Ceridian HCM's stock price to reach $65.06 in the next year. This suggests that the stock has a possible downside of 9.6%. View analysts' price targets for Ceridian HCM.

Has Ceridian HCM been receiving favorable news coverage?

Media coverage about CDAY stock has been trending somewhat positive this week, according to InfoTrie. The research group identifies negative and positive news coverage by monitoring 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 0.9 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the next several days. View the latest news aboutCeridian HCM.

Are investors shorting Ceridian HCM?

Ceridian HCM saw a drop in short interest in May. As of May 15th, there was short interest totaling 11,640,000 shares, a drop of 13.1% from the April 30th total of 13,390,000 shares. Based on an average daily trading volume, of 1,520,000 shares, the days-to-cover ratio is currently 7.7 days. Currently, 10.6% of the shares of the company are short sold. View Ceridian HCM's Current Options Chain.

Who are some of Ceridian HCM's key competitors?

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

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), Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), Paycom Software (PAYC), Advanced Micro Devices (AMD), Costco Wholesale (COST), Alteryx (AYX), Shopify (SHOP) and Tesla (TSLA).

Who are Ceridian HCM's key executives?

Ceridian HCM's management team includes the following people:

Mr. David D. Ossip, Chairman & CEO (Age 52)
Mr. Arthur Gitajn, Exec. VP & CFO (Age 67)
Mr. Paul D. Elliott, Consultant (Age 53)
Ms. Leagh E. Turner, Pres (Age 47)
Mr. Christopher R. Armstrong, Exec. VP & COO (Age 50)

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 retail and institutional investors. Top institutional investors include Cannae Holdings Inc. (13.68%), Capital Research Global Investors (12.18%), Thomas H Lee Partners LP (8.69%), BlackRock Inc. (6.29%), Capital World Investors (4.03%) and Lone Pine Capital LLC (2.24%). 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.

Which major investors are selling Ceridian HCM stock?

CDAY stock was sold by a variety of institutional investors in the last quarter, including Thomas H Lee Partners LP, Wellington Management Group LLP, Echo Street Capital Management LLC, Principal Financial Group Inc., Federated Hermes Inc., WINTON GROUP Ltd, Arizona State Retirement System, and BlackRock Inc.. Company insiders that have sold Ceridian HCM company stock in the last year include Arthur Gitajn, Cannae Holdings, Inc, Christopher R Armstrong, David D Ossip, Lisa M Sterling, Ozzie J Goldschmied, Scott A Kitching, and Thomas H Lee Advisors, Llc. View insider buying and selling activity for Ceridian HCM.

Which major investors are buying Ceridian HCM stock?

CDAY stock was bought by a variety of institutional investors in the last quarter, including Cannae Holdings Inc., Capital World Investors, Capital Research Global Investors, Lone Pine Capital LLC, Morgan Stanley, Morgan Stanley, Janus Henderson Group PLC, and First Trust Advisors LP. View insider buying and selling activity for Ceridian HCM.

How do I buy shares of 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.

What is Ceridian HCM's stock price today?

One share of CDAY stock can currently be purchased for approximately $72.01.

How big of a company is Ceridian HCM?

Ceridian HCM has a market capitalization of $10.44 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.

What is Ceridian HCM's official website?

The official website for Ceridian HCM is www.ceridian.com.

How can I contact Ceridian HCM?

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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff