Ceridian HCM Stock Forecast, Price & News

Ceridian HCM's stock was trading at $56.63 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, CDAY stock has increased by 78.7% and is now trading at $101.21.
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15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last year. There are currently 7 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Ceridian HCM stock.
View analyst ratings for Ceridian HCM or view MarketBeat's top 5 stock picks.

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902 employees have rated Ceridian HCM CEO David Ossip on Glassdoor.com. David Ossip has an approval rating of 92% among Ceridian HCM's employees. This puts David Ossip in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Ceridian HCM is scheduled to release its next quarterly earnings announcement on Tuesday, February 9th 2021.
View our earnings forecast for Ceridian HCM.

Ceridian HCM will be holding an earnings conference call on Tuesday, February 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Ceridian HCM Holding Inc. (NYSE:CDAY) released its quarterly earnings results on Thursday, November, 5th. The company reported $0.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.04 by $0.08. The company had revenue of $204.40 million for the quarter, compared to analyst estimates of $200.52 million. Ceridian HCM had a net margin of 1.40% and a trailing twelve-month return on equity of 1.34%. The business's quarterly revenue was up 1.0% compared to the same quarter last year. During the same quarter last year, the firm earned $0.11 earnings per share.
View Ceridian HCM's earnings history.

Ceridian HCM updated its fourth quarter 2020 After-Hours earnings guidance on Thursday, November, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $215-219 million, compared to the consensus revenue estimate of $221.99 million.

15 analysts have issued 1-year price targets for Ceridian HCM's shares. Their forecasts range from $65.00 to $110.00. On average, they expect Ceridian HCM's stock price to reach $89.67 in the next twelve months. This suggests that the stock has a possible downside of 11.4%.
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Some companies that are related to Ceridian HCM include Twilio (TWLO), VMware (VMW), Dassault Systèmes (DASTY), CrowdStrike (CRWD), DocuSign (DOCU), Veeva Systems (VEEV), Electronic Arts (EA), Synopsys (SNPS), Unity Software (U), Cadence Design Systems (CDNS), Okta (OKTA), Datadog (DDOG), ANSYS (ANSS), Atlassian (TEAM) and Splunk (SPLK).
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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).

(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 trades on the New York Stock Exchange (NYSE) under the ticker symbol "CDAY."

Ceridian HCM's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Louisiana State Employees Retirement System (0.02%), State of Alaska Department of Revenue (0.01%), Strs Ohio (0.01%), Pacer Advisors Inc. (0.01%), IFM Investors Pty Ltd (0.01%) and DNB Asset Management AS (0.01%). Company insiders that own Ceridian HCM stock include Arthur Gitajn, Cannae Holdings, Inc, Christopher R Armstrong, David D Ossip, Leagh Erin Turner, Lisa M Sterling, Ozzie J Goldschmied, 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 Pacer Advisors Inc., Strs Ohio, State of Alaska Department of Revenue, and Crossmark Global Holdings 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, Leagh Erin Turner, Scott A Kitching, and Thomas H Lee Advisors, Llc.
View insider buying and selling activity for Ceridian HCM or view top insider-selling stocks.

CDAY stock was purchased by a variety of institutional investors in the last quarter, including IFM Investors Pty Ltd, DNB Asset Management AS, Candriam Luxembourg S.C.A., Park Avenue Securities LLC, Redpoint Investment Management Pty Ltd, IBM Retirement Fund, Carroll Financial Associates Inc., and Louisiana State Employees Retirement System.
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Shares of CDAY 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.

One share of CDAY stock can currently be purchased for approximately $101.21.

Ceridian HCM has a market capitalization of $14.96 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]