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The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
S&P 500   4,122.47
DOW   32,774.41
QQQ   317.08
Are Medtronic And Intuitive Surgical Poised For Big Growth?
Economic and National Security Threats Create Lithium Bonanza (Ad)
'The Sacrifice Zone': Myanmar bears cost of green energy
Is Sofi Financial Stock Finally Ready to Pay Off for Investors?
Ralph Lauren Is A Retail Stock You Can Buy And Hold
Investor Alert: Argentina Loaded With "White Gold" Opportunity (Ad)
Closing prices for crude oil, gold and other commodities
Learning from failures: How Biden scored win on climate plan
Most electric vehicles won't qualify for federal tax credit
The "Trojan Horse" Hiding Inside Of Biden's $2 Trillion Infrastructure Bill. (Ad)
NYSE:CDAY

Ceridian HCM - CDAY Stock Forecast, Price & News

$67.01
+1.01 (+1.53%)
(As of 08/9/2022 12:00 AM ET)
Add
Compare
Today's Range
$64.49
$67.03
50-Day Range
$44.05
$67.01
52-Week Range
$43.23
$130.37
Volume
1.69 million shs
Average Volume
1.77 million shs
Market Capitalization
$10.26 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$75.25

Ceridian HCM MarketRank™ Forecast

Analyst Rating
Hold
2.38 Rating Score
Upside/​Downside
12.3% Upside
$75.25 Price Target
Short Interest
Bearish
6.67% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.21
Upright™ Environmental Score
News Sentiment
0.37mentions of Ceridian HCM in the last 14 days
Based on 23 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($0.16) to ($0.19) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.33 out of 5 stars

Computer And Technology Sector

590th out of 644 stocks

Prepackaged Software Industry

206th out of 224 stocks

CDAY stock logo

About Ceridian HCM (NYSE:CDAY) Stock

Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on CDAY shares. BMO Capital Markets boosted their target price on shares of Ceridian HCM from $70.00 to $73.00 and gave the stock an "outperform" rating in a research note on Thursday, August 4th. Cowen lowered their target price on shares of Ceridian HCM from $90.00 to $75.00 in a research note on Thursday, May 5th. William Blair reiterated an "outperform" rating on shares of Ceridian HCM in a research note on Thursday, May 5th. TheStreet downgraded shares of Ceridian HCM from a "c-" rating to a "d+" rating in a research note on Tuesday, April 26th. Finally, Mizuho lowered their target price on shares of Ceridian HCM from $100.00 to $80.00 in a research note on Monday, May 9th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $75.25.

Ceridian HCM Stock Performance

CDAY traded up $1.01 on Tuesday, reaching $67.01. The company had a trading volume of 1,685,901 shares, compared to its average volume of 1,773,027. Ceridian HCM has a 1 year low of $43.23 and a 1 year high of $130.37. The stock has a market capitalization of $10.26 billion, a PE ratio of -131.39 and a beta of 1.55. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 0.58. The stock has a 50-day moving average price of $52.27 and a 200-day moving average price of $60.25.

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CDAY Stock News Headlines

Ceridian HCM (NYSE:CDAY) Shares Gap Up on Analyst Upgrade
Ceridian Reports Second Quarter 2022 Results
Ceridian to Present at Upcoming Investor Conferences
Reviewing Ceridian HCM (NYSE:CDAY) & ForgeRock (NYSE:FORG)
Ceridian HCM Holding Inc - Stock Financials CDAY
What 7 Analyst Ratings Have To Say About Ceridian HCM Holding
See More Headlines
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CDAY Company Calendar

Last Earnings
11/03/2021
Today
8/10/2022
Next Earnings (Estimated)
11/02/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
7,462
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$75.25
High Stock Price Forecast
$135.00
Low Stock Price Forecast
$52.00
Forecasted Upside/Downside
+12.3%
Consensus Rating
Hold
Rating Score (0-4)
2.38
Research Coverage
13 Analysts

Profitability

Net Income
$-75,400,000.00
Pretax Margin
-7.35%

Debt

Sales & Book Value

Annual Sales
$1.02 billion
Cash Flow
$0.12 per share
Book Value
$14.72 per share

Miscellaneous

Free Float
147,088,000
Market Cap
$10.26 billion
Optionable
Optionable
Beta
1.55














CDAY Stock - Frequently Asked Questions

Should I buy or sell Ceridian HCM stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Ceridian HCM in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CDAY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CDAY, but not buy additional shares or sell existing shares.
View CDAY analyst ratings
or view top-rated stocks.

What is Ceridian HCM's stock price forecast for 2022?

13 analysts have issued 12-month target prices for Ceridian HCM's shares. Their CDAY share price forecasts range from $52.00 to $135.00. On average, they predict the company's stock price to reach $75.25 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price.
View analysts price targets for CDAY
or view top-rated stocks among Wall Street analysts.

How has Ceridian HCM's stock performed in 2022?

Ceridian HCM's stock was trading at $104.46 at the beginning of the year. Since then, CDAY shares have decreased by 35.9% and is now trading at $67.01.
View the best growth stocks for 2022 here
.

When is Ceridian HCM's next earnings date?

Ceridian HCM is scheduled to release its next quarterly earnings announcement on Wednesday, November 2nd 2022.
View our CDAY earnings forecast
.

How were Ceridian HCM's earnings last quarter?

Ceridian HCM Holding Inc. (NYSE:CDAY) posted its earnings results on Wednesday, November, 3rd. The company reported $0.05 EPS for the quarter, beating the consensus estimate of ($0.09) by $0.14. The company had revenue of $257.20 million for the quarter, compared to analyst estimates of $253.72 million. Ceridian HCM had a negative trailing twelve-month return on equity of 2.68% and a negative net margin of 6.84%.

What guidance has Ceridian HCM issued on next quarter's earnings?

Ceridian HCM updated its third quarter 2022 earnings guidance on Wednesday, August, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $304.00 million-$307.00 million, compared to the consensus revenue estimate of $386.99 million.

What is David Ossip's approval rating as Ceridian HCM's CEO?

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

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

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 $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 a variety of institutional and retail investors. Top institutional shareholders include Cannae Holdings Inc. (3.93%), Swiss National Bank (0.39%), Pictet Asset Management SA (0.32%), TD Asset Management Inc. (0.30%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Bank of Nova Scotia (0.19%). Insiders that own company stock include Arthur Gitajn, Cannae Holdings, Inc, Christopher R Armstrong, Christopher R Armstrong, David D Ossip, Gerald C Throop, Jeffrey Scott Jacobs, Leagh Erin Turner, Lisa M Sterling, Noemie Clemence Heuland, Rakesh Subramanian, Scott A Kitching, Thomas H Lee Advisors, Llc, Thomas M Hagerty and William Everett Mcdonald.
View institutional ownership trends
.

How do I buy shares of Ceridian HCM?

Shares of CDAY stock 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.
Compare Top Brokerages Here.

What is Ceridian HCM's stock price today?

One share of CDAY stock can currently be purchased for approximately $67.01.

How much money does Ceridian HCM make?

Ceridian HCM (NYSE:CDAY) has a market capitalization of $10.26 billion and generates $1.02 billion in revenue each year. The company earns $-75,400,000.00 in net income (profit) each year or ($0.51) on an earnings per share basis.

How many employees does Ceridian HCM have?

Ceridian HCM employs 7,462 workers across the globe.

How can I contact Ceridian HCM?

Ceridian HCM's mailing address is 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN, 55425. The official website for the company is www.ceridian.com. The company can be reached via phone at (952) 853-8100 or via email at investors@ceridian.com.

This page (NYSE:CDAY) was last updated on 8/10/2022 by MarketBeat.com Staff

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