Dayforce Inc (NYSE:DAY) shares traded 0.32% higher at $74.23 on Wall Street last session.
DAY stock price is now -0.48% away from the 50-day moving average and 20.19% away from the 200-day moving average. The market capitalization of the company currently stands at $11.71B.
With the price target of $75, Scotiabank recently initiated with Sector Perform rating for Dayforce Inc (NYSE: DAY). On November 13, 2024, BMO Capital Markets reiterated its ‘Outperform’ rating on the stock by increasing its target price from $80 to quote $90, while ‘KeyBanc Capital Markets’ rates the stock as ‘Overweight’
In other news, Holdridge Stephen H., President, COO sold 1,000 shares of the company’s stock on Dec 13 ’24. The stock was sold for $77,290 at an average price of $77.29. Upon completion of the transaction, the President, COO now directly owns 120,022 shares in the company, valued at $8.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 13 ’24, Officer STEPHEN H HOLDRIDGE bought 1,000 shares of the business’s stock. A total of $77,290 was incurred on buying the stock at an average price of $77.29. A total of 5.72% of the company’s stock is owned by insiders.
During the past 12 months, Dayforce Inc has had a low of $47.08 and a high of $82.69. As of last week, the company has a debt-to-equity ratio of 0.48, a current ratio of 1.15, and a quick ratio of 1.15. According to the stock market information, the enterprise value for the company is $12545368064, which is based on a 223.58 price-to-earnings ratio, a 11.20 price-to-earnings-growth ratio, and a beta of 1.26. The fifty day moving average price for DAY is $74.371 and a two-hundred day moving average price translates $61.7301 for the stock.
The latest earnings results from Dayforce Inc (NYSE: DAY) was released for 2024-09-30. The net profit margin was 3.12% and return on equity was 2.19% for DAY. The company reported revenue of $440.0 million for the quarter, compared to $377.5 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 16.56 percent. For the current quarter, analysts expect DAY to generate $455.09M in revenue.
