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Dayforce NYSE:DAY Stock Report

Last Price

US$81.39

Market Cap

US$12.6b

7D

-0.5%

1Y

17.1%

Updated

02 Dec, 2024

Data

Company Financials +

Dayforce Inc.

NYSE:DAY Stock Report

Market Cap: US$12.6b

DAY Stock Overview

Operates as a human capital management (HCM) software company in the United States, Canada, and internationally. More details

DAY fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance5/6
Financial Health4/6
Dividends0/6

Rewards

Trading at 7.7% below our estimate of its fair value

Earnings are forecast to grow 43.8% per year

Earnings grew by 1222.5% over the past year

Risk Analysis

Shareholders have been diluted in the past year


Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

WA
WarrenAI
Based on Analyst Price Targets

Unleashing Dynamic Growth Through Human Capital And Innovative Wallet Solutions

Key Takeaways Expanding Human Capital Management offerings and partnerships aims to enhance client engagement, drive revenue growth, and improve net margins. Wallet product growth and focus on higher-margin cloud services shift strategy towards profitability and cash flow growth.
View narrative
US$82.51
FV
1.4% undervalued intrinsic discount
12.96%
Revenue growth p.a.
0users have liked this narrative
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0users have followed this narrative
6 days ago author updated this narrative

Dayforce Inc. Competitors

Paycom Software

NYSE:PAYC

US$13.0b

Paylocity Holding

NasdaqGS:PCTY

US$11.6b

Robert Half

NYSE:RHI

US$7.6b

TriNet Group

NYSE:TNET

US$4.6b

Price History & Performance

Summary of all time highs, changes and price drops for Dayforce
Historical stock prices
Current Share PriceUS$81.39
52 Week HighUS$82.69
52 Week LowUS$47.08
Beta1.27
11 Month Change8.19%
3 Month Change46.54%
1 Year Change17.07%
33 Year Change-21.57%
5 Year Change31.81%
Change since IPO160.78%

Recent News & Updates

Dayforce Inc. (NYSE:DAY) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable

Nov 07
Dayforce Inc. (NYSE:DAY) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable

Dayforce: Improved Outlook On Accelerating Trends (Rating Upgrade)

Nov 03

Recent updates

Dayforce Inc. (NYSE:DAY) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable

Nov 07
Dayforce Inc. (NYSE:DAY) Stocks Shoot Up 33% But Its P/S Still Looks Reasonable

Dayforce: Improved Outlook On Accelerating Trends (Rating Upgrade)

Nov 03

Dayforce (NYSE:DAY) Has Some Way To Go To Become A Multi-Bagger

Oct 31
Dayforce (NYSE:DAY) Has Some Way To Go To Become A Multi-Bagger

When Should You Buy Dayforce Inc. (NYSE:DAY)?

Oct 01
When Should You Buy Dayforce Inc. (NYSE:DAY)?

Does Dayforce (NYSE:DAY) Have A Healthy Balance Sheet?

Sep 16
Does Dayforce (NYSE:DAY) Have A Healthy Balance Sheet?

Estimating The Intrinsic Value Of Dayforce Inc. (NYSE:DAY)

Sep 01
Estimating The Intrinsic Value Of Dayforce Inc. (NYSE:DAY)

Dayforce: Decent Performance, But Now This Company Is Fully Valued (Rating Downgrade)

Aug 28

Investors Appear Satisfied With Dayforce Inc.'s (NYSE:DAY) Prospects

Aug 16
Investors Appear Satisfied With Dayforce Inc.'s (NYSE:DAY) Prospects

There's Been No Shortage Of Growth Recently For Dayforce's (NYSE:DAY) Returns On Capital

Jul 31
There's Been No Shortage Of Growth Recently For Dayforce's (NYSE:DAY) Returns On Capital

Dayforce: After Rebrand, A Balanced Bull And Bear Case (Rating Upgrade)

Jun 15

What Does Dayforce Inc.'s (NYSE:DAY) Share Price Indicate?

Jun 05
What Does Dayforce Inc.'s (NYSE:DAY) Share Price Indicate?

We Think Dayforce (NYSE:DAY) Can Stay On Top Of Its Debt

May 21
We Think Dayforce (NYSE:DAY) Can Stay On Top Of Its Debt

Why Investors Shouldn't Be Surprised By Dayforce Inc.'s (NYSE:DAY) P/S

Apr 30
Why Investors Shouldn't Be Surprised By Dayforce Inc.'s (NYSE:DAY) P/S

There's Been No Shortage Of Growth Recently For Dayforce's (NYSE:DAY) Returns On Capital

Mar 30
There's Been No Shortage Of Growth Recently For Dayforce's (NYSE:DAY) Returns On Capital

A Look At The Intrinsic Value Of Dayforce Inc. (NYSE:DAY)

Feb 29
A Look At The Intrinsic Value Of Dayforce Inc. (NYSE:DAY)

We Think Dayforce (NYSE:DAY) Can Stay On Top Of Its Debt

Feb 13
We Think Dayforce (NYSE:DAY) Can Stay On Top Of Its Debt

Ceridian HCM: A Rebound Story For Growth Investors

Jan 27

Ceridian HCM Holding Inc. (NYSE:CDAY) Shares Could Be 29% Below Their Intrinsic Value Estimate

Nov 06
Ceridian HCM Holding Inc. (NYSE:CDAY) Shares Could Be 29% Below Their Intrinsic Value Estimate

Ceridian HCM Holding: Maintaining Its Strong Growth Momentum

Oct 25

There's Been No Shortage Of Growth Recently For Ceridian HCM Holding's (NYSE:CDAY) Returns On Capital

Oct 02
There's Been No Shortage Of Growth Recently For Ceridian HCM Holding's (NYSE:CDAY) Returns On Capital

Ceridian HCM Ups Guidance As Large Deals Beckon

Sep 26

Does Ceridian HCM Holding (NYSE:CDAY) Have A Healthy Balance Sheet?

Sep 12
Does Ceridian HCM Holding (NYSE:CDAY) Have A Healthy Balance Sheet?

Is Now An Opportune Moment To Examine Ceridian HCM Holding Inc. (NYSE:CDAY)?

Aug 18
Is Now An Opportune Moment To Examine Ceridian HCM Holding Inc. (NYSE:CDAY)?

Estimating The Fair Value Of Ceridian HCM Holding Inc. (NYSE:CDAY)

Aug 04
Estimating The Fair Value Of Ceridian HCM Holding Inc. (NYSE:CDAY)

Ceridian: Recurring Revenue Growth To Drive Margin Expansion

Jul 05

Returns At Ceridian HCM Holding (NYSE:CDAY) Appear To Be Weighed Down

Jul 04
Returns At Ceridian HCM Holding (NYSE:CDAY) Appear To Be Weighed Down

Ceridian HCM Holding Inc. (NYSE:CDAY) Not Lagging Industry On Growth Or Pricing

Jun 16
Ceridian HCM Holding Inc. (NYSE:CDAY) Not Lagging Industry On Growth Or Pricing

Does Ceridian HCM Holding (NYSE:CDAY) Have A Healthy Balance Sheet?

Apr 17
Does Ceridian HCM Holding (NYSE:CDAY) Have A Healthy Balance Sheet?

Shareholder Returns

DAYUS Professional ServicesUS Market
7D-0.5%-0.3%0.7%
1Y17.1%19.1%32.2%

Return vs Industry: DAY underperformed the US Professional Services industry which returned 19.4% over the past year.

Return vs Market: DAY underperformed the US Market which returned 31.9% over the past year.

Price Volatility

Is DAY's price volatile compared to industry and market?
DAY volatility
DAY Average Weekly Movement4.3%
Professional Services Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.4%
10% least volatile stocks in US Market3.1%

Stable Share Price: DAY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: DAY's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19929,084David Ossipwww.dayforce.com

Dayforce 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, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides payroll and payroll-related services; and implementation and professional services.

Dayforce Inc. Fundamentals Summary

How do Dayforce's earnings and revenue compare to its market cap?
DAY fundamental statistics
Market capUS$12.61b
Earnings (TTM)US$52.90m
Revenue (TTM)US$1.69b

242.6x

P/E Ratio

7.6x

P/S Ratio

Is DAY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DAY income statement (TTM)
RevenueUS$1.69b
Cost of RevenueUS$853.20m
Gross ProfitUS$841.30m
Other ExpensesUS$788.40m
EarningsUS$52.90m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.34
Gross Margin49.65%
Net Profit Margin3.12%
Debt/Equity Ratio47.4%

How did DAY perform over the long term?

See historical performance and comparison