Dayforce (NYSE:DAY – Get Free Report) is scheduled to announce its earnings results before the market opens on Wednesday, May 1st. Analysts expect the company to announce earnings of $0.45 per share for the quarter. Dayforce has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties that wish to register for the company’s conference call can do so using this link.
Dayforce (NYSE:DAY – Get Free Report) last posted its earnings results on Wednesday, February 7th. The company reported $0.38 earnings per share for the quarter, beating analysts’ consensus estimates of $0.12 by $0.26. The company had revenue of $399.70 million for the quarter, compared to the consensus estimate of $400.14 million. Dayforce had a return on equity of 4.47% and a net margin of 3.62%. On average, analysts expect Dayforce to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Dayforce Stock Up 0.6 %
Dayforce stock opened at $59.28 on Wednesday. Dayforce has a 52-week low of $55.62 and a 52-week high of $75.53. The company has a market cap of $9.22 billion, a P/E ratio of 169.38, a P/E/G ratio of 2.88 and a beta of 1.30. The company has a current ratio of 1.12, a quick ratio of 1.12 and a debt-to-equity ratio of 0.50. The company’s 50-day moving average price is $66.40.
Insider Buying and Selling
Analyst Ratings Changes
Several brokerages recently issued reports on DAY. Barclays cut their target price on shares of Dayforce from $75.00 to $74.00 and set an “equal weight” rating for the company in a research report on Thursday, February 8th. Piper Sandler upped their price objective on Dayforce from $73.00 to $75.00 and gave the stock a “neutral” rating in a research note on Thursday, February 8th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $82.00 target price on shares of Dayforce in a research report on Thursday, February 8th.
View Our Latest Research Report on Dayforce
About Dayforce
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.
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