Several brokerages have updated their recommendations and price targets on shares of Dayforce (NYSE: DAY) in the last few weeks:
- 5/6/2024 – Dayforce had its price target lowered by analysts at BMO Capital Markets from $82.00 to $75.00. They now have an “outperform” rating on the stock.
- 5/6/2024 – Dayforce had its price target lowered by analysts at Mizuho from $95.00 to $80.00. They now have a “buy” rating on the stock.
- 5/2/2024 – Dayforce had its “outperform” rating reaffirmed by analysts at William Blair.
- 5/2/2024 – Dayforce had its price target lowered by analysts at Piper Sandler from $75.00 to $68.00. They now have a “neutral” rating on the stock.
- 5/2/2024 – Dayforce had its price target lowered by analysts at Barclays PLC from $74.00 to $62.00. They now have an “equal weight” rating on the stock.
- 5/2/2024 – Dayforce had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $82.00 price target on the stock.
Dayforce Stock Down 0.4 %
NYSE DAY opened at $58.96 on Thursday. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.07 and a current ratio of 1.07. Dayforce Inc has a fifty-two week low of $54.25 and a fifty-two week high of $75.53. The business has a 50 day moving average of $63.62. The stock has a market cap of $9.31 billion, a PE ratio of 178.67, a PEG ratio of 3.89 and a beta of 1.30.
Dayforce (NYSE:DAY – Get Free Report) last released its earnings results on Wednesday, February 7th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.12 by $0.26. The company had revenue of $399.70 million during the quarter, compared to the consensus estimate of $400.14 million. Dayforce had a net margin of 3.30% and a return on equity of 5.38%. Sell-side analysts anticipate that Dayforce Inc will post 0.89 EPS for the current fiscal year.
Insider Buying and Selling
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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