Ceridian HCM Holding Inc. (NYSE:CDAY) went up by 2.43% from its latest closing price compared to the recent 1-year high of $120.88. The company’s stock price has collected 5.80% of gains in the last five trading sessions. Press Release reported on 10/05/21 that Ceridian Announces Dayforce HR Service Delivery
Is It Worth Investing in Ceridian HCM Holding Inc. (NYSE :CDAY) Right Now?
Plus, the 36-month beta value for CDAY is at 1.36. Opinions of the stock are interesting as 8 analysts out of 15 who provided ratings for Ceridian HCM Holding Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $115.33, which is -$13.51 below the current price. CDAY currently public float of 148.53M and currently shorts hold a 4.97% ratio of that float. Today, the average trading volume of CDAY was 1.29M shares.
CDAY’s Market Performance
CDAY stocks went up by 5.80% for the week, with a monthly jump of 14.85% and a quarterly performance of 28.76%, while its annual performance rate touched 36.44%. The volatility ratio for the week stands at 2.47% while the volatility levels for the past 30 days are set at 2.67% for Ceridian HCM Holding Inc.. The simple moving average for the period of the last 20 days is 8.74% for CDAY stocks with a simple moving average of 26.22% for the last 200 days.
Analysts’ Opinion of CDAY
Many brokerage firms have already submitted their reports for CDAY stocks, with DA Davidson repeating the rating for CDAY by listing it as a “Buy.” The predicted price for CDAY in the upcoming period, according to DA Davidson is $135 based on the research report published on October 13th of the current year 2021.
Barclays, on the other hand, stated in their research note that they expect to see CDAY reach a price target of $98. The rating they have provided for CDAY stocks is “Underweight” according to the report published on June 30th, 2021.
CDAY Trading at 11.66% from the 50-Day Moving Average
After a stumble in the market that brought CDAY to its low price for the period of the last 52 weeks, the company was able to rebound, for now settling with 1.62% of gains for the given period.
Volatility was left at 2.67%, however, over the last 30 days, the volatility rate increased by 2.47%, as shares surge +14.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +25.90% upper at present.
During the last 5 trading sessions, CDAY rose by +5.80%, which changed the moving average for the period of 200-days by +15.16% in comparison to the 20-day moving average, which settled at $113.73. In addition, Ceridian HCM Holding Inc. saw 15.28% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CDAY starting from Turner Leagh Erin, who sale 6,000 shares at the price of $106.26 back on Sep 15. After this action, Turner Leagh Erin now owns 113,111 shares of Ceridian HCM Holding Inc., valued at $637,560 using the latest closing price.
Throop Gerald C, the Director of Ceridian HCM Holding Inc., sale 8,736 shares at $112.70 during a trade that took place back on Sep 09, which means that Throop Gerald C is holding 14,638 shares at $984,547 based on the most recent closing price.
Stock Fundamentals for CDAY
Current profitability levels for the company are sitting at:
- +3.04 for the present operating margin
- +49.60 for the gross margin
The net margin for Ceridian HCM Holding Inc. stands at -0.47. The total capital return value is set at 0.95, while invested capital returns managed to touch -0.15. Equity return is now at value -3.00, with -0.90 for asset returns.
Based on Ceridian HCM Holding Inc. (CDAY), the company’s capital structure generated 33.93 points at debt to equity in total, while total debt to capital is 25.33. Total debt to assets is 10.62, with long-term debt to equity ratio resting at 33.09. Finally, the long-term debt to capital ratio is 24.70.
When we switch over and look at the enterprise to sales, we see a ratio of 19.19, with the company’s debt to enterprise value settled at 0.04. The receivables turnover for the company is 6.26 and the total asset turnover is 0.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.