Dayforce Inc (NYSE: DAY) has a price-to-earnings ratio of 576.67x that is above its average ratio. Additionally, the 36-month beta value for DAY is 1.32. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 4 rating it as “overweight,” 9 rating it as “hold,” and 0 rating it as “sell.”
The public float for DAY is 149.00M and currently, short sellers hold a 5.10% ratio of that float. The average trading volume of DAY on February 12, 2025 was 1.59M shares.
DAY) stock’s latest price update
The stock price of Dayforce Inc (NYSE: DAY) has dropped by -0.75 compared to previous close of 65.25. Despite this, the company has seen a fall of -1.88% in its stock price over the last five trading days. seekingalpha.com reported 2025-02-05 that Dayforce’s stock fell ~8% after a weakly received 2025 outlook, creating a buying opportunity, with shares now trading at an attractive price near $67. Despite a deceleration in revenue growth, Dayforce’s constant currency growth is 15.5-17.0%, with management expecting 15% long-term growth and 100-150bps EBITDA margin expansion. Dayforce’s Q4 revenue grew 16% y/y, beating expectations, with core recurring revenue up 20% y/y and sales cycles normalizing, boosting confidence in future targets.
DAY’s Market Performance
DAY’s stock has fallen by -1.88% in the past week, with a monthly drop of -8.04% and a quarterly drop of -20.19%. The volatility ratio for the week is 3.99% while the volatility levels for the last 30 days are 3.18% for Dayforce Inc The simple moving average for the past 20 days is -6.48% for DAY’s stock, with a 3.17% simple moving average for the past 200 days.
Analysts’ Opinion of DAY
Many brokerage firms have already submitted their reports for DAY stocks, with Deutsche Bank repeating the rating for DAY by listing it as a “Hold.” The predicted price for DAY in the upcoming period, according to Deutsche Bank is $80 based on the research report published on January 08, 2025 of the current year 2025.
Scotiabank, on the other hand, stated in their research note that they expect to see DAY reach a price target of $75. The rating they have provided for DAY stocks is “Sector Perform” according to the report published on November 19th, 2024.
BMO Capital Markets gave a rating of “Outperform” to DAY, setting the target price at $90 in the report published on November 13th of the previous year.
DAY Trading at -11.10% from the 50-Day Moving Average
After a stumble in the market that brought DAY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -21.68% of loss for the given period.
Volatility was left at 3.18%, however, over the last 30 days, the volatility rate increased by 3.99%, as shares sank -8.54% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.27% lower at present.
During the last 5 trading sessions, DAY fell by -2.30%, which changed the moving average for the period of 200-days by +8.22% in comparison to the 20-day moving average, which settled at $69.23. In addition, Dayforce Inc saw -10.85% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DAY starting from Holdridge Stephen H., who sale 1,000 shares at the price of $71.33 back on Jan 15 ’25. After this action, Holdridge Stephen H. now owns 119,022 shares of Dayforce Inc, valued at $71,330 using the latest closing price.
STEPHEN H HOLDRIDGE, the Officer of Dayforce Inc, proposed sale 1,000 shares at $71.33 during a trade that took place back on Jan 15 ’25, which means that STEPHEN H HOLDRIDGE is holding shares at $71,330 based on the most recent closing price.
Stock Fundamentals for DAY
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.48 for the gross margin
The net margin for Dayforce Inc stands at 0.01. The total capital return value is set at 0.01. Equity return is now at value 0.73, with 0.20 for asset returns.
Based on Dayforce Inc (DAY), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 12.18. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 2.82.
Currently, EBITDA for the company is 158.6 million with net debt to EBITDA at -2.21. When we switch over and look at the enterprise to sales, we see a ratio of 5.47. The receivables turnover for the company is 6.65for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.13.
Conclusion
In conclusion, Dayforce Inc (DAY) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
