Dayforce Inc [DAY] stock prices are up 2.39% to $74.08 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The DAY shares have gain 6.45% over the last week, with a monthly amount drifted -0.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Dayforce Inc [NYSE: DAY] stock has seen the most recent analyst activity on January 08, 2025, when Deutsche Bank downgraded its rating to a Hold and also revised its price target to $80 from $85. Previously, Scotiabank started tracking the stock with Sector Perform rating on November 19, 2024, and set its price target to $75. On November 13, 2024, BMO Capital Markets reiterated its Outperform rating and revised its price target to $90 on the stock. BMO Capital Markets reiterated its Outperform rating and increased its price target to $80 on November 01, 2024. KeyBanc Capital Markets initiated its recommendation with a Overweight and recommended $70 as its price target on September 24, 2024. Piper Sandler upgraded its rating to Overweight for this stock on July 31, 2024, and upped its price target to $71. In a note dated June 11, 2024, BMO Capital Markets reiterated an Outperform rating on this stock but restated the target price of $75.
The stock price of Dayforce Inc [DAY] has been fluctuating between $47.08 and $82.69 over the past year. Currently, Wall Street analysts expect the stock to reach $73.67 within the next 12 months. Dayforce Inc [NYSE: DAY] shares were valued at $74.08 at the most recent close of the market. An investor can expect a potential drop of -0.55% based on the average DAY price forecast.
Analyzing the DAY fundamentals
The Dayforce Inc [NYSE:DAY] reported sales of 1.69B for trailing twelve months, representing a surge of 16.56%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.48.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 72.34 points at the first support level, and at 70.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 75.48, and for the 2nd resistance point, it is at 76.88.
Ratios To Look Out For
It’s worth pointing out that Dayforce Inc [NYSE:DAY]’s Current Ratio is 1.15. In addition, the Quick Ratio stands at 1.15 and the Cash Ratio stands at 0.12. Considering the valuation of this stock, the price to sales ratio is 6.89, the price to book ratio is 4.57 and price to earnings (TTM) ratio is 223.13.
Transactions by insiders
Recent insider trading involved Holdridge Stephen H., President, COO, that happened on Jan 15 ’25 when 1000.0 shares were sold. Officer, STEPHEN H HOLDRIDGE completed a deal on Jan 15 ’25 to buy 1000.0 shares. Meanwhile, President, COO Holdridge Stephen H. sold 1000.0 shares on Dec 13 ’24.
