Dayforce Inc [DAY] stock is trading at $66.68, up 2.89%. An important factor to consider is whether the stock is rising or falling in short-term value. The DAY shares have gain 1.54% over the last week, with a monthly amount drifted -5.42%, 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.
Dayforce Inc [DAY] stock has fluctuated between $47.08 and $82.69 over the past year. Currently, Wall Street analysts expect the stock to reach $75 within the next 12 months. Dayforce Inc [NYSE: DAY] shares were valued at $66.68 at the most recent close of the market. An investor can expect a potential return of 12.48% based on the average DAY price forecast.
Analyzing the DAY fundamentals
Dayforce Inc [NYSE:DAY] reported sales of 1.76B for the trailing twelve months, which represents a growth of 16.39%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.
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 65.25 points at the first support level, and at 63.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 67.40, and for the 2nd resistance point, it is at 68.11.
Ratios To Look Out For
For context, Dayforce Inc’s Current Ratio is 1.13. On the other hand, the Quick Ratio is 1.15, and the Cash Ratio is 1.99. Considering the valuation of this stock, the price to sales ratio is 5.97, the price to book ratio is 4.16 and price to earnings (TTM) ratio is 593.77.
Transactions by insiders
Recent insider trading involved STEPHEN H HOLDRIDGE, Officer, that happened on Feb 13 ’25 when 1000.0 shares were purchased. President, COO, Holdridge Stephen H. completed a deal on Jan 15 ’25 to sell 1000.0 shares. Meanwhile, Officer STEPHEN H HOLDRIDGE bought 1000.0 shares on Jan 15 ’25.
