Shares of Dayforce Inc (NYSE:DAY – Get Free Report) have received a consensus rating of “Moderate Buy” from the nine analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $69.13.
DAY has been the topic of several research reports. Piper Sandler Companies reaffirmed a “neutral” rating and issued a $68.00 target price on shares of Dayforce in a report on Friday, May 17th. Needham & Company LLC reaffirmed a “buy” rating and set a $82.00 price objective on shares of Dayforce in a report on Thursday, May 2nd. Mizuho reduced their price target on shares of Dayforce from $95.00 to $80.00 and set a “buy” rating on the stock in a research report on Monday, May 6th. BMO Capital Markets reiterated an “outperform” rating and set a $75.00 price objective on shares of Dayforce in a research report on Tuesday, June 11th. Finally, William Blair restated an “outperform” rating on shares of Dayforce in a report on Thursday, May 2nd.
Get Our Latest Stock Analysis on Dayforce
Dayforce Price Performance
Dayforce (NYSE:DAY – Get Free Report) last posted its earnings results on Wednesday, May 1st. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.02). The company had revenue of $431.50 million for the quarter, compared to analysts’ expectations of $426.15 million. Dayforce had a net margin of 3.30% and a return on equity of 5.38%. On average, sell-side analysts anticipate that Dayforce will post 0.9 earnings per share for the current year.
About Dayforce
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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