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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.93 million shares were traded. DAY stock price reached its highest trading level at $55.93 during the session, while it also had its lowest trading level at $54.44.
Ratios:
To gain a deeper understanding of DAY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.33 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 84.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.50.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on June 11, 2024, Reiterated its Outperform rating and also kept its target price maintained to $75.
On January 10, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $75.
On November 07, 2023, UBS started tracking the stock assigning a Buy rating and target price of $87.UBS initiated its Buy rating on November 07, 2023, with a $87 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 20 ’24 when McDonald William Everett sold 5,995 shares for $63.28 per share. The transaction valued at 379,364 led to the insider holds 73,385 shares of the business.
Armstrong Christopher R sold 60,000 shares of DAY for $4,148,139 on Mar 22 ’24. The EVP, Chief Operating Officer now owns 149,319 shares after completing the transaction at $69.14 per share. On Nov 10 ’23, another insider, Heuland Noemie Clemence, who serves as the EVP, CFO of the company, sold 3,000 shares for $65.18 each. As a result, the insider received 195,540 and left with 58,353 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DAY now has a Market Capitalization of 8780819456 and an Enterprise Value of 9627718656. As of this moment, Dayforce’s Price-to-Earnings (P/E) ratio for their current fiscal year is 170.53, and their Forward P/E ratio for the next fiscal year is 27.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.80. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.58 while its Price-to-Book (P/B) ratio in mrq is 3.61. Its current Enterprise Value per Revenue stands at 6.114 whereas that against EBITDA is 40.385.
Stock Price History:
Over the past 52 weeks, DAY has reached a high of $75.53, while it has fallen to a 52-week low of $47.08. The 50-Day Moving Average of the stock is 3.18%, while the 200-Day Moving Average is calculated to be -12.85%.
Shares Statistics:
It appears that DAY traded 1.87M shares on average per day over the past three months and 1871230 shares per day over the past ten days. A total of 156.30M shares are outstanding, with a floating share count of 155.04M. Insiders hold about 1.81% of the company’s shares, while institutions hold 110.07% stake in the company. Shares short for DAY as of 1719532800 were 15704566 with a Short Ratio of 8.41, compared to 1717113600 on 13448548. Therefore, it implies a Short% of Shares Outstanding of 15704566 and a Short% of Float of 15.010001.
