For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, Dayforce Inc (NYSE: DAY) closed at $57.23 up 0.28% from its previous closing price of $57.07. In other words, the price has increased by $0.28 from its previous closing price. On the day, 2.63 million shares were traded.
Ratios:
For a deeper understanding of Dayforce Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.69 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 53.03. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.13. In the meantime, Its Debt-to-Equity ratio is 0.48 whereas as Long-Term Debt/Eq ratio is at 0.48.
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 the company, Deutsche Bank on January 08, 2025, Downgraded its rating to Hold and sets its target price to $80 from $85 previously.
On November 19, 2024, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $75.
BMO Capital Markets reiterated its Outperform rating for the stock on November 13, 2024, while the target price for the stock was revised from $80 to $90.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 13 ’25 when Holdridge Stephen H. sold 1,000 shares for $65.10 per share. The transaction valued at 65,100 led to the insider holds 159,934 shares of the business.
STEPHEN H HOLDRIDGE bought 1,000 shares of DAY for $65,100 on Feb 13 ’25. On Jan 15 ’25, another insider, Holdridge Stephen H., who serves as the President, COO of the company, sold 1,000 shares for $71.33 each. As a result, the insider received 71,330 and left with 119,022 shares of the company.
Valuation Measures:
As of this moment, Dayforce’s Price-to-Earnings (P/E) ratio for their current fiscal year is 509.62, and their Forward P/E ratio for the next fiscal year is 20.87. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 28.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.17 while its Price-to-Book (P/B) ratio in mrq is 3.57.
Stock Price History:
Over the past 52 weeks, DAY has reached a high of $82.69, while it has fallen to a 52-week low of $47.08. The 50-Day Moving Average of the stock is -16.66%, while the 200-Day Moving Average is calculated to be -9.17%.
Shares Statistics:
A total of 159.00M shares are outstanding, with a floating share count of 153.94M. Insiders hold about 3.14% of the company’s shares, while institutions hold 112.15% stake in the company.
