Upturn unsubscribed user
$1.14/ day, billed weekly
Cancel anytime
(Ad-Free, Unlimited access)​
NO CREDIT CARD REQUIRED
DAY logo DAY
Upturn stock ratingUpturn stock rating
DAY logo

Dayforce Inc. (DAY)

Upturn stock ratingUpturn stock rating
$58.34
Delayed price
upturn advisory
PASS
  • BUY Advisory
  • SELL Advisory (Profit)​
  • SELL Advisory (Loss)​
  • Profit
  • Loss
  • Pass (Skip investing)
Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
(see disclosures)
Time period over
  • ALL
  • YEAR
  • MONTH
  • WEEK

Upturn Advisory Summary

04/01/2025: DAY (3-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

AI Based Fundamental Rating

ratingratingratingratingrating

Moderate Performance

These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.

Analysis of Past Performance

Type Stock
Historic Profit 10.54%
Avg. Invested days 53
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 2.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 04/01/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 9.23B USD
Price to earnings Ratio 530.36
1Y Target Price 77.9
Price to earnings Ratio 530.36
1Y Target Price 77.9
Volume (30-day avg) 2124819
Beta 1.33
52 Weeks Range 47.08 - 82.69
Updated Date 04/1/2025
52 Weeks Range 47.08 - 82.69
Updated Date 04/1/2025
Dividends yield (FY) -
Basic EPS (TTM) 0.11

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 1.03%
Operating Margin (TTM) 5.2%

Management Effectiveness

Return on Assets (TTM) 0.7%
Return on Equity (TTM) 0.73%

Valuation

Trailing PE 530.36
Forward PE 18.38
Enterprise Value 9923094528
Price to Sales(TTM) 5.25
Enterprise Value 9923094528
Price to Sales(TTM) 5.25
Enterprise Value to Revenue 5.61
Enterprise Value to EBITDA 34.31
Shares Outstanding 158262000
Shares Floating 144303958
Shares Outstanding 158262000
Shares Floating 144303958
Percent Insiders 1.23
Percent Institutions 111.64

Analyst Ratings

Rating 3.9
Target Price 83.56
Buy 4
Strong Buy 7
Buy 4
Strong Buy 7
Hold 9
Sell -
Strong Sell -
Strong Sell -

ai summary icon Upturn AI SWOT

Dayforce Inc.

stock logo

Company Overview

overview logo History and Background

Dayforce, now a division of Ceridian HCM Holding Inc., was founded in 1992 as Dayforce. It focused on delivering cloud-based human capital management (HCM) solutions. Ceridian acquired Dayforce in 2012 and has since operated under the Dayforce brand, significantly expanding its market presence in the HCM space.

business area logo Core Business Areas

  • HCM Software: Offers a comprehensive cloud-based platform covering HR, payroll, benefits, workforce management, and talent management.

leadership logo Leadership and Structure

Ceridian HCM Holding Inc. operates Dayforce. The leadership includes a CEO and other executives overseeing various departments. The organizational structure is hierarchical, with different teams focused on product development, sales, marketing, and customer support.

Top Products and Market Share

overview logo Key Offerings

  • Dayforce HCM Platform: A cloud-based platform integrating HR, payroll, benefits, workforce management, and talent management. Ceridian claims over 6,350 customers globally for the Dayforce platform. Competitors include Workday, SAP SuccessFactors, and Oracle HCM Cloud.

Market Dynamics

industry overview logo Industry Overview

The HCM market is experiencing significant growth driven by digital transformation, the need for integrated solutions, and increasing regulatory compliance. Cloud-based HCM solutions are becoming increasingly popular.

Positioning

Dayforce is positioned as a leading provider of cloud-based HCM solutions, known for its unified platform and strong focus on user experience. It competes with larger players but differentiates itself through its integrated approach.

Total Addressable Market (TAM)

The global HCM market is estimated at over $25 billion. Dayforce, as a major player, captures a significant portion of this TAM. Market analysts estimate that the TAM continues to grow YoY.

Upturn SWOT Analysis

Strengths

  • Integrated Platform
  • Cloud-Based Solution
  • Strong User Experience
  • Scalability

Weaknesses

  • Relatively smaller market share compared to larger competitors
  • Potential for higher implementation costs compared to some competitors

Opportunities

  • Expanding into new geographic markets
  • Developing innovative solutions using AI and machine learning
  • Acquiring smaller companies to enhance product offerings

Threats

  • Intense competition from established players
  • Economic downturn affecting IT spending
  • Data security and privacy concerns

Competitors and Market Share

competitor logo Key Competitors

  • WORK
  • ORCL
  • SAP

Competitive Landscape

Dayforce benefits from a complete product portfolio that allows a better end to end customer experience. However, it has less global reach than some of the bigger players.

Major Acquisitions

Ascender HCM

  • Year: 2021
  • Acquisition Price (USD millions): 154
  • Strategic Rationale: Expanded presence in the Asia-Pacific region.

Growth Trajectory and Initiatives

Historical Growth: Dayforce has experienced significant growth in recent years, driven by the increasing adoption of cloud-based HCM solutions. This has been achieved via organic growth, new customer aquisitions, and acquisition of complementary businesses.

Future Projections: Analysts project continued growth for Dayforce, driven by the increasing demand for HCM solutions and the company's strong market position. Expect single to double-digit growth YoY.

Recent Initiatives: Recent initiatives include product enhancements, expansion into new markets, and partnerships with other technology providers.

Summary

Dayforce, as a division of Ceridian, is a solid HCM player with a robust cloud-based platform. Its integrated approach is working well, attracting a considerable customer base. Dayforce needs to watch out for competitive pressure from larger vendors and continue to innovate to maintain its growth trajectory. Ceridianu2019s strength as the parent company also enhances Dayforce's stability.

Similar Companies

ADPratingrating

Automatic Data Processing Inc

$306.45
Large-Cap Stock
1.05%
REGULAR BUY
BUY since 26 days

ADPratingrating

Automatic Data Processing Inc

$306.45
Large-Cap Stock
BUY since 26 days
1.05%
REGULAR BUY

ORCLratingrating

Oracle Corporation

$141.94
Large-Cap Stock
0%
PASS

ORCLratingrating

Oracle Corporation

$141.94
Large-Cap Stock
0%
PASS

PAYXratingrating

Paychex Inc

$154.59
Large-Cap Stock
0%
PASS

PAYXratingrating

Paychex Inc

$154.59
Large-Cap Stock
0%
PASS

SAPratingrating

SAP SE ADR

$270.34
Large-Cap Stock
0%
PASS

SAPratingrating

SAP SE ADR

$270.34
Large-Cap Stock
0%
PASS

Sources and Disclaimers

Data Sources:

  • Company Website
  • Analyst Reports
  • Financial News Sources
  • Ceridian HCM Holding Inc. Investor Relations

Disclaimers:

The information provided is for informational purposes only and should not be considered financial advice. Market conditions and company performance can change rapidly. Consult with a qualified financial advisor before making any investment decisions.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Dayforce Inc.

Exchange NYSE
Headquaters Minneapolis, MN, United States
IPO Launch date 2018-04-26
Chairman & CEO Mr. David D. Ossip
Sector Technology
Industry Software - Application
Full time employees 9600
Full time employees 9600

Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, Australia, and internationally. The company 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. It also provides payroll and payroll-related services; and professional services for its solutions, which include training and implementation consulting services. In addition, the company is involved in the shipment, rental, maintenance, and sale of payroll time clocks. It sells its solutions through direct sales force and third-party channels. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce Inc. in February 2024. Dayforce Inc. was founded in 1992 and is headquartered in Minneapolis, Minnesota.

Upturn is now on iOS and Android!

Experience Upturn on your mobile. Install it now!​