Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Ceridian HCM Holding Inc Market Cap
From what 12 stock analysts predict, the share price for Ceridian HCM Holding Inc (CDAY) might decrease by 4.51% in the next year. This is based on a 12-month average estimation for CDAY. Price targets go from $62 to $95. The majority of stock analysts believe CDAY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 12 Wall Street analysts have assignedCDAY 4 buy ratings, 8 hold ratings, and 0 sell ratings. This means that analysts expect Ceridian HCM Holding Inc to hold. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on CDAY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of CDAY.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
Needham | Buy | Reiterates | Feb 12, 2024 | |
Needham | Buy | Reiterates | Feb 8, 2024 | |
Piper Sandler | Neutral | Maintains | Feb 8, 2024 | |
Barclays | Equal-Weight | Maintains | Feb 8, 2024 | |
| Mark Marcon Baird | Outperform | $86 | Reiterates | Jan 19, 2024 |
| Brad Reback Stifel | Buy | $75 | Initiates | Jan 10, 2024 |
| Scott Berg Needham | Buy | $82 | Reiterates | Dec 5, 2023 |
| Kevin Mcveigh UBS | Buy | $87 | Initiates | Nov 7, 2023 |
| Mark Murphy JP Morgan | Neutral | $62 | Maintains | Nov 2, 2023 |
| Scott Berg Needham | Buy | $82 | Reiterates | Nov 2, 2023 |
| Kevin Kumar Goldman Sachs | Neutral | $74 | Initiates | Oct 23, 2023 |
| Arvind Ramnani Piper Sandler | Neutral | $73 | Reiterates | Oct 12, 2023 |
| Scott Berg Needham | Buy | $82 | Upgrade | Oct 5, 2023 |
| Arvind Ramnani Piper Sandler | Neutral | $73 | Maintains | Aug 3, 2023 |
| Raimo Lenschow Barclays | Equal-Weight | $74 | Maintains | Aug 3, 2023 |
Citigroup | Buy | Maintains | Jul 21, 2023 | |
TD Cowen | Market Perform | Downgrade | Jul 13, 2023 | |
| Bryan Bergin TD Cowen | Outperform | $69 | Maintains | May 9, 2023 |
| Arvind Ramnani Piper Sandler | Neutral | $70 | Maintains | May 4, 2023 |
| Raimo Lenschow Barclays | Equal-Weight | $73 | Maintains | May 4, 2023 |
When did it IPO
2018
Staff Count
8,526
Country
United States
Sector/Industry
Technology/Software—Application
CEO
Mr. David D. Ossip
Market Cap
$10.89B
In 2023, CDAY generated $1.51B in revenue, which was a increase of 21.47% from the previous year. This can be seen as a signal that CDAY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Wed, 31 Jan 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Ceridian (CDAY) is expected to report earnings that may exceed analyst forecasts, indicating strong performance ahead.
Why It Matters - Ceridian's potential earnings beat could boost stock performance, signaling strong financial health and attracting investor interest, impacting share price positively.
Sat, 27 Jan 2024
Sentiment - POSITIVE
Source - Seeking Alpha
Summary - Ceridian HCM will rebrand as Dayforce and change its ticker to DAY on February 1, 2024. Analysts predict a return to profitability and increased earnings per share starting in 2023.
Why It Matters - Ceridian's rebranding and ticker change signal a fresh strategy, aligning with expected profitability recovery and growth in earnings per share, potentially attracting investor interest.
Mon, 22 Jan 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Ceridian HCM Holding Inc. will change its ticker symbol from CDAY to DAY on NYSE and TSX, effective February 1, 2024.
Why It Matters - The ticker symbol change to DAY could affect stock visibility and trading dynamics, potentially impacting investor perception and liquidity of Ceridian HCM shares.
Thu, 18 Jan 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Dayforceâ„¢ introduces enhanced people development features, enabling customers to implement optimized training and development programs for their extended workforce.
Why It Matters - Enhanced training capabilities for Dayforceâ„¢ improve workforce efficiency and productivity, potentially boosting client satisfaction and revenue growth, impacting stock performance positively.
Fri, 19 Jan 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Ceridian (CDAY) has a strong earnings surprise history and is well-positioned for a potential earnings beat in its upcoming quarterly report.
Why It Matters - Ceridian's strong earnings history and favorable conditions suggest potential for positive earnings surprises, which can lead to stock price increases and heightened investor confidence.
Wed, 17 Jan 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Ceridian HCM Holding Inc. (NYSE:CDAY) will release its Q4 and full-year 2023 financial results on February 7, 2024, before market trading begins.
Why It Matters - Ceridian's upcoming financial results on February 7, 2024, will provide insights into its performance, potentially influencing stock prices and investor sentiment.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
