Dayforce Inc has been under the microscope with numerous
analyst ratings, which granted it an average price target of
$73.40. The company recently launched the Dayforce Partner Exchange and changed its NYSE ticker symbol to 'DAY'. Despite showing strong Q1 2024 performance with strategic improvements,
Dayforce line Q1 earnings fell short of estimates. Downgrades of its price target from investment firms like Mizuho followed suit, but William Blair continues to rate it as outperform. The company's
EVP, COO Christopher Armstrong sold 60,000 shares. A legal investigation was also encouraged by Bronstein, Gewirtz & Grossman, LLC for potential security violations. Despite a slight dip in share value after Blue Orca Capital took a short position, composite ratings of Dayforce's stocks are soaring. Plans for a new tiered approach to Dayforce Managed Payroll and the appointment of new executive management team members, such as Amy Cappellanti-Wolf as EVP and Chief People Officer, are strategic moves to reinforce its operations.
Dayforce DAY News Analytics from Wed, 31 Jul 2019 07:00:00 GMT to Thu, 09 May 2024 12:37:06 GMT -
Rating 0
- Innovation 3
- Information 8
- Rumor 3
