Dayforce Inc (NYSE:DAY) maintains a balanced recommendation from brokerages and analysts, despite recent oversell reporting and 12-month low of
$54.07. The company's global footprint continues to expand with the introduction of
Dayforce Payroll in Singapore. Annotating success in the HR software segment, Dayforce delivers robust revenue and operating profit growth in Q1 2024, beating EPS and revenue estimates. The company further aims to strengthen its position on the debt front. New opportunities such as
Dayforce® Flex Work and
Dayforce Partner Exchange have been introduced, while senior leadership saw changes, with Amy Cappellanti-Wolf stepping in as new EVP and Chief People Officer. Changing its name from
Ceridian to Dayforce, they also secured a
$1 billion financing for further growth. The partnership with
Green Dot vouches for innovative strides, despite short interest inclinations by
Blue Orca Capital. Regardless of the stock price adjustment to
$75.00, the firm was recognized among America's Most JUST Companies and successfully acquired
eloomi. An ongoing investigation about possible violations of securities laws creates apprehensions, yet rising composite ratings positively underline Dayforce's performance.
Dayforce DAY News Analytics from Mon, 23 Apr 2018 07:00:00 GMT to Fri, 31 May 2024 17:45:19 GMT -
Rating 0
- Innovation 3
- Information 6
- Rumor -5
