Dayforce (DAY) is recognized among the top 25 undervalued stocks on the Toronto Stock Exchange. Investors are satisfied with its prospects and the company's strong quarterly results driven by demand for HR services, leading to a surge in stock. Dayforce Wallet has surpassed $4 billion in payroll delivered. The company is set to release quarterly earnings and strong performance is anticipated with Q2 earnings expected to top estimates. This positive momentum is driven by a no shortage of growth in Dayforce’s returns on capital and leading performance in the HR software pack. Furthermore, Dayforce has announced a $500 million share repurchase program and rating upgrades from Piper Sandler and others. Some investors, however, still express concerns about mixed fundamentals. Moreover, current investors have suffered a 44% decrease over the past three years. There's also been the release of Dayforce Partner Exchange and Dayforce Flex Work, showcasing innovation. Dayforce has acquired eloomi and become Dayforce, signaling business expansion. However, a short position from Blue Orca Capital has led to a decline in the stock.
Dayforce DAY News Analytics from Mon, 23 Apr 2018 07:00:00 GMT to Sun, 18 Aug 2024 20:15:00 GMT -
Rating 6
- Innovation 5
- Information 6
- Rumor -2
