Dayforce (DAY) has been experiencing a tumultuous Q2. The company, after its recent rebranding, continues to make headlines in the
HR Software Stocks sector.
Investors appear pleased with Dayforce's prospects and the company recently announced their
2024 Investor day. In terms of performance, Dayforce's short interest is being analyzed, and despite seeing its stock dip, strong demand for HR services contributed to a notable bounce back. This pattern continues with a mixed bag of
financial results, including surpassing
$4B in payroll, robust revenue growth, but investors from three years ago still down 44%. The company recently announced a
$500 million share repurchase program which should be a strong point of interest for traders. Dayforce received an average rating of
'Moderate Buy' from analysts, during a period marked with appointments including
Nicole Bello as Group VP of EMEA, and release of a strategic SWOT insight. Despite reporting a mixed bag of results for
Q2 2024, Dayforce completed the
acquisition of eloomi and saw their revenue targets well within their estimates.
Dayforce DAY News Analytics from Mon, 23 Apr 2018 07:00:00 GMT to Thu, 29 Aug 2024 12:50:37 GMT -
Rating 5
- Innovation 4
- Information 7
- Rumor -4
