Dayforce Inc. (NYSE:DAY) has generated significant market attention, with varied financial reports and investment activities spanning its operations. Brokers project a
Moderate Buy rating for the company that will host its
2024 Investor Day. Anticipation of the company's earnings report is high, with market sentiment boosted by a rise in annual revenue triggered by robust payroll demand. KeyBanc is optimistic about its software platform's growth potential, causing the stock to jump. Nevertheless, there is an ongoing
investigation into potential wrongdoing. Several investment entities have taken positions in Dayforce, whose wallet surpassed
$4B in payroll delivered, reflecting a strong balance sheet. The firm's stock has been
upgraded by KeyCorp and is projected to earn Q3 2024 earnings of
$0.23 Per Share. The firm has hinted at its Q2 2024 financial results; however, the stock now appears fully valued following a change to a bear case rating. Despite rebranding, the company maintains an equal bull and bear case. Dayforce Inc has also announced a
$500 million share repurchase program. Investors must note Dayforce Inc. was called Ceridian before and the ticker changed to DAY from CDAY.
Dayforce DAY News Analytics from Wed, 31 Jul 2019 07:00:00 GMT to Sat, 05 Oct 2024 16:36:02 GMT -
Rating 5
- Innovation -4
- Information 7
- Rumor 3
