Dayforce Inc (NYSE:DAY) plans to announce Q4 and yearly earnings for 2024 on February 5. In recent news, COO Stephen H. Holdridge sold 1,000 shares, yet calculations suggest it's 27% undervalued. A new investment worth of $1.64 Million was made by Retireful LLC. Dayforce also announced the launch of Dayforce AI Agents and Dayforce Strategic Workforce Planning. Q3 earnings surpassed estimates, while the share price target was cut to $83.00 by Citigroup analysts. Recently, Dayforce's stocks shot up 33%, and it is also planning to host a 2024 Investor Day. Dayforce has introduced a new brand campaign 'Do the Work You're Meant to Do' and released the financial results for the third quarter of 2024. On the downside, Barclays issued a pessimistic forecast for Dayforce's stock price, and Deutsche Bank downgraded Dayforce to 'Hold' from 'Buy'. Looking at the balance sheet, Dayforce reported a surprising Q3 2024 revenue surge of $440 Million, yet the investors who invested three years ago are reportedly in the red. Ceridian has also undergone a change, becoming Dayforce, and announced the accomplishment of the purchase of eloomi.
Dayforce DAY News Analytics from Wed, 31 Jul 2019 07:00:00 GMT to Sat, 18 Jan 2025 02:16:41 GMT -
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