The recent trading activity and development surrounding Dayforce (DAY) include different viewpoints on valuation following share price stability, purchase by Charles Schwab Investment Management, and increasing retirement gaps by gender, race, and income. Thoma Bravo is set to acquire the firm in a $12.3 billion deal, which has mixed reactions among the stakeholders. However, the firm showed consistency in revenue growth, which was in line with market expectations.
Both Vanguard Group Inc., and Envestnet Asset Management Inc. have significant stock holdings in the company. Although Q3 earnings results missed estimates, the revenue steadily rose, and the firm reported steady progress against lingering losses. Dayforce AI Workspace, a recently unveiled product, focuses on addressing workforce challenges.
Despite strong sales in Q2, full-year sales guidance missed expectations remarkably. More so, advanced talks about a $70 per share buyout by Thoma Bravo are underway. Plans to make Dayforce private by appointing Thoma Bravo as the administering body, are ongoing too with an optimistic outlook.
Dayforce DAY News Analytics from Wed, 07 May 2025 07:00:00 GMT to Mon, 01 Dec 2025 08:53:08 GMT - Rating 2 - Innovation 8 - Information 7 - Rumor 3
