Dayforce (DAY) has exhibited a subtle valuation opportunity amid its recent share price drift. The company's shareholders have backed Thoma Bravo's $12.3 billion private deal, causing the
stock to surge 23%. However, it was emphasized that revenue growth does not justify the upside. Several criticisms concerning the valuation have also arisen, asserting that the $70 per share undervalues Dayforce. Amidst this, major shareholder
Price T Rowe Associates sold shares worth $3.4 million, whereas the company's stock has witnessed heightened excitement in the market. While the Q3 earnings were reported in line with expectations, the Q2 sales beat estimates. The subsequent
acquisition by Thoma Bravo has been viewed positively by analysts, and the company plans to expand its partner network with
Microsoft and Deloitte. Despite this, Dayforce's largest shareholder, T. Rowe Price, opposes the deal. In other developments, the company launched
Dayforce AI Workspace to address workforce challenges and expanded its collaboration with
Microsoft for AI integration into workflows.
Dayforce DAY News Analytics from Thu, 08 May 2025 07:00:00 GMT to Wed, 24 Dec 2025 08:00:00 GMT -
Rating -1
- Innovation 2
- Information 5
- Rumor 3
