Ceridian HCM (CDAY) Stock Price, News & Analysis

Company Overview

Ceridian HCM Holding Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

Key Stats

• Today's Range: $58.47 to $59.76
• 50-Day Range: $51.08 to $60.41
• 52-Week Range: $55.62 to $79.66
• Volume: 1.69 million shs
• Average Volume: 1.31 million shs
• Market Capitalization: $9.18 billion
• P/E Ratio: 1,960.32
• Dividend Yield: N/A
• Price Target: $77.00
• Consensus Rating: Moderate Buy

Ceridian HCM Stock Analysis - MarketRank™

Ceridian HCM scored higher than 50% of companies evaluated by MarketBeat, and ranked 367th out of 669 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Ceridian HCM has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Ceridian HCM has received no research coverage in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 61.82%

Earnings Growth

Earnings for Ceridian HCM are expected to grow by 61.82% in the coming year, from $0.55 to $0.89 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ceridian HCM is 1,960.32, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 137.45.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ceridian HCM is 1,960.32, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 265.54.

Price to Earnings Growth Ratio

Ceridian HCM has a PEG Ratio of 2.12. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Ceridian HCM has a P/B Ratio of 4.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for CDAY.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ceridian HCM does not currently pay a dividend.

Dividend Growth

Ceridian HCM does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.9 / 5
• Environmental Score: -0.21

Short Interest

There is no current short interest data available for CDAY.

News and Social Media

• Score: 0.0 / 5
• News Sentiment: N/A

News Coverage This Week

MarketBeat has tracked 1 news article for Ceridian HCM this week, compared to 3 articles on an average week.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ceridian HCM insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.50% of the stock of Ceridian HCM is held by insiders.

CDAY Stock Analysis - Frequently Asked Questions

How have CDAY shares performed this year?

Ceridian HCM's stock was trading at $67.12 at the beginning of 2024. Since then, CDAY stock has decreased by 12.4% and is now trading at $58.79.
View the best growth stocks for 2024 here.

How were Ceridian HCM's earnings last quarter?

Ceridian HCM Holding Inc. (NYSE:CDAY) issued its quarterly earnings data on Wednesday, November, 3rd. The company reported $0.05 earnings per share for the quarter, beating analysts' consensus estimates of ($0.09) by $0.14. The business earned $257.20 million during the quarter, compared to the consensus estimate of $253.72 million. Ceridian HCM had a trailing twelve-month return on equity of 2.03% and a net margin of 0.28%.

Does Ceridian HCM have any subsidiaries?

Ceridian HCM subsidiaries include these companies: ADAM Human Capital Management, DataFuzion Inc., Ideal, Ascender Japan, Excelity, RITEQ, Ceridian Dayforce, and others.

When did Ceridian HCM IPO?

Ceridian HCM (CDAY) raised $420 million in an initial public offering (IPO) on Thursday, April 26th 2018. The company issued 21,000,000 shares at $19.00-$21.00 per share. Goldman Sachs, J.P. Morgan, Credit Suisse and Deutsche Bank Securities acted as the underwriters for the IPO and Barclays, Citigroup, Jefferies, CIBC Capital Markets, Wells Fargo Securities, Baird, Canaccord Genuity, Piper Jaffray, William Blair and MUFG were co-managers.

Who are Ceridian HCM's major shareholders?

Top institutional investors of Ceridian HCM include Sound Income Strategies LLC and Concourse Financial Group Securities Inc.. Insiders that own company stock include Leagh Erin Turner, Christopher R Armstrong, Joseph B Korngiebel, Stephen H Holdridge, Rakesh Subramanian, Noemie Clemence Heuland, William Everett Mcdonald, Jeffrey Scott Jacobs, David D Ossip and Thomas M Hagerty.
View institutional ownership trends.

How do I buy shares of Ceridian HCM?

Shares of CDAY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Ceridian HCM own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ceridian HCM investors own include Workday (WDAY), Advanced Micro Devices (AMD), Alibaba Group (BABA), NVIDIA (NVDA), Adobe (ADBE), Alteryx (AYX) and Costco Wholesale (COST).

Company Calendar

• Last Earnings: 11/03/2021
• Today: 9/27/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: N/A
• Current Symbol: NYSE:CDAY
• CUSIP: N/A
• CIK: 1725057
• Web: www.ceridian.com
• Phone: (952) 853-8100
• Fax: N/A
• Employees: 8,526
• Year Founded: 1992

Price Target and Rating

• Average Stock Price Target: $77.00
• High Stock Price Target: $87.00
• Low Stock Price Target: $62.00
• Potential Upside/Downside: +31.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.57
• Research Coverage: 7 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.03
• Trailing P/E Ratio: 1,950.32
• Forward P/E Ratio: 106.35
• P/E Growth: 2.12
• Net Income: $-73,400,000.00
• Net Margins: 0.28%
• Pretax Margin: 4.00%
• Return on Equity: 2.03%
• Return on Assets: 0.51%

Debt

• Debt-to-Equity Ratio: 0.53
• Current Ratio: 1.09
• Quick Ratio: 1.09

Sales & Book Value

• Annual Sales: $1.45 billion
• Price / Sales: 6.30
• Cash Flow: $0.38 per share
• Price / Cash Flow: 153.04
• Book Value: $13.89 per share
• Price / Book: 4.21

Miscellaneous

• Outstanding Shares: 156,127,000
• Free Float: 149,101,000
• Market Cap: $9.13 billion
• Optionable: Optionable
• Beta: 1.38