Key Points
- Jeffrey Scott Jacobs, an insider at Dayforce, sold 500 shares on January 26 at an average price of $69.36 for $34,680, trimming his holding by 1.01% to 48,901 shares (≈$3.39M).
- Dayforce missed quarterly EPS expectations—$0.37 vs. $0.56 forecast—while reporting a negative net margin of 7.91% and revenue of $481.6M, up 9.5% year-over-year.
- Shares trade near $69.36 (12‑month range $48.01–$74.03) with a market cap of about $11.1B, and analysts hold a consensus "Hold" rating with an average target of $70.36.
Dayforce, Inc. (NYSE:DAY - Get Free Report) insider Jeffrey Scott Jacobs sold 500 shares of the business's stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $69.36, for a total value of $34,680.00. Following the completion of the transaction, the insider directly owned 48,901 shares of the company's stock, valued at approximately $3,391,773.36. This trade represents a 1.01% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Dayforce Price Performance
Shares of NYSE:DAY opened at $69.36 on Thursday. The firm has a 50 day moving average of $69.20 and a 200-day moving average of $66.63. Dayforce, Inc. has a 12 month low of $48.01 and a 12 month high of $74.03. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.23. The stock has a market capitalization of $11.10 billion, a PE ratio of -73.78, a PEG ratio of 2.12 and a beta of 1.18.
Dayforce (NYSE:DAY - Get Free Report) last announced its quarterly earnings data on Wednesday, October 29th. The company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.56 by ($0.19). Dayforce had a negative net margin of 7.91% and a positive return on equity of 6.54%. The firm had revenue of $481.60 million for the quarter, compared to analyst estimates of $481.22 million. During the same quarter in the prior year, the firm earned $0.47 earnings per share. The firm's revenue for the quarter was up 9.5% on a year-over-year basis. On average, equities research analysts predict that Dayforce, Inc. will post 1.48 EPS for the current fiscal year.
Hedge Funds Weigh In On Dayforce
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. MUFG Securities EMEA plc acquired a new position in shares of Dayforce during the second quarter worth $26,000. UMB Bank n.a. raised its position in Dayforce by 82.6% during the 3rd quarter. UMB Bank n.a. now owns 431 shares of the company's stock worth $30,000 after purchasing an additional 195 shares during the last quarter. Assetmark Inc. lifted its holdings in Dayforce by 701.4% during the 2nd quarter. Assetmark Inc. now owns 561 shares of the company's stock worth $31,000 after buying an additional 491 shares during the period. True Wealth Design LLC increased its stake in shares of Dayforce by 419.1% in the fourth quarter. True Wealth Design LLC now owns 462 shares of the company's stock valued at $32,000 after buying an additional 373 shares during the period. Finally, Quent Capital LLC acquired a new stake in shares of Dayforce in the third quarter valued at about $34,000.
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the company. UBS Group cut Dayforce from a "strong-buy" rating to a "hold" rating in a research report on Saturday, November 15th. Needham & Company LLC reaffirmed a "hold" rating on shares of Dayforce in a report on Thursday, October 30th. Zacks Research raised shares of Dayforce from a "strong sell" rating to a "hold" rating in a research note on Tuesday, December 30th. Finally, Weiss Ratings restated a "sell (d)" rating on shares of Dayforce in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $70.36.
View Our Latest Stock Report on Dayforce
Dayforce Company Profile
(
Get Free Report)
Dayforce 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 and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides payroll and payroll-related services; and implementation and professional services.
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