January 24, 2023, Ceridian HCM Holding Inc. (NYSE: CDAY) trading session started at the price of $72.26, that was 0.33% jump from the session before. During the day, the shares moved up to $74.00 and dropped to $71.855 before settling in for the closing price of $72.79. A 52-week range for CDAY has been $43.23 – $81.07.
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During the last 5-year period, the sales growth of Technology Sector giant was 7.80%. When this article was written, the company’s average yearly earnings per share was at 148.60%. With a float of $152.11 million, this company’s outstanding shares have now reached $153.19 million.
Let’s determine the extent of company efficiency that accounts for 7462 employees. In terms of profitability, gross margin is +48.09, operating margin of -2.74, and the pretax margin is -8.82.
Ceridian HCM Holding Inc. (CDAY) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Ceridian HCM Holding Inc. stocks. The most recent insider transaction that took place on Jan 09, was worth 399,880. In this transaction Co-Chief Executive Officer of this company sold 6,500 shares at a rate of $61.52, taking the stock ownership to the 176,643 shares. Before that another transaction happened on Dec 07, when Company’s Co-Chief Executive Officer sold 6,500 for $62.74, making the entire transaction worth $407,798. This insider now owns 176,643 shares in total.
Ceridian HCM Holding Inc. (CDAY) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 6/29/2022, it has been observed that the corporation posted $0.29 earnings per share (EPS) during the time that was better than consensus figure (set at $0.13) by $0.16. This company achieved a net margin of -7.36 while generating a return on equity of -3.49. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.16 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 148.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 44.50% during the next five years compared to 11.60% growth over the previous five years of trading.
Ceridian HCM Holding Inc. (NYSE: CDAY) Trading Performance Indicators
You can see what Ceridian HCM Holding Inc. (CDAY) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.07. Likewise, its price to free cash flow for the trailing twelve months is 142.12.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.51, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 0.96 in one year’s time.
Technical Analysis of Ceridian HCM Holding Inc. (CDAY)
Looking closely at Ceridian HCM Holding Inc. (NYSE: CDAY), its last 5-days average volume was 1.15 million, which is a jump from its year-to-date volume of 1.02 million. As of the previous 9 days, the stock’s Stochastic %D was 96.01%. Additionally, its Average True Range was 2.71.
During the past 100 days, Ceridian HCM Holding Inc.’s (CDAY) raw stochastic average was set at 95.69%, which indicates a significant increase from 93.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.55% in the past 14 days, which was lower than the 56.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $65.61, while its 200-day Moving Average is $59.28. However, in the short run, Ceridian HCM Holding Inc.’s stock first resistance to watch stands at $74.07. Second resistance stands at $75.11. The third major resistance level sits at $76.21. If the price goes on to break the first support level at $71.92, it is likely to go to the next support level at $70.82. Now, if the price goes above the second support level, the third support stands at $69.78.
Ceridian HCM Holding Inc. (NYSE: CDAY) Key Stats
There are 151,900K outstanding shares of the company, which has a market capitalization of 10.82 billion. As of now, sales total 1,024 M while income totals -75,400 K. Its latest quarter income was 315,600 K while its last quarter net income were -21,000 K.