Dayforce Inc (NYSE: DAY) on Tuesday, plunged -0.33% from the previous trading day, before settling in for the closing price of $60.70. Within the past 52 weeks, DAY’s price has moved between $47.08 and $75.33.
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During the last 5-year period, the sales growth of Technology Sector giant was 15.64%. The company achieved an average annual earnings per share of 18.94%. With a float of $151.84 million, this company’s outstanding shares have now reached $156.30 million.
Let’s determine the extent of company efficiency that accounts for 9084 employees. In terms of profitability, gross margin is 45.93%, operating margin of 8.0%, and the pretax margin is 4.07%.
Dayforce Inc (DAY) Insider Activity
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Dayforce Inc is 3.96%, while institutional ownership is 114.22%. The most recent insider transaction that took place on Oct 01 ’24, was worth 22,974. In this transaction Head of Acct & Fin Reporting of this company sold 376 shares at a rate of $61.10, taking the stock ownership to the 34,217 shares. Before that another transaction happened on Sep 16 ’24, when Company’s President, COO sold 1,000 for $60.06, making the entire transaction worth $60,060. This insider now owns 102,437 shares in total.
Dayforce Inc (DAY) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 18.94% per share during the next fiscal year.
Dayforce Inc (NYSE: DAY) Trading Performance Indicators
Dayforce Inc (DAY) is currently performing well based on its current performance indicators. A quick ratio of 1.11 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.86. Likewise, its price to free cash flow for the trailing twelve months is 78.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.29, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.10 in one year’s time.
Technical Analysis of Dayforce Inc (DAY)
Looking closely at Dayforce Inc (NYSE: DAY), its last 5-days average volume was 1.06 million, which is a drop from its year-to-date volume of 1.6 million. As of the previous 9 days, the stock’s Stochastic %D was 63.38%. Additionally, its Average True Range was 1.61.
During the past 100 days, Dayforce Inc’s (DAY) raw stochastic average was set at 81.09%, which indicates a significant increase from 54.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.11% in the past 14 days, which was lower than the 39.50% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.08, while its 200-day Moving Average is $60.31. However, in the short run, Dayforce Inc’s stock first resistance to watch stands at $60.95. Second resistance stands at $61.41. The third major resistance level sits at $61.71. If the price goes on to break the first support level at $60.20, it is likely to go to the next support level at $59.90. Should the price break the second support level, the third support level stands at $59.44.
Dayforce Inc (NYSE: DAY) Key Stats
Market capitalization of the company is 9.57 billion based on 157,900K outstanding shares. Right now, sales total 1,514 M and income totals 54,800 K. The company made 423,300 K in profit during its latest quarter, and -1,800 K in sales during its previous quarter.
