Dayforce Inc (NYSE: DAY) on Tuesday, soared 0.82% from the previous trading day, before settling in for the closing price of $63.44. Within the past 52 weeks, DAY’s price has moved between $47.08 and $75.10.
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It was noted that within the last five years, the titan of the Technology sector saw sales topped by 15.64%. The company achieved an average annual earnings per share of 19.02%. With a float of $151.84 million, this company’s outstanding shares have now reached $156.30 million.
The extent of productivity of a business whose workforce counts for 9084 workers is very important to gauge. 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 Updates
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 114.20%. The most recent insider transaction that took place on Oct 15 ’24, was worth 40,747. Before that another transaction happened on Oct 15 ’24, when Company’s Officer proposed sale 1,000 for $63.37, making the entire transaction worth $63,370.
Dayforce Inc (DAY) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 19.02% 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 6.20. Likewise, its price to free cash flow for the trailing twelve months is 82.55.
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)
The latest stats from [Dayforce Inc, DAY] show that its last 5-days average volume of 0.92 million was inferior to 1.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 83.42%. Additionally, its Average True Range was 1.57.
During the past 100 days, Dayforce Inc’s (DAY) raw stochastic average was set at 96.18%, which indicates a significant increase from 89.12% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.61% in the past 14 days, which was lower than the 39.29% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $57.84, while its 200-day Moving Average is $60.20. Now, the first resistance to watch is $64.60. This is followed by the second major resistance level at $65.25. The third major resistance level sits at $65.86. If the price goes on to break the first support level at $63.34, it is likely to go to the next support level at $62.73. Assuming the price breaks the second support level, the third support level stands at $62.08.
Dayforce Inc (NYSE: DAY) Key Stats
Market capitalization of the company is 10.11 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.
