A look at Dayforce Inc’s (DAY) recent performance gives investors their first glimpse of hope.

On Tuesday, Dayforce Inc (NYSE: DAY) opened higher 0.32% from the last session, before settling in for the closing price of $65.11. Price fluctuations for DAY have ranged from $47.08 to $74.66 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 15.64%. Company’s average yearly earnings per share was noted 19.04% at the time writing. With a float of $151.84 million, this company’s outstanding shares have now reached $156.30 million.

Considering the fact that the conglomerate employs 9084 people, you should pay attention to its efficiency factor. 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

A key investor’s attitude towards the stock of the Software – Application industry is another important factor to consider. The insider ownership of Dayforce Inc is 3.96%, while institutional ownership is 114.17%. The most recent insider transaction that took place on Oct 18 ’24, was worth 65,000. In this transaction President, COO of this company sold 1,000 shares at a rate of $65.00, taking the stock ownership to the 100,437 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Officer proposed sale 1,000 for $65.00, making the entire transaction worth $65,000.

Dayforce Inc (DAY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 19.04% per share during the next fiscal year.

Dayforce Inc (NYSE: DAY) Trading Performance Indicators

Check out the current performance indicators for Dayforce Inc (DAY). In the past quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.33. Likewise, its price to free cash flow for the trailing twelve months is 84.30.

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)

Compared to the last year’s volume of 1.57 million, its volume of 1.44 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 67.62%. Additionally, its Average True Range was 1.40.

During the past 100 days, Dayforce Inc’s (DAY) raw stochastic average was set at 95.95%, which indicates a significant increase from 85.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.35% in the past 14 days, which was lower than the 34.34% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $60.07, while its 200-day Moving Average is $60.18. Nevertheless, the first resistance level for the watch stands at $65.79 in the near term. At $66.26, the stock is likely to face the second major resistance level. The third major resistance level sits at $66.98. If the price goes on to break the first support level at $64.60, it is likely to go to the next support level at $63.88. Should the price break the second support level, the third support level stands at $63.41.

Dayforce Inc (NYSE: DAY) Key Stats

There are currently 158,100K shares outstanding in the company with a market cap of 10.33 billion. Presently, the company’s annual sales total 1,514 M according to its annual income of 54,800 K. Last quarter, the company’s sales amounted to 423,300 K and its income totaled -1,800 K.