Dayforce Inc (NYSE: DAY) on Tuesday, soared 0.15% from the previous trading day, before settling in for the closing price of $74.65. Within the past 52 weeks, DAY’s price has moved between $47.08 and $81.32.
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Annual sales at Technology sector company grew by 15.64% over the past five years. The company achieved an average annual earnings per share of 21.27%. With a float of $148.68 million, this company’s outstanding shares have now reached $156.30 million.
Let’s look at the performance matrix of the company that is accounted for 9084 employees. In terms of profitability, gross margin is 46.64%, operating margin of 7.37%, and the pretax margin is 4.26%.
Dayforce Inc (DAY) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Dayforce Inc is 5.72%, while institutional ownership is 113.34%. The most recent insider transaction that took place on Nov 15 ’24, was worth 76,260. In this transaction President, COO of this company sold 1,000 shares at a rate of $76.26, taking the stock ownership to the 121,022 shares. Before that another transaction happened on Nov 15 ’24, when Company’s Officer proposed sale 1,000 for $76.26, making the entire transaction worth $76,260.
Dayforce Inc (DAY) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 21.27% 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 1.15 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 6.96. Likewise, its price to free cash flow for the trailing twelve months is 65.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.33, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.22 in one year’s time.
Technical Analysis of Dayforce Inc (DAY)
Dayforce Inc (NYSE: DAY) saw its 5-day average volume 1.42 million, a negative change from its year-to-date volume of 1.61 million. As of the previous 9 days, the stock’s Stochastic %D was 11.64%. Additionally, its Average True Range was 2.35.
During the past 100 days, Dayforce Inc’s (DAY) raw stochastic average was set at 80.83%, which indicates a significant increase from 45.29% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 37.80% in the past 14 days, which was higher than the 37.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $66.14, while its 200-day Moving Average is $60.80. Nevertheless, the first resistance level for the watch stands at $75.75 in the near term. At $76.74, the stock is likely to face the second major resistance level. The third major resistance level sits at $78.39. If the price goes on to break the first support level at $73.10, it is likely to go to the next support level at $71.45. The third support level lies at $70.46 if the price breaches the second support level.
Dayforce Inc (NYSE: DAY) Key Stats
Market capitalization of the company is 11.79 billion based on 157,700K outstanding shares. Right now, sales total 1,514 M and income totals 54,800 K. The company made 440,000 K in profit during its latest quarter, and 2,000 K in sales during its previous quarter.
