1.37%
-14.78%
-30.05%
-2.45%
-18.05%
-16.08%
-10.48%
AI Spotlight on DAY
Company Description
Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally.It offers Dayforce, a cloud HCM platform that provides human resources, payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market.The company also provides Bureau solutions for payroll and payroll-related services.
It sells its solutions through direct sales force and third-party channels.The company was formerly known as Ceridian HCM Holding Inc.and changed its name to Dayforce Inc.
in February 2024.Dayforce Inc.was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.
Market Data
| Last Price | 55.42 |
| Change Percentage | 1.37% |
| Open | 55.22 |
| Previous Close | 54.67 |
| Market Cap ( Millions) | 8807 |
| Volume | 2973518 |
| Year High | 82.69 |
| Year Low | 47.08 |
| M A 50 | 67.9 |
| M A 200 | 62.93 |
Financial Ratios
| FCF Yield | 1.95% |
| Dividend Yield | 0.00% |
| ROE | 0.72% |
| Debt / Equity | 0.93% |
| Net Debt / EBIDTA | -349.40% |
| Price To Book | 3.45 |
| Price Earnings Ratio | 484.7 |
| Price To FCF | 51.36 |
| Price To sales | 5.0 |
| EV / EBITDA | 51.86 |
News
- Feb -15 - Dayforce: Finding Success In Penetrating Upmarket And AI Adoption
- Feb -06 - Dayforce: This Dip Is A Good Buying Moment (Rating Upgrade)
- Feb -05 - How Should Investors Approach Dayforce Shares Post Q4 Earnings?
- Feb -05 - Dayforce Inc. (DAY) Q4 2024 Earnings Call Transcript
- Feb -05 - Compared to Estimates, Dayforce (DAY) Q4 Earnings: A Look at Key Metrics
- Feb -05 - Dayforce (DAY) Beats Q4 Earnings and Revenue Estimates
- Feb -05 - Dayforce forecasts downbeat quarterly revenue on sluggish HR, payroll services demand
- Feb -05 - Dayforce Reports Fourth Quarter and Full Year 2024 Results1
- Feb -03 - Should You Buy, Sell or Hold DAY Stock Prior to Q4 Earnings Release?
- Jan -15 - Dayforce to Announce Fourth Quarter and Full-Year 2024 Financial Results on February 5th
- Dec -06 - Dayforce price target raised to $84 from $80 at Barclays
- Nov -13 - Dayforce Announces Dayforce AI Agents
- Nov -13 - Dayforce Introduces Dayforce Communications
- Nov -13 - Dayforce Announces Dayforce Strategic Workforce Planning
- Nov -11 - Dayforce Elevates Partner Experience with Enhanced Dayforce Partner Network
- Nov -03 - Dayforce: Improved Outlook On Accelerating Trends (Rating Upgrade)
- Oct -30 - Dayforce Inc. (DAY) Q3 2024 Earnings Call Transcript
- Oct -30 - Here's What Key Metrics Tell Us About Dayforce (DAY) Q3 Earnings
- Oct -30 - Dayforce (DAY) Surpasses Q3 Earnings and Revenue Estimates
- Oct -29 - Should You Buy, Sell or Hold DAY Stock Prior to Q3 Earnings Release?
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Cloud - Dayforce
Expected Growth : 15 %
What the company do ?
Cloud-based Dayforce from Dayforce Inc is a human capital management platform that provides HR, payroll, benefits, and workforce management solutions in a single application.
Why we expect these perspectives ?
Dayforce's 15% growth in Cloud segment is driven by increasing adoption of HCM solutions, growing demand for digital transformation in HR, and expansion into new markets. Additionally, its user-friendly interface, real-time data analytics, and compliance with labor laws and regulations contribute to its growth.
Segment n°2 -> Professional Services and Other
Expected Growth : 12 %
What the company do ?
Professional Services and Other from Dayforce Inc refers to the company's consulting and implementation services, as well as other revenue streams outside of its core HCM software.
Why we expect these perspectives ?
Dayforce Inc's 12% growth in Professional Services and Other is driven by increasing adoption of cloud-based HR solutions, expansion into new markets, and strategic partnerships. Additionally, the company's focus on innovation, customer satisfaction, and retention has led to upselling and cross-selling opportunities, contributing to the segment's growth.
Segment n°3 -> Cloud - Powerpay
Expected Growth : 18 %
What the company do ?
Cloud-Powerpay from Dayforce Inc is a cloud-based payroll and HR management solution that streamlines payroll processing, benefits administration, and compliance reporting.
Why we expect these perspectives ?
Cloud-based Powerpay from Dayforce Inc is driven by increasing adoption of HR technology, growing demand for payroll automation, and rising need for compliance with labor laws and regulations. Additionally, the shift towards cloud-based solutions, scalability, and cost-effectiveness are key growth drivers, contributing to an 18% growth rate.
Segment n°4 -> Other
Expected Growth : 10 %
What the company do ?
Dayforce Inc's Other segment includes all non-core business activities, such as investments, and miscellaneous income or expenses not allocated to other segments.
Why we expect these perspectives ?
Dayforce Inc's 10% growth is driven by increasing adoption of cloud-based HR solutions, expansion into new markets, and strategic partnerships. The company's innovative workforce management and payroll processing solutions are in high demand, particularly among mid-sized businesses. Additionally, the growing need for compliance with labor laws and regulations is fueling demand for Dayforce's services.
Dayforce Inc Products
| Product Range | What is it ? |
|---|---|
| Human Capital Management (HCM) | A comprehensive HCM solution that provides a single, cloud-based platform for managing the entire employee lifecycle, from recruitment to retirement. |
| Payroll and Tax Compliance | A robust payroll processing solution that ensures accurate and timely payment of employee salaries, while also ensuring compliance with tax laws and regulations. |
| Time and Attendance | A time-tracking solution that enables employees to clock in and out, while providing real-time visibility into labor costs, attendance, and productivity. |
| Benefits Administration | A benefits administration solution that enables employees to enroll in benefits, manage their benefits, and access benefits information. |
| Performance Management | A performance management solution that enables organizations to set goals, track progress, and provide continuous feedback and coaching. |
| Recruiting and Onboarding | A recruiting and onboarding solution that enables organizations to attract, select, and onboard top talent, while providing a seamless candidate experience. |
Dayforce Inc's Porter Forces
Threat Of Substitutes
Dayforce Inc. operates in a niche market, providing human capital management software solutions. While there are substitutes available, they are not as comprehensive as Dayforce's offerings, reducing the threat of substitutes.
Bargaining Power Of Customers
Dayforce Inc. has a diverse customer base, and no single customer accounts for a significant portion of its revenue, reducing the bargaining power of customers.
Bargaining Power Of Suppliers
Dayforce Inc. is not heavily dependent on a single supplier, and the market for its inputs is competitive, reducing the bargaining power of suppliers.
Threat Of New Entrants
While there are barriers to entry in the human capital management software market, new entrants can still disrupt the market. However, Dayforce Inc.'s established brand and customer base provide some protection.
Intensity Of Rivalry
The human capital management software market is highly competitive, with several established players competing for market share. Dayforce Inc. must continually innovate and improve its offerings to maintain its market position.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 34.15% |
| Debt Cost | 5.09% |
| Equity Weight | 65.85% |
| Equity Cost | 10.45% |
| WACC | 8.62% |
| Leverage | 51.86% |
Dayforce Inc : Quality Control
Dayforce Inc passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| BILL | Bill.com Holdings, Inc. provides cloud-based software that simplifies, digitizes, and automates back-office financial operations for small and midsize businesses worldwide. The company provides software-as-a-service, cloud-based payments, and spend management products, … |
| CLSK | CleanSpark, Inc. provides bitcoin mining and energy technology solutions worldwide. It operates in two segments, Digital Currency Mining and Energy. The Digital Currency Mining segment engages in mining of bitcoin. … |
| ASAN | Asana, Inc., together with its subsidiaries, operates a work management platform for individuals, team leads, and executives in the United States and internationally. The company's platform enables teams to orchestrate … |
| PWSC | PowerSchool Holdings, Inc. provides cloud-based software to the K-12 education market. Its solution is embedded in school workflows and is used on daily basis by educators, students, administrators, and parents … |
| INST | Instructure Holdings, Inc. provides cloud-based learning, assessment, development, and engagement systems worldwide. It offers Canvas Learning Management System that includes assessments, analytics, and learning content for K-12 and higher education … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Instructure Holdings
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PowerSchool
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Dayforce
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Bill.com
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Asana
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1-Year Total Return ->
6
