Dayforce
About: Dayforce is a global technology company providing cloud-based human capital management solutions for large businesses looking to manage their payroll, tax, benefits, and talent intelligence. The company primarily services customers in the US with its flagship Dayforce platform but also services customers in select European countries as well as Australia and New Zealand. Dayforce services the Canadian HCM market with its Powerpay platform that specifically targets customers with less than 100 employees. As of fiscal 2024, the Dayforce platform accounted for almost 80% of companywide revenue and had 6,876 clients representing approximately 7.62 million employees.
Employees: 9,600
0
Funds holding %
of 7,296 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
25% more repeat investments, than reductions
Existing positions increased: 161 | Existing positions reduced: 129
18% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 51
13% more call options, than puts
Call options by funds: $9.01M | Put options by funds: $7.99M
1% more funds holding
Funds holding: 387 [Q4 2024] → 389 (+2) [Q1 2025]
6.24% less ownership
Funds ownership: 114.9% [Q4 2024] → 108.67% (-6.24%) [Q1 2025]
24% less capital invested
Capital invested by funds: $13.2B [Q4 2024] → $10B (-$3.13B) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$50
12%
downside
Avg. target
$68
19%
upside
High target
$95
66%
upside
10 analyst ratings
6 positive
60%
3 neutral
30%
1 negative
10%
Wells Fargo Michael Turrin | 12%downside $50 | Underweight Downgraded | 13 Jun 2025 |
UBS | 26%upside $72 | Buy Maintained | 5 Jun 2025 |
Jefferies Samad Samana | 14%upside $65 | Hold Maintained | 23 May 2025 |
Citigroup Steven Enders | 23%upside $70 | Buy Maintained | 8 May 2025 |
Barclays Raimo Lenschow | 5%upside $60 | Equal-Weight Maintained | 8 May 2025 |
Financial journalist opinion
Neutral
Business Wire
3 weeks ago
Rimini Street Launches Rimini Manage™ for Dayforce
LAS VEGAS--(BUSINESS WIRE)--Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support, management and innovation solutions, and the leading third-party support provider for Oracle, SAP and VMware software, today announced it has been appointed as a Dayforce (NYSE: DAY) Community Partner and has launched Rimini Manage™ for Dayforce with immediate availability. Manage and Extend Dayforce with One Trusted Partner Rimini Manage for Dayforce includes services fo.
Neutral
GlobeNewsWire
1 month ago
Hubexo Selects Dayforce for Workforce Transformation
LONDON, May 14, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced that Hubexo, a global leader in construction data and technology, has selected Dayforce to consolidate its disparate HR systems, provide a single source of truth for its people operations, and deliver a best-in-class offering to colleagues around the world.
Negative
Seeking Alpha
1 month ago
Dayforce: No Compelling Reason To Stay Invested (Downgrade)
Shares of Dayforce no longer look appealing as valuation multiples against peers have compressed. I'm downgrading the stock to a neutral rating. The company faces the risk of falling interest rates as well as declining headcount levels at many U.S. companies, hurting its seat-based software and payroll products. The stock's ~5x forward revenue and ~15x forward adjusted EBITDA multiples are now fairly priced for its prospects.
Neutral
Seeking Alpha
1 month ago
Dayforce Inc. (DAY) Q1 2025 Earnings Call Transcript
Dayforce Inc. (NYSE:DAY ) Q1 2025 Earnings Conference Call May 7, 2025 8:00 AM ET Company Participants David Niederman - Vice President, Investor Relations David Ossip - Chief Executive Officer Jeremy Johnson - Chief Financial Officer Conference Call Participants Siti Panigrahi - Mizuho Securities Scott Berg - Needham & Company Mark Marcon - Baird Mark Murphy - JPMorgan Kevin McVeigh - UBS Samad Samana - Jefferies Raimo Lenschow - Barclays Jared Levine - TD Cowen Steven Enders - Citigroup Ryan Krieger - Wolfe Research Brad Reback - Stifel Daniel Jester - BMO Capital Markets Zane Meehan - KeyBanc Capital Markets Bhavin Shah - Deutsche Bank Michael Turrin - Wells Fargo Allan Verkhovski - Scotiabank Operator Greetings, and welcome to the Dayforce First Quarter 2025 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.
Negative
Reuters
1 month ago
Dayforce sees lower-than-expected second-quarter revenue on muted spending
Human resources software provider Dayforce on Wednesday forecast second-quarter revenue below market estimates, anticipating reduced spending on its payroll and HR services amid macroeconomic uncertainty.
Positive
Zacks Investment Research
1 month ago
Dayforce (DAY) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Dayforce (DAY) give insight into how the company performed in the quarter ended March 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 month ago
Dayforce (DAY) Surpasses Q1 Earnings and Revenue Estimates
Dayforce (DAY) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.43 per share a year ago.
Neutral
GlobeNewsWire
1 month ago
Dayforce Reports First Quarter 2025 Results¹
Dayforce® recurring revenue, excluding float, of $323 million, up 14%, or 16% on a constant currency basis Total revenue of $482 million, up 12%, and excluding float, up 15%, or 17% on a constant currency basis Net cash provided by operating activities of $50 million MINNEAPOLIS and TORONTO, May 07, 2025 (GLOBE NEWSWIRE) -- Dayforce, Inc. ("Dayforce" or the "Company") (NYSE:DAY) (TSX:DAY), a global leader in human capital management ("HCM") technology, today announced its financial results for the first quarter ended March 31, 2025. "We kicked off the year with strong first quarter results and excellent sales momentum,” said David Ossip, Chair and CEO of Dayforce.
Neutral
Zacks Investment Research
1 month ago
Dayforce (DAY) Q1 Earnings on the Horizon: Analysts' Insights on Key Performance Measures
Get a deeper insight into the potential performance of Dayforce (DAY) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Positive
Zacks Investment Research
1 month ago
Dayforce to Report Q1 Earnings: Buy Now or Wait for Results?
Dayforce's Q1 performance is expected to have benefited from strong client retention, AI-led platform enhancements and rising recurring revenue per customer.
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