(DAY) Dayforce - Ratings and Ratios

Dayforce Inc. (NYSE:DAY), a leading provider of cloud-based human capital management (HCM) solutions, offers a comprehensive suite of tools designed to streamline HR, payroll, and workforce management processes. The companys flagship product, Dayforce, is a unified HCM platform that integrates functionalities such as payroll and tax management, time and attendance tracking, employee benefits administration, and talent analytics. Additionally, Dayforce Inc. caters to small businesses with Powerpay, a tailored HR and payroll solution. Beyond software, the company provides professional services, including implementation support and training, to ensure clients maximize their use of its platforms. Dayforce Inc. also offers hardware solutions such as payroll time clocks, available for sale, rental, or maintenance. Leveraging a direct sales force and third-party partnerships, the company serves clients in the United States, Canada, Australia, and other international markets. Formerly known as Ceridian HCM Holding Inc., Dayforce Inc. rebranded in February 2024, bringing with it a legacy of innovation since its founding in 1992. Headquartered in Minneapolis, Minnesota, Dayforce Inc. continues to evolve its offerings to meet the dynamic needs of the HCM landscape.

Over the next three months, Dayforce Inc. is expected to experience moderate volatility, with average trading volumes around 1.55 million shares. The stock price, currently at $55.57, is anticipated to face resistance near the $58.32 level (SMA 50) and support around $55.50 (SMA 20). The ATR of 2.39 suggests moderate price fluctuations. From a fundamental perspective, despite a high current P/E ratio of 510.55, the forward P/E of 17.57 indicates investor confidence in future growth. With a market capitalization of $8.89 billion, the companys P/S ratio of 5.05 reflects its premium valuation. However, the return on equity (RoE) of 0.71% suggests room for improvement in profitability. Overall, the stock may see sideways movement with potential upside driven by strong revenue growth in cloud-based HCM solutions.