Dayforce Inc (NYSE:DAY – Get Free Report) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totalling 15,700,000 shares, an increase of 15.2% from the June 15th total of 13,630,000 shares. Based on an average trading volume of 1,790,000 shares, the short-interest ratio is presently 8.8 days. Approximately 10.1% of the shares of the company are short sold.
Dayforce Price Performance
Shares of NYSE:DAY remained flat at $55.61 during trading on Wednesday. 1,909,340 shares of the stock were exchanged, compared to its average volume of 1,600,476. The stock’s fifty day moving average is $53.54. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.07 and a current ratio of 1.07. The company has a market cap of $8.78 billion, a price-to-earnings ratio of 168.52, a price-to-earnings-growth ratio of 3.61 and a beta of 1.27. Dayforce has a 12 month low of $47.08 and a 12 month high of $75.53.
Dayforce (NYSE:DAY – Get Free Report) last announced its earnings results on Wednesday, May 1st. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.02). The firm had revenue of $431.50 million for the quarter, compared to the consensus estimate of $426.15 million. Dayforce had a return on equity of 5.38% and a net margin of 3.30%. On average, research analysts forecast that Dayforce will post 0.9 EPS for the current year.
Analysts Set New Price Targets
Read Our Latest Stock Report on DAY
Dayforce Company Profile
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 and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market.
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