Dayforce Inc (DAY)
NYSE: DAY · IEX Real-Time Price · USD
66.21
+0.16 (0.24%)
At close: Mar 28, 2024, 4:00 PM
70.74
+4.53 (6.84%)
After-hours: Mar 28, 2024, 5:24 PM EDT
Dayforce Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Dayforce stock have an average target of 77, with a low estimate of 74 and a high estimate of 82. The average target predicts an increase of 16.30% from the current stock price of 66.21.
Analyst Consensus: Buy
* Price targets were last updated on Feb 12, 2024.
Analyst Ratings
The average analyst rating for Dayforce stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 |
---|---|---|
Strong Buy | 1 | 1 |
Buy | 0 | 0 |
Hold | 2 | 2 |
Sell | 0 | 0 |
Strong Sell | 0 | 0 |
Total | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +23.85% | Feb 12, 2024 |
Barclays | Barclays | Hold Maintains $75 → $74 | Hold | Maintains | $75 → $74 | +11.77% | Feb 8, 2024 |
Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +23.85% | Feb 8, 2024 |
Piper Sandler | Piper Sandler | Hold Maintains $73 → $75 | Hold | Maintains | $73 → $75 | +13.28% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
1.74B
from 1.51B
Increased by 15.21%
Revenue Next Year
1.99B
from 1.74B
Increased by 13.93%
EPS This Year
1.67
from 0.35
Increased by 376.78%
EPS Next Year
2.05
from 1.67
Increased by 22.82%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.8B | 2.1B | 2.5B | 3.2B | 3.7B |
Avg | 1.7B | 2.0B | 2.3B | 2.8B | 3.2B |
Low | 1.7B | 1.9B | 2.2B | 2.5B | 2.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 20.4% | 22.3% | 28.2% | 37.2% | 33.3% |
Avg | 15.2% | 13.9% | 16.0% | 20.8% | 14.5% |
Low | 11.5% | 8.7% | 8.3% | 6.3% | -2.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 1.93 | 2.52 | 3.03 | 4.69 | 5.68 |
Avg | 1.67 | 2.05 | 2.57 | 4.51 | 5.46 |
Low | 1.39 | 1.56 | 2.29 | 4.38 | 5.30 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 452.0% | 51.0% | 48.1% | 82.5% | 25.8% |
Avg | 376.8% | 22.8% | 25.5% | 75.5% | 21.0% |
Low | 297.6% | -6.6% | 11.9% | 70.3% | 17.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.