Dayforce Statistics
Total Valuation
Dayforce has a market cap or net worth of $9.20 billion. The enterprise value is $9.96 billion.
| Market Cap | 9.20B |
| Enterprise Value | 9.96B |
Important Dates
The next confirmed earnings date is Wednesday, May 1, 2024, before market open.
| Earnings Date | May 1, 2024 |
| Ex-Dividend Date | n/a |
Share Statistics
Dayforce has 155.56 million shares outstanding. The number of shares has increased by 3.66% in one year.
| Shares Outstanding | 155.56M |
| Shares Change (YoY) | +3.66% |
| Shares Change (QoQ) | +2.41% |
| Owned by Insiders (%) | 1.18% |
| Owned by Institutions (%) | 113.05% |
| Float | 138.46M |
Valuation Ratios
The trailing PE ratio is 170.57 and the forward PE ratio is 35.80. Dayforce's PEG ratio is 5.36.
| PE Ratio | 170.57 |
| Forward PE | 35.80 |
| PS Ratio | 6.14 |
| Forward PS | 5.33 |
| PB Ratio | 3.87 |
| P/FCF Ratio | 88.36 |
| PEG Ratio | 5.36 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 37.64, with an EV/FCF ratio of 94.76.
| EV / Earnings | 181.74 |
| EV / Sales | 6.58 |
| EV / EBITDA | 37.64 |
| EV / EBIT | 75.39 |
| EV / FCF | 94.76 |
Financial Position
The company has a current ratio of 1.12, with a Debt / Equity ratio of 0.52.
| Current Ratio | 1.12 |
| Quick Ratio | 0.15 |
| Debt / Equity | 0.52 |
| Debt / EBITDA | 4.70 |
| Debt / FCF | 11.83 |
| Interest Coverage | 3.66 |
Financial Efficiency
Return on equity (ROE) is 2.40% and return on invested capital (ROIC) is 2.09%.
| Return on Equity (ROE) | 2.40% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 2.09% |
| Revenue Per Employee | $166,634 |
| Profits Per Employee | $6,033 |
| Employee Count | 9,084 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Dayforce has paid $41.20 million in taxes.
| Income Tax | 41.20M |
| Effective Tax Rate | 42.92% |
Stock Price Statistics
The stock price has decreased by -9.30% in the last 52 weeks. The beta is 1.30, so Dayforce's price volatility has been higher than the market average.
| Beta (1Y) | 1.30 |
| 52-Week Price Change | -9.30% |
| 50-Day Moving Average | 66.21 |
| 200-Day Moving Average | 68.38 |
| Relative Strength Index (RSI) | 39.35 |
| Average Volume (30 Days) | 1,424,982 |
Short Selling Information
The latest short interest is 9.69 million, so 6.23% of the outstanding shares have been sold short.
| Short Interest | 9.69M |
| Short Previous Month | 9.48M |
| Short % of Shares Out | 6.23% |
| Short % of Float | 7.00% |
| Short Ratio (days to cover) | 8.10 |
Income Statement
In the last 12 months, Dayforce had revenue of $1.51 billion and earned $54.80 million in profits. Earnings per share was $0.35.
| Revenue | 1.51B |
| Gross Profit | 646.50M |
| Operating Income | 133.10M |
| Pretax Income | 96.00M |
| Net Income | 54.80M |
| EBITDA | 264.60M |
| EBIT | 132.10M |
| Earnings Per Share (EPS) | $0.35 |
Balance Sheet
The company has $571.10 million in cash and $1.24 billion in debt, giving a net cash position of -$672.50 million or -$4.32 per share.
| Cash & Cash Equivalents | 571.10M |
| Total Debt | 1.24B |
| Net Cash | -672.50M |
| Net Cash Per Share | -$4.32 |
| Equity / Book Value | 2.40B |
| Book Value Per Share | 15.42 |
| Working Capital | 620.30M |
Cash Flow
In the last 12 months, operating cash flow was $219.50 million and capital expenditures -$114.40 million, giving a free cash flow of $105.10 million.
| Operating Cash Flow | 219.50M |
| Capital Expenditures | -114.40M |
| Free Cash Flow | 105.10M |
| FCF Per Share | $0.68 |
Margins
Gross margin is 42.71%, with operating and profit margins of 8.79% and 3.62%.
| Gross Margin | 42.71% |
| Operating Margin | 8.79% |
| Pretax Margin | 6.34% |
| Profit Margin | 3.62% |
| EBITDA Margin | 17.48% |
| EBIT Margin | 8.73% |
| FCF Margin | 6.94% |
Dividends & Yields
Dayforce does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | n/a |
| Buyback Yield | -3.66% |
| Shareholder Yield | -3.66% |
| Earnings Yield | 0.59% |
| FCF Yield | 1.13% |
Analyst Forecast
The average price target for Dayforce is $77.00, which is 30.05% higher than the current price. The consensus rating is "Buy".
| Price Target | $77.00 |
| Price Target Difference | 30.05% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | 16.06% |
| EPS Growth Forecast (5Y) | 73.26% |
Stock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Dayforce has an Altman Z-Score of 1.09 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.09 |
| Piotroski F-Score | 8 |