Dayforce Inc (DAY)
NYSE: DAY · IEX Real-Time Price · USD
57.73
+0.04 (0.07%)
At close: May 2, 2024, 4:00 PM
58.25
+0.52 (0.90%)
After-hours: May 2, 2024, 7:15 PM EDT
Dayforce Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Dayforce stock have an average target of 70.67, with a low estimate of 62 and a high estimate of 82. The average target predicts an increase of 22.41% from the current stock price of 57.73.
Analyst Consensus: Buy
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 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|
| Strong Buy | 1 | 1 | 1 |
| Buy | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 |
| Total | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $74 → $62 | Hold | Maintains | $74 → $62 | +7.40% | May 2, 2024 |
| Piper Sandler | Piper Sandler | Hold Maintains $75 → $68 | Hold | Maintains | $75 → $68 | +17.79% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +42.04% | May 2, 2024 |
| Needham | Needham | Strong Buy Reiterates $82 | Strong Buy | Reiterates | $82 | +42.04% | Feb 12, 2024 |
| Barclays | Barclays | Hold Maintains $75 → $74 | Hold | Maintains | $75 → $74 | +28.18% | Feb 8, 2024 |
Financial Forecast
Revenue This Year
1.74B
from 1.51B
Increased by 15.15%
Revenue Next Year
1.99B
from 1.74B
Increased by 14.00%
EPS This Year
1.67
from 0.35
Increased by 376.78%
EPS Next Year
2.05
from 1.67
Increased by 22.74%
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 | 20.3% | 22.4% | 28.2% | 37.2% | 33.3% |
| Avg | 15.1% | 14.0% | 16.0% | 20.8% | 14.5% |
| Low | 11.5% | 8.8% | 8.3% | 6.4% | -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 | 2.56 | 4.51 | 5.46 |
| Low | 1.39 | 1.56 | 2.27 | 4.38 | 5.30 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 452.0% | 51.0% | 48.2% | 83.3% | 25.8% |
| Avg | 376.8% | 22.7% | 25.0% | 76.3% | 21.0% |
| Low | 297.6% | -6.6% | 11.0% | 71.1% | 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.