Dayforce Statistics
Total Valuation
Dayforce has a market cap or net worth of $8.98 billion. The enterprise value is $9.83 billion.
| Market Cap | 8.98B |
| Enterprise Value | 9.83B |
Important Dates
The last earnings date was 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 1.40% in one year.
| Shares Outstanding | 155.56M |
| Shares Change (YoY) | +1.40% |
| Shares Change (QoQ) | +0.29% |
| Owned by Insiders (%) | 1.18% |
| Owned by Institutions (%) | 113.01% |
| Float | 138.46M |
Valuation Ratios
The trailing PE ratio is 174.94 and the forward PE ratio is 34.62. Dayforce's PEG ratio is 5.36.
| PE Ratio | 174.94 |
| Forward PE | 34.62 |
| PS Ratio | 5.70 |
| Forward PS | 5.15 |
| PB Ratio | 3.69 |
| P/FCF Ratio | 86.85 |
| PEG Ratio | 5.36 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 34.43, with an EV/FCF ratio of 95.04.
| EV / Earnings | 188.97 |
| EV / Sales | 6.24 |
| EV / EBITDA | 34.43 |
| EV / EBIT | 77.87 |
| EV / FCF | 95.04 |
Financial Position
The company has a current ratio of 1.07, with a Debt / Equity ratio of 0.51.
| Current Ratio | 1.07 |
| Quick Ratio | 0.09 |
| Debt / Equity | 0.51 |
| Debt / EBITDA | 4.34 |
| Debt / FCF | 11.99 |
| Interest Coverage | 3.14 |
Financial Efficiency
Return on equity (ROE) is 2.20% and return on invested capital (ROIC) is 2.23%.
| Return on Equity (ROE) | 2.20% |
| Return on Assets (ROA) | 0.60% |
| Return on Capital (ROIC) | 2.23% |
| Revenue Per Employee | $173,338 |
| Profits Per Employee | $5,724 |
| Employee Count | 9,084 |
| Asset Turnover | 0.17 |
| Inventory Turnover | n/a |
Taxes
In the past 12 months, Dayforce has paid $34.00 million in taxes.
| Income Tax | 34.00M |
| Effective Tax Rate | 39.53% |
Stock Price Statistics
The stock price has decreased by -9.03% 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 | -9.03% |
| 50-Day Moving Average | 64.78 |
| 200-Day Moving Average | 68.09 |
| Relative Strength Index (RSI) | 36.56 |
| Average Volume (30 Days) | 1,508,590 |
Short Selling Information
The latest short interest is 9.94 million, so 6.39% of the outstanding shares have been sold short.
| Short Interest | 9.94M |
| Short Previous Month | 8.84M |
| Short % of Shares Out | 6.39% |
| Short % of Float | 7.18% |
| Short Ratio (days to cover) | 6.95 |
Income Statement
In the last 12 months, Dayforce had revenue of $1.57 billion and earned $52.00 million in profits. Earnings per share was $0.33.
| Revenue | 1.57B |
| Gross Profit | 691.60M |
| Operating Income | 135.40M |
| Pretax Income | 86.00M |
| Net Income | 52.00M |
| EBITDA | 285.40M |
| EBIT | 126.20M |
| Earnings Per Share (EPS) | $0.33 |
Balance Sheet
The company has $393.30 million in cash and $1.24 billion in debt, giving a net cash position of -$846.10 million or -$5.44 per share.
| Cash & Cash Equivalents | 393.30M |
| Total Debt | 1.24B |
| Net Cash | -846.10M |
| Net Cash Per Share | -$5.44 |
| Equity / Book Value | 2.43B |
| Book Value Per Share | 15.64 |
| Working Capital | 506.40M |
Cash Flow
In the last 12 months, operating cash flow was $217.30 million and capital expenditures -$113.90 million, giving a free cash flow of $103.40 million.
| Operating Cash Flow | 217.30M |
| Capital Expenditures | -113.90M |
| Free Cash Flow | 103.40M |
| FCF Per Share | $0.66 |
Margins
Gross margin is 43.92%, with operating and profit margins of 8.60% and 3.30%.
| Gross Margin | 43.92% |
| Operating Margin | 8.60% |
| Pretax Margin | 5.46% |
| Profit Margin | 3.30% |
| EBITDA Margin | 18.13% |
| EBIT Margin | 8.01% |
| FCF Margin | 6.57% |
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 | -1.40% |
| Shareholder Yield | -1.40% |
| Earnings Yield | 0.58% |
| FCF Yield | 1.15% |
Analyst Forecast
The average price target for Dayforce is $70.67, which is 22.42% higher than the current price. The consensus rating is "Buy".
| Price Target | $70.67 |
| Price Target Difference | 22.42% |
| 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 0.85 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 0.85 |
| Piotroski F-Score | 8 |