What is William Blair’s Estimate for Dayforce Q1 Earnings?

Dayforce Inc (NYSE:DAY) – Equities researchers at William Blair lifted their Q1 2025 earnings estimates for Dayforce in a research report issued to clients and investors on Friday, November 22nd. William Blair analyst J. Roberge now forecasts that the company will earn $0.39 per share for the quarter, up from their previous forecast of $0.38. The consensus estimate for Dayforce’s current full-year earnings is $1.07 per share.

Several other equities research analysts have also commented on the company. BMO Capital Markets upped their target price on Dayforce from $80.00 to $90.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Scotiabank initiated coverage on Dayforce in a report on Monday, November 18th. They set a “sector perform” rating and a $75.00 price target on the stock. Jefferies Financial Group raised their price objective on shares of Dayforce from $55.00 to $65.00 and gave the stock a “hold” rating in a research report on Tuesday, October 22nd. Mizuho boosted their target price on shares of Dayforce from $85.00 to $95.00 and gave the company an “outperform” rating in a research report on Wednesday, November 13th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of Dayforce from $70.00 to $75.00 and gave the stock a “buy” rating in a research note on Thursday, August 1st. Six research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $78.77.

Dayforce Stock Performance

Shares of DAY opened at $79.70 on Monday. The firm’s fifty day simple moving average is $68.17 and its two-hundred day simple moving average is $59.10. Dayforce has a 12 month low of $47.08 and a 12 month high of $82.69. The company has a current ratio of 1.15, a quick ratio of 1.15 and a debt-to-equity ratio of 0.47. The stock has a market capitalization of $12.57 billion, a P/E ratio of 241.52, a price-to-earnings-growth ratio of 3.75 and a beta of 1.27.

Insider Buying and Selling at Dayforce

In other news, insider Jeffrey Scott Jacobs sold 643 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th. The stock was sold at an average price of $63.37, for a total value of $40,746.91. Following the transaction, the insider now owns 34,074 shares in the company, valued at $2,159,269.38. This trade represents a 1.85 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Stephen H. Holdridge sold 2,000 shares of the company’s stock in a transaction on Wednesday, October 30th. The stock was sold at an average price of $69.25, for a total value of $138,500.00. Following the sale, the chief operating officer now owns 98,437 shares of the company’s stock, valued at $6,816,762.25. This trade represents a 1.99 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 6,643 shares of company stock valued at $460,877. Corporate insiders own 4.90% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Financial Perspectives Inc purchased a new stake in shares of Dayforce during the second quarter valued at approximately $28,000. Quent Capital LLC purchased a new position in shares of Dayforce in the 3rd quarter worth about $28,000. Sentry Investment Management LLC bought a new position in Dayforce during the second quarter valued at about $33,000. Farther Finance Advisors LLC purchased a new stake in Dayforce during the third quarter worth about $40,000. Finally, Quarry LP bought a new stake in Dayforce in the third quarter worth about $51,000.

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.