Added to YB: 2024-04-05
Pitch date: 2024-04-04
DAY [bearish]
Dayforce, Inc.
-8.8%
current return
Author Info
No bio for this author
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Company Info
Dayforce, Inc. together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, Australia, and internationally.
Market Cap
$11.2B
Pitch Price
$64.21
Price Target
32.00 (-54%)
Dividend
N/A
EV/EBITDA
99.93
P/E
-73.42
EV/Sales
6.22
Sector
Professional Services
Category
N/A
Show full summary:
Blue Orca is Short Dayforce, Inc. (NYSE: DAY)
DAY: Blue Orca short - claims aggressive rev rec & accounting inflates profits, manipulated metrics mislead investors & enrich mgmt. Trades at 25%+ premium to HCM peers on 38.8x FY23 adj EBITDA, 56.9x adj EBIT. Governance mess w/ excessive pay, insider selling, mgmt turnover. 50% downside.
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