Professional
Added to YB: 2024-07-23
Pitch date: 2024-07-08
DAY [bullish]
Dayforce, Inc.
+45.12%
current return
Author Info
No bio for this author
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
$48.14
Price Target
86.00 (+23%)
Dividend
N/A
EV/EBITDA
99.93
P/E
-73.42
EV/Sales
6.22
Sector
Professional Services
Category
growth
Dayforce Inc: Enterprise Momentum Continues as Firm Displaces Existing HCM Offerings
DAY: Dayforce HCM provider, 17% rev CAGR to 2028, 28% op margin by 2028. Narrow moat from switching costs & brand. Expanding upmarket, global. Dayforce Wallet promising. High competition, pricing pressure risks. $86 PT. 97.1% retention. 4% N.A. market share. Mid-90s cloud rev retention.
Read full article (9 min)