Dayforce Stock Price To Earning
DAY Stock | 73.72 0.43 0.58% |
Dayforce fundamentals help investors to digest information that contributes to Dayforce's financial success or failures. It also enables traders to predict the movement of Dayforce Stock. The fundamental analysis module provides a way to measure Dayforce's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Dayforce stock.
Dayforce | Price To Earning |
Dayforce Company Price To Earning Analysis
Dayforce's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Dayforce Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Dayforce is extremely important. It helps to project a fair market value of Dayforce Stock properly, considering its historical fundamentals such as Price To Earning. Since Dayforce's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Dayforce's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Dayforce's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Dayforce Retained Earnings
Based on the latest financial disclosure, Dayforce has a Price To Earning of 0.0 times. This indicator is about the same for the Software average (which is currently at 0.0) sector and about the same as Information Technology (which currently averages 0.0) industry. This indicator is about the same for all United States stocks average (which is currently at 0.0).
Dayforce Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Dayforce's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Dayforce could also be used in its relative valuation, which is a method of valuing Dayforce by comparing valuation metrics of similar companies.Dayforce is currently under evaluation in price to earning category among its peers.
Dayforce Current Valuation Drivers
We derive many important indicators used in calculating different scores of Dayforce from analyzing Dayforce's financial statements. These drivers represent accounts that assess Dayforce's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Dayforce's important valuation drivers and their relationship over time.
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Enterprise Value | 3.1B | 4.4B | 10.1B | 16.2B | 14.5B | 15.3B |
Dayforce ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Dayforce's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Dayforce's managers, analysts, and investors.Environmental | Governance | Social |
Dayforce Fundamentals
Return On Equity | 0.0219 | ||||
Return On Asset | 0.0078 | ||||
Profit Margin | 0.03 % | ||||
Operating Margin | 0.06 % | ||||
Current Valuation | 12.44 B | ||||
Shares Outstanding | 157.7 M | ||||
Shares Owned By Insiders | 1.20 % | ||||
Shares Owned By Institutions | 98.80 % | ||||
Number Of Shares Shorted | 11 M | ||||
Price To Book | 4.57 X | ||||
Price To Sales | 6.86 X | ||||
Revenue | 1.51 B | ||||
Gross Profit | 555.6 M | ||||
EBITDA | 264.6 M | ||||
Net Income | 54.8 M | ||||
Total Debt | 1.24 B | ||||
Book Value Per Share | 16.20 X | ||||
Cash Flow From Operations | 219.5 M | ||||
Short Ratio | 5.17 X | ||||
Earnings Per Share | 0.34 X | ||||
Price To Earnings To Growth | 0.66 X | ||||
Target Price | 84.06 | ||||
Number Of Employees | 9.08 K | ||||
Beta | 1.27 | ||||
Market Capitalization | 11.63 B | ||||
Total Asset | 9.01 B | ||||
Retained Earnings | (317.8 M) | ||||
Working Capital | 620.3 M | ||||
Net Asset | 9.01 B |
About Dayforce Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Dayforce's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Dayforce using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Dayforce based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Dayforce Stock Analysis
When running Dayforce's price analysis, check to measure Dayforce's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Dayforce is operating at the current time. Most of Dayforce's value examination focuses on studying past and present price action to predict the probability of Dayforce's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Dayforce's price. Additionally, you may evaluate how the addition of Dayforce to your portfolios can decrease your overall portfolio volatility.