Ceridian HCM Holding Inc. Receives Consensus Recommendation of Moderate Buy from Analysts
CDAYDelisted Stock | USD 68.42 0.65 0.94% |
Slightly above 61% of CDAY Old's investor base is looking to short. The analysis of current outlook of investing in CDAY Old suggests that many traders are alarmed regarding CDAY Old's prospects. CDAY Old's investing sentiment can be driven by a variety of factors including economic data, CDAY Old's earnings reports, geopolitical events, and overall market trends.
CDAY |
Shares of Ceridian HCM Holding Inc. have been assigned a consensus recommendation of Moderate Buy from the twelve brokerages that are presently covering the company, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The
Read at thelincolnianonline.com
CDAY Old Fundamental Analysis
We analyze CDAY Old's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of CDAY Old using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of CDAY Old 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.
Price To Earnings To Growth
Price To Earnings To Growth Comparative Analysis
CDAY Old is currently under evaluation in price to earnings to growth category among its peers. PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
CDAY Old Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with CDAY Old stock to make a market-neutral strategy. Peer analysis of CDAY Old could also be used in its relative valuation, which is a method of valuing CDAY Old by comparing valuation metrics with similar companies.
Peers
CDAY Old Related Equities
GWRE | Guidewire Software | 0.38 | ||||
AZPN | Aspen Technology | 0.07 | ||||
AGYS | Agilysys | 0.08 | ||||
ANSS | ANSYS | 0.82 | ||||
MANH | Manhattan Associates | 1.16 | ||||
CWAN | Clearwater Analytics | 1.25 | ||||
ETWO | E2open Parent | 1.44 | ||||
ROP | Roper Technologies, | 1.47 | ||||
ALKT | Alkami Technology | 1.48 | ||||
PAYC | Paycom Soft | 2.38 | ||||
ENFN | Enfusion | 2.40 | ||||
PCTY | Paylocity Holdng | 2.75 | ||||
PYCR | Paycor HCM | 3.02 | ||||
CVLT | CommVault Systems | 4.75 |
Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Other Consideration for investing in CDAY Stock
If you are still planning to invest in CDAY Old check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the CDAY Old's history and understand the potential risks before investing.
Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
Portfolio Center All portfolio management and optimization tools to improve performance of your portfolios | |
Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |