Ceridian HCM Holding Inc at BMO Virtual Technology Summit Transcript

CDAYDelisted Stock  USD 68.42  0.65  0.94%   
Slightly above 61% of Ceridian HCM's investor base is looking to short. The analysis of current outlook of investing in Ceridian HCM Holding suggests that many traders are alarmed regarding Ceridian HCM's prospects. Ceridian HCM's investing sentiment can be driven by a variety of factors including economic data, Ceridian HCM's earnings reports, geopolitical events, and overall market trends.
  
Aug 24, 2021 0800PM GMTKeith Frances Bachman - BMO Capital Markets Equity Research - MD Senior Research Analyst Okay. Good afternoon, everybody. Its Keith

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Ceridian HCM Fundamental Analysis

We analyze Ceridian HCM's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Ceridian HCM using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Ceridian HCM 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.

Cash Per Share

Cash Per Share Comparative Analysis

Ceridian HCM is currently under evaluation in cash per share category among its peers. Cash per Share is a ratio of current cash on hands or in the banks of the company to a total number of shares outstanding. It is used to determine a firm's liquidity and is a good indicator of the overall financial health of a company. Value investors often compare this ratio to the current stock quote, and if it exceeds the stock price they would invest in it.

Ceridian HCM Holding 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 Ceridian HCM stock to make a market-neutral strategy. Peer analysis of Ceridian HCM could also be used in its relative valuation, which is a method of valuing Ceridian HCM by comparing valuation metrics with similar companies.

Peers

Ceridian HCM Related Equities

ETWOE2open Parent   3.10   
0%
100.0%
ALKTAlkami Technology   1.19   
0%
38.0%
AZPNAspen Technology   0.27   
0%
8.0%
PAYCPaycom Soft   0.26   
0%
8.0%
ROPRoper Technologies,     
1.0%
0%
ANSSANSYS   0.17   
5.0%
0%
GWREGuidewire Software   0.17   
5.0%
0%
CVLTCommVault Systems   0.19   
6.0%
0%
PCTYPaylocity Holdng   0.29   
9.0%
0%
MANHManhattan Associates   0.33   
10.0%
0%
CWANClearwater Analytics   0.54   
17.0%
0%
PYCRPaycor HCM   1.17   
37.0%
0%
AGYSAgilysys   1.30   
41.0%
0%
ENFNEnfusion   1.62   
52.0%
0%
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

Other Consideration for investing in Ceridian Stock

If you are still planning to invest in Ceridian HCM Holding 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 Ceridian HCM's history and understand the potential risks before investing.
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