Dayforce Inc., together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud HR and payroll solution for the small business market. The company also provides Bureau solutions for payroll and payroll-related services. It sells its solutions through direct sales force and third-party channels. The company was formerly known as Ceridian HCM Holding Inc. and changed its name to Dayforce Inc. in February 2024. Dayforce Inc. was incorporated in 2013 and is headquartered in Minneapolis, Minnesota.
Company profile
Ticker
DAY
Exchange
Website
CEO
Mr. David D. Ossip
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
Ceridian HCM Holding Inc.
SEC CIK
Corporate docs
Subsidiaries
Ascender Cloud Services Pty Ltd • Ascender HCM Australia Pty Ltd • Ascender HCM Holdings Pty Ltd • Ascender HCM PS Pty Ltd • Ascender HCM Pty Limited • Ascender Pay ANZ Pty Ltd • Dayforce Regional Pay Pty Ltd • Ascender PeopleStreme Australia Pty Ltd • Ascender PeopleStreme Pty Ltd • Ascender PST Pty Ltd ...
DAY stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
13 Sep 24
8-K
Departure of Directors or Certain Officers
5 Sep 24
10-Q
2024 Q2
Quarterly report
31 Jul 24
8-K
Dayforce Reports Second Quarter 2024 Results1
31 Jul 24
8-K/A
Submission of Matters to a Vote of Security Holders
7 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
Dayforce Reports First Quarter 2024 Results1
1 May 24
8-K
Submission of Matters to a Vote of Security Holders
26 Apr 24
ARS
2023 FY
Annual report to shareholders
12 Mar 24
DEFA14A
Additional proxy soliciting materials
12 Mar 24
Transcripts
DAY
Earnings call transcript
2024 Q2
31 Jul 24
DAY
Earnings call transcript
2024 Q1
1 May 24
DAY
Earnings call transcript
2023 Q3
1 Nov 23
DAY
Earnings call transcript
2023 Q2
2 Aug 23
DAY
Earnings call transcript
2023 Q2
2 Aug 23
DAY
Earnings call transcript
2023 Q1
3 May 23
DAY
Earnings call transcript
2022 Q4
8 Feb 23
DAY
Earnings call transcript
2022 Q3
2 Nov 22
DAY
Earnings call transcript
2022 Q2
4 Aug 22
DAY
Earnings call transcript
2022 Q1
5 May 22
Latest ownership filings
144
Notice of proposed sale of securities
15 Oct 24
144
Notice of proposed sale of securities
15 Oct 24
4
Jeffrey Scott Jacobs
3 Oct 24
4
Stephen H. Holdridge
18 Sep 24
144
Notice of proposed sale of securities
16 Sep 24
4
Stephen H. Holdridge
19 Aug 24
144
Notice of proposed sale of securities
15 Aug 24
4
William Everett McDonald
8 Aug 24
4
Andrea Rosen
6 Aug 24
4
Samer Alkharrat
11 Jun 24
Financial summary
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| Diluted EPS |
| Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
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| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 466.20 mm | 466.20 mm | 466.20 mm | 466.20 mm | 466.20 mm | 466.20 mm |
| Cash burn (monthly) | (no burn) | 1.77 mm | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | n/a | 6.24 mm | n/a | n/a | n/a | n/a |
| Cash remaining | n/a | 459.96 mm | n/a | n/a | n/a | n/a |
| Runway (months of cash) | n/a | 260.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
| 13F holders | Current |
|---|---|
| Total holders | 364 |
| Opened positions | 57 |
| Closed positions | 64 |
| Increased positions | 135 |
| Reduced positions | 135 |
| 13F shares | Current |
|---|---|
| Total value | 8.27 tn |
| Total shares | 184.49 mm |
| Total puts | 230.70 k |
| Total calls | 871.00 k |
| Total put/call ratio | 0.3 |
| Largest owners | Shares | Value |
|---|---|---|
| Capital International Investors | 18.31 mm | $908.17 bn |
| Capital Research Global Investors | 18.09 mm | $897.14 bn |
| Vanguard | 17.13 mm | $849.67 bn |
| T. Rowe Price | 15.87 mm | $787.04 mm |
| Select Equity | 14.54 mm | $721.31 bn |
| Capital World Investors | 12.31 mm | $610.61 bn |
| BLK BlackRock | 11.28 mm | $559.55 bn |
| EdgePoint Investment | 10.51 mm | $521.40 bn |
| Wellington Management | 6.07 mm | $300.86 bn |
| STT State Street | 5.81 mm | $288.23 bn |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 Oct 24 | Jeffrey Scott Jacobs | Common Stock | Sell | Dispose S | No | Yes | 61.1 | 376 | 22.97 k | 34,217 |
| 16 Sep 24 | Stephen H. Holdridge | Common Stock | Sell | Dispose S | No | Yes | 60.06 | 1,000 | 60.06 k | 102,437 |
| 15 Aug 24 | Stephen H. Holdridge | Common Stock | Sell | Dispose S | No | Yes | 55.01 | 1,000 | 55.01 k | 103,437 |
| 6 Aug 24 | William Everett McDonald | Common Stock | Payment of exercise | Dispose F | No | No | 52.49 | 371 | 19.47 k | 73,166 |
| 3 Aug 24 | Rosen Andrea | Common Stock | Payment of exercise | Dispose F | No | No | 53.23 | 585 | 31.14 k | 10,800 |
News
The Latest Analyst Ratings For Dayforce
14 Oct 24
Mizuho Maintains Outperform on Dayforce, Raises Price Target to $80
14 Oct 24
TD Cowen Maintains Hold on Dayforce, Raises Price Target to $62
7 Oct 24
Citigroup Maintains Buy on Dayforce, Raises Price Target to $75
25 Sep 24
The Latest Analyst Ratings For Dayforce
24 Sep 24
Press releases
Dayforce Community Unites to Make Work Life Better at Dayforce Discover 2024
10 Oct 24
Dayforce Announces 2024 Investor Day
22 Aug 24
Dayforce Leads the Future of Learning with New Dayforce Learning
20 Aug 24
Dayforce Wallet Surpasses $4B in Payroll Delivered
31 Jul 24
Dayforce Reports Second Quarter 2024 Results¹
31 Jul 24