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Ceridian HCM Holding Inc CDAY Stock Quote

Morningstar Rating
| Rating as of

NYSE: CDAY

Last close prices updated as of Mar 29, 2023, 7:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 70.29
  • Sector Technology
  • Industry Software - Application
  • Investment Style Mid Growth
  • Day Range 68.71  –  70.49
  • Year Range 43.23  –  79.66
  • Market Cap 10.8704 Bil
  • Volume / Avg 809,349.0 /  1.2 Mil
  • Price / Sales 8.63
  • Price / Book 5.15
  • Forward Div Yield —
  • Trailing Div Yield —

Morningstar‘s Stock Analysis CDAY

Valuation
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1-Star Price

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5-Star Price

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Economic Moat

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Capital Allocation

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Ceridian Reaps Benefits of Sticky Customers as the Firm Pursues Growth Upmarket

Emma Williams Equity Analyst

Business Strategy and Outlook

| Emma Williams |

Ceridian HCM offers payroll and human capital management solutions via its flagship Dayforce platform, secondary platform Powerpay, and legacy Bureau products. The company has taken share of the expansive and growing HCM market through the appeal of its agile cloud-based solutions that offer an alternative to legacy on-premises solutions or solutions cobbled together using multiple databases or platforms. Ceridian derives most of its revenue from Dayforce, which is geared to larger enterprises wishing to streamline human resources operations across multiple jurisdictions and leverage the platform’s scalable infrastructure.

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Key Statistics CDAY

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Company Profile CDAY

Business Description

Ceridian HCM provides payroll and human capital management solutions targeting clients with 100-100,000 employees. Following the 2012 acquisition of Dayforce, Ceridian pivoted away from its legacy on-premises Bureau business to become a cloud HCM provider. As of fiscal 2022, about 80% of group revenue was derived from the flagship Dayforce platform geared toward enterprise clients. The remaining revenue is about evenly split between cloud platform Powerpay, targeting small businesses in Canada, and legacy Bureau products.

Contact
3311 East Old Shakopee Road
Minneapolis, MN, 55425
Sector Technology
Industry Software - Application
Employees 8,526

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FAQs for Ceridian HCM Holding Inc Stock

No. CDAY does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

CDAY’s market cap is 10.87 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

CDAY’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

CDAY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare CDAY’s historical performance against its industry peers and the overall market.