Ceridian HCM Holding Inc (NYSE:CDAY) EVP Lisa M. Sterling sold 6,250 shares of Ceridian HCM stock in a transaction on Wednesday, July 17th. The stock was sold at an average price of $49.30, for a total value of $308,125.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.
Ceridian HCM stock opened at $48.26 on Friday. The company has a market cap of $6.80 billion, a price-to-earnings ratio of -965.20 and a beta of 1.59. The business has a fifty day simple moving average of $50.25. Ceridian HCM Holding Inc has a 12 month low of $31.39 and a 12 month high of $53.88. The company has a current ratio of 1.04, a quick ratio of 1.04 and a debt-to-equity ratio of 0.41.
Ceridian HCM (NYSE:CDAY) last posted its earnings results on Wednesday, May 1st. The company reported $0.08 EPS for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.04). Ceridian HCM had a positive return on equity of 0.89% and a negative net margin of 5.13%. The business had revenue of $203.70 million during the quarter, compared to the consensus estimate of $203.99 million. During the same period in the previous year, the business posted ($0.07) EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. On average, research analysts expect that Ceridian HCM Holding Inc will post 0.46 earnings per share for the current fiscal year.
CDAY has been the subject of a number of research analyst reports. Needham & Company LLC lifted their target price on Ceridian HCM to $60.00 and gave the stock a “buy” rating in a report on Tuesday, April 30th. Piper Jaffray Companies lifted their target price on Shopify from $149.00 to $216.00 and gave the stock a “neutral” rating in a report on Tuesday, April 30th. KeyCorp initiated coverage on Pinduoduo in a report on Tuesday, April 16th. They issued an “overweight” rating and a $32.00 target price for the company. Mitsubishi UFJ Financial Group lifted their target price on Ceridian HCM from $40.00 to $56.00 and gave the stock an “overweight” rating in a report on Tuesday, April 9th. Finally, Zacks Investment Research raised HENKEL AG & CO/S from a “sell” rating to a “hold” rating in a report on Thursday, June 6th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $46.91.
Ceridian HCM Company Profile
Ceridian HCM Holding Inc operates as a human capital management (HCM) software company in the United States and internationally. The company offers Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud platform, which offers scalable and straightforward payroll and HR solutions.
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