Grufity logoGrufity logo

Ceridian HCM Holding Inc Stock Research

CDAY

72.72USD-0.23(-0.32%)Market Closed

Market Summary

USD72.72-0.23
Market Closed
-0.32%

CDAY Alerts

CDAY Stock Price

CDAY RSI Chart

CDAY Valuation

Market Cap

11.2B

Price/Earnings (Trailing)

-143.69

Price/Sales (Trailing)

9.36

EV/EBITDA

285

Price/Free Cashflow

123.09

CDAY Price/Sales (Trailing)

CDAY Profitability

Operating Margin

37.07%

EBT Margin

-5.95%

Return on Equity

-3.79%

Return on Assets

-0.97%

Free Cashflow Yield

0.81%

CDAY Fundamentals

CDAY Revenue

Revenue (TTM)

1.2B

Revenue Y/Y

22.71%

Revenue Q/Q

4.78%

CDAY Earnings

Earnings (TTM)

-77.7M

Earnings Y/Y

-0.48%

Earnings Q/Q

-6.06%

Price Action

52 Week Range

43.2381.07
(Low)(High)

Last 7 days

4.3%

Last 30 days

20.0%

Last 90 days

10.3%

Trailing 12 Months

6.1%

CDAY Financial Health

Current Ratio

1.07

Debt/Equity

0.59

Debt/Cashflow

0.07

CDAY Investor Care

Shares Dilution (1Y)

2.04%

Diluted EPS (TTM)

-0.51

Peers (Alternatives to Ceridian HCM Holding)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
204.1B
5.81% -16.46%
27.4
9.05
10.38% -5.25%
239.8B
46.1B
10.78% 13.06%
27.26
5.21
11.29% -14.28%
173.1B
17.2B
12.91% -24.81%
35.97
10.07
13.86% -17.57%
164.0B
-
28.06% -22.67%
590.02
5.56
24.56% -84.01%
21.9B
4.3B
13.45% -45.80%
31.38
5.04
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
8.0B
740.5M
8.17% 2.51%
71.34
10.76
15.84% 1.13%
6.1B
842.0M
23.02% -22.06%
-30.74
7.25
13.87% -103.37%
3.0B
447.2M
30.69% -17.07%
-21.28
6.77
29.28% -105.78%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.16
7.93
13.75% -237.98%
SMALL-CAP
994.3M
383.7M
27.12% -49.93%
-7.94
2.59
14.43% -50.89%
826.1M
399.9M
7.85% -9.18%
-10.17
2.07
4.73% 8.15%
276.1M
314.2M
37.07% -53.63%
-5.19
0.88
3.18% 5.68%

Financials for Ceridian HCM Holding

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue5.2%1,1921,1341,0831,024965
Gross Profit6.2%442416392382364
  S&GA Expenses3.0%469455444418424
  R&D Expenses-81----
EBITDA34.2%42311723-
EBITDA Margin27.6%0.04*0.03*0.02*0.02*-
Earnings Before Taxes14.9%-70.90-83.30-102.10-90.30-107.40
EBT Margin19.1%-0.06*-0.07*-0.09*-0.09*-
Interest Expenses-7.9%3033363631
Net Income-0.1%-77.70-77.60-83.60-75.40-83.20
Net Income Margin4.8%-0.07*-0.07*-0.08*-0.07*-
Free Cahsflow40.8%91645949-
* denotes actual numbers (not divided by Millions)
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-11.8%8,0069,08211,0607,1669,002
  Current Assets-17.1%5,0076,0387,9784,1445,964
    Cash Equivalents10.0%408371355368379
  Net PPE2.3%145141134128144
  Goodwill9324.2%2,262242,3372,3242,318
Liabilities-14.8%5,9556,9888,9194,9396,780
  Current Liabilities-18.0%4,6765,6997,6293,7425,555
  Long Term Debt0.0%1,2141,2151,2161,1241,122
Shareholder's Equity-2.1%2,0512,0942,1412,2282,222
  Retained Earnings-6.1%-367.40-346.40-326.60-309.20-299.70
  Additional Paid-In Capital1.7%2,9182,8702,8242,8602,806
Accumulated Depreciation-383----
Shares Outstanding0.3%154153153152150
* denotes actual numbers (not divided by Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations40.8%91645949-28.60
  Share Based Compensation7.3%143134126113103
Cashflow From Investing10.5%-495.60-553.90-491.10-711.10-648.00
Cashflow From Financing-132.3%-780.202,4183,2514083,024

Risks for CDAY

What is the probability of a big loss on CDAY?

85.3%


Probability that Ceridian HCM Holding stock will be more than 20% underwater in next one year

42.2%


Probability that Ceridian HCM Holding stock will be more than 30% underwater in next one year.

40.6%


Probability that Ceridian HCM Holding stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does CDAY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Ceridian HCM Holding was unfortunately bought at previous high price.

Drawdowns

Returns for CDAY

Cumulative Returns on CDAY

-0.1%


3-Year Cumulative Returns

Which funds bought or sold CDAY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-01-26
COMERICA BANK
added
107.25
2,674,000
4,673,000
0.04%
2023-01-26
OREGON PUBLIC EMPLOYEES RETIREMENT FUND
added
1.07
105,306
760,306
0.01%
2023-01-26
State of Tennessee, Treasury Department
unchanged
-
195,000
1,235,000
0.01%
2023-01-26
Sumitomo Mitsui DS Asset Management Company, Ltd
added
42.08
303,388
785,388
0.02%
2023-01-25
FIFTH THIRD BANCORP
added
6.26
90,808
502,808
-%
2023-01-25
Lindbrook Capital, LLC
added
2,654.55
18,437
19,437
-%
2023-01-24
NATIONAL BANK OF CANADA /FI/
added
644.27
17,481,500
19,860,500
0.05%
2023-01-24
XPONANCE, INC.
added
17.03
376,126
1,470,130
0.02%
2023-01-24
TOTH FINANCIAL ADVISORY CORP
new
-
481,125
481,125
0.08%
2023-01-24
Louisiana State Employees Retirement System
added
1.02
87,000
635,000
0.02%

1–10 of 47

Latest Funds Activity

Are funds buying CDAY calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own CDAY
No. of Funds

Ceridian HCM Holding News

Nasdaq

Cannae Holdings Cuts Stake in Ceridian HCM Holding (CDAY).

Nasdaq,
33 hours ago

MarketWatch

Schedule 13G FIlings of Ceridian HCM Holding

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
May 09, 2022
select equity group, l.p.
10.7%
16
SC 13G/A
Apr 08, 2022
vanguard group inc
10.11%
15,174,664
SC 13G/A
Feb 14, 2022
select equity group, l.p.
8.1%
12,263,210
SC 13G
Feb 14, 2022
price t rowe associates inc /md/
15.4%
23,413,019
SC 13G/A
Feb 11, 2022
capital research global investors
12.3%
18,543,250
SC 13G/A
Feb 11, 2022
capital world investors
4.7%
7,135,334
SC 13G/A
Feb 09, 2022
vanguard group inc
9.95%
15,059,496
SC 13G/A
Feb 03, 2022
blackrock inc.
6.0%
9,113,436
SC 13G/A
Feb 16, 2021
capital world investors
6.7%
9,970,268
SC 13G
Feb 16, 2021
capital research global investors
12.3%
18,108,406
SC 13G/A

CDAY Fair Value

Recent SEC filings of Ceridian HCM Holding

View All Filings
Date Filed Form Type Document
Jan 11, 2023
4
Insider Trading
Dec 09, 2022
4
Insider Trading
Nov 16, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 02, 2022
8-K
Current Report
Nov 02, 2022
10-Q
Quarterly Report
Oct 26, 2022
4
Insider Trading

Latest Insider Trading transactions for CDAY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-01-09
Turner Leagh Erin
sold
-399,880
61.52
-6,500
co-chief executive officer
2023-01-09
Turner Leagh Erin
acquired
251,095
38.63
6,500
co-chief executive officer
2022-12-07
Turner Leagh Erin
sold
-407,798
62.7381
-6,500
co-chief executive officer
2022-12-07
Turner Leagh Erin
acquired
251,095
38.63
6,500
co-chief executive officer
2022-11-15
Holdridge Stephen H.
sold
-142,000
71
-2,000
evp, chief customer officer
2022-11-14
Holdridge Stephen H.
sold
-68,000
68
-1,000
evp, chief customer officer
2022-11-11
Heuland Noemie Clemence
sold
-63,550
63.55
-1,000
evp, cfo
2022-11-10
Heuland Noemie Clemence
sold
-165,262
59.64
-2,771
evp, cfo
2022-10-25
Armstrong Christopher R
sold
-1,444,200
60
-24,070
evp, chief operating officer
2022-10-25
Armstrong Christopher R
acquired
529,540
22
24,070
evp, chief operating officer

1–10 of 50

David D. Ossip
7460
Ceridian HCM Holding 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 (HR), 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 incorporated in 2013 and is headquartered in Minneapolis, Minnesota.

CDAY Income Statement

2022-09-30
Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:    
Total revenue$ 315.6$ 257.2$ 910.1$ 742.1
Cost of revenue:    
Recurring77.166.0234.4191.1
Professional services and other61.048.9172.6140.9
Product development and management44.836.6125.094.2
Depreciation and amortization13.712.640.037.5
Total cost of revenue196.6164.1572.0463.7
Gross profit119.093.1338.1278.4
Selling, general, and administrative122.7109.1367.2316.5
Operating loss(3.7)(16.0)(29.1)(38.1)
Interest expense, net7.410.019.925.5
Other expense, net5.93.411.416.2
Loss before income taxes(17.0)(29.4)(60.4)(79.8)
Income tax expense (benefit)4.0(8.5)7.8(13.9)
Net loss$ (21.0)$ (20.9)$ (68.2)$ (65.9)
Net loss per share:    
Basic$ (0.14)$ (0.14)$ (0.45)$ (0.44)
Diluted$ (0.14)$ (0.14)$ (0.45)$ (0.44)
Weighted-average shares outstanding:    
Basic153,184,846150,450,595152,691,008149,083,666
Diluted153,184,846150,450,595152,691,008149,083,666
Recurring [Member]    
Revenue:    
Total revenue$ 263.8$ 215.0$ 762.8$ 619.1
Professional Services and Other [Member]    
Revenue:    
Total revenue$ 51.8$ 42.2$ 147.3$ 123.0

CDAY Balance Sheet

2022-09-30
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:  
Cash and equivalents$ 408.4$ 367.5
Restricted cash0.81.9
Trade and other receivables, net155.4146.3
Prepaid expenses and other current assets107.392.6
Total current assets before customer funds671.9608.3
Customer funds4,335.33,535.8
Total current assets5,007.24,144.1
Right of use lease asset27.529.4
Property, plant, and equipment, net144.7128.2
Goodwill2,261.82,323.6
Other intangible assets, net298.4332.5
Other assets266.8208.4
Total assets8,006.47,166.2
Current liabilities:  
Current portion of long-term debt8.18.3
Current portion of long-term lease liabilities14.911.3
Accounts payable56.751.7
Deferred revenue42.648.7
Employee compensation and benefits72.677.3
Other accrued expenses24.224.7
Total current liabilities before customer funds obligations219.1222.0
Customer funds obligations4,456.63,519.9
Total current liabilities4,675.73,741.9
Long-term debt, less current portion1,214.11,124.4
Employee benefit plans19.320.7
Long-term lease liabilities, less current portion23.032.7
Other liabilities23.119.0
Total liabilities5,955.24,938.7
Commitments and contingencies (Note 14)
Stockholders’ equity:  
Common stock, $0.01 par, 500,000,000 shares authorized, 153,526,336 and 151,995,031 shares issued and outstanding, respectively1.51.5
Additional paid in capital2,918.42,860.0
Accumulated deficit(367.4)(309.2)
Accumulated other comprehensive loss(501.3)(324.8)
Total stockholders’ equity2,051.22,227.5
Total liabilities and equity$ 8,006.4$ 7,166.2