Dayforce, Inc. (DAY)

Dayforce's stock has experienced fluctuations over the past six months. As of July 15, 2025, the share price was $54.24, a 2.46% decline from July 16, 2024. The stock has seen an 18.27% decline over the last six months. Key events include a Q4 2024 earnings report that missed EPS estimates but exceeded revenue expectations, a Q1 2025 earnings report with better-than-expected EPS and revenue but a weaker Q2 revenue forecast, a 5% workforce reduction, a $500 million stock buyback program, and the rebranding from Ceridian to Dayforce.

Dayforce's revenue exhibits some seasonality. Fourth-quarter revenue is primarily driven by year-end processing fees and Dayforce customer go-lives. First-quarter revenue is primarily influenced by revenue earned for the printing of year-end tax packages. The company anticipates employment levels to reflect a normalized seasonal cadence.

Dayforce, Inc. is a global technology company specializing in human capital management (HCM) software, headquartered in Minneapolis, Minnesota. It develops cloud-based solutions to manage the employee lifecycle. The Dayforce HCM Platform integrates HR, payroll, benefits, workforce management, and talent management, accounting for almost 80% of company revenue and serving 6,876 clients as of fiscal 2024. Powerpay is a cloud HR and payroll solution for Canadian small businesses. Bureau solutions offer payroll services using legacy technology. Dayforce Wallet is a digital payment solution, and Dayforce Talent Intelligence is an AI-powered talent management suite.

Dayforce primarily serves customers in the U.S. with its Dayforce platform and has a significant presence in Canada with Powerpay. It also operates in Australia, New Zealand, and select European countries. Its global payroll model supports payroll in over 200 countries and territories. Recent expansions include implementations in 22 countries for a manufacturer and expansions in Malaysia, the UK, and India for global companies.

Dayforce has maintained a strong brand reputation, marked by industry recognition and positive customer engagement. It was named a leader in the Gartner Magic Quadrant for Cloud HCM Suites for the fifth consecutive year and received awards for HR and benefits software. The company has highlighted strong sales quarters and high customer retention, with an annual gross revenue retention rate of 98% for the full year 2024. Dayforce continues to invest in innovation, including developments in AI, the launch of Dayforce Talent Marketplace, and the integration of eloomi to power Dayforce Learning. Dayforce was named one of America's Most Responsible Companies by Newsweek and to Seramount's 2023 Global Inclusion Index for the second consecutive year.

Dayforce Inc. has a significant institutional ownership base, with 931 institutional owners and shareholders holding a total of 223,571,265 shares. Major institutional owners include Capital International Investors, Vanguard Group Inc., and Price T Rowe Associates Inc. Individual insiders hold approximately 1.64% of the company's shares.