Needham & Company LLC Reaffirms Buy Rating for Dayforce (NYSE:DAY)

Needham & Company LLC reaffirmed their buy rating on shares of Dayforce (NYSE:DAYFree Report) in a report published on Thursday morning, Benzinga reports. The brokerage currently has a $82.00 target price on the stock.

Separately, Piper Sandler upped their price target on shares of Dayforce from $73.00 to $75.00 and gave the company a neutral rating in a research note on Thursday.

View Our Latest Stock Analysis on DAY

Dayforce Price Performance

Shares of DAY opened at $70.69 on Thursday. The stock has a market capitalization of $11.03 billion, a PE ratio of 201.98, a P/E/G ratio of 2.13 and a beta of 1.34. Dayforce has a fifty-two week low of $55.62 and a fifty-two week high of $78.98. The company has a debt-to-equity ratio of 0.53, a quick ratio of 1.09 and a current ratio of 1.09.

About Dayforce

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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.

Further Reading

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