Ceridian HCM Holding Inc. operates as a human capital management (HCM) software company worldwide. The company offers Dayforce, a cloud HCM platform that address various areas of HCM, including human resources (HR), payroll, benefits, workforce management, and talent management functionality. It also provides Powerpay, a cloud platform, which offers scalable and straightforward payroll and HR solutions; Bureau solutions for payroll and payroll-related services; and LifeWorks, an employee engagement platform that delivers employee assistance programs, social recognition, perks and discounts, a private social network, employee and corporate wellness programs, and employee engagement analytics. The company was founded in 2013 and is based in Minneapolis, Minnesota. Ceridian HCM Holding Inc. is a subsidiary of Ceridian Holding LLC.
CDAY Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CDAY, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Ceridian HCM Holding Inc ranked in the 8th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. As for the metrics that stood out in our discounted cash flow analysis of Ceridian HCM Holding Inc, consider:
In the past 1.27 years, Ceridian HCM Holding Inc has a compound free cash flow growth rate of 0.54%; that's better than 77.75% of cash flow producing equities in the Technology sector, where it is classified.
The business' balance sheet suggests that 7% of the company's capital is sourced from debt; this is greater than merely 18.54% of the free cash flow producing stocks we're observing.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Technology that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CDAY, try SONO, TTD, BHE, CALX, and DT.
Ceridian HCM Holding (CDAY) has priced secondary public offering by affiliates of Thomas H. Lee Partners, L.P. and David D. Ossip, Chairman and CEO of the company, of 7,217,347 and 500K shares, par value $0.01/share at market prices prevailing at the time of sale.Pursuant to this offering, David Ossip holds 8.86M shares,...
Ceridian HCM Holding, Inc. (CDAY) Q2 2020 Earnings Conference Call Aug 05, 2020, 05:00 PM ET Company Participants Jeremy Johnson - VP, Finance & IR David Ossip - Chairman & CEO Conference Call Participants Michael Berg - Mizuho Group Bryan Bergin - Cowen and Company Presentation Operator Greetings and welcome...
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