After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Ceridian HCM Holding Inc. (CDAY) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $73.63. The Ceridian HCM Holding Inc. has recorded 30,840 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Dayforce Wallet Surpasses $2B In Earned Wages Delivered.
CDAY belongs to the Technology sector of the NYSE while operating in the Software – Application industry. At the end of the last regular session, the stock closed at $73.63 and fluctuated between $74.48 as its day high and $72.24 as its day low. The current market capitalization of Ceridian HCM Holding Inc. is $11.37B. A total of 1.05 million shares were traded on the day, compared to an average of 1.24M shares.
Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, CDAY has seen 2 BUY and 15 SELL insider trades, representing the acquisition of 13,084 and the disposition of 61,535 shares. Over the last 12 months, there were 46 BUYs and 71 SELLs from insiders. Insiders purchased 441,692 shares during that period but sold 230,181.
In the most recent transaction, Korngiebel Joseph B sold 11,193 shares of CDAY for 70.26 per share on Aug 22. After the transaction, the EVP, CPTO now owns 113,060 company shares. In a previous transaction on Aug 07, Turner Leagh Erin sold 7,084 shares at 71.87 per share. CDAY shares that Co-Chief Executive Officer owns now total 245,201.
Among the insiders who sold shares, McDonald William Everett disposed of 373 shares on Aug 07 at a per-share price of $71.42. This resulted in the EVP, GC & Corporate Secretary holding 48,511 shares of CDAY after the transaction. In another insider transaction, Holdridge Stephen H. sold 1,000 shares at $72.50 per share on Jul 18. Company shares held by the President Customer&Revenue Ops now total 64,756.
While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for CDAY in the last 3 months, the mean price target is $78.40 with high estimates of $95.00 and low estimates of $65.00. In terms of 52-week highs and lows, CDAY has a high of $79.66 and a low of $51.52.
As of this writing, CDAY has an earnings estimate of $0.3 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.32 per share and a lower estimate of $0.25.
Balance Sheet Annually/Quarterly
An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. CDAY’s latest balance sheet shows that the firm has $367.50M in Cash & Short Term Investments as of fiscal 2021. There were $1.18B in debt and $3.74B in liabilities at the time. Its Book Value Per Share was $14.44, while its Total Shareholder’s Equity was $2.23B.
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CDAY is Buy with a score of 4.00.