/Dayforce%20Inc%20app-by%20Premio%20Studio%20via%20Shutterstock.jpg)
With a market cap of $8.8 billion, Minneapolis, Minnesota-based Dayforce Inc (DAY) is a human capital management (HCM) software company. It offers the Dayforce cloud platform and Powerpay for small businesses, delivering HR, payroll, workforce management, benefits, and talent intelligence solutions across the U.S., Canada, Australia, and internationally.
Dayforce is expected to release its fiscal Q2 2025 earnings results on Wednesday, Jul. 30. Ahead of this event, analysts project the company to report an EPS of $0.32, a 39.1% growth from $0.23 in the year-ago quarter. It has exceeded Wall Street's bottom-line estimates in two of the last four quarters while missing on two other occasions.
For fiscal 2025, analysts forecast the provider of human-resources software and services to report EPS of $1.46, up 47.5% from $0.99 in fiscal 2024.
Shares of Dayforce have risen 8.3% over the past 52 weeks, underperforming the broader S&P 500 Index's ($SPX) 12.1% return and the Industrial Select Sector SPDR Fund's (XLI) 21.7% gain over the same period.
Despite reporting better-than-expected Q1 2025 adjusted EPS of $0.58 and revenue of $481.8 million, Dayforce shares fell 6.4% on May 7 due to a weaker-than-expected Q2 revenue forecast of $454 million - $460 million. Additionally, the company's February announcement of a 5% workforce reduction signaled internal cost pressures despite top-line growth.
Analysts' consensus view on Dayforce stock is cautiously optimistic, with a "Moderate Buy" rating overall. Among 17 analysts covering the stock, nine suggest a "Strong Buy," one has a "Moderate Buy," six give a "Hold," and one provides a "Strong Sell" rating.
As of writing, the stock is trading below the average analyst price target of $67.80.
