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Dayforce Inc. (DAY), headquartered in Minneapolis, Minnesota, is a human capital management (HCM) software company that offers cloud-based solutions that integrate HR functions. With a market cap of $10.9 billion, the company offers a platform for talent and workforce management, human resources, benefits, and payroll services that help manage the entire employee lifecycle —from recruiting and onboarding to payroll. The workplace software giant is expected to announce its fiscal third-quarter earnings for 2025 in the near future.
Ahead of the event, analysts expect DAY to report a profit of $0.34 per share on a diluted basis, up 54.6% from $0.22 per share in the year-ago quarter. The company missed the consensus estimates in three of the last four quarters while surpassing the forecast on another occasion.
For the full year, analysts expect DAY to report EPS of $1.54, up 55.6% from $0.99 in fiscal 2024. Its EPS is expected to rise 20.8% year over year to $1.86 in fiscal 2026.
DAY stock has underperformed the S&P 500 Index’s ($SPX) 13.4% gains over the past 52 weeks, with shares up 9.2% during this period. Similarly, it underperformed the Technology Select Sector SPDR Fund’s (XLK) 20.8% gains over the same time frame.
On Aug. 6, DAY shares closed up marginally after reporting its Q2 results. Its adjusted EPS of $0.61 topped Wall Street expectations of $0.52. The company’s revenue was $464.7 million, beating Wall Street forecasts of $458.2 million. The company expects full-year revenue in the range of $1.9 billion to $2 billion.
Analysts’ consensus opinion on DAY stock is cautious, with a “Hold” rating overall. Out of 16 analysts covering the stock, two advise a “Strong Buy” rating, and 14 give a “Hold.” DAY’s average analyst price target is $70.18, indicating a potential upside of 3% from the current levels.
