FMP
Aug 4, 2022 11:11 PM - Davit Kirakosyan
Ceridian HCM Holding Inc. (NYSE:CDAY) shares rose more than 10% on Wednesday following the company’s reported Q2 results, with EPS of $0.21 coming in better than the Street estimate of $0.10. Revenue was $301.2 million, compared to the Street estimate of $294.53 million.
The company provided its full 2022-year guidance, expecting revenue to be in the range of $1.218-1.233 billion.
According to the analysts at Deutsche Bank, Dayforce recurring revenue accelerated to approximately 29% on an organic constant current basis, and management noted no change in the demand environment from a sales cycle perspective, nor degradation in employment levels with its client base.
Continued progress upmarket, with multiple wins with hundred-thousand-plus employee organizations, highlights maturating product functionality, but more importantly, it also underscores improved sales execution, which should help drive sustainable growth going forward. The analysts lowered their price target to $80 from $85, while reiterating their buy rating.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...