Cday is trading at 7 times over its book value AND 18 times greater than its sales AND has a negative EPS. Ummmmm it has 2.23% revenue growth.
Okay this stock is fat and I’m going to short it. Nooooo way should it be at $93. More like $65. Time to take this pig to market people.
s
$CDAY Target Lowered by Credit Suisse Neutral USD 100 » USD 95 Target Raised by Needham & Company LLC Buy USD 105 » USD 120 Target Raised by Wells Fargo Overweight USD 101 » USD 110
M
Like $LSPD and $SHOP, Ceridian offers a value-adding service that pretty much pays for itself. Although the HCM market is getting crowded, switching costs have grown to a level that makes Ceridian’s product offerings look pretty sticky. Over the long haul, I see Ceridian growing by double digits while doing so profitably — something that few cloud-harnessing firms can do these days.
In the meantime, Ceridian, like Lightspeed, is facing disruption to its business as a result of COVID-19. An unprecedented surge in unemployment will hit Ceridian over the intermediate term, given it charges on a per-employee basis. Unlike Lightspeed, however, Ceridian is more exposed to larger firms that are better able to survive this crisis.
With shares trading at 9.6 times sales, I’d say Ceridian is a bargain for growth investors hungry for high returns.
k
Why down 7% today with heavy volume ? Another secondary offer again by management? Last time it was Sept 5 at 56.00 offer.
S
Yeah, its gotta got up! Still chances to buy the dip!
CDAY is the only payroll company that enables continuous calculation of payroll and tax in real-time. Its aggressive growth strategy combined with the recent drop in share price makes a good entry point for long term investors. More details about the company are here http://nnkresearch.com/ceridian-investing-for-long-term-growth
Summary CDAY is the only payroll company that enables continuous calculation of payroll and tax in real-time. Ceridian is the first HCM company to offer on-demand payment functionality to its customers’ employees through the Dayforce Wallet mobile ap
Summary CDAY is the only payroll company that enables continuous calculation of payroll and tax in real-time. Ceridian is the first HCM company to offer on-demand payment functionality to its customers’ employees through the Dayforce Wallet mobile ap
nnkresearch.com
Bullish
A
Cheap stock, PE is only 800. Better return than bank dividend of 0%
F
1st
E
#CDAY Technicals are showing great signs of upside potential. Buy rating: 6, at 9trading. Target: 47.27.
b
On sale -10% premarket. That’s a buy for me
Bullish
J
This stock should be trading much higher than it is.
Okay this stock is fat and I’m going to short it. Nooooo way should it be at $93. More like $65. Time to take this pig to market people.
Target Lowered by Credit Suisse Neutral USD 100 » USD 95
Target Raised by Needham & Company LLC Buy USD 105 » USD 120
Target Raised by Wells Fargo Overweight USD 101 » USD 110
In the meantime, Ceridian, like Lightspeed, is facing disruption to its business as a result of COVID-19. An unprecedented surge in unemployment will hit Ceridian over the intermediate term, given it charges on a per-employee basis. Unlike Lightspeed, however, Ceridian is more exposed to larger firms that are better able to survive this crisis.
With shares trading at 9.6 times sales, I’d say Ceridian is a bargain for growth investors hungry for high returns.
Ceridian HCM (CDAY)
10/23/2018
Number
of Shares 21,000,000
Initial
Share Price $22.00
Offer
Size $462,000,000
Date
Priced 4/26/2018