Scotiabank Begins Coverage on Dayforce (NYSE:DAY)

Equities researchers at Scotiabank started coverage on shares of Dayforce (NYSE:DAY – Get Free Report) in a note issued to investors on Monday, MarketBeat Ratings reports. The brokerage set a “sector perform” rating and a $75.00 price target on the stock. Scotiabank’s price target indicates a potential upside of 0.25% from the stock’s current price. [...]

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Equities researchers at Scotiabank started coverage on shares of Dayforce ( NYSE:DAY – Get Free Report ) in a note issued to investors on Monday, MarketBeat Ratings reports. The brokerage set a “sector perform” rating and a $75.00 price target on the stock.

Scotiabank’s price target indicates a potential upside of 0.25% from the stock’s current price. Several other equities analysts also recently commented on the stock.



Needham & Company LLC boosted their price target on shares of Dayforce from $82.00 to $95.00 and gave the stock a “buy” rating in a research note on Wednesday, November 13th.

Piper Sandler reissued an “overweight” rating and set a $94.00 target price (up from $82.00) on shares of Dayforce in a research note on Wednesday, November 13th.

Deutsche Bank Aktiengesellschaft increased their price target on Dayforce from $70.00 to $75.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.

BMO Capital Markets boosted their price objective on Dayforce from $80.00 to $90.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 13th.

Finally, Mizuho raised their target price on shares of Dayforce from $85.00 to $95.00 and gave the company an “outperform” rating in a report on Wednesday, November 13th.

Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Dayforce currently has an average rating of “Moderate Buy” and an average price target of $78.

77. Get Our Latest Stock Analysis on DAY Dayforce Trading Up 0.2 % Insider Buying and Selling In related news, insider Jeffrey Scott Jacobs sold 643 shares of the firm’s stock in a transaction that occurred on Tuesday, October 15th.

The stock was sold at an average price of $63.37, for a total transaction of $40,746.91.

Following the transaction, the insider now owns 34,074 shares in the company, valued at $2,159,269.38. This trade represents a 1.

85 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website . Also, COO Stephen H.

Holdridge sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, October 15th. The shares were sold at an average price of $63.37, for a total value of $63,370.

00. Following the completion of the sale, the chief operating officer now owns 101,437 shares of the company’s stock, valued at approximately $6,428,062.69.

This represents a 0.98 % decrease in their position. The disclosure for this sale can be found here .

Insiders have sold 6,643 shares of company stock worth $460,877 in the last ninety days. 4.90% of the stock is owned by corporate insiders.

Institutional Trading of Dayforce A number of large investors have recently bought and sold shares of DAY. Financial Perspectives Inc purchased a new stake in shares of Dayforce in the second quarter valued at about $28,000. Quent Capital LLC purchased a new stake in Dayforce during the 3rd quarter valued at approximately $28,000.

Sentry Investment Management LLC acquired a new stake in Dayforce during the 2nd quarter worth approximately $33,000. Farther Finance Advisors LLC purchased a new position in shares of Dayforce in the 3rd quarter valued at approximately $40,000. Finally, Quarry LP acquired a new position in shares of Dayforce in the third quarter valued at approximately $51,000.

Dayforce Company Profile ( Get Free Report ) Dayforce Inc, together with its subsidiaries, operates as a human capital management (HCM) software company in the United States, Canada, and internationally. It offers Dayforce, a cloud HCM platform that provides human resources, payroll and tax, workforce management, wallet, benefits, and talent intelligence functionalities; and Powerpay, a cloud HR and payroll solution for the small business market. Further Reading Five stocks we like better than Dayforce What Are Dividends? Buy the Best Dividend Stocks Super Micro Computer Soars 28%: Is It Really Out of the Woods? How to Capture the Benefits of Dividend Increases Traders Are Flocking Back to Oil: What’s Fueling the Optimism What is a Bond Market Holiday? How to Invest and Trade 3 Hot Stock Trends to Ride Into 2025 Receive News & Ratings for Dayforce Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dayforce and related companies with MarketBeat.

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