Ceridian HCM stock: buy or sell?
January 17th, 2020
Should I buy Ceridian HCM stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Having a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
Currently, 2 buy setups match with Ceridian HCM stock now:
|New all-time high||Yes|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ceridian HCM stock a buy?
Financial institutions and banks post stock ratings everyday.At Stocks2.com, we gathered 10 ratings published for CDAY stock in the last month. The general sentiment of these ratings is bullish for CDAY stock, with 6 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-8-19||Jefferies Financial Group||Hold||Buy|
|2019-7-31||Robert W. Baird||n/a||Outperform|
|2019-7-31||Jefferies Financial Group||Positive||Hold|
|2019-7-31||Credit Suisse Group||n/a||Neutral|
|2019-4-30||Piper Jaffray Companies||Overweight||Positive|
|2019-2-7||Piper Jaffray Companies||n/a||Overweight|
|2019-2-7||Needham & Company LLC||n/a||Buy|
|2019-2-7||Mitsubishi UFJ Financial Group||n/a||Overweight|
|2019-2-1||Goldman Sachs Group||n/a||Neutral|
Ceridian HCM stock analysis
After climbing to all-time highs several times in past weeks, Ceridian HCM stayed constant -0.12% to $72.73.
After yesterday all time highs, Ceridian HCM stayed steady to $72.73. Since November when CDAY stock price broke up the SMA200d line, it gained $23.22 (46.90%). From a daily perspective, CDAY is in a short term uptrend after plotting its last bottom ($61.31, on Dec/12) higher than the previous bottom, and its last top ($73.95, on Jan 16th) also over the previous top. Now trading in between its last bottom and last top CDAY might consolidate in a plain range, waiting to break out over $73.95 or down under $61.31. Since SMA50d and SMA100d crossed up on Dec 12th, CDAY price climbed $10.69 per share (17.23%). On Jan 16th, CDAY hit a new all time high, pushing higher than on Wednesday tops. Check different trading setups that use ATHs as triggers.
Shares of Ceridian HCM ended this week at $72.73 after topping to a new all time high ($73.95) and stepped up a decent 1.73%. For 5 weeks in a row, price soared and marked a profit of 16.36%.
Since price and SMA40w lines crossed up early November, CDAY climbed $23.22 (46.90%). Early December, SMA10w and SMA20w crossed up triggering a rise of 20.49%.
Ceridian HCM stock price history
Ceridian HCM stock went public on April 26th, 2018 with a price of $28.901. Since then, CDAY stock surged a 151.70%, with an average of 151.70% per year. If you had invested right after CDAY's IPO a $1,000 in Ceridian HCM stock in 2018, it would worth $1,517.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Ceridian HCM stock historical price chart
CDAY stock reached all-time highs on January 16th with a price of $73.95.
Ceridian HCM stock price target is $57.20Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. We detected 9 price targets for CDAY stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-8-19||Jefferies Financial Group||Upgrades||$58.00||$65.00||12.1%|
|2019-7-31||Robert W. Baird||Reiterates||$48.00||$58.00||20.8%|
|2019-7-31||Jefferies Financial Group||Reiterates||$52.00||$58.00||11.5%|
|2019-7-31||Credit Suisse Group||Raises Target||$45.00||$52.00||15.6%|
|2019-4-30||Piper Jaffray Companies||Raises Target||$50.00||$65.00||30%|
|2019-2-7||Piper Jaffray Companies||Reiterates||n/a||$50.00||-|
|2019-2-7||Needham & Company LLC||Raises Target||n/a||$53.00||-|
|2019-2-7||Mitsubishi UFJ Financial Group||Raises Target||n/a||$49.00||-|
Financials and fundamental analysis
Earnings date and Earnings per ShareCeridian HCM let down analysts on February when it posted an Earnings per Share (EPS) of $0.07 when the market consensus was $0.08.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a superb growth of 11.27% to $746.40 million dollars. When comparing 2018 vs 2017, nevertheless, profit margin (that is, the net income divided by revenues) fell a -7.12% to -8.49%.
|2015||$694 M||-||$-104.70 M-15.1%||-|
|2016||$623 M||-10.16%||$-92.90 M-14.9%||-11.27%|
|2017||$671 M||7.60%||$-9.20 M-1.4%||-90.10%|
|2018||$746 M||11.27%||$-63.40 M-8.5%||589.13%|
Quarterly financial resultsCeridian HCM reported $200.30 M in sales for 2018-Q4, a 11.53% up compared to previous quarter. Reported quarter earnings marked $-0.20 M with a profit margin of -0.10%. Profit margin slightly fell a -2.55% compared to previous quarter when profit margin was 2.45%. When comparing turnover to same quarter last year, Ceridian HCM sales marked a spooky decrease and plunged a -23.64%. Looking back to recent quarterly results, Ceridian HCM posted 2 negative quarters in a row.
|2017-Q2||$177 M||-||$-22.90 M-13.0%||-|
|2017-Q3||$185 M||4.36%||$-19.20 M-10.4%||-16.16%|
|2017-Q4||$262 M||42.17%||$45.00 M17.2%||-334.38%|
|2018-Q1||$209 M||-20.36%||$-2.10 M-1.0%||-104.67%|
|2018-Q2||$179 M||-14.17%||$-65.50 M-36.5%||3,019.05%|
|2018-Q3||$180 M||0.17%||$4.40 M2.4%||-106.72%|
|2018-Q4||$200 M||11.53%||$-0.20 M-0.1%||-104.55%|
|2019-Q1||$204 M||1.70%||$11.20 M5.5%||-5,700.00%|
Ceridian HCM ownershipWhen you are planning to invest in shares of a company, it's worth to review its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ceridian HCM, 21.89% of all outstanding shares are owned by its staff.
Bearish positions for CDAY stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Ceridian HCM:
|Market cap||$10.5 B|
|Total shares||144.0 M|
|Float shares||92.5 M|
|- Institutional holdings (%)||83.6%|
|- Insider holdings (%)||21.9%|
|Shares in short selling||0.0%|
Ceridian HCM summary
|Friday, January 17th, 2020|
|Day range||$72.19 - $73.50|
|Average true range||$1.47|
|50d mov avg||$63.24|
|100d mov avg||$56.66|
|200d mov avg||$53.84|
Ceridian HCM performanceTo better understand Ceridian HCM performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Ceridian HCM stock.