Ceridian HCM (NYSE:CDAY) Target Raised by Goldman Sachs Group Inc to $72.00

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Ceridian HCM stock has undergone multiple analysts rating changes in the recent past.  Ceridian HCM stock Target Raised by   Goldman Sachs Group Inc on 6/29/2020. In a note to investors, the firm issued a new target price of $72.00. The analysts previously had $62.00 target price. Goldman Sachs Group Inc’s price target would indicate a potential upside of -9.90% from the stock’s previous close.

Shares of Ceridian HCM traded down -$1.75 on Monday, reaching $78.16. 495737 shares of the stock traded hands, compared to its average volume of 1601860. Shares of were trading at $78.16 on Monday. The firm’s 50 day moving average is $67.56 and its 200 day moving average is 61.09.Ceridian HCM  has a 12 month low of $76.49 and a 12 month high of $83.89. While on yearly highs and lows, Ceridian HCM today has traded high as $80.28 and has touched $76.49 on the downward trend.

Ceridian HCM Earnings and What to expect: 

Ceridian HCM last posted its earnings results on May 6th, 2020. The reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.12 by $0.03. The company had revenue of $222.70 million for the quarter, compared to the consensus estimate of $218.42 million. Its quarterly revenue was up 9.3% on a year-over-year basis. Ceridian HCM has generated $0.26 earnings per share over the last year and currently has a price-to-earnings ratio of 154.3. Ceridian HCM has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 17.60%
  • On 6/9/2020 CEO David D Ossip Sell 500,000 at average share price of $81.00 which equates to $40,500,000.00 in money value.
  • On 5/20/2020 CFO Arthur Gitajn Sell 86,500 at average price of  $65.51 with total value of : Not Data Available
  • On 5/20/2020 Major Shareholder Cannae Holdings, Inc. Sell 1,900,000 at average price of  $64.40 with total value of : $122,360,000.00
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Ceridian HCM

  • 6/11/2020 – Ceridian HCM had its price target raised by analysts at Cowen Inc from $69.00 to $85.00. They now have an “outperform” rating on the stock. ()
  • 5/29/2020 – Ceridian HCM was upgraded by analysts at TheStreet from a “d+” rating to a “c-” rating. ()
  • 5/21/2020 – Ceridian HCM is now covered by analysts at Piper Sandler. They set a “neutral” rating and a $69.00 price target on the stock. ()
  • 5/12/2020 – Ceridian HCM had its price target raised by analysts at Citigroup Inc from $64.00 to $77.00. They now have a “buy” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by Goldman Sachs Group Inc: 

  • 6/29/2020 – Bill.com is now covered by analysts at Goldman Sachs Group Inc. They set a “buy” rating and a $34.00 price target on the stock. ()
  • 6/29/2020 – Zuora had its price target raised by analysts at Goldman Sachs Group Inc from $10.00 to $11.00. ()
  • 6/29/2020 – Zendesk had its price target raised by analysts at Goldman Sachs Group Inc from $96.00 to $113.00. ()
  • 6/29/2020 – Workiva had its price target raised by analysts at Goldman Sachs Group Inc from $41.00 to $52.00. ()
  • See More Analyst Rating at: RATING

Ceridian HCM (NYSE:CDAY) Moving Average Technical Analysis

5 day Moving Average is $79.37 And 5 day price change is -0.58 (-0.74%)  with average volume for 5 day average is 1,664,093. While technical analysis for average 20 days shows significant difference, 20 day moving average is  77.26 and 20 day price change is 6.34 (0.0883) and average 20 day moving volume is 1,821,303. 50 day moving average is 67.56  and 50 day price change is 24.57 ( 0.4586)  and with average volume for 50 days is : 1,451,079. 200 day moving average is 61.09  and 200 day price change is 25.78 (0.4923)  and with average volume for 200 days is : 1,409,091.

See More Analyst Rating at: RATING