Ceridian HCM (NYSE:CDAY) Target Raised by Cowen Inc to $135.00

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Ceridian HCM stock has undergone multiple analysts rating changes in the recent past.  Ceridian HCM stock Target Raised by Cowen Inc on 10/18/2021. In a note to investors, the firm issued a new target price of $135.00. The analysts previously had $115.00 target price. Cowen Inc’s price target would indicate a potential upside of 10.28% from the stock’s previous close.

Shares of Ceridian HCM traded up $0.42 on friday, reaching $122.84. 156567 shares of the stock traded hands, compared to its average volume of 1983135. On friday, Shares of Ceridian HCM closed at $122.84. The firm’s 50 day moving average is $111.85 and its 200 day moving average is $97.65.Ceridian HCM  has a 12 month low of $78.20 and a 12 month high of $125.55. While on yearly highs and lows, Ceridian HCM today has traded high as $123.05 and has touched $121.85 on the downward trend.

Ceridian HCM Earnings and What to expect: 

Ceridian HCM last announced its quarterly earnings results on August 4th, 2021. The reported $0.06 EPS for the quarter, beating the consensus estimate of $0.03 by $0.03. The company had revenue of $250.40 million for the quarter, compared to analysts’ expectations of $238.48 million. Its revenue for the quarter was up 30.0% compared to the same quarter last year. Ceridian HCM has generated $0.14 earnings per share over the last year (($0.43) diluted earnings per share). Earnings for Ceridian HCM are expected to grow in the coming year, from ($0.29) to ($0.07) per share. Ceridian HCM has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, November 4th, 2021 based off prior year’s report dates.

Earnings for Ceridian HCM are expected to grow in the coming year, from ($0.29) to ($0.07) per share. The P/E ratio of Ceridian HCM is -284.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Ceridian HCM is -284.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Ceridian HCM has a P/B Ratio of 8.67. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Ceridian HCM (NYSE:CDAY) Moving Average Technical Analysis

5 day Moving Average is $$122.12 And 5 day price change is $5.77 (4.93%)  with average volume for 5 day average is 844,513. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $115.89 and 20 day price change is $16.60 (15.64%) and average 20 day moving volume is 985,168. 50 day moving average is $111.85  and 50 day price change is $20.25 ( 19.76%)  and with average volume for 50 days is : 1,490,817. 200 day moving average is $97.65  and 200 day price change is $16.19 (15.19%)  and with average volume for 200 days is : 1,059,821.

Other owners latest trading in Ceridian HCM :

  • On 10/18/2021 shares held by Coastal Investment Advisors Inc. were 3,614 which equates to market value of $0.41M and appx 0.10% owners of Ceridian HCM
  • On 10/15/2021 shares held by Pacer Advisors Inc. were 12,007 which equates to market value of $1.35M and appx 0.00% owners of Ceridian HCM
  • On 10/15/2021 shares held by Fifth Third Bancorp were 478 which equates to market value of $54K and appx 0.00% owners of Ceridian HCM
  • In total Institutional ownership equates to There is no enough data Institutional Ownership Percentage for Ceridian HCM

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