CERIDIAN HCM HOLDING INC (CDAY.CA) Forecast, Price Target & Analyst Ratings

TSX:CDAY • US15677J1088

92.28 CAD
+0.34 (+0.37%)
Last: Mar 20, 2024, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for CERIDIAN HCM HOLDING INC (CDAY.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$105.21
+ 14.01% Upside

Next Earnings Forecast

Earnings Estimate
Release DateFeb 8, 2022
PeriodQ4 / 2023
EPS Estimate$0.33
Revenue Estimate407.7M

ChartMill Buy Consensus

Rating
76.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$105.21
Upside
+ 14.01%
From current price of CA$92.28 to mean target of CA$105.21, Based on 24 analyst forecasts
Low
CA$84.57
Median
CA$103.32
High
CA$134.71

Price Target Revisions

1 Month
0.00%
3 Months
0.83%

Price Target Summary

24 analysts have analysed CDAY.CA and the average price target is 105.21 CAD. This implies a price increase of 14.01% is expected in the next year compared to the current price of 92.28.
The average price target has been revised upward by 0.83% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

CDAY Current Analyst RatingCDAY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

CDAY Historical Analyst RatingsCDAY Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
76.67%
CDAY.CA was analyzed by 24 analysts. The buy percentage consensus is at 77. So analysts seem to be have mildly positive about CDAY.CA.
In the previous month the buy percentage consensus was at a similar level.
CDAY.CA was analyzed by 24 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-08-05MorningstarInitiate Buy
2021-11-02Deutsche BankInitiate Buy
2021-08-05Piper SandlerMaintains Neutral
2021-06-30BarclaysDowngrade Equal-Weight -> Underweight
2021-06-15NeedhamDowngrade Buy -> Hold
2021-04-23Wolfe ResearchInitiate Outperform
2021-04-09BarclaysMaintains Equal-Weight
2021-02-16BMO CapitalUpgrade Market Perform -> Outperform
2021-02-10NeedhamMaintains Buy
2021-02-10Wells FargoMaintains Overweight
2021-02-10Credit SuisseMaintains Neutral

Next Earnings Forecast Details

Next Earnings Details

Release DateFeb 8, 2022
PeriodQ4 / 2023
EPS Estimate$0.33
Revenue Estimate407.7M
Revenue Q2Q21.30%
EPS Q2Q43.63%
Number of Analysts19

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
0.02%
EPS (1 Month)
0.00%
EPS (3 Months)
1.06%

Next Earnings Summary

CDAY.CA is expected to report earnings on 2/8/2022. The consensus EPS estimate for the next earnings is 0.33 CAD and the consensus revenue estimate is 407.70M CAD.
The next earnings revenue estimate has been revised upward by 0.02% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
CDAY.CA revenue by date.CDAY.CA revenue by date.
842.5M
2.23%
1.024B
21.57%
1.246B
21.68%
1.544B
23.90%
1.774B
14.90%
2.041B
15.05%
2.434B
19.26%
2.811B
15.49%
3.219B
14.51%
3.659B
13.67%
4.129B
12.85%
EBITDA
YoY % growth
CDAY.CA ebitda by date.CDAY.CA ebitda by date.
56.9M
-54.19%
23.1M
-59.40%
54.7M
136.80%
419.62M
667.13%
501.72M
19.57%
616.76M
22.93%
842.52M
36.60%
1.038B
23.20%
1.254B
20.81%
1.492B
18.98%
1.748B
17.16%
EBIT
YoY % growth
CDAY.CA ebit by date.CDAY.CA ebit by date.
5.1M
-92.40%
-54.4M
-1,166.67%
-34.3M
36.95%
341.29M
1,095.01%
406.8M
19.19%
510.72M
25.55%
528.36M
3.45%
610.98M
15.64%
698.7M
14.36%
792.54M
13.43%
881.28M
11.20%
Operating Margin
CDAY.CA operating margin by date.CDAY.CA operating margin by date.
0.61%-5.31%-2.75%22.10%22.93%25.02%21.71%21.74%21.71%21.66%21.34%
EPS
YoY % growth
CDAY.CA eps by date.CDAY.CA eps by date.
0.49
8.89%
0.26
-46.94%
0.77
196.15%
1.36
76.11%
1.72
26.67%
2.15
25.46%
3.68
70.88%
4.56
23.82%
5.52
21.03%
6.57
19.04%
7.69
17.08%

All data in USD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q4 / 23 Q1 / 24 Q2 / 24 Q3 / 24 Q4 / 24 Q1 / 25 Q2 / 25 Q3 / 25 Q4 / 25
EPS
Q2Q % growth
0.33
43.63%
0.45
45.59%
0.42
29.73%
0.44
17.59%
0.42
26.70%
0.54
19.01%
0.51
22.60%
0.55
25.32%
0.51
22.31%
Revenue
Q2Q % growth
407.7M
21.30%
436.86M
17.88%
429.74M
17.45%
442.5M
17.22%
461.92M
13.30%
496.41M
13.63%
489.98M
14.02%
511.36M
15.56%
526.62M
14.01%
EBITDA
Q2Q % growth
100.58M
5.65%
127.86M
99.78%
121.33M
54.56%
124.82M
8.35%
123.89M
23.18%
156.54M
22.43%
151.07M
24.51%
157.82M
26.44%
149.11M
20.36%
EBIT
Q2Q % growth
77.805M
1,154.92%
105.35M
151.43%
99.957M
201.98%
102.84M
230.68%
100.56M
29.25%
133.93M
27.13%
129.32M
29.38%
134.46M
30.75%
125.98M
25.28%

All data in USD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

CDAY.CA Yearly Revenue VS EstimatesCDAY.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 1B 2B 3B 4B
CDAY.CA Yearly EPS VS EstimatesCDAY.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 2 4 6

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
40.92%
EPS Next 5 Year
42.72%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
17.44%
Revenue Next 5 Year
17.41%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
51.44%
EBIT Next 5 Year
42.35%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

CERIDIAN HCM HOLDING INC / CDAY.CA Forecast FAQ

What do analysts expect the price target to be for CERIDIAN HCM HOLDING INC (CDAY.CA)?

24 analysts have analysed CDAY.CA and the average price target is 105.21 CAD. This implies a price increase of 14.01% is expected in the next year compared to the current price of 92.28.


What is the next earnings date for CDAY stock?

CERIDIAN HCM HOLDING INC (CDAY.CA) will report earnings on 2022-02-08.


What are the consensus estimates for CDAY stock next earnings?

The consensus EPS estimate for the next earnings of CERIDIAN HCM HOLDING INC (CDAY.CA) is 0.33 CAD and the consensus revenue estimate is 407.70M CAD.


What is the consensus rating for CDAY stock?

The consensus rating for CERIDIAN HCM HOLDING INC (CDAY.CA) is 76.6667 / 100 . This indicates that analysts generally have a positive outlook on the stock.