Dayforce Inc Price & Performance (DAY)

Dayforce Inc. has initiated a restructuring plan that includes cutting 5% of its workforce, aiming to save $65 million in 2025 and $80 million annually thereafter. While the move is geared toward improving profitability, the company also plans to reinvest savings into growth initiatives, signaling a focus on long-term operational efficiency.12

Dayforce has received a "Moderate Buy" consensus from analysts, with price targets ranging from $72 to $92. Despite recent stock underperformance, analysts highlight the company's growth potential and robust financial outlook, including projections of improved free cash flow margins and long-term profitability.34

William McDonald, Dayforce's EVP, sold $111,044 worth of shares recently, coinciding with an upgraded rating by TD Cowen from Hold to Buy. Analysts see the current stock valuation as an attractive entry point, citing potential for exceeding free cash flow expectations and improved financial health.56