DAY vs. MNDY, CDAY, INFA, GWRE, GTLB, PCTY, APPF, U, CYBR, and PAYC
Should you be buying Dayforce stock or one of its competitors? The main competitors of Dayforce include monday.com (MNDY), Ceridian HCM (CDAY), Informatica (INFA), Guidewire Software (GWRE), GitLab (GTLB), Paylocity (PCTY), AppFolio (APPF), Unity Software (U), CyberArk Software (CYBR), and Paycom Software (PAYC). These companies are all part of the "prepackaged software" industry.
Dayforce (NYSE:DAY) and monday.com (NASDAQ:MNDY) are both mid-cap computer and technology companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, community ranking, risk, analyst recommendations, media sentiment, dividends, profitability, valuation and earnings.
Dayforce has a net margin of 3.30% compared to monday.com's net margin of -0.26%. Dayforce's return on equity of 5.38% beat monday.com's return on equity.
Dayforce has a beta of 1.3, suggesting that its share price is 30% more volatile than the S&P 500. Comparatively, monday.com has a beta of 1.24, suggesting that its share price is 24% more volatile than the S&P 500.
73.7% of monday.com shares are owned by institutional investors. 4.9% of Dayforce shares are owned by company insiders. Comparatively, 22.3% of monday.com shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
In the previous week, Dayforce had 12 more articles in the media than monday.com. MarketBeat recorded 17 mentions for Dayforce and 5 mentions for monday.com. monday.com's average media sentiment score of 0.82 beat Dayforce's score of 0.28 indicating that monday.com is being referred to more favorably in the news media.
Dayforce presently has a consensus target price of $73.40, suggesting a potential upside of 24.09%. monday.com has a consensus target price of $240.00, suggesting a potential upside of 32.60%. Given monday.com's stronger consensus rating and higher probable upside, analysts clearly believe monday.com is more favorable than Dayforce.
Dayforce has higher revenue and earnings than monday.com. monday.com is trading at a lower price-to-earnings ratio than Dayforce, indicating that it is currently the more affordable of the two stocks.
monday.com received 74 more outperform votes than Dayforce when rated by MarketBeat users. Likewise, 59.85% of users gave monday.com an outperform vote while only 55.56% of users gave Dayforce an outperform vote.
Summary
Dayforce and monday.com tied by winning 9 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DAY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip ChartThis chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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