Dayforce (DAY) Competitors

$59.15
+0.19 (+0.32%)
(As of 05/9/2024 ET)

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 vs.

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.

Company Net Margins Return on Equity Return on Assets
Dayforce3.30% 5.38% 1.36%
monday.com -0.26%-0.43%-0.27%

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.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Dayforce
4 Very Positive mention(s)
3 Positive mention(s)
1 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
monday.com
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Dayforce
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67
monday.com
0 Sell rating(s)
3 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.80

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.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Dayforce$1.51B6.17$54.80M$0.33179.25
monday.com$729.70M11.98-$1.88M-$0.07-2,585.34

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.

CompanyUnderperformOutperform
DayforceOutperform Votes
5
55.56%
Underperform Votes
4
44.44%
monday.comOutperform Votes
79
59.85%
Underperform Votes
53
40.15%

Summary

Dayforce and monday.com tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

This 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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DAY vs. The Competition

MetricDayforcePrepackaged software IndustryComputer SectorNYSE Exchange
Market Cap$9.34B$21.34B$20.17B$17.78B
Dividend YieldN/A2.05%2.77%3.51%
P/E Ratio179.2590.45243.7625.14
Price / Sales6.179.36527.9711.03
Price / Cash37.5467.6428.6915.59
Price / Book3.869.486.855.09
Net Income$54.80M$369.45M$634.37M$968.04M
7 Day Performance2.46%0.49%1.42%2.59%
1 Month Performance-7.72%-3.22%-0.76%-0.55%
1 Year PerformanceN/A18.43%30.68%103.03%

Dayforce Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MNDY
monday.com
3.5636 of 5 stars
$185.48
-0.8%
$240.00
+29.4%
+42.1%$8.95B$729.70M-2,649.341,168Upcoming Earnings
CDAY
Ceridian HCM
3.0026 of 5 stars
$57.29
-0.8%
$76.80
+34.1%
+2.0%$8.94B$1.45B1,910.308,526Positive News
INFA
Informatica
3.6384 of 5 stars
$29.84
-1.6%
$35.45
+18.8%
+103.7%$8.81B$1.60B-1,492.005,000
GWRE
Guidewire Software
2.0987 of 5 stars
$113.32
+0.0%
$115.11
+1.6%
+49.0%$9.33B$905.34M-182.773,415
GTLB
GitLab
3.9995 of 5 stars
$54.54
+0.2%
$70.73
+29.7%
+70.2%$8.65B$579.91M-19.832,130Positive News
PCTY
Paylocity
4.7533 of 5 stars
$167.63
+12.1%
$201.88
+20.4%
-3.4%$9.44B$1.17B48.736,100Positive News
High Trading Volume
APPF
AppFolio
2.8933 of 5 stars
$239.11
+1.3%
$241.00
+0.8%
+74.8%$8.58B$620.45M115.511,504Positive News
U
Unity Software
3.7231 of 5 stars
$24.74
+2.4%
$37.03
+49.7%
-14.6%$9.55B$2.19B-11.456,748Gap Up
CYBR
CyberArk Software
2.7549 of 5 stars
$227.32
-2.7%
$265.63
+16.9%
+71.4%$9.61B$751.89M-355.193,018Gap Down
PAYC
Paycom Software
4.9523 of 5 stars
$171.29
+2.7%
$247.25
+44.3%
-35.4%$9.86B$1.69B20.867,308Gap Down

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This page (NYSE:DAY) was last updated on 5/10/2024 by MarketBeat.com Staff

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