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Dayforce Advances Trustworthy AI Through Independent Validation
Globenewswire· 2026-02-10 13:00
Dayforce earns ISO 42001 certification and NIST AI RMF attestationMINNEAPOLIS and TORONTO, Feb. 10, 2026 (GLOBE NEWSWIRE) -- Dayforce, Inc., a global human capital management (HCM) leader that makes work life better, today announced it has achieved ISO 42001 certification and attained NIST AI RMF attestation. Together, these independent validations underscore Dayforce’s disciplined enterprise-wide approach to developing, deploying, and managing AI systems in ways that promote fairness, security, and trust. ...
Thoma Bravo completes acqusition of Dayforce for $12.3B
Yahoo Finance· 2026-02-05 13:55
Core Viewpoint - Thoma Bravo has successfully completed the acquisition of Dayforce for approximately $12.3 billion, marking a significant transaction in the market [1]. Group 1: Acquisition Details - The acquisition agreement for Dayforce was initially announced on August 21 [1]. - The transaction received approval from Dayforce stockholders during a special meeting held on November 12 [1]. - Dayforce stockholders will receive $70.00 in cash for each share of common stock they owned [1]. Group 2: Market Impact - Following the completion of the acquisition, Dayforce's common stock has ceased trading [1]. - The stock will be delisted from both the New York Stock Exchange and the Toronto Stock Exchange [1].
Thoma Bravo Completes Acquisition of Dayforce
Globenewswire· 2026-02-04 13:50
As a Private Company, Dayforce to Accelerate Growth, Customer Value, and AI Leadership in HCMMINNEAPOLIS and TORONTO and SAN FRANCISCO, Feb. 04, 2026 (GLOBE NEWSWIRE) -- Thoma Bravo, the world’s largest software-focused investment firm, today announced the completion of its acquisition of Dayforce, Inc. (“Dayforce” or the “Company”), a global human capital management (HCM) leader that makes work life better, for approximately US$12.3 billion. The agreement to acquire Dayforce was previously announced on Aug ...
Fortive (FTV) vs Dayforce (DAY): Which Industrial Software Play Wins?
247Wallst· 2026-01-21 12:18
Core Insights - Both Fortive and Dayforce reported disappointing Q3 2025 earnings, revealing significant operational challenges despite some revenue growth [1][2][3] Fortive Summary - Fortive's Q3 revenue reached $1.03 billion, a modest increase of 2.3% year-over-year, but net income fell sharply from $222 million to $55 million, marking a 75% decline [2][4] - The operating margin decreased by 390 basis points to 15.5%, indicating lost pricing power in its automation and sensing businesses [2][5] - Full-year 2025 EPS is projected at $1.86, representing a 38% decline from $2.99 in 2024 [2][4] - The company operates in industrial automation and sensing, facing competitive pressure and weak demand, despite generating positive cash flow and maintaining a 0.55% dividend [5] Dayforce Summary - Dayforce reported Q3 revenue of $481.6 million, up 9.5%, but incurred a net loss of $196.8 million, significantly missing analyst expectations of a $0.21 profit [3][4] - The operating margin was negative at 25.8%, indicating that the company spends $1.26 in operating costs for every dollar of gross profit, which is unsustainable [6] - Full-year 2025 EPS is projected at -$0.04, down from $1.98 in 2024, marking a drastic shift in profitability [3][4] Analyst Sentiment - Analysts show limited optimism for both companies, with 14 of 18 analysts rating Fortive as Hold and a target price of $58.12, suggesting only a 3.4% upside [7] - Dayforce has 15 of 16 analysts at Hold, with a target price of $69.92, indicating a lack of momentum for both stocks [7] Investment Outlook - Current operational issues at Fortive and Dayforce suggest a wait-and-see approach until both companies can demonstrate improved execution and profitability [8]
Is Dayforce Stock Underperforming the Dow?
Yahoo Finance· 2025-12-18 06:12
Core Insights - Dayforce Inc. is a human capital management software company with a market cap of $11.1 billion, offering cloud-based HR solutions across the U.S., Canada, and internationally [1][2] Financial Performance - Dayforce's Q3 results showed a 9.5% year-over-year revenue increase to $481.6 million, meeting expectations, but adjusted EPS fell 21.3% year-over-year to $0.37, missing consensus estimates by 33.9% [5] - Year-to-date, DAY stock prices have declined 4.7%, and over the past 52 weeks, they have decreased by 10.6%, while the Dow has surged by 12.6% in 2025 [4] - Despite recent challenges, Dayforce's stock has outperformed its peer Workday, which saw a 16.3% decline in 2025 and a 22.3% drop over the past year [6] Stock Performance - Dayforce's stock touched a 52-week high of $77.52 on December 17, 2024, and is currently trading 10.7% below that peak, with a slight increase of 1.2% over the past three months [3] - The stock has remained above its 200-day moving average since mid-August but has traded along its flat 50-day moving average recently, indicating a consolidation phase [4] - The consensus rating among 16 analysts covering DAY stock is a "Hold," with the stock trading slightly below its mean price target of $70 [6]
A ‘tale of two retirements’ shows only the rich are saving more — while most Americans are putting away much less
Yahoo Finance· 2025-11-25 17:56
Core Insights - There is a significant disparity in retirement savings among Americans, with most struggling to save adequately for retirement, particularly those earning less than $150,000 annually [1][2][3] Group 1: Retirement Savings Trends - Since 2022, participation rates in retirement plans, total contributions, and overall savings rates have declined for individuals earning less than $150,000 [2] - Workers earning less than $50,000 experienced the most significant declines, with retirement plan participation dropping from 58% in 2022 to 52.9% in 2024, and their overall savings rate decreasing from 4.9% to 4.6% [3] Group 2: Income Disparities - Individuals earning between $150,000 and $250,000 contributed nearly 13 times more to retirement savings annually compared to those earning under $50,000 [4] - Approximately 90% of U.S. individuals aged 15 and older earned less than $150,000 in 2022, highlighting the financial challenges faced by the majority [1][3] Group 3: Economic Pressures - Rising costs of housing, healthcare, transportation, and childcare are pushing immediate needs to the forefront, causing many to deprioritize retirement savings [4] - Delaying retirement savings reduces the time available for accumulation and the benefits of compound growth, increasing the risk of outliving savings as life expectancy rises [4]
New Dayforce Report Uncovers America’s Growing Retirement Divide
Globenewswire· 2025-11-18 13:00
Core Insights - The report titled "The Retirement Divide" highlights significant disparities in retirement savings among American workers, emphasizing that those earning between $150,000 to $250,000 contribute nearly 13 times more towards retirement annually compared to those earning under $50,000 [1][2]. Summary by Categories Retirement Savings Trends - The research covers retirement savings rates, contributions from employees and employers, participation in retirement plans, and loan usage among full-time U.S. workers from 2021 to 2024 [2]. - High earners have seen increases in participation rates, total contributions, and overall savings rates since 2022, while lower-income workers have experienced declines, particularly those earning less than $50,000 [6]. Gender Disparities - The gap in retirement plan participation between men and women has widened to 3.9 percentage points, with participation rates at 79.9% for men and 76% for women since 2021 [6]. Racial and Ethnic Disparities - In 2024, 84.6% of white workers participated in retirement plans, compared to 61.1% of Latino workers and 68.2% of Black workers. Additionally, 26.4% of Black and Latino participants had active loans from their accounts, versus 14.9% of white participants [6]. Generational Insights - Gen Z workers have made notable progress in retirement savings, with participation rates increasing from 64% to 68.7%, savings rates improving from 6.6% to 7.2%, and total contributions rising by 24% since 2022 [6].
Do Wall Street Analysts Like Dayforce Stock?
Yahoo Finance· 2025-11-13 13:19
Core Viewpoint - Dayforce Inc. (DAY) has underperformed the market significantly over the past year, with a decline of 12.6% compared to the S&P 500's increase of 14.5% [2]. Company Overview - Dayforce Inc. is a human capital management (HCM) software company based in Minneapolis, Minnesota, with a market capitalization of $11 billion. The company offers cloud-based solutions that integrate various HR functions, covering the entire employee lifecycle from recruitment to payroll processing [1]. Stock Performance - DAY shares have seen a decline of 5% year-to-date in 2025, while the S&P 500 has risen by 16.5% during the same period [2]. - Compared to the Industrial Select Sector SPDR Fund (XLI), which gained about 8.8% over the past year, DAY's performance has been notably weaker [3]. Financial Results - In Q3, DAY reported an adjusted EPS of $0.37, which fell short of Wall Street expectations of $0.56. The company's revenue for the quarter was $481.6 million, aligning with Wall Street forecasts [4]. Earnings Expectations - For the current fiscal year ending in December, analysts project DAY's EPS to grow by 47.5% to $1.46 on a diluted basis. However, the company's earnings surprise history has been disappointing, missing consensus estimates in three of the last four quarters [5]. Analyst Ratings - Among the 16 analysts covering DAY stock, the consensus rating is a "Hold," consisting of two "Strong Buy" ratings, 13 "Holds," and one "Strong Sell" [5]. - The overall rating has shifted to "Moderate Buy" from two months ago, with four analysts suggesting a "Strong Buy" [6]. - On November 4, Michael Turrin from Wells Fargo maintained a "Hold" rating on DAY with a price target of $70, indicating a potential upside of 1.5% from current levels [6].
Dayforce shareholders back Thoma Bravo's $12.3 billion take-private deal
Reuters· 2025-11-12 17:47
Core Insights - Dayforce has received a strong stockholder vote in favor of a proposed $12.3 billion buyout by Thoma Bravo, indicating significant shareholder support for the acquisition [1] Company Summary - The buyout proposal involves Dayforce, a provider of HR software, which is set to be acquired for $12.3 billion [1] - This acquisition comes a month after Dayforce's largest shareholder expressed support for the buyout, highlighting a positive sentiment among major investors [1]
Dayforce Stockholders Approve Acquisition by Thoma Bravo
Globenewswire· 2025-11-12 17:06
Core Points - Dayforce's stockholders approved the acquisition by Thoma Bravo, marking a significant milestone in the transaction [2][3] - Approximately 88.4% of votes cast, representing 78.8% of the voting power, were in favor of the acquisition [2] - The acquisition will provide Dayforce with the opportunity to accelerate its business and drive innovation [2] Company Overview - Dayforce is a global leader in human capital management (HCM) technology, focused on improving work life for customers and employees [4] - The company offers a single AI-powered platform for HR, Pay, Time, Talent, and Analytics, benefiting organizations of all sizes [4] Acquisition Details - Under the merger agreement, Dayforce stockholders will receive US$70.00 per share in cash for each share owned [3] - The transaction is expected to close in late 2025 or early 2026, pending customary closing conditions [3] Thoma Bravo Overview - Thoma Bravo is a leading software-focused investor with approximately $181 billion in assets under management as of June 30, 2025 [5] - The firm has invested in around 535 companies over the past 20+ years, representing approximately $275 billion in enterprise value [5]