Ceridian HCM: A Rebound Story For Growth Investors
Ceridian(CDAY) Seeking Alpha·2024-01-27 07:14
ibreakstock/iStock via Getty Images On February 1, 2024, Ceridian HCM Holding Inc. (NYSE:CDAY) will change its ticker symbol to DAY as part of its branding change. The other piece of the rebranding is a name change to Dayforce, which is also the name of its flagship human capital management software. Whatever the name and symbol, the company is a rebound story, recovering from a deep hit to its profitability. The financial impact of COVID-19 pushed down its net income and earnings per share, but the company ...