Company profile

Ticker
CDAY
Exchange
CEO
David D. Ossip
Employees
Incorporated
Location
Fiscal year end
SEC CIK

CDAY stock data

(
)

Calendar

5 Nov 20
2 Dec 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
18 Nov 20 David D Ossip Common Stock Sell Dispose S No 94.9 506,991 48.11M 559,873
18 Nov 20 David D Ossip Common Stock Option exercise Aquire M No 17.88 6,991 125K 1,066,864
18 Nov 20 David D Ossip Common Stock Option exercise Aquire M No 17.2 500,000 8.6M 1,059,873
18 Nov 20 David D Ossip Option Common Stock Option exercise Dispose M No 17.88 6,991 125K 0
18 Nov 20 David D Ossip Option Common Stock Option exercise Dispose M No 17.2 500,000 8.6M 750,000
9 Nov 20 Noemie Clemence Heuland Common Stock Grant Aquire A No 0 33,945 0 33,945
9 Nov 20 Leagh Erin Turner Common Stock Sell Dispose S Yes 97.18 400 38.87K 121,611
9 Nov 20 Leagh Erin Turner Common Stock Sell Dispose S Yes 96.34 2,045 197.02K 122,011
9 Nov 20 Leagh Erin Turner Common Stock Sell Dispose S Yes 95.18 1,229 116.98K 124,056
9 Nov 20 Leagh Erin Turner Common Stock Sell Dispose S Yes 94.04 1,326 124.7K 125,285
13F holders
Current Prev Q Change
Total holders 235 224 +4.9%
Opened positions 43 47 -8.5%
Closed positions 32 26 +23.1%
Increased positions 117 88 +33.0%
Reduced positions 45 65 -30.8%
13F shares
Current Prev Q Change
Total value 18.21B 13.01B +40.0%
Total shares 152.67M 153.48M -0.5%
Total puts 122.1K 150.7K -19.0%
Total calls 178.5K 474K -62.3%
Total put/call ratio 0.7 0.3 +115.2%
Largest owners
Shares Value Change
TROW T. Rowe Price 20.88M $1.73B -0.2%
Capital Research Global Investors 17.98M $1.49B +1.6%
CNNE Cannae 16.14M $1.33B 0.0%
Vanguard 11.97M $989.68M +10.3%
BLK Blackrock 10.89M $899.94M +15.0%
Select Equity 8.62M $712.76M -11.1%
Capital World Investors 8.39M $693.73M +38.4%
Artisan Partners Limited Partnership 6.74M $556.92M +7.8%
JHG Janus Henderson 5.06M $418.19M +73.8%
FMR 3.26M $269.18M +94.3%
Largest transactions
Shares Bought/sold Change
Thomas H Lee Partners 0 -7.2M EXIT
Lone Pine Capital 0 -5.76M EXIT
Capital World Investors 8.39M +2.33M +38.4%
JHG Janus Henderson 5.06M +2.15M +73.8%
Viking Global Investors 2.04M +2.04M NEW
FMR 3.26M +1.58M +94.3%
BLK Blackrock 10.89M +1.42M +15.0%
Vanguard 11.97M +1.12M +10.3%
Select Equity 8.62M -1.08M -11.1%
Putnam Investments 642.1K +642.1K NEW

Financial report summary

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Risks
  • Our business has been adversely affected and will likely continue to be adversely affected by the COVID-19 pandemic.
  • Our Dayforce Wallet program presents the potential for our employer customers or employee customers to become the victim of fraud or other similar illegal behavior.
  • Our solutions and our business are subject to a variety of U.S. and international laws and regulations, including those regarding privacy, data protection, and information security. Any failure by us or our third party service providers, as well as the failure of our platform or services, to comply with applicable laws and regulations could have a material adverse effect on our business, financial condition, and results of operations.
  • For our Dayforce Wallet service, we advance earned net wages and associated tax amounts on behalf of customers in connection with the “on demand pay” payroll feature of the service in order to provide their employees access to earned wages in advance of their standard payroll cycles. A customer may fail to satisfy its obligation to repay us for those advanced monies which could have a material adverse effect on our business, financial condition, and results of operations.
  • Regulatory requirements placed on our software and services could impose increased costs on us, delay or prevent our introduction of new products and services, and impair the function or value of our existing products and services.
  • Catastrophic events may disrupt our business.
  • Customer funds and wage funds of their employees that our trustees and third-party financial institution partners hold in trust are subject to market, interest rate, credit, and liquidity risks. The loss of these funds could have a material adverse effect on our business, financial condition, and results of operations.
Management Discussion
  • Total revenue increased $83.4 million, or 11.3%, to $824.1 million for the year ended December 31, 2019, compared to $740.7 million for the year ended December 31, 2018. This increase was primarily driven by an increase in Cloud revenue of $131.2 million, or 24.8%, from $528.8 million for the year ended December 31, 2018, to $660.0 million for the year ended December 31, 2019. The Cloud revenue increase was primarily due to an increase of $102.3 million, or 24.6%, in Cloud recurring services revenue, and $28.9 million, or 25.6%, in Cloud professional services and other revenue. The increase in Cloud recurring services revenue of $102.3 million was attributable to increases of $85.4 million from new customers, add-ons, and revenue uplift from migrations of Bureau customers; $19.3 million from the migration of Bureau customers; and $13.7 million from increased float revenue allocated to Cloud recurring services revenue, partially offset by customer attrition of $16.1 million.
Content analysis ?
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Legalese
Litigous
Readability
H.S. sophomore Good
New words: personnel, revealing, RSU, voluntary
Removed: chairman, charge, Clarke, David, exposing, GILTI, low, Ossip, productivity, Ronald, wholly