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Dayforce Inc (DAY) gets rating Upgrade from TD Cowen

Dayforce Inc’s recently made public that its EVP, CLO, & Secretary McDonald William Everett unloaded Company’s shares for reported $0.11 million on Mar 17 ’25. In the deal valued at $55.55 per share,1,999 shares were sold. As a result of this transaction, McDonald William Everett now holds 107,393 shares worth roughly $6.28 million.

Then, WILLIAM E MCDONALD bought 1,999 shares, generating $111,044 in total proceeds.

Before that, Holdridge Stephen H. sold 1,000 shares. Dayforce Inc shares valued at $65,100 were divested by the President, COO at a price of $65.10 per share. As a result of the transaction, Holdridge Stephen H. now holds 159,934 shares, worth roughly $9.36 million.

TD Cowen upgraded its Dayforce Inc [DAY] rating to a Buy from a a Hold in a research note published on March 07, 2025; the price target was increased to $68 from $67. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Scotiabank began covering DAY with “Sector perform” recommendation on November 19, 2024. BMO Capital Markets maintained its rating on November 13, 2024. It rated DAY as “an Outperform”.

Price Performance Review of DAY

On Friday, Dayforce Inc [NYSE:DAY] saw its stock jump 1.49% to $58.50. Over the last five days, the stock has gained 5.61%. Dayforce Inc shares have fallen nearly -19.47% since the year began. Nevertheless, the stocks have fallen -13.79% over the past one year. While a 52-week high of $82.69 was reached on 01/28/25, a 52-week low of $47.08 was recorded on 03/13/25. SMA at 50 days reached $64.44, while 200 days put it at $62.92.

Levels Of Support And Resistance For DAY Stock

The 24-hour chart illustrates a support level at 57.21, which if violated will result in even more drops to 55.92. On the upside, there is a resistance level at 59.15. A further resistance level may holdings at 59.80. The Relative Strength Index (RSI) on the 14-day chart is 45.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.11, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.57%. Stochastics %K at 70.68% indicates the stock is a holding.

How much short interest is there in Dayforce Inc?

A steep rise in short interest was recorded in Dayforce Inc stocks on 2025-02-28, dropping by -0.7 million shares to a total of 6.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.6 million shares. There was a decline of -10.13%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on November 01, 2024 when BMO Capital Markets resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $80.

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