Ceridian HCM Holding is a global human capital management (HCM) software company. Co.'s products and services include: Dayforce; Powerpay; and Bureau. Dayforce, Co.'s principal cloud HCM platform, is a single application that provides real-time calculations across all modules to enable, for example, payroll administrators access to real-time data through the entire pay period, and managers access to real-time data to support work schedules. Powerpay is a cloud platform that provides payroll and human resources solutions. Co.'s Bureau solutions provide payroll and payroll-related services. Co. invests in maintenance and necessary updates to support its Bureau customers. We show 23 historical shares outstanding datapoints in our CDAY shares outstanding history coverage, used to compute CDAY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CDAY market cap history over the course of time is important for investors
interested in comparing CDAY's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of CDAY versus a peer is one thing; comparing
CDAY market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like CDAY can fluctuate over the course of history.
With this page we aim to empower investors researching CDAY by allowing them to research the CDAY market cap history. |
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Video: The Importance of Market Cap
