Dayforce, Inc. is a global human capital management (HCM) software company. Co.'s Dayforce, which is a flagship cloud HCM platform, provides a full suite of HCM functionality, including global human resources (HR), payroll and tax, workforce management, benefits, and talent intelligence functionality. Co. also sells Powerpay, a cloud HR and payroll solution for the Canadian small business market, through both direct sales and established partner channels. Dayforce Human Resources provides HR professionals, managers, and employees a single, complete record of all of their HR information. We show 6 historical shares outstanding datapoints in our DAY shares outstanding history coverage, used to compute DAY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DAY market cap history over the course of time is important for investors
interested in comparing DAY'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 DAY versus a peer is one thing; comparing
DAY 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 DAY can fluctuate over the course of history.
With this page we aim to empower investors researching DAY by allowing them to research the DAY market cap history. |
Free DAY Email Alerts:
Video: The Importance of Market Cap
