CERIDIAN HCM HOLDING (CDAY) Stocks
ABOUT CERIDIAN HCM HOLDING
Ceridian HCM Holding Inc. is an American global human capital management (HCM) software company and provider of human resources software and services.
The company was incorporated in 2013 and is headquartered in Minneapolis, Minnesota. It is a descendant of Control Data Corporation (CDC) that was founded in 1992 as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957.
Ceridian HCM Holding Inc. operates as a holding company.
Through its subsidiaries, it provides recruiting, staff monitoring, payroll processing, employee engagement, and human capital management technology services to customers worldwide.
This platform helps organizations of all sizes manage their entire employee lifecycle, from recruiting and onboarding, to paying people and developing their careers.
OVERVIEW OF CERIDIAN HCM HOLDING
- Ceridian HCM Holding Inc. has more than 4 400 full time employees that render their services in the USA, Canada, Europe, Australia and Mauritius.
- The company offers products and brands like Dayforce, a cloud HCM platform that provides human resources (HR), payroll, benefits, workforce management, and talent management functionality; and Powerpay, a cloud platform, which offers scalable and straightforward payroll and HR solutions.
- It also provides Bureau solutions for payroll and payroll-related services.
VISION & VALUES OF CERIDIAN HCM HOLDING
Ceridian HCM Holding Inc.’s brand promise is “Makes Work Life Better” and it delivers on that promise by acting according to company values which are customer focus, transparency, diligence, optimism, and agility.
These values serve as a roadmap for how they plan to achieve their goals as an organisation.
They care about customers and listen to them with empathy while focusing on delivering employee engagement, satisfaction and productivity. They act open in the way we communicate, interact and work, with integrity and accountability as drive behind behaviour.
Ceridian HCM Holding Inc. adheres to its value chain to ensure the organisation reaches its goals set to meet the current and future needs of customers and maximises returns, income growth and capital appreciation for shareholders who purchase shares with them.
MARKET PERFORMANCE OF CERIDIAN HCM HOLDING
Ceridian HCM Holding Inc.’s shares are traded on the Toronto Stock Exchange (TSX) under the stock symbol CDAY listed in the Software and IT, Technology sector.
Highlights of the company’s performance in 2019 include revenue of US Dollar 202.3 million, up 13.6% year-over-year, and US Dollar 203.4 million, up 14.0% year-over-year. Dayforce recurring revenue was US Dollar 109.4 million, up 32.6% year-over-year, and US Dollar 109.6 million, up 33.0% year-over-year. Cloud revenue was US Dollar 165.5 million, up 25.7% year-over-year, and US Dollar 166.4 million, up 26.2% year-over-year.
Operating profit was US Dollar 6.5 million, compared to third quarter 2018 operating profit of US Dollar 16.2 million. Adjusted EBITDA was US Dollar 46.4 million, up 27.5% year-over-year.
Due to Ceridian HCM Holding Inc.’s continued performance on this market shareholders can buy or sell shares with confidence and expect sound dividends and returns in 2019 and further.
Buy CERIDIAN HCM HOLDING stocks / shares – A Step by Step Guide how to Buy / Purchase CERIDIAN HCM HOLDING Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CERIDIAN HCM HOLDING Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CERIDIAN HCM HOLDING STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CERIDIAN HCM HOLDING STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CERIDIAN HCM HOLDING stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CERIDIAN HCM HOLDING stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?