{"id":4170,"date":"2018-04-20T08:18:39","date_gmt":"2018-04-20T12:18:39","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4170"},"modified":"2018-04-20T09:42:25","modified_gmt":"2018-04-20T13:42:25","slug":"ceridian-hcm-holding-inc-ipo-preview-cday","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/ceridian-hcm-holding-inc-ipo-preview-cday\/","title":{"rendered":"Ceridian HCM Holding Inc. #IPO Preview ($CDAY)"},"content":{"rendered":"

\"CDAY\"<\/a><\/p>\n

Company: Ceridian HCM Holding Inc.<\/strong>
\nSymbol: CDAY
\nDescription: Ceridian is a global human capital management software company.
\nShares: 21 million
\nPrice Range: $19.000-$21.00
\nTrade Date: 4\/26
\nUnderwriter(s): Goldman Sachs & Co, J.P. Morgan, Credit Suisse, Deutsche Bank Securities, Barclays, Citigroup, Jefferies, CIBC Capital Markets, Wells Fargo Securities
\nCo-Manager: Baird, Canaccord Genuity, Piper Jaffray, William Blair, MUFG
\nTerms Added: 4-12-18<\/p>\n

Link to S-1\/A Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0Dayforce, their flagship cloud HCM platform, provides human resources (\u201cHR\u201d), payroll, benefits, workforce management, and talent management functionality. Their platform is used by organizations, regardless of industry or size, to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing their people. Dayforce was built as a single application from the ground up that combines a modern, consumer-grade user experience with proprietary application architecture, including a single employee record and a rules engine spanning all areas of HCM. Their platform is designed to make work life better for their customers and their employees by improving HCM decision-making processes, streamlining workflows, exposing strategic organizational insights, and simplifying legislative compliance. The platform is designed to ease administrative work for both employees and managers, creating opportunities for companies to increase employee engagement.<\/p>\n

Financials:\u00a0<\/strong>Their total revenue increased from $693.9\u00a0million in 2015 to $704.2\u00a0million in 2016 and to $750.7\u00a0million in 2017 and their net loss decreased from $(104.7) million in 2015 to $(9.2) million in 2017. Their total Cloud revenue, which consists primarily of revenues from Dayforce and excludes revenues from their Bureau solutions, increased from $225.2\u00a0million in 2015 to $297.8\u00a0million in 2016 and to $404.3 million in 2017, representing increases of 32.2% and 35.8%, respectively. They generated HCM operating profit (loss) of $(1.1)\u00a0million in 2015 compared to $(8.6) million in 2016 and $33.0\u00a0million in 2017. They generated HCM Adjusted EBITDA of $99.7\u00a0million in 2015 compared to $88.9\u00a0million in 2016 and $117.8 million in 2017.<\/p>\n

\"CDAY.Financials\"<\/a><\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Ceridian HCM Holding Inc. Symbol: CDAY Description: Ceridian is a global human capital management software company. Shares: 21 million Price Range: $19.000-$21.00 Trade Date: 4\/26 Underwriter(s): Goldman Sachs & Co, J.P. Morgan, Credit Suisse, Deutsche Bank Securities, Barclays, Citigroup, Jefferies, CIBC Capital Markets, Wells Fargo Securities Co-Manager: Baird, Canaccord Genuity, Piper Jaffray, William Blair,[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1498],"class_list":["post-4170","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-cday"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4170","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4170"}],"version-history":[{"count":2,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4170\/revisions"}],"predecessor-version":[{"id":4177,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4170\/revisions\/4177"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4170"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4170"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4170"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}