Potential Opportunity To Buy or Exit? – SEI Investments Co. (SEIC), Ceridian HCM Holding Inc. (CDAY)

SEI Investments Co. (NASDAQ:SEIC) is simply too cheap to pass with a price-to-sales ratio of 6.82. The competitors from Asset Management hold an average P/S ratio of 7.62, which offer premium compared with the sector’s 6.11. In the past 13-year record, this ratio went down as low as 1.63 and as high as 8.22. Also, it is down from 0.62 of the total 773 rivals across the globe.

SEIC traded at an unexpectedly low level on 12/06/2018 when the stock experienced a 0.02% gain to a closing price of $51.32. The company saw 1.04 million shares trade hands over the course of the day. Given that its average daily volume over the 30 days has been 725.06 million shares a day, this signifies a pretty significant change over the norm.

SEI Investments Co. (SEIC) Analyst Gushes

Analysts are speculating a 57.83% move, based on the high target price ($81) for the shares that is set to reach in the next 12 months. The analysts, on average, are forecasting a $70.2 price target, but the stock is already up 0.9% from its recent lows. However, the stock is trading at -34.5% versus recent highs ($78.35). Analysts believe that we could see stock price minimum in the $59 range (lowest target price), allowing for another 14.96% jump from its current position. Leading up to this report, we have seen a -4.84% fall in the stock price over the last 30 days and a -17.19% decline over the past 3 months. Overall, the share price is down -28.58% so far this year. Additionally, SEIC had a day price range of $49.57 to $51.42.

SEI Investments Co. (SEIC) Price Potential

Heading into the stock price potential, SEI Investments Co. needs to grow just 32.5% to cross its median price target of $68. In order to determine directional movement, the 50-day and 200-day moving averages for SEI Investments Co. (NASDAQ:SEIC) are $53.71 and $60.27. Given that liquidity is king in short-term, SEIC is a stock with 154.9 million shares outstanding that normally trades 1.03% of its float. The stock price recently experienced a 5-day loss of -4.89% with 1.67 average true range (ATR). SEIC has a beta of 1.21 and RSI is 36.15.

Investors also need to beware of the Ceridian HCM Holding Inc. (NYSE:CDAY) valuations. The stock trades on a P/S of 0, which suggests that the shares are attractive compared with peers. The broad Application Software industry has an average P/S ratio of 99.94, which is significantly worse than the sector’s 12.86. In the past 3-year record, this ratio went down as low as 3.6 and as high as 5.28. Also, it is down from 0.75 of the total 1840 rivals across the globe.

Ceridian HCM Holding Inc. (CDAY)’s Lead Over its Technicals

Ceridian HCM Holding Inc. by far traveled 33.58% versus a 1-year low price of $28.65. The share price was last seen 1.51% higher, reaching at $38.27 on Dec. 06, 2018. At recent session, the prices were hovering between $36.21 and $38.362. This company shares are 3.06% off its target price of $39.44 and the current market capitalization stands at $5.27B. The recent change has given its price a -0.25% deficit over SMA 50 and -14.92% deficit over its 52-week high. The stock witnessed 0.63% gains, 2.03% gains and 3.13% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found CDAY’s volatility during a week at 5.17% and during a month it has been found around 5.12%.

Ceridian HCM Holding Inc. (NYSE:CDAY) Intraday Metrics

Ceridian HCM Holding Inc. (CDAY) exchanged hands at an unexpectedly low level of 0.63 million shares over the course of the day. Noting its average daily volume at 861.35 million shares each day over the month, this signifies a pretty significant change over the norm.

Ceridian HCM Holding Inc. Target Levels

The market experts are predicting a 17.59% rally, based on the high target price ($45) for Ceridian HCM Holding Inc. shares that is likely to be hit in the 52 weeks. Analysts anticipate that traders could see stock price minimum in the $35 range (lowest target price). If faced, it would be a -8.54% drop from its current position. Overall, the share price is up 22.62% year to date.