Shares of Paycor HCM, Inc. (NASDAQ:PYCR – Get Free Report) have been assigned a consensus rating of “Hold” from the twelve ratings firms that are currently covering the firm, MarketBeat.com reports. Eight analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $27.35.
A number of equities research analysts have recently weighed in on PYCR shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $22.00 price objective (down from $27.00) on shares of Paycor HCM in a research note on Friday, January 5th. Needham & Company LLC reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Paycor HCM in a research note on Monday, March 18th. Finally, BTIG Research started coverage on Paycor HCM in a research note on Tuesday, February 6th. They issued a “buy” rating and a $26.00 price objective for the company.
Check Out Our Latest Report on Paycor HCM
Insiders Place Their Bets
Institutional Investors Weigh In On Paycor HCM
Several institutional investors have recently modified their holdings of the company. Deutsche Bank AG purchased a new stake in Paycor HCM in the 1st quarter valued at approximately $36,000. Advisors Asset Management Inc. lifted its stake in shares of Paycor HCM by 109.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 1,808 shares of the company’s stock worth $41,000 after purchasing an additional 945 shares during the period. State of Wyoming lifted its stake in shares of Paycor HCM by 67.3% during the 2nd quarter. State of Wyoming now owns 2,046 shares of the company’s stock worth $48,000 after purchasing an additional 823 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Paycor HCM by 210.4% during the 2nd quarter. Tower Research Capital LLC TRC now owns 2,083 shares of the company’s stock worth $49,000 after purchasing an additional 1,412 shares during the period. Finally, MetLife Investment Management LLC lifted its stake in shares of Paycor HCM by 70.7% during the 2nd quarter. MetLife Investment Management LLC now owns 2,147 shares of the company’s stock worth $51,000 after purchasing an additional 889 shares during the period. Hedge funds and other institutional investors own 36.76% of the company’s stock.
Paycor HCM Stock Down 2.1 %
PYCR stock opened at $17.06 on Wednesday. The business has a fifty day moving average of $19.59 and a two-hundred day moving average of $20.62. The stock has a market cap of $3.04 billion, a price-to-earnings ratio of -35.54, a price-to-earnings-growth ratio of 5.96 and a beta of 0.50. Paycor HCM has a 52-week low of $17.05 and a 52-week high of $27.50.
Paycor HCM (NASDAQ:PYCR – Get Free Report) last posted its earnings results on Wednesday, February 7th. The company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.01). The business had revenue of $159.54 million for the quarter, compared to analyst estimates of $155.49 million. Paycor HCM had a positive return on equity of 1.28% and a negative net margin of 13.82%. As a group, sell-side analysts anticipate that Paycor HCM will post 0.15 EPS for the current year.
About Paycor HCM
Paycor HCM, Inc, together with its subsidiaries, provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States. It offers cloud-native platform to address the comprehensive people management needs of SMB leaders.
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