Investors Should Take Note Of Paycor HCM Inc (PYCR)

Paycor HCM Inc (PYCR) concluded trading on Wednesday at a closing price of $22.07, with 7.13 million shares of worth about $157.4 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 68.73% during that period and on January 15, 2025 the price saw a loss of about -0.09%. Currently the company’s common shares owned by public are about 178.82M shares, out of which, 81.03M shares are available for trading.

Stock saw a price change of -0.45% in past 5 days and over the past one month there was a price change of 8.99%. Year-to-date (YTD), PYCR shares are showing a performance of 18.85% which increased to 10.96% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $10.92 but also hit the highest price of $23.49 during that period. The average intraday trading volume for Paycor HCM Inc shares is 1.80 million. The stock is currently trading 8.93% above its 20-day simple moving average (SMA20), while that difference is up 17.65% for SMA50 and it goes to 44.51% higher than SMA200.

Paycor HCM Inc (NASDAQ: PYCR) currently have 178.82M outstanding shares and institutions hold larger chunk of about 43.40% of that.

The stock has a current market capitalization of $3.98B and its 3Y-monthly beta is at 0.47. It has posted earnings per share of -$0.26 in the same period. It has Quick Ratio of 1.08 while making debt-to-equity ratio of 0.01. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PYCR, volatility over the week remained 0.37% while standing at 2.30% over the month.

Stock’s fiscal year EPS is expected to rise by 12.61% while it is estimated to increase by 14.22% in next year. EPS is likely to grow at an annualized rate of 18.04% for next 5-years, compared to annual growth of 11.00% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BMO Capital Markets on December 12, 2024 offering an Outperform rating for the stock and assigned a target price range of between $19 and $24 to it. Coverage by TD Cowen stated Paycor HCM Inc (PYCR) stock as a Buy in their note to investors on December 02, 2024, suggesting a price target of $22 for the stock. On November 07, 2024, BMO Capital Markets Reiterated their recommendations, while on October 16, 2024, Stephens Initiated their ratings for the stock with a price target of $18. Stock get a Buy rating from Needham on August 15, 2024.

Most Popular

Related Posts