Paycor HCM (PYCR) Scheduled to Post Quarterly Earnings on Wednesday

Paycor HCM (NASDAQ:PYCR - Get Free Report) is scheduled to be announcing its earnings results after the market closes on Wednesday, November 6th. Analysts expect the company to announce earnings of $0.08 per share for the quarter. Paycor HCM has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Investors that are interested in registering for the company's conference call can do so using this link.

Paycor HCM (NASDAQ:PYCR - Get Free Report) last released its earnings results on Wednesday, August 14th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. The firm had revenue of $164.80 million during the quarter, compared to analysts' expectations of $161.14 million. Paycor HCM had a negative net margin of 9.00% and a positive return on equity of 2.98%. Paycor HCM's revenue for the quarter was up 17.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) EPS. On average, analysts expect Paycor HCM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paycor HCM Price Performance

PYCR stock traded up $0.25 during midday trading on Wednesday, hitting $15.07. The stock had a trading volume of 602,744 shares, compared to its average volume of 928,112. The firm has a market cap of $2.69 billion, a PE ratio of -44.41, a price-to-earnings-growth ratio of 4.45 and a beta of 0.44. Paycor HCM has a 12-month low of $10.92 and a 12-month high of $22.65. The company's 50-day moving average price is $14.00 and its 200 day moving average price is $13.77.

Insider Transactions at Paycor HCM

In other news, Director Jeremy Rishel sold 3,723 shares of the business's stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of $14.02, for a total value of $52,196.46. Following the completion of the sale, the director now owns 21,218 shares of the company's stock, valued at approximately $297,476.36. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 1.39% of the company's stock.

Analyst Ratings Changes

Several analysts have recently issued reports on PYCR shares. Jefferies Financial Group boosted their price objective on shares of Paycor HCM from $13.00 to $15.00 and gave the company a "hold" rating in a research note on Tuesday, October 22nd. Truist Financial lowered their price objective on shares of Paycor HCM from $33.00 to $20.00 and set a "buy" rating for the company in a research note on Tuesday, August 13th. Needham & Company LLC lowered their price objective on shares of Paycor HCM from $42.00 to $20.00 and set a "buy" rating for the company in a research note on Thursday, August 15th. Stephens started coverage on shares of Paycor HCM in a report on Wednesday, October 16th. They set an "overweight" rating and a $18.00 target price on the stock. Finally, Stifel Nicolaus reduced their target price on shares of Paycor HCM from $22.00 to $19.00 and set a "buy" rating on the stock in a report on Thursday, August 15th. Eight research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, Paycor HCM currently has a consensus rating of "Moderate Buy" and a consensus price target of $19.56.

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.