Paycor HCM (PYCR) Stock Price, News & Analysis

Company Overview

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. The company's SaaS based people management products include Cor HCM, a complete suite of HCM tools spanning HR, onboarding, payroll, compensation management, employee surveys, expenses, and reporting and analytics; Workforce Management, a solution with flexible time entry, overtime calculations, and scheduling capabilities with real-time payroll synchronization; Benefits Administration, a decision support solution to help leaders to streamline and optimize company's benefits administration; and Talent Management, an integrated compensation and performance management solution. It serves manufacturing, healthcare, restaurant, retail, professional services, nonprofit, and education industries through its direct sales teams. Paycor HCM, Inc. was founded in 1990 and is headquartered in Cincinnati, Ohio.

Key Stats

• Today's Range: $16.41 to $16.96
• 50-Day Range: $13.11 to $17.51
• 52-Week Range: $10.92 to $22.65
• Volume: 334,763 shs
• Average Volume: 938,392 shs
• Market Capitalization: $3.05 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $19.06
• Consensus Rating: Hold

Paycor HCM Stock Analysis - MarketRank™

Paycor HCM scored higher than 59% of companies evaluated by MarketBeat, and ranked 354th out of 650 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.2 / 5
• Analyst Rating: Hold

Consensus Rating

Paycor HCM has received a consensus rating of Hold. The company's average rating score is 2.44, and is based on 7 buy ratings, 9 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Paycor HCM has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 27.59%

Earnings Growth

Earnings for Paycor HCM are expected to grow by 27.59% in the coming year, from $0.29 to $0.37 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Paycor HCM is -64.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Paycor HCM is -64.08, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Paycor HCM has a PEG Ratio of 3.96. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Paycor HCM has a P/B Ratio of 2.30. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

8.96% of the float of Paycor HCM has been sold short.

Short Interest Ratio / Days to Cover

Paycor HCM has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Paycor HCM has recently decreased by 8.41%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Paycor HCM does not currently pay a dividend.

Dividend Growth

Paycor HCM does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.96% of the float of Paycor HCM has been sold short.

Short Interest Ratio / Days to Cover

Paycor HCM has a short interest ratio ("days to cover") of 8.1.

Change versus previous month

Short interest in Paycor HCM has recently decreased by 8.41%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 1.11

News Sentiment

Paycor HCM has a news sentiment score of 1.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.60 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Paycor HCM this week, compared to 4 articles on an average week.

MarketBeat Follows

Only 2 people have added Paycor HCM to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Paycor HCM insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $72,509.00 in company stock.

Percentage Held by Insiders

Only 1.39% of the stock of Paycor HCM is held by insiders.

Percentage Held by Institutions

Only 36.76% of the stock of Paycor HCM is held by institutions.

PYCR Stock Analysis - Frequently Asked Questions

How have PYCR shares performed this year?

Paycor HCM's stock was trading at $21.59 at the start of the year. Since then, PYCR stock has decreased by 22.8% and is now trading at $16.66.
View the best growth stocks for 2024 here.

How were Paycor HCM's earnings last quarter?

Paycor HCM, Inc. (NASDAQ:PYCR) posted its quarterly earnings results on Wednesday, August, 14th. The company reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. Paycor HCM's revenue for the quarter was up 17.7% compared to the same quarter last year.

When did Paycor HCM IPO?

Paycor HCM (PYCR) raised $361 million in an initial public offering on Wednesday, July 21st 2021. The company issued 18,500,000 shares at $18.00-$21.00 per share.

Who are Paycor HCM's major shareholders?

Paycor HCM's top institutional investors include Conestoga Capital Advisors LLC (3.13%), Geode Capital Management LLC (0.75%), Rockefeller Capital Management L.P. (0.65%) and State Street Corp (0.62%). Insiders that own company stock include Aggregator Lp Pride, Adam Brooks Ante, Scott David Miller, Alice L Geene, Ryan Norman Bergstrom, Jeremy Rishel, Jonathan Corr, Pride Gp, Inc and Raul Jr Villar.
View institutional ownership trends.

How do I buy shares of Paycor HCM?

Shares of PYCR stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Paycor HCM own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Paycor HCM investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), Voyager Therapeutics (VYGR), AUO (AUOTY) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/21/2024
• Next Earnings (Estimated): 2/05/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:PYCR
• CUSIP: N/A
• CIK: 1839439
• Web: www.paycor.com
• Phone: 800-381-0053
• Fax: N/A
• Employees: 2,900
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $19.06
• High Stock Price Target: $30.00
• Low Stock Price Target: $15.00
• Potential Upside/Downside: +16.2%
• Consensus Rating: Hold
• Rating Score (0-4): 2.44
• Research Coverage: 16 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.26)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 56.55
• P/E Growth: 4.02
• Net Income: $-58,940,000.00
• Net Margins: -6.72%
• Pretax Margin: -7.33%
• Return on Equity: 3.41%
• Return on Assets: 1.63%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.15
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $678.84 million
• Price / Sales: 4.34
• Cash Flow: $1.36 per share
• Price / Cash Flow: 12.02
• Book Value: $7.22 per share
• Price / Book: 2.27

Miscellaneous

• Outstanding Shares: 179,659,000
• Free Float: 177,162,000
• Market Cap: $2.95 billion
• Optionable: Optionable
• Beta: 0.42