Paycor HCM (NASDAQ:PYCR - Get Free Report) announced its earnings results on Wednesday. The company reported $0.07 earnings per share for the quarter, missing the consensus estimate of $0.11 by ($0.04), Zacks reports. Paycor HCM had a negative net margin of 3.06% and a positive return on equity of 4.29%.
Paycor HCM Stock Performance
Shares of NASDAQ PYCR traded down $0.02 during trading on Friday, hitting $22.14. The company had a trading volume of 1,420,167 shares, compared to its average volume of 2,803,932. The stock has a 50 day simple moving average of $20.68 and a 200 day simple moving average of $16.64. The firm has a market capitalization of $4.02 billion, a P/E ratio of -184.48, a price-to-earnings-growth ratio of 4.20 and a beta of 0.53. Paycor HCM has a 12 month low of $10.92 and a 12 month high of $23.49.
Wall Street Analysts Forecast Growth
A number of research firms have recently weighed in on PYCR. Citigroup raised their price target on shares of Paycor HCM from $21.00 to $22.50 and gave the stock a "neutral" rating in a research report on Thursday, January 16th. BMO Capital Markets reiterated a "market perform" rating and issued a $22.50 target price (down previously from $24.00) on shares of Paycor HCM in a research report on Wednesday, January 8th. Citizens Jmp downgraded shares of Paycor HCM from a "strong-buy" rating to a "hold" rating in a research note on Thursday, January 9th. Stifel Nicolaus boosted their price target on shares of Paycor HCM from $22.00 to $25.00 and gave the company a "buy" rating in a research report on Wednesday, December 18th. Finally, Robert W. Baird reaffirmed a "neutral" rating and issued a $22.50 price objective (down from $28.00) on shares of Paycor HCM in a research note on Friday. One investment analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, Paycor HCM presently has a consensus rating of "Hold" and an average target price of $21.53.
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Paycor HCM Company Profile
(
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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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