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PYCR Stock Forecast: All the More Reason to Consider Paycor HCM Inc (PYCR) Now

Paycor HCM Inc (NASDAQ: PYCR) is 20.25% higher on its value in year-to-date trading and has touched a low of $10.92 and a high of $23.49 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PYCR stock was last observed hovering at around $22.34 in the last trading session, with the day’s loss setting it -0.01%.

Currently trading at $22.33, the stock is 0.36% and 2.45% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.48 million and changing -0.04% at the moment leaves the stock 37.29% off its SMA200. PYCR registered 10.05% gain for a year compared to 6-month gain of 62.05%.

The stock witnessed a 0.86% loss in the last 1 month and extending the period to 3 months gives it a 16.30%, and is -0.09% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.13% over the week and 0.19% over the month.

Paycor HCM Inc (PYCR) has around 2900 employees, a market worth around $4.06B and $699.73M in sales. Fwd P/E is 34.22. Profit margin for the company is -3.06%. Distance from 52-week low is 104.49% and -4.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-1.62%).

with sales reaching $205.79M over the same period.The EPS is expected to grow by 15.05% this year, but quarterly earnings will post 12.94% year-over-year. Quarterly sales are estimated to grow 10.04% in year-over-year returns.

Paycor HCM Inc (PYCR) Top Institutional Holders

The shares outstanding are 181.25M, and float is at 82.04M with Short Float at 2.82%.

The top institutional shareholder in the company is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with over 7.73 million shares valued at $98.17 million. The investor’s holdings represent 4.3509% of the PYCR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 7.07 million shares valued at $89.82 million to account for 3.9741 of the shares outstanding. The other top investors are CONESTOGA CAPITAL ADVISORS, LLC which holds 6.84 million shares representing 3.8507% and valued at over $86.89 million, while CLEARBRIDGE INVESTMENTS, LLC holds 3.5785 of the shares totaling 6.36 million with a market value of $80.74 million.

Paycor HCM Inc (PYCR) Insider Activity

The most recent transaction is an insider sale by Rishel Jeremy, the company’s Director. SEC filings show that Rishel Jeremy sold 3,723 shares of the company’s common stock on Oct 16 ’24 at a price of $14.02 per share for a total of $52196.0. Following the sale, the insider now owns 21218.0 shares.

Paycor HCM Inc disclosed in a document filed with the SEC on Oct 08 ’24 that Corr Jonathan (Director) sold a total of 1,508 shares of the company’s common stock. The trade occurred on Oct 08 ’24 and was made at $13.47 per share for $20313.0. Following the transaction, the insider now directly holds 15464.0 shares of the PYCR stock.

Still, SEC filings show that on Oct 08 ’24, Jeremy Rishel (Director) Proposed Sale 3,723 shares at an average price of $14.02 for $52196.0. The insider now directly holds shares of Paycor HCM Inc (PYCR).

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