While Paycor HCM Inc has underperformed by -0.39%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, PYCR fell by -15.37%, with highs and lows ranging from $22.65 to $10.92, whereas the simple moving average jumped by 18.07% in the last 200 days.
On November 07, 2024, BMO Capital Markets Reiterated Paycor HCM Inc (NASDAQ: PYCR) to Market Perform. A report published by Stephens on October 16, 2024, Initiated its previous ‘Overweight’ rating for PYCR. Needham also reiterated PYCR shares as ‘Buy’, quoting a target price of $20 on the company’s shares in a report dated August 15, 2024. BMO Capital Markets Reiterated the rating as Market Perform on May 09, 2024, but set its price target from $23 to $20. BTIG Research initiated its ‘Buy’ rating for PYCR, as published in its report on February 06, 2024. Jefferies’s report from January 05, 2024 suggests a price prediction of $22 for PYCR shares, giving the stock a ‘Hold’ rating. UBS also rated the stock as ‘Neutral’.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Analysis of Paycor HCM Inc (PYCR)
Further, the quarter-over-quarter increase in sales is 16.64%, showing a positive trend in the upcoming months.
Paycor HCM Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of -3.55% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 1.08, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can be an extremely valuable indicator of volatility, and PYCR is registering an average volume of 809.22K. On a monthly basis, the volatility of the stock is set at 3.17%, whereas on a weekly basis, it is put at 2.86%, with a gain of 5.43% over the past seven days. Furthermore, long-term investors anticipate a median target price of $20.44, showing growth from the present price of $18.06, which can serve as yet another indication of whether PYCR is worth investing in or should be passed over.
How Do You Analyze Paycor HCM Inc Shares?
Besides checking the fundamentals, you should also know how many employees own shares in the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 54.63%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 43.51% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
PYCR shares are owned by institutional investors to the tune of 43.51% at present.
