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

Paycor HCM (NASDAQ:PYCR) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 5th. Analysts expect the company to announce earnings of $0.11 per share and revenue of $177.09 million for the quarter.

Paycor HCM Price Performance

NASDAQ:PYCR opened at $22.13 on Monday. Paycor HCM has a 1-year low of $10.92 and a 1-year high of $23.49. The firm has a market capitalization of $3.98 billion, a price-to-earnings ratio of -85.12, a PEG ratio of 4.18 and a beta of 0.50. The company’s 50-day moving average is $20.28 and its two-hundred day moving average is $16.31.

Wall Street Analyst Weigh In

Several research firms have commented on PYCR. Stifel Nicolaus boosted their price target on shares of Paycor HCM from $22.00 to $25.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Raymond James downgraded Paycor HCM from a “moderate buy” rating to a “hold” rating in a research note on Monday, January 13th. Needham & Company LLC downgraded shares of Paycor HCM from a “moderate buy” rating to a “hold” rating in a research report on Wednesday, January 8th. Citizens Jmp lowered shares of Paycor HCM from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 9th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating and set a $22.50 target price (up previously from $21.00) on shares of Paycor HCM in a research note on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Paycor HCM currently has a consensus rating of “Hold” and a consensus price target of $21.81.

Paycor HCM Company Profile

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.