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

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

Paycor HCM Price Performance

NASDAQ PYCR opened at $22.14 on Tuesday. The company has a market capitalization of $3.98 billion, a PE ratio of -85.15, a P/E/G ratio of 4.18 and a beta of 0.53. Paycor HCM has a 1 year low of $10.92 and a 1 year high of $23.49. The company has a fifty day moving average of $20.36 and a two-hundred day moving average of $16.38.

Wall Street Analyst Weigh In

Several research firms recently commented on PYCR. JPMorgan Chase & Co. reiterated an “underweight” rating and issued a $22.50 price target (up previously from $21.00) on shares of Paycor HCM in a research report on Wednesday, January 22nd. Stephens reiterated an “equal weight” rating and set a $22.50 target price (up previously from $20.00) on shares of Paycor HCM in a research note on Friday, January 10th. Citizens Jmp cut Paycor HCM from a “strong-buy” rating to a “hold” rating in a research report on Thursday, January 9th. Citigroup increased their price objective on Paycor HCM from $21.00 to $22.50 and gave the stock a “neutral” rating in a research report on Thursday, January 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $22.50 price objective (down from $24.00) on shares of Paycor HCM in a research report on Wednesday, January 8th. One research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the company’s stock. According to data from MarketBeat, Paycor HCM presently has an average rating of “Hold” and an average 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.