Analysts Set Paycor HCM, Inc. (NASDAQ:PYCR) PT at $19.31

Shares of Paycor HCM, Inc. (NASDAQ:PYCRGet Free Report) have earned an average rating of “Hold” from the sixteen analysts that are covering the stock, Marketbeat.com reports. Nine equities research analysts have rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $19.31.

A number of analysts have recently issued reports on PYCR shares. BTIG Research dropped their target price on Paycor HCM from $26.00 to $20.00 and set a “buy” rating on the stock in a research report on Thursday, August 15th. The Goldman Sachs Group upped their target price on Paycor HCM from $19.00 to $21.00 and gave the company a “neutral” rating in a research report on Tuesday, November 26th. BMO Capital Markets increased their target price on Paycor HCM from $15.00 to $19.00 and gave the company a “market perform” rating in a research note on Thursday, November 7th. Truist Financial dropped their price target on shares of Paycor HCM from $33.00 to $20.00 and set a “buy” rating for the company in a research note on Tuesday, August 13th. Finally, JPMorgan Chase & Co. reduced their price objective on shares of Paycor HCM from $19.00 to $17.00 and set a “neutral” rating on the stock in a research note on Thursday, August 15th.

Get Our Latest Research Report on PYCR

Insider Activity at Paycor HCM

In related news, Director Jeremy Rishel sold 3,723 shares of the firm’s stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $14.02, for a total value of $52,196.46. Following the sale, the director now owns 21,218 shares of the company’s stock, valued at approximately $297,476.36. This trade represents a 14.93 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.39% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in PYCR. CWM LLC lifted its stake in Paycor HCM by 950.7% in the second quarter. CWM LLC now owns 2,385 shares of the company’s stock valued at $30,000 after buying an additional 2,158 shares during the last quarter. International Assets Investment Management LLC increased its holdings in shares of Paycor HCM by 1,923.0% in the 3rd quarter. International Assets Investment Management LLC now owns 2,994 shares of the company’s stock worth $42,000 after acquiring an additional 2,846 shares during the period. Advisors Asset Management Inc. lifted its position in Paycor HCM by 52.4% in the 1st quarter. Advisors Asset Management Inc. now owns 3,424 shares of the company’s stock valued at $67,000 after purchasing an additional 1,178 shares during the last quarter. Quarry LP bought a new stake in Paycor HCM in the 2nd quarter valued at about $69,000. Finally, Covestor Ltd boosted its stake in Paycor HCM by 29.4% during the 3rd quarter. Covestor Ltd now owns 5,322 shares of the company’s stock valued at $76,000 after purchasing an additional 1,210 shares during the period. 36.76% of the stock is currently owned by institutional investors.

Paycor HCM Trading Down 0.4 %

PYCR opened at $18.06 on Thursday. Paycor HCM has a twelve month low of $10.92 and a twelve month high of $22.65. The firm has a market cap of $3.24 billion, a price-to-earnings ratio of -69.46, a PEG ratio of 4.44 and a beta of 0.42. The company has a fifty day simple moving average of $15.30 and a 200 day simple moving average of $13.80.

About Paycor HCM

(Get Free Report

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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Analyst Recommendations for Paycor HCM (NASDAQ:PYCR)

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