Daily Progress: Paycor HCM Inc (PYCR) Drop -15.66, Closing at 14.76

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In the latest session, Paycor HCM Inc (NASDAQ: PYCR) closed at $14.76 down -15.66% from its previous closing price of $17.50. In other words, the price has decreased by -$15.66 from its previous closing price. On the day, 4.0 million shares were traded. PYCR stock price reached its highest trading level at $16.76 during the session, while it also had its lowest trading level at $14.535.

Ratios:

For a deeper understanding of Paycor HCM Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 29.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 39.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.04. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, BMO Capital Markets on May-10-24, Reiterated its Market Perform rating but revised its target price to $20 from $23 previously.

On February 06, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $26.

Jefferies Downgraded its Buy to Hold on January 05, 2024, whereas the target price for the stock was revised from $27 to $22.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 04 ’24 when Geene Alice L sold 1,577 shares for $18.39 per share. The transaction valued at 28,994 led to the insider holds 107,581 shares of the business.

Corr Jonathan sold 1,508 shares of PYCR for $27,595 on Apr 04 ’24. The Director now owns 18,480 shares after completing the transaction at $18.30 per share. On Mar 06 ’24, another insider, PRIDE GP, INC., who serves as the 10% Owner of the company, sold 8,000,000 shares for $20.05 each. As a result, the insider received 160,368,000 and left with 0 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PYCR now has a Market Capitalization of 2627722752 and an Enterprise Value of 3039440384. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.17 while its Price-to-Book (P/B) ratio in mrq is 2.03. Its current Enterprise Value per Revenue stands at 4.823 whereas that against EBITDA is 67.606.

Stock Price History:

The Beta on a monthly basis for PYCR is 0.54, which has changed by -0.16982925 over the last 52 weeks, in comparison to a change of 0.25590587 over the same period for the S&P500. Over the past 52 weeks, PYCR has reached a high of $27.50, while it has fallen to a 52-week low of $16.48. The 50-Day Moving Average of the stock is -20.64%, while the 200-Day Moving Average is calculated to be -29.84%.

Shares Statistics:

For the past three months, PYCR has traded an average of 748.07K shares per day and 698780 over the past ten days. A total of 176.54M shares are outstanding, with a floating share count of 80.20M. Insiders hold about 54.95% of the company’s shares, while institutions hold 41.00% stake in the company. Shares short for PYCR as of 1713139200 were 9232278 with a Short Ratio of 12.34, compared to 1710460800 on 9555105. Therefore, it implies a Short% of Shares Outstanding of 9232278 and a Short% of Float of 14.130001.

Earnings Estimates

The stock of Paycor HCM Inc (PYCR) is currently in the spotlight, with 17.0 analysts actively rating and assessing its market standing.On average, analysts expect EPS of $0.2 for the current quarter, with a high estimate of $0.23 and a low estimate of $0.19, while EPS last year was $0.18. The consensus estimate for the next quarter is $0.09, with high estimates of $0.12 and low estimates of $0.08.

Analysts are recommending an EPS of between $0.52 and $0.43 for the fiscal current year, implying an average EPS of $0.47. EPS for the following year is $0.55, with 16.0 analysts recommending between $0.69 and $0.46.

Revenue Estimates

For the next quarter, 17 analysts are estimating revenue of $164.15M. There is a high estimate of $166.11M for the next quarter, whereas the lowest estimate is $160.13M.

A total of 18 analysts have provided revenue estimates for PYCR’s current fiscal year. The highest revenue estimate was $657.5M, while the lowest revenue estimate was $650.97M, resulting in an average revenue estimate of $653.9M. In the same quarter a year ago, actual revenue was $552.69MBased on 17 analysts’ estimates, the company’s revenue will be $759.92M in the next fiscal year. The high estimate is $829.82M and the low estimate is $745M.

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