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After finishing at $13.13 in the prior trading day, Paycor HCM Inc (NASDAQ: PYCR) closed at $13.11, down -0.15%. In other words, the price has decreased by -$0.15 from its previous closing price. On the day, 0.77 million shares were traded. PYCR stock price reached its highest trading level at $13.26 during the session, while it also had its lowest trading level at $12.96.
Ratios:
Our goal is to gain a better understanding of PYCR by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.09. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.02 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, Needham on August 15, 2024, Reiterated its Buy rating but revised its target price to $20 from $42 previously.
On May 09, 2024, BMO Capital Markets reiterated its Market Perform rating and also upped its target price recommendation from $23 to $20.
On February 06, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $26.BTIG Research initiated its Buy rating on February 06, 2024, with a $26 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 08 ’24 when Corr Jonathan sold 1,508 shares for $13.47 per share. The transaction valued at 20,313 led to the insider holds 15,464 shares of the business.
Jeremy Rishel bought 3,723 shares of PYCR for $52,196 on Oct 08 ’24. On Jul 08 ’24, another insider, Corr Jonathan, who serves as the Director of the company, sold 1,508 shares for $13.19 each. As a result, the insider received 19,886 and left with 16,972 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 2344356352 and an Enterprise Value of 2246828032. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.58 while its Price-to-Book (P/B) ratio in mrq is 1.82. Its current Enterprise Value per Revenue stands at 3.431 whereas that against EBITDA is 42.951.
Stock Price History:
Over the past 52 weeks, PYCR has reached a high of $25.48, while it has fallen to a 52-week low of $10.92. The 50-Day Moving Average of the stock is -3.41%, while the 200-Day Moving Average is calculated to be -18.52%.
Shares Statistics:
The stock has traded on average 908.52K shares per day over the past 3-months and 578070 shares per day over the last 10 days, according to various share statistics. A total of 178.21M shares are outstanding, with a floating share count of 81.14M. Insiders hold about 54.62% of the company’s shares, while institutions hold 43.35% stake in the company. Shares short for PYCR as of 1726185600 were 7760145 with a Short Ratio of 8.54, compared to 1723680000 on 7407595. Therefore, it implies a Short% of Shares Outstanding of 7760145 and a Short% of Float of 11.73.
