Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Paycor HCM Inc (NASDAQ: PYCR) was $16.68 for the day, down -1.94% from the previous closing price of $17.01. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 1.14 million shares were traded. PYCR stock price reached its highest trading level at $17.04 during the session, while it also had its lowest trading level at $16.56.
Ratios:
Our analysis of PYCR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 48.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 47.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.02. 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, BTIG Research on February 06, 2024, initiated with a Buy rating and assigned the stock a target price of $26.
On January 05, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $27 to $22.
On November 07, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $20.UBS initiated its Neutral rating on November 07, 2023, with a $20 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 2969540352 and an Enterprise Value of 2922424320. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 2.34. Its current Enterprise Value per Revenue stands at 4.833 whereas that against EBITDA is 135.16.
Stock Price History:
Over the past 52 weeks, PYCR has reached a high of $27.50, while it has fallen to a 52-week low of $16.97. The 50-Day Moving Average of the stock is -14.58%, while the 200-Day Moving Average is calculated to be -22.84%.
Shares Statistics:
PYCR traded an average of 724.94K shares per day over the past three months and 786030 shares per day over the past ten days. A total of 176.54M shares are outstanding, with a floating share count of 80.19M. Insiders hold about 54.96% of the company’s shares, while institutions hold 40.97% stake in the company. Shares short for PYCR as of 1711584000 were 9811686 with a Short Ratio of 13.53, compared to 1709164800 on 9481926. Therefore, it implies a Short% of Shares Outstanding of 9811686 and a Short% of Float of 15.010001.
Earnings Estimates
The market rating of Paycor HCM Inc (PYCR) is currently shaped by the ongoing analysis conducted by Paycor HCM, Inc. analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.00, with high estimates of $0.00 and low estimates of $0.38.
