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

Paycor HCM (NASDAQ:PYCR) is scheduled to be releasing its earnings data after the market closes on Wednesday, November 6th. Analysts expect Paycor HCM to post earnings of $0.08 per share for the quarter. Paycor HCM has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.Investors interested in registering for the company’s conference call can do so using this link.

Paycor HCM (NASDAQ:PYCR) last announced its earnings results on Wednesday, August 14th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $164.80 million during the quarter, compared to analyst estimates of $161.14 million. Paycor HCM had a negative net margin of 9.00% and a positive return on equity of 2.98%. The firm’s quarterly revenue was up 17.7% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.01) earnings per share. On average, analysts expect Paycor HCM to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Paycor HCM Price Performance

Shares of Paycor HCM stock opened at $14.82 on Wednesday. Paycor HCM has a 1-year low of $10.92 and a 1-year high of $22.65. The company’s fifty day simple moving average is $14.00 and its 200-day simple moving average is $13.77. The stock has a market capitalization of $2.65 billion, a PE ratio of -43.59, a P/E/G ratio of 4.45 and a beta of 0.44.

Insider Transactions at Paycor HCM

In other Paycor HCM 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 transaction of $52,196.46. Following the completion of the transaction, the director now owns 21,218 shares in the company, valued at $297,476.36. This trade represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 1.39% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on PYCR shares. Mizuho reduced their price target on Paycor HCM from $19.00 to $15.00 and set a “neutral” rating for the company in a research report on Tuesday, July 23rd. The Goldman Sachs Group reduced their target price on shares of Paycor HCM from $19.00 to $17.00 and set a “neutral” rating for the company in a report on Friday, August 16th. Needham & Company LLC lowered their price target on shares of Paycor HCM from $42.00 to $20.00 and set a “buy” rating on the stock in a report on Thursday, August 15th. Stephens began coverage on shares of Paycor HCM in a research report on Wednesday, October 16th. They issued an “overweight” rating and a $18.00 price target for the company. Finally, UBS Group decreased their price objective on shares of Paycor HCM from $18.00 to $15.00 and set a “neutral” rating on the stock in a research report on Friday, August 16th. Eight analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, Paycor HCM currently has an average rating of “Moderate Buy” and a consensus target price of $19.56.

About Paycor HCM

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.