PYCR Paycor HCM, Inc Stock Price and Quote

To be sure, that revenue figure, along with the company’s earnings per share, exceeded analyst expectations. 10 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Paycor HCM in the last year. There are currently 6 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” PYCR shares.

For the current quarter, the company said to expected between $2 and $2.06 in earnings per share for the current quarter, while analysts forecasted $1.96. Keysight guided revenue for the quarter to come in between $1.37 billion and $1.39 billion, a range that contains Wall Street’s consensus estimate of $1.38 billion. Target traded more than 2% lower in the premarket after the retailer reported total revenue of $25.32 billion for the first quarter, which represented year-over-year growth of just 1%.

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against its industry peers and the overall market. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. One share of PYCR stock can currently be purchased for approximately $21.35.

Western Alliance shares have been on a recent upswing, up 17% over the past week – and posting a gain of 15% since this week has begun. The pan-European Stoxx 600 index was down 0.2% at the start of the session, with most sectors and major bourses trading in negative territory. Financial services made the biggest losses, down 1.3%, followed by autos, which dropped 0.9%. “The update is another data point that demonstrates WAL is distancing itself from recent industry turmoil and should be well received by market,” Jefferies analyst Casey Haire said. The bank said in an 8K filing on Tuesday that customer deposits have grown by more than $2 billion throughout the quarter.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.

Is It Time to Buy PYCR? Shares are up today.

April housing starts came in line with expectations, at 1.4 million. That’s in line with the 1.4 million expected by analysts polled by Dow Jones. The comments come a day after President Joe Biden met with top congressional leaders to try to find a way around the debt impasse. McCarthy said the talks resulted in a “structure” to find a solution while noting https://business-oppurtunities.com/ok-people-lets-get-real/ that the deadline remains “tight” as Republicans look for spending cuts and Democrats seek a clean bill not tied to conditions. Consumer discretionary stocks led the S&P 500 on Wednesday, with the sector up more than 1.5%. During the meeting, Musk teased new Tesla products, while also reiterating plans to roll out the first Cybertrucks this year.

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• Zacks Ranks stocks can, and often do, change throughout the month.
• Paycor HCM Inc is a Software-as-a-Service provider of human capital management solutions for small and medium-sized businesses.
• Western Alliance said its deposits grew by more than $2 billion so far this quarter.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. The company reported 20 cents in earnings per share excluding items, above the 17 cents expected by analysts. Revenue also beat expectations at $111 million compared with a $110.1 million forecast. Adjusted EBITDA came in at $48.9 million, ahead of the $45.7 consensus estimate.

Paycor HCM started at outperform with $40 stock price target at Raymond James

Both of those estimates were below consensus expectations, with analysts polled by FactSet anticipating revenue at $11.8 million and adjusted EBITDA at $45.4 million. Concerns over a potential default has weighed on markets recently. The Dow is down more than 3% this month, including a 1% decline on Tuesday.

The WSJ Dollar Index gained 0.3%, on pace to finish higher for the sixth session in the last eight trading days. The new data was in an investor update filed with the Securities and Exchange Commission on Tuesday. Home prices in China fell, with prices 0.2% lower year-on-year, compared to a 0.8% decline seen in the previous month, according to Reuters’ calculations. “While McCarthy said a deal is possible by end of this week, the timeline may be by the end of next week ahead of the Memorial Day,” JPMorgan traders wrote. “With that in mind, Equities may trade in a tight range until an outcome is observed with the biggest downside risk coming if we enter Memorial Day weekend without a solution, given the early June x-date.”

Target stock is rising, recently up 2.9%, even after the retailer said sales growth stalled and profit fell in the most recent quarter. The 50-day moving average is a short-term technical indicator of where an asset or an index is trading. A close below that level may signal a potential change toward the downside. Tech stock Keysight advanced more than 7% after the bell on the back of a strong quarterly earnings report and guidance for the current quarter.

Since then, PYCR shares have decreased by 12.8% and is now trading at $21.35. Meanwhile, regional-bank shares are jumping after Western Alliance—a lender investors have worried about—gave a positive update on deposit growth. For the full fiscal year, the company said to expect between $500 million and $506 million in revenue, a range that contains the Wall Street estimate of $501.8 million. The company expects adjusted EBITDA for the year to come in between $216 million and $222 million, while analysts anticipate $215.7 million. Shares of Western Alliance jumped about 7% in extended trading after the bank said that its deposit growth for the current quarter surpassed $2 billion as of May 12.

Should I buy or sell PYCR stock?

The scores are based on the trading styles of Value, Growth, and Momentum. There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Maintaining independence and editorial freedom is essential to our mission of empowering investor success.

A hold rating indicates that analysts believe investors should maintain any existing positions they have in PYCR, but not buy additional shares or sell existing shares. We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions.

Its products include human resources and payroll software, workforce management, benefits administration, talent management, and employee engagement. The company was founded on August 24, 2018, and is headquartered in Cincinnati, OH. 10 Wall Street research analysts have issued 1 year target prices for Paycor HCM’s stock.

A look under the hood in stocks continues to build on the bear case, according to Wolfe Research. “The comes a moment in time when you hit the wall,” McCarthy said. “You can’t continue down this trajectory if you want to continue to be the strongest nation in the world.” To see more companies moving in the premarket, read the full story here. Analysts think regional bank Western Alliance can continue to rebound as deposits at the bank grow. Wynn Resorts and Carnival shares outperformed, jumping nearly 6.5% and 5%, respectively.

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On average, they predict the company’s stock price to reach $32.36 in the next twelve months. This suggests a possible upside of 51.6% from the stock’s current price. View analysts price targets for PYCR or view top-rated stocks among Wall Street analysts. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.

• More value-oriented stocks tend to represent financial services, utilities, and energy stocks.
• Target stock is rising, recently up 2.9%, even after the retailer said sales growth stalled and profit fell in the most recent quarter.
• Its shares gained, along with those of PacWest, Comerica and Zions.
• By comparison, analysts polled by FactSet expected $1.96 per share and revenue to come in slightly lower at $1.38 billion.

We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. According to 13 analysts, the average rating for PYCR stock is “Buy.” The 12-month stock price forecast is $33.58, which is an increase of 55.68% from the latest price. INDmoney makes no warranties or representations, express or implied, on products and services offered through the platform. It accepts no liability for any damages or losses, however, caused in connection with the use of, or on the reliance of its advisory or related services.

PAYCOR HCM INC is currently in a neutral trading position according to technical analysis indicators. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

Acquisition will support Paycor’s mission of empowering leaders by inspiring positive and sustainable behavior change programs through personalized development pathways  CINCINNATI , April 26, 2023 /P… Paycor HCM, Inc. (PYCR) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report.