Paycor HCM (PYCR) Scheduled to Post Earnings on Wednesday

Paycor HCM (NASDAQ:PYCR) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect Paycor HCM to post earnings of $0.20 per share for the quarter. Paycor HCM has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.

Paycor HCM (NASDAQ:PYCR) last announced its quarterly earnings results on Wednesday, February 7th. The company reported $0.01 EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.01). Paycor HCM had a negative net margin of 13.82% and a positive return on equity of 1.28%. The firm had revenue of $159.54 million for the quarter, compared to the consensus estimate of $155.49 million. 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 Trading Up 2.9 %

Shares of Paycor HCM stock opened at $17.30 on Monday. The stock has a 50 day moving average of $18.77 and a 200 day moving average of $19.98. Paycor HCM has a 12 month low of $16.48 and a 12 month high of $27.50. The firm has a market cap of $3.08 billion, a PE ratio of -36.04, a PEG ratio of 5.87 and a beta of 0.54.

Analysts Set New Price Targets

A number of equities analysts recently commented on PYCR shares. Needham & Company LLC reissued a “buy” rating and set a $42.00 price target on shares of Paycor HCM in a research note on Thursday, April 25th. BTIG Research started coverage on Paycor HCM in a research note on Tuesday, February 6th. They set a “buy” rating and a $26.00 price target for the company. Eight analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Paycor HCM currently has an average rating of “Hold” and a consensus target price of $27.35.

Insider Transactions at Paycor HCM

In other news, insider Alice L. Geene sold 1,577 shares of the stock in a transaction that occurred on Thursday, April 4th. The stock was sold at an average price of $18.39, for a total value of $29,001.03. Following the sale, the insider now directly owns 107,581 shares in the company, valued at $1,978,414.59. The sale was disclosed in a document filed with the SEC, which is available at this link. In other Paycor HCM news, insider Alice L. Geene sold 1,577 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $18.39, for a total transaction of $29,001.03. Following the transaction, the insider now directly owns 107,581 shares in the company, valued at approximately $1,978,414.59. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Jonathan Corr sold 1,508 shares of the firm’s stock in a transaction on Thursday, April 4th. The stock was sold at an average price of $18.30, for a total value of $27,596.40. Following the transaction, the director now owns 18,480 shares in the company, valued at $338,184. The disclosure for this sale can be found here. Company insiders own 0.39% of the company’s stock.

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.