Research Analysts’ Weekly Ratings Updates for Paycor HCM (PYCR)

Paycor HCM (NASDAQ: PYCR) recently received a number of ratings updates from brokerages and research firms:

• 1/22/2025 – Paycor HCM had its “underweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $22.50 price target on the stock, up previously from $21.00.
• 1/20/2025 – Paycor HCM was downgraded by analysts at TD Cowen from a “strong-buy” rating to a “hold” rating.
• 1/16/2025 – Paycor HCM had its price target raised by analysts at Citigroup Inc. from $21.00 to $22.50. They now have a “neutral” rating on the stock.
• 1/16/2025 – Paycor HCM had its “hold” rating reaffirmed by analysts at Truist Financial Co.. They now have a $22.50 price target on the stock, up previously from $20.00.
• 1/13/2025 – Paycor HCM was downgraded by analysts at Raymond James from a “moderate buy” rating to a “hold” rating.
• 1/10/2025 – Paycor HCM had its “equal weight” rating reaffirmed by analysts at Stephens. They now have a $22.50 price target on the stock, up previously from $20.00.
• 1/9/2025 – Paycor HCM was downgraded by analysts at Citizens Jmp from a “strong-buy” rating to a “hold” rating.
• 1/8/2025 – Paycor HCM had its price target raised by analysts at Mizuho from $20.00 to $22.50. They now have a “neutral” rating on the stock.
• 1/8/2025 – Paycor HCM had its “market perform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $22.50 price target on the stock, down previously from $24.00.
• 1/8/2025 – Paycor HCM was downgraded by analysts at Needham & Company LLC from a “moderate buy” rating to a “hold” rating.
• 1/6/2025 – Paycor HCM had its “market outperform” rating reaffirmed by analysts at JMP Securities. They now have a $30.00 price target on the stock.
• 1/6/2025 – Paycor HCM had its “buy” rating reaffirmed by analysts at Needham & Company LLC. They now have a $20.00 price target on the stock.
• 12/18/2024 – Paycor HCM had its price target raised by analysts at Stifel Nicolaus from $22.00 to $25.00. They now have a “buy” rating on the stock.
• 12/13/2024 – Paycor HCM had its price target raised by analysts at Mizuho from $18.00 to $20.00. They now have a “neutral” rating on the stock.
• 12/12/2024 – Paycor HCM was upgraded by analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating. They now have a $24.00 price target on the stock, up previously from $19.00.
• 12/2/2024 – Paycor HCM was upgraded by analysts at TD Cowen from a “hold” rating to a “buy” rating. They now have a $22.00 price target on the stock, up previously from $18.00.
• 11/26/2024 – Paycor HCM had its price target raised by analysts at The Goldman Sachs Group, Inc. from $19.00 to $21.00. They now have a “neutral” rating on the stock.

Paycor HCM Trading Up 0.0 %

PYCR traded up $0.01 during mid-day trading on Wednesday, hitting $22.13. 702,742 shares of the stock were exchanged, compared to its average volume of 5,809,462. The company has a market cap of $3.97 billion, a PE ratio of -85.10, a PEG ratio of 4.17 and a beta of 0.50. The firm’s fifty day moving average is $19.42 and its two-hundred day moving average is $15.78. Paycor HCM, Inc. has a 1-year low of $10.92 and a 1-year high of $23.49.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Franklin Resources Inc. grew its stake in Paycor HCM by 2.7% during the 3rd quarter. Franklin Resources Inc. now owns 1,734,109 shares of the company’s stock worth $23,220,000 after buying an additional 46,127 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Paycor HCM by 13.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,664,711 shares of the company’s stock valued at $21,140,000 after buying an additional 192,633 shares during the period. Geode Capital Management LLC raised its holdings in Paycor HCM by 10.9% during the third quarter. Geode Capital Management LLC now owns 1,354,846 shares of the company’s stock worth $19,231,000 after purchasing an additional 132,662 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in Paycor HCM by 8.1% during the third quarter. Rockefeller Capital Management L.P. now owns 1,161,032 shares of the company’s stock worth $16,478,000 after purchasing an additional 86,745 shares during the last quarter. Finally, State Street Corp raised its holdings in Paycor HCM by 5.2% during the third quarter. State Street Corp now owns 1,111,032 shares of the company’s stock worth $15,766,000 after purchasing an additional 54,834 shares during the last quarter. Hedge funds and other institutional investors own 36.76% of the company’s stock.

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.