PaycorPYCR
About: Paycor HCM provides payroll and human capital management solutions to small and midsize clients in the United States via a software-as-a-service model. Alongside core payroll functionality, the firm's platform offers a suite of HCM solutions including talent management and time and attendance software, third-party integration capabilities, and industry-specific configurations. The firm targets customers with 10-1,000 employees and had over 30,500 customers as of June 2024.
Employees: 2,900
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
41% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 56
17% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 36
10% more capital invested
Capital invested by funds: $996M [Q2] → $1.09B (+$98.2M) [Q3]
3% more funds holding
Funds holding: 190 [Q2] → 196 (+6) [Q3]
0.82% less ownership
Funds ownership: 44.02% [Q2] → 43.2% (-0.82%) [Q3]
77% less call options, than puts
Call options by funds: $64K | Put options by funds: $282K
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Stifel Brad Reback 72% 1-year accuracy 34 / 47 met price target | 31%upside $25 | Buy Maintained | 18 Dec 2024 |
Mizuho Siti Panigrahi 62% 1-year accuracy 13 / 21 met price target | 5%upside $20 | Neutral Maintained | 13 Dec 2024 |
BMO Capital Daniel Jester 83% 1-year accuracy 20 / 24 met price target | 26%upside $24 | Outperform Upgraded | 12 Dec 2024 |
TD Cowen Bryan Bergin 93% 1-year accuracy 26 / 28 met price target | 15%upside $22 | Buy Upgraded | 2 Dec 2024 |
Goldman Sachs Gabriela Borges 76% 1-year accuracy 19 / 25 met price target | 10%upside $21 | Neutral Maintained | 26 Nov 2024 |
Financial journalist opinion
Based on 6 articles about PYCR published over the past 30 days