PaycorPYCR
PYCR
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
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 13 analysts
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
20% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 35
8% more capital invested
Capital invested by funds: $1.01B [Q2] → $1.1B (+$81.5M) [Q3]
3% more funds holding
Funds holding: 190 [Q2] → 196 (+6) [Q3]
1.57% less ownership
Funds ownership: 44.82% [Q2] → 43.25% (-1.57%) [Q3]
77% less call options, than puts
Call options by funds: $64K | Put options by funds: $282K
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$15
32%
downside
Avg. target
$22
1%
downside
High target
$30
36%
upside
13 analyst ratings
3 positive
23%
9 neutral
69%
1 negative
8%
JP Morgan Mark Murphy 61% 1-year accuracy 28 / 46 met price target | 2%upside $23 | Underweight Downgraded | 22 Jan 2025 |
Citigroup Steven Enders 81% 1-year accuracy 21 / 26 met price target | 2%upside $23 | Neutral Maintained | 16 Jan 2025 |
Truist Securities Terry Tillman 60% 1-year accuracy 28 / 47 met price target | 2%upside $23 | Hold Downgraded | 16 Jan 2025 |
Stephens & Co. Charles Nabhan 74% 1-year accuracy 17 / 23 met price target | 2%upside $23 | Equal-Weight Downgraded | 10 Jan 2025 |
JMP Securities Patrick Walravens 57% 1-year accuracy 60 / 105 met price target | 36%upside $30 | Market Perform Downgraded | 10 Jan 2025 |
Financial journalist opinion
Based on 12 articles about PYCR published over the past 30 days
Neutral
GlobeNewsWire
6 days ago
Paycor Announces Date of Second Quarter Fiscal Year 2025 Financial Results
CINCINNATI, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of human capital management (HCM) software, today announced that it will release financial results for the second quarter of fiscal year 2025, ended December 31, 2024, after the U.S. financial markets close on Wednesday, February 5, 2025.
Positive
Zacks Investment Research
6 days ago
NICE vs. PYCR: Which Stock Should Value Investors Buy Now?
Investors interested in stocks from the Internet - Software sector have probably already heard of Nice (NICE) and Paycor HCM, Inc. (PYCR). But which of these two stocks offers value investors a better bang for their buck right now?
Neutral
PRNewsWire
2 weeks ago
$HAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Paycor HCM, Inc. - PYCR
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Paycor HCM, Inc. (NYSE: PYCR ), relating to the proposed merger with Paychex.
Positive
Zacks Investment Research
2 weeks ago
Paycor HCM (PYCR) Soars 23.3%: Is Further Upside Left in the Stock?
Paycor HCM (PYCR) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock suggests that there could be more strength down the road.
Neutral
PRNewsWire
2 weeks ago
Apax Funds to Sell Their Majority Stake in Paycor HCM, Inc. to Paychex, Inc.
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Apax Partners LLP ("Apax") today announced that Paycor HCM, Inc. (Nasdaq: PYCR) ("Paycor"), a leading provider of human capital management ("HCM") software, has entered into a definitive agreement with Paychex, Inc. (Nasdaq: PAYX) ("Paychex") to be acquired in an all-cash transaction for $22.50 per share, representing a total enterprise value of $4.1 billion. Funds advised by Apax, together with certain of their affiliates, currently own a majority of Paycor's outstanding common stock.
Positive
WSJ
2 weeks ago
Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
Neutral
Business Wire
2 weeks ago
Shareholder Alert: Ademi LLP Investigates Whether Paycor HCM, Inc. Is Obtaining a Fair Price for Its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating Paycor (Nasdaq: PYCR) for possible breaches of fiduciary duty and other violations of law in its transaction with the Paychex. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, Paycor stockholders will receive $22.50 per share, representing an enterprise value of approximately $4.1 bil.
Neutral
Business Wire
2 weeks ago
Paychex Enters into Definitive Agreement to Acquire Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in human resources, employee benefit solutions, insurance, and payroll today announced it has entered into a definitive agreement to acquire Paycor HCM, Inc. (Nasdaq: PYCR) (“Paycor”), a leading provider of HCM, payroll and talent software in an all-cash transaction for $22.50 per share, representing a.
Positive
Zacks Investment Research
2 weeks ago
Paycor Stock Rises 45% in 6 Months: Is There More Room to Run?
PYCR shares rise on revenue growth projections, product innovations, and strong demand in HCM and payroll solutions.
Neutral
GlobeNewsWire
3 weeks ago
Paycor HCM Shareholders are Encouraged to Reach Out to Johnson Fistel for More Information About Potentially Recovering Their Losses
SAN DIEGO, Dec. 30, 2024 (GLOBE NEWSWIRE) -- Shareholder rights law firm Johnson Fistel, LLP is investigating whether Paycor HCM, Inc. (NASDAQ: PYCR), any of its executive officers or others violated securities laws by misrepresenting or failing to timely disclose material adverse to investors. The investigation focuses on investors' losses and whether they may be recovered under federal securities laws.
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