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Paycor HCM (PYCR) Stock Forecast & Price Target

$12.86
+0.05 (+0.39%)
(As of 07/22/2024 ET)

Paycor HCM - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 15 Wall Street analysts who have issued ratings for Paycor HCM in the last 12 months, the stock has a consensus rating of "Hold." Out of the 15 analysts, 9 have given a hold rating, and 6 have given a buy rating for PYCR.

Consensus Price Target

$22.60
75.74% Upside
High Forecast$42.00
Average Forecast$22.60
Low Forecast$11.00

According to the 15 analysts' twelve-month price targets for Paycor HCM, the average price target is $22.60. The highest price target for PYCR is $42.00, while the lowest price target for PYCR is $11.00. The average price target represents a forecasted upside of 75.74% from the current price of $12.86.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
9 Hold rating(s)
9 Hold rating(s)
8 Hold rating(s)
7 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$22.60$24.25$27.35$31.79
Forecasted Upside75.74% Upside41.04% Upside30.81% Upside21.99% Upside
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PYCR Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PYCR Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Paycor HCM Stock vs. The Competition

TypePaycor HCMComputer and Technology CompaniesS&P 500
Consensus Rating Score
2.40
2.61
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside75.74% Upside119.44% Upside9.23% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/24/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetHold ➝ Hold$14.00 ➝ $11.00-10.06%
6/18/2024Citigroup
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$17.00 ➝ $14.00+25.56%
6/11/2024BMO Capital Markets
3 of 5 stars
 Reiterated RatingMarket Perform ➝ Market Perform$20.00 ➝ $20.00+66.53%
5/13/2024The Goldman Sachs Group
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 Lower TargetNeutral ➝ Neutral$22.00 ➝ $19.00+31.22%
5/9/2024JMP Securities
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 Lower TargetMarket Outperform ➝ Market Outperform$32.00 ➝ $30.00+105.76%
5/9/2024Needham & Company LLC
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 Reiterated RatingBuy ➝ Buy$42.00+178.33%
5/9/2024Deutsche Bank Aktiengesellschaft
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 Lower TargetHold ➝ Hold$21.00 ➝ $19.00+25.41%
5/9/2024Stifel Nicolaus
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 Lower TargetBuy ➝ Buy$25.00 ➝ $22.00+37.50%
5/9/2024Robert W. Baird
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 Lower TargetOutperform ➝ Outperform$36.00 ➝ $27.00+54.29%
5/9/2024Mizuho
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 Lower TargetNeutral ➝ Neutral$22.00 ➝ $19.00+8.57%
2/6/2024BTIG Research
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 Initiated CoverageBuy$26.00+33.88%
11/9/2023Raymond James
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 Lower TargetOutperform ➝ Outperform$27.00 ➝ $25.00+27.55%
11/7/2023UBS Group
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 Initiated CoverageNeutral$20.00+13.83%
8/17/2023JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$26.00 ➝ $23.00+9.06%
8/17/2023DA Davidson
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 Lower TargetNeutral ➝ Neutral$24.00 ➝ $22.00-3.80%
7/12/2023Truist Financial
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 Lower Target$40.00 ➝ $38.00+49.84%
6/28/2023VNET Group
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 Reiterated RatingInitiates
5/11/2023Credit Suisse Group
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 Lower Target$35.00 ➝ $30.00+31.75%
4/4/2023William Blair
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M. Pfau
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Initiated CoverageMarket Perform
1/9/2023Moffett Nathanson
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 Initiated CoverageMarket Perform$28.00+23.24%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 02:18 AM ET.

PYCR Forecast - Frequently Asked Questions

What is Paycor HCM's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Paycor HCM is $22.60, with a high forecast of $42.00 and a low forecast of $11.00.

Should I buy or sell Paycor HCM stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycor HCM in the last twelve months. There are currently 9 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" PYCR shares. 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.

Does Paycor HCM's stock price have much upside?

According to analysts, Paycor HCM's stock has a predicted upside of 37.67% based on their 12-month stock forecasts.

What analysts cover Paycor HCM?
Do Wall Street analysts like Paycor HCM more than its competitors?

Analysts like Paycor HCM less than other "computer and technology" companies. The consensus rating for Paycor HCM is Hold while the average consensus rating for "computer and technology" companies is Moderate Buy. Learn more on how PYCR compares to other companies.


This page (NASDAQ:PYCR) was last updated on 7/23/2024 by MarketBeat.com Staff

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