How to Buy Paycor Hcm Stock
Paycor Hcm Inc
Paycor HCM, Inc. provides software-as-a-service (SaaS) human capital management (HCM) solutions for small and medium-sized businesses (SMBs) primarily in the United States.
Paycor Hcm stock last closed at $21.41, up 0.42% from the previous day, and has decreased 12.51% in one year. It has underperformed other stocks in the Software - Application industry by 0.08 percentage points. Paycor Hcm stock is currently +4.44% from its 52-week low of $20.50, and -38.74% from its 52-week high of $34.95.
There are currently 176.54M PYCR shares outstanding. The market cap of PYCR is $3.78B. In the last 24 hours, 416,674 PYCR shares were traded.
How to Buy Paycor Hcm Stock
Not sure how to invest in Paycor Hcm stock? Here's how.
- Figure out where to buy Paycor Hcm stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you decide where to buy Paycor Hcm stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Fund your investment account: Pick your payment method and add your info.
- Analyze Paycor Hcm stock: The Paycor Hcm ticker symbol is PYCR. Is Paycor Hcm stock a good investment? Should you buy shares of PYCR? How do PYCR's underlying business fundamentals look? Do top analysts think Paycor Hcm is a good buy? Why has PYCR's stock price moved recently? (Hint: Our stock research tools can help you understand if PYCR is a good stock to buy).
- Place your PYCR purchase: Decide if you will purchase PYCR shares at the current market price or use a limit order to purchase PYCR stock at a particular price.
- Get key alerts regarding your PYCR investment: Create a watchlist to keep tabs on your investment in Paycor Hcm stock.
Step 1: Figure out where to buy Paycor Hcm stock
You will need a brokerage account to access the NASDAQ market and buy PYCR shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you are able to invest in PYCR today.
How to Open a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal data to start your new trading account.
- Send your application by pressing the "Create Account" button.
Step 3: Fund your investment account
Now that you've opened your account on app for investing, you can securely and quickly fund your account:
Watch the walkthrough below to see the process of transferring funds into your investment account.
Step 4: Analyze Paycor Hcm stock
Once you have figured out the best place to buy Paycor Hcm stock, it's very important to research their stock prior to buying, so you actually comprehend the risk as well as the upside.
Paycor Hcm shares at a glance
PYCR Due Diligence Checks
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on PYCR's stock page.
Is PYCR stock properly valued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge PYCR's true value.
Using relative valuations methods:
- PYCR could be undervalued based on its P/B ratio of 2.94x, relative to Software - Application industry P/B ratio of 5.46x
You can do more valuation analysis on PYCR's stock here.
PYCR Financial Overview
Positive Health Checks:
- PYCR has $82.86M in cash and short term investments. This is sufficient to cover its annual cash burn of $13.04M.
- PYCR profit margin has gone up from -31.7% to -16.7% in the past year.
- There are more short-term assets than short-term liabilities on the PYCR balance sheet.
- PYCR has cash burn of 13035000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than long-term liabilities on the PYCR balance sheet.
Negative Health Checks:
- PYCR has a relatively high debt to equity ratio of 1.13.
Is it a good time to buy Paycor Hcm stock, according to Wall Street analysts?
Out of 8 sell side analysts who monitor PYCR, the consensus analyst rating on PYCR is a Buy
It's important to keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Latest PYCR Analyst Recommendations
Gabriela Borges, a bottom 7% analyst from Goldman Sachs maintains PYCR with a hold rating and lowers their PYCR price target from $31.00 to $27.00, on May 11, 2023.
Kevin Mcveigh, a bottom 4% analyst from Credit Suisse maintains PYCR with a buy rating and lowers their PYCR price target from $35.00 to $30.00, on May 11, 2023.
Patrick Walravens, a bottom 5% analyst from JMP Securities reiterates PYCR with a buy rating and maintains their PYCR price target from $42.00 to $42.00, on May 11, 2023.
Terry Tillman, a top 21% analyst from Truist Securities maintains PYCR with a strong buy rating and lowers their PYCR price target from $45.00 to $40.00, on May 11, 2023.
Scott Berg, a bottom 17% analyst from Needham reiterates PYCR with a buy rating and maintains their PYCR price target from $42.00 to $42.00, on May 11, 2023.
You can dig deeper into what analysts are forecasting on the Paycor Hcm stock forecast page.
Metrics for Advanced PYCR Traders
How is PYCR performing as a company?
Last year, PYCR revenue was $523.64M. During the past two year, PYCR's revenue has gone up by 24.45% per year. This was slower than the Software - Application industry average of 33.51%.
Find out more about PYCR's earnings and revenue performance here.
Who is buying/selling PYCR?
In the past 12 months, insiders at PYCR have sold more shares than they have bought.
Scott David Miller, Director of PYCR, was the latest PYCR insider to buy. They bought $66,570.00 worth of PYCR shares on May 23, 2023.
Dig into more about who owns PYCR stock here.
Can I rely on PYCR as an income stream?
No, Paycor Hcm doesn't provide an income stream by paying out dividends.
Get opinions from other investors
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your PYCR purchase
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the best for newer investors. - Limit order: A limit order is an order to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and eToro will execute the order.
If you want additional help buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your PYCR investment
Now that you own some PYCR stock, you'll want to stay up-to-date on your shares.
Start a watchlist to get notified of important updates regarding your PYCR stock.
PYCR Feed
How to Buy Stock in Paycor Hcm
To summarize, here are the 6 steps to buy stock in Paycor Hcm:
- Figure out where to buy Paycor Hcm stock
- Open your brokerage account
- Fund your investment account
- Analyze Paycor Hcm stock
- Place your PYCR purchase
- Get key alerts regarding your PYCR investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to get notifications regarding your new investment in Paycor Hcm, create a watchlist on WallStreetZen today.
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