PYCR Price Prediction Next Week
Technical Analysis: Based on recent price action, PYCR has shown a bullish momentum with an upward trend, rising from $20.48 to $21.38 over the past week. The stock is trading above its key moving averages (SMA 5: $22.19, SMA 20: $22.17), indicating positive short-term momentum.
RSI-14 at 63.45 suggests the stock is approaching but not yet in overbought territory. The MACD line (0.23) is above the signal line (0.32), with a slightly negative histogram (-0.09), indicating potential consolidation ahead.
News Sentiment Analysis: Recent analyst actions have been mixed to bearish:
- JP Morgan downgraded PYCR from Neutral to Underweight with a price target increase to $22.50
- JMP Securities maintains a Hold rating with consensus price target of $22.17
Price Prediction for Next Week: Based on Fibonacci levels and technical indicators:
- Resistance levels: R1: $22.24, R2: $22.27, R3: $22.33
- Support levels: S1: $22.13, S2: $22.10, S3: $22.05
- Pivot point: $22.19
Expected price range for next week: $21.80 - $22.50
Trading Recommendation: SELL Rationale:
- Stock is approaching resistance levels
- Recent analyst downgrades suggest limited upside
- Technical indicators show potential consolidation
- Current price ($21.38) is near the lower end of recent trading range, but momentum indicators suggest limited upside potential
Best entry point for short positions: Current price ($21.38) or on any bounce toward $22.20 Stop loss: $22.50 (above R3) Target: $20.90 (previous support level)
PYCR Similar Chart Price Prediction
The price of PYCR is predicted to go up -6.35%, based on the high correlation periods with ACI. The similarity of these two price pattern on the periods is 93.95%.
PYCR
ACI
Down: -6.35%Similarity: 93.95%
PYCR Revenue Forecast
PYCR EPS Forecast
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PYCR VS S&P500
Paycor is well positioned to displace regional providers and in-house solutions that lack product depth and breadth.
Increasing regulatory complexity under a Democratic US administration should create tailwinds for the payroll and HCM industry.
Despite exposure to the small-business market, which faces higher natural attrition, Paycor boasts robust net revenue retention averaging about 95%.
PYCR Analyst's Forecast
Steven Enders
Citigroup
Hold
2025-01-16
Price Target
$21 → $23
Upside
+1.86%
Citi raised the firm's price target on Paycor HCM to $22.50 from $21 and keeps a Neutral rating on the shares as part of a 2025 outlook for application software. Following improving software sentiment in Q4 and a recent valuation reset, Citi sees "stable to improving demand and multiple thematic upside drivers supporting a more constructive view" into 2025 for the application software group. Core themes include artificial intelligence monetization, small business tailwinds, SAP cloud cycle, regulatory changes, and "warming" capital markets, the analyst tells investors in a research note.
Terry Tillman
Truist Securities
Strong Buy → Hold
2025-01-16
Price Target
$20 → $23
Upside
+1.86%
Charles Nabhan
Stephens & Co.
Buy → Hold
2025-01-10
Price Target
$20 → $23
Upside
+1.58%
