PYCR Price Prediction Next Week
Stock Price Prediction for PYCR (Paycor HCM, Inc.)
Technical Analysis:
- Current Price: $22.41 (as of 2025-03-24)
- Volume: 113,922
- Price Movement: The stock has been trading in a narrow range between $22.16 and $22.43 over the past few weeks, indicating consolidation.
Key Indicators:
- RSI (14-period): 67.59 (Neutral, not overbought)
- Stochastic Oscillator: %K (46.54) and %D (64.29) suggest a bullish signal.
- MACD: Slightly positive at 0.11, indicating weak bullish momentum.
- Fibonacci Levels: Resistance at $22.44, Support at $22.34.
News Sentiment:
- Analyst Downgrades: JP Morgan downgraded PYCR from Neutral to Underweight but raised the price target to $22.5.
- Acquisition News: Pending acquisition by Paychex expected to close in the first half of 2025, which may stabilize the stock.
Prediction:
- Price Range: $22.30 to $22.50
- Exact Price Prediction: $22.40
- Recommendation: Buy, as the stock is near the lower end of the predicted range with potential upside.
Conclusion:
The stock is expected to trade between $22.30 and $22.50 next week. Given the current price near the lower end and mixed news, buying is recommended with an expected move towards the upper range.
PYCR Similar Chart Price Prediction
The price of PYCR is predicted to go up 5.79%, based on the high correlation periods with FC. The similarity of these two price pattern on the periods is 98.44%.
PYCR
FC
Up: 5.79%Similarity: 98.44%
PYCR Revenue Forecast
PYCR EPS Forecast
PYCR FAQs
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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%
