Is Paycor HCM Stock a Good Investment?
Paycor HCM Investment Advice | PYCR |
- Examine Paycor HCM's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Paycor HCM's leadership team and their track record. Good management can help Paycor HCM navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Human Resource & Employment Services space and any emerging trends that could impact Paycor HCM's business and its evolving consumer preferences.
- Compare Paycor HCM's performance and market position to its competitors. Analyze how Paycor HCM is positioned in terms of product offerings, innovation, and market share.
- Check if Paycor HCM pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Paycor HCM's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paycor HCM stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paycor HCM is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Not too volatile | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Poor | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Paycor HCM Stock
Researching Paycor HCM's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The book value of Paycor HCM was at this time reported as 7.25. The company has Price/Earnings To Growth (PEG) ratio of 1.63. Paycor HCM recorded a loss per share of 0.4. The entity had not issued any dividends in recent years.
To determine if Paycor HCM is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paycor HCM's research are outlined below:
| Paycor HCM generated a negative expected return over the last 90 days | |
| The company reported the previous year's revenue of 552.69 M. Net Loss for the year was (93.22 M) with profit before overhead, payroll, taxes, and interest of 365.55 M. | |
| Paycor HCM has a poor financial position based on the latest SEC disclosures | |
| Over 99.0% of the company shares are owned by institutional investors | |
| Latest headline from news.google.com: Natixis Advisors L.P. Has 1.11 Million Holdings in Paycor HCM, Inc. - Defense World |
Paycor HCM Quarterly Liabilities And Stockholders Equity |
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Paycor HCM uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Paycor HCM. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Paycor HCM's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 7th of February 2024 Upcoming Quarterly Report | View | |
| 8th of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 21st of August 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 30th of June 2023 Last Financial Announcement | View |
Earnings surprises can significantly impact Paycor HCM's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Paycor HCM's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2022-05-05 | 2022-03-31 | 0.1 | 0.11 | 0.01 | 10 | ||
2021-11-09 | 2021-09-30 | 0.02 | 0.01 | -0.01 | 50 | ||
2024-02-07 | 2023-12-31 | 0.09 | 0.11 | 0.02 | 22 | ||
2023-08-16 | 2023-06-30 | 0.06 | 0.08 | 0.02 | 33 | ||
2023-02-08 | 2022-12-31 | 0.06 | 0.08 | 0.02 | 33 | ||
2022-11-02 | 2022-09-30 | 0.03 | 0.05 | 0.02 | 66 | ||
2022-08-23 | 2022-06-30 | 0.02 | 0.04 | 0.02 | 100 | ||
2022-02-03 | 2021-12-31 | 0.03 | 0.05 | 0.02 | 66 |
Paycor HCM Target Price Consensus
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Paycor target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Paycor HCM's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
| 17 | Buy |
Most Paycor analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Paycor stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Paycor HCM, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice Exposure ValuationPaycor HCM Target Price Projection
Paycor HCM's current and average target prices are 14.14 and 27.46, respectively. The current price of Paycor HCM is the price at which Paycor HCM is currently trading. On the other hand, Paycor HCM's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Target Price
Analyst Consensus On Paycor HCM Target Price
Paycor HCM Analyst Ratings
Paycor HCM's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Paycor HCM stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Paycor HCM's financials, market performance, and future outlook by experienced professionals. Paycor HCM's historical ratings below, therefore, can serve as a valuable tool for investors.Know Paycor HCM's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Paycor HCM is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paycor HCM backward and forwards among themselves. Paycor HCM's institutional investor refers to the entity that pools money to purchase Paycor HCM's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Gw&k Investment Management, Llc | 2023-12-31 | 1.8 M | Franklin Resources Inc | 2023-12-31 | 1.8 M | Granite Investment Partners, Llc | 2023-12-31 | 1.5 M | American Century Companies Inc | 2024-03-31 | 1.5 M | Dimensional Fund Advisors, Inc. | 2024-03-31 | 1.5 M | Bank Of America Corp | 2023-12-31 | 1.2 M | Artisan Partners Limited Partnership | 2024-03-31 | 1.1 M | Geode Capital Management, Llc | 2023-12-31 | 1.1 M | State Street Corporation | 2023-12-31 | 960 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 7.5 M | Vanguard Group Inc | 2024-03-31 | 6.9 M |
Paycor HCM's market capitalization trends
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.5 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paycor HCM's market, we take the total number of its shares issued and multiply it by Paycor HCM's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Market Cap |
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Paycor HCM's profitablity analysis
Paycor HCM's profitability indicators refer to fundamental financial ratios that showcase Paycor HCM's ability to generate income relative to its revenue or operating costs. If, let's say, Paycor HCM is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Paycor HCM's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Paycor HCM's profitability requires more research than a typical breakdown of Paycor HCM's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.06) | (0.06) | |
| Return On Capital Employed | (0.09) | (0.09) | |
| Return On Assets | (0.03) | (0.03) | |
| Return On Equity | (0.07) | (0.07) |
Determining Paycor HCM's profitability involves analyzing its financial statements and using various financial metrics to determine if Paycor HCM is a good buy. For example, gross profit margin measures Paycor HCM's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paycor HCM's profitability and make more informed investment decisions.
The data published in Paycor HCM's official financial statements usually reflect Paycor HCM's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paycor HCM. For example, before you start analyzing numbers published by Paycor accountants, it's critical to develop an understanding of what Paycor HCM's liquidity, profitability, and earnings quality are in the context of the Professional Services space in which it operates.
Please note, the presentation of Paycor HCM's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paycor HCM's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paycor HCM's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paycor HCM. Please utilize our Beneish M Score to check the likelihood of Paycor HCM's management manipulating its earnings.
Evaluate Paycor HCM's management efficiency
Paycor HCM has return on total asset (ROA) of (0.0162) % which means that it has lost $0.0162 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.0543) %, meaning that it created substantial loss on money invested by shareholders. Paycor HCM's management efficiency ratios could be used to measure how well Paycor HCM manages its routine affairs as well as how well it operates its assets and liabilities. As of 05/21/2024, Return On Tangible Assets is likely to drop to -0.06. In addition to that, Return On Capital Employed is likely to drop to -0.09. At this time, Paycor HCM's Net Tangible Assets are relatively stable compared to the past year. As of 05/21/2024, Other Current Assets is likely to grow to about 2.5 M, while Non Current Assets Total are likely to drop slightly above 1.1 B.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 6.51 | 4.98 | |
| Net Current Asset Value | 0.00 | 0.00 | |
| Tangible Asset Value | 0.00 | 0.00 | |
| Tangible Book Value Per Share | 0.98 | 1.03 | |
| Enterprise Value Over EBITDA | 104.07 | 109.27 | |
| Price Book Value Ratio | 3.76 | 4.63 | |
| Enterprise Value Multiple | 104.07 | 109.27 | |
| Price Fair Value | 3.76 | 4.63 | |
| Enterprise Value | 4.7 B | 4.9 B |
The analysis of Paycor HCM's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Paycor HCM's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Paycor Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 0.537 |
Basic technical analysis of Paycor Stock
As of the 21st of May, Paycor HCM holds the Risk Adjusted Performance of (0.12), variance of 6.3, and Coefficient Of Variation of (453.35). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Paycor HCM, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down thirteen technical drivers for Paycor HCM, which can be compared to its competitors. Please check Paycor HCM risk adjusted performance, variance, as well as the relationship between the Variance and potential upside to decide if Paycor HCM is priced some-what accurately, providing market reflects its current price of 14.14 per share. Given that Paycor HCM has information ratio of (0.25), we recommend you to check out Paycor HCM's recent market performance to make sure the company can sustain itself at a future point.Paycor HCM's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paycor HCM insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paycor HCM's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paycor HCM insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand Paycor HCM's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Paycor HCM's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.62) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (453.35) | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.3 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.63) | |||
| Maximum Drawdown | 18.78 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.27 | |||
| Skewness | (3.34) | |||
| Kurtosis | 19.49 |
| Risk Adjusted Performance | (0.12) | |||
| Market Risk Adjusted Performance | (0.62) | |||
| Mean Deviation | 1.57 | |||
| Coefficient Of Variation | (453.35) | |||
| Standard Deviation | 2.51 | |||
| Variance | 6.3 | |||
| Information Ratio | (0.25) | |||
| Jensen Alpha | (0.62) | |||
| Total Risk Alpha | (0.86) | |||
| Treynor Ratio | (0.63) | |||
| Maximum Drawdown | 18.78 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.27 | |||
| Skewness | (3.34) | |||
| Kurtosis | 19.49 |
Consider Paycor HCM's intraday indicators
Paycor HCM intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Paycor HCM stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 14.14 | |||
| Day Typical Price | 14.14 | |||
| Price Action Indicator | 0.055 | |||
| Period Momentum Indicator | 0.11 |
Paycor HCM Corporate Filings
10Q | 9th of May 2024 Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations | ViewVerify |
8K | 8th of May 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 25th of April 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
FWP | 6th of March 2024 A written communication used by offering participants to offer securities to the public or to solicit securities transactions. | ViewVerify |
Paycor Stock media impact
Far too much social signal, news, headlines, and media speculation about Paycor HCM that are available to investors today. That information is available publicly through Paycor media outlets and privately through word of mouth or via Paycor internal channels. However, regardless of the origin, that massive amount of Paycor data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Paycor HCM news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Paycor HCM relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Paycor HCM's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Paycor HCM alpha.
Paycor HCM Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Paycor HCM can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Paycor HCM Historical Investor Sentiment
Investor biases related to Paycor HCM's public news can be used to forecast risks associated with an investment in Paycor. The trend in average sentiment can be used to explain how an investor holding Paycor can time the market purely based on public headlines and social activities around Paycor HCM. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paycor HCM's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paycor HCM and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average Paycor HCM news discussions. The higher the estimate score, the more favorable the investor's outlook on Paycor HCM.
Be your own money manager
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Paycor HCM Corporate Management
Elected by the shareholders, the Paycor HCM's board of directors comprises two types of representatives: Paycor HCM inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paycor. The board's role is to monitor Paycor HCM's management team and ensure that shareholders' interests are well served. Paycor HCM's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paycor HCM's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Ryan Bergstrom | Chief Officer | Profile | |
| Rick Huff | Chief Officer | Profile | |
| Alice Geene | Chief Secretary | Profile | |
| Charles Mueller | Chief Officer | Profile | |
| Brett Meager | Chief Officer | Profile | |
| Swati Garodia | Chief Officer | Profile |
How to buy Paycor Stock?
To provide specific investment advice or recommendations on Paycor HCM stock, we recommend investors consider the following general factors when evaluating Paycor HCM. This will help you to make an informed decision on whether to include Paycor HCM in one of your diversified portfolios:- Examine Paycor HCM's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Paycor HCM's leadership team and their track record. Good management can help Paycor HCM navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Human Resource & Employment Services space and any emerging trends that could impact Paycor HCM's business and its evolving consumer preferences.
- Compare Paycor HCM's performance and market position to its competitors. Analyze how Paycor HCM is positioned in terms of product offerings, innovation, and market share.
- Check if Paycor HCM pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Paycor HCM's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Paycor HCM stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Paycor HCM is a good investment.
Already Invested in Paycor HCM?
The danger of trading Paycor HCM is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paycor HCM is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paycor HCM. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paycor HCM is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Paycor HCM is a strong investment it is important to analyze Paycor HCM's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Paycor HCM's future performance. For an informed investment choice regarding Paycor Stock, refer to the following important reports: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycor HCM. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. To learn how to invest in Paycor Stock, please use our How to Invest in Paycor HCM guide.Note that the Paycor HCM information on this page should be used as a complementary analysis to other Paycor HCM's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Paycor Stock analysis
When running Paycor HCM's price analysis, check to measure Paycor HCM's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paycor HCM is operating at the current time. Most of Paycor HCM's value examination focuses on studying past and present price action to predict the probability of Paycor HCM's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycor HCM's price. Additionally, you may evaluate how the addition of Paycor HCM to your portfolios can decrease your overall portfolio volatility.
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Is Paycor HCM's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycor HCM. If investors know Paycor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycor HCM listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.40) | Revenue Per Share 3.555 | Quarterly Revenue Growth 0.158 | Return On Assets (0.02) | Return On Equity (0.05) |
The market value of Paycor HCM is measured differently than its book value, which is the value of Paycor that is recorded on the company's balance sheet. Investors also form their own opinion of Paycor HCM's value that differs from its market value or its book value, called intrinsic value, which is Paycor HCM's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycor HCM's market value can be influenced by many factors that don't directly affect Paycor HCM's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Paycor HCM's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Paycor HCM is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycor HCM's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.