View Past PerformanceThis company has been acquiredThe company may no longer be operating, as it has been acquired. Find out why through their latest events.See Latest EventsPaycor HCM バランスシートの健全性財務の健全性 基準チェック /66Paycor HCMの総株主資本は$1.3B 、総負債は$0.0で、負債比率は0%となります。総資産と総負債はそれぞれ$2.8Bと$1.5Bです。主要情報0%負債資本比率US$0負債インタレスト・カバレッジ・レシオn/a現金US$114.57mエクイティUS$1.31b負債合計US$1.52b総資産US$2.83b財務の健全性に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • Apr 15+ 1 more updatePaycor HCM, Inc.(NasdaqGS:PYCR) dropped from NASDAQ Composite IndexPaycor HCM, Inc. has been dropped from the NASDAQ Composite Index .Major Estimate Revision • Feb 13Consensus EPS estimates upgraded to US$0.12 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.159 to -US$0.12 per share. Revenue forecast steady at US$736.7m. Professional Services industry in the US expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at US$22.50. Share price was steady at US$22.18 over the past week.Reported Earnings • Feb 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.011 loss per share (improved from US$0.15 loss in 2Q 2024). Revenue: US$180.4m (up 13% from 2Q 2024). Net loss: US$2.05m (loss narrowed 92% from 2Q 2024). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 88%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Major Estimate Revision • Jan 12Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2025 has been updated. 2025 losses of -US$0.16 per share expected, vs -US$0.13 per share profit forecast previously. Revenue forecast reaffirmed at US$730.6m. Professional Services industry in the US expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at US$21.46. Share price rose 19% to US$22.15 over the past week.お知らせ • Jan 08Paychex, Inc. (NasdaqGS:PAYX) entered into a definitive agreement to acquire Paycor HCM, Inc. (NasdaqGS:PYCR) from Pride Aggregator, LP and others for $4.2 billion.Paychex, Inc. (NasdaqGS:PAYX) entered into a definitive agreement to acquire Paycor HCM, Inc. (NasdaqGS:PYCR) from Pride Aggregator, LP and others for $4.2 billion on January 07, 2025. Paychex agreed to acquire Paycor HCM in an all-cash transaction for $22.50 per share, representing an enterprise value of approximately $4.1 billion. Paychex has obtained committed financing to support the transaction, which is expected to be funded with incremental debt. The Acquisition is expected to close in the first half of calendar 2025, subject to satisfaction of regulatory approvals and other customary closing conditions. The definitive agreement has been unanimously approved by the Boards of Directors of both companies. Pride Aggregator, LP, an affiliate of Apax Partners LLP, currently owns 96.1 million of Paycor’s shares, representing a majority of Paycor’s outstanding common stock. Pride Aggregator, LP has approved the transaction by written consent. J.P. Morgan Securities LLC acting as the exclusive financial advisor to Paychex, and Phillip R. Mills, Malik M. Khalil, Ronan P. Harty, Robert F. Smith, Frank Azzopardi, Kyoko Takahashi Lin and Michael Mollerus of Davis Polk & Wardwell, LLC acting as legal advisor to Paychex. Goldman Sachs & Co. LLC acting as the exclusive financial advisor and fairness opinion provider to Paycor, and Willard S. Boothby, Maggie D. Flores, Steven M. Choi, Andrew Idrizovic, Robert Goedert, Kevin Frank, Sara B. Zablotney, Scott D. Price, Michael Krasnovsky, Jabir Yusoff, Ian G. John and Marin Boney of Kirkland & Ellis LLP acting as legal advisor to Paycor.分析記事 • Nov 26Paycor HCM, Inc.'s (NASDAQ:PYCR) P/S Is Still On The Mark Following 27% Share Price BounceThe Paycor HCM, Inc. ( NASDAQ:PYCR ) share price has done very well over the last month, posting an excellent gain of...Price Target Changed • Nov 07Price target increased by 7.4% to US$19.69Up from US$18.33, the current price target is an average from 16 analysts. New target price is 15% above last closing price of US$17.13. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of US$0.10 next year compared to a net loss per share of US$0.33 last year.Breakeven Date Change • Nov 07Forecast to breakeven in 2026The 16 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 88% to 2025. The company is expected to make a profit of US$34.5m in 2026. Average annual earnings growth of 160% is required to achieve expected profit on schedule.お知らせ • Nov 07Paycor HCM, Inc. Revises Earnings Guidance for the Year Ending June 30, 2025; Provides earnings guidance for the Second Quarter of Fiscal Year Ending December 31, 2024Paycor HCM, Inc. Provides earnings guidance for the second quarter ending December 31, 2024. For the quarter, the company expects total revenues in the range of $176.0-$178.0 million. For the year ending June 30, 2025, the company revised total revenues in the range of $726.0-$733.0 million.お知らせ • Nov 05Paycor Launches New AI-Powered Assistant to Boost ProductivityPaycor HCM, Inc. announced the release of Paycor Assistant, an AI-powered HR companion that gives customers an easier, faster, and more intuitive way to interact with and extend value from Paycor's solutions. Paycor Assistant is a unified, mobile-first touchpoint that enables users to search, navigate, and find answers through a simple, conversational interface. By enhancing the speed and effectiveness of responding to employees' HR-related questions, it saves time and significantly reduces administrative tasks, which empowers leaders to focus on more strategic objectives such as talent development and business performance. Key features of Paycor Assistant include: Intelligent Search: A chat-like experience that leverages contextual search to interpret requests and guide users directly to relevant actions within Paycor's suite, such as updating tax information or checking time-off balances. HR Assist: Ability to search and summarize company documents using generative AI to produce immediate answers to policy questions while providing direct links to source documentation for further exploration. Admin Insights: A comprehensive dashboard enables HR administrators to customize the way they measure the tool's impact on productivity by filtering usage data, frequently asked questions, and employee feedback. Paycor Assistant is another innovative AI solution that will continue to evolve with additional enhancements, enabling leaders to accomplish tasks more efficiently and effortlessly. This solution joins several existing AI innovations, including intelligent skills management, digital assistant, candidate sourcing, job description generation, and sentiment analysis in performance management and surveys. Paycor Assistant will be available to all customers in Spring 2025.お知らせ • Oct 29Paycor Launches Integration Platform to Transform ConnectivityPaycor HCM, Inc. announced the launch of its Integration Platform, offering flexible solutions to make connecting data and systems easier, especially for organizations who don’t have in-house IT or developer support. The platform enables customers to integrate their third-party HR software and business applications more efficiently, as well as drive better data accuracy and real-time availability. The Paycor Integration Platform comes at a critical time, as Finch reports half of HR professionals leverage seven or more employment systems and most of these applications are not integrated, leading to time-consuming manual workarounds, errors, and inefficiencies. Paycor’s Integration Platform offers three flexible ways to enhance connectivity: Paycor Marketplace: Provides access to over 320 pre-built connectors to HCM vendor partners, including vertical-specific market needs. Developer Services: Offers expert teams to scope, design, build and support custom integrations for clients, many of which are built in 10 days or less. Developer Tools: Supplies resources that make it easier for customers to build a range of integrations, data feeds and reports. The robust Developer Portal includes 140+ APIs, customizable templates and pre-built connectors to Paycor's reporting and data sharing tools.お知らせ • Oct 25Paycor HCM, Inc. Approves Election of Drury (Dru) Armstrong as DirectorPaycor HCM, Inc. announced that at its AGM held on October 23, 2024, shareholders approved the election of Drury (Dru) Armstrong as director, effective October 23, 2024. Ms. Armstrong brings a wealth of leadership experience to Paycor's board, currently serving as Chief Executive Officer of AffiniPay, a leading provider of practice management software, integrated payments, and embedded fintech solutions. Her expertise spans software-as-a-service (SaaS), embedded technology, and adjacent payment industries, aligning closely with Paycor’s current and potential growth strategies. With over 20 years of experience in the technology sector, Ms. Armstrong has proven success in building high-performing teams, driving product innovation and accelerating growth. She has been named a Top 25 Women Leader in PE-Backed Software Companies for 2024 by Calibre One and featured in American Banker's 2024 list of Most Influential Women in Fintech. Additionally, she is widely regarded as a thought leader on innovation, diversity, equity and inclusion, and verticalized software.Major Estimate Revision • Oct 20Consensus EPS estimates upgraded to US$0.11 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.16 per share to -US$0.113 per share. Revenue forecast reaffirmed at US$726.0m. Professional Services industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$18.33 unchanged from last update. Share price rose 8.1% to US$14.36 over the past week.分析記事 • Oct 17We Think Shareholders Are Less Likely To Approve A Pay Rise For Paycor HCM, Inc.'s (NASDAQ:PYCR) CEO For NowKey Insights Paycor HCM to hold its Annual General Meeting on 23rd of October Total pay for CEO Raul Villar includes...お知らせ • Oct 17Paycor HCM, Inc. to Report Q1, 2025 Results on Nov 06, 2024Paycor HCM, Inc. announced that they will report Q1, 2025 results After-Market on Nov 06, 2024Seeking Alpha • Oct 15Paycor's Growth Slows Amid Tepid Hiring Environment (Downgrade)Summary Paycor HCM provides human capital management software to organizations of all sizes. The firm's revenue growth is expected to slow from 19% to 13.6%, with a declining interest rate environment impacting interest income. Paycor's EV/Sales multiple of 3.2x is significantly lower than the SaaS industry median of 5.8x due to its slow growth and comparatively poor retention. Given tapering revenue growth, challenging operating results, and a slow hiring environment, my outlook on PYCR is bearish. Read the full article on Seeking Alpha分析記事 • Oct 08Shareholders Should Be Pleased With Paycor HCM, Inc.'s (NASDAQ:PYCR) PricePaycor HCM, Inc.'s ( NASDAQ:PYCR ) price-to-sales (or "P/S") ratio of 3.7x may look like a poor investment opportunity...お知らせ • Sep 27Paycor HCM, Inc., Annual General Meeting, Oct 23, 2024Paycor HCM, Inc., Annual General Meeting, Oct 23, 2024.お知らせ • Aug 29Paycor HCM, Inc. Appoints Tiffany Sieve as Chief Marketing OfficerPaycor HCM, Inc. announced the promotion of Tiffany Sieve to Chief Marketing Officer (CMO). Sieve will play a pivotal role in accelerating the company’s path to $1 billion in revenue by strengthening brand awareness, demand generation, product marketing, and customer retention through strategic communication channels. She also joins Paycor’s Executive Committee, reporting to Raul Villar, Jr., Chief Executive Officer (CEO). Sieve has transformed Paycor’s marketing function during her 10+ years at Paycor, leveraging data and technology to drive greater national brand awareness and more effective demand generation. In her most recent position as Senior Vice President, Marketing & Communications, Sieve and her team increased Paycor’s brand visibility through the Naming Rights partnership with Paycor Stadium, optimized Paycor.com to propel the company’s growth, and launched Paycor’s inaugural customer conference, Connect+. Outside of her role in marketing, Sieve is a co-founder of Paycor’s Women’s Inspiration Network employee resource group and serves on the boards of the Cincinnati American Heart Association and Adopt-A-Class.Reported Earnings • Aug 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: US$0.33 loss per share (improved from US$0.53 loss in FY 2023). Revenue: US$654.9m (up 19% from FY 2023). Net loss: US$58.9m (loss narrowed 37% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.Major Estimate Revision • Aug 21Consensus EPS estimates upgraded to US$0.18 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$738.2m to US$726.1m. 2025 losses expected to reduce from -US$0.272 to -US$0.182 per share. Professional Services industry in the US expected to see average net income growth of 25% next year. Consensus price target down from US$21.00 to US$18.24. Share price rose 15% to US$14.18 over the past week.Price Target Changed • Aug 15Price target decreased by 12% to US$18.41Down from US$21.00, the current price target is an average from 17 analysts. New target price is 33% above last closing price of US$13.83. Stock is down 37% over the past year. The company is forecast to post a net loss per share of US$0.19 next year compared to a net loss per share of US$0.33 last year.お知らせ • Aug 15Paycor HCM, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2024 and Fiscal Year Ending June 30, 2025Paycor HCM, Inc. provided earnings guidance for the first quarter ending September 30, 2024 and fiscal year ending June 30, 2025. For the quarter, the company expects total revenues in the range of $161 million - $163 million. For the year, the company expected total revenues in the range of $722 million - $729 million.お知らせ • Aug 08Paycor HCM, Inc. Announces the Release of Paycor Compensation ManagementPaycor HCM, Inc. announced the release of Paycor Compensation Management, a collaborative solution purpose-built for leaders who want to streamline compensation planning while engaging and retaining employees. The solution significantly reduces time-consuming, error-prone manual work and helps leaders motivate employees with pay transparency and Total Reward statements. In a recent survey of more than 7,000 professionals, Paycor found that compensation is among the top three reasons employees choose whether to stay at their current company or seek employment elsewhere. Paycor Compensation Management gives leaders insights into pay benchmarking, benefits, perks, career development and recognition programs that together make up an employee’s total rewards. These insights make leaders more confident when talking about compensation to potential job candidates and current employees, including those who may be flight risks. Paycor Compensation Management helps leaders stay within budget, manage pay cycles, and conduct efficient approval processes. With the solutions’ future view analytics, managers gain increased visibility into employee event timelines and can assess the impacts of proposed pay changes.お知らせ • Jul 18Paycor HCM, Inc. to Report Q4, 2024 Results on Aug 14, 2024Paycor HCM, Inc. announced that they will report Q4, 2024 results After-Market on Aug 14, 2024Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 18 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$32.1m in 2027. Average annual earnings growth of 53% is required to achieve expected profit on schedule.分析記事 • Jun 18Paycor HCM, Inc.'s (NASDAQ:PYCR) Popularity With Investors Is ClearPaycor HCM, Inc.'s ( NASDAQ:PYCR ) price-to-sales (or "P/S") ratio of 3.2x may not look like an appealing investment...Seeking Alpha • Jun 01Paycor HCM: Rating Downgrade On Poor Growth OutlookSummary Paycor HCM's revenue growth in 3Q24 was disappointing, leading to a downgrade in growth expectations. The company is facing challenges due to the difficult macroeconomic backdrop and a slowdown in headcount hiring. The impact of higher interest rates and slower headcount growth suggests slower growth ahead for Paycor HCM. Read the full article on Seeking AlphaPrice Target Changed • May 13Price target decreased by 9.5% to US$23.47Down from US$25.94, the current price target is an average from 17 analysts. New target price is 62% above last closing price of US$14.50. Stock is down 33% over the past year. The company is forecast to post a net loss per share of US$0.34 next year compared to a net loss per share of US$0.53 last year.お知らせ • May 10Paycor HCM, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the fourth quarter and fiscal year ending June 30, 2024. For the quarter, the company expects total revenues in the range of $160 million - $162 million.For the year, the company expects revenue guidance in the range of $650 million - $652 million, an increase of 18% year-over-year at the top end of the range.Reported Earnings • May 09Third quarter 2024 earnings released: EPS: US$0.035 (vs US$0.042 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.035 (up from US$0.042 loss in 3Q 2023). Revenue: US$187.0m (up 16% from 3Q 2023). Net income: US$6.19m (up US$13.5m from 3Q 2023). Profit margin: 3.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.お知らせ • May 03Paycor HCM, Inc. Launches COR Space and Paycor Skills to Drive Business PerformancePaycor HCM, Inc. announced the release of COR Space and Paycor Skills. The new tools will help HR and business leaders drive high business performance by enabling cross-functional collaboration and addressing skills gaps. COR Space enables teams to collaborate, communicate, and complete tasks on a centralized platform. In addition to facilitating efficient communication between teams, these tools enable leaders to visualize, manage, and provide recognition for employees outside of traditional organizational structures. As a result, businesses can better facilitate team alignment, enhance productivity, and maintain transparency, all of which help increase employee engagement and improve overall performance. With Paycor Skills, leaders can leverage artificial intelligence to address the ongoing worker shortage and manage their workforce's skills more effectively by providing insights to strategically upskill their people. This product automates the process of capturing new skills and suggests training opportunities to reduce time spent searching for top talent. Paycor Skills will help leaders fill talent gaps, build a culture of learning, align on company needs, and make informed decisions about talent management, all while reducing recruiting time and costs. COR Space and Paycor Skills will be available to customers in Summer 2024.Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Director Jeremy Rishel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.お知らせ • Apr 19Paycor HCM, Inc. to Report Q3, 2024 Results on May 08, 2024Paycor HCM, Inc. announced that they will report Q3, 2024 results After-Market on May 08, 2024分析記事 • Mar 22Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 99% Above Its Share PriceKey Insights The projected fair value for Paycor HCM is US$38.54 based on 2 Stage Free Cash Flow to Equity Paycor HCM...お知らせ • Mar 07+ 1 more updatePaycor HCM, Inc. has completed a Follow-on Equity Offering in the amount of $161.2 million.Paycor HCM, Inc. has completed a Follow-on Equity Offering in the amount of $161.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,000,000 Price\Range: $20.15Seeking Alpha • Feb 15Paycor: Initiate Buy Rating On Demand Recovery And Possible Guidance BeatSummary I see a 28% upside potential in its share price, driven by a recovery in demand and success in penetrating upmarket segments. The company provides cloud-based HR solutions for SMBs, improving productivity and centralizing data management. PYCR's recent financial results exceeded expectations, and management's positive comments on demand and upmarket penetration support long-term growth prospects. Read the full article on Seeking Alpha分析記事 • Feb 09Investors Interested In Paycor HCM, Inc.'s (NASDAQ:PYCR) RevenuesWhen close to half the companies in the Professional Services industry in the United States have price-to-sales ratios...Reported Earnings • Feb 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: US$0.15 loss per share (improved from US$0.16 loss in 2Q 2023). Revenue: US$159.5m (up 20% from 2Q 2023). Net loss: US$26.2m (loss narrowed 4.4% from 2Q 2023). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the US.お知らせ • Feb 08+ 1 more updatePaycor HCM, Inc. Raises Earnings Guidance for the Fiscal Year Ending June 30, 2024Paycor HCM, Inc. raised earnings guidance for the fiscal year ending June 30, 2024. For the year, the company expects revenue guidance to $650 million - $656 million, an increase of 19% year-over-year at the top end of the range.お知らせ • Feb 06Paycor Launches Pay Benchmarking and Labor Forecasting ToolsPaycor HCM, Inc. announced the release of two new offerings, Pay Benchmarking and Labor Forecasting. The new offerings will help HR and business leaders make more informed compensation decisions and enhance workforce planning. Businesses face a myriad of challenges, including managing labor demands, ensuring pay equity, and retaining top talent, all while striving to scale efficiently. Arming leaders with data-driven analytics empowers them to optimize key business decisions that unlock efficiencies, improve customer service and foster greater employee engagement. By leveraging Pay Benchmarking, leaders can optimize compensation strategies and pay decisions based on industry standards and market data. In partnership with Visier, Paycor is providing regularly refreshed salary data for approximately 10 million jobs across the U.S. to give leaders greater confidence employees are being paid fairly and new offers are being extended at competitive rates. Additionally, with Labor Forecasting, businesses can create optimal staffing schedules based on key demand drivers such as revenue, sales volume or customer traffic. This new solution meaningfully improves leader's ability to efficiently manage their staffing levels while providing customers with the best service possible.お知らせ • Jan 24Paycor HCM, Inc. Promotes Ryan Bergstrom to Chief Product & Technology OfficerPaycor HCM, Inc. announced the promotion of Ryan Bergstrom to Chief Product & Technology Officer (CPTO), effective immediately. The new role will integrate Paycor's product and technology functions, enabling the Company to usher in the next generation of HCM advancements that empower leaders to build winning teams. Since joining Paycor in 2018, Ryan has been vital in driving the Company's growth and shaping the HCM suite into the market leader it is today. Ryan has two decades of product management experience in the HCM industry, creating and executing technology roadmaps that resonate with customers and achieve organizational goals. Leveraging his proven record of success and leadership, he will continue to collaborate cross functionally to define and execute the company's product vision.お知らせ • Jan 18Paycor HCM, Inc. to Report Q2, 2024 Results on Feb 07, 2024Paycor HCM, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2024Major Estimate Revision • Dec 11Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.335 to -US$0.385 per share. Revenue forecast of US$652.7m unchanged since last update. Professional Services industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$26.69 unchanged from last update. Share price fell 3.8% to US$21.25 over the past week.お知らせ • Dec 07Paycor HCM, Inc. has filed a Follow-on Equity Offering.Paycor HCM, Inc. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 5,000,000Recent Insider Transactions Derivative • Dec 07Chief Financial Officer notifies of intention to sell stockAdam Ante intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$21.21, it would amount to US$424k. Since March 2023, Adam's direct individual holding has increased from 152.92k shares to 261.54k. Company insiders have collectively bought US$260k more than they sold, via options and on-market transactions, in the last 12 months.お知らせ • Nov 10Paycor HCM, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2023 and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the second quarter ending December 31, 2023 and fiscal year ending June 30, 2024. For the quarter, the company expects total revenues to be in the range of $154.5 million to $156.5 million or 18% growth at the high end of the range.For the full year, the company expects total revenues to be in the range of $648 million to $654 million, an increase of 18% year-over-year at the top end of the range. Based on current rates, the company expects interest income to be in the range of $44 million to $45 million.Reported Earnings • Nov 10First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.12 loss per share (improved from US$0.17 loss in 1Q 2023). Revenue: US$143.6m (up 21% from 1Q 2023). Net loss: US$20.6m (loss narrowed 29% from 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in the US.お知らせ • Oct 19+ 1 more updatePaycor HCM, Inc. to Report Q1, 2024 Results on Nov 08, 2023Paycor HCM, Inc. announced that they will report Q1, 2024 results After-Market on Nov 08, 2023Price Target Changed • Oct 18Price target decreased by 7.1% to US$28.00Down from US$30.13, the current price target is an average from 16 analysts. New target price is 11% above last closing price of US$25.31. Stock is down 15% over the past year. The company is forecast to post a net loss per share of US$0.31 next year compared to a net loss per share of US$0.53 last year.分析記事 • Sep 27Estimating The Fair Value Of Paycor HCM, Inc. (NASDAQ:PYCR)Key Insights Paycor HCM's estimated fair value is US$20.30 based on 2 Stage Free Cash Flow to Equity With US$21.89...お知らせ • Sep 15Paycor HCM, Inc., Annual General Meeting, Oct 31, 2023Paycor HCM, Inc., Annual General Meeting, Oct 31, 2023, at 10:00 Eastern Standard Time. Agenda: To elect three nominees identified in the accompanying proxy statement to serve as Class II directors, as recommended by the Nominating and Governance Committee of the Board; to approve, on an advisory and non-binding basis, the compensation of Paycor’s named executive officers, as disclosed in the accompanying proxy statement; to approve, on an advisory and non-binding basis, the frequency of future stockholder advisory votes on executive compensation; to ratify the appointment of Ernst & Young LLP as Paycor’s independent registered public accounting firm for the fiscal year ending June 30, 2024; and to transact other business as may properly come before the meeting or any adjournment of the meeting.Major Estimate Revision • Aug 23Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.259 to -US$0.311 per share. Revenue forecast unchanged at US$649.3m. Professional Services industry in the US expected to see average net income growth of 13% next year. Consensus price target down from US$30.13 to US$28.00. Share price fell 3.7% to US$22.10 over the past week.New Risk • Aug 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$93m Forecast net loss in 3 years: US$8.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.Price Target Changed • Aug 18Price target decreased by 7.1% to US$28.00Down from US$30.13, the current price target is an average from 17 analysts. New target price is 26% above last closing price of US$22.25. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$0.31 next year compared to a net loss per share of US$0.53 last year.Breakeven Date Change • Aug 18Forecast to breakeven in 2026The 17 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 34% per year to 2025. The company is expected to make a profit of US$8.46m in 2026. Average annual earnings growth of 54% is required to achieve expected profit on schedule.お知らせ • Aug 17Paycor HCM, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2023 and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the first quarter ending September 30, 2023 and fiscal year ending June 30, 2024. For the quarter, the company expected total revenues in the range of $138 million - $140 million.For the year, the company expected total revenues in the range of $644 million - $650 million.分析記事 • Aug 03What You Can Learn From Paycor HCM, Inc.'s (NASDAQ:PYCR) P/SWhen you see that almost half of the companies in the Professional Services industry in the United States have...お知らせ • Jul 22Paycor HCM, Inc. to Report Q4, 2023 Results on Aug 16, 2023Paycor HCM, Inc. announced that they will report Q4, 2023 results After-Market on Aug 16, 2023お知らせ • Jun 02Paycor Strengthens Talent Platform with AI-Generated Job Description Feature Powered by Microsoft Azure OpenAI ServicePaycor HCM, Inc. announced the release of its new AI-generated Job Descriptions tool powered by Microsoft Azure's OpenAI Service. Coupled with Paycor Smart Sourcing, the new feature helps optimize talent acquisition by sourcing high-quality and diverse candidates. Developing job descriptions is a time-consuming, manual process that can take leaders hours to create. Paycor's new offering is projected to reduce time required to generate a job description by at least 90%. With the current competitive landscape, organizations are struggling to hire and retain top talent, making the creation of job descriptions that are engaging even more critical for success, as 52% of job seekers say the quality of a job description is very or extremely influential on their decision to move forward with applying. In addition to further reducing time to source and hire quality candidates, Paycor's new offering also helps companies retain talent. 43% of people say their role doesn't meet the expectations that had been set. Starting the hiring process with a performant job description allows the right talent to apply with clear roles and responsibilities outlined, ultimately leading to better engagement through the employee lifecycle.分析記事 • May 29Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 22% Below Its Share PriceKey Insights Paycor HCM's estimated fair value is US$16.61 based on 2 Stage Free Cash Flow to Equity Paycor HCM's...Recent Insider Transactions • May 26Independent Director recently bought US$67k worth of stockOn the 23rd of May, Scott Miller bought around 3k shares on-market at roughly US$22.19 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$286k more in shares than they have sold in the last 12 months.お知らせ • May 12Paycor HCM, Inc. Provides Earnings Guidance for the Fourth Quarter and Ended Fiscal Year Ending June 30, 2023Paycor HCM, Inc. provided earnings guidance for the fourth quarter and ended fiscal year ending June 30, 2023. For the fourth quarter ending June 30, 2023, the company expects total revenues in the range of $135 million - $137 million. Fiscal Year Ending June 30, 2023, the company expects total revenues in the range of $548 million - $550 million.Price Target Changed • May 11Price target decreased by 8.6% to US$30.47Down from US$33.33, the current price target is an average from 15 analysts. New target price is 45% above last closing price of US$21.08. Stock is down 2.6% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.69 last year.分析記事 • Feb 28Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 23% Below Its Share PriceKey Insights The projected fair value for Paycor HCM is US$19.48 based on 2 Stage Free Cash Flow to Equity Current...Recent Insider Transactions • Feb 17Independent Director recently bought US$76k worth of stockOn the 10th of February, Scott Miller bought around 3k shares on-market at roughly US$25.21 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$219k more in shares than they have sold in the last 12 months.Reported Earnings • Feb 09Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.16 loss per share (further deteriorated from US$0.15 loss in 2Q 2022). Revenue: US$132.9m (up 29% from 2Q 2022). Net loss: US$27.5m (loss widened 7.9% from 2Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.お知らせ • Feb 09+ 1 more updatePaycor HCM, Inc. Revises Earnings Guidance for the Fiscal Year Ending June 30, 2023Paycor HCM, Inc. revised earnings guidance for the fiscal year ending June 30, 2023. For the year, the company’s total revenues in the range of $539 million to $545 million, raises fiscal year 2023 revenue guidance of $11 million.お知らせ • Feb 08Paycor HCM, Inc. Releases COR Leadership DashboardPaycor HCM, Inc. announced the release of the COR Leadership Dashboard. The new offering provides people leaders with actionable data based on scores about leadership effectiveness to drive engagement and maximize performance. frontline leaders have a disproportionate effect on an employee's engagement. Paycor previously introduced the COR Leadership Framework to inspire companies to invest in effective frontline leaders to help attract and retain a premier workforce. The COR Leadership Dashboard, the latest addition to the framework, surfaces real-time insights on relevant employee data trends and evaluates leadership effectiveness. A new leadership survey in Paycor Pulse gathers feedback from direct reports on how well their manager coaches, optimizes and engages their team and provides a baseline score of leader effectiveness. Results are put through native natural language processing and sentiment analysis engines to quickly categorize unstructured feedback by theme and positive/negative sentiment, so leaders do not have to spend time manually parsing results. Those scores are populated in the COR Leadership Dashboard to surface opportunities for career development alongside real-time employee data to help identify areas that may require their immediate attention. Leader effectiveness is evaluated on three attributes: Coach: Investing in individual employees to help them uncover their career aspirations and ensure they understand their alignment to the company mission and strategic objectives. Optimize: Ensuring employees are meeting team and individual objectives by inspiring personal and team accountability. Retain: Incentivizing employees in a holistic way that makes them feel authentically valued.お知らせ • Jan 12Paycor HCM, Inc. to Report Q2, 2023 Results on Feb 08, 2023Paycor HCM, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2023Recent Insider Transactions • Dec 10Independent Director recently bought US$69k worth of stockOn the 6th of December, Scott Miller bought around 3k shares on-market at roughly US$25.47 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$143k more in shares than they have sold in the last 12 months.Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jeremy Rishel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 03First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: US$0.17 loss per share (improved from US$0.32 loss in 1Q 2022). Revenue: US$118.3m (up 28% from 1Q 2022). Net loss: US$29.1m (loss narrowed 46% from 1Q 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.財務状況分析短期負債: PYCRの 短期資産 ( $1.6B ) が 短期負債 ( $1.4B ) を超えています。長期負債: PYCRの短期資産 ( $1.6B ) が 長期負債 ( $91.5M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: PYCRは負債がありません。負債の削減: PYCR負債比率が1.9%であった 5 年前と比べて負債がありません。貸借対照表キャッシュ・ランウェイ分析過去に平均して赤字であった企業については、少なくとも1年間のキャッシュ・ランウェイがあるかどうかを評価する。安定したキャッシュランウェイ: 利益は出ていないものの、 PYCRは現在のプラスの フリーキャッシュフロー レベルを維持すれば、3 年以上は十分な キャッシュランウェイ を有しています。キャッシュランウェイの予測: PYCRは利益は出ていませんが、フリーキャッシュフローがプラスであり、年間47.4 % 増加しているため、3 年以上は十分なキャッシュランウェイがあります。健全な企業の発掘7D1Y7D1Y7D1YCommercial-services 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2025/04/15 07:21終値2025/04/11 00:00収益2024/12/31年間収益2024/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Paycor HCM, Inc. 14 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。3 アナリスト機関Matthew VanVlietBTIGRobert SimmonsD.A. Davidson & Co.Gabriela BorgesGoldman Sachs
お知らせ • Apr 15+ 1 more updatePaycor HCM, Inc.(NasdaqGS:PYCR) dropped from NASDAQ Composite IndexPaycor HCM, Inc. has been dropped from the NASDAQ Composite Index .
Major Estimate Revision • Feb 13Consensus EPS estimates upgraded to US$0.12 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.159 to -US$0.12 per share. Revenue forecast steady at US$736.7m. Professional Services industry in the US expected to see average net income growth of 17% next year. Consensus price target broadly unchanged at US$22.50. Share price was steady at US$22.18 over the past week.
Reported Earnings • Feb 06Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: US$0.011 loss per share (improved from US$0.15 loss in 2Q 2024). Revenue: US$180.4m (up 13% from 2Q 2024). Net loss: US$2.05m (loss narrowed 92% from 2Q 2024). Revenue exceeded analyst estimates by 1.8%. Earnings per share (EPS) also surpassed analyst estimates by 88%. Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the US. Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Jan 12Consensus EPS estimates fall by 23%The consensus outlook for fiscal year 2025 has been updated. 2025 losses of -US$0.16 per share expected, vs -US$0.13 per share profit forecast previously. Revenue forecast reaffirmed at US$730.6m. Professional Services industry in the US expected to see average net income growth of 18% next year. Consensus price target broadly unchanged at US$21.46. Share price rose 19% to US$22.15 over the past week.
お知らせ • Jan 08Paychex, Inc. (NasdaqGS:PAYX) entered into a definitive agreement to acquire Paycor HCM, Inc. (NasdaqGS:PYCR) from Pride Aggregator, LP and others for $4.2 billion.Paychex, Inc. (NasdaqGS:PAYX) entered into a definitive agreement to acquire Paycor HCM, Inc. (NasdaqGS:PYCR) from Pride Aggregator, LP and others for $4.2 billion on January 07, 2025. Paychex agreed to acquire Paycor HCM in an all-cash transaction for $22.50 per share, representing an enterprise value of approximately $4.1 billion. Paychex has obtained committed financing to support the transaction, which is expected to be funded with incremental debt. The Acquisition is expected to close in the first half of calendar 2025, subject to satisfaction of regulatory approvals and other customary closing conditions. The definitive agreement has been unanimously approved by the Boards of Directors of both companies. Pride Aggregator, LP, an affiliate of Apax Partners LLP, currently owns 96.1 million of Paycor’s shares, representing a majority of Paycor’s outstanding common stock. Pride Aggregator, LP has approved the transaction by written consent. J.P. Morgan Securities LLC acting as the exclusive financial advisor to Paychex, and Phillip R. Mills, Malik M. Khalil, Ronan P. Harty, Robert F. Smith, Frank Azzopardi, Kyoko Takahashi Lin and Michael Mollerus of Davis Polk & Wardwell, LLC acting as legal advisor to Paychex. Goldman Sachs & Co. LLC acting as the exclusive financial advisor and fairness opinion provider to Paycor, and Willard S. Boothby, Maggie D. Flores, Steven M. Choi, Andrew Idrizovic, Robert Goedert, Kevin Frank, Sara B. Zablotney, Scott D. Price, Michael Krasnovsky, Jabir Yusoff, Ian G. John and Marin Boney of Kirkland & Ellis LLP acting as legal advisor to Paycor.
分析記事 • Nov 26Paycor HCM, Inc.'s (NASDAQ:PYCR) P/S Is Still On The Mark Following 27% Share Price BounceThe Paycor HCM, Inc. ( NASDAQ:PYCR ) share price has done very well over the last month, posting an excellent gain of...
Price Target Changed • Nov 07Price target increased by 7.4% to US$19.69Up from US$18.33, the current price target is an average from 16 analysts. New target price is 15% above last closing price of US$17.13. Stock is down 8.1% over the past year. The company is forecast to post earnings per share of US$0.10 next year compared to a net loss per share of US$0.33 last year.
Breakeven Date Change • Nov 07Forecast to breakeven in 2026The 16 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 88% to 2025. The company is expected to make a profit of US$34.5m in 2026. Average annual earnings growth of 160% is required to achieve expected profit on schedule.
お知らせ • Nov 07Paycor HCM, Inc. Revises Earnings Guidance for the Year Ending June 30, 2025; Provides earnings guidance for the Second Quarter of Fiscal Year Ending December 31, 2024Paycor HCM, Inc. Provides earnings guidance for the second quarter ending December 31, 2024. For the quarter, the company expects total revenues in the range of $176.0-$178.0 million. For the year ending June 30, 2025, the company revised total revenues in the range of $726.0-$733.0 million.
お知らせ • Nov 05Paycor Launches New AI-Powered Assistant to Boost ProductivityPaycor HCM, Inc. announced the release of Paycor Assistant, an AI-powered HR companion that gives customers an easier, faster, and more intuitive way to interact with and extend value from Paycor's solutions. Paycor Assistant is a unified, mobile-first touchpoint that enables users to search, navigate, and find answers through a simple, conversational interface. By enhancing the speed and effectiveness of responding to employees' HR-related questions, it saves time and significantly reduces administrative tasks, which empowers leaders to focus on more strategic objectives such as talent development and business performance. Key features of Paycor Assistant include: Intelligent Search: A chat-like experience that leverages contextual search to interpret requests and guide users directly to relevant actions within Paycor's suite, such as updating tax information or checking time-off balances. HR Assist: Ability to search and summarize company documents using generative AI to produce immediate answers to policy questions while providing direct links to source documentation for further exploration. Admin Insights: A comprehensive dashboard enables HR administrators to customize the way they measure the tool's impact on productivity by filtering usage data, frequently asked questions, and employee feedback. Paycor Assistant is another innovative AI solution that will continue to evolve with additional enhancements, enabling leaders to accomplish tasks more efficiently and effortlessly. This solution joins several existing AI innovations, including intelligent skills management, digital assistant, candidate sourcing, job description generation, and sentiment analysis in performance management and surveys. Paycor Assistant will be available to all customers in Spring 2025.
お知らせ • Oct 29Paycor Launches Integration Platform to Transform ConnectivityPaycor HCM, Inc. announced the launch of its Integration Platform, offering flexible solutions to make connecting data and systems easier, especially for organizations who don’t have in-house IT or developer support. The platform enables customers to integrate their third-party HR software and business applications more efficiently, as well as drive better data accuracy and real-time availability. The Paycor Integration Platform comes at a critical time, as Finch reports half of HR professionals leverage seven or more employment systems and most of these applications are not integrated, leading to time-consuming manual workarounds, errors, and inefficiencies. Paycor’s Integration Platform offers three flexible ways to enhance connectivity: Paycor Marketplace: Provides access to over 320 pre-built connectors to HCM vendor partners, including vertical-specific market needs. Developer Services: Offers expert teams to scope, design, build and support custom integrations for clients, many of which are built in 10 days or less. Developer Tools: Supplies resources that make it easier for customers to build a range of integrations, data feeds and reports. The robust Developer Portal includes 140+ APIs, customizable templates and pre-built connectors to Paycor's reporting and data sharing tools.
お知らせ • Oct 25Paycor HCM, Inc. Approves Election of Drury (Dru) Armstrong as DirectorPaycor HCM, Inc. announced that at its AGM held on October 23, 2024, shareholders approved the election of Drury (Dru) Armstrong as director, effective October 23, 2024. Ms. Armstrong brings a wealth of leadership experience to Paycor's board, currently serving as Chief Executive Officer of AffiniPay, a leading provider of practice management software, integrated payments, and embedded fintech solutions. Her expertise spans software-as-a-service (SaaS), embedded technology, and adjacent payment industries, aligning closely with Paycor’s current and potential growth strategies. With over 20 years of experience in the technology sector, Ms. Armstrong has proven success in building high-performing teams, driving product innovation and accelerating growth. She has been named a Top 25 Women Leader in PE-Backed Software Companies for 2024 by Calibre One and featured in American Banker's 2024 list of Most Influential Women in Fintech. Additionally, she is widely regarded as a thought leader on innovation, diversity, equity and inclusion, and verticalized software.
Major Estimate Revision • Oct 20Consensus EPS estimates upgraded to US$0.11 lossThe consensus outlook for fiscal year 2025 has been updated. 2025 losses forecast to reduce from -US$0.16 per share to -US$0.113 per share. Revenue forecast reaffirmed at US$726.0m. Professional Services industry in the US expected to see average net income growth of 25% next year. Consensus price target of US$18.33 unchanged from last update. Share price rose 8.1% to US$14.36 over the past week.
分析記事 • Oct 17We Think Shareholders Are Less Likely To Approve A Pay Rise For Paycor HCM, Inc.'s (NASDAQ:PYCR) CEO For NowKey Insights Paycor HCM to hold its Annual General Meeting on 23rd of October Total pay for CEO Raul Villar includes...
お知らせ • Oct 17Paycor HCM, Inc. to Report Q1, 2025 Results on Nov 06, 2024Paycor HCM, Inc. announced that they will report Q1, 2025 results After-Market on Nov 06, 2024
Seeking Alpha • Oct 15Paycor's Growth Slows Amid Tepid Hiring Environment (Downgrade)Summary Paycor HCM provides human capital management software to organizations of all sizes. The firm's revenue growth is expected to slow from 19% to 13.6%, with a declining interest rate environment impacting interest income. Paycor's EV/Sales multiple of 3.2x is significantly lower than the SaaS industry median of 5.8x due to its slow growth and comparatively poor retention. Given tapering revenue growth, challenging operating results, and a slow hiring environment, my outlook on PYCR is bearish. Read the full article on Seeking Alpha
分析記事 • Oct 08Shareholders Should Be Pleased With Paycor HCM, Inc.'s (NASDAQ:PYCR) PricePaycor HCM, Inc.'s ( NASDAQ:PYCR ) price-to-sales (or "P/S") ratio of 3.7x may look like a poor investment opportunity...
お知らせ • Sep 27Paycor HCM, Inc., Annual General Meeting, Oct 23, 2024Paycor HCM, Inc., Annual General Meeting, Oct 23, 2024.
お知らせ • Aug 29Paycor HCM, Inc. Appoints Tiffany Sieve as Chief Marketing OfficerPaycor HCM, Inc. announced the promotion of Tiffany Sieve to Chief Marketing Officer (CMO). Sieve will play a pivotal role in accelerating the company’s path to $1 billion in revenue by strengthening brand awareness, demand generation, product marketing, and customer retention through strategic communication channels. She also joins Paycor’s Executive Committee, reporting to Raul Villar, Jr., Chief Executive Officer (CEO). Sieve has transformed Paycor’s marketing function during her 10+ years at Paycor, leveraging data and technology to drive greater national brand awareness and more effective demand generation. In her most recent position as Senior Vice President, Marketing & Communications, Sieve and her team increased Paycor’s brand visibility through the Naming Rights partnership with Paycor Stadium, optimized Paycor.com to propel the company’s growth, and launched Paycor’s inaugural customer conference, Connect+. Outside of her role in marketing, Sieve is a co-founder of Paycor’s Women’s Inspiration Network employee resource group and serves on the boards of the Cincinnati American Heart Association and Adopt-A-Class.
Reported Earnings • Aug 25Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: US$0.33 loss per share (improved from US$0.53 loss in FY 2023). Revenue: US$654.9m (up 19% from FY 2023). Net loss: US$58.9m (loss narrowed 37% from FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.2%. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 6.2% growth forecast for the Professional Services industry in the US. Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings.
Major Estimate Revision • Aug 21Consensus EPS estimates upgraded to US$0.18 loss, revenue downgradedThe consensus outlook for fiscal year 2025 has been updated. 2025 revenue forecast fell from US$738.2m to US$726.1m. 2025 losses expected to reduce from -US$0.272 to -US$0.182 per share. Professional Services industry in the US expected to see average net income growth of 25% next year. Consensus price target down from US$21.00 to US$18.24. Share price rose 15% to US$14.18 over the past week.
Price Target Changed • Aug 15Price target decreased by 12% to US$18.41Down from US$21.00, the current price target is an average from 17 analysts. New target price is 33% above last closing price of US$13.83. Stock is down 37% over the past year. The company is forecast to post a net loss per share of US$0.19 next year compared to a net loss per share of US$0.33 last year.
お知らせ • Aug 15Paycor HCM, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2024 and Fiscal Year Ending June 30, 2025Paycor HCM, Inc. provided earnings guidance for the first quarter ending September 30, 2024 and fiscal year ending June 30, 2025. For the quarter, the company expects total revenues in the range of $161 million - $163 million. For the year, the company expected total revenues in the range of $722 million - $729 million.
お知らせ • Aug 08Paycor HCM, Inc. Announces the Release of Paycor Compensation ManagementPaycor HCM, Inc. announced the release of Paycor Compensation Management, a collaborative solution purpose-built for leaders who want to streamline compensation planning while engaging and retaining employees. The solution significantly reduces time-consuming, error-prone manual work and helps leaders motivate employees with pay transparency and Total Reward statements. In a recent survey of more than 7,000 professionals, Paycor found that compensation is among the top three reasons employees choose whether to stay at their current company or seek employment elsewhere. Paycor Compensation Management gives leaders insights into pay benchmarking, benefits, perks, career development and recognition programs that together make up an employee’s total rewards. These insights make leaders more confident when talking about compensation to potential job candidates and current employees, including those who may be flight risks. Paycor Compensation Management helps leaders stay within budget, manage pay cycles, and conduct efficient approval processes. With the solutions’ future view analytics, managers gain increased visibility into employee event timelines and can assess the impacts of proposed pay changes.
お知らせ • Jul 18Paycor HCM, Inc. to Report Q4, 2024 Results on Aug 14, 2024Paycor HCM, Inc. announced that they will report Q4, 2024 results After-Market on Aug 14, 2024
Breakeven Date Change • Jun 30Forecast to breakeven in 2027The 18 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$32.1m in 2027. Average annual earnings growth of 53% is required to achieve expected profit on schedule.
分析記事 • Jun 18Paycor HCM, Inc.'s (NASDAQ:PYCR) Popularity With Investors Is ClearPaycor HCM, Inc.'s ( NASDAQ:PYCR ) price-to-sales (or "P/S") ratio of 3.2x may not look like an appealing investment...
Seeking Alpha • Jun 01Paycor HCM: Rating Downgrade On Poor Growth OutlookSummary Paycor HCM's revenue growth in 3Q24 was disappointing, leading to a downgrade in growth expectations. The company is facing challenges due to the difficult macroeconomic backdrop and a slowdown in headcount hiring. The impact of higher interest rates and slower headcount growth suggests slower growth ahead for Paycor HCM. Read the full article on Seeking Alpha
Price Target Changed • May 13Price target decreased by 9.5% to US$23.47Down from US$25.94, the current price target is an average from 17 analysts. New target price is 62% above last closing price of US$14.50. Stock is down 33% over the past year. The company is forecast to post a net loss per share of US$0.34 next year compared to a net loss per share of US$0.53 last year.
お知らせ • May 10Paycor HCM, Inc. Provides Earnings Guidance for the Fourth Quarter and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the fourth quarter and fiscal year ending June 30, 2024. For the quarter, the company expects total revenues in the range of $160 million - $162 million.For the year, the company expects revenue guidance in the range of $650 million - $652 million, an increase of 18% year-over-year at the top end of the range.
Reported Earnings • May 09Third quarter 2024 earnings released: EPS: US$0.035 (vs US$0.042 loss in 3Q 2023)Third quarter 2024 results: EPS: US$0.035 (up from US$0.042 loss in 3Q 2023). Revenue: US$187.0m (up 16% from 3Q 2023). Net income: US$6.19m (up US$13.5m from 3Q 2023). Profit margin: 3.3% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Professional Services industry in the US.
お知らせ • May 03Paycor HCM, Inc. Launches COR Space and Paycor Skills to Drive Business PerformancePaycor HCM, Inc. announced the release of COR Space and Paycor Skills. The new tools will help HR and business leaders drive high business performance by enabling cross-functional collaboration and addressing skills gaps. COR Space enables teams to collaborate, communicate, and complete tasks on a centralized platform. In addition to facilitating efficient communication between teams, these tools enable leaders to visualize, manage, and provide recognition for employees outside of traditional organizational structures. As a result, businesses can better facilitate team alignment, enhance productivity, and maintain transparency, all of which help increase employee engagement and improve overall performance. With Paycor Skills, leaders can leverage artificial intelligence to address the ongoing worker shortage and manage their workforce's skills more effectively by providing insights to strategically upskill their people. This product automates the process of capturing new skills and suggests training opportunities to reduce time spent searching for top talent. Paycor Skills will help leaders fill talent gaps, build a culture of learning, align on company needs, and make informed decisions about talent management, all while reducing recruiting time and costs. COR Space and Paycor Skills will be available to customers in Summer 2024.
Board Change • May 01Insufficient new directorsThere is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Director Jeremy Rishel was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model.
お知らせ • Apr 19Paycor HCM, Inc. to Report Q3, 2024 Results on May 08, 2024Paycor HCM, Inc. announced that they will report Q3, 2024 results After-Market on May 08, 2024
分析記事 • Mar 22Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 99% Above Its Share PriceKey Insights The projected fair value for Paycor HCM is US$38.54 based on 2 Stage Free Cash Flow to Equity Paycor HCM...
お知らせ • Mar 07+ 1 more updatePaycor HCM, Inc. has completed a Follow-on Equity Offering in the amount of $161.2 million.Paycor HCM, Inc. has completed a Follow-on Equity Offering in the amount of $161.2 million. Security Name: Common Stock Security Type: Common Stock Securities Offered: 8,000,000 Price\Range: $20.15
Seeking Alpha • Feb 15Paycor: Initiate Buy Rating On Demand Recovery And Possible Guidance BeatSummary I see a 28% upside potential in its share price, driven by a recovery in demand and success in penetrating upmarket segments. The company provides cloud-based HR solutions for SMBs, improving productivity and centralizing data management. PYCR's recent financial results exceeded expectations, and management's positive comments on demand and upmarket penetration support long-term growth prospects. Read the full article on Seeking Alpha
分析記事 • Feb 09Investors Interested In Paycor HCM, Inc.'s (NASDAQ:PYCR) RevenuesWhen close to half the companies in the Professional Services industry in the United States have price-to-sales ratios...
Reported Earnings • Feb 08Second quarter 2024 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2024 results: US$0.15 loss per share (improved from US$0.16 loss in 2Q 2023). Revenue: US$159.5m (up 20% from 2Q 2023). Net loss: US$26.2m (loss narrowed 4.4% from 2Q 2023). Revenue exceeded analyst estimates by 2.4%. Earnings per share (EPS) missed analyst estimates by 30%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Professional Services industry in the US.
お知らせ • Feb 08+ 1 more updatePaycor HCM, Inc. Raises Earnings Guidance for the Fiscal Year Ending June 30, 2024Paycor HCM, Inc. raised earnings guidance for the fiscal year ending June 30, 2024. For the year, the company expects revenue guidance to $650 million - $656 million, an increase of 19% year-over-year at the top end of the range.
お知らせ • Feb 06Paycor Launches Pay Benchmarking and Labor Forecasting ToolsPaycor HCM, Inc. announced the release of two new offerings, Pay Benchmarking and Labor Forecasting. The new offerings will help HR and business leaders make more informed compensation decisions and enhance workforce planning. Businesses face a myriad of challenges, including managing labor demands, ensuring pay equity, and retaining top talent, all while striving to scale efficiently. Arming leaders with data-driven analytics empowers them to optimize key business decisions that unlock efficiencies, improve customer service and foster greater employee engagement. By leveraging Pay Benchmarking, leaders can optimize compensation strategies and pay decisions based on industry standards and market data. In partnership with Visier, Paycor is providing regularly refreshed salary data for approximately 10 million jobs across the U.S. to give leaders greater confidence employees are being paid fairly and new offers are being extended at competitive rates. Additionally, with Labor Forecasting, businesses can create optimal staffing schedules based on key demand drivers such as revenue, sales volume or customer traffic. This new solution meaningfully improves leader's ability to efficiently manage their staffing levels while providing customers with the best service possible.
お知らせ • Jan 24Paycor HCM, Inc. Promotes Ryan Bergstrom to Chief Product & Technology OfficerPaycor HCM, Inc. announced the promotion of Ryan Bergstrom to Chief Product & Technology Officer (CPTO), effective immediately. The new role will integrate Paycor's product and technology functions, enabling the Company to usher in the next generation of HCM advancements that empower leaders to build winning teams. Since joining Paycor in 2018, Ryan has been vital in driving the Company's growth and shaping the HCM suite into the market leader it is today. Ryan has two decades of product management experience in the HCM industry, creating and executing technology roadmaps that resonate with customers and achieve organizational goals. Leveraging his proven record of success and leadership, he will continue to collaborate cross functionally to define and execute the company's product vision.
お知らせ • Jan 18Paycor HCM, Inc. to Report Q2, 2024 Results on Feb 07, 2024Paycor HCM, Inc. announced that they will report Q2, 2024 results at 4:00 PM, US Eastern Standard Time on Feb 07, 2024
Major Estimate Revision • Dec 11Consensus EPS estimates fall by 15%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.335 to -US$0.385 per share. Revenue forecast of US$652.7m unchanged since last update. Professional Services industry in the US expected to see average net income growth of 15% next year. Consensus price target of US$26.69 unchanged from last update. Share price fell 3.8% to US$21.25 over the past week.
お知らせ • Dec 07Paycor HCM, Inc. has filed a Follow-on Equity Offering.Paycor HCM, Inc. has filed a Follow-on Equity Offering. Security Name: Common Stock Security Type: Common Stock Securities Offered: 5,000,000
Recent Insider Transactions Derivative • Dec 07Chief Financial Officer notifies of intention to sell stockAdam Ante intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 1st of December. If the sale is conducted around the recent share price of US$21.21, it would amount to US$424k. Since March 2023, Adam's direct individual holding has increased from 152.92k shares to 261.54k. Company insiders have collectively bought US$260k more than they sold, via options and on-market transactions, in the last 12 months.
お知らせ • Nov 10Paycor HCM, Inc. Provides Earnings Guidance for the Second Quarter Ending December 31, 2023 and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the second quarter ending December 31, 2023 and fiscal year ending June 30, 2024. For the quarter, the company expects total revenues to be in the range of $154.5 million to $156.5 million or 18% growth at the high end of the range.For the full year, the company expects total revenues to be in the range of $648 million to $654 million, an increase of 18% year-over-year at the top end of the range. Based on current rates, the company expects interest income to be in the range of $44 million to $45 million.
Reported Earnings • Nov 10First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: US$0.12 loss per share (improved from US$0.17 loss in 1Q 2023). Revenue: US$143.6m (up 21% from 1Q 2023). Net loss: US$20.6m (loss narrowed 29% from 1Q 2023). Revenue exceeded analyst estimates by 2.9%. Earnings per share (EPS) also surpassed analyst estimates by 16%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Professional Services industry in the US.
お知らせ • Oct 19+ 1 more updatePaycor HCM, Inc. to Report Q1, 2024 Results on Nov 08, 2023Paycor HCM, Inc. announced that they will report Q1, 2024 results After-Market on Nov 08, 2023
Price Target Changed • Oct 18Price target decreased by 7.1% to US$28.00Down from US$30.13, the current price target is an average from 16 analysts. New target price is 11% above last closing price of US$25.31. Stock is down 15% over the past year. The company is forecast to post a net loss per share of US$0.31 next year compared to a net loss per share of US$0.53 last year.
分析記事 • Sep 27Estimating The Fair Value Of Paycor HCM, Inc. (NASDAQ:PYCR)Key Insights Paycor HCM's estimated fair value is US$20.30 based on 2 Stage Free Cash Flow to Equity With US$21.89...
お知らせ • Sep 15Paycor HCM, Inc., Annual General Meeting, Oct 31, 2023Paycor HCM, Inc., Annual General Meeting, Oct 31, 2023, at 10:00 Eastern Standard Time. Agenda: To elect three nominees identified in the accompanying proxy statement to serve as Class II directors, as recommended by the Nominating and Governance Committee of the Board; to approve, on an advisory and non-binding basis, the compensation of Paycor’s named executive officers, as disclosed in the accompanying proxy statement; to approve, on an advisory and non-binding basis, the frequency of future stockholder advisory votes on executive compensation; to ratify the appointment of Ernst & Young LLP as Paycor’s independent registered public accounting firm for the fiscal year ending June 30, 2024; and to transact other business as may properly come before the meeting or any adjournment of the meeting.
Major Estimate Revision • Aug 23Consensus EPS estimates fall by 20%The consensus outlook for fiscal year 2024 has been updated. 2024 expected loss increased from -US$0.259 to -US$0.311 per share. Revenue forecast unchanged at US$649.3m. Professional Services industry in the US expected to see average net income growth of 13% next year. Consensus price target down from US$30.13 to US$28.00. Share price fell 3.7% to US$22.10 over the past week.
New Risk • Aug 20New minor risk - ProfitabilityThe company is currently unprofitable and not forecast to become profitable over the next 3 years. Trailing 12-month net loss: US$93m Forecast net loss in 3 years: US$8.8m This is considered a minor risk. Companies that are not profitable are more likely to be burning through cash and less likely to be well established. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. Without profits, the company is under pressure to grow significantly while potentially having to reduce costs and possibly needing to take on debt or raise capital to remain afloat. This is currently the only risk that has been identified for the company.
Price Target Changed • Aug 18Price target decreased by 7.1% to US$28.00Down from US$30.13, the current price target is an average from 17 analysts. New target price is 26% above last closing price of US$22.25. Stock is down 28% over the past year. The company is forecast to post a net loss per share of US$0.31 next year compared to a net loss per share of US$0.53 last year.
Breakeven Date Change • Aug 18Forecast to breakeven in 2026The 17 analysts covering Paycor HCM expect the company to break even for the first time. New consensus forecast suggests losses will reduce by 34% per year to 2025. The company is expected to make a profit of US$8.46m in 2026. Average annual earnings growth of 54% is required to achieve expected profit on schedule.
お知らせ • Aug 17Paycor HCM, Inc. Provides Earnings Guidance for the First Quarter Ending September 30, 2023 and Fiscal Year Ending June 30, 2024Paycor HCM, Inc. provided earnings guidance for the first quarter ending September 30, 2023 and fiscal year ending June 30, 2024. For the quarter, the company expected total revenues in the range of $138 million - $140 million.For the year, the company expected total revenues in the range of $644 million - $650 million.
分析記事 • Aug 03What You Can Learn From Paycor HCM, Inc.'s (NASDAQ:PYCR) P/SWhen you see that almost half of the companies in the Professional Services industry in the United States have...
お知らせ • Jul 22Paycor HCM, Inc. to Report Q4, 2023 Results on Aug 16, 2023Paycor HCM, Inc. announced that they will report Q4, 2023 results After-Market on Aug 16, 2023
お知らせ • Jun 02Paycor Strengthens Talent Platform with AI-Generated Job Description Feature Powered by Microsoft Azure OpenAI ServicePaycor HCM, Inc. announced the release of its new AI-generated Job Descriptions tool powered by Microsoft Azure's OpenAI Service. Coupled with Paycor Smart Sourcing, the new feature helps optimize talent acquisition by sourcing high-quality and diverse candidates. Developing job descriptions is a time-consuming, manual process that can take leaders hours to create. Paycor's new offering is projected to reduce time required to generate a job description by at least 90%. With the current competitive landscape, organizations are struggling to hire and retain top talent, making the creation of job descriptions that are engaging even more critical for success, as 52% of job seekers say the quality of a job description is very or extremely influential on their decision to move forward with applying. In addition to further reducing time to source and hire quality candidates, Paycor's new offering also helps companies retain talent. 43% of people say their role doesn't meet the expectations that had been set. Starting the hiring process with a performant job description allows the right talent to apply with clear roles and responsibilities outlined, ultimately leading to better engagement through the employee lifecycle.
分析記事 • May 29Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 22% Below Its Share PriceKey Insights Paycor HCM's estimated fair value is US$16.61 based on 2 Stage Free Cash Flow to Equity Paycor HCM's...
Recent Insider Transactions • May 26Independent Director recently bought US$67k worth of stockOn the 23rd of May, Scott Miller bought around 3k shares on-market at roughly US$22.19 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$286k more in shares than they have sold in the last 12 months.
お知らせ • May 12Paycor HCM, Inc. Provides Earnings Guidance for the Fourth Quarter and Ended Fiscal Year Ending June 30, 2023Paycor HCM, Inc. provided earnings guidance for the fourth quarter and ended fiscal year ending June 30, 2023. For the fourth quarter ending June 30, 2023, the company expects total revenues in the range of $135 million - $137 million. Fiscal Year Ending June 30, 2023, the company expects total revenues in the range of $548 million - $550 million.
Price Target Changed • May 11Price target decreased by 8.6% to US$30.47Down from US$33.33, the current price target is an average from 15 analysts. New target price is 45% above last closing price of US$21.08. Stock is down 2.6% over the past year. The company is forecast to post a net loss per share of US$0.49 next year compared to a net loss per share of US$0.69 last year.
分析記事 • Feb 28Paycor HCM, Inc.'s (NASDAQ:PYCR) Intrinsic Value Is Potentially 23% Below Its Share PriceKey Insights The projected fair value for Paycor HCM is US$19.48 based on 2 Stage Free Cash Flow to Equity Current...
Recent Insider Transactions • Feb 17Independent Director recently bought US$76k worth of stockOn the 10th of February, Scott Miller bought around 3k shares on-market at roughly US$25.21 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$219k more in shares than they have sold in the last 12 months.
Reported Earnings • Feb 09Second quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindSecond quarter 2023 results: US$0.16 loss per share (further deteriorated from US$0.15 loss in 2Q 2022). Revenue: US$132.9m (up 29% from 2Q 2022). Net loss: US$27.5m (loss widened 7.9% from 2Q 2022). Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 69%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Software industry in the US.
お知らせ • Feb 09+ 1 more updatePaycor HCM, Inc. Revises Earnings Guidance for the Fiscal Year Ending June 30, 2023Paycor HCM, Inc. revised earnings guidance for the fiscal year ending June 30, 2023. For the year, the company’s total revenues in the range of $539 million to $545 million, raises fiscal year 2023 revenue guidance of $11 million.
お知らせ • Feb 08Paycor HCM, Inc. Releases COR Leadership DashboardPaycor HCM, Inc. announced the release of the COR Leadership Dashboard. The new offering provides people leaders with actionable data based on scores about leadership effectiveness to drive engagement and maximize performance. frontline leaders have a disproportionate effect on an employee's engagement. Paycor previously introduced the COR Leadership Framework to inspire companies to invest in effective frontline leaders to help attract and retain a premier workforce. The COR Leadership Dashboard, the latest addition to the framework, surfaces real-time insights on relevant employee data trends and evaluates leadership effectiveness. A new leadership survey in Paycor Pulse gathers feedback from direct reports on how well their manager coaches, optimizes and engages their team and provides a baseline score of leader effectiveness. Results are put through native natural language processing and sentiment analysis engines to quickly categorize unstructured feedback by theme and positive/negative sentiment, so leaders do not have to spend time manually parsing results. Those scores are populated in the COR Leadership Dashboard to surface opportunities for career development alongside real-time employee data to help identify areas that may require their immediate attention. Leader effectiveness is evaluated on three attributes: Coach: Investing in individual employees to help them uncover their career aspirations and ensure they understand their alignment to the company mission and strategic objectives. Optimize: Ensuring employees are meeting team and individual objectives by inspiring personal and team accountability. Retain: Incentivizing employees in a holistic way that makes them feel authentically valued.
お知らせ • Jan 12Paycor HCM, Inc. to Report Q2, 2023 Results on Feb 08, 2023Paycor HCM, Inc. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Feb 08, 2023
Recent Insider Transactions • Dec 10Independent Director recently bought US$69k worth of stockOn the 6th of December, Scott Miller bought around 3k shares on-market at roughly US$25.47 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought US$143k more in shares than they have sold in the last 12 months.
Board Change • Nov 16High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Director Jeremy Rishel was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 03First quarter 2023 earnings: Revenues exceed analysts expectations while EPS lags behindFirst quarter 2023 results: US$0.17 loss per share (improved from US$0.32 loss in 1Q 2022). Revenue: US$118.3m (up 28% from 1Q 2022). Net loss: US$29.1m (loss narrowed 46% from 1Q 2022). Revenue exceeded analyst estimates by 4.4%. Earnings per share (EPS) missed analyst estimates by 18%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Software industry in the US.