Paycor HCM Inc
PYCR: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| $49.00 | Qrzh | Qpnrmbfv |
Paycor Continues To Build Out Sales Coverage to Support Growth and Win Sticky Customers
/s3.amazonaws.com/arc-authors/morningstar/349733fa-2129-460a-bd1a-9587528b9b83.jpg)
Business Strategy and Outlook
Paycor HCM is well positioned to take share in the expansive and highly fragmented small- and midsize-business payroll and human capital management market through industry consolidation and rising demand for sophisticated HCM solutions. At present, most of the small-business market is serviced by regional providers or do-it-yourself solutions such as Intuit QuickBooks or Microsoft Excel, creating meaningful scope for greater penetration by functionality-rich providers like Paycor.