Stocks Favored By Analysts: Bright Scholar Education Holdings Limited (:BEDU) & Paycom Software, Inc. (NYSE:PAYC)

Equity Research firms currently have a positive stance on shares of Bright Scholar Education Holdings Limited (:BEDU). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.30. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $21.80 on a short term basis.

Performance
At the time of writing, the stock was trading at $23.91. This represents a change from most recent open price of 4.27%. In terms of performance, year to date, the stock is 28.07%. The monthly stock performance comes in at 28.62%. For the quarter, shares are performing at -7.68%. Weekly performance analysis shows the equity at 14.51%.

Technicals
In taking a look at technical levels, shares are trading 18.92% away from the 50 day simple moving average and 31.34% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -15.15% away from it’s 52- week high and 126.64% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Bright Scholar Education Holdings Limited’s RSI stands at 74.61. In looking at volatility levels, the shares saw weekly volatility of 5.95% and 4.65% over the past month.

Sell-side analysts are offering a consensus “Buy” rating on shares of Paycom Software, Inc. (NYSE:PAYC).  Using the following ratings scale: 1.0 Strong Buy, 2.0 Buy, 3.0 Hold, 4.0 Sell and 5.0 Strong Sell, analysts have an average recommendation of 1.80.  Based on a recent trade, the shares are hovering around $88.75 which, according to analysts, yield significant upside potential to the $86.07 consensus target price.

Paycom Software, Inc. (NYSE:PAYC) shares typically trade an average volume of 516.72 and institutions hold 89.40% of the total shares.  

MOVING AVERAGES

We see here that the stock is 8.22% away from the 20-Day Simple Moving Average.  Their 50-Day Simple Moving Average is a difference of 9.45% from current levels.  Further back, their 200-Day Simple Moving Average is 22.92% difference from today’s price.  Currently, the stock is 3.08% from its 50-Day High and 19.37% from the 50-day low. 

Paycom Software, Inc. (NYSE:PAYC)‘s stock has performed at 10.48%.  Breaking that down further, it has performed 5.81% for the week, 13.90% for the month, 11.99% over the last quarter, 29.11% for the past half-year and 84.55% for this last year. 

Leave a Comment