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Paycom Software (PAYC) Stock Price, News & Analysis

Paycom Software logo
$209.03
+36.78 (+21.35%)
(As of 10/31/2024 ET)

About Paycom Software Stock (NYSE:PAYC)

Key Stats

Today's Range
$189.20
$222.30
50-Day Range
$154.91
$173.72
52-Week Range
$139.50
$247.42
Volume
2.55 million shs
Average Volume
817,218 shs
Market Capitalization
$12.00 billion
P/E Ratio
25.18
Dividend Yield
0.72%
Price Target
$184.08
Consensus Rating
Hold

Company Overview

Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling, time-off requests, labor allocation, labor management reports/push reporting, geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, mileage tracker/fixed and variable rates, garnishment administration, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning, as well as my analytics. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; benefit enrollment service; COBRA administration; personnel action and performance discussion forms; surveys; 401(k) reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.

Paycom Software Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
89th Percentile Overall Score

PAYC MarketRank™: 

Paycom Software scored higher than 89% of companies evaluated by MarketBeat, and ranked 129th out of 670 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Paycom Software has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 1 buy rating, 16 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Paycom Software has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

  • Read more about Paycom Software's stock forecast and price target.
  • Earnings Growth

    Earnings for Paycom Software are expected to grow by 5.72% in the coming year, from $6.64 to $7.02 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Paycom Software is 25.18, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.70.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Paycom Software is 25.18, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 266.51.

  • Price to Earnings Growth Ratio

    Paycom Software has a PEG Ratio of 2.34. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Paycom Software has a P/B Ratio of 9.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Paycom Software's valuation and earnings.
  • Percentage of Shares Shorted

    5.18% of the float of Paycom Software has been sold short.
  • Short Interest Ratio / Days to Cover

    Paycom Software has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Paycom Software has recently decreased by 2.24%, indicating that investor sentiment is improving.
  • Dividend Yield

    Paycom Software has a dividend yield of 0.91%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Paycom Software does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Paycom Software is 18.07%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Paycom Software will have a dividend payout ratio of 21.37% next year. This indicates that Paycom Software will be able to sustain or increase its dividend.

  • Read more about Paycom Software's dividend.
  • Percentage of Shares Shorted

    5.18% of the float of Paycom Software has been sold short.
  • Short Interest Ratio / Days to Cover

    Paycom Software has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Paycom Software has recently decreased by 2.24%, indicating that investor sentiment is improving.
  • News Sentiment

    Paycom Software has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.55 average news sentiment score of Computer and Technology companies.
  • News Coverage This Week

    MarketBeat has tracked 43 news articles for Paycom Software this week, compared to 12 articles on an average week.
  • Search Interest

    21 people have searched for PAYC on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • MarketBeat Follows

    16 people have added Paycom Software to their MarketBeat watchlist in the last 30 days. This is an increase of 433% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Paycom Software insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $12,042,077.00 in company stock.

  • Percentage Held by Insiders

    12.60% of the stock of Paycom Software is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    87.77% of the stock of Paycom Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Paycom Software's insider trading history.
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PAYC Stock News Headlines

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AI was by far the biggest tech investing trend right now. But Ross Givens says the #1 artificial intelligence stock[/lin] is NOT Microsoft, Google, Amazon or Apple. Nope — his research is pointing to a tiny, under-the-radar stock that’s trading for just a few dollars right now… And could soon shoot to the moon, handing early investors a windfall.
Why Paycom Stock Is Skyrocketing Today
Paycom: Revenue Jumps, Margins Tighten
See More Headlines

PAYC Stock Analysis - Frequently Asked Questions

Paycom Software's stock was trading at $206.72 at the beginning of 2024. Since then, PAYC stock has increased by 1.1% and is now trading at $209.03.
View the best growth stocks for 2024 here
.

Paycom Software, Inc. (NYSE:PAYC) posted its quarterly earnings results on Wednesday, February, 7th. The software maker reported $1.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.78 by $0.15. The company's revenue was up 17.3% on a year-over-year basis.
Read the conference call transcript
.

Top institutional shareholders of Paycom Software include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.71%), International Assets Investment Management LLC (0.49%), Marathon Asset Management Ltd (0.46%) and Raymond James & Associates (0.42%). Insiders that own company stock include Chad R Richison, Craig E Boelte, Jason D Clark, Holly Faurot, Christopher Gene Thomas, Amy Vickroy, Frederick C Peters II, Bradley Scott Smith and Justin Devon Long.
View institutional ownership trends
.

Shares of PAYC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Paycom Software investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Adobe (ADBE), PayPal (PYPL), Broadcom (AVGO) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
2/07/2024
Ex-Dividend for 9/9 Dividend
8/26/2024
Dividend Payable
9/09/2024
Today
10/31/2024
Ex-Dividend for 12/9 Dividend
11/25/2024
Dividend Payable
12/09/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/05/2025

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
Computer Software
Fax
N/A
Employees
7,308
Year Founded
1998

Price Target and Rating

Average Stock Price Target
$183.33
High Stock Price Target
$250.00
Low Stock Price Target
$160.00
Potential Upside/Downside
-14.8%
Consensus Rating
Hold
Rating Score (0-4)
2.06
Research Coverage
17 Analysts

Profitability

Net Income
$340.79 million
Pretax Margin
33.92%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$9.85 per share
Book Value
$21.64 per share

Miscellaneous

Free Float
50,196,000
Market Cap
$12.28 billion
Optionable
Optionable
Beta
1.17

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This page (NYSE:PAYC) was last updated on 10/31/2024 by MarketBeat.com Staff
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