Cantor Fitzgerald Predicts Paycom Software FY2025 Earnings

Key Points

• Cantor Fitzgerald has forecasted Paycom Software's FY2025 earnings per share (EPS) to be $7.46, up from the current consensus estimate of $7.15.
• The company's recent quarterly earnings exceeded expectations, reporting an EPS of $2.06 against a consensus estimate of $1.78, showcasing a revenue increase of 10.5% year-over-year.
• Paycom Software recently paid a quarterly dividend of $0.375 per share, resulting in an annualized dividend yield of 0.7%.

Paycom Software, Inc. (NYSE:PAYC - Free Report) - Investment analysts at Cantor Fitzgerald issued their FY2025 earnings estimates for Paycom Software in a research report issued to clients and investors on Thursday, September 11th. Cantor Fitzgerald analyst M. Vanvliet expects that the software maker will earn $7.46 per share for the year. Cantor Fitzgerald currently has a "Hold" rating on the stock. The consensus estimate for Paycom Software's current full-year earnings is $7.15 per share. Cantor Fitzgerald also issued estimates for Paycom Software's FY2026 earnings at $8.16 EPS.

A number of other analysts have also recently weighed in on the stock. JPMorgan Chase & Co. increased their price objective on shares of Paycom Software from $215.00 to $235.00 and gave the stock a "neutral" rating in a report on Thursday, August 7th. KeyCorp increased their price objective on shares of Paycom Software from $285.00 to $290.00 and gave the stock an "overweight" rating in a report on Thursday, August 7th. UBS Group dropped their price objective on shares of Paycom Software from $310.00 to $285.00 and set a "buy" rating on the stock in a report on Wednesday. Barclays increased their target price on shares of Paycom Software from $240.00 to $250.00 and gave the company an "equal weight" rating in a research report on Thursday, August 7th. Finally, BMO Capital Markets increased their target price on shares of Paycom Software from $244.00 to $258.00 and gave the company a "market perform" rating in a research report on Thursday, August 7th. Two investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $238.58.

Paycom Software Price Performance

Shares of PAYC stock traded down $0.23 during trading hours on Monday, reaching $216.32. The stock had a trading volume of 1,660,400 shares, compared to its average volume of 558,613. Paycom Software has a twelve month low of $158.03 and a twelve month high of $267.76. The firm has a 50-day simple moving average of $225.68 and a 200-day simple moving average of $229.47. The firm has a market capitalization of $12.52 billion, a PE ratio of 29.27, a price-to-earnings-growth ratio of 2.38 and a beta of 0.81.

Paycom Software (NYSE:PAYC - Get Free Report) last released its quarterly earnings data on Wednesday, August 6th. The software maker reported $2.06 earnings per share for the quarter, topping analysts' consensus estimates of $1.78 by $0.28. Paycom Software had a net margin of 21.22% and a return on equity of 25.40%. The business had revenue of $483.60 million for the quarter, compared to analysts' expectations of $472.00 million. During the same quarter last year, the company earned $1.62 EPS. The company's revenue for the quarter was up 10.5% compared to the same quarter last year.

Paycom Software Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 8th. Shareholders of record on Monday, August 25th were issued a $0.375 dividend. This represents a $1.50 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Monday, August 25th. Paycom Software's dividend payout ratio (DPR) is presently 20.30%.

Insider Activity at Paycom Software

In other Paycom Software news, insider Bradley Scott Smith sold 1,500 shares of the firm's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $223.27, for a total value of $334,905.00. Following the completion of the transaction, the insider directly owned 24,533 shares in the company, valued at $5,477,482.91. This trade represents a 5.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 10.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. SouthState Corp acquired a new position in shares of Paycom Software in the first quarter worth about $27,000. von Borstel & Associates Inc. acquired a new stake in shares of Paycom Software during the first quarter worth approximately $27,000. CYBER HORNET ETFs LLC acquired a new stake in shares of Paycom Software during the second quarter worth approximately $29,000. Golden State Wealth Management LLC boosted its holdings in shares of Paycom Software by 112.3% during the first quarter. Golden State Wealth Management LLC now owns 138 shares of the software maker's stock worth $30,000 after purchasing an additional 73 shares during the period. Finally, MUFG Securities EMEA plc acquired a new stake in shares of Paycom Software during the second quarter worth approximately $33,000. 87.77% of the stock is currently owned by institutional investors and hedge funds.

Paycom Software Company Profile

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.