Analysts Issue Forecasts for Paycom Software Q2 Earnings

Paycom Software, Inc. (NYSE:PAYC - Free Report) - Analysts at Zacks Research dropped their Q2 2025 earnings per share estimates for Paycom Software in a report released on Wednesday, May 28th. Zacks Research analyst R. Department now anticipates that the software maker will post earnings per share of $1.45 for the quarter, down from their prior estimate of $1.51. The consensus estimate for Paycom Software's current full-year earnings is $7.15 per share. Zacks Research also issued estimates for Paycom Software's Q3 2025 earnings at $1.61 EPS, Q4 2025 earnings at $2.08 EPS, FY2025 earnings at $7.64 EPS, Q1 2026 earnings at $2.67 EPS, Q2 2026 earnings at $1.70 EPS, Q3 2026 earnings at $1.86 EPS, Q4 2026 earnings at $2.28 EPS, FY2026 earnings at $8.52 EPS and Q1 2027 earnings at $3.00 EPS.

A number of other research analysts also recently commented on PAYC. Stifel Nicolaus boosted their price target on Paycom Software from $187.00 to $215.00 and gave the company a "hold" rating in a research note on Thursday, May 8th. Barclays boosted their target price on shares of Paycom Software from $221.00 to $240.00 and gave the company an "equal weight" rating in a research report on Thursday, May 8th. Piper Sandler boosted their target price on shares of Paycom Software from $224.00 to $246.00 and gave the company a "neutral" rating in a research report on Thursday, May 8th. Needham & Company LLC restated a "hold" rating on shares of Paycom Software in a research report on Thursday, May 8th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Paycom Software from $185.00 to $200.00 and gave the company a "neutral" rating in a research report on Thursday, February 13th. Eleven research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, Paycom Software currently has a consensus rating of "Hold" and a consensus price target of $226.90.

Paycom Software Trading Down 0.4%

NYSE PAYC traded down $1.16 during midday trading on Monday, hitting $263.64. The company had a trading volume of 523,885 shares, compared to its average volume of 681,156. The company has a market capitalization of $15.25 billion, a PE ratio of 29.62, a P/E/G ratio of 2.40 and a beta of 0.80. The firm has a 50-day moving average price of $233.78 and a 200-day moving average price of $221.54. Paycom Software has a twelve month low of $139.50 and a twelve month high of $267.59.

Paycom Software (NYSE:PAYC - Get Free Report) last released its quarterly earnings results on Wednesday, May 7th. The software maker reported $2.80 earnings per share for the quarter, beating analysts' consensus estimates of $2.62 by $0.18. Paycom Software had a net margin of 26.66% and a return on equity of 33.53%. The company had revenue of $530.50 million during the quarter, compared to the consensus estimate of $522.92 million. During the same period in the previous year, the business earned $2.59 earnings per share. The firm's quarterly revenue was up 6.1% on a year-over-year basis.

Institutional Trading of Paycom Software

A number of institutional investors have recently bought and sold shares of the company. Proficio Capital Partners LLC bought a new stake in shares of Paycom Software during the 4th quarter valued at about $7,142,000. Glenview Trust co boosted its position in shares of Paycom Software by 27.1% during the 4th quarter. Glenview Trust co now owns 12,294 shares of the software maker's stock valued at $2,520,000 after purchasing an additional 2,625 shares in the last quarter. American Century Companies Inc. boosted its holdings in shares of Paycom Software by 43.0% during the 4th quarter. American Century Companies Inc. now owns 52,755 shares of the software maker's stock worth $10,813,000 after buying an additional 15,852 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Paycom Software by 0.4% during the 4th quarter. Asset Management One Co. Ltd. now owns 20,240 shares of the software maker's stock worth $4,184,000 after buying an additional 79 shares in the last quarter. Finally, Forsta AP Fonden bought a new position in shares of Paycom Software during the 4th quarter worth approximately $2,296,000. Institutional investors own 87.77% of the company's stock.

Insider Transactions at Paycom Software

In related news, COO Randall Peck sold 890 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $263.21, for a total value of $234,256.90. Following the sale, the chief operating officer now owns 49,394 shares of the company's stock, valued at $13,000,994.74. The trade was a 1.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Bradley Scott Smith sold 3,000 shares of the company's stock in a transaction dated Thursday, March 13th. The shares were sold at an average price of $201.01, for a total value of $603,030.00. Following the completion of the sale, the insider now owns 28,733 shares in the company, valued at $5,775,620.33. This trade represents a 9.45% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 150,316 shares of company stock worth $36,812,058. Insiders own 10.90% of the company's stock.

Paycom Software Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 9th. Investors of record on Tuesday, May 27th will be given a dividend of $0.375 per share. The ex-dividend date of this dividend is Tuesday, May 27th. This represents a $1.50 dividend on an annualized basis and a yield of 0.57%. Paycom Software's dividend payout ratio is currently 21.40%.

About Paycom Software

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.