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NYSE:PAYC

Paycom Software (PAYC) Stock Forecast, Price & News

$258.32
+1.16 (+0.45%)
(As of 04:24 PM ET)
Compare
Today's Range
$255.20
$259.42
50-Day Range
$257.16
$370.75
52-Week Range
$255.20
$374.04
Volume
485,536 shs
Average Volume
537,900 shs
Market Capitalization
$15.62 billion
P/E Ratio
47.40
Dividend Yield
0.58%
Price Target
$384.53

Paycom Software MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
49.2% Upside
$384.53 Price Target
Short Interest
Healthy
2.18% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.12
Upright™ Environmental Score
News Sentiment
1.01mentions of Paycom Software in the last 14 days
Based on 10 Articles This Week
Insider Trading
Selling Shares
$130,173 Sold Last Quarter
Proj. Earnings Growth
21.97%
From $6.10 to $7.44 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.42 out of 5 stars

Computer And Technology Sector

6th out of 581 stocks

Prepackaged Software Industry

2nd out of 205 stocks


PAYC stock logo

About Paycom Software (NYSE:PAYC) Stock

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/schedule exchange, 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, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. 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; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

PAYC Price History

PAYC Stock News Headlines

Contrasting UMeWorld (OTCMKTS:UMEWF) & Paycom Software (NYSE:PAYC)
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
His system isolated NVIDIA - Here's His Next Buy.
Most investors don't know the truth about A.I. 50-year Wall Street Insider Marc Chaikin reveals what you should be doing to profit. Learn more here.
Paycom Software: Recent Weakness Is An Overreaction
Paycom: A Positive Opportunity After Q2
See More Headlines
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PAYC Company Calendar

Last Earnings
8/01/2023
Ex-Dividend for 9/11 Dividend
8/25/2023
Dividend Payable
9/11/2023
Today
9/25/2023
Next Earnings (Estimated)
11/07/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
6,349
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$384.53
High Stock Price Forecast
$450.00
Low Stock Price Forecast
$310.00
Forecasted Upside/Downside
+49.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
15 Analysts

Profitability

Net Income
$281.39 million
Pretax Margin
28.75%

Debt

Sales & Book Value

Annual Sales
$1.38 billion
Cash Flow
$6.23 per share
Book Value
$19.70 per share

Miscellaneous

Free Float
51,699,000
Market Cap
$15.55 billion
Optionable
Optionable
Beta
1.42

Social Links

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Key Executives

  • Mr. Chad R. RichisonMr. Chad R. Richison (Age 53)
    Founder, Pres, CEO & Chairman
    Comp: $3.14M
  • Mr. Craig E. BoelteMr. Craig E. Boelte (Age 60)
    CFO, Treasurer & Corp. Sec.
    Comp: $1.5M
  • Mr. Bradley Scott SmithMr. Bradley Scott Smith (Age 52)
    Chief Information Officer
    Comp: $970.5k
  • Ms. Holly  FaurotMs. Holly Faurot (Age 38)
    Chief Sales Officer
    Comp: $1.41M
  • Mr. Chris Thomas (Age 45)
    Sr. Exec. VP of Operations
  • James Samford
    Head of Investor Relations
  • Matthew Paque
    Gen. Counsel
  • Ms. Tiffany McGowen
    Director of Recruiting













PAYC Stock - Frequently Asked Questions

Should I buy or sell Paycom Software stock right now?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 1 sell rating, 3 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" PAYC shares.
View PAYC analyst ratings
or view top-rated stocks.

What is Paycom Software's stock price forecast for 2023?

15 Wall Street analysts have issued 12 month price targets for Paycom Software's shares. Their PAYC share price forecasts range from $310.00 to $450.00. On average, they predict the company's stock price to reach $384.53 in the next twelve months. This suggests a possible upside of 49.3% from the stock's current price.
View analysts price targets for PAYC
or view top-rated stocks among Wall Street analysts.

How have PAYC shares performed in 2023?

Paycom Software's stock was trading at $310.31 at the beginning of 2023. Since then, PAYC shares have decreased by 17.0% and is now trading at $257.50.
View the best growth stocks for 2023 here
.

Are investors shorting Paycom Software?

Paycom Software saw a drop in short interest in August. As of August 15th, there was short interest totaling 1,030,000 shares, a drop of 21.4% from the July 31st total of 1,310,000 shares. Based on an average daily volume of 575,100 shares, the short-interest ratio is currently 1.8 days. Currently, 2.0% of the shares of the stock are sold short.
View Paycom Software's Short Interest
.

When is Paycom Software's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 7th 2023.
View our PAYC earnings forecast
.

How were Paycom Software's earnings last quarter?

Paycom Software, Inc. (NYSE:PAYC) released its quarterly earnings results on Tuesday, August, 1st. The software maker reported $1.01 EPS for the quarter, missing analysts' consensus estimates of $1.23 by $0.22. The software maker had revenue of $401.14 million for the quarter, compared to analyst estimates of $398.20 million. Paycom Software had a net margin of 20.28% and a trailing twelve-month return on equity of 24.93%.

How often does Paycom Software pay dividends? What is the dividend yield for Paycom Software?

Paycom Software declared a quarterly dividend on Monday, July 31st. Shareholders of record on Monday, August 28th will be given a dividend of $0.375 per share on Monday, September 11th. This represents a $1.50 annualized dividend and a yield of 0.58%. The ex-dividend date of this dividend is Friday, August 25th.
Read our dividend analysis for PAYC
.

Is Paycom Software a good dividend stock?

Paycom Software (NYSE:PAYC) pays an annual dividend of $1.50 per share and currently has a dividend yield of 0.58%. The dividend payout ratio is 27.52%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PAYC will have a dividend payout ratio of 20.16% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for PAYC.

How will Paycom Software's stock buyback program work?

Paycom Software announced that its Board of Directors has approved a share buyback program on Monday, August 15th 2022, which authorizes the company to buyback $1,100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to reacquire up to 4.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

What guidance has Paycom Software issued on next quarter's earnings?

Paycom Software updated its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $410.00 million-$412.00 million, compared to the consensus revenue estimate of $411.95 million.

What is Chad Richison's approval rating as Paycom Software's CEO?

1,259 employees have rated Paycom Software Chief Executive Officer Chad Richison on Glassdoor.com. Chad Richison has an approval rating of 95% among the company's employees. This puts Chad Richison in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Paycom Software own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Paycom Software investors own include NVIDIA (NVDA), PayPal (PYPL), Alibaba Group (BABA), Shopify (SHOP), Trade Desk (TTD), Mastercard (MA), Block (SQ), Netflix (NFLX), Tesla (TSLA) and Adobe (ADBE).

What is Paycom Software's stock symbol?

Paycom Software trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAYC."

Who are Paycom Software's major shareholders?

Paycom Software's stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (7.05%), Alliancebernstein L.P. (3.55%), State Street Corp (3.14%), Franklin Resources Inc. (1.91%), Geode Capital Management LLC (1.88%) and Brown Capital Management LLC (1.67%). Insiders that own company stock include Bradley Scott Smith, Chad R Richison, Chad R Richison, Christopher Gene Thomas, Craig E Boelte, Craig E Boelte, Frederick C Peters II, Frederick C Peters II, Holly Faurot, J C Watts, Jr, Jason D Clark, Jon Evans and Justin Devon Long.
View institutional ownership trends
.

How do I buy shares of Paycom Software?

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

What is Paycom Software's stock price today?

One share of PAYC stock can currently be purchased for approximately $257.50.

How much money does Paycom Software make?

Paycom Software (NYSE:PAYC) has a market capitalization of $15.57 billion and generates $1.38 billion in revenue each year. The software maker earns $281.39 million in net income (profit) each year or $5.45 on an earnings per share basis.

How many employees does Paycom Software have?

The company employs 6,349 workers across the globe.

How can I contact Paycom Software?

Paycom Software's mailing address is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. The official website for the company is www.paycom.com. The software maker can be reached via phone at (405) 722-6900 or via email at investors@paycomonline.com.

This page (NYSE:PAYC) was last updated on 9/25/2023 by MarketBeat.com Staff

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