NYSE:PAYC Paycom Software (PAYC) Stock Forecast, Price & News $280.95 +2.30 (+0.83%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$280.06▼$285.1350-Day Range$265.29▼$307.2552-Week Range$255.82▼$402.78Volume366,680 shsAverage Volume741,474 shsMarket Capitalization$16.94 billionP/E Ratio52.71Dividend YieldN/APrice Target$368.53 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paycom Software MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside31.2% Upside$368.53 Price TargetShort InterestHealthy2.90% of Float Sold ShortDividend StrengthN/ASustainability-0.12Upright™ Environmental ScoreNews Sentiment0.54Based on 13 Articles This WeekInsider TradingSelling Shares$297,813 Sold Last QuarterProj. Earnings Growth21.26%From $6.21 to $7.53 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.02 out of 5 starsComputer And Technology Sector22nd out of 623 stocksPrepackaged Software Industry4th out of 217 stocks 3.3 Analyst's Opinion Consensus RatingPaycom Software has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 10 buy ratings, 2 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $368.53, Paycom Software has a forecasted upside of 31.2% from its current price of $280.95.Amount of Analyst CoveragePaycom Software has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.90% of the float of Paycom Software has been sold short.Short Interest Ratio / Days to CoverPaycom Software has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Paycom Software has recently increased by 33.04%, indicating that investor sentiment is decreasing significantly. Previous Next 0.8 Dividend Strength Dividend YieldPaycom Software does not currently pay a dividend.Dividend GrowthPaycom Software does not have a long track record of dividend growth.Dividend SustainabilityBased on earnings estimates, Paycom Software will have a dividend payout ratio of 19.92% next year. This indicates that Paycom Software will be able to sustain or increase its dividend. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePaycom Software has received a 45.57% net impact score from Upright. Paycom Software seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Employee onboarding and offboarding software", "Payroll management software", and "Applicant tracking software for recruiting" products. See details.Environmental SustainabilityThe Environmental Impact score for Paycom Software is -0.12. Previous Next 3.1 News and Social Media Coverage News SentimentPaycom Software has a news sentiment score of 0.54. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Paycom Software this week, compared to 6 articles on an average week.Search Interest22 people have searched for PAYC on MarketBeat in the last 30 days. This is an increase of 22% compared to the previous 30 days.MarketBeat Follows24 people have added Paycom Software to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn 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 $297,813.00 in company stock.Percentage Held by Insiders14.50% 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 Institutions88.58% of the stock of Paycom Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Paycom Software are expected to grow by 21.26% in the coming year, from $6.21 to $7.53 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paycom Software is 52.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.45.Price to Earnings Ratio vs. SectorThe P/E ratio of Paycom Software is 52.71, 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 284.26.Price to Earnings Growth RatioPaycom Software has a PEG Ratio of 1.81. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPaycom Software has a P/B Ratio of 12.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Paycom Software (NYSE:PAYC) StockPaycom Software, Inc. engages in the provision of cloud-based human capital management (HCM) software solutions delivered as Software-as-a-Service. It offers functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK.Read More Receive PAYC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paycom Software and its competitors with MarketBeat's FREE daily newsletter. Email Address PAYC Stock News HeadlinesMay 28, 2023 | dallasnews.comMotley Fool: Paycom’s innovations in payroll software make it worth a look for long termMay 26, 2023 | msn.comPaycom sends 200 Oklahoma City students to see ‘Hamilton’May 28, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 26, 2023 | seekingalpha.comPaycom: A Highly Efficient Growth CompanyMay 25, 2023 | finance.yahoo.comPAYC - Paycom Software, Inc.May 25, 2023 | finance.yahoo.comIs Trending Stock Paycom Software, Inc. (PAYC) a Buy Now?May 25, 2023 | americanbankingnews.comPaycom Software (NYSE:PAYC) Lowered to Hold at StockNews.comMay 23, 2023 | finance.yahoo.comPaycom to Present at the Baird Global Consumer, Technology & Services ConferenceMay 28, 2023 | Legacy Research (Affiliate) (Ad)Sell every Stock except ONE Markets are down...But Jeff Clark couldn't care less because he ignores almost every stock in the market except ONE. He lives financially free trading this One Stock Once per month...May 21, 2023 | msn.comPaycom Software: Remains A Core Holding On Initiation Of A DividendMay 19, 2023 | dailymail.co.ukGwyneth Paltrow rocks a leather dress with sneakers as she gushes about 'innovation'May 17, 2023 | americanbankingnews.comPaycom Software, Inc. (PAYC) To Go Ex-Dividend on May 26thMay 16, 2023 | marketwatch.com“Healthcare Human Resources (HR) Software Market [2023-2030]”: Know the industry leaders, Current Trends and ScopeMay 16, 2023 | marketwatch.comGlobal Payroll System Market [2023-2030] | Top Competitors in the Industry are - Patriot Software, Rippling, Paycom, Paylocity, Isolved HCMMay 16, 2023 | marketwatch.comAdopting HCM Software Market Huge Growth by 2023 to 2030 with Leading Players | Oracle, Automatic Data Processing, LLCMay 16, 2023 | seekingalpha.comPaycom initiates $0.375 quarterly dividendMay 16, 2023 | americanbankingnews.comStockNews.com Upgrades Paycom Software (NYSE:PAYC) to BuyMay 15, 2023 | finance.yahoo.comPaycom Announces Quarterly Cash DividendMay 14, 2023 | finance.yahoo.comEstimating The Intrinsic Value Of Paycom Software, Inc. (NYSE:PAYC)May 12, 2023 | marketwatch.com2030, Benefits Administration Software Market Growth | Future Prospects and Competitive AnalysisMay 12, 2023 | marketwatch.comGlobal Human Resource Management Software Market (2023-2030) | Latest Research ReportMay 12, 2023 | americanbankingnews.comBrokerages Set Paycom Software, Inc. (NYSE:PAYC) Price Target at $368.53May 11, 2023 | finance.yahoo.comPaycom Software, Inc. (PAYC) is Attracting Investor Attention: Here is What You Should KnowMay 10, 2023 | marketwatch.comPaycom Software Inc. stock rises Wednesday, outperforms marketMay 9, 2023 | finance.yahoo.comInvesting Advice From Warren Buffett, and 2 Magnificent Growth Stocks to Buy NowMay 9, 2023 | americanbankingnews.comFY2023 EPS Estimates for Paycom Software, Inc. Increased by Analyst (NYSE:PAYC)May 7, 2023 | americanbankingnews.comPaycom Software, Inc. to Post Q2 2023 Earnings of $1.22 Per Share, DA Davidson Forecasts (NYSE:PAYC)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PAYC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paycom Software and its competitors with MarketBeat's FREE daily newsletter. Email Address PAYC Company Calendar Last Earnings5/02/2023Ex-Dividend for 6/12 Dividend5/26/2023Today5/28/2023Dividend Payable6/12/2023Next Earnings (Estimated)8/01/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:PAYC CUSIPN/A CIK1590955 Webwww.paycom.com Phone(405) 722-6900FaxN/AEmployees6,349Year Founded1998Price Target and Rating Average Stock Price Forecast$368.53 High Stock Price Forecast$450.00 Low Stock Price Forecast$300.00 Forecasted Upside/Downside+31.2%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$5.33 Trailing P/E Ratio52.71 Forward P/E Ratio45.24 P/E Growth1.81Net Income$281.39 million Net Margins20.96% Pretax Margin29.03% Return on Equity26.29% Return on Assets7.38% Debt Debt-to-Equity Ratio0.02 Current Ratio1.19 Quick Ratio1.19 Sales & Book Value Annual Sales$1.38 billion Price / Sales12.32 Cash Flow$6.23 per share Price / Cash Flow45.10 Book Value$22.13 per share Price / Book12.70Miscellaneous Outstanding Shares60,290,000Free Float51,551,000Market Cap$16.94 billion OptionableOptionable Beta1.41 Social Links Key ExecutivesChad R. RichisonChairman, President & Chief Executive OfficerThomas ChristopherSenior Executive Vice President-OperationsCraig E. BoelteChief Financial Officer, Secretary & TreasurerBradley S. SmithChief Information OfficerKathy Oden-HallChief Marketing Officer & Executive Vice PresidentKey CompetitorsTyler TechnologiesNYSE:TYLSplunkNASDAQ:SPLKCloudflareNYSE:NETPTCNASDAQ:PTCMongoDBNASDAQ:MDBView All CompetitorsInsiders & InstitutionsProShare Advisors LLCBought 2,929 shares on 5/26/2023Ownership: 0.022%Toroso Investments LLCBought 1,214 shares on 5/23/2023Ownership: 0.004%Seaport Global Advisors LLCSold 247 shares on 5/23/2023Ownership: 0.002%Ameriprise Financial Inc.Sold 42,575 shares on 5/22/2023Ownership: 0.781%American TrustSold 318 shares on 5/22/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PAYC Stock - Frequently Asked Questions Should I buy or sell Paycom Software stock right now? 13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 1 sell rating, 2 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" PAYC shares. View PAYC analyst ratings or view top-rated stocks. What is Paycom Software's stock price forecast for 2023? 13 equities research analysts have issued 1 year price objectives for Paycom Software's shares. Their PAYC share price forecasts range from $300.00 to $450.00. On average, they predict the company's stock price to reach $368.53 in the next twelve months. This suggests a possible upside of 31.2% 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 on January 1st, 2023. Since then, PAYC stock has decreased by 9.5% and is now trading at $280.95. View the best growth stocks for 2023 here. Are investors shorting Paycom Software? Paycom Software saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 1,490,000 shares, an increase of 33.0% from the April 30th total of 1,120,000 shares. Based on an average trading volume of 538,200 shares, the days-to-cover ratio is currently 2.8 days. Currently, 2.9% of the shares of the stock are short sold. 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, August 1st 2023. View our PAYC earnings forecast. How were Paycom Software's earnings last quarter? Paycom Software, Inc. (NYSE:PAYC) released its earnings results on Tuesday, May, 2nd. The software maker reported $2.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.00 by $0.06. The software maker had revenue of $451.64 million for the quarter, compared to analysts' expectations of $444.23 million. Paycom Software had a net margin of 20.96% and a trailing twelve-month return on equity of 26.29%. Read the conference call transcript. How often does Paycom Software pay dividends? What is the dividend yield for Paycom Software? Paycom Software announced a quarterly dividend on Monday, May 15th. Stockholders of record on Tuesday, May 30th will be paid a dividend of $0.375 per share on Monday, June 12th. This represents a $1.50 annualized dividend and a yield of 0.53%. The ex-dividend date is Friday, May 26th. Read our dividend analysis for PAYC. What ETFs hold Paycom Software's stock? ETFs with the largest weight of Paycom Software (NYSE:PAYC) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Neuberger Berman Disrupters ETF (NBDS), Global X Cloud Computing ETF (CLOU), Motley Fool Mid-Cap Growth ETF (TMFM), Direxion Daily Cloud Computing Bull 2x (CLDL), Motley Fool Global Opportunities ETF (TMFG), Hartford Large Cap Growth ETF (HFGO) and Logan Capital Broad Innovative Growth ETF (LCLG). How will Paycom Software's stock buyback program work? Paycom Software declared that its board has initiated a share buyback program on Monday, August 15th 2022, which authorizes the company to buyback $1,100,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization authorizes the company to purchase up to 4.7% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board believes its shares are undervalued. What guidance has Paycom Software issued on next quarter's earnings? Paycom Software updated its second quarter 2023 earnings guidance on Wednesday, May, 3rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $397.00 million-$399.00 million, compared to the consensus revenue estimate of $393.11 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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (7.36%), State Street Corp (3.17%), FMR LLC (2.70%), Geode Capital Management LLC (1.83%), Franklin Resources Inc. (1.82%) and Wellington Management Group LLP (1.68%). Insiders that own company stock include Bradley Scott Smith, Chad R Richison, Chad R Richison, Craig E Boelte, Craig E Boelte, Frederick C Peters II, Frederick C Peters II, Holly Faurot, J C Watts, Jr, Jason D Clark, Jeffrey D York, Jon Evans, Justin Devon Long and Robert J Levenson. 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 $280.95. How much money does Paycom Software make? Paycom Software (NYSE:PAYC) has a market capitalization of $16.94 billion and generates $1.38 billion in revenue each year. The software maker earns $281.39 million in net income (profit) each year or $5.33 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. 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