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Paycom Software (PAYC) Stock Price, News & Analysis

$164.03
+1.14 (+0.70%)
(As of 07/26/2024 ET)
Today's Range
$161.60
$165.03
50-Day Range
$140.16
$180.65
52-Week Range
$139.50
$374.04
Volume
585,706 shs
Average Volume
848,402 shs
Market Capitalization
$9.53 billion
P/E Ratio
19.98
Dividend Yield
0.91%
Price Target
$236.38

Paycom Software MarketRank™ Stock Analysis

Analyst Rating
Hold
2.16 Rating Score
Upside/​Downside
44.1% Upside
$236.38 Price Target
Short Interest
Healthy
6.06% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.12
Upright™ Environmental Score
News Sentiment
0.40mentions of Paycom Software in the last 14 days
Based on 20 Articles This Week
Insider Trading
Selling Shares
$7.75 M Sold Last Quarter
Proj. Earnings Growth
12.74%
From $6.36 to $7.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.97 out of 5 stars

Computer And Technology Sector

11th out of 612 stocks

Prepackaged Software Industry

3rd out of 202 stocks

PAYC stock logo

About Paycom Software Stock (NYSE:PAYC)

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.

PAYC Stock Price History

PAYC Stock News Headlines

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Paycom Software (PAYC) to Release Earnings on Wednesday
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See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/10 Dividend
5/24/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
7/31/2024
Fiscal Year End
12/31/2024

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
$236.38
High Stock Price Target
$450.00
Low Stock Price Target
$145.00
Potential Upside/Downside
+45.3%
Consensus Rating
Hold
Rating Score (0-4)
2.16
Research Coverage
19 Analysts

Profitability

Net Income
$340.79 million
Pretax Margin
34.26%

Debt

Sales & Book Value

Annual Sales
$1.69 billion
Cash Flow
$7.77 per share
Book Value
$21.64 per share

Miscellaneous

Free Float
49,684,000
Market Cap
$9.45 billion
Optionable
Optionable
Beta
1.16

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PAYC Stock Analysis - Frequently Asked Questions

How have PAYC shares performed this year?

Paycom Software's stock was trading at $206.72 at the beginning of the year. Since then, PAYC shares have decreased by 20.7% and is now trading at $164.03.
View the best growth stocks for 2024 here
.

How were Paycom Software's earnings last quarter?

Paycom Software, Inc. (NYSE:PAYC) announced its earnings results on Wednesday, May, 1st. The software maker reported $4.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.96 by $2.29. The software maker had revenue of $499.88 million for the quarter, compared to analyst estimates of $495.89 million. Paycom Software had a net margin of 26.91% and a trailing twelve-month return on equity of 32.84%.

Is Paycom Software doing a stock buyback?

Paycom Software's Board of Directors authorized a share repurchase program on Monday, August 15th 2022, which permits the company to repurchase $1,100,000,000 in outstanding shares, according to EventVestor. This means that the company could repurchase up to 4.7% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its stock is undervalued.

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.

Who are Paycom Software's major shareholders?

Top institutional investors of Paycom Software include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.84%), Bank of New York Mellon Corp (0.78%), Boston Trust Walden Corp (0.60%) and Raymond James & Associates (0.35%). 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, Justin Devon Long and Jon Evans.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Paycom Software own?

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

This page (NYSE:PAYC) was last updated on 7/26/2024 by MarketBeat.com Staff

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