Paycom Software Stock Forecast, Price & News

Paycom Software (NYSE:PAYC) Frequently Asked Questions

Is Paycom Software a buy right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Paycom Software stock.
View analyst ratings for Paycom Software or view top-rated stocks.

What stocks does MarketBeat like better than Paycom Software?

Wall Street analysts have given Paycom Software a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Paycom Software wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Paycom Software's next earnings date?

Paycom Software is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Paycom Software.

How can I listen to Paycom Software's earnings call?

Paycom Software will be holding an earnings conference call on Tuesday, November 2nd at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "9493807".

How were Paycom Software's earnings last quarter?

Paycom Software, Inc. (NYSE:PAYC) announced its quarterly earnings results on Tuesday, August, 3rd. The software maker reported $0.97 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.50 by $0.47. The software maker had revenue of $242.15 million for the quarter, compared to analyst estimates of $232.23 million. Paycom Software had a trailing twelve-month return on equity of 23.72% and a net margin of 18.11%.
View Paycom Software's earnings history.

How has Paycom Software's stock been impacted by COVID-19 (Coronavirus)?

Paycom Software's stock was trading at $220.68 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PAYC stock has increased by 143.0% and is now trading at $536.15.
View which stocks have been most impacted by COVID-19.

How will Paycom Software's stock buyback program work?

Paycom Software declared that its Board of Directors has initiated a stock repurchase program on Thursday, May 13th 2021, which allows the company to repurchase $300,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization allows the company to buy up to 1.6% of its shares through open market purchases. Shares repurchase programs are usually an indication 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 FY 2021 earnings guidance on Tuesday, August, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.04 billion-$1.04 billion, compared to the consensus revenue estimate of $1.02 billion.

What price target have analysts set for PAYC?

15 analysts have issued 12-month target prices for Paycom Software's stock. Their forecasts range from $180.00 to $550.00. On average, they expect Paycom Software's share price to reach $450.00 in the next year. This suggests that the stock has a possible downside of 16.1%.
View analysts' price targets for Paycom Software or view top-rated stocks among Wall Street analysts.

Who are Paycom Software's key executives?

Paycom Software's management team includes the following people:

• Chad R. Richison, Chairman, President & Chief Executive Officer
• Jon Evans, Chief Operating Officer
• Craig E. Boelte, Chief Financial Officer, Secretary & Treasurer
• Brad Smith, Chief Information Officer
• Shane Hadlock, Director-Information Technology

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

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

Who are some of Paycom Software's key competitors?

Some companies that are related to Paycom Software include Square (SQ), Snowflake (SNOW), Dassault Systèmes (DASTY), Autodesk (ADSK), NetEase (NTES), VMware (VMW), CrowdStrike (CRWD), Twilio (TWLO), Activision Blizzard (ATVI), Atlassian (TEAM), Cloudflare (NET), DocuSign (DOCU), Palantir Technologies (PLTR), Datadog (DDOG) and Synopsys (SNPS).
View all of PAYC's competitors.

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), The Trade Desk (TTD), Mastercard (MA), Square (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 Frontier Capital Management Co. LLC (0.65%), Fisher Asset Management LLC (0.42%), Sumitomo Mitsui Trust Holdings Inc. (0.25%), Calamos Advisors LLC (0.20%), New York State Teachers Retirement System (0.09%) and Moody Lynn & Lieberson LLC (0.07%). Company insiders that own Paycom Software stock include Bradley Scott Smith, Chad R Richison, Craig E Boelte, Frederick C Peters II, J C Watts, Jr, Jason D Clark, Jeffrey D York, Jon Evans and Robert J Levenson.
View institutional ownership trends for Paycom Software.

Which major investors are selling Paycom Software stock?

PAYC stock was sold by a variety of institutional investors in the last quarter, including Frontier Capital Management Co. LLC, Calamos Advisors LLC, Gateway Investment Advisers LLC, Sumitomo Mitsui Trust Holdings Inc., Chevy Chase Trust Holdings Inc., Kestra Advisory Services LLC, New York State Teachers Retirement System, and Security Asset Management. Company insiders that have sold Paycom Software company stock in the last year include Bradley Scott Smith, Craig E Boelte, Frederick C Peters II, J C Watts, Jr, Jason D Clark, and Jon Evans.
View insider buying and selling activity for Paycom Software or view top insider-selling stocks.

Which major investors are buying Paycom Software stock?

PAYC stock was purchased by a variety of institutional investors in the last quarter, including Scout Investments Inc., Fisher Asset Management LLC, Foster Victor Wealth Advisors LLC, Private Advisor Group LLC, Total Clarity Wealth Management Inc., Karp Capital Management Corp, Bank Hapoalim BM, and Pensionfund DSM Netherlands.
View insider buying and selling activity for Paycom Software or or view top insider-buying stocks.

How do I buy shares of Paycom Software?

Shares of PAYC 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 $536.15.

How much money does Paycom Software make?

Paycom Software has a market capitalization of $32.22 billion and generates $841.43 million in revenue each year. The software maker earns $143.45 million in net income (profit) each year or $2.33 on an earnings per share basis.

How many employees does Paycom Software have?

Paycom Software employs 4,218 workers across the globe.

When was Paycom Software founded?

Paycom Software was founded in 1998.

What is Paycom Software's official website?

The official website for Paycom Software is www.paycom.com.

Where are Paycom Software's headquarters?

Paycom Software is headquartered at 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142.

How can I contact Paycom Software?

Paycom Software's mailing address is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. The software maker can be reached via phone at (405) 722-6900 or via email at [email protected].