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NYSE:PAYCPaycom Software Stock Price, Forecast & News

$309.00
-5.01 (-1.60 %)
(As of 07/10/2020 04:00 PM ET)
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Today's Range
$307.01
Now: $309.00
$315.23
50-Day Range
$269.35
MA: $306.67
$331.02
52-Week Range
$163.42
Now: $309.00
$342.00
Volume421,900 shs
Average Volume608,080 shs
Market Capitalization$18.10 billion
P/E Ratio91.96
Dividend YieldN/A
Beta1.55
Paycom Software, Inc. provides cloud-based human capital management (HCM) software service for small to mid-sized companies in the United States. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers 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, and geofencing/geotracking. Its HCM solution also provides payroll applications comprising payroll and tax management, Paycom pay, expense management, garnishment management, mileage tracker/fixed and variable rates, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, executive dashboard, and Paycom learning and course content. In addition, the company's HCM solution offers HR management applications, which comprise document and task management, government and compliance, benefits administration/benefits to carrier, COBRA administration, personnel action forms, surveys, and affordable care act applications. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.
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Beat the Market (BTM) Rank

Analyst Opinion: 2.1Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.42 out of 5 stars


Industry, Sector and Symbol

Industry Prepackaged software
Sub-IndustryN/A
CUSIPN/A
Phone405-722-6900

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$737.67 million
Cash Flow$3.57 per share
Book Value$9.02 per share

Profitability

Net Income$180.58 million

Miscellaneous

Employees3,765
Market Cap$18.10 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Paycom Software (NYSE:PAYC) Frequently Asked Questions

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 (WHO). Since then, PAYC stock has increased by 40.0% and is now trading at $309.00. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Paycom Software?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 2 sell ratings, 8 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Paycom Software.

When is Paycom Software's next earnings date?

Paycom Software is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Paycom Software.

How were Paycom Software's earnings last quarter?

Paycom Software Inc (NYSE:PAYC) posted its earnings results on Tuesday, April, 28th. The software maker reported $1.33 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $1.26 by $0.07. The software maker had revenue of $242.40 million for the quarter, compared to analyst estimates of $237.93 million. Paycom Software had a net margin of 25.17% and a return on equity of 37.04%. The firm's revenue for the quarter was up 21.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.19 earnings per share. View Paycom Software's earnings history.

How will Paycom Software's stock buyback program work?

Paycom Software announced that its Board of Directors has authorized a stock buyback program on Thursday, March 12th 2020, which allows the company to buyback $250,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to repurchase up to 1.9% of its shares through open market purchases. Shares buyback programs are typically a sign that the company's management believes its stock is undervalued.

What price target have analysts set for PAYC?

16 equities research analysts have issued 12 month target prices for Paycom Software's shares. Their forecasts range from $175.00 to $327.00. On average, they expect Paycom Software's stock price to reach $246.75 in the next year. This suggests that the stock has a possible downside of 20.1%. View analysts' price targets for Paycom Software.

What are Wall Street analysts saying about Paycom Software stock?

Here are some recent quotes from research analysts about Paycom Software stock:
  • 1. According to Zacks Investment Research, "Paycom recently reported stellar first-quarter 2020 results despite the unexpected rate cuts and spike in unemployment level due to the coronavirus. The company is benefiting from its differentiated employee strategy, measurement capabilities and comprehensive product offering. Paycom’s differentiated product offering, Direct Data Exchange, for all its clients is boosting customer addition. Further, the latest launch of Ask Here and Manager on-the-Go, both focusing on greater employee usage and efficiency, is a tailwind. Paycom is winning market share over the most critical client demand area of HCM, which in turn, supports its growth. Shares of the company have outperformed the industry in the past year. However, stiff competition from companies like ADP is a headwind, which could induce pricing pressure and shrink Paycom’s margins." (5/4/2020)
  • 2. Northland Securities analysts commented, "We believe the consistency will continue as the company continues to expand its revenue per subscriber building a competitive barrier driven by expanding office openings which we expect to continue upon its historical base. Estimates PAYC beat on the top-line in Q2 posting revenue of $169.3M (+31% Y/ Y) beating consensus of $162.9M. EPS of $0.75 topping consensus of $0.70 and Adj. EBITDA for the quarter was $69.4mn up 31% Y/Y topping consensus $63.9M." (9/24/2019)

Has Paycom Software been receiving favorable news coverage?

Headlines about PAYC stock have trended very negative this week, according to InfoTrie Sentiment. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Paycom Software earned a media sentiment score of -3.8 on InfoTrie's scale. They also assigned media stories about the software maker a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news about Paycom Software.

Are investors shorting Paycom Software?

Paycom Software saw a drop in short interest in the month of June. As of June 15th, there was short interest totaling 2,580,000 shares, a drop of 14.0% from the May 31st total of 3,000,000 shares. Based on an average trading volume of 1,080,000 shares, the days-to-cover ratio is presently 2.4 days. Currently, 5.3% of the shares of the company are sold short. View Paycom Software's Current Options Chain.

Who are some of Paycom Software's key 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), Alibaba Group (BABA), Paypal (PYPL), Shopify (SHOP), Mastercard (MA), Trade Desk (TTD), Netflix (NFLX), Adobe (ADBE), Square (SQ) and salesforce.com (CRM).

Who are Paycom Software's key executives?

Paycom Software's management team includes the following people:
  • Mr. Chad Richison, Founder, Pres, CEO & Chairman (Age 49)
  • Mr. Craig E. Boelte, CFO, Treasurer & Corp. Sec. (Age 56)
  • Mr. Jon D. Evans, Chief Operating Officer (Age 53)
  • Mr. Bradley Scott Smith, Chief Information Officer (Age 49)
  • Mr. Jeffrey D. York, Chief Sales Officer (Age 52)

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 Riverbridge Partners LLC (0.64%), Envestnet Asset Management Inc. (0.11%), State of Alaska Department of Revenue (0.04%), Paragon Advisors LLC (0.01%), Diversified Trust Co (0.01%) and Patton Fund Management Inc. (0.00%). Company insiders that own Paycom Software stock include Bradley Scott Smith, Chad R Richison, Craig E Boelte, Frederick C Peters II, Jason D Clark, Jeffrey D York, Jon Evans, Kathy Oden-Hall and Robert J Levenson. View institutional ownership trends for Paycom Software.

Which institutional investors are selling Paycom Software stock?

PAYC stock was sold by a variety of institutional investors in the last quarter, including Patton Fund Management Inc., and Mount Yale Investment Advisors LLC. Company insiders that have sold Paycom Software company stock in the last year include Bradley Scott Smith, Chad R Richison, Craig E Boelte, Frederick C Peters II, Jason D Clark, Jeffrey D York, Jon Evans, and Robert J Levenson. View insider buying and selling activity for Paycom Software.

Which institutional investors are buying Paycom Software stock?

PAYC stock was acquired by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Envestnet Asset Management Inc., Paragon Advisors LLC, Forte Capital LLC ADV, Contravisory Investment Management Inc., Canandaigua National Corp, State of Alaska Department of Revenue, and Fulton Bank N. A.. View insider buying and selling activity for Paycom Software.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Paycom Software's stock price today?

One share of PAYC stock can currently be purchased for approximately $309.00.

How big of a company is Paycom Software?

Paycom Software has a market capitalization of $18.10 billion and generates $737.67 million in revenue each year. The software maker earns $180.58 million in net income (profit) each year or $2.86 on an earnings per share basis. Paycom Software employs 3,765 workers across the globe.

What is Paycom Software's official website?

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

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]

This page was last updated on 7/12/2020 by MarketBeat.com Staff

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