NYSE:PAYC - Paycom Software Stock Price, Forecast & News

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

Paycom Software announced that its board has approved a stock repurchase program on Thursday, February 15th 2018, which authorizes the company to buyback $100,000,000.00 in shares, according to EventVestor. This buyback authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its stock is undervalued.

Paycom Software Inc (NYSE:PAYC) posted its quarterly earnings data on Tuesday, October, 29th. The software maker reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.58 by $0.12. The software maker had revenue of $175 million for the quarter, compared to the consensus estimate of $171.46 million. Paycom Software had a return on equity of 38.52% and a net margin of 23.99%. The firm's revenue was up 31.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.52 EPS. View Paycom Software's Earnings History.

Paycom Software is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Paycom Software.

15 brokers have issued 12-month price objectives for Paycom Software's stock. Their forecasts range from $175.00 to $325.00. On average, they anticipate Paycom Software's share price to reach $246.50 in the next year. This suggests that the stock has a possible downside of 16.8%. View Analyst Price Targets for Paycom Software.

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paycom Software.

Media headlines about PAYC stock have trended very negative recently, InfoTrie reports. The research firm rates the sentiment of media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Paycom Software earned a daily sentiment score of -3.8 on InfoTrie's scale. They also assigned media coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Paycom Software.

Paycom Software saw a decline in short interest in December. As of December 31st, there was short interest totalling 1,910,000 shares, a decline of 8.6% from the December 15th total of 2,090,000 shares. Based on an average trading volume of 525,600 shares, the days-to-cover ratio is presently 3.6 days. Approximately 3.9% of the shares of the company are sold short. View Paycom Software's Current Options Chain.

Some companies that are related to Paycom Software include VMware (VMW), Uber Technologies (UBER), ServiceNow (NOW), Shopify (SHOP), Activision Blizzard (ATVI), Dassault Systemes (DASTY), Autodesk (ADSK), Electronic Arts (EA), Square (SQ), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS) and Check Point Software Technologies (CHKP).

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

Paycom Software's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (0.67%), Wedge Capital Management L L P NC (0.30%), Johanson Financial Advisors Inc. (0.05%), Tocqueville Asset Management L.P. (0.03%), First National Bank of Omaha (0.03%) and Commerzbank Aktiengesellschaft FI (0.03%). Company insiders that own Paycom Software stock include Bradley Scott Smith, Craig E Boelte, Jason D Clark, Jeffrey D York, Jon Evans, Kathy Oden-Hall, Robert J Levenson and Stacey M Pezold. View Institutional Ownership Trends for Paycom Software.

PAYC stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Wedge Capital Management L L P NC, Gateway Investment Advisers LLC, Harvest Investment Services LLC, Riverbridge Partners LLC, Alpine Global Management LLC, First National Bank of Omaha and Winslow Evans & Crocker Inc.. Company insiders that have sold Paycom Software company stock in the last year include Bradley Scott Smith, Craig E Boelte, Jeffrey D York and Jon Evans. View Insider Buying and Selling for Paycom Software.

PAYC stock was purchased by a variety of institutional investors in the last quarter, including Johanson Financial Advisors Inc., Pennsylvania Trust Co, Paragon Advisors LLC, Commerzbank Aktiengesellschaft FI, Foster Victor Wealth Advisors LLC, State of Alaska Department of Revenue, Sciencast Management LP and Wedbush Securities Inc.. View Insider Buying and Selling for 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.

One share of PAYC stock can currently be purchased for approximately $296.24.

Paycom Software has a market capitalization of $17.30 billion and generates $566.34 million in revenue each year. The software maker earns $137.06 million in net income (profit) each year or $2.18 on an earnings per share basis. Paycom Software employs 3,050 workers across the globe.View Additional Information About Paycom Software.

The official website for Paycom Software is http://www.paycom.com/.

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]