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, 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Current SymbolNYSE:PAYC
Previous Symbol
CUSIPN/A
Phone405-722-6900
Debt
Debt-to-Equity Ratio0.09
Current Ratio1.08
Quick Ratio1.08
Price-To-Earnings
Trailing P/E Ratio140.48
Forward P/E Ratio57.50
P/E Growth2.24
Sales & Book Value
Annual Sales$433.05 million
Price / Sales16.73
Cash Flow$1.2209 per share
Price / Cash101.25
Book Value$6.15 per share
Price / Book20.10
Profitability
EPS (Most Recent Fiscal Year)$0.88
Net Income$66.80 million
Net Margins22.37%
Return on Equity39.19%
Return on Assets7.76%
Miscellaneous
Employees2,548
Outstanding Shares58,610,000
Market Cap$7.25 billion
OptionableOptionable
Paycom Software (NYSE:PAYC) Frequently Asked Questions
What is Paycom Software's stock symbol?
Paycom Software trades on the New York Stock Exchange (NYSE) under the ticker symbol "PAYC."
How will Paycom Software's stock buyback program work?
Paycom Software declared that its Board of Directors has initiated a share buyback plan on Thursday, February 15th 2018, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its stock is undervalued.
How were Paycom Software's earnings last quarter?
Paycom Software Inc (NYSE:PAYC) posted its quarterly earnings results on Tuesday, October, 30th. The software maker reported $0.52 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.51 by $0.01. The software maker had revenue of $133.29 million for the quarter, compared to analyst estimates of $130.52 million. Paycom Software had a net margin of 22.37% and a return on equity of 39.19%. The business's quarterly revenue was up 31.6% compared to the same quarter last year. During the same period last year, the firm earned $0.39 earnings per share. View Paycom Software's Earnings History.
When is Paycom Software's next earnings date?
What guidance has Paycom Software issued on next quarter's earnings?
Paycom Software issued an update on its earnings guidance on Tuesday, October, 30th. The company provided earnings per share (EPS) guidance of for the period.
What price target have analysts set for PAYC?
16 brokers have issued 1-year target prices for Paycom Software's stock. Their forecasts range from $80.00 to $160.00. On average, they expect Paycom Software's share price to reach $125.9375 in the next twelve months. This suggests a possible upside of 1.9% from the stock's current price. View Analyst Price Targets for Paycom Software.
What is the consensus analysts' recommendation for Paycom Software?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 9 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings 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 reported strong third quarter 2018 results and raised full year revenue guidance. Revenue growth seems to be steady and was positively impacted by higher recurring revenues and higher traction in cloud-based offerings. Better-than-expected demand for advanced human capital management solutions is a key positive. Going ahead, Paycom might witness long-term growth by successfully cross-selling newer products to the existing client base, which will boost revenues. The company is gaining foothold among larger companies and as a result it is expanding its proactive sales effort to target companies with 50-5000 employees. Shares have outperformed the broader industry on a year-to-date basis. Nevertheless, increasing competition from companies like Paylocity Holding Corporation, Intuit and Paychex remains a headwind, which could lead to pricing pressure and affect Paycom’s margins." (11/14/2018)
- 2. KeyCorp analysts commented, "We remain Overweight PAYC, as a unique cloud asset modernizing the payroll market, which gives the Company the opportunity to double revenue to $1B+ within four years while maintaining a best-in-class EBITDA margin of 40%+." (8/1/2018)
Has Paycom Software been receiving favorable news coverage?
Headlines about PAYC stock have been trending very positive this week, InfoTrie reports. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Paycom Software earned a media sentiment score of 4.0 on InfoTrie's scale. They also gave news articles about the software maker a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future.
Who are some of Paycom Software's key competitors?
Some companies that are related to Paycom Software include Electronic Arts (EA), Check Point Software Technologies (CHKP), CA (CA), Shopify (SHOP), Symantec (SYMC), Citrix Systems (CTXS), Splunk (SPLK), Synopsys (SNPS), Veeva Systems (VEEV), ANSYS (ANSS), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Cadence Design Systems (CDNS), Temenos (TMNSF), SS&C Technologies (SSNC) and PTC (PTC).
Who are Paycom Software's key executives?
Paycom Software's management team includes the folowing people:
- Mr. Chad Richison, Founder, Chairman, Pres & CEO (Age 48)
- Mr. Craig E. Boelte, CFO, Treasurer & Corp. Sec. (Age 55)
- Mr. Jeffrey D. York, Chief Sales Officer (Age 51)
- Mr. Jon Evans, Chief Operating Officer (Age 52)
- Mr. Bradley Scott Smith, Chief Information Officer (Age 48)
Who are Paycom Software's major shareholders?
Paycom Software's stock is owned by many different of retail and institutional investors. Top institutional investors include FMR LLC (7.41%), Capital International Investors (5.36%), Capital World Investors (5.30%), BlackRock Inc. (3.73%), Allianz Asset Management GmbH (1.83%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.51%). Company insiders that own Paycom Software stock include Bradley Scott Smith, Chad R Richison, 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.
Which institutional investors are selling Paycom Software stock?
PAYC stock was sold by a variety of institutional investors in the last quarter, including Capital World Investors, FMR LLC, Jennison Associates LLC, Jackson Square Partners LLC, Dimensional Fund Advisors LP, Jane Street Group LLC, Eagle Asset Management Inc. and Renaissance Technologies LLC. Company insiders that have sold Paycom Software company stock in the last year 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 Insider Buying and Selling for Paycom Software.
Which institutional investors are buying Paycom Software stock?
PAYC stock was purchased by a variety of institutional investors in the last quarter, including Capital International Investors, Wedge Capital Management L L P NC, Allianz Asset Management GmbH, Penserra Capital Management LLC, Alliancebernstein L.P., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, First Trust Advisors LP and Engineers Gate Manager LP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.
What is Paycom Software's stock price today?
One share of PAYC stock can currently be purchased for approximately $123.62.
How big of a company is Paycom Software?
Paycom Software has a market capitalization of $7.25 billion and generates $433.05 million in revenue each year. The software maker earns $66.80 million in net income (profit) each year or $0.88 on an earnings per share basis. Paycom Software employs 2,548 workers across the globe.
What is Paycom Software's official website?
How can I contact Paycom Software?
Paycom Software's mailing address is 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. The software maker can be reached via phone at 405-722-6900 or via email at [email protected]
MarketBeat Community Rating for Paycom Software (NYSE PAYC)
MarketBeat's community ratings are surveys of what our community members think about Paycom Software and other stocks. Vote "Outperform" if you believe PAYC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAYC will underperform the S&P 500 over the long term. You may vote once every thirty days.
