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

$208.94
-20.27 (-8.84 %)
(As of 03/29/2020 05:52 AM ET)
Today's Range
$207.47
Now: $208.94
$223.97
50-Day Range
$178.94
MA: $264.19
$324.48
52-Week Range
$173.65
Now: $208.94
$342.00
Volume1.11 million shs
Average Volume1.21 million shs
Market Capitalization$12.30 billion
P/E Ratio67.62
Dividend YieldN/A
Beta1.22
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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Paycom Software logo

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$737.67 million
Cash Flow$3.26 per share
Book Value$9.02 per share

Profitability

Net Income$180.58 million

Miscellaneous

Employees3,765
Market Cap$12.30 billion
Next Earnings Date5/5/2020 (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 Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, PAYC shares have decreased by 5.3% and is now trading at $208.94. View which stocks have been mosted impacted by Coronavirus.

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

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 9 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, May 5th 2020. View our earnings forecast for Paycom Software.

How were Paycom Software's earnings last quarter?

Paycom Software Inc (NYSE:PAYC) announced its earnings results on Wednesday, February, 5th. The software maker reported $0.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.09. The software maker earned $193.40 million during the quarter, compared to analysts' expectations of $190.34 million. Paycom Software had a net margin of 24.48% and a return on equity of 37.47%. Paycom Software's quarterly revenue was up 28.7% on a year-over-year basis. During the same period last year, the firm posted $0.61 earnings per share. View Paycom Software's earnings history.

How will Paycom Software's stock buyback program work?

Paycom Software declared that its Board of Directors has approved a share buyback program on Thursday, March 12th 2020, which authorizes the company to repurchase $250,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to reacquire up to 1.9% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's board believes its shares are undervalued.

What guidance has Paycom Software issued on next quarter's earnings?

Paycom Software issued an update on its first quarter 2020 After-Hours earnings guidance on Wednesday, February, 5th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $240-242 million, compared to the consensus revenue estimate of $248.06 million.

What price target have analysts set for PAYC?

15 analysts have issued twelve-month price objectives for Paycom Software's shares. Their forecasts range from $179.00 to $367.00. On average, they anticipate Paycom Software's stock price to reach $270.80 in the next year. This suggests a possible upside of 29.6% from the stock's current price. 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. 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)
  • 2. According to Zacks Investment Research, "Paycom reported strong Q2 results wherein both earnings and revenues increased year over year and surpassed estimates as well. The company is gaining from solid growth in recurring revenues, backed by new business wins and an increased existing clientele. A strong spurt in sales can be attributed to its employee usage strategy, sales efforts and investments. The launch of differentiated product offering, Direct Data Exchange, for all Paycom Software clients in the first quarter is also boosting client additions. The release of Ask Here also makes us optimistic. However, stiff competition from companies like ADP is a lingering headwind, which could induce pricing pressure and shrink Paycom’s margins. Further, the company’s full-year guidance implies a deceleration in revenue growth, which makes us anxious about the stock's prospects." (8/21/2019)
  • 3. KeyCorp analysts commented, "We are raising estimates based on incremental confidence in the Company’s ability to maintain its industry leading growth rate and improve margins addressing small- and medium-sized business needs. We are also raising our price target to $246 from $215 and maintaining an Overweight rating." (6/20/2019)

Has Paycom Software been receiving favorable news coverage?

News stories about PAYC stock have been trending somewhat positive on Sunday, InfoTrie Sentiment reports. InfoTrie rates the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. 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 news sentiment score of 1.2 on InfoTrie's scale. They also gave news coverage about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news aboutPaycom Software.

Are investors shorting Paycom Software?

Paycom Software saw a decline in short interest in the month of February. As of February 28th, there was short interest totaling 1,980,000 shares, a decline of 11.6% from the February 13th total of 2,240,000 shares. Based on an average daily trading volume, of 882,700 shares, the days-to-cover ratio is presently 2.2 days. Currently, 4.0% of the shares of the stock 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), Mastercard (MA), Shopify (SHOP), Netflix (NFLX), Trade Desk (TTD), Adobe (ADBE), Square (SQ) and Celgene (CELG).

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 a variety of retail and institutional investors. Top institutional shareholders include Kayne Anderson Rudnick Investment Management LLC (3.51%), FMR LLC (3.16%), Capital World Investors (2.74%), Capital International Investors (2.17%), State Street Corp (1.82%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.54%). 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.

Which institutional investors are selling Paycom Software stock?

PAYC stock was sold by a variety of institutional investors in the last quarter, including Capital Research Global Investors, FMR LLC, Capital World Investors, Jackson Square Partners LLC, Janus Henderson Group PLC, Tocqueville Asset Management L.P., First Trust Advisors LP, and AQR Capital Management LLC. Company insiders that have sold Paycom Software company stock in the last year include Bradley Scott Smith, Jeffrey D York, and Jon Evans. View insider buying and selling activity for Paycom Software.

Which institutional investors are buying Paycom Software stock?

PAYC stock was bought by a variety of institutional investors in the last quarter, including Norges Bank, 1832 Asset Management L.P., UBS Asset Management Americas Inc., Stifel Financial Corp, Franklin Resources Inc., Franklin Resources Inc., Victory Capital Management Inc., and Amundi Pioneer Asset Management Inc.. 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 $208.94.

How big of a company is Paycom Software?

Paycom Software has a market capitalization of $12.30 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. View additional information about Paycom Software.

What is Paycom Software's official website?

The official website for Paycom Software is http://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]


MarketBeat Community Rating for Paycom Software (NYSE PAYC)

Community Ranking:  2.8 out of 5 (star star)
Outperform Votes:  602 (Vote Outperform)
Underperform Votes:  489 (Vote Underperform)
Total Votes:  1,091
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.
This page was last updated on 3/29/2020 by MarketBeat.com Staff

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