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

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$182.47 +4.09 (+2.29 %)
(As of 02/15/2019 04:00 PM ET)
Previous Close$182.47
Today's Range$177.65 - $182.5250
52-Week Range$93.00 - $182.52
Volume727,271 shs
Average Volume714,797 shs
Market Capitalization$10.70 billion
P/E Ratio83.70
Dividend YieldN/A
Beta1.78
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.

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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$566.34 million
Cash Flow$1.2874 per share
Book Value$2.32 per share

Profitability

Net Income$137.07 million

Miscellaneous

Employees2,548
Market Cap$10.70 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 approved a share buyback plan 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 reacquire shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company's board believes its shares are undervalued.

How were Paycom Software's earnings last quarter?

Paycom Software Inc (NYSE:PAYC) issued its earnings results on Tuesday, February, 5th. The software maker reported $0.61 earnings per share for the quarter, beating the consensus estimate of $0.48 by $0.13. The software maker earned $150.33 million during the quarter, compared to analyst estimates of $144.10 million. Paycom Software had a return on equity of 38.66% and a net margin of 24.20%. Paycom Software's revenue for the quarter was up 31.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.90 earnings per share. View Paycom Software's Earnings History.

When is Paycom Software's next earnings date?

Paycom Software is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for Paycom Software.

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

Paycom Software issued an update on its FY 2019 earnings guidance on Tuesday, February, 5th. The company provided EPS guidance of for the period. The company issued revenue guidance of $710-712 million, compared to the consensus revenue estimate of $695.97 million.Paycom Software also updated its Q1 2019 guidance to EPS.

What price target have analysts set for PAYC?

14 brokers have issued 12-month price targets for Paycom Software's shares. Their predictions range from $115.00 to $182.00. On average, they anticipate Paycom Software's stock price to reach $146.9286 in the next twelve months. This suggests that the stock has a possible downside of 19.5%. View Analyst Price Targets for Paycom Software.

What is the consensus analysts' recommendation for Paycom Software?

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 8 hold ratings and 6 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 delivered better-than-expected Q4 results on the back of new business wins for HCM software solutions. The company is gaining from steady revenue growth which is positively impacted by higher recurring revenues and higher traction in cloud-based offerings. Higher retention rate aided by mobile app adoption is a tailwind. Going ahead, Paycom might witness long-term growth by successfully cross-selling newer products to the existing client base, which will boost revenues.  Shares have outperformed the industry in the past year. Nevertheless, increasing competition from companies like ADP, Paylocity, Intuit and Paychex remain a headwind, which could lead to pricing pressure and affect Paycom’s margins. Moreover, higher R&D spends and longer sales cycle associated with the company's plan to move up-market is a concern." (2/7/2019)
  • 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?

News articles about PAYC stock have trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded 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 1.5 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 1.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future.

Who are some of Paycom Software's key competitors?

Who are Paycom Software's key executives?

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

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 BlackRock Inc. (3.77%), Kayne Anderson Rudnick Investment Management LLC (3.35%), Congress Asset Management Co. MA (1.27%), Jennison Associates LLC (1.07%), New York State Common Retirement Fund (1.03%) and Eaton Vance Management (0.98%). 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 Millennium Management LLC, Macquarie Group Ltd., Bank of America Corp DE, Wedge Capital Management L L P NC, Penserra Capital Management LLC, Congress Asset Management Co. MA, Dimensional Fund Advisors LP and New York State Common Retirement Fund. 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 bought by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Waratah Capital Advisors Ltd., Jennison Associates LLC, First Trust Advisors LP, Fundsmith LLP, Calamos Advisors LLC, Riverstone Advisors LLC and Lord Abbett & CO. LLC. 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 $182.47.

How big of a company is Paycom Software?

Paycom Software has a market capitalization of $10.70 billion and generates $566.34 million in revenue each year. The software maker earns $137.07 million in net income (profit) each year or $2.18 on an earnings per share basis. Paycom Software employs 2,548 workers across the globe.

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 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)

Community Ranking:  3.2 out of 5 (star star star)
Outperform Votes:  507 (Vote Outperform)
Underperform Votes:  280 (Vote Underperform)
Total Votes:  787
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 2/16/2019 by MarketBeat.com Staff

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