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.
Industry, Sector and Symbol
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
Phone405-722-6900
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$566.34 million
Profitability
Miscellaneous
Employees3,050
Next Earnings Date7/30/2019 (Estimated)
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 announced that its Board of Directors has initiated a share buyback program on Thursday, February 15th 2018, which permits the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization permits the company to purchase shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company's board believes its stock is undervalued.
How were Paycom Software's earnings last quarter?
Paycom Software Inc (NYSE:PAYC) issued its quarterly earnings data on Tuesday, April, 30th. The software maker reported $0.82 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.89 by $0.07. The software maker earned $199.90 million during the quarter, compared to analyst estimates of $195.53 million. Paycom Software had a return on equity of 39.02% and a net margin of 23.38%. The company's revenue for the quarter was up 29.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.95 EPS. 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 second quarter 2019 earnings guidance on Tuesday, April, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $162.5-164.5 million, compared to the consensus revenue estimate of $162.6 million.Paycom Software also updated its FY 2019 guidance to EPS.
What price target have analysts set for PAYC?
12 brokerages have issued 12-month price targets for Paycom Software's shares. Their forecasts range from $125.00 to $233.00. On average, they expect Paycom Software's stock price to reach $183.50 in the next twelve months. This suggests that the stock has a possible downside of 11.5%. View Analyst Price Targets for Paycom Software.
What is the consensus analysts' recommendation for Paycom Software?
12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paycom Software.
Has Paycom Software been receiving favorable news coverage?
News coverage about PAYC stock has trended somewhat negative this week, InfoTrie reports. InfoTrie ranks the sentiment of media coverage by analyzing 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 closest to five being the most favorable. Paycom Software earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 5.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next several days.
Who are some of Paycom Software's key competitors?
Some companies that are related to Paycom Software include Dassault Systemes (DASTY), Autodesk (ADSK), Activision Blizzard (ATVI), Shopify (SHOP), Electronic Arts (EA), Square (SQ), Splunk (SPLK), Veeva Systems (VEEV), Cadence Design Systems (CDNS), CA (CA), Check Point Software Technologies (CHKP), Synopsys (SNPS), Twilio (TWLO), ANSYS (ANSS) and SS&C Technologies (SSNC).
What other stocks do shareholders of Paycom Software own?
Who are Paycom Software's key executives?
Paycom Software's management team includes the folowing 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)
Who are Paycom Software's major shareholders?
Paycom Software's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (5.08%), BlackRock Inc. (3.80%), Kayne Anderson Rudnick Investment Management LLC (3.24%), JPMorgan Chase & Co. (1.57%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.54%) and Jackson Square Partners LLC (1.45%). 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 FMR LLC, Goldman Sachs Group Inc., Waratah Capital Advisors Ltd., JPMorgan Chase & Co., Jennison Associates LLC, New York State Common Retirement Fund, Macquarie Group Ltd. and Wedge Capital Management L L P NC. 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 and Robert J Levenson. View Insider Buying and Selling 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 Geode Capital Management LLC, AQR Capital Management LLC, Renaissance Technologies LLC, Jackson Square Partners LLC, Moody Lynn & Lieberson LLC, SEI Investments Co, Victory Capital Management Inc. and Los Angeles Capital Management & Equity Research Inc.. 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 $207.29.
How big of a company is Paycom Software?
Paycom Software has a market capitalization of $12.13 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.
What is Paycom Software's official website?
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)
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.
