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

$241.42
+6.28 (+2.67 %)
(As of 08/18/2019 08:54 AM ET)
Today's Range
$231.56
Now: $241.42
$242.2050
50-Day Range
$221.07
MA: $236.30
$244.17
52-Week Range
$107.46
Now: $241.42
$246.85
Volume344,300 shs
Average Volume643,044 shs
Market Capitalization$14.10 billion
P/E Ratio94.06
Dividend YieldN/A
Beta1.59
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. Read More…

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$2.74 per share
Book Value$7.44 per share

Profitability

Net Income$137.06 million

Miscellaneous

Employees3,050
Market Cap$14.10 billion
Next Earnings Date10/29/2019 (Estimated)
OptionableOptionable

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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 has authorized a share buyback plan on Thursday, February 15th 2018, which authorizes the company to repurchase $100,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Stock repurchase plans are often a sign that the company's leadership believes its stock is undervalued.

How were Paycom Software's earnings last quarter?

Paycom Software Inc (NYSE:PAYC) posted its quarterly earnings data on Tuesday, July, 30th. The software maker reported $0.75 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.14. The software maker earned $169.30 million during the quarter, compared to analyst estimates of $163.88 million. Paycom Software had a net margin of 23.93% and a return on equity of 38.25%. The company's quarterly revenue was up 31.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.59 EPS. 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, October 29th 2019. View Earnings Estimates for Paycom Software.

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

Paycom Software updated its third quarter 2019 earnings guidance on Tuesday, July, 30th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $170-172 million, compared to the consensus revenue estimate of $168.22 million.

What price target have analysts set for PAYC?

14 equities research analysts have issued twelve-month price targets for Paycom Software's shares. Their forecasts range from $139.00 to $280.00. On average, they anticipate Paycom Software's share price to reach $216.6154 in the next twelve months. This suggests that the stock has a possible downside of 10.3%. 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 9 hold ratings and 5 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. 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)
  • 2. According to Zacks Investment Research, "Paycom Software delivered strong first-quarter 2019 results benefiting from new business wins. The company is gaining from steady revenue growth, backed by the rising recurring revenues and higher traction from cloud-based offerings. Its focused sales efforts and a concentrated employee usage strategy are driving growth. Robust adoption of enhanced Human Capital Management software solutions is a key catalyst. The launch of new Direct Data Exchange for all Paycom clients in the quarter is also likely to boost client gains. Shares of the company have outperformed the industry year to date. However, stiff competition from companies like ADP, Paylocity, Intuit and Paychex is a lingering headwind, which could induce pricing pressure and affect Paycom’s margins. Further, the full-year guidance provided by the company implies a deceleration, which makes us anxious about the stock's prospects." (5/6/2019)

Has Paycom Software been receiving favorable news coverage?

News headlines about PAYC stock have trended negative on Sunday, InfoTrie reports. The research group rates the sentiment of news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Paycom Software earned a news impact score of -2.3 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Paycom Software.

Are investors shorting Paycom Software?

Paycom Software saw a drop in short interest in July. As of July 31st, there was short interest totalling 2,863,800 shares, a drop of 8.1% from the June 30th total of 3,116,000 shares. Based on an average daily volume of 718,700 shares, the short-interest ratio is presently 4.0 days. Approximately 5.9% of the shares of the company 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), Celgene (CELG), Paypal (PYPL), Alibaba Group (BABA), Netflix (NFLX), Shopify (SHOP), Arista Networks (ANET), Skyworks Solutions (SWKS), Ambarella (AMBA) and Square (SQ).

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 many different of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.31%), BlackRock Inc. (4.84%), Brown Capital Management LLC (4.31%), Kayne Anderson Rudnick Investment Management LLC (3.42%), Allianz Asset Management GmbH (1.69%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.53%). 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 Brown Capital Management LLC, Jennison Associates LLC, Jennison Associates LLC, Waddell & Reed Financial Inc., JPMorgan Chase & Co., Allianz Asset Management GmbH, Janus Henderson Group PLC and Janus Henderson Group PLC. Company insiders that have sold Paycom Software company stock in the last year include Bradley Scott Smith, Craig E Boelte, 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 bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Nuveen Asset Management LLC, Sumitomo Mitsui Trust Holdings Inc., Balyasny Asset Management LLC, AXA, Invesco Ltd. and UBS Asset Management Americas 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 $241.42.

How big of a company is Paycom Software?

Paycom Software has a market capitalization of $14.10 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.

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:  3.0 out of 5 (star star star)
Outperform Votes:  544 (Vote Outperform)
Underperform Votes:  349 (Vote Underperform)
Total Votes:  893
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 8/18/2019 by MarketBeat.com Staff

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