NYSE:PAYC Paycom Software - PAYC Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paycom Software, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. $270.37 -6.57 (-2.37%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$269.00▼$275.7750-Day Range$270.37▼$352.4152-Week Range$255.82▼$402.78Volume514,046 shsAverage Volume461,558 shsMarket Capitalization$16.31 billionP/E Ratio55.75Dividend YieldN/APrice Target$387.00 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paycom Software MarketRank™ ForecastAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside43.1% Upside$387.00 Price TargetShort InterestHealthy2.33% of Float Sold ShortDividend StrengthN/ASustainability-0.12Upright™ Environmental ScoreNews Sentiment0.41Based on 7 Articles This WeekInsider TradingSelling Shares$297,813 Sold Last QuarterProj. Earnings Growth23.41%From $5.98 to $7.38 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.10 out of 5 starsComputer And Technology Sector16th out of 604 stocksPrepackaged Software Industry3rd out of 211 stocks 4.3 Analyst's Opinion Consensus RatingPaycom Software has received a consensus rating of Buy. The company's average rating score is 2.62, and is based on 9 buy ratings, 3 hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $387.00, Paycom Software has a forecasted upside of 43.1% from its current price of $270.37.Amount of Analyst CoveragePaycom Software has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.33% of the float of Paycom Software has been sold short.Short Interest Ratio / Days to CoverPaycom Software has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Paycom Software has recently increased by 6.25%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldPaycom Software does not currently pay a dividend.Dividend GrowthPaycom Software does not have a long track record of dividend growth. Previous Next 3.6 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePaycom Software has received a 45.57% net impact score from Upright. Paycom Software seems to create the most significant positive value in categories "Taxes", "Distributing knowledge", and "Jobs". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Employee onboarding and offboarding software", "Payroll management software", and "Applicant tracking software for recruiting" products. See details.Environmental SustainabilityThe Environmental Impact score for Paycom Software is -0.12. Previous Next 1.9 News and Social Media Coverage News SentimentPaycom Software has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 7 news articles for Paycom Software this week, compared to 5 articles on an average week.Search InterestOnly 15 people have searched for PAYC on MarketBeat in the last 30 days. This is a decrease of -25% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Paycom Software to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paycom Software insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $297,813.00 in company stock.Percentage Held by Insiders15.20% of the stock of Paycom Software is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.58% of the stock of Paycom Software is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Paycom Software are expected to grow by 23.41% in the coming year, from $5.98 to $7.38 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paycom Software is 55.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 119.78.Price to Earnings Ratio vs. SectorThe P/E ratio of Paycom Software is 55.75, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 302.31.Price to Earnings Growth RatioPaycom Software has a PEG Ratio of 1.85. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPaycom Software has a P/B Ratio of 13.72. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Paycom Software (NYSE:PAYC) StockPaycom Software, Inc. engages in the provision of cloud-based human capital management (HCM) software solutions delivered as Software-as-a-Service. It offers functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. Its solutions include talent acquisition, time and labor management, payroll, talent management, and human resource management. The company was founded by Chad R. Richison in 1998 and is headquartered in Oklahoma City, OK.Read More Receive PAYC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paycom Software and its competitors with MarketBeat's FREE daily newsletter. Email Address PAYC Stock News HeadlinesMarch 20, 2023 | americanbankingnews.comPaycom Software, Inc. (NYSE:PAYC) Director Sells $297,813.10 in StockMarch 16, 2023 | americanbankingnews.comPaycom Software (NYSE:PAYC) Coverage Initiated by Analysts at StockNews.comMarch 21, 2023 | Weiss Ratings (Ad)Bank Accounts: Frozen!In 1990, the Brazilian government froze the bank accounts of thousands of citizens. In 2013, the victims were the people of Cyprus. In 2022, it hit closer to home — in Canada. And now the Federal Reserve System Docket No. OP-1670 reveals the plan to give the Fed the power to track and potentially even control your checking account. Not just the money you have in your account … But also, every single check, withdrawal, deposit and transaction. Practically everything you do with your money!March 14, 2023 | marketwatch.comA Survey Report on the Adopting HCM Software Market with Statistics for the year 2023March 13, 2023 | marketwatch.comPaycom Software Inc. stock rises Monday, outperforms marketMarch 9, 2023 | marketwatch.comGlobal Benefits Administration Software Market [2023-2027] | Find Out Newest Trends with Our Detailed Statistical ReportMarch 1, 2023 | marketwatch.comHealthcare HR Software Market Industry Analysis, Estimates Size and Projections by 2029February 27, 2023 | marketwatch.comHR Core Administration Software Market Size, Share, Outlook and Forecast to 2028 with Top Countries DataMarch 21, 2023 | Behind the Markets (Ad)[BREAKING] New "Living Missile" to Replace Nuclear MissilesCBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!February 27, 2023 | marketwatch.comAdopting HCM Software Market Booming With Rising Demands and Massive Opportunities, 2023 - 2029February 27, 2023 | marketwatch.comCore HR Software Market International Business Analysis, Development Outlook and Regional Strategies 2029February 23, 2023 | marketwatch.com2023, Current Status and Future Prospects Of Healthcare Human Resources (HR) Software MarketFebruary 22, 2023 | finance.yahoo.com2 Magnificent Growth Stocks That Billionaires Bought in a Bear MarketFebruary 22, 2023 | marketwatch.comCore HR Software Market International Business Analysis, Development Outlook and Regional Strategies 2028February 21, 2023 | finance.yahoo.comWhy Paycom Software (PAYC) is a Top Growth Stock for the Long-TermFebruary 20, 2023 | marketwatch.comHR Software Market Research Report (2023-2028) | Gain a Competitive Edge with Top Key PlayersFebruary 20, 2023 | finance.yahoo.comHR payroll software market size to increase by USD 2.09 billion by 2026; North America to account for 37% of market growth - TechnavioFebruary 16, 2023 | marketwatch.comHealthcare Human Resources (HR) Software Market is Booming by Size, Revenue, Trend and Top Growing Companies 2023-2029February 14, 2023 | marketwatch.comAdopting HCM Software Market-An Exclusive Study On Upcoming Trends And Growth Opportunities From 2023-2029February 14, 2023 | finance.yahoo.comWalmart to Close Three Tech Hubs and Relocate WorkersFebruary 10, 2023 | finance.yahoo.comHistory Says the S&P 500 Could Soar in 2023 -- 2 Perfect Stocks to Buy Before the ReboundFebruary 9, 2023 | finance.yahoo.comPaycom Software, Inc. (NYSE:PAYC) Q4 2022 Earnings Call TranscriptFebruary 9, 2023 | finance.yahoo.comPaycom Software Full Year 2022 Earnings: EPS Beats ExpectationsFebruary 8, 2023 | finance.yahoo.comPaycom Software, Inc.: Paycom Clocks Impressive Growth in 2022 as the Firm Skews Upmarket; Shares AttractiveFebruary 8, 2023 | msn.comAlphabet, Capri Holdings, Paycom Software And Other Big Stocks Moving Lower On WednesdayFebruary 8, 2023 | markets.businessinsider.comWhat 8 Analyst Ratings Have To Say About Paycom SoftwareFebruary 8, 2023 | fool.comPaycom Software (PAYC) Q4 2022 Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive PAYC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paycom Software and its competitors with MarketBeat's FREE daily newsletter. Email Address PAYC Company Calendar Last Earnings2/07/2023Today3/21/2023Next Earnings (Estimated)5/02/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNYSE:PAYC CUSIPN/A CIK1590955 Webwww.paycom.com Phone(405) 722-6900FaxN/AEmployees6,349Year Founded1998Price Target and Rating Average Stock Price Forecast$387.00 High Stock Price Forecast$450.00 Low Stock Price Forecast$310.00 Forecasted Upside/Downside+43.1%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage13 Analysts Profitability EPS (Most Recent Fiscal Year)$4.85 Trailing P/E Ratio55.75 Forward P/E Ratio45.21 P/E Growth1.85Net Income$281.39 million Net Margins20.46% Pretax Margin28.33% Return on Equity25.62% Return on Assets6.22% Debt Debt-to-Equity Ratio0.02 Current Ratio1.16 Quick Ratio1.16 Sales & Book Value Annual Sales$1.38 billion Price / Sales11.86 Cash Flow$6.08 per share Price / Cash Flow44.45 Book Value$19.70 per share Price / Book13.72Miscellaneous Outstanding Shares60,320,000Free Float51,152,000Market Cap$16.31 billion OptionableOptionable Beta1.39 Social Links Key ExecutivesChad R. RichisonChairman, President & Chief Executive OfficerJustin LongExecutive Vice President-OperationsCraig E. BoelteChief Financial Officer, Secretary & TreasurerBradley S. SmithChief Information OfficerShane HadlockDirector-Information TechnologyKey CompetitorsCheck Point Software TechnologiesNASDAQ:CHKPCloudflareNYSE:NETMongoDBNASDAQ:MDBOktaNASDAQ:OKTASplunkNASDAQ:SPLKView All CompetitorsInsiders & InstitutionsJason D ClarkSold 1,070 sharesTotal: $297,813.10 ($278.33/share)B. Riley Wealth Advisors Inc.Sold 295 shares on 3/15/2023Ownership: 0.004%Victory Capital Management Inc.Sold 60,364 shares on 3/10/2023Ownership: 0.067%North Star Asset Management Inc.Bought 128 shares on 3/6/2023Ownership: 0.003%Rockefeller Capital Management L.P.Bought 325 shares on 3/6/2023Ownership: 0.003%View All Insider TransactionsView All Institutional Transactions PAYC Stock - Frequently Asked Questions Should I buy or sell Paycom Software stock right now? 13 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Paycom Software in the last year. There are currently 1 sell rating, 3 hold ratings and 9 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" PAYC shares. View PAYC analyst ratings or view top-rated stocks. What is Paycom Software's stock price forecast for 2023? 13 brokers have issued 12 month target prices for Paycom Software's stock. Their PAYC share price forecasts range from $310.00 to $450.00. On average, they anticipate the company's share price to reach $387.00 in the next twelve months. This suggests a possible upside of 43.1% from the stock's current price. View analysts price targets for PAYC or view top-rated stocks among Wall Street analysts. How have PAYC shares performed in 2023? Paycom Software's stock was trading at $310.31 at the start of the year. Since then, PAYC shares have decreased by 12.9% and is now trading at $270.37. View the best growth stocks for 2023 here. Are investors shorting Paycom Software? Paycom Software saw a increase in short interest in February. As of February 15th, there was short interest totaling 1,120,000 shares, an increase of 18.3% from the January 31st total of 946,500 shares. Based on an average daily volume of 466,200 shares, the short-interest ratio is currently 2.4 days. Approximately 2.2% of the company's stock are short sold. View Paycom Software's Short Interest. When is Paycom Software's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. View our PAYC earnings forecast. How were Paycom Software's earnings last quarter? Paycom Software, Inc. (NYSE:PAYC) announced its quarterly earnings results on Tuesday, February, 7th. The software maker reported $1.73 earnings per share for the quarter, topping analysts' consensus estimates of $1.49 by $0.24. The software maker earned $370.61 million during the quarter, compared to analysts' expectations of $366.71 million. Paycom Software had a net margin of 20.46% and a trailing twelve-month return on equity of 25.62%. The firm's revenue for the quarter was up 30.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.82 EPS. Read the conference call transcript. What ETFs hold Paycom Software's stock? ETFs with the largest weight of Paycom Software (NYSE:PAYC) stock in their portfolio include Invesco Dynamic Software ETF (PSJ), Neuberger Berman Disrupters ETF (NBDS), Global X Cloud Computing ETF (CLOU), Direxion Daily Cloud Computing Bull 2x (CLDL), Motley Fool Mid-Cap Growth ETF (TMFM), Motley Fool Global Opportunities ETF (TMFG), Hartford Large Cap Growth ETF (HFGO) and Logan Capital Broad Innovative Growth ETF (LCLG). How will Paycom Software's stock buyback program work? Paycom Software declared that its Board of Directors has authorized a share buyback program on Monday, August 15th 2022, which permits the company to buyback $1,100,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 4.7% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's management 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 2023 earnings guidance on Tuesday, February, 7th. The company provided EPS guidance of for the period. The company issued revenue guidance of $443.00 million-$445.00 million, compared to the consensus revenue estimate of $437.11 million. What is Chad Richison's approval rating as Paycom Software's CEO? 1,259 employees have rated Paycom Software Chief Executive Officer Chad Richison on Glassdoor.com. Chad Richison has an approval rating of 95% among the company's employees. This puts Chad Richison in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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), PayPal (PYPL), Alibaba Group (BABA), Shopify (SHOP), Trade Desk (TTD), Mastercard (MA), Block (SQ), Netflix (NFLX), Tesla (TSLA) and Adobe (ADBE). 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 number of retail and institutional investors. Top institutional shareholders include Geode Capital Management LLC (1.82%), Morgan Stanley (1.81%), Voya Investment Management LLC (1.78%), Franklin Resources Inc. (1.55%), Price T Rowe Associates Inc. MD (1.43%) and Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.16%). Insiders that own company stock include Bradley Scott Smith, Chad R Richison, Chad R Richison, Craig E Boelte, Craig E Boelte, Frederick C Peters II, Frederick C Peters II, Holly Faurot, J C Watts, Jr, Jason D Clark, Jason D Clark, Jeffrey D York, Jon Evans, Justin Devon Long and Robert J Levenson. View institutional ownership trends. How do I buy shares of Paycom Software? Shares of PAYC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Paycom Software's stock price today? One share of PAYC stock can currently be purchased for approximately $270.37. How much money does Paycom Software make? Paycom Software (NYSE:PAYC) has a market capitalization of $16.31 billion and generates $1.38 billion in revenue each year. The software maker earns $281.39 million in net income (profit) each year or $4.85 on an earnings per share basis. How many employees does Paycom Software have? The company employs 6,349 workers across the globe. How can I contact Paycom Software? Paycom Software's mailing address is 7501 WEST MEMORIAL ROAD, OKLAHOMA CITY OK, 73142. The official website for the company is www.paycom.com. The software maker can be reached via phone at (405) 722-6900 or via email at investors@paycomonline.com. This page (NYSE:PAYC) was last updated on 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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