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

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$181.16 -8.89 (-4.68 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$181.16
Today's Range$180.61 - $190.63
52-Week Range$96.44 - $190.63
Volume748,898 shs
Average Volume538,915 shs
Market Capitalization$10.62 billion
P/E Ratio83.10
Dividend YieldN/A
Beta1.83
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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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$2.5437 per share
Book Value$5.71 per share

Profitability

Net Income$137.06 million

Miscellaneous

Employees3,050
Market Cap$10.62 billion
Next Earnings Date5/7/2019 (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 has approved a stock 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 repurchase shares of its stock through open market purchases. Shares repurchase programs are often 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 quarterly earnings results on Tuesday, February, 5th. The software maker reported $0.61 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.48 by $0.13. The software maker earned $150.33 million during the quarter, compared to analysts' expectations of $144.10 million. Paycom Software had a return on equity of 38.83% and a net margin of 24.20%. Paycom Software's quarterly revenue was up 31.8% compared to the same quarter last year. During the same period last 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 earnings per share 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 brokerages have issued 1-year price targets for Paycom Software's stock. Their forecasts range from $115.00 to $210.00. On average, they anticipate Paycom Software's stock price to reach $149.0714 in the next twelve months. This suggests that the stock has a possible downside of 17.7%. 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 coverage about PAYC stock has trended somewhat positive this week, InfoTrie reports. The research group identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Paycom Software earned a news impact score of 1.6 on InfoTrie's scale. They also assigned press coverage about the software maker a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the immediate future.

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), Micron Technology (MU), Arista Networks (ANET), Netflix (NFLX), Celgene (CELG), Square (SQ), Shopify (SHOP) and Adobe (ADBE).

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. 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 a number of of retail and institutional investors. Top institutional shareholders include FMR LLC (6.81%), BlackRock Inc. (3.77%), Kayne Anderson Rudnick Investment Management LLC (3.35%), Congress Asset Management Co. MA (1.27%), Jennison Associates LLC (1.07%) and New York State Common Retirement Fund (1.03%). 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, 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 and Dimensional Fund Advisors LP. 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 acquired by a variety of institutional investors in the last quarter, including Kayne Anderson Rudnick Investment Management LLC, Norges Bank, Waratah Capital Advisors Ltd., Jennison Associates LLC, First Trust Advisors LP, Fundsmith LLP, Calamos Advisors LLC and Riverstone Advisors 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 $181.16.

How big of a company is Paycom Software?

Paycom Software has a market capitalization of $10.62 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?

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:  3.2 out of 5 (star star star)
Outperform Votes:  511 (Vote Outperform)
Underperform Votes:  290 (Vote Underperform)
Total Votes:  801
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 3/23/2019 by MarketBeat.com Staff

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