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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
2 Important Retail Stock Battles to Watch
The Day of Financial Reckoning Is Near (Ad)
Pipeline break spills 45,000 gallons of diesel in Wyoming
Sinema took Wall Street money while killing tax on investors
MarketBeat: Week in Review 8/8 - 8/12
The Day of Financial Reckoning Is Near (Ad)
Expanded IRS free-file system one step closer in Dems' bill
In Biden's big bill: Climate, health care, deficit reduction
Climate bill: Could coal communities shift to nuclear?
The Safest Option in Trades! (Ad)pixel

Paycom Software - PAYC Stock Forecast, Price & News

$393.91
+16.01 (+4.24%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$376.02
$393.98
50-Day Range
$259.97
$393.91
52-Week Range
$255.82
$558.97
Volume
537,039 shs
Average Volume
447,714 shs
Market Capitalization
$23.65 billion
P/E Ratio
100.23
Dividend Yield
N/A
Price Target
$379.73

Paycom Software MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.62 Rating Score
Upside/​Downside
3.6% Downside
$379.73 Price Target
Short Interest
Healthy
2.17% of Float Sold Short
Dividend Strength
N/A
Sustainability
-0.12
Upright™ Environmental Score
News Sentiment
0.36mentions of Paycom Software in the last 14 days
Based on 32 Articles This Week
Insider Trading
Selling Shares
$1.88 M Sold Last Quarter
Proj. Earnings Growth
27.68%
From $4.48 to $5.72 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.56 out of 5 stars

Computer And Technology Sector

181st out of 659 stocks

Prepackaged Software Industry

50th out of 230 stocks

PAYC stock logo

About Paycom Software (NYSE:PAYC) Stock

Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides 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, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

Analyst Upgrades and Downgrades

PAYC has been the topic of several research reports. Barclays upped their target price on Paycom Software to $339.00 in a report on Tuesday. Cowen raised their price objective on Paycom Software to $400.00 in a research note on Tuesday. Wolfe Research increased their target price on Paycom Software from $375.00 to $400.00 and gave the stock an "outperform" rating in a report on Thursday, August 4th. Jefferies Financial Group reaffirmed a "buy" rating and set a $335.00 target price on shares of Paycom Software in a report on Wednesday, August 3rd. Finally, KeyCorp increased their target price on Paycom Software from $340.00 to $390.00 and gave the stock an "overweight" rating in a report on Wednesday, August 3rd. Six research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. According to data from MarketBeat.com, Paycom Software has an average rating of "Moderate Buy" and a consensus target price of $379.73.

Paycom Software Stock Up 4.2 %

Shares of Paycom Software stock opened at $393.91 on Friday. The business's fifty day moving average price is $312.07 and its two-hundred day moving average price is $314.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market capitalization of $23.65 billion, a P/E ratio of 100.23, a PEG ratio of 3.38 and a beta of 1.50. Paycom Software has a 1-year low of $255.82 and a 1-year high of $558.97.

Insider Buying and Selling at Paycom Software

In other news, insider Holly Faurot sold 5,431 shares of Paycom Software stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $277.55, for a total transaction of $1,507,374.05. Following the transaction, the insider now directly owns 38,289 shares in the company, valued at approximately $10,627,111.95. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, Director Frederick C. Peters II sold 1,000 shares of Paycom Software stock in a transaction on Monday, August 8th. The stock was sold at an average price of $371.17, for a total value of $371,170.00. Following the transaction, the director now directly owns 15,778 shares in the company, valued at approximately $5,856,320.26. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Holly Faurot sold 5,431 shares of Paycom Software stock in a transaction on Wednesday, May 25th. The shares were sold at an average price of $277.55, for a total value of $1,507,374.05. Following the transaction, the insider now owns 38,289 shares in the company, valued at approximately $10,627,111.95. The disclosure for this sale can be found here. 15.20% of the stock is owned by company insiders.

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PAYC Stock News Headlines

Paycom Software (NYSE:PAYC) PT Raised to $400.00 at Cowen
Analysts Set Paycom Software, Inc. (NYSE:PAYC) PT at $375.43
Paycom Software (NYSE:PAYC) PT Raised to $390.00 at KeyCorp
Paycom Software Q2 Profit Rises
Paycom Software (PAYC) Set to Announce Earnings on Tuesday
See More Headlines
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PAYC Company Calendar

Last Earnings
11/02/2021
Today
8/13/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Fax
N/A
Employees
5,385
Year Founded
1998

Price Target and Rating

Average Stock Price Forecast
$379.73
High Stock Price Forecast
$450.00
Low Stock Price Forecast
$335.00
Forecasted Upside/Downside
-3.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.62
Research Coverage
13 Analysts

Profitability

Net Income
$195.96 million
Pretax Margin
25.90%

Debt

Sales & Book Value

Annual Sales
$1.06 billion
Cash Flow
$4.34 per share
Book Value
$16.56 per share

Miscellaneous

Free Float
50,902,000
Market Cap
$23.65 billion
Optionable
Optionable
Beta
1.50

Social Links















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 twelve months. There are currently 5 hold ratings and 8 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 2022?

13 brokers have issued 1-year price objectives for Paycom Software's stock. Their PAYC share price forecasts range from $335.00 to $450.00. On average, they predict the company's stock price to reach $379.73 in the next twelve months. This suggests that the stock has a possible downside of 3.6%.
View analysts price targets for PAYC
or view top-rated stocks among Wall Street analysts.

How have PAYC shares performed in 2022?

Paycom Software's stock was trading at $415.19 at the beginning of the year. Since then, PAYC shares have decreased by 5.1% and is now trading at $393.91.
View the best growth stocks for 2022 here
.

Are investors shorting Paycom Software?

Paycom Software saw a increase in short interest in the month of July. As of July 31st, there was short interest totaling 1,110,000 shares, an increase of 26.8% from the July 15th total of 875,500 shares. Based on an average daily trading volume, of 425,800 shares, the short-interest ratio is presently 2.6 days. Currently, 2.2% of the shares of the company are sold short.
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, November 1st 2022.
View our PAYC earnings forecast
.

How were Paycom Software's earnings last quarter?

Paycom Software, Inc. (NYSE:PAYC) posted its quarterly earnings data on Tuesday, November, 2nd. The software maker reported $0.92 EPS for the quarter, beating the consensus estimate of $0.60 by $0.32. The software maker earned $256.19 million during the quarter, compared to the consensus estimate of $250.26 million. Paycom Software had a net margin of 18.85% and a trailing twelve-month return on equity of 23.38%. During the same period in the previous year, the company earned $0.47 EPS.
Read the conference call transcript
.

How will Paycom Software's stock buyback program work?

Paycom Software announced that its board has initiated a stock repurchase plan on Tuesday, June 7th 2022, which permits the company to buyback $550,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to repurchase up to 3% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

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

Paycom Software updated its third quarter 2022 earnings guidance on Tuesday, August, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $327.00 million-$329.00 million, compared to the consensus revenue estimate of $318.62 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 variety of retail and institutional investors. Top institutional shareholders include Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (1.18%), FMR LLC (1.17%), Franklin Resources Inc. (1.08%), Congress Asset Management Co. MA (0.98%), Allianz Asset Management GmbH (0.96%) and Northern Trust Corp (0.83%). 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 $393.91.

How much money does Paycom Software make?

Paycom Software (NYSE:PAYC) has a market capitalization of $23.65 billion and generates $1.06 billion in revenue each year. The software maker earns $195.96 million in net income (profit) each year or $3.93 on an earnings per share basis.

How many employees does Paycom Software have?

The company employs 5,385 workers across the globe.

When was Paycom Software founded?

Paycom Software was founded in 1998.

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 8/13/2022 by MarketBeat.com Staff

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