Paycom Software Inc Stock PAYC Share Price Today, News and Discussion

What you need to know about investing in the leading indicator for the overall US stock market. Currently 15.173% of Paycom Soft shares are held by insiders and 76.818% by institutions. We’re not expecting Paycom Soft to pay a dividend over the next 12 months. Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season.

Unique to Barchart.com, Opinions analyzes a stock or commodity using 13 popular analytics in short-, medium- and long-term periods. Results are interpreted as buy, sell or hold signals, each with numeric ratings and summarized with an overall percentage buy or sell rating. After each calculation the program assigns a Buy, Sell, or Hold value with the study, depending on where the price lies in reference to the common interpretation of the study. For example, a price above its moving average is generally considered an upward trend or a buy. Paycom Soft is a software-application business based in the US.

Make unlimited commission-free trades, plus earn 4% interest on uninvested cash in your account with Robinhood Gold. Deposit funds unto your account https://day-trading.info/ by linking your banking information or transfer funds from another trading account. (45.18%) of US stocks analyzed by our Artificial Intelligence.

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In the same period last year, the company posted profits per share of $0.82. Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users. For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes.

During the second quarter, Allianz Asset Management GmbH brought the total amount of Paycom Software stock that it owned to a level that was 297.5% higher than before. The debt-to-equity ratio is 0.02, the quick ratio is 1.16, and the current ratio is 1.16. Compared to the previous year, Paycom Software’s quarterly sales experienced an annual growth rate of 30.0% higher. The return on equity for Paycom Software was 25.62 percent, and the company’s net margin was 20.46 percent. The actual revenue generated by the company during the quarter was $370.61 million, which is lower than the forecasted amount of $366.71 million in revenue that the company would generate. David, made a new investment in the company during the third quarter, as stated in the most recent Form 13F filing that Paycom Software, INC made with the SEC.

Overview

The performance of illustrative portfolios on this site is based on backtested results. Backtested performance is not an indicator of future forexct review 2020 by financebrokerage is forexct good results. Danelfin’s AI Scores and ratings cannot substitute professional investment advice or independent research and verification.

The industry with the best average Zacks Rank would be considered the top industry , which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s.

Paycom Software Inc | PAYC.s

Since 2017, US stocks with the highest AI Score (10/10) outperformed the market by +20.08% on average after 3 months . The AI Score rates a stock probability of beating the market in the next 3 months by analyzing 10,000 fundamental, technical, and sentiment stock features. Paycom top sentiment stock features that had a major impact on all stocks’ performance during the last 12 months.

Only 6 people have added Paycom Software to their MarketBeat watchlist in the last 30 days. MarketBeat has tracked 5 news articles for Paycom Software this week, compared to 6 articles on an average week. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist.

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Paycom Soft’s current share price divided by its per-share earnings over a 12-month period gives a “trailing price/earnings ratio” of roughly 58x. In other words, Paycom Soft shares trade at around 58x recent earnings. According to 27 analysts, the average rating for PAYC stock is “Buy.” The 12-month stock price forecast is $387.62, which is an increase of 38.26% from the latest price.

Paycom Software was founded in 1998 and is headquartered in Oklahoma City, OK. At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.52% per year. These returns cover a period from January 1, 1988 through February 6, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.

Your browser of choice has not been tested for use with Barchart.com. If you have issues, please download one of the browsers listed here. Sign in to your free account to enjoy all that MarketBeat has to offer. Only 11 people have searched for PAYC on MarketBeat in the last 30 days. Paycom Software does not have a long track record of dividend growth. Please log in to your account or sign up in order to add this asset to your watchlist.

To buy PAYC stocks in Australia you’ll need to open an account with a broker like Stake. Paycom currently does not offer a direct stock purchase plan. Highlights important summary options statistics to provide a forward looking indication of investors’ sentiment. Projected to grow sales between 22% and 25% in 2023, these four businesses look like promising buys at today’s prices. Realtime quote and/or trades are not sourced from all markets.

Nothing on this website should be considered personalized financial advice. In a research report released on February 8, Barclays upgraded Paycom Software from an “equal weight” rating to an “overweight” rating and increased their price target from $324.00 to $336.00. In a research note published on January 23, Deutsche Bank Aktiengesellschaft lowered both the “buy” rating that it had previously assigned to Paycom Software and the $425 price target that it had previously set. They have a price objective of $310.00 for the stock and have given the company an “underperform” rating.

NYSE:PAYC

Paycom is well positioned to outperform the market, as it exhibits above-average growth in financials. The consensus price target hints at a 25.6% upside potential for Paycom . While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate r…

After making an additional purchase of 223,351 shares during the preceding quarter, Los Angeles Capital Management LLC now owns 283,116 shares of the software maker’s company, currently valued at $93,425,000. The total percentage of ownership that FMR LLC holds in Paycom Software increased by 130.8% during the second quarter. Following acquiring an additional 397,296 shares during the most recent quarter, FMR LLC now has 700,963 shares of the software manufacturer’s stock. This transaction was carried out concerning the shares of Paycom Software, INC A total of approximately $511,000 was spent on the acquisition of 1,550 shares of stock in a software developer by the investment fund. Finder.com is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions.

Paycom Software Inc.

Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Intraday data delayed at least 15 minutes or per exchange requirements. It offers the capabilities and data analytics that businesses require to manage every stage of the employment life cycle, beginning with the hiring process and continuing through retirement. The company’s market capitalization is 16.84 billion dollars; it has a price-to-earnings ratio of 58.92, a price-to-earnings-growth ratio of 1.93, and a beta coefficient of 1.39. The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Paycom Soft’s future profitability. By accounting for growth, it could also help you if you’re comparing the share prices of multiple high-growth companies.

• The share price of Paycom Software finished the trading day on Friday at $279.11, reflecting a decline of $6.64 from its opening price.
• Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping.
• The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services.
• Zacks Earnings ESP looks to find companies that have recently seen positive earnings estimate revision activity.
• Paycom also ranked on Glassdoor’s Top 25 Most Difficult Companies To Interview list.

Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Both of these statements were made about the company’s stock. In previous analyst reports, most of the attention has been concentrated on PAYC. During the second quarter, Waratah Capital Advisors Ltd increased the amount of Paycom Software stock owned by 96.8%, making this the last and most important point. The quick ratio is 1.16, the current ratio is 1.16, and the debt-to-current-asset ratio is 0.02.

Paycom Software stock was originally listed at a price of $15.35 in Apr 15, 2014. If you had invested in Paycom Software stock at $15.35, your return over the last 8 years would have been 1,710.29%, for an annualized return of 43.62% . Live educational sessions using site features to explore today’s markets. The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023. Paycom 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”.

Market cap is the total market value of a publicly traded company’s outstanding shares. Real-time analyst ratings, insider transactions, earnings data, and more. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 to -2 .