Paycom Software, Inc. (PAYC)
NYSE: PAYC · IEX Real-Time Price · USD
166.79
-3.89 (-2.28%)
At close: May 28, 2024, 4:00 PM
166.01
-0.78 (-0.47%)
After-hours: May 28, 2024, 7:57 PM EDT
Paycom Software Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Paycom Software stock have an average target of 221.14, with a low estimate of 160 and a high estimate of 427. The average target predicts an increase of 32.59% from the current stock price of 166.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PAYC stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 1 |
| Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Hold | 13 | 14 | 16 | 16 | 16 | 16 |
| Sell | 1 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 19 | 19 | 21 | 21 | 21 | 19 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Mizuho | Mizuho | Hold Maintains $185 → $170 | Hold | Maintains | $185 → $170 | +1.92% | May 6, 2024 |
| Citigroup | Citigroup | Hold Maintains $196 → $193 | Hold | Maintains | $196 → $193 | +15.71% | May 2, 2024 |
| Barclays | Barclays | Hold Maintains $193 → $184 | Hold | Maintains | $193 → $184 | +10.32% | May 2, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $165 → $175 | Hold | Maintains | $165 → $175 | +4.92% | May 2, 2024 |
| BMO Capital | BMO Capital | Hold Maintains $200 → $190 | Hold | Maintains | $200 → $190 | +13.92% | May 2, 2024 |
Financial Forecast
Revenue This Year
1.91B
from 1.69B
Increased by 12.65%
Revenue Next Year
2.13B
from 1.91B
Increased by 11.58%
EPS This Year
7.94
from 5.88
Increased by 35.07%
EPS Next Year
9.02
from 7.94
Increased by 13.59%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.0B | 2.2B | 2.5B | 2.8B | 3.1B |
| Avg | 1.9B | 2.1B | 2.4B | 2.7B | 3.0B |
| Low | 1.8B | 2.0B | 2.2B | 2.6B | 2.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.6% | 16.4% | 19.6% | 15.9% | 14.4% |
| Avg | 12.7% | 11.6% | 12.3% | 12.6% | 11.1% |
| Low | 6.6% | 3.0% | 1.0% | 8.2% | 6.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.64 | 9.94 | 11.25 | 11.62 | 13.15 |
| Avg | 7.94 | 9.02 | 10.73 | 11.29 | 12.77 |
| Low | 6.98 | 7.65 | 10.12 | 10.85 | 12.27 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 46.9% | 25.2% | 24.7% | 8.3% | 16.4% |
| Avg | 35.1% | 13.6% | 19.0% | 5.2% | 13.1% |
| Low | 18.7% | -3.6% | 12.2% | 1.1% | 8.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.