Paycom Software, Inc. (PAYC)
| Market Cap | 12.28B |
| Revenue (ttm) | 1.82B |
| Net Income (ttm) | 470.19M |
| Shares Out | 55.89M |
| EPS (ttm) | 8.29 |
| PE Ratio | 26.50 |
| Forward PE | 25.83 |
| Dividend | $1.50 (0.68%) |
| Ex-Dividend Date | Nov 25, 2024 |
| Volume | 661,349 |
| Open | 217.62 |
| Previous Close | 216.92 |
| Day's Range | 216.10 - 220.66 |
| 52-Week Range | 139.50 - 233.69 |
| Beta | 1.14 |
| Analysts | Hold |
| Price Target | 193.67 (-11.88%) |
| Earnings Date | Oct 30, 2024 |
About PAYC
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, su... [Read more]
Financial Performance
In 2023, Paycom Software's revenue was $1.69 billion, an increase of 23.16% compared to the previous year's $1.38 billion. Earnings were $340.79 million, an increase of 21.11%.
Financial StatementsAnalyst Forecast
According to 11 analysts, the average rating for PAYC stock is "Hold." The 12-month stock price forecast is $193.67, which is a decrease of -11.88% from the latest price.
News
Paycom Q3 Results: Investors Loved The Results, But I Am Not Convinced
Paycom Software, Inc.'s Q3 earnings report showed decent numbers, but the market's 22% positive reaction was overly optimistic, given modest growth and margin declines. The company reported $451.9M in...
Why Paycom Stock Jumped 21% on Thursday to Lead S&P 500 Gainers
Paycom Software (PAYC) shares skyrocketed 21% on Thursday, posting the top daily performance in the S&P 500, after the payroll and human resources software firm reported better-than-expected sales and...
New Study Demonstrates Benefits of Automating Time-Off Requests With Paycom
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, revealed findings by Forrester Consul...
Paycom Software, Inc. (PAYC) Q3 2024 Earnings Call Transcript
Paycom Software, Inc. (NYSE:PAYC) Q3 2024 Results Conference Call October 30, 2024 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Confer...
Paycom beats quarterly revenue estimates on strong payroll services demand
Paycom Software beat Wall Street's quarterly revenue estimates on Wednesday due to higher demand for its employee management services in a robust job market.
Paycom Software, Inc. Reports Third Quarter 2024 Results
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom,” “we” and “our”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its f...
Oklahoma Sports Hall of Fame and Jim Thorpe Association Proudly Reveal the Paycom Jim Thorpe Award 2024 Semifinalists
OKLAHOMA CITY--(BUSINESS WIRE)--Oklahoma Sports Hall of Fame (OSHOF) and Jim Thorpe Association releases the Paycom Jim Thorpe Award semifinalists.
Paycom Announces Quarterly Cash Dividend
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Dir...
Paycom Software, Inc. Announces Third Quarter 2024 Earnings Release Date and Conference Call
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, will release its results for the thir...
Paycom Software: Long-Term Growth Prospect Remains Intact
Paycom's revenue growth has slowed recently, but I believe it will re-accelerate due to client growth and increased revenue per client. Despite Q2 headwinds, Paycom's product enhancements, internation...
Navigating The Uncertainties Of Investing In Paycom: The Unresolved Risks And Potential Upside
Paycom's revenue growth slowed, partly due to Beti's impact on cross-selling and partly due to the economic slowdown. The company faces stiff competition and threats from AI, possibly impacting its gr...
Paycom Software: Despite Short-Term Challenges, Poised For Strong Annual Revenue Growth
Paycom Software's share price has dropped 70% since 2021, but current pricing makes it a buy for non-conservative investors. PAYC offers cloud-based HRM and payroll software on a SaaS model, competing...
Paycom Nationally Recognized for Positive Workplace Culture, Outstanding Benefits
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, was recognized for its workplace cult...
Paycom Named One of World's Best Companies by TIME
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, has been named to TIME's World's Best...
Workday, Buckle And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed higher by over 1% during Monday's session. Investors, meanwhile, focused on some notable insider trades.
Paycom Software And 2 Other Stocks Executives Are Selling
The Nasdaq 100 closed sharply lower during Tuesday's session. Investors, meanwhile, focused on some notable insider trades.
Advantage Capital Finances Affordable Housing Development in Connection with Virginia HOTC, Historic Rehabilitation Programs
WINCHESTER, Va.--(BUSINESS WIRE)--Advantage Capital announced the financial closing of The ZeroPak, a family-focused affordable housing development in Winchester, VA.
Paycom's GONE named Top HR Product of 2024
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, was named a 2024 Top HR Product for i...
Paycom: Business To See Growth Acceleration In H2 2024
I reiterate my buy rating for PAYC remains, as the new sales strategy is delivering positive results. The near-term question is whether PAYC can accelerate growth in 2H24. The capital return story has...
July 2024 New Analysts Cover Rivian, McDonald's, Paycom, Spotify +
Twenty-two new analysts published their first articles on Seeking Alpha in July. They covered a range of investment ideas in electric vehicles, payment software, energy, REITs, and more. Analysts offe...
Paycom Software, Inc. (PAYC) Q2 2024 Earnings Call Transcript
Paycom Software, Inc. (NYSE:PAYC) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Conferen...
Paycom forecasts quarterly revenue below estimates as clients roll back spending
Paycom Software on Wednesday forecast third-quarter revenue below market estimates while tightening the higher end of its annual forecast, as clients reduce spending on payroll and human capital manag...
Paycom increases and extends stock repurchase plan
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, announced today that its board of dir...
Paycom Software, Inc. Reports Second Quarter 2024 Results
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom,” “we” and “our”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its f...
Oklahoma Sports Hall of Fame and Jim Thorpe Association Proudly Reveal the Paycom Jim Thorpe Award 2024 Preseason Watch List
OKLAHOMA CITY--(BUSINESS WIRE)--Today, Oklahoma Sports Hall of Fame (OSHOF) and Jim Thorpe Association released the prestigious Paycom Jim Thorpe Award Preseason Watch List. This list includes 42 of t...