Paycom Software, Inc. (PAYC)
NYSE: PAYC · IEX Real-Time Price · USD
142.17
-0.13 (-0.09%)
At close: Jul 2, 2024, 4:00 PM
143.00
+0.83 (0.58%)
After-hours: Jul 2, 2024, 7:59 PM EDT
Paycom Software Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Paycom Software stock have an average target of 210.8, with a low estimate of 145 and a high estimate of 427. The average target predicts an increase of 48.27% from the current stock price of 142.17.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for PAYC stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 3 | 3 | 3 | 3 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 14 | 16 | 16 | 16 | 16 | 17 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 19 | 21 | 21 | 21 | 19 | 20 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Hold Maintains $170 → $145 | Hold | Maintains | $170 → $145 | +1.99% | Jun 24, 2024 |
TD Cowen | TD Cowen | Hold Maintains $170 → $147 | Hold | Maintains | $170 → $147 | +3.40% | Jun 20, 2024 |
Citigroup | Citigroup | Hold Maintains $193 → $162 | Hold | Maintains | $193 → $162 | +13.95% | Jun 18, 2024 |
Mizuho | Mizuho | Hold Maintains $185 → $170 | Hold | Maintains | $185 → $170 | +19.58% | May 6, 2024 |
Citigroup | Citigroup | Hold Maintains $196 → $193 | Hold | Maintains | $196 → $193 | +35.75% | 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% | 15.6% | 14.9% |
Avg | 12.7% | 11.6% | 12.3% | 12.3% | 11.6% |
Low | 6.6% | 3.0% | 1.0% | 7.9% | 7.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 8.64 | 9.94 | 11.25 | 12.56 | 14.18 |
Avg | 7.94 | 9.02 | 10.73 | 12.20 | 13.77 |
Low | 6.98 | 7.65 | 10.12 | 11.72 | 13.23 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 46.9% | 25.2% | 24.7% | 17.0% | 16.2% |
Avg | 35.1% | 13.6% | 19.0% | 13.7% | 12.9% |
Low | 18.7% | -3.6% | 12.2% | 9.2% | 8.4% |
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.