Paycom Software, Inc. (PAYC)
NYSE: PAYC · IEX Real-Time Price · USD
199.01
+1.79 (0.91%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Paycom Software Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Paycom Software stock have an average target of 240.13, with a low estimate of 160 and a high estimate of 427. The average target predicts an increase of 20.66% from the current stock price of 199.01.

Analyst Consensus: Hold
Target Low Average Median High
Price $160 $240.13 $198 $427
Change -19.60% +20.66% -0.51% +114.56%
* Price targets were last updated on Feb 8, 2024.

Analyst Ratings

The average analyst rating for PAYC stock from 21 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 533333
Buy 722222
Hold 31313141616
Sell 111000
Strong Sell 000000
Total 161919192121

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
JP Morgan
JP Morgan
Hold
Maintains
$140$165
Hold Maintains $140$165 -17.09% Feb 8, 2024
Piper Sandler
Piper Sandler
Hold
Maintains
$185$190
Hold Maintains $185$190 -4.53% Feb 8, 2024
BTIG
BTIG
Hold
Initiates
n/a
Hold Initiates n/a n/a Feb 6, 2024
Citigroup
Citigroup
Hold
Maintains
$205$198
Hold Maintains $205$198 -0.51% Jan 31, 2024
UBS
UBS
Strong Buy
Maintains
$235$250
Strong Buy Maintains $235$250 +25.62% Jan 10, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.91B
from 1.69B
Increased by 12.83%
Revenue Next Year
2.15B
from 1.91B
Increased by 12.40%
EPS This Year
7.84
from 5.88
Increased by 33.25%
EPS Next Year
8.96
from 7.84
Increased by 14.34%
Year 2019202020212022202320242025202620272028
Revenue
737.67M841.43M1.06B1.38B1.69B1.91B2.15B2.45B2.72B2.99B
Revenue Growth
30.25%14.07%25.44%30.29%23.16%12.83%12.40%13.92%11.12%9.89%
EPS
3.092.463.374.845.887.848.9610.6511.8213.62
EPS Growth
32.05%-20.39%36.99%43.62%21.49%33.25%14.34%18.93%10.96%15.19%
No. Analysts -----2322733
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 20242025202620272028
High 2.0B 2.2B 2.6B 2.9B 3.3B
Avg 1.9B 2.1B 2.4B 2.7B 3.0B
Low 1.8B 2.0B 2.3B 2.5B 2.7B

Revenue Growth

Revenue Growth 20242025202620272028
High
17.8%
17.7%
20.0%
19.8%
20.0%
Avg
12.8%
12.4%
13.9%
11.1%
9.9%
Low
7.3%
5.7%
7.3%
1.7%
-0.8%

EPS Forecast

EPS 20242025202620272028
High 8.35 10.00 11.41 12.17 14.02
Avg 7.84 8.96 10.65 11.82 13.62
Low 6.68 7.78 9.59 11.36 13.08

EPS Growth

EPS Growth 20242025202620272028
High
42.1%
27.7%
27.4%
14.2%
18.6%
Avg
33.2%
14.3%
18.9%
11.0%
15.2%
Low
13.7%
-0.7%
7.1%
6.6%
10.7%
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.