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
* 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 5 | 3 | 3 | 3 | 3 | 3 |
Buy | 7 | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 13 | 13 | 14 | 16 | 16 |
Sell | 1 | 1 | 1 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 16 | 19 | 19 | 19 | 21 | 21 |
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 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
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.