Shares of Paycom Software program, Inc. (NYSE:PAYC – Get Ranking) have earned a consensus score of “Reasonable Purchase” from the eighteen analysts which might be protecting the agency, Marketbeat Rankings studies. One funding analyst has rated the inventory with a promote score, 4 have assigned a maintain score and 9 have assigned a purchase score to the corporate. The typical 1 yr goal worth amongst analysts which have issued rankings on the inventory within the final yr is $387.00.
A number of analysis analysts lately commented on PAYC shares. Cowen boosted their worth goal on shares of Paycom Software program from $365.00 to $381.00 in a analysis observe on Wednesday, November 2nd. Barclays boosted their goal worth on shares of Paycom Software program from $324.00 to $336.00 and gave the inventory an “equal weight” score in a analysis report on Wednesday, February eighth. Cowen boosted their goal worth on shares of Paycom Software program from $365.00 to $381.00 in a analysis report on Wednesday, November 2nd. Moffett Nathanson assumed protection on shares of Paycom Software program in a analysis report on Monday, January ninth. They set an “underperform” score and a $310.00 goal worth on the inventory. Lastly, Credit score Suisse Group boosted their goal worth on shares of Paycom Software program from $425.00 to $430.00 and gave the inventory an “outperform” score in a analysis report on Wednesday, November 2nd.
Paycom Software program Buying and selling Up 0.8 %
NYSE PAYC opened at $298.94 on Thursday. The corporate has a fast ratio of 1.16, a present ratio of 1.16 and a debt-to-equity ratio of 0.02. The agency has a market cap of $18.03 billion, a PE ratio of 61.64, a price-to-earnings-growth ratio of two.04 and a beta of 1.34. The corporate has a 50 day transferring common worth of $313.04 and a 200 day transferring common worth of $330.72. Paycom Software program has a 52 week low of $255.82 and a 52 week excessive of $402.78.
Paycom Software program (NYSE:PAYC – Get Ranking) final posted its quarterly earnings information on Tuesday, February seventh. The software program maker reported $1.73 EPS for the quarter, topping the consensus estimate of $1.49 by $0.24. The agency had income of $370.61 million through the quarter, in comparison with analyst estimates of $366.71 million. Paycom Software program had a internet margin of 20.46% and a return on fairness of 25.62%. Paycom Software program’s income was up 30.0% on a year-over-year foundation. Throughout the identical quarter within the earlier yr, the enterprise posted $0.82 EPS. As a bunch, sell-side analysts forecast that Paycom Software program will publish 5.97 EPS for the present fiscal yr.
Institutional Buying and selling of Paycom Software program
A lot of hedge funds have lately added to or diminished their stakes within the firm. Morgan Stanley raised its place in Paycom Software program by 147.5% through the fourth quarter. Morgan Stanley now owns 1,084,991 shares of the software program maker’s inventory price $336,684,000 after buying an extra 646,679 shares through the interval. Allianz Asset Administration GmbH raised its place in Paycom Software program by 297.5% through the second quarter. Allianz Asset Administration GmbH now owns 578,175 shares of the software program maker’s inventory price $161,958,000 after buying an extra 432,727 shares through the interval. FMR LLC raised its place in Paycom Software program by 130.8% through the second quarter. FMR LLC now owns 700,963 shares of the software program maker’s inventory price $196,353,000 after buying an extra 397,296 shares through the interval. Alliancebernstein L.P. raised its place in Paycom Software program by 482.7% through the fourth quarter. Alliancebernstein L.P. now owns 383,310 shares of the software program maker’s inventory price $118,945,000 after buying an extra 317,527 shares through the interval. Lastly, Goldman Sachs Group Inc. raised its place in Paycom Software program by 47.8% through the first quarter. Goldman Sachs Group Inc. now owns 877,824 shares of the software program maker’s inventory price $304,061,000 after buying an extra 283,892 shares through the interval. 88.58% of the inventory is owned by hedge funds and different institutional buyers.
Paycom Software program Firm Profile
Paycom Software program, Inc engages within the provision of cloud-based human capital administration (HCM) software program options delivered as Software program-as-a-Service. It affords performance and information analytics that companies must handle the whole employment life cycle from recruitment to retirement. Its options embody expertise acquisition, time and labor administration, payroll, expertise administration, and human useful resource administration.
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