Paycom Software Inc (PAYC) concluded trading on Wednesday at a closing price of $199.42, with 0.45 million shares of worth about $89.57 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 42.16% during that period and on January 08, 2025 the price saw a loss of about -1.33%. Currently the company’s common shares owned by public are about 55.88M shares, out of which, 49.37M shares are available for trading.
Stock saw a price change of -2.71% in past 5 days and over the past one month there was a price change of -15.67%. Year-to-date (YTD), PAYC shares are showing a performance of -2.71% which decreased to -2.31% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $139.50 but also hit the highest price of $242.74 during that period. The average intraday trading volume for Paycom Software Inc shares is 610.02K. The stock is currently trading -7.14% below its 20-day simple moving average (SMA20), while that difference is down -8.65% for SMA50 and it goes to 11.19% higher than SMA200.
Paycom Software Inc (NYSE: PAYC) currently have 55.88M outstanding shares and institutions hold larger chunk of about 86.76% of that.
The stock has a current market capitalization of $11.14B and its 3Y-monthly beta is at 1.16. PE ratio of stock for trailing 12 months is 24.01, while it has posted earnings per share of $8.31 in the same period. Its PEG reads 2.35 and has Quick Ratio of 1.11 while making debt-to-equity ratio of 0.06. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PAYC, volatility over the week remained 3.20% while standing at 2.98% over the month.
Analysts are in expectations that Paycom Software Inc (PAYC) stock would likely to be making an EPS of 1.97 in the current quarter, while forecast for next quarter EPS is 2.72 and it is 8.69 for next year. For the current quarter EPS, analysts have given the company a lowest target 1.88 which is 2.05 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 1.93 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 1.32% while it is estimated to increase by 10.25% in next year. EPS is likely to shrink at an annualized rate of 10.23% for next 5-years, compared to annual growth of 20.26% made by the stock over the past 5-years.
Coverage by Jefferies stated Paycom Software Inc (PAYC) stock as a Hold in their note to investors on January 05, 2024, suggesting a price target of $195 for the stock. On November 07, 2023, UBS Initiated their recommendations, while on November 02, 2023, BofA Securities Downgrade their ratings for the stock with a price target of $185. Stock get a Mkt perform rating from William Blair on November 01, 2023.
