PaycomPAYC
PAYC
About: Paycom is a fast-growing provider of payroll and human capital management software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,500 clients as of 2023, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.
Employees: 7,306
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 6 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
71% more first-time investments, than exits
New positions opened: 118 | Existing positions closed: 69
50% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 6 (+2) [Q4]
22% more capital invested
Capital invested by funds: $7.94B [Q3] → $9.69B (+$1.76B) [Q4]
5% more funds holding
Funds holding: 655 [Q3] → 690 (+35) [Q4]
1.58% less ownership
Funds ownership: 83.56% [Q3] → 81.98% (-1.58%) [Q4]
21% less repeat investments, than reductions
Existing positions increased: 212 | Existing positions reduced: 269
50% less call options, than puts
Call options by funds: $109M | Put options by funds: $218M
Research analyst outlook
6 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$187
14%
downside
Avg. target
$216
1%
downside
High target
$245
12%
upside
6 analyst ratings
1 positive
17%
5 neutral
83%
0 negative
0%
Keybanc Jason Celino 27% 1-year accuracy 13 / 49 met price target | 12%upside $245 | Overweight Upgraded | 10 Mar 2025 |
Piper Sandler Arvind Ramnani 35% 1-year accuracy 23 / 65 met price target | 3%upside $224 | Neutral Maintained | 14 Feb 2025 |
JP Morgan Mark Murphy 41% 1-year accuracy 20 / 49 met price target | 8%downside $200 | Neutral Maintained | 13 Feb 2025 |
Stifel Brad Reback 33% 1-year accuracy 15 / 46 met price target | 14%downside $187 | Hold Maintained | 13 Feb 2025 |
Barclays Raimo Lenschow 34% 1-year accuracy 28 / 82 met price target | 1%upside $221 | Equal-Weight Maintained | 23 Jan 2025 |
Financial journalist opinion
Positive
MarketBeat
3 weeks ago
3 Explosive Tech Stocks Breaking Out Right Now
The entire stock market seems to be centered around the technology sector today, going after the ever-increasing valuations and growth projections seen in the artificial intelligence space and its support areas, such as semiconductors and chip makers. However, there is another area that hasn't gotten too much attention lately.
Positive
Zacks Investment Research
1 month ago
Paycom Software Q4 Earnings and Revenues Top Estimates, Rise Y/Y
PAYC's fourth-quarter performance benefited from increased sales momentum, international expansion and artificial intelligence integration in its products.
Neutral
Seeking Alpha
1 month ago
Paycom Software, Inc. (PAYC) Q4 2024 Earnings Call Transcript
Paycom Software, Inc. (NYSE:PAYC ) Q4 2024 Earnings Conference Call February 12, 2025 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Bob Foster - CFO Conference Call Participants Raimo Lenschow - Barclays Mason Marion - Jefferies Mark Marcon - Baird Kevin McVeigh - UBS Steve Enders - Citi Jason Celino - KeyBanc Capital Markets Jared Levine - TD Cowen Bhavin Shah - Deutsche Bank Daniel Jester - BMO Capital Markets Michael Funk - Bank of America Joshua Riley - Needham Jake Roberge - William Blair Zachary Gunn - FT Partners Operator Good afternoon. My name is Cameron, and I will be your conference operator today.
Positive
Zacks Investment Research
1 month ago
Paycom Software (PAYC) Surpasses Q4 Earnings and Revenue Estimates
Paycom Software (PAYC) came out with quarterly earnings of $2.32 per share, beating the Zacks Consensus Estimate of $1.99 per share. This compares to earnings of $1.93 per share a year ago.
Neutral
The Motley Fool
1 month ago
Paycom Looks to Turn the Corner
Here's our initial take on Paycom Software's (PAYC 1.81%) fourth-quarter financial report.
Positive
The Motley Fool
1 month ago
Paycom Software: EPS Surges in Q4
Human capital management (HCM) solutions specialist Paycom Software (PAYC 1.81%) reported fourth-quarter earnings on Wednesday, Feb. 12, that topped analysts' consensus expectations. Revenue in Q4 reached $493.8 million, exceeding both management's guidance and the analyst consensus of $481 million.
Negative
Reuters
1 month ago
Paycom forecasts annual revenue below estimates, veteran CFO Craig Boelte resigns
Paycom Software forecast full-year 2025 revenue below market estimates on Wednesday, as businesses cut back on spending for human capital management services, sending its shares down 3.3%.
Neutral
Business Wire
1 month ago
Paycom Promotes Bob Foster to Chief Financial Officer
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE:PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, announced today the promotion of Bob Foster to chief financial officer (CFO), effective Feb. 21, 2025. He succeeds Craig Boelte, who is retiring after leading Paycom's finance and accounting efforts for nearly 20 years. “I am pleased with what Bob has accomplished in his time at Paycom, including advancing our growth strategy. His expe.
Neutral
Business Wire
1 month ago
Paycom Software, Inc. Reports Fourth Quarter and Year-End 2024 Results
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom,” “we” and “our”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter and year ended December 31, 2024. “Throughout the year we executed our plan of providing world-class service, solution automation and client ROI achievement, which empowered us to deliver better than expected results to close out the year,” said Paycom founder, CEO.
Neutral
Business Wire
1 month ago
Paycom Announces Quarterly Cash Dividend
OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE: PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on March 24, 2025, to all stockholders of record as of the close of business on March 10, 2025. About Paycom For over 25 years, Paycom Software, Inc. (NYSE: PAYC) has simplified business and employees' liv.
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