A share price of Paycom Software Inc [PAYC] is currently trading at $219.19, up 2.88%. An important factor to consider is whether the stock is rising or falling in short-term value. The PAYC shares have gain 4.77% over the last week, with a monthly amount glided 6.79%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Jefferies downgraded its rating to Hold on January 05, 2024, and kept the price target unchanged to $195. On November 07, 2023, UBS initiated with a Buy rating and assigned a price target of $235 on the stock. BofA Securities downgraded its rating to a Neutral and decreased its price target to $185 on November 02, 2023. William Blair downgraded its rating to a Mkt Perform. TD Cowen downgraded its rating to Market Perform for this stock on November 01, 2023, and downed its price target to $202. In a note dated November 01, 2023, Stifel downgraded an Hold rating on this stock and revised its target price from $400 to $160.
Paycom Software Inc experienced fluctuations in its stock price throughout the past year between $139.50 and $242.74. Currently, Wall Street analysts expect the stock to reach $196 within the next 12 months. Paycom Software Inc [NYSE: PAYC] shares were valued at $219.19 at the most recent close of the market. An investor can expect a potential drop of -10.58% based on the average PAYC price forecast.
Analyzing the PAYC fundamentals
Trailing Twelve Months sales for Paycom Software Inc [NYSE:PAYC] were 1.88B which represents 13.62% growth. Gross Profit Margin for this corporation currently stands at 0.79% with Operating Profit Margin at 0.34%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.27%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.34 and Total Capital is 0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 213.33 points at the first support level, and at 207.46 for the second support level. However, for the 1st resistance point, the stock is sitting at 222.83, and for the 2nd resistance point, it is at 226.46.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Paycom Software Inc [NYSE:PAYC] is 1.07. On the other hand, the Quick Ratio is 1.07, and the Cash Ratio is 0.1. Considering the valuation of this stock, the price to sales ratio is 6.67, the price to book ratio is 7.78 and price to earnings (TTM) ratio is 24.63.
Transactions by insiders
Recent insider trading involved WATTS J C JR, Director, that happened on Feb 24 ’25 when 500.0 shares were purchased. Director, WATTS J C JR completed a deal on Feb 21 ’25 to buy 500.0 shares. Meanwhile, Officer Peck Randall bought 3600.0 shares on Feb 21 ’25.
