Paycom Software (NYSE:PAYC – Get Free Report) had its price target increased by equities research analysts at Mizuho from $120.00 to $130.00 in a research report issued on Thursday,Benzinga reports. The firm currently has a “neutral” rating on the software maker’s stock. Mizuho’s price objective points to a potential downside of 4.93% from the stock’s previous close.
Several other analysts have also recently issued reports on PAYC. KeyCorp decreased their price objective on Paycom Software from $250.00 to $195.00 and set an “overweight” rating on the stock in a report on Thursday, February 12th. UBS Group decreased their price objective on Paycom Software from $210.00 to $183.00 and set a “buy” rating on the stock in a report on Tuesday, April 21st. Citigroup decreased their price objective on Paycom Software from $185.00 to $128.00 and set a “neutral” rating on the stock in a report on Friday, February 13th. Jefferies Financial Group decreased their price objective on Paycom Software from $190.00 to $130.00 and set a “hold” rating on the stock in a report on Thursday, February 12th. Finally, Barclays upped their price objective on Paycom Software from $140.00 to $150.00 and gave the stock an “equal weight” rating in a report on Friday, March 6th. Five equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $159.67.
Get Our Latest Stock Analysis on Paycom Software
Paycom Software Stock Down 1.2%
Paycom Software (NYSE:PAYC – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The software maker reported $3.15 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.99 by $0.16. The business had revenue of $571.80 million for the quarter, compared to analysts’ expectations of $564.37 million. Paycom Software had a return on equity of 28.34% and a net margin of 22.44%.The company’s revenue for the quarter was up 7.8% on a year-over-year basis. During the same period in the prior year, the firm earned $2.80 EPS. As a group, equities analysts expect that Paycom Software will post 8.59 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of PAYC. True Wealth Design LLC increased its position in Paycom Software by 946.7% during the fourth quarter. True Wealth Design LLC now owns 157 shares of the software maker’s stock valued at $25,000 after acquiring an additional 142 shares during the last quarter. Brown Brothers Harriman & Co. increased its position in Paycom Software by 190.6% during the fourth quarter. Brown Brothers Harriman & Co. now owns 154 shares of the software maker’s stock valued at $25,000 after acquiring an additional 101 shares during the last quarter. Clearstead Advisors LLC increased its stake in Paycom Software by 140.3% in the fourth quarter. Clearstead Advisors LLC now owns 161 shares of the software maker’s stock worth $26,000 after purchasing an additional 94 shares during the period. Caitlin John LLC purchased a new stake in Paycom Software in the third quarter worth $29,000. Finally, CYBER HORNET ETFs LLC purchased a new stake in Paycom Software in the second quarter worth $29,000. Institutional investors own 87.77% of the company’s stock.
Paycom Software News Summary
Here are the key news stories impacting Paycom Software this week:
- Positive Sentiment: Paycom reported Q1 earnings and revenue ahead of expectations, with revenue up 7.8% year over year and margins improving, supporting the case that operating performance is still solid. Article Title
- Positive Sentiment: The company reaffirmed its 2026 outlook for revenue and adjusted EBITDA, which can reassure investors looking for visibility after earnings. Article Title
- Positive Sentiment: Paycom’s board approved a new $2 billion share repurchase authorization, and the company already bought back a large block of shares in Q1, signaling confidence in cash generation and potentially boosting per-share earnings. Article Title
- Positive Sentiment: Several firms raised price targets after the results, including TD Cowen, BTIG, Barclays, and Mizuho, reflecting improved analyst sentiment even though ratings remained mixed. Article Title
- Neutral Sentiment: Paycom’s annual meeting results showed shareholders backed the board, auditor, and executive pay, removing a potential governance overhang but not materially changing the business outlook. Article Title
- Neutral Sentiment: Analyst price-target changes were mixed overall, with some firms lifting targets while others, including Citigroup and Barclays, maintained more cautious stances. Article Title
Paycom Software Company Profile
Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.
The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.
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