Paycom Soft Stock Today
| PAYC Stock | USD 192.73 5.27 2.66% |
Performance1 of 100
| Odds Of DistressLess than 6
|
Paycom Soft is trading at 192.73 as of the 16th of April 2024, a -2.66 percent decrease since the beginning of the trading day. The stock's open price was 198.0. Paycom Soft has only a 6 % chance of going through financial distress over the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Paycom Soft are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2022 and ending today, the 16th of April 2024. Click here to learn more.
Business Domain Software & Services | IPO Date 15th of April 2014 | Category Technology | Classification Information Technology |
Paycom Software, Inc. provides cloud-based human capital management solution delivered as software-as-a-service for small to mid-sized companies in the United States. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma. The company has 58.15 M outstanding shares of which 2.06 M shares are at this time shorted by private and institutional investors with about 2.63 trading days to cover. More on Paycom Soft
Moving against Paycom Stock
| 0.67 | AI | C3 Ai Inc Financial Report 29th of May 2024 | PairCorr |
| 0.59 | DOMO | Domo Inc Financial Report 23rd of May 2024 | PairCorr |
| 0.56 | QH | QuhuoLtd | PairCorr |
| 0.5 | VCSA | Vacasa Inc Financial Report 14th of May 2024 | PairCorr |
| 0.46 | ZI | ZoomInfo Technologies Financial Report 6th of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
Paycom Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Paycom Soft's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Paycom Soft or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman of the Board | Robert Minicucci | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Application Software, Software - Application, Information Technology, NYSE Composite, SP 500 Index, ISE Cloud Computing, Disruptive Technologies, Tech Growth, Information Technology, Software, Software—Application, Technology (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Paycom Soft report their recommendations after researching Paycom Soft's financial statements, talking to executives and customers, or listening in on Paycom Soft's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Paycom Soft. The Paycom consensus assessment is calculated by taking the average forecast from all of the analysts covering Paycom Soft. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Paycom Soft's liquidity, profitability, solvency, and operating efficiency, Paycom Soft may be sliding down financialy. It has an above-average chance of going through some form of financial crunch next quarter. Financial strength of Paycom Soft is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Paycom Soft's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Paycom Soft's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paycom Soft's financial leverage. It provides some insight into what part of Paycom Soft's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Paycom Soft (PAYC) is traded on New York Stock Exchange in USA. It is located in 7501 West Memorial Road, Oklahoma City, OK, United States, 73142 and employs 7,308 people. Paycom Soft is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 11.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Paycom Soft's market, we take the total number of its shares issued and multiply it by Paycom Soft's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Paycom Soft conducts business under Software sector and is part of Information Technology industry. The entity has 58.15 M outstanding shares of which 2.06 M shares are at this time shorted by private and institutional investors with about 2.63 trading days to cover.
Paycom Soft currently holds about 279.04 M in cash with 485.04 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.82.
Check Paycom Soft Probability Of Bankruptcy
Ownership AllocationPaycom Soft owns a total of 58.15 Million outstanding shares. The majority of Paycom Soft outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Paycom Soft to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Paycom Soft. Please pay attention to any change in the institutional holdings of Paycom Soft as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company maintains, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Paycom Ownership Details
Paycom Stock Price Odds Analysis
What are Paycom Soft's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Paycom Soft jumping above the current price in 90 days from now is about 43.85%. The Paycom Soft probability density function shows the probability of Paycom Soft stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Paycom Soft has a beta of 0.4513 indicating as returns on the market go up, Paycom Soft average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Paycom Soft will be expected to be much smaller as well. Additionally, paycom Soft has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Paycom Soft to move above the current price in 90 days from now is about 43.85 (This Paycom Soft probability density function shows the probability of Paycom Stock to fall within a particular range of prices over 90 days) .
Paycom Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Paycom Soft that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Paycom Soft's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Paycom Soft's value.| Instituion | Recorded On | Shares | |
| Macquarie Group Ltd | 2023-12-31 | 689.9 K | |
| Valueact Holdings, L.p. | 2023-12-31 | 608 K | |
| Amundi | 2023-12-31 | 599.6 K | |
| Bnp Paribas Investment Partners Sa | 2023-12-31 | 547.3 K | |
| Northern Trust Corp | 2023-12-31 | 519 K | |
| Congress Asset Management Company, Llp | 2023-12-31 | 497.4 K | |
| Riverbridge Partners Llc | 2023-12-31 | 469.6 K | |
| American Century Companies Inc | 2023-12-31 | 444.9 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 423.3 K | |
| Vanguard Group Inc | 2023-12-31 | 5.9 M | |
| Blackrock Inc | 2023-12-31 | 3.7 M |
Paycom Soft Historical Income Statement
Paycom Soft Income Statement is one of the three primary financial statements used for reporting Paycom's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Paycom Soft revenue and expense. Paycom Soft Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Paycom Soft's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Selling And Marketing Expenses is expected to grow to about 438.5 M, whereas Interest Expense is forecasted to decline to about 1.6 M. View More FundamentalsPaycom Stock Against Markets
Picking the right benchmark for Paycom Soft stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Paycom Soft stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Paycom Soft is critical whether you are bullish or bearish towards Paycom Soft at a given time. Please also check how Paycom Soft's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Paycom Soft without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Content Syndication Now
Content SyndicationQuickly integrate customizable finance content to your own investment portal |
| All Next | Launch Module |
Paycom Soft Corporate Directors
Paycom Soft corporate directors refer to members of a Paycom Soft board of directors. The board of directors generally takes responsibility for the Paycom Soft's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Paycom Soft's board members must vote for the resolution. The Paycom Soft board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Levenson | Independent Director | Profile | |
| Conner Mulvee | Director | Profile | |
| Janet Haugen | Independent Director | Profile | |
| Sharen Turney | Independent Director | Profile |
How to buy Paycom Stock?
Before investing in Paycom Soft, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Paycom Soft. To buy Paycom Soft stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Paycom Soft. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Paycom Soft stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Paycom Soft stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Paycom Soft stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Paycom Soft, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Paycom Stock please use our How to Invest in Paycom Soft guide.
Already Invested in Paycom Soft?
The danger of trading Paycom Soft is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Paycom Soft is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Paycom Soft. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Paycom Soft is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Paycom Soft offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paycom Soft's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paycom Soft Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paycom Soft Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paycom Soft. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing. For information on how to trade Paycom Stock refer to our How to Trade Paycom Stock guide.You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for Paycom Stock analysis
When running Paycom Soft's price analysis, check to measure Paycom Soft's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paycom Soft is operating at the current time. Most of Paycom Soft's value examination focuses on studying past and present price action to predict the probability of Paycom Soft's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paycom Soft's price. Additionally, you may evaluate how the addition of Paycom Soft to your portfolios can decrease your overall portfolio volatility.
| Cryptocurrency Center Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Money Managers Screen money managers from public funds and ETFs managed around the world | |
| Global Markets Map Get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Funds Screener Find actively-traded funds from around the world traded on over 30 global exchanges | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. | |
| Portfolio File Import Quickly import all of your third-party portfolios from your local drive in csv format | |
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years |
Is Paycom Soft's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paycom Soft. If investors know Paycom will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paycom Soft listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.034 | Dividend Share 1.125 | Earnings Share 5.88 | Revenue Per Share 29.35 | Quarterly Revenue Growth 0.173 |
The market value of Paycom Soft is measured differently than its book value, which is the value of Paycom that is recorded on the company's balance sheet. Investors also form their own opinion of Paycom Soft's value that differs from its market value or its book value, called intrinsic value, which is Paycom Soft's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paycom Soft's market value can be influenced by many factors that don't directly affect Paycom Soft's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paycom Soft's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paycom Soft is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paycom Soft's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.