What happened to Paycom Software stock?
Apr 01, 2022 · Why Is Paycom (PAYC) Down 14.7% Since Last Earnings Report? finance.yahoo.com - March 10 at 2:44 PM: Paycom Software, Inc. (NYSE:PAYC) Receives Average Rating of "Buy" from Analysts ... Why Paycom Software Stock Was Up Today finance.yahoo.com - February 9 at 6:29 PM: Mizuho Maintains Neutral on Paycom Software, Raises Price Target to …
Does Paycom (payc) have room to grow?
PAYC | Complete Paycom Software Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
What is the price of paycus in after hours?
If paycom.com is up actually and appears down only for you then follow these troubleshooting steps or you can search for an alternative. Q: What to do if problem is at paycom.com server? If …
How will Paycom's employee self service payroll Beti impact the industry?
Mar 10, 2022 · Guidance. Paycom forecast 2022 revenues between $1.314 billion and $1.316 billion. The adjusted EBITDA is projected to be $524-$526 million. For the first quarter of 2022, …
Is paycom a buy right now?
Paycom Software has received a consensus rating of Buy. The company's average rating score is 2.71, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.
Will paycom stock go up?
Stock Price Forecast The 17 analysts offering 12-month price forecasts for Paycom Software Inc have a median target of 415.00, with a high estimate of 575.00 and a low estimate of 350.00. The median estimate represents a +29.88% increase from the last price of 319.52.
Is paycom overvalued?
PAYC's valuation metrics are weak at its current price due to a overvalued PEG ratio despite strong growth. PAYC's PE and PEG are worse than the market average resulting in a below average valuation score.Jan 5, 2022
Is paycom a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
Who is Paycom owned by?
Chad RichisonChad Richison is founder and CEO of Paycom, one of the first companies to process payroll completely online. Richison, a former senior manager at payroll firm ADP, founded Paycom in 1998. He took Paycom public on the New York Stock Exchange in 2014 and owns about 14% of its shares.
Is paycom publicly traded?
Paycom Software, Inc., known simply as Paycom, is an American online payroll and human resource technology provider based in Oklahoma City, Oklahoma with offices throughout the United States....Paycom.Trade namePaycomTypePublicTraded asNYSE: PAYC S&P 500 componentIndustrySoftware SaaS HCMFounded19987 more rows
How does paycom make money?
Outside of payroll, Paycom has software products for talent acquisition, time and labor management, and HR management. It targets businesses with 50 to 5,000 employees and makes money through recurring revenue subscriptions and one-time fees when its customers send in forms, filings, and adjustments.Jul 31, 2021
Is paycom undervalued?
PB vs Industry: PAYC is overvalued based on its PB Ratio (21.5x) compared to the US Software industry average (4.5x).
Is PAYC a good buy?
Out of 13 analysts, 4 (30.77%) are recommending PAYC as a Strong Buy, 5 (38.46%) are recommending PAYC as a Buy, 4 (30.77%) are recommending PAYC as a Hold, 0 (0%) are recommending PAYC as a Sell, and 0 (0%) are recommending PAYC as a Strong Sell.
Is Paypal a buy Zacks?
The Zacks database contains over 10,000 stocks. All of those stocks are classified into three groups: Sector, M Industry and X Industry....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
About Current Outage
Solution: Try alternatives of paycom.com
If paycom.com is up actually and appears down only for you then follow these troubleshooting steps or you can search for an alternative.
Contact paycom.com Managing Team
If paycom.com is not connecting or not working right now for you then try its alternatives. Also please suggest us alternatives if you know any!
Troubleshooting Tips
Stop pulling out your hair! If paycom.com isn't working, try communicating over the issues with them, directly. Copy below URL and spread it at the given pages as reference.
What companies are under attack for anticompetitive practices?
Step 1: Refresh your browser by hitting CTRL + F5 at the same time. Problem resolved? No, Proceed to Step 2. Step 2: Switch off your modem and after restarting your computer turn it on again. Clear internet cookies and browser cache. Still trapped, then move to Step 3. Step 3: Your firewall may have blocked paycom.com.
When did Zacks discover earnings estimate revisions?
Facebook, Amazon, Apple, Google and other big tech companies are under attack for their "anticompetitive" practices, with bipartisan legislation and lawsuits in the works to target monopolistic behavior. Jul 6, 2021.
Revenues
In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com. Learn More.
Margins
The company generated revenues of $272.2 million, which increased 12.3% from the year-earlier period and surpassed the consensus mark of $271 million.
Balance Sheet & Cash Flow
Adjusted gross profit increased 11% from the year-ago period to $236.9 million. However, adjusted gross margin contracted 110 bps on a year-on-year basis to 87%. Paycom Software’s adjusted EBITDA increased 12.8% year on year to $133 million. Further, adjusted EBITDA margin advanced 20 bps to 48.9%.
What happened
Paycom Software exited the quarter with cash and cash equivalents of $215.1 million compared with the $151.7 million recorded in the prior quarter. The company’s balance sheet comprises net long-term debt of $30.5 million compared with the previous quarter’s $30.9 million. Cash from operations was $89.5 million in the quarter.
So what
Shares of Paycom Software ( NYSE:PAYC) were trading up by 8.6% as of 3:35 p.m. ET Wednesday after the company reported better-than-expected results for the fourth quarter on Tuesday.
Now what
CEO Chad Richison credited the company's new automated tool, Beti, for driving its annual revenue retention to a record level in the quarter. "Combining this with the momentum we are seeing and the sales and marketing investments we've made, we believe we are set up to deliver strong, high-margin revenue growth for years to come," Richison said.
Shares fall by double digits after the payroll technology provider reported strong quarterly results and issued bullish guidance. Is it simply a matter of the company's valuation getting ahead of itself?
Paycom is benefiting from the transition to self-service tools in the human resources and payroll management market. It has maintained high revenue retention rates above 90% in recent years, but reached a record 94% in 2021, reflecting tighter customer relationships.
What happened
Brian Feroldi has been covering the healthcare and technology industries for The Motley Fool since 2015. Brian's investing strategy is to buy high-quality companies and then let compounding work its magic. See all of his articles here. Follow @brianferoldi
So what
Shares of Paycom Software ( NYSE:PAYC), a tech company focused on payroll processing and other HR functions, are down by 16% at of 11:55 a.m. EDT on Wednesday after the company reported its third-quarter results.
Now what
Given the huge drop, you would expect that Paycom had either whiffed on its quarterly report or issued disappointing guidance. However, neither looks to be the case.
