Zacks Research Forecasts Lower Earnings for Paycom Software

Paycom Software, Inc. (NYSE:PAYCFree Report) – Research analysts at Zacks Research decreased their Q2 2026 earnings estimates for shares of Paycom Software in a research note issued on Friday, October 25th. Zacks Research analyst R. Department now forecasts that the software maker will post earnings per share of $1.75 for the quarter, down from their prior forecast of $1.79. The consensus estimate for Paycom Software’s current full-year earnings is $6.67 per share. Zacks Research also issued estimates for Paycom Software’s Q3 2026 earnings at $1.86 EPS.

Several other analysts have also commented on PAYC. StockNews.com lowered shares of Paycom Software from a “buy” rating to a “hold” rating in a report on Monday, July 15th. Jefferies Financial Group raised their target price on Paycom Software from $155.00 to $170.00 and gave the company a “hold” rating in a research note on Tuesday, October 22nd. Needham & Company LLC reaffirmed a “hold” rating on shares of Paycom Software in a research note on Thursday, August 1st. Barclays increased their price objective on Paycom Software from $167.00 to $172.00 and gave the stock an “equal weight” rating in a report on Friday, October 11th. Finally, TD Cowen boosted their target price on shares of Paycom Software from $171.00 to $188.00 and gave the company a “hold” rating in a report on Monday, September 23rd. Seventeen equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $182.25.

Check Out Our Latest Stock Report on PAYC

Paycom Software Stock Performance

NYSE PAYC opened at $164.63 on Monday. The stock has a market cap of $9.45 billion, a P/E ratio of 19.83, a price-to-earnings-growth ratio of 2.35 and a beta of 1.17. Paycom Software has a fifty-two week low of $139.50 and a fifty-two week high of $253.33. The stock has a 50 day simple moving average of $165.06 and a two-hundred day simple moving average of $163.60.

Paycom Software (NYSE:PAYCGet Free Report) last issued its earnings results on Wednesday, July 31st. The software maker reported $1.20 EPS for the quarter, topping the consensus estimate of $1.13 by $0.07. The company had revenue of $437.51 million for the quarter, compared to the consensus estimate of $436.19 million. Paycom Software had a net margin of 26.55% and a return on equity of 33.36%.

Insider Buying and Selling at Paycom Software

In related news, CEO Chad R. Richison sold 1,950 shares of the firm’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $167.97, for a total value of $327,541.50. Following the transaction, the chief executive officer now directly owns 2,994,458 shares of the company’s stock, valued at approximately $502,979,110.26. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, insider Bradley Scott Smith sold 1,524 shares of the firm’s stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $157.62, for a total transaction of $240,212.88. Following the sale, the insider now directly owns 14,769 shares in the company, valued at $2,327,889.78. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Chad R. Richison sold 1,950 shares of the company’s stock in a transaction on Wednesday, July 31st. The stock was sold at an average price of $167.97, for a total transaction of $327,541.50. Following the completion of the transaction, the chief executive officer now directly owns 2,994,458 shares of the company’s stock, valued at $502,979,110.26. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 69,956 shares of company stock valued at $11,394,014. Insiders own 14.50% of the company’s stock.

Hedge Funds Weigh In On Paycom Software

Several institutional investors have recently bought and sold shares of the stock. Palisade Asset Management LLC purchased a new stake in Paycom Software during the first quarter valued at approximately $32,000. Armstrong Advisory Group Inc. bought a new position in shares of Paycom Software during the 3rd quarter valued at approximately $26,000. Ashton Thomas Private Wealth LLC purchased a new stake in Paycom Software during the 2nd quarter valued at $25,000. MFA Wealth Advisors LLC bought a new stake in Paycom Software in the second quarter worth $26,000. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new stake in Paycom Software in the second quarter worth $27,000. 87.77% of the stock is owned by hedge funds and other institutional investors.

About Paycom Software

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Paycom Software, Inc provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement.

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Earnings History and Estimates for Paycom Software (NYSE:PAYC)

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