FY2025 EPS Estimates for Paycom Software Lowered by Analyst

Paycom Software, Inc. (NYSE:PAYC) – Equities researchers at Cantor Fitzgerald lowered their FY2025 earnings per share estimates for Paycom Software in a research report issued on Monday, September 22nd. Cantor Fitzgerald analyst M. Vanvliet now anticipates that the software maker will post earnings of $7.41 per share for the year, down from their prior estimate of $7.46. Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Paycom Software’s current full-year earnings is $7.15 per share. Cantor Fitzgerald also issued estimates for Paycom Software’s FY2026 earnings at $7.66 EPS.

PAYC has been the subject of several other research reports. BMO Capital Markets boosted their price objective on Paycom Software from $244.00 to $258.00 and gave the company a “market perform” rating in a report on Thursday, August 7th. UBS Group decreased their price objective on Paycom Software from $310.00 to $285.00 and set a “buy” rating for the company in a report on Wednesday, September 17th. JPMorgan Chase & Co. boosted their price objective on Paycom Software from $215.00 to $235.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. KeyCorp boosted their price objective on Paycom Software from $285.00 to $290.00 and gave the company an “overweight” rating in a report on Thursday, August 7th. Finally, Barclays boosted their price objective on Paycom Software from $240.00 to $250.00 and gave the company an “equal weight” rating in a report on Thursday, August 7th. Three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, Paycom Software currently has an average rating of “Hold” and an average target price of $239.42.

Paycom Software Stock Performance

Shares of PAYC stock opened at $215.13 on Wednesday. The company has a market cap of $12.45 billion, a P/E ratio of 29.11, a PEG ratio of 2.39 and a beta of 0.81. The stock has a 50 day simple moving average of $225.28 and a two-hundred day simple moving average of $229.62. Paycom Software has a fifty-two week low of $158.03 and a fifty-two week high of $267.76.

Paycom Software (NYSE:PAYC) last issued its earnings results on Wednesday, August 6th. The software maker reported $2.06 earnings per share for the quarter, topping analysts’ consensus estimates of $1.78 by $0.28. The business had revenue of $483.60 million during the quarter, compared to the consensus estimate of $472.00 million. Paycom Software had a return on equity of 25.40% and a net margin of 21.22%.The firm’s revenue for the quarter was up 10.5% on a year-over-year basis. During the same period in the previous year, the company posted $1.62 earnings per share.

Paycom Software Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 8th. Investors of record on Monday, August 25th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Monday, August 25th. This represents a $1.50 annualized dividend and a dividend yield of 0.7%. Paycom Software’s payout ratio is presently 20.30%.

Insider Activity

In related news, insider Bradley Scott Smith sold 1,500 shares of Paycom Software stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $223.27, for a total transaction of $334,905.00. Following the transaction, the insider owned 24,533 shares of the company’s stock, valued at $5,477,482.91. The trade was a 5.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 10.90% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PAYC. Brighton Jones LLC purchased a new position in Paycom Software in the fourth quarter worth $638,000. Jefferies Financial Group Inc. boosted its position in Paycom Software by 70.4% in the fourth quarter. Jefferies Financial Group Inc. now owns 10,392 shares of the software maker’s stock worth $2,130,000 after purchasing an additional 4,294 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Paycom Software in the fourth quarter worth $57,068,000. Siemens Fonds Invest GmbH purchased a new position in Paycom Software in the fourth quarter worth $460,000. Finally, Lansforsakringar Fondforvaltning AB publ purchased a new position in Paycom Software in the fourth quarter worth $3,395,000. Hedge funds and other institutional investors own 87.77% of the company’s stock.

Paycom Software Company Profile

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.