FY2025 EPS Forecast for Paycom Software Lifted by Analyst

Paycom Software, Inc. (NYSE:PAYC) – Stock analysts at Cantor Fitzgerald boosted their FY2025 earnings per share (EPS) estimates for shares of Paycom Software in a note issued to investors on Monday, November 10th. Cantor Fitzgerald analyst M. Vanvliet now anticipates that the software maker will post earnings per share of $7.60 for the year, up from their prior estimate of $7.44. 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 $8.21 EPS.

Several other analysts have also weighed in on PAYC. Mizuho lowered their price objective on shares of Paycom Software from $220.00 to $180.00 and set a “neutral” rating for the company in a research note on Thursday, November 6th. JPMorgan Chase & Co. dropped their price target on Paycom Software from $235.00 to $220.00 and set a “neutral” rating on the stock in a research note on Thursday, November 6th. Barclays lowered their target price on Paycom Software from $225.00 to $210.00 and set an “equal weight” rating on the stock in a research report on Thursday, November 6th. TD Cowen lowered their price objective on shares of Paycom Software from $258.00 to $200.00 and set a “buy” rating on the stock in a report on Thursday, November 6th. Finally, KeyCorp lowered their target price on shares of Paycom Software from $290.00 to $250.00 and set an “overweight” rating on the stock in a report on Thursday, November 6th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $225.77.

Paycom Software Stock Performance

Shares of PAYC opened at $166.83 on Wednesday. The firm has a market cap of $9.39 billion, a PE ratio of 20.75, a price-to-earnings-growth ratio of 1.86 and a beta of 0.88. Paycom Software has a 52-week low of $156.50 and a 52-week high of $267.76. The business’s 50 day moving average price is $202.58 and its two-hundred day moving average price is $225.10.

Paycom Software (NYSE:PAYC) last announced its quarterly earnings data on Wednesday, November 5th. The software maker reported $1.94 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.96 by ($0.02). Paycom Software had a net margin of 22.65% and a return on equity of 24.79%. The business had revenue of $493.30 million during the quarter, compared to analyst estimates of $492.62 million. During the same period in the prior year, the firm earned $1.67 earnings per share. The firm’s revenue for the quarter was up 9.2% compared to the same quarter last year. Paycom Software has set its FY 2025 guidance at EPS.

Paycom Software Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Monday, November 24th will be given a dividend of $0.375 per share. This represents a $1.50 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Monday, November 24th. Paycom Software’s dividend payout ratio (DPR) is presently 18.66%.

Insider Buying and Selling

In other Paycom Software news, insider Bradley Scott Smith sold 1,500 shares of the business’s stock in a transaction on Friday, September 12th. The stock was sold at an average price of $223.27, for a total value of $334,905.00. Following the transaction, the insider owned 24,533 shares of the company’s stock, valued at approximately $5,477,482.91. The trade was a 5.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Kingsview Wealth Management LLC raised its position in Paycom Software by 8.4% during the first quarter. Kingsview Wealth Management LLC now owns 1,478 shares of the software maker’s stock valued at $323,000 after purchasing an additional 114 shares in the last quarter. Ethic Inc. purchased a new position in shares of Paycom Software in the second quarter worth about $566,000. Hussman Strategic Advisors Inc. bought a new stake in shares of Paycom Software in the 2nd quarter valued at about $2,916,000. Nisa Investment Advisors LLC boosted its holdings in Paycom Software by 88.1% during the 2nd quarter. Nisa Investment Advisors LLC now owns 14,658 shares of the software maker’s stock valued at $3,392,000 after acquiring an additional 6,866 shares during the period. Finally, Modera Wealth Management LLC grew its position in Paycom Software by 41.4% during the 2nd quarter. Modera Wealth Management LLC now owns 9,288 shares of the software maker’s stock worth $2,149,000 after acquiring an additional 2,718 shares during the last quarter. 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.