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The closing price of Paycom Software Inc (NYSE: PAYC) was $155.17 for the day, down -0.94% from the previous closing price of $156.65. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 0.58 million shares were traded. PAYC stock price reached its highest trading level at $156.625 during the session, while it also had its lowest trading level at $153.39.
Ratios:
Our analysis of PAYC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 25.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.08. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On January 05, 2024, Jefferies Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $195.
On November 07, 2023, UBS started tracking the stock assigning a Buy rating and target price of $235.UBS initiated its Buy rating on November 07, 2023, with a $235 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 12 ’24 when Boelte Craig E. sold 11,882 shares for $155.98 per share. The transaction valued at 1,853,354 led to the insider holds 294,849 shares of the business.
Richison Chad R. sold 1,950 shares of PAYC for $304,615 on Aug 13 ’24. The CEO, President and Chairman now owns 2,976,908 shares after completing the transaction at $156.21 per share. On Aug 13 ’24, another insider, Richison Chad R., who serves as the CEO, President and Chairman of the company, sold 1,950 shares for $156.21 each. As a result, the insider received 304,615 and left with 3,553,999 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAYC now has a Market Capitalization of 8911784960 and an Enterprise Value of 8332975616. As of this moment, Paycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.71, and their Forward P/E ratio for the next fiscal year is 17.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.01 while its Price-to-Book (P/B) ratio in mrq is 6.11. Its current Enterprise Value per Revenue stands at 4.686 whereas that against EBITDA is 12.806.
Stock Price History:
Over the past 52 weeks, PAYC has reached a high of $299.00, while it has fallen to a 52-week low of $139.50. The 50-Day Moving Average of the stock is 2.84%, while the 200-Day Moving Average is calculated to be -13.35%.
Shares Statistics:
PAYC traded an average of 876.24K shares per day over the past three months and 1013920 shares per day over the past ten days. A total of 56.53M shares are outstanding, with a floating share count of 50.30M. Insiders hold about 12.42% of the company’s shares, while institutions hold 83.71% stake in the company. Shares short for PAYC as of 1722384000 were 2981280 with a Short Ratio of 3.40, compared to 1719532800 on 3163028. Therefore, it implies a Short% of Shares Outstanding of 2981280 and a Short% of Float of 6.18.
Dividends & Splits
With its trailing 12-month dividend rate of 1.5, PAYC has a forward annual dividend rate of 1.50. Against a Trailing Annual Dividend Yield of 0.009575487
