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As of close of business last night, Paycom Software Inc’s stock clocked out at $186.86, down -1.73% from its previous closing price of $190.15. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.82 million shares were traded. PAYC stock price reached its highest trading level at $191.235 during the session, while it also had its lowest trading level at $186.69.
Ratios:
To gain a deeper understanding of PAYC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 36.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 36.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.06 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when PETERS FREDERICK C II sold 1,500 shares for $189.87 per share. The transaction valued at 284,805 led to the insider holds 15,067 shares of the business.
Richison Chad R. bought 1 shares of PAYC for $202 on Dec 14 ’23. The President and CEO now owns 4,703,908 shares after completing the transaction at $201.86 per share. On Dec 06 ’23, another insider, Clark Jason D., who serves as the Chief Administrative Officer of the company, sold 9,005 shares for $184.55 each. As a result, the insider received 1,661,899 and left with 44,250 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 10865928192 and an Enterprise Value of 10350094336. As of this moment, Paycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.70, and their Forward P/E ratio for the next fiscal year is 21.21. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.35 while its Price-to-Book (P/B) ratio in mrq is 8.11. Its current Enterprise Value per Revenue stands at 6.111 whereas that against EBITDA is 20.562.
Stock Price History:
Over the past 52 weeks, PAYC has reached a high of $374.04, while it has fallen to a 52-week low of $146.15. The 50-Day Moving Average of the stock is -2.04%, while the 200-Day Moving Average is calculated to be -20.32%.
Shares Statistics:
It appears that PAYC traded 886.73K shares on average per day over the past three months and 737810 shares per day over the past ten days. A total of 56.53M shares are outstanding, with a floating share count of 50.16M. Insiders hold about 12.85% of the company’s shares, while institutions hold 77.63% stake in the company. Shares short for PAYC as of 1711584000 were 2059590 with a Short Ratio of 2.32, compared to 1709164800 on 1932318. Therefore, it implies a Short% of Shares Outstanding of 2059590 and a Short% of Float of 4.2.
Dividends & Splits
With its trailing 12-month dividend rate of 1.125, PAYC has a forward annual dividend rate of 1.50.
Earnings Estimates
The performance of Paycom Software Inc (PAYC) in the stock market is under the watchful eye of Paysign, Inc. analysts actively contributing to its current rating.The consensus estimate for the next quarter is $119.14, with high estimates of $4.85 and low estimates of $186.86.
Analysts are recommending an EPS of between $Technology and $Technology for the fiscal current year, implying an average EPS of $Industrials.
