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Paycom Software Inc (NYSE: PAYC) closed the day trading at $209.49 down -10.08% from the previous closing price of $232.97. In other words, the price has decreased by -$10.08 from its previous closing price. On the day, 1.08 million shares were traded. PAYC stock price reached its highest trading level at $233.204 during the session, while it also had its lowest trading level at $209.405.
Ratios:
For a better understanding of PAYC, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 35.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.82. For the most recent quarter (mrq), Quick Ratio is recorded 1.11 and its Current Ratio is at 1.11. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 13 ’24 when Richison Chad R. sold 1,950 shares for $229.09 per share. The transaction valued at 446,732 led to the insider holds 2,731,410 shares of the business.
Richison Chad R. sold 1,950 shares of PAYC for $446,732 on Nov 13 ’24. The CEO, President and Chairman now owns 3,427,249 shares after completing the transaction at $229.09 per share. On Nov 12 ’24, another insider, Richison Chad R., who serves as the CEO, President and Chairman of the company, sold 1,950 shares for $228.65 each. As a result, the insider received 445,860 and left with 2,733,360 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 12079612928 and an Enterprise Value of 11462638592. As of this moment, Paycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.22, and their Forward P/E ratio for the next fiscal year is 24.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.42 while its Price-to-Book (P/B) ratio in mrq is 7.99. Its current Enterprise Value per Revenue stands at 6.285 whereas that against EBITDA is 17.165.
Stock Price History:
Over the past 52 weeks, PAYC has reached a high of $242.74, while it has fallen to a 52-week low of $139.50. The 50-Day Moving Average of the stock is 0.83%, while the 200-Day Moving Average is calculated to be 17.57%.
Shares Statistics:
Over the past 3-months, PAYC traded about 618.33K shares per day on average, while over the past 10 days, PAYC traded about 558600 shares per day. A total of 55.88M shares are outstanding, with a floating share count of 49.37M. Insiders hold about 11.67% of the company’s shares, while institutions hold 86.33% stake in the company. Shares short for PAYC as of 1732838400 were 1914210 with a Short Ratio of 3.10, compared to 1730332800 on 2458835. Therefore, it implies a Short% of Shares Outstanding of 1914210 and a Short% of Float of 3.95.
Dividends & Splits
PAYC’s forward annual dividend rate is 1.50, up from 1.5 a year ago. Against a Trailing Annual Dividend Yield of 0.006438597