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The closing price of Paycom Software Inc (NYSE: PAYC) was $209.03 for the day, up 21.35% from the previous closing price of $172.25. In other words, the price has increased by $21.35 from its previous closing price. On the day, 2.56 million shares were traded. PAYC stock price reached its highest trading level at $222.3 during the session, while it also had its lowest trading level at $189.195.
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 34.65 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.57. 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 Oct 30 ’24 when Richison Chad R. sold 1,950 shares for $172.43 per share. The transaction valued at 336,233 led to the insider holds 2,750,910 shares of the business.
Richison Chad R. sold 1,950 shares of PAYC for $336,229 on Oct 30 ’24. The CEO, President and Chairman now owns 3,446,749 shares after completing the transaction at $172.43 per share. On Oct 29 ’24, another insider, Richison Chad R., who serves as the CEO, President and Chairman of the company, sold 1,950 shares for $168.20 each. As a result, the insider received 327,998 and left with 2,752,860 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 11681641472 and an Enterprise Value of 11436668928. As of this moment, Paycom’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.20, and their Forward P/E ratio for the next fiscal year is 23.99. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.75 while its Price-to-Book (P/B) ratio in mrq is 8.23. Its current Enterprise Value per Revenue stands at 6.27 whereas that against EBITDA is 17.126.
Stock Price History:
Over the past 52 weeks, PAYC has reached a high of $247.42, while it has fallen to a 52-week low of $139.50. The 50-Day Moving Average of the stock is 25.50%, while the 200-Day Moving Average is calculated to be 21.63%.
Shares Statistics:
PAYC traded an average of 728.47K shares per day over the past three months and 785030 shares per day over the past ten days. A total of 56.53M shares are outstanding, with a floating share count of 50.55M. Insiders hold about 11.98% of the company’s shares, while institutions hold 82.07% stake in the company. Shares short for PAYC as of 1728950400 were 2616677 with a Short Ratio of 3.59, compared to 1726185600 on 3680350. Therefore, it implies a Short% of Shares Outstanding of 2616677 and a Short% of Float of 5.42.
Dividends & Splits
With its trailing 12-month dividend rate of 0.375, PAYC has a forward annual dividend rate of 1.50. Against a Trailing Annual Dividend Yield of 0.0021770683
