Paycom Software (PAYC) has seen a variety of recent developments. The company reported strong Q1 2024 earnings that surpassed expectations. This resulted in heightened interest from major financial institutions, with
Amalgamated Bank and the
National Bank of Canada FI boosting their stakes, while
Van ECK Associates Corp reducing theirs. Even though Paycom performed better than the market, its stock price experienced fluctuations.
StockNews.com upgraded PAYC to 'buy,' while saying that the stock is poised for growth.
Barlow Wealth Partners purchased 34,742 shares of PAYC and paycom issued a dividend of $0.375. However, the stock price target was trimmed to $184.00. Q1 results were robust, triggering positive adjustment in analysts' estimates. On the other side, questions about CEO's pay vs performance, insider selling, and shareholder lawsuits were notable negative aspects.
Paycom Software PAYC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 12 May 2024 13:26:40 GMT -
Rating 1
- Innovation 2
- Information 6
- Rumor -4
