Paycom Software (PAYC) stock continues to fluctuate due to various factors. The company's recent
insider trading has resulted in a decrease of
2.8% in the company's market value. The company is due to pay a
dividend of $0.375. Recent analyses suggest PAYC boasts positive returns on capital. A global
HCM software solution was recently announced by Paycom, demonstrating an expansion in product portfolio. However, PAYC is down by
17.6% since the release of its last earnings report, despite outperforming Q1 2024 analyst estimates. Several financial groups, including
Principal Financial Group and Kingsview Wealth Management, are adjusting their share positions in Paycom, indicating movements in the market response to this company. The company has recorded significant revenue and earnings in the Q1 2024 and Q4 2023 earnings calls, but caution has been urged due to insider stock selling and a
49% loss for investors over the past three years. PAYC stock suffered a setback following soft Q2 guidance despite Q1 results beating estimates. The company's stock has been both upgraded and downgraded by
StockNews.com, meanwhile, its future prospects remain a topic of interest among investors.
Paycom Software PAYC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 26 May 2024 19:04:45 GMT -
Rating -5
- Innovation -2
- Information 6
- Rumor -3
