Kingsview Wealth Management and Russell Investments Group Ltd. Boosted their holdings of Paycom Software, while ProShare Advisors and SG Americas Securities decreased their shares. Barclays lowered the price target. Chad R. Richison, CEO of Paycom Software, sold 1,950 shares. There is fluctuation in the market regarding the Paycom Software, with some suggesting to hold the shares for the long term, while others predict a possible price spike. The stocks have dipped by 4.7% since the last earnings report and have decreased 49% in the past three years. However, they have also demonstrated stronger than estimated Q1 2024 earnings. The revenue is still perceived as unimpressive by some market watchers. Q2 guidance came out weaker than expected. The company's recent performance appears to be tied to its attractive financial prospects. There's speculation about whether this is the right time to buy Paycom Software stock. The company has consistently beaten earnings and revenue estimates leading some to anticipate a potential 25.01% rally.
Paycom Software PAYC News Analytics from Tue, 31 Oct 2023 07:00:00 GMT to Sun, 21 Jul 2024 14:58:28 GMT -
Rating -2
- Innovation 2
- Information 5
- Rumor -5
