Paycom Software (PAYC), a leader in human resources software, has been in the limelight for various reasons. The company has seen
year-over-year earnings and revenue growth, topping analysts' estimates. Their innovative
GONE Time-Off Tool has won an Innovation Award and projected an 821% ROI over three years. Market analysts have expressed mixed views, with several suggesting a long-term growth runway for the company. Keybanc recently
upgraded Paycom Software's stock based on expectations of faster revenue growth. There have been concerns due to a past 36% shareholder loss. The company experienced a
4.3% decrease in stock value since its last earnings report. However, it has also seen a surge in stock value by 25.5% in October and recently promoted Bob Foster to CFO. However, an investor fraud lawsuit has been flagged related to its product, BETI. CEO Chad Richison has sold shares worth millions, causing a ripple in the market.
Paycom Software PAYC News Analytics from Wed, 05 Jun 2024 07:00:00 GMT to Fri, 14 Mar 2025 23:20:30 GMT -
Rating 4
- Innovation 3
- Information 8
- Rumor -2
