Paycom Software (PAYC) continues to gain recognition, recently clinching the top spot in Newsweek's Corporate Trust Rankings. The Fair Value of the company was also calculated, indicating optimistic financial prospects. In the stock market, PAYC is performing impressively, its stock experiencing a substantial rise of over 20%. Options traders predict a substantial move in the company's stock market performance. This period has also seen some issues with the stock, prompting a class action lawsuit for shareholders affected by a stock drop. However, Paycom surpassed estimates in Q4 2024 earnings and revenue, promising future growth. The company's full-year 2023 earnings release is set for February 2023. Analysts have given mixed opinions on whether Wall Street is bullish or bearish on PAYC. It is noted that despite earnings growth of 11% over 3 years, shareholder returns have been negative. Furthermore, Paycom's allocation of capital is praised, as well as its capability to increase revenue amidst challenging conditions. The company prolonged their streak of earning 'Most Trustworthy Company in America' for the fourth consecutive year, while CEO Chad Richison sold stocks worth $672,462, sparking speculation.
Paycom Software PAYC News Analytics from Wed, 01 May 2024 07:00:00 GMT to Thu, 27 Mar 2025 23:05:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
