Multiple factors point towards a positive outlook for Paycom Software, Inc. (NYSE:PAYC). Amidst robust financials, the stock could see an up to 5.44% potential upside. Several professional analysis highlight Paycom software as a good long-term business with a recommendation to ‘Buy’. Paycom’s stock continues to show strength and has been upgraded with IBD Stock Rating. Q4 2024 earnings call transcript underlined the strong revenue growth while Q1 2025 earnings reported better results than expectations. Even amidst a dip, analysts recommend buying the software stock, further backed up by solid forward P/E amidst analyst caution. New initiatives such as Beti’s creative destruction and achieving the gold standard in PBSA accreditation boost credibility. Despite recent insider selling, the company has seen record-breaking $502M net income and consistent price rises. Possible points of concern include weak statutory earnings which have led to some losses for shareholders and concern over capital allocation.
Paycom Software PAYC News Analytics from Tue, 27 Aug 2024 07:00:00 GMT to Thu, 03 Jul 2025 09:45:47 GMT - Rating 7 - Innovation 7 - Information 8 - Rumor -2
