Paycom Software FY2025 EPS Increased by Cantor Fitzgerald

Paycom Software, Inc. (NYSE:PAYC) – Cantor Fitzgerald upped their FY2025 EPS estimates for Paycom Software in a research report issued on Monday, November 10th. Cantor Fitzgerald analyst M. Vanvliet now anticipates that the software maker will post earnings of $7.60 per share for the year, up from their prior estimate of $7.44. Cantor Fitzgerald has a “Hold” rating on the stock. The consensus estimate for Paycom Software’s current full-year earnings is $7.15 per share. Cantor Fitzgerald also issued estimates for Paycom Software’s FY2026 earnings at $8.21 EPS.

Paycom Software (NYSE:PAYC) last announced its quarterly earnings results on Wednesday, November 5th. The software maker reported $1.94 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.96 by ($0.02). The firm had revenue of $493.30 million during the quarter, compared to analyst estimates of $492.62 million. Paycom Software had a net margin of 22.65% and a return on equity of 24.79%. Paycom Software’s quarterly revenue was up 9.2% on a year-over-year basis. During the same period last year, the firm earned $1.67 EPS. Paycom Software has set its FY 2025 guidance at EPS.

PAYC has been the subject of a number of other research reports. Barclays cut their price target on shares of Paycom Software from $225.00 to $210.00 and set an “equal weight” rating for the company in a research note on Thursday, November 6th. KeyCorp cut their price objective on shares of Paycom Software from $290.00 to $250.00 and set an “overweight” rating for the company in a report on Thursday, November 6th. TD Cowen cut their price objective on shares of Paycom Software from $258.00 to $200.00 and set a “buy” rating for the company in a research report on Thursday, November 6th. Jefferies Financial Group decreased their target price on shares of Paycom Software from $225.00 to $190.00 and set a “hold” rating on the stock in a report on Thursday, November 6th. Finally, BMO Capital Markets increased their price target on shares of Paycom Software from $244.00 to $258.00 and gave the stock a “market perform” rating in a research report on Thursday, August 7th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $225.77.

Paycom Software Price Performance

NYSE:PAYC opened at $170.14 on Wednesday. The business’s 50-day simple moving average is $203.66 and its 200-day simple moving average is $225.51. Paycom Software has a fifty-two week low of $156.50 and a fifty-two week high of $267.76. The stock has a market capitalization of $9.85 billion, a PE ratio of 21.16, a price-to-earnings-growth ratio of 1.83 and a beta of 0.88.

Institutional Trading of Paycom Software

A number of hedge funds have recently made changes to their positions in PAYC. Brighton Jones LLC purchased a new position in Paycom Software during the 4th quarter valued at about $638,000. Allworth Financial LP boosted its holdings in shares of Paycom Software by 12.9% during the 1st quarter. Allworth Financial LP now owns 464 shares of the software maker’s stock valued at $105,000 after acquiring an additional 53 shares during the last quarter. Xponance Inc. boosted its position in Paycom Software by 0.9% in the first quarter. Xponance Inc. now owns 9,701 shares of the software maker’s stock worth $2,119,000 after purchasing an additional 86 shares during the last quarter. CWM LLC raised its position in Paycom Software by 3.3% in the first quarter. CWM LLC now owns 2,081 shares of the software maker’s stock worth $455,000 after acquiring an additional 66 shares during the period. Finally, Apollon Wealth Management LLC raised its stake in shares of Paycom Software by 8.8% in the first quarter. Apollon Wealth Management LLC now owns 5,960 shares of the software maker’s stock worth $1,302,000 after buying an additional 483 shares during the period. 87.77% of the stock is owned by institutional investors.

Insider Buying and Selling at Paycom Software

In other Paycom Software news, insider Bradley Scott Smith sold 1,500 shares of Paycom Software stock in a transaction that occurred on Friday, September 12th. The shares were sold at an average price of $223.27, for a total transaction of $334,905.00. Following the transaction, the insider owned 24,533 shares of the company’s stock, valued at $5,477,482.91. This trade represents a 5.76% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 10.90% of the stock is owned by insiders.

Paycom Software Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 8th. Investors of record on Monday, November 24th will be issued a dividend of $0.375 per share. The ex-dividend date is Monday, November 24th. This represents a $1.50 annualized dividend and a yield of 0.9%. Paycom Software’s dividend payout ratio is 18.66%.

Paycom Software Company Profile

Paycom Software, Inc provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement.