Analyst Ratings for Paycom Software Inc. (PAYC)Updated: 2017-07-27
Analysts covering Paycom Software Inc. (NYSE:PAYC) have given it a consensus rating of Overweight. Last month, PAYC received an average rating of Buy.
Of the 13 analysts covering the stock, 8 gave it a buy rating, 1 issued an overweight rating, 4 gave a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. During this time, the number of analysts bearish on the stock has increased by 0.
PAYC was given price targets by several analysts. The maximum price target given was 80, which equates to a potential upside of 13.04 percent. The minimum price target given was 56, which equates to a potential downside of -20.87 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is -16.27 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.45 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 1.29 percent.
People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.
Analysts estimate earnings of PAYC to grow at a rate of -15.76 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PAYC is -5.22.
In the trailing 52-weeks, PAYC hit 73.61 at the highest peak, while it's lowest trading point was 39.15. Currently the stock is 80.77 percent higher than its low, and 3.86 percent lower than its 52-week high. PAYC has a P/E ratio of 82.29. Investors typically compare the P/E ratio to a company's peers in the industry. The PAYC value stock report compares PAYC to some of its peers using value stock charts. The stock has a market capitalization of $4.22 billion. PAYC's next earnings release will be on 0000-00-00, which is days away.