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.

Several price targets were given for PAYC by the analysts covering the stock. The most optimistic price target was 80, implying a possible profit of 13.04 percent. The most pessimistic price target was 56, implying a possible loss of -20.87 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. If we look at the last 90 days instead, we find a net average change of 1.29 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 0 analysts that decreased their estimates. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of PAYC's earnings is estimated by analysts to be -15.76 percent. The PEG ratio of a stock is another value frequently studied by investors. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. PEG ratios below 1 are often considered desirable, though it could be better to see where the ratio stands relative to peers in the industry. The PEG ratio of PAYC is -5.22.

PAYC has a 52-week high of 73.61 and a 52-week low of 39.15. The current market price is above the trailing year's low by 80.77 percent, and 3.86 percent below the high. PAYC has a price/earnings 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 market cap of PAYC is $4.22 billion. PAYC's next earnings release will be on 0000-00-00, which is days away.