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 highest price target was 80, implying a possible profit of 13.04 percent. The most pessimistic price target was 56, implying potential capital losses 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.
Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. That number becomes -16.27 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.45 percent, as compared to a month ago. 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. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts made negative revisions to their fiscal year's 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. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. People often look for the PEG ratio to be under 1, 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 traded between a high of 73.61 and a low of 39.15 over the past year. The current market price is above the trailing year's low by 80.77 percent, and below the high by 3.86 percent. 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 market cap of PAYC is $4.22 billion. PAYC is estimated to release their earnings results for the quarter on 0000-00-00, days from today.