For its first fiscal quarter (ending March 31), Paycom Software Inc (NYSE: PAYC) has reported a 112% increase in E.P.S. from $2.06 a year ago to $4.37 in the current quarter. This performance was $1.61 better than the consensus estimate of $2.76. E.P.S. were $8.21 for the latest four quarters through March 31 versus $5.33 for the same period a year ago — an increase of 54%.
Recent Price Action
On 5/1/24, Paycom Software Inc (NYSE: PAYC) stock declined slightly by -0.9%, closing at $186.24. Moreover, trading volume in this decline was unusually high at 165% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -1.0% during the last week.
Current PriceTarget Research Rating
PAYC is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Paycom Software has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Paycom Software has a slightly negative Appreciation Score of 33 and a very low Power Rating of 11, and the Lowest Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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