Paycom Software Inc (NYSE: PAYC) stock closed at $166.72 on 5/2/24 after a major decline of -10.5%. Moreover, exceptionally high trading volume at 334% of normal accompanied the decline. The stock has been extremely weak relative to the market over the last nine months and has declined -11.3% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, PAYC is expected to continue to be a major Value Builder.
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, with the Lowest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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