For its second fiscal quarter (ending June 30), Paycom Software Inc (NYSE: PAYC) has reported E.P.S. of $1.20 compared to $1.11 a year ago. E.P.S. were $8.31 for the latest four quarters through June 30 versus $5.45 for the same period a year ago.
Recent Price Action
On 7/31/24, Paycom Software Inc (NYSE: PAYC) stock rose modestly by 0.8%, closing at $166.79. Moreover, this advance was accompanied by unusually high trading volume at 151% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.8% during the last week.
Current PriceTarget Research Rating
PAYC’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Paycom Software has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Paycom Software has a neutral Appreciation Score of 43 but a poor Power Rating of 27, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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