For its third fiscal quarter (ending September 30), Paycom Software Inc (NYSE: PAYC) has reported a 1% increase in E.P.S. from $1.30 a year ago to $1.31 in the current quarter. For the latest four quarters through September 30, E.P.S. were $8.33 compared to $5.86 a year ago — an increase of 42%.
Recent Price Action
Paycom Software Inc (NYSE: PAYC) stock enjoyed a large increase of 2.8% on 10/30/24. The stock closed at $172.25. Moreover, unusually high trading volume at 187% of normal accompanied the advance. The stock has risen 3.5% during the last week but has been weak relative to the market over the last nine months.
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). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Paycom Software has a neutral Appreciation Score of 44 and a slightly negative Power Rating of 36, with the Negative Value Trend Rating the result.
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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