More about Paycom Software, Inc.
Regulatory Filings for Paycom Software, Inc.
Fundamentals for Paycom Software, Inc.
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Fundamentals for Paycom Software, Inc.
Business Operations:
Sector: TechnologyIndustry: Software - Application
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers payroll applications comprising better employee transaction interface, payroll and payroll tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, garnishment administration, and GL concierge applications; talent acquisition, including applicant tracking, background checks, on-boarding, e-verify, and tax credit services; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, Paycom learning, certification management. The company also offers time and labor management, such as time and attendance, scheduling, time-off requests, and labor allocation solutions. Its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration; COBRA administration; personnel action and performance discussion forms; Paycom surveys; retirement reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce; and MyCom is a communications tool that provides organizations with a central place to share information with employees. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.
Revenue projections:
Paycom Software, Inc. is projected to see lower revenues than in the previous year, a trend that usually concerns investors. Declining revenues often harm a company's profitability, leading investors to exercise caution as they weigh the potential risks of continued financial downturns.
Financial Ratios:
| currentRatio | 1.088000 |
|---|---|
| forwardPE | 10.491423 |
| debtToEquity | 5.215000 |
| earningsGrowth | 0.021000 |
| revenueGrowth | 0.102000 |
| grossMargins | 0.871810 |
| operatingMargins | 0.288630 |
| trailingEps | 8.070000 |
| forwardEps | 11.650470 |
PAYC's current ratio of 1.088 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects PAYC's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
With Paycom Software, Inc.'s Forward PE in a favorable range, the stock appears reasonably priced compared to its earnings. This suggests that it's not overpriced and there is room for growth, providing an encouraging opportunity for investors seeking future value increases.
Paycom Software, Inc.'s positive gross and operating margins reflect its profitability and efficiency. These metrics demonstrate the company's ability to manage costs effectively while generating strong revenue, highlighting its solid financial health and operational effectiveness.
PAYC's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
Paycom Software, Inc.'s stock price has repeatedly hovered near the lower end of projections. This trend indicates that the company may be facing obstacles in achieving the growth anticipated by analysts.
Insider Transactions:
13 sales of PAYC stock were made, with market price at 226.35615422175482 per share.There were no sell transactions during the given timeframe.With more buys than sells around PAYC's current price, there seems to be increased confidence among investors. This shift may indicate a favorable outlook, as the buying behavior suggests optimism for the stock's future growth or resilience.
Recommendation changes over time:
Paycom Software, Inc. has garnered a buy bias from analysts recently, suggesting the stock is a good investment opportunity. This may lead to increased investor interest, as Paycom Software, Inc. is seen as a reliable place to park money for those looking to benefit from potential market gains and company growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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