Implied QGRO Analyst Target Price: $112
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 09 2025
0mins
Should l Buy PAYC?
Source: NASDAQ.COM
ETF Analyst Target Price: The American Century U.S. Quality Growth ETF (QGRO) has an implied analyst target price of $111.50, indicating a potential upside of 10.11% from its current trading price of $101.26.
Underlying Holdings Performance: Notable underlying holdings such as Qualys, Gilead Sciences, and Paycom Software show significant upside potential based on analyst target prices, raising questions about the validity and optimism of these targets in light of recent market developments.
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Analyst Views on PAYC
Wall Street analysts forecast PAYC stock price to rise
14 Analyst Rating
3 Buy
11 Hold
0 Sell
Hold
Current: 138.430
Low
165.00
Averages
201.82
High
245.00
Current: 138.430
Low
165.00
Averages
201.82
High
245.00
About PAYC
Paycom Software, Inc. is a provider of a comprehensive, cloud-based human capital management (HCM) solution delivered as software-as-a-service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment lifecycle, from recruitment to retirement. Its solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. The Company's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Outlook Reaffirmation: Management reaffirmed its full-year revenue guidance of $2.175 billion to $2.195 billion and adjusted EBITDA expectations of $950 million to $970 million, indicating confidence in future growth and a stable business foundation.
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- Customer Trust: Paycom's automated solutions are widely trusted by retailers, with an HR director noting that the GONE system ensures all PTO requests are handled swiftly and fairly, improving employee satisfaction and management efficiency.
- Global Impact: This year's RetailTech Breakthrough Awards attracted thousands of nominations from over 16 countries, reflecting ongoing investments in digital transformation across the global retail industry, with Paycom's performance standing out in this context.
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