PAYC

Paycom Software Inc

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Advanced Chart

221.040

-8.81(-3.833%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

230.6032

Open

229.630

VWAP

222.03

Vol

711.06K

Mkt Cap

12.43B

Low

220.100

Amount

157.88M

EV/EBITDA(TTM)

16.75

Total Shares

56.26M

11.90B

EV/OCF(TTM)

21.32

P/S(TTM)

6.34

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

579.63M

+9.26%

3.007

+7.4%

542.76M

+9.91%

2.479

+6.87%

492.50M

+8.98%

1.968

+17.85%

Estimates Revision

The market is revising Downward the revenue expectations for Paycom Software, Inc. (PAYC) for FY2025, with the revenue forecasts being adjusted by -0.02% over the past three months. During the same period, the stock price has changed by -14.45%.

Revenue Estimates for FY2025

Revise Downward

-0.02%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-0.1%

In Past 3 Month

Stock Price

Go Down

-14.45%

In Past 3 Month

14 Analyst Rating

2.15% Upside

Wall Street analysts forecast PAYC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for PAYC is 225.80 USD with a low forecast of 155.00 USD and a high forecast of 246.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

13 Hold

0 Sell

Hold

2.15% Upside

Current: 221.040

Low

155.00

Averages

225.80

High

246.00

2.15% Upside

Current: 221.040

Low

155.00

Averages

225.80

High

246.00

Barclays

Equal Weight

maintain

$240 -> $250

2025-08-07

New

Reason

Barclays

Price Target

$240 -> $250

2025-08-07

New

maintain

Equal Weight

Reason

Barclays raised the firm's price target on Paycom to $250 from $240 and keeps an Equal Weight rating on the shares following the Q2 report.

KeyBanc

Jason Celino

Overweight

maintain

$285 -> $290

2025-08-07

New

Reason

KeyBanc

Jason Celino

Price Target

$285 -> $290

2025-08-07

New

maintain

Overweight

Reason

KeyBanc analyst Jason Celino raised the firm's price target on Paycom to $290 from $285 to reflect continued conviction in the company's execution ability and growth drivers, while keeping an Overweight rating on the shares. The firm notes Paycom posted a strong Q2 beat on the top and bottom line and raised the full-year guide by more than the beat. The focus of the call, however, was IWant, the company's new command-driven AI assistant.

BMO Capital

Market Perform

maintain

$244 -> $258

2025-08-07

New

Reason

BMO Capital

Price Target

$244 -> $258

2025-08-07

New

maintain

Market Perform

Reason

BMO Capital raised the firm's price target on Paycom to $258 from $244 and keeps a Market Perform rating on the shares. The company posted a beat and raise in Q2, topping the firm's expectations, the analyst tells investors in a research note. The launch of IWant, Paycom's AI Search Engine, is the company's biggest AI push to-date, which will be live across all customers this quarter, BMO added.

TD Cowen

Hold

downgrade

$254 -> $246

2025-08-07

New

Reason

TD Cowen

Price Target

$254 -> $246

2025-08-07

New

downgrade

Hold

Reason

TD Cowen lowered the firm's price target on Paycom to $246 from $254 and keeps a Hold rating on the shares. The firm anticipates shares to react modestly positive to the healthy revenue beat and raise, but upside and follow through strength to be capped due to free cash flow estimates being revised lower as well as uncertainty regarding the outlook for capex spend and relative valuation vs. comps being an overhang for shares.

TD Cowen

Jared Levine

Hold

maintain

$241 -> $250

2025-06-04

Reason

TD Cowen

Jared Levine

Price Target

$241 -> $250

2025-06-04

maintain

Hold

Reason

TD Cowen analyst Jared Levine raised the firm's price target on Paycom to $250 from $241 and keeps a Hold rating on the shares. The firm met with management and noted the company has steadied the ship and is back on the offensive, supporting improving investor sentiment. Following recent outperformance in shares, Cowen awaits greater comfort on sustaining sales momentum, increasing retention, and the medium-term outlook for capex.

Jefferies

Hold

maintain

$130 -> $155

2025-05-23

Reason

Jefferies

Price Target

$130 -> $155

2025-05-23

maintain

Hold

Reason

Jefferies raised the firm's price target on Paycom to $155 from $130 and keeps a Hold rating on the shares. The firm updated models in the software sector.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Paycom Software Inc (PAYC.N) is 22.85, compared to its 5-year average forward P/E of 49.60. For a more detailed relative valuation and DCF analysis to assess Paycom Software Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

49.60

Current PE

22.85

Overvalued PE

76.74

Undervalued PE

22.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

29.98

Current EV/EBITDA

13.73

Overvalued EV/EBITDA

47.00

Undervalued EV/EBITDA

12.96

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

12.18

Current PS

6.03

Overvalued PS

18.78

Undervalued PS

5.59