The Critical Facts About Paycom Software Today

By Tamara Parker • Friday, January 06 12:09 • Permanent Link

Shares of Paycom Software have moved -2.4% today, and are now trading at a price of $287.65. In contrast, the S&P 500 index saw a 1.8% change. Today's trading volume is 478,722 compared to the stock's average volume of 419,940.

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. Based in Oklahoma City, United States the company has 5,385 full time employees and a market cap of $17,266,421,760.

The company is now trading -27.54% away from its average analyst target price of $397 per share. The 18 analysts following the stock have set target prices ranging from $343 to $450, and on average give Paycom Software a rating of buy.

Date Reported	Revenue ($ MM)	Cost of Revenue ($ MM)	Gross Margins (%)	YoY Growth (%)
2021-12-31	1,056	162	84.66	-0.77
2020-12-31	841	124	85.32	0.23
2019-12-31	738	110	85.12	n/a

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.