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How to buy Paycom Software stock | $421.66
Own Paycom Software stock in just a few minutes.
Fact checked
Paycom Software, Inc is a software-application business based in the US. Paycom Software shares (PAYC) are listed on the NYSE and all prices are listed in US Dollars. Paycom Software employs 3,765 staff and has a trailing 12-month revenue of around USD$813.9 million.
How to buy shares in Paycom Software
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Paycom Software. Find the stock by name or ticker symbol: PAYC. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Paycom Software reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$421.66, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Paycom Software, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Paycom Software. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
Paycom Software share price
Use our graph to track the performance of PAYC stocks over time.Paycom Software shares at a glance
Information last updated 2020-12-10.
| Latest market close | USD$421.66 |
|---|---|
| 52-week range | USD$163.42 - USD$442.85 |
| 50-day moving average | USD$394.1871 |
| 200-day moving average | USD$328.0304 |
| Wall St. target price | USD$402.71 |
| PE ratio | 149.6841 |
| Dividend yield | N/A (0%) |
| Earnings per share (TTM) | USD$2.817 |
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Is it a good time to buy Paycom Software stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Paycom Software price performance over time
Historical closes compared with the close of $421.66 from 2020-12-09
| 1 week (2021-01-08) | -4.41% |
|---|---|
| 1 month (2020-12-16) | -0.39% |
| 3 months (2020-10-15) | 12.17% |
| 6 months (2020-07-15) | 43.33% |
| 1 year (2020-01-15) | 45.86% |
|---|---|
| 2 years (2019-01-15) | 222.44% |
| 3 years (2018-01-12) | 375.11% |
| 5 years (2016-01-15) | 1,216.86% |
Is Paycom Software under- or over-valued?
Valuing Paycom Software stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Paycom Software's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Paycom Software's P/E ratio
Paycom Software's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 150x. In other words, Paycom Software shares trade at around 150x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Paycom Software's PEG ratio
Paycom Software's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 4.3592. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Paycom Software's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Paycom Software's EBITDA
Paycom Software's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$241.8 million.
The EBITDA is a measure of a Paycom Software's overall financial performance and is widely used to measure a its profitability.
Paycom Software financials
| Revenue TTM | USD$813.9 million |
|---|---|
| Operating margin TTM | 25.82% |
| Gross profit TTM | USD$648.3 million |
| Return on assets TTM | 6.44% |
| Return on equity TTM | 29.71% |
| Profit margin | 20.21% |
| Book value | $10.978 |
| Market capitalisation | USD$24.3 billion |
TTM: trailing 12 months
Shorting Paycom Software shares
There are currently 1.8 million Paycom Software shares held short by investors – that's known as Paycom Software's "short interest". This figure is 9.7% down from 1.9 million last month.
There are a few different ways that this level of interest in shorting Paycom Software shares can be evaluated.
Paycom Software's "short interest ratio" (SIR)
Paycom Software's "short interest ratio" (SIR) is the quantity of Paycom Software shares currently shorted divided by the average quantity of Paycom Software shares traded daily (recently around 392304.91071429). Paycom Software's SIR currently stands at 4.48. In other words for every 100,000 Paycom Software shares traded daily on the market, roughly 4480 shares are currently held short.
However Paycom Software's short interest can also be evaluated against the total number of Paycom Software shares, or, against the total number of tradable Paycom Software shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Paycom Software's short interest could be expressed as 0.03% of the outstanding shares (for every 100,000 Paycom Software shares in existence, roughly 30 shares are currently held short) or 0.0417% of the tradable shares (for every 100,000 tradable Paycom Software shares, roughly 42 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Paycom Software.
Find out more about how you can short Paycom Software stock.
Paycom Software share dividends
We're not expecting Paycom Software to pay a dividend over the next 12 months.
Paycom Software share price volatility
Over the last 12 months, Paycom Software's shares have ranged in value from as little as $163.42 up to $442.85. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Paycom Software's is 1.5186. This would suggest that Paycom Software's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Paycom Software overview
Paycom Software, Inc. provides cloud-based human capital management (HCM) software service for small to mid-sized companies in the United States. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking. Its HCM solution also provides payroll applications comprising payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, and Paycom learning and course content, as well as my analytics, which offer employment predictor reporting. In addition, the company's HCM solution offers HR management applications comprising 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/benefits to carrier; COBRA administration; personnel action forms; surveys; and affordable care act applications. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.
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