How to buy Paycom Software shares

Paycom Software shares have increased 4.81% from yesterday's closing price ($305.93). Learn how to easily invest in Paycom Software shares in the UK.

Paycom Soft (PAYC) is a publicly traded software-application business based in the US. On 5 June Paycom Software shares leapt 8.83% to a closing position of $305.93. Over the last 12 months, Paycom Software's share price has risen by 1.79% from $302.01. Paycom Software is listed on the NYSE and employs 6,349 staff. All prices are listed in US Dollars.

How to buy shares in Paycom Software

  1. Choose a platform. If you're a beginner, our share-dealing table below can help you choose.
  2. Open your account. You'll need your ID, bank details and national insurance number.
  3. Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
  4. Search the platform for stock code: PAYC in this case.
  5. Research Paycom Software shares. The platform should provide the latest information available.
  6. Buy your Paycom Software shares. It's that simple.
The whole process can take as little as 15 minutes. You'll need a smartphone or computer, an internet connection, your passport or driving licence and a means of payment.
Our top picks for where to buy Paycom Software shares:

Best for

Beginner investments

IG Share Dealing image

Fees for buying 5x Paycom Software shares with popular platforms

Both exchange rates and share prices fluctuate in real time, so the costs presented here should be considered as a guide only. They do not incorporate stamp duty. Always refer to the platform itself for availability and pricing – which may differ from our information.

Platform Customer rating Platform fee Min. initial deposit Trading fee estimate
Freetrade logo ★★★★★ £0 - £9.99 No minimum £7.28
£1,241.57 total
Capital at risk
eToro Free Stocks logo ★★★★★ £0 $50 £6.17
£1,240.46 total
Capital at risk
IG Share Dealing logo ★★★★★ £0 £250 £14.24
£1,248.53 total
Capital at risk
CMC Invest share dealing account logo Not yet rated £0 No minimum £6.17
£1,240.46 total
Capital at risk
Hargreaves Lansdown Fund and Share Account logo ★★★★★ £0 £1 £24.29
£1,258.58 total
Capital at risk
Degiro Share Dealing logo ★★★★★ £0 No minimum £1.23
£1,235.53 total
Capital at risk

Full comparison of share dealing platforms

These providers cover a wide range of stocks, but we can't guarantee they'll all offer this stock.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Alternative ways to invest in Paycom Software

Is it a good time to buy Paycom Software stock?

Only you can make the decision on the time to leap. The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.

Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.

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Invest in Paycom Software shares

  • Start investing from $50
  • Pay no stamp duty on UK shares
  • Commission-free trading. Other fees may apply.

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

Is Paycom Software under- or over-valued?

Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Paycom Software P/E ratio, PEG ratio and EBITDA

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 55x. In other words, Paycom Software shares trade at around 55x 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 "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.7913. A PEG ratio over 1 can be interpreted as meaning shares are overvalued at the current rate of growth, or may anticipate an acceleration in growth.

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 (earnings before interest, taxes, depreciation and amortisation) is $462.9 million (£0.0 million).

The EBITDA is a measure of a Paycom Software's overall financial performance and is widely used to measure a its profitability.

Frequently asked questions

All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.

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