From Yahoo Finance: 2025-05-07 14:47:00

Paycom Software, Inc. (PAYC) is trading at $227.37 with a trailing P/E of 25.49 and forward P/E of 26.18. Founded in 1998, Paycom provides cloud-based human capital management solutions for small to mid-sized U.S. businesses, offering integrated payroll and HR functions. The company’s innovative approach has led to annual revenue growth of around 30% since its 2014 IPO.

Despite strong financials and innovative features like the Better Employee Transaction Interface, Paycom faces competition from key rivals like ADP. Paycom’s expansion into new markets and focus on customer-centric features position it well for long-term success. However, the company must continue to differentiate itself to avoid losing market share to competitors.

While 35 hedge fund portfolios held PAYC at the end of the fourth quarter, it is not among the 30 Most Popular Stocks Among Hedge Funds. Investors looking for AI stocks with greater potential may find better options. For those seeking a promising AI stock trading at less than 5 times its earnings, a report on the cheapest AI stock is available. Paycom’s future success will depend on its ability to innovate and stay ahead in the competitive HCM market.



Read more at Yahoo Finance: Paycom Software, Inc. (PAYC): A Bull Case Theory