Paycom Software, Inc. provides cloud-based human capital management solutions to small and mid-sized businesses. Valued at $13.5 billion, it will announce its fiscal second-quarter earnings on July 30, with analysts expecting a profit of $1.35 per share. The company has consistently beat estimates in recent quarters.

Analysts anticipate a 15.3% decrease in EPS for Paycom this year, but a 14.3% increase in fiscal 2026. The stock has surged 63.5% in the past year, significantly outperforming the S&P 500 and Technology Select Sector SPDR Fund. Paycom shares rose 9% after strong first-quarter results, exceeding expectations.

Despite positive financial performance, analysts remain cautious on Paycom stock, with a majority giving a “Hold” rating. A mean price target of $245 suggests a potential upside of 6.8% from current levels. The company’s cloud-based HCM solutions have driven investor optimism and stock growth.

Read more at Yahoo Finance: What to Expect From Paycom Software’s Next Quarterly Earnings Report