Paycom Software, Inc. is a leading cloud-based HCM and payroll software provider with a market cap of $9.3 billion. Shares have struggled, down 26.1% in the past year. Despite softer earnings, strong revenue growth was reported in Q3, with full-year revenue expected to rise 9%.
Analysts predict a 12.1% decrease in EPS for Paycom in 2025. Consensus rating is “Hold,” with 20 analysts covering the stock. A month ago, the stock had a “Moderate Buy” rating but has turned bearish recently. Citi analyst maintains a “Hold” rating with a price target of $228.
Overall, Paycom Software has seen a mix of positive and negative trends in its financial performance and analyst ratings, making it a stock to watch closely in the coming months for potential shifts in sentiment and performance.
Read more at Yahoo Finance: Is Wall Street Bullish or Bearish on Paycom Software Stock?
