Paycom Software (NYSE:PAYC) Price Target Lowered to $148.00 at Barclays

Paycom Software (NYSE:PAYC) had its price objective reduced by research analysts at Barclays from $150.00 to $148.00 in a research note issued on Thursday,Benzinga reports. The firm currently has an “equal weight” rating on the software maker’s stock. Barclays‘s price objective would suggest a potential upside of 8.64% from the company’s current price.

A number of other equities research analysts have also weighed in on PAYC. Weiss Ratings reiterated a “sell (d+)” rating on shares of Paycom Software in a research report on Friday, May 1st. Cantor Fitzgerald lifted their price target on Paycom Software from $115.00 to $135.00 and gave the company a “neutral” rating in a research report on Friday, March 6th. Mizuho lifted their price target on Paycom Software from $120.00 to $130.00 and gave the company a “neutral” rating in a research report on Thursday. Citigroup dropped their price target on Paycom Software from $185.00 to $128.00 and set a “neutral” rating on the stock in a research report on Friday, February 13th. Finally, Jefferies Financial Group dropped their price target on Paycom Software from $190.00 to $130.00 and set a “hold” rating on the stock in a research report on Thursday, February 12th. Five investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Paycom Software currently has an average rating of “Hold” and a consensus target price of $171.36.

Paycom Software Stock Performance

PAYC traded up $9.87 on Thursday, hitting $136.23. 821,005 shares of the company were exchanged, compared to its average volume of 1,601,101. The firm has a fifty day simple moving average of $125.45 and a two-hundred day simple moving average of $146.62. Paycom Software has a 12 month low of $104.90 and a 12 month high of $267.76. The stock has a market capitalization of $6.49 billion, a PE ratio of 16.92, a price-to-earnings-growth ratio of 1.39 and a beta of 0.77.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings data on Wednesday, February 11th. The software maker reported $2.45 earnings per share for the quarter, topping analysts’ consensus estimates of $2.44 by $0.01. The firm had revenue of $544.30 million for the quarter, compared to analyst estimates of $542.79 million. Paycom Software had a return on equity of 24.25% and a net margin of 22.10%.The business’s quarterly revenue was up 10.2% compared to the same quarter last year. During the same period last year, the company earned $2.32 EPS. On average, equities analysts expect that Paycom Software will post 8.59 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. UMB Bank n.a. grew its holdings in shares of Paycom Software by 7.6% in the third quarter. UMB Bank n.a. now owns 789 shares of the software maker’s stock worth $164,000 after acquiring an additional 56 shares during the period. ORG Wealth Partners LLC grew its holdings in shares of Paycom Software by 4.4% in the third quarter. ORG Wealth Partners LLC now owns 1,390 shares of the software maker’s stock worth $289,000 after acquiring an additional 59 shares during the period. Mackenzie Financial Corp grew its holdings in shares of Paycom Software by 4.0% in the third quarter. Mackenzie Financial Corp now owns 1,624 shares of the software maker’s stock worth $338,000 after acquiring an additional 63 shares during the period. Davis Investment Partners LLC grew its holdings in shares of Paycom Software by 2.3% in the fourth quarter. Davis Investment Partners LLC now owns 2,988 shares of the software maker’s stock worth $455,000 after acquiring an additional 68 shares during the period. Finally, Compound Planning Inc. grew its holdings in shares of Paycom Software by 2.9% in the third quarter. Compound Planning Inc. now owns 2,899 shares of the software maker’s stock worth $603,000 after acquiring an additional 83 shares during the period. Hedge funds and other institutional investors own 87.77% of the company’s stock.

More Paycom Software News

Here are the key news stories impacting Paycom Software this week:

• Positive Sentiment: Company reaffirmed 2026 revenue ($2.175B–$2.195B) and adjusted EBITDA targets and the board approved a new $2.0 billion buyback plus a dividend — a sizable capital-return signal that supports shareholder value. Article Title
• Positive Sentiment: Revenue and margins showed strength — Q1 revenue rose ~7.8% year‑over‑year to about $571–572M, beating consensus and indicating continued top‑line resilience. Article Title
• Positive Sentiment: BTIG raised its price target sharply to $160 with a Buy rating, signaling bullish analyst conviction and potential upside from current levels. Article Title
• Positive Sentiment: Paycom expanded its credit facility (reported at roughly $2.13B), improving financial flexibility to support buybacks and strategic initiatives. Article Title
• Neutral Sentiment: Earnings headlines were mixed depending on the source/adjustment methodology — some outlets show EPS beats on an adjusted basis while others report a slight miss; the common thread is revenue strength and margin expansion. Article Title
• Neutral Sentiment: Earnings call transcript and management commentary are available for detail on client activity, churn and ROI initiatives — useful for assessing sustainability of growth and margins. Article Title
• Negative Sentiment: Mizuho raised its price target to $130 but kept a Neutral rating; that PT sits slightly below current levels, reflecting some analyst caution on near‑term upside/valuation. Article Title

Paycom Software Company Profile

Paycom Software, Inc (NYSE: PAYC) is a cloud-based human capital management (HCM) software provider that delivers an end-to-end solution for human resources, payroll, talent acquisition, time and labor management, and talent management. Its single-database platform enables organizations to process payroll, track time, administer benefits, and manage recruiting and employee development through a unified system. Paycom’s software is designed to streamline administrative tasks, improve data accuracy, and provide real-time reporting and analytics to support strategic HR decisions.

The company’s core offerings include payroll processing with built-in tax compliance, employee self-service functionality, automated time tracking, and customizable talent acquisition tools that allow employers to create and post job requisitions, screen candidates, and conduct onboarding electronically.