Paycom Software (NYSE:PAYC) Given New $265.00 Price Target at JPMorgan Chase & Co.

Paycom Software (NYSE:PAYC) had its price target lifted by equities research analysts at JPMorgan Chase & Co. from $264.00 to $265.00 in a research report issued on Thursday, Benzinga reports. The brokerage currently has a “neutral” rating on the software maker’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 6.05% from the company’s current price.

PAYC has been the subject of a number of other reports. TD Cowen increased their price objective on shares of Paycom Software from $244.00 to $286.00 and gave the stock a “buy” rating in a research note on Friday, October 2nd. BTIG Research cut shares of Paycom Software from a “buy” rating to a “neutral” rating in a research note on Thursday. Needham & Company LLC reaffirmed a “hold” rating on shares of Paycom Software in a report on Thursday. Jefferies Financial Group increased their price target on Paycom Software from $160.00 to $300.00 and gave the stock a “hold” rating in a research note on Tuesday, October 27th. Finally, BMO Capital Markets raised their price target on Paycom Software from $145.00 to $208.00 and gave the company a “market perform” rating in a report on Thursday, August 6th. Four equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $256.43.

Paycom Software Stock Performance

Shares of NYSE:PAYC traded down $18.27 during mid-day trading on Thursday, reaching $249.89. 1,728,943 shares of the company traded hands, compared to its average volume of 1,162,262. The company’s 50 day moving average price is $237.97 and its 200-day moving average price is $165.78. The firm has a market cap of $11.26 billion, a PE ratio of 26.56, a PEG ratio of 1.41 and a beta of 0.75. Paycom Software has a 52 week low of $104.90 and a 52 week high of $275.22. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.07 and a quick ratio of 1.07.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, November 4th. The software maker reported $3.37 EPS for the quarter, topping analysts’ consensus estimates of $2.81 by $0.56. Paycom Software had a net margin of 22.78% and a return on equity of 37.06%. The company had revenue of $543.80 million for the quarter, compared to analysts’ expectations of $535.26 million. During the same quarter last year, the business earned $1.94 EPS. The firm’s revenue was up 10.2% compared to the same quarter last year. On average, equities analysts expect that Paycom Software will post 10.80 EPS for the current fiscal year.

Insider Buying and Selling

In other Paycom Software news, insider Shane Hadlock sold 241 shares of the business’s stock in a transaction on Friday, August 28th. The shares were sold at an average price of $240.07, for a total value of $57,856.87. Following the sale, the insider owned 69,911 shares in the company, valued at $16,783,533.77. The trade was a 0.34% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 13.20% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. BlackRock Inc. purchased a new stake in shares of Paycom Software in the second quarter worth about $632,460,000. Bank of New York Mellon Corp bought a new position in Paycom Software during the second quarter valued at approximately $42,858,000. Equity Investment Corp purchased a new position in Paycom Software during the 2nd quarter valued at approximately $37,085,000. Bank of America Corp DE purchased a new position in Paycom Software during the 2nd quarter valued at approximately $34,146,000. Finally, Reinhart Partners LLC. grew its holdings in Paycom Software by 20.1% during the 2nd quarter. Reinhart Partners LLC. now owns 1,219,906 shares of the software maker’s stock valued at $153,320,000 after buying an additional 204,191 shares in the last quarter. 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: Paycom beat third-quarter estimates, reporting adjusted earnings of $3.37 per share versus a $2.81 consensus and revenue of $543.8 million versus $535.3 million expected. Revenue grew 10.2% year over year, while earnings rose substantially; the company cited revenue growth, automation adoption and margin gains. It also raised its 2026 revenue and EBITDA guidance. Paycom Q3 earnings and guidance
• Positive Sentiment: Paycom declared its first cash dividend, adding a potential shareholder-return appeal. The report provided here does not specify the dividend amount. Paycom declares its first cash dividend
• Positive Sentiment: KeyCorp raised its price target from $295 to $297 and maintained an “overweight” rating, signaling continued upside in its view. KeyCorp rating and price target
• Neutral Sentiment: Paycom’s strong share-price momentum—up more than 40% over the past year—and a favorable technical rating are balanced by warnings that the stock may be richly valued. This could make further gains more sensitive to expectations and execution. Paycom stock valuation and momentum
• Negative Sentiment: BTIG Research downgraded Paycom from “buy” to “neutral,” adding a cautious counterpoint to the upbeat earnings news. BTIG Research rating

Paycom Software Company Profile

Paycom Software, Inc is a provider of cloud-based human capital management (HCM) software designed to help businesses manage employee-related processes through a unified platform. Its solutions support payroll, human resources, talent acquisition and management, time and labor management, compliance, and employee engagement.

The company’s software is intended to allow employers and employees to enter and manage workforce information within a single system. Its offerings include payroll processing, benefits administration, expense management, scheduling, performance management, learning, and recruiting tools.