More about Paycom Software, Inc.
Regulatory Filings for Paycom Software, Inc.
Fundamentals for Paycom Software, Inc.
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Fundamentals for Paycom Software, Inc.
Business Operations:
Sector: TechnologyIndustry: Software - Application
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. The company offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution offers payroll applications comprising better employee transaction interface, payroll and payroll tax management, payroll card, Everyday, Paycom pay, Client Action Center, expense management, garnishment administration, and GL concierge applications; talent acquisition, including applicant tracking, background checks, on-boarding, e-verify, and tax credit services; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, Paycom learning, certification management. The company also offers time and labor management, such as time and attendance, scheduling, time-off requests, and labor allocation solutions. Its HCM solution provides manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration; COBRA administration; personnel action and performance discussion forms; Paycom surveys; retirement reporting; report center; and affordable care act applications, as well as Clue, which securely collects, tracks, and manages the vaccination and testing data of the workforce; and MyCom is a communications tool that provides organizations with a central place to share information with employees. Paycom Software, Inc. was founded in 1998 and is based in Oklahoma City, Oklahoma.
Revenue projections:
PAYC's revenue projections indicate a decrease from last year's performance, which could lead to investor caution. A fall in revenue is likely to negatively impact the company's profitability, causing concern for shareholders who may view this as a signal of declining financial health.
Financial Ratios:
| currentRatio | 1.074000 |
|---|---|
| forwardPE | 15.752348 |
| debtToEquity | 171.969000 |
| earningsGrowth | 0.481000 |
| revenueGrowth | 0.098000 |
| grossMargins | 0.880550 |
| operatingMargins | 0.317210 |
| trailingEps | 9.450000 |
| forwardEps | 13.847460 |
PAYC's current ratio of 1.074 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects PAYC's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues.
Paycom Software, Inc.'s Forward PE ratio is favorable, indicating that the stock price is well-positioned in relation to its earnings. It is not overpriced, leaving room for growth, which makes it a solid option for investors seeking both stability and future appreciation.
PAYC's high debt-to-equity ratio reveals that the company is heavily reliant on debt for financing. This high level of leverage increases the risk of financial strain if profits decline or interest rates rise.
Positive gross and operating margins for Paycom Software, Inc. suggest that the company is operating profitably. These margins highlight Paycom Software, Inc.'s efficiency in managing costs while maintaining healthy revenue streams, contributing to its overall financial strength.
Paycom Software, Inc.'s forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
PAYC's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.
Insider Transactions:
6 sales transactions of PAYC were conducted, with market price at 201.0183334350586.There were no sell transactions during the given timeframe.PAYC's current price levels are experiencing more buying activity than selling, which may point to a favorable outlook. This trend suggests investor confidence in the stock's future, potentially indicating expectations of continued growth.
Recommendation changes over time:
Analysts' recent buy bias toward PAYC suggests the stock is gaining favor as a strong investment choice. This optimism could drive more investors to see PAYC as a smart place to invest, further bolstering confidence in the company's long-term growth and potential returns.
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