The stock of Paycom Software Inc (NYSE: PAYC) has decreased by -1.33 when compared to last closing price of 202.10.Despite this, the company has seen a loss of -2.71% in its stock price over the last five trading days. benzinga.com reported 2024-12-20 that Paycom Software Inc. PAYC shares are rebounding slightly Friday. This comes following Wednesday’s meltdown of more than 10%.
Is It Worth Investing in Paycom Software Inc (NYSE: PAYC) Right Now?
The price-to-earnings ratio for Paycom Software Inc (NYSE: PAYC) is 24.01x, which is above its average ratio. Moreover, the 36-month beta value for PAYC is 1.16. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 17 as “hold,” and 0 as “sell.”
The public float for PAYC is 49.37M and currently, short sellers hold a 4.27% of that float. On January 09, 2025, PAYC’s average trading volume was 610.02K shares.
PAYC’s Market Performance
PAYC’s stock has seen a -2.71% decrease for the week, with a -15.67% drop in the past month and a 24.68% gain in the past quarter. The volatility ratio for the week is 3.20%, and the volatility levels for the past 30 days are at 2.98% for Paycom Software Inc. The simple moving average for the past 20 days is -7.14% for PAYC’s stock, with a 11.19% simple moving average for the past 200 days.
Analysts’ Opinion of PAYC
Jefferies, on the other hand, stated in their research note that they expect to see PAYC reach a price target of $195. The rating they have provided for PAYC stocks is “Hold” according to the report published on January 05th, 2024.
UBS gave a rating of “Buy” to PAYC, setting the target price at $235 in the report published on November 07th of the previous year.
PAYC Trading at -8.65% from the 50-Day Moving Average
After a stumble in the market that brought PAYC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.85% of loss for the given period.
Volatility was left at 2.98%, however, over the last 30 days, the volatility rate increased by 3.20%, as shares sank -15.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.13% upper at present.
During the last 5 trading sessions, PAYC fell by -2.71%, which changed the moving average for the period of 200-days by +3.61% in comparison to the 20-day moving average, which settled at $214.74. In addition, Paycom Software Inc saw -2.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PAYC starting from Richison Chad R., who sale 1,950 shares at the price of $229.09 back on Nov 13 ’24. After this action, Richison Chad R. now owns 2,731,410 shares of Paycom Software Inc, valued at $446,732 using the latest closing price.
Richison Chad R., the CEO, President and Chairman of Paycom Software Inc, sale 1,950 shares at $229.09 during a trade that took place back on Nov 13 ’24, which means that Richison Chad R. is holding 3,427,249 shares at $446,732 based on the most recent closing price.
Stock Fundamentals for PAYC
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 0.78 for the gross margin
The net margin for Paycom Software Inc stands at 0.26. The total capital return value is set at 0.32. Equity return is now at value 32.58, with 12.80 for asset returns.
Based on Paycom Software Inc (PAYC), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at 25.24. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is 226.25.
Currently, EBITDA for the company is 503.37 million with net debt to EBITDA at -0.31. When we switch over and look at the enterprise to sales, we see a ratio of 5.98. The receivables turnover for the company is 58.99for trailing twelve months and the total asset turnover is 0.52. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.11.
Conclusion
To wrap up, the performance of Paycom Software Inc (PAYC) has been bad in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
