Paycom Software downgraded by Jefferies with a new price target
$PAYC
Computer Software: Prepackaged Software
Technology
Jefferies downgraded Paycom Software from Buy to Hold and set a new price target of $195.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/6/2024 | Neutral | BTIG Research | |
| 1/5/2024 | $195.00 | Buy → Hold | Jefferies |
| 11/7/2023 | $235.00 | Buy | UBS |
| 11/2/2023 | $330.00 → $185.00 | Buy → Neutral | BofA Securities |
| 11/1/2023 | Buy → Hold | Needham | |
| 11/1/2023 | Outperform → Perform | Oppenheimer | |
| 11/1/2023 | Outperform → Mkt Perform | William Blair | |
| 11/1/2023 | $360.00 → $189.00 | Buy → Neutral | Citigroup |
Paycom Software, Inc. (NYSE:PAYC) ("Paycom"), a leading provider of comprehensive, cloud-based human capital management software, received a BIG Innovation Award for its Time-Off Requests tool featuring GONE® from Business Intelligence Group. Paycom's GONE allows businesses to automate time-off decisions to best fit their needs using customizable decision criteria for time-off request approval and denial to ensure business continuity. This innovative feature simplifies the review process, decreases managerial decision fatigue and supports accurate and fair accounting and application of accruals. GONE has a projected return on investment of up to 821% over three years, according to a 2024
Chad Richison, Paycom founder, CEO and chairman, also listed among Best CEOs Paycom Software, Inc. (NYSE:PAYC) ("Paycom"), a leading provider of comprehensive, cloud-based human capital management software, ranked in the top 10 for Best Company Culture, Best Compensation and Best CEO in awards from Comparably, an employee review and salary platform. Paycom topped this year's rankings of Best Companies for Compensation and Best Company Culture as the No. 1 large company in both categories. Paycom founder, CEO and chairman Chad Richison also ranked No. 9 among Best CEOs. "Awards like these are especially impactful to Paycom because the recognition is based solely on feedback from our cu
As the leader of the No. 1 pass defense team in the country, The University of Texas at Austin's Jahdae Barron has been named the 2024 Paycom Jim Thorpe Award Winner. The announcement was made live tonight on The Home Depot College Football Awards on ESPN. Barron received the 2024 honor given to the top defensive back in college football based on performance on the field, athletic ability and character on behalf of the Oklahoma Sports Hall of Fame, Jim Thorpe Association and presenting sponsor Paycom. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241212595837/en/As the leader of the No. 1 pass defense team in the country, The U
Paycom Software, Inc. (NYSE:PAYC) ("Paycom"), a leading provider of comprehensive, cloud-based human capital management software, today announced the appointment of Joe Binz to Paycom's board of directors, effective Dec. 10, 2024. Binz currently serves as chief financial officer at Atlassian, where he is responsible for its global finance organization and oversees the company's accounting, finance, internal audit, investor relations, tax, treasury and procurement teams. He has more than 30 years of financial leadership experience in the technology industry. Prior to joining Atlassian, Binz held management roles at Microsoft, where he led the company's finance functions and guided its bu
Paycom Software, Inc. (NYSE:PAYC) ("Paycom"), a leading provider of comprehensive, cloud-based human capital management software, today announced the appointment of Archana Vemulapalli to Paycom's board of directors, effective July 30, 2024. Vemulapalli has more than 23 years of technology leadership experience. She currently serves as corporate vice president of Global Commercial Sales and leads Global System Integrator/System Integrator alliances at Advanced Micro Devices ("AMD"). Prior to joining AMD, she held management roles at Amazon Web Services ("AWS"), where she served as head of Product and Global Strategy for data and AI and as general manager and head of Solutions Architecture
Paycom Software, Inc. (NYSE:PAYC) ("Paycom"), a leading provider of comprehensive, cloud-based human capital management software, announced today the appointment of Steve Sturges to the role of chief marketing officer (CMO). "Steve brings three decades of experience in marketing, branding and advertising to our team. I'm excited to see him continue to elevate our innovative brand, engage our clients and drive further demand generation for our salesforce," said Paycom founder, chairman and CEO, Chad Richison. As Paycom's chief marketing officer, Sturges will lead strategy, development and execution across all marketing and communication functions, while driving lead-generation efforts an
4 - Paycom Software, Inc. (0001590955) (Issuer)
4 - Paycom Software, Inc. (0001590955) (Issuer)
4 - Paycom Software, Inc. (0001590955) (Issuer)
4 - Paycom Software, Inc. (0001590955) (Issuer)
3 - Paycom Software, Inc. (0001590955) (Issuer)
4 - Paycom Software, Inc. (0001590955) (Issuer)
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BTIG Research initiated coverage of Paycom Software with a rating of Neutral
Jefferies downgraded Paycom Software from Buy to Hold and set a new price target of $195.00
UBS initiated coverage of Paycom Software with a rating of Buy and set a new price target of $235.00
8-K - Paycom Software, Inc. (0001590955) (Filer)
10-Q - Paycom Software, Inc. (0001590955) (Filer)
8-K - Paycom Software, Inc. (0001590955) (Filer)
Third Quarter Revenues of $452 million, up 11% from the comparable prior year period Third Quarter GAAP Net Income of $73 million, representing 16% of total revenues, or $1.31 per diluted share Third Quarter Non-GAAP Net Income of $93 million, or $1.67 per diluted share Third Quarter Adjusted EBITDA of $171 million, representing 38% of total revenues Paycom Software, Inc. ("Paycom," "we" and "our") (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced its financial results for the quarter ended September 30, 2024. "We posted solid third quarter results and continue to make significant progress toward full-solution automation,"
Paycom Software, Inc. ("Paycom") (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, announced today that its Board of Directors declared a cash dividend in the amount of $0.375 per share of common stock, to be paid on Dec. 9, 2024, to all stockholders of record as of the close of business on Nov. 25, 2024. About Paycom For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified businesses and the lives of their employees through easy-to-use HR and payroll technology to empower transparency through direct access to their data. And thanks to its industry-first solution, Beti®, employees now do their own payroll and are guided to find and fix
Paycom Software, Inc. ("Paycom") (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, will release its results for the third quarter ended Sept. 30, 2024, after the market closes on Oct. 30. Paycom will also hold a conference call to discuss results at 5 p.m. (Eastern) that day. Dial-in #: +1 (833) 470-1428 Intl. Dial-In #: +1 (404) 975-4839 Access Code: 167182 Replay #: +1 (866) 813-9403 Intl. Replay #: +1 (929) 458-6194 Replay Access Code: 323948 The conference call will also be webcast at investors.paycom.com. For those unable to pa