PAYC Stock Recent News

Paycom (PAYC) reported earnings 30 days ago. What's next for the stock?

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE: PAYC) (“Paycom” or the “Company”), a leading provider of comprehensive, cloud-based human capital management software, announced that Randy Peck, a 20-year Paycom veteran, has been appointed to serve as Paycom's Chief Operating Officer, while Matt Paque and Jennifer Kraszewski have been promoted to Chief Legal Officer and Chief Human Resources Officer, respectively. “These promotions align with our ambition to continue to help Paycom.

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (“Paycom”) (NYSE:PAYC), a leading provider of comprehensive, cloud-based human capital management software, today announced that the company will present at the Baird Global Consumer, Technology & Services Conference on June 4 in New York City. Event Details: Baird Global Consumer, Technology & Services Conference Date: June 4 Time: 2:00 p.m. (Eastern) Location: New York City A live webcast of the presentation will be available at in.

Paycom is recommended as a buy due to its long-term growth potential and strong value proposition with its BETI product. The global HCM software industry is expected to grow, providing opportunities for cloud-based HCM solutions like PAYC. The revised sales strategy and international expansion are expected to drive customer satisfaction and future growth for PAYC.

Paycom's (PAYC) first-quarter earnings reflect disciplined expenses, along with growing revenues on the back of an expanding customer base and new business wins.

Paycom Software, Inc. (NYSE:PAYC ) Q1 2024 Earnings Conference Call May 1, 2024 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & Co-CEO Chris Thomas - Co-CEO Craig Boelte - CFO Conference Call Participants Raimo Lenschow - Barclays Mason Marion - Jefferies Mark Marcon - Baird Joshua Reilly - Needham Steve Enders - Citi Kevin Veigh - UBS Ryan Krieger - Wolfe Research Phillip Leytes - Mizuho Jared Levine - TD Cowen Zane Meehan - KeyBanc Bhavin Shah - Deutsche Bank Daniel Jester - BMO Operator Good afternoon. My name is Terri and I will be your conference operator today.

Paycom Software on Wednesday forecast second-quarter revenue below market estimates, hit by sluggish demand for payroll and human resource management solutions.

Paycom Software (PAYC) reachead $198.28 at the closing of the latest trading day, reflecting a -0.37% change compared to its last close.

Recently, Zacks.com users have been paying close attention to Paycom (PAYC). This makes it worthwhile to examine what the stock has in store.

Dividend growers and initiators have historically generated strong total returns. Paycom's 2024 guidance came in below the analyst consensus, but the growth story looks to remain intact. The company ended 2023 with no long-term debt and a solid cash and cash equivalents balance.