Earnings Beat: Paycom Software, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]
Paycom Software, Inc. (PAYC)
Last paycom software, inc. earnings: 4/28 04:06 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.paycom.com/corporate-profile/default.aspx
Company Research
Source: Yahoo! Finance
The early response was not positive, with shares down 9.3% to US$171 in the past week. It looks like a credible result overall - although revenues of US$500m were what the analysts expected, Paycom Software surprised by delivering a (statutory) profit of US$4.37 per share, an impressive 128% above what was forecast. Earnings are an important time for investors, as they can track a company's performance, look at what the analysts are forecasting for next year, and see if there's been a change in sentiment towards the company. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year. View our latest analysis for Paycom Software Taking into account the latest results, the consensus forecast from Paycom Software's 20 analysts is for revenues of US$1.87b in 2024. This reflects a reasonable 7.4% improvement in revenue compared to the last 12 months. Statutory earnings per share are expected to reduce 4.3% to US$8.07 in the
Show less
Read more
Impact Snapshot
Event Time:
PAYC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
PAYC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
PAYC alerts
High impacting Paycom Software, Inc. news events
Weekly update
A roundup of the hottest topics
PAYC
News
- Paycom Software, Inc. (NYSE: PAYC) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Paycom Software, Inc. (NYSE: PAYC) had its price target lowered by analysts at Mizuho from $185.00 to $170.00. They now have a "neutral" rating on the stock.MarketBeat
- Paycom Software, Inc. (NYSE: PAYC) had its "market perform" rating re-affirmed by analysts at William Blair.MarketBeat
- Paycom Software, Inc. (NYSE: PAYC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
- Paycom Software, Inc. (NYSE: PAYC) had its price target lowered by analysts at Citigroup Inc. from $196.00 to $193.00. They now have a "neutral" rating on the stock.MarketBeat
PAYC
Earnings
- 5/1/24 - Beat
PAYC
Sec Filings
- 5/17/24 - Form 144
- 5/17/24 - Form 144
- 5/14/24 - Form 4
- PAYC's page on the SEC website