Grufity logoGrufity logo
StocksFundsSearch FilingsAPI

Paycom Software Inc Stock Research

PAYC

263.82USD-4.66(-1.74%)Delayedas of 21 Sep 2023, 12:48 pm
Watchlist

Market Summary

USD263.82-4.66
Delayedas of 21 Sep 2023, 12:48 pm
-1.74%

PAYC Alerts

  • Big jump in Revenue (Y/Y)

PAYC Stock Price

PAYC RSI Chart

PAYC Valuation

Market Cap

15.6B

Price/Earnings (Trailing)

49.25

Price/Sales (Trailing)

9.99

EV/EBITDA

29.68

Price/Free Cashflow

51.9

PAYC Price/Sales (Trailing)

PAYC Profitability

Operating Margin

84.42%

EBT Margin

29.03%

Return on Equity

23.14%

Return on Assets

7.28%

Free Cashflow Yield

1.93%

PAYC Fundamentals

PAYC Revenue

Revenue (TTM)

1.6B

Revenue Y/Y

26.57%

Revenue Q/Q

-11.18%

PAYC Earnings

Earnings (TTM)

315.9M

Earnings Y/Y

12.49%

Earnings Q/Q

-45.92%

Price Action

52 Week Range

262.12374.04
(Low)(High)

Last 7 days

-3.9%

Last 30 days

-5.3%

Last 90 days

-12.5%

Trailing 12 Months

-22.6%

PAYC Financial Health

Current Ratio

1.19

PAYC Investor Care

Dividend Yield

0.56%

Dividend/Share (TTM)

1.5

Buy Backs (1Y)

0.03%

Diluted EPS (TTM)

5.45

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for PAYC

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-08
Clark Jason D.
sold
-37,356
287
-130
-
2023-09-07
Boelte Craig E.
gifted
-
-
-2,000
chief financial officer
2023-08-10
Thomas Christopher Gene
sold
-92,816
290
-320
sevp of operations
2023-07-12
Richison Chad R.
gifted
-
-
-895
president and ceo
2023-07-12
Richison Chad R.
gifted
-
-
895
president and ceo
2023-07-05
DUQUES HENRY C
gifted
-
-
-2,115
-
2023-05-25
Clark Jason D.
sold
-119,966
278
-430
-
2023-05-15
LEVENSON ROBERT J
acquired
-
-
33.00
-
2023-05-15
WATTS J C JR
acquired
-
-
33.00
-
2023-05-15
PETERS FREDERICK C II
acquired
-
-
33.00
-

1–10 of 50

Which funds bought or sold PAYC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-12
Farther Finance Advisors, LLC
added
38.18
7,697
24,418
-%
2023-09-12
Prosperity Wealth Management, Inc.
new
-
295,862
295,862
0.19%
2023-09-08
TUCKER ASSET MANAGEMENT LLC
unchanged
-
103
1,927
-%
2023-09-07
Strategic Financial Concepts, LLC
unchanged
-
17,834
332,484
0.12%
2023-09-05
Covenant Partners, LLC
reduced
-1.00
12,564
285,261
0.10%
2023-09-01
Portside Wealth Group, LLC
new
-
565,062
565,062
0.10%
2023-08-28
DT Investment Partners, LLC
unchanged
-
439
2,225
-%
2023-08-24
Alberta Investment Management Corp
added
3.00
153,913
1,894,670
0.02%
2023-08-23
Stonebridge Capital Advisors LLC
added
0.09
18,901
349,056
0.04%
2023-08-22
COMERICA BANK
new
-
34,000
34,000
-%

1–10 of 48

Latest Funds Activity

Are funds buying PAYC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PAYC
No. of Funds

Schedule 13G FIlings of Paycom Software

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Aug 11, 2023
richison chad r.
6.1%
3,670,999
SC 13D/A
Feb 09, 2023
vanguard group inc
9.63%
5,782,895
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
4,811,106
SC 13G/A
Nov 18, 2022
richison chad r.
6.1%
3,670,999
SC 13D/A
Feb 15, 2022
richison chad r.
6.1%
3,670,999
SC 13D/A
Feb 14, 2022
price t rowe associates inc /md/
3.5%
2,103,618
SC 13G/A
Feb 03, 2022
blackrock inc.
8.9%
5,360,203
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
6.3%
3,732,750
SC 13G/A
Feb 10, 2021
vanguard group inc
9.16%
5,358,909
SC 13G/A
Jan 29, 2021
blackrock inc.
8.6%
5,059,977
SC 13G/A

Recent SEC filings of Paycom Software

View All Filings
Date Filed Form Type Document
Sep 12, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Aug 11, 2023
SC 13D/A
13D - Major Acquisition
Aug 11, 2023
4
Insider Trading
Aug 10, 2023
144
Notice of Insider Sale Intent
Aug 03, 2023
10-Q
Quarterly Report
Aug 01, 2023
8-K
Current Report
Aug 01, 2023
8-K
Current Report
Jul 31, 2023
8-K
Current Report
Jul 20, 2023
8-K
Current Report

PAYC Fair Value

Loading...

Peers (Alternatives to Paycom Software)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
211.9B
-0.34% 32.68%
32.95
11.25
6.88% -0.52%
244.3B
18.4B
2.94% 84.08%
50.33
13.26
10.40% -0.72%
-
-
6.28% -9.18%
-
-
- -
309.2B
51.0B
-3.19% 66.57%
32.97
6.07
15.41% 61.40%
207.7B
33.1B
1.91% 42.21%
131.63
6.28
14.81% 194.40%
20.6B
4.5B
2.27% -10.75%
145.2
4.61
3.92% -85.69%
MID-CAP
3.2B
506.6M
-3.17% -3.38%
-20.53
6.39
20.13% -27.36%
12.5B
848.2M
8.36% 49.82%
85.66
14.74
19.21% 23.01%
7.5B
905.3M
14.53% 50.63%
-48.14
8.25
11.41% -3.11%
SMALL-CAP
1.2B
415.3M
-14.61% 14.34%
-6.22
2.8
11.66% -68.02%
775.3M
403.2M
-26.56% 32.06%
-32.36
1.92
0.77% 74.48%
130.6M
309.9M
60.32% -54.23%
-0.71
0.42
-0.26% -219.50%

Paycom Software News

Simply Wall St
Some Investors May Be Worried About Paycom Software's (NYSE:PAYC) Returns On Capital.
Simply Wall St,
5 hours ago
Journal Record
Marketscreener.com
InvestorPlace
The 3 Best Stock Picks for This Week.
InvestorPlace,
16 days ago
Yahoo Finance
InvestorsObserver

Returns for PAYC

Cumulative Returns on PAYC

27.9%


7-Year Cumulative Returns

11.8%


5-Year Cumulative Returns

-0.6%


3-Year Cumulative Returns

Risks for PAYC

What is the probability of a big loss on PAYC?

87.3%


Probability that Paycom Software stock will be more than 20% underwater in next one year

58.5%


Probability that Paycom Software stock will be more than 30% underwater in next one year.

34.6%


Probability that Paycom Software stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PAYC drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Paycom Software was unfortunately bought at previous high price.

Drawdowns

Financials for Paycom Software

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue5.7%1,5581,4731,3751,2901,2121,1371,056991932871841814792780738695653612566530498
  S&GA Expenses6.2%883831784748713677640622583550532484451417402380357331302277264
  R&D Expenses7.7%17215914814313412511810910093.0090.0083.0081.0076.0073.0068.0060.0053.0046.0041.0038.00
EBITDA-100.0%-483442394358329292--222214237252276249229214----
EBITDA Margin-100.0%-0.33*0.32*0.31*0.30*0.29*0.28*--0.25*0.25*0.29*0.32*0.35*0.34*0.33*0.33*----
Interest Expenses7.9%3.003.003.002.001.001.000.00---0.000.000.001.001.001.001.001.001.001.001.00
Earnings Before Taxes4.7%448428390346314288256223213193186210227252226208194185175167152
EBT Margin-100.0%-0.29*0.28*0.27*0.26*0.25*0.24*0.22*0.23*0.22*0.22*0.26*0.29*0.32*0.31*------
Net Income2.3%316309281250228223196172169145143164176196181167156143137155147
Net Income Margin-100.0%-0.21*0.20*0.19*0.19*0.20*0.19*0.17*0.18*0.17*0.17*0.20*0.22*0.25*0.24*------
Free Cashflow-100.0%-25523220021621719917516214113312798.00122131------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-6.8%3,9514,2423,9033,3154,8925,4453,2154,2183,2333,4072,6082,4851,9222,3102,4871,5921,8262,0631,5221,4681,419
  Current Assets-11.3%2,7083,0552,7642,2283,8484,4342,2523,3132,3572,6241,8651,7781,2401,6521,8711,0131,2881,5491,0651,0381,002
    Cash Equivalents6.1%5375064013172793611,8132312022151521561141821,64210895.0091.0098685.0055.00
  Inventory-1.5%1.001.002.001.002.001.001.001.001.001.001.001.001.001.001.001.001.001.001.001.000.00
  Net PPE5.7%445421402384375363349329321302285276267254238224196188177168165
  Goodwill0%52.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.0052.00
Liabilities-12.5%2,5452,9072,7202,2383,8984,4362,3213,3932,4412,6611,9521,8531,3361,7101,9601,1171,3911,6641,187--
  Current Liabilities-14.8%2,1872,5652,3771,8983,5684,1131,9903,0862,1452,4261,7181,6281,1171,4981,7549181,2011,4841,029958947
    LT Debt, Current------2.002.002.002.002.002.002.002.002.002.002.002.002.002.002.002.00
    LT Debt, Non Current0%29.0029.0029.0029.0029.0027.0027.0028.0028.0029.0029.0030.0030.0030.0031.0031.0032.0032.0033.0033.0033.00
Shareholder's Equity5.4%1,4071,3341,1831,0769941,009894825792745656632586600527475435399335360330
  Retained Earnings3.2%1,3581,3161,1971,1171,0651,008916867837784720695668639576531492443396364335
  Additional Paid-In Capital6.7%650609577550518490466441410384358322300276258251246240204198193
Shares Outstanding0.1%58.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0058.0057.0057.0058.0058.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations13.7%448394365326342347319283266235227222209226224215208208185184175
  Share Based Compensation11.0%11210195.0092.0096.0096.0098.0011010098.0090.0063.0048.0032.0047.0046.0046.0044.0037.0038.0047.00
Cashflow From Investing-2361.0%-84.154.00-23.29-225-230-332-25716.0022.0073.00-117-339-362-385-219-41.19-35.07-42.12-49.42-93.75-95.01
Cashflow From Financing12.3%-1,457-1,661255-1,3171,2651,5791661,338918798-165606-174-45.90651-173121181-2474.00-6.53
  Dividend Payments-43.00--------------------
  Buy Backs---95.00-189-----52.0069.0010432.00----10580.0083.00

PAYC Income Statement

2023-06-30
Unaudited Consolidated Statements of Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenues    
Total revenues$ 401,139$ 316,924$ 852,776$ 670,443
Cost of revenues    
Operating expenses54,61739,604107,70278,096
Depreciation and amortization12,81110,47824,95820,470
Total cost of revenues67,42850,082132,66098,566
Administrative expenses    
Sales and marketing106,43587,724210,009162,720
Research and development49,11836,80391,78768,408
General and administrative75,96557,912141,570118,416
Depreciation and amortization14,92712,09029,05223,753
Total administrative expenses246,445194,529472,418373,297
Total operating expenses313,873244,611605,078471,863
Operating income87,26672,313247,698198,580
Interest expense(602)(354)(1,439)(569)
Other income (expense), net6,18387812,1872,290
Income before income taxes92,84772,837258,446200,301
Provision for income taxes28,33115,48274,63451,016
Net income$ 64,516$ 57,355$ 183,812$ 149,285
Earnings per share, basic$ 1.11$ 0.99$ 3.17$ 2.57
Earnings per share, diluted$ 1.11$ 0.99$ 3.17$ 2.57
Weighted average shares outstanding:    
Basic57,92057,96957,89557,992
Diluted58,03358,06758,05058,186
Comprehensive earnings (loss):    
Net income$ 64,516$ 57,355$ 183,812$ 149,285
Unrealized net gains (losses) on available-for-sale securities(235)(654)815(2,176)
Tax effect95173(105)576
Other comprehensive income (loss), net of tax(140)(481)710(1,600)
Comprehensive earnings (loss)64,37656,874184,522147,685
Recurring [Member]    
Revenues    
Total revenues394,522311,534838,943659,698
Implementation and Other [Member]    
Revenues    
Total revenues$ 6,617$ 5,390$ 13,833$ 10,745

PAYC Balance Sheet

2023-06-30
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:  
Cash and cash equivalents$ 536,545$ 400,730
Accounts receivable16,19322,843
Prepaid expenses43,09334,056
Inventory8741,607
Income tax receivable1,9385,583
Deferred contract costs107,05996,378
Current assets before funds held for clients705,702561,197
Funds held for clients2,002,4922,202,975
Total current assets2,708,1942,764,172
Property and equipment, net444,992402,448
Intangible assets, net52,06454,017
Goodwill51,88951,889
Long-term deferred contract costs623,751567,974
Other assets70,45162,013
Total assets3,951,3413,902,513
Current liabilities:  
Accounts payable8,48516,054
Accrued commissions and bonuses21,87928,439
Accrued payroll and vacation49,97745,023
Deferred revenue21,34319,825
Accrued expenses and other current liabilities78,88959,990
Current liabilities before client funds obligation180,573169,331
Client funds obligation2,006,1542,207,706
Total current liabilities2,186,7272,377,037
Deferred income tax liabilities, net142,956141,033
Long-term deferred revenue102,89097,591
Long-term debt29,00029,000
Other long-term liabilities83,08375,245
Total long-term liabilities357,929342,869
Total liabilities2,544,6562,719,906
Commitments and contingencies
Stockholders’ equity:  
Common stock, $0.01 par value (100,000 shares authorized, 62,640 and 62,518 shares issued at June 30, 2023 and December 31, 2022, respectively; 57,949 and 57,867 shares outstanding at June 30, 2023 and December 31, 2022, respectively)626625
Additional paid-in capital649,965576,622
Retained earnings1,358,0591,196,968
Accumulated other comprehensive earnings (loss)(2,993)(3,703)
Treasury stock, at cost (4,691 and 4,651 shares at June 30, 2023 and December 31, 2022, respectively)(598,972)(587,905)
Total stockholders’ equity1,406,6851,182,607
Total liabilities and stockholders’ equity$ 3,951,341$ 3,902,513
Chad R. Richison
5380
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. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking, and Microfence, a proprietary Bluetooth. Its HCM solution also offers payroll applications comprising better employee transaction interface, payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, position management, and Paycom learning and content subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, 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/benefits to carrier; COBRA administration; personnel action and performance discussion forms; surveys; and affordable care act applications, as well as Clue, which securely collect, track, and manage the vaccination and testing data of the workforce. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.