The S&P 500 returned an average of 184% during past bull markets, and it realized those returns over roughly 64 months. If the current bull market aligns with the historical average, the index will advance 131% over the next 44 months. But even if those gains fail to materialize, investors have good reason to believe the stock market will soar in the long run. Shopify: A leader in retail e-commerce software that is gaining momentum in wholesale Notably, management said B2B gross merchandise volume rose 130% ...

While 11% revenue growth isn't terrible, it's a far cry from what Paycom investors are used to. Excluding the early pandemic when layoffs and furloughs were the norm, Paycom has historically managed a revenue growth rate of 30% or higher. This highly profitable software company is finally trading at an attractive valuation. Since the stock peaked in late 2021, payroll and human resources software provider Paycom (PAYC 1.02%) has been a disaster for investors. Shares are down a whopping 74% from that all-tim ...

Investors in Paycom Software, Inc. (PAYC) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $75 Call had some of the highest implied volatility of all equity options today. What do the Analysts Think? Clearly, options traders are pricing in a big move for Paycom Software shares, but what is the fundamental picture for the company? Currently, Paycom Software is a Zacks Rank #3 (Hold) in the Internet – Software industry that ranks in the Top ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission File Number: 001-36393 Paycom Software, Inc. (Exact name of registrant as specified in its charter) Delaware 80-0957485 (State o ...

Paycom Software (PAYC) reported first-quarter 2024 results, wherein both the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year.The online payroll and human resource technology provider reported non-GAAP earnings of $2.59 per share in the first quarter, beating the Zacks Consensus Estimate of $2.43. The bottom line improved 5.28% from $2.46 per share reported in the year-ago quarter.Paycom reported revenues of $499.9 million, beating the consensus mark of $495.9 million. ...

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 J ...

Exhibit 99.1 Paycom Software, Inc. Reports First Quarter 2024 Results First Quarter Revenues of $500 million, up 11% from the comparable prior year period First Quarter GAAP Net Income of $247 million, representing 49% of total revenues, or $4.37 per diluted share First Quarter Non-GAAP Net Income of $147 million, or $2.59 per diluted share First Quarter Adjusted EBITDA of $230 million, representing 46% of total revenues OKLAHOMA CITY – May 1, 2024 – (BUSINESS WIRE) – Paycom Software, Inc. ("Paycom," "we" a ...

The most recent trading session ended with Paycom Software (PAYC) standing at $198.28, reflecting a -0.37% shift from the previouse trading day's closing. This change lagged the S&P 500's daily loss of 0.2%. Meanwhile, the Dow lost 0.6%, and the Nasdaq, a tech-heavy index, added 0.11%.Prior to today's trading, shares of the maker of human-resources and payroll software had gained 7.72% over the past month. This has outpaced the Computer and Technology sector's gain of 2.99% and the S&P 500's gain of 3.32% i ...

The most recent trading session ended with Paycom Software (PAYC) standing at $191.34, reflecting a +0.93% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.89% for the day. On the other hand, the Dow registered a gain of 1.03%, and the technology-centric Nasdaq increased by 1.25%.Shares of the maker of human-resources and payroll software have depreciated by 0.25% over the course of the past month, underperforming the Computer and Technology sector ...

In the latest trading session, Paycom Software (PAYC) closed at $188.25, marking a +0.75% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.19%. Elsewhere, the Dow gained 0.1%, while the tech-heavy Nasdaq lost 0.54%.Heading into today, shares of the maker of human-resources and payroll software had lost 0.07% over the past month, lagging the Computer and Technology sector's gain of 2.36% and the S&P 500's gain of 3.18% in that time.The investment community will be pa ...