Paycom Software (PAYC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this maker of human-resources and payroll software have returned -3% over the past month versus the Zacks S&P 500 composite's +5.1% change. The Zacks Internet - Software industry, to which Paycom belongs, has gained 15.5% over this period. Now the key question is: Where could the stock be headed in ...

Paycom Software, Inc.’s (PAYC) total revenues for recently reported fourth-quarter 2023 results surged 19.4% year over year to $434.6 million and surpassed the Zacks Consensus Estimate of $422.6 million. The robust top-line performance was mainly driven by a 17.4% increase in Recurring revenues.Fourth-quarter Recurring revenues of $427.3 million represented 98.3% of total sales and came ahead of our model estimate of $414.8 million. The company’s sustained focus on expanding its product portfolio and global ...

Paycom Software (PAYC) ended 2023 on a strong note by delivering solid fourth-quarter 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 $1.93 per share in the fourth quarter, beating the Zacks Consensus Estimate of $1.78. The bottom line improved 11.56% from $1.73 per share reported in the year-ago quarter.In the fourth quarter of 2023, Paycom reported reven ...

Paycom Software (PAYC) came out with quarterly earnings of $1.93 per share, beating the Zacks Consensus Estimate of $1.78 per share. This compares to earnings of $1.73 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 8.43%. A quarter ago, it was expected that this maker of human-resources and payroll software would post earnings of $1.62 per share when it actually produced earnings of $1.77, delivering a surprise of 9.26%.Over ...

OKLAHOMA CITY--(BUSINESS WIRE)--Paycom Software, Inc. (NYSE:PAYC) (“Paycom”), a leading provider of comprehensive, cloud-based human capital management software, announced it will expand its product offerings and geographic reach into the United Kingdom. This latest inroad includes access to Beti®, an industry-first solution that empowers employees to do their own payroll. The U.K. launch will be Paycom’s first foray outside North America and the first new international market in 2024. This expansion fol ...

OKLAHOMA CITY--(BUSINESS WIRE)--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 March 18, 2024, to all stockholders of record as of the close of business on March 4, 2024. About Paycom For 25 years, Paycom Software, Inc. (NYSE:PAYC) has simplified businesses and the lives of their employees th ...

The market expects Paycom Software (PAYC) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 7, 2024, might help the stock move higher if these key numb ...

Paycom Software (PAYC) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this maker of human-resources and payroll software have returned -4.4%, compared to the Zacks S&P 500 composite's +3.3% change. During this period, the Zacks Internet - Software industry, which Paycom falls in, has gained 7.6%. The key question now is: What could b ...

OKLAHOMA CITY--(BUSINESS WIRE)--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 found ...

The most recent trading session ended with Paycom Software (PAYC) standing at $195.92, reflecting a +1.09% shift from the previouse trading day's closing. This change outpaced the S&P 500's 0.76% gain on the day. On the other hand, the Dow registered a gain of 0.59%, and the technology-centric Nasdaq increased by 1.12%.The maker of human-resources and payroll software's stock has dropped by 6.25% in the past month, falling short of the Computer and Technology sector's gain of 4.99% and the S&P 500's gain of ...