Paycom Software Inc (NYSE: PAYC) on Tuesday, soared 1.91% from the previous trading day, before settling in for the closing price of $153.71. Within the past 52 weeks, PAYC’s price has moved between $139.50 and $299.00.
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A company in the Technology sector has jumped its sales by 24.64% annually for the last half of the decade. The company achieved an average annual earnings per share of 0.29%. With a float of $50.30 million, this company’s outstanding shares have now reached $56.53 million.
In an organization with 7308 employees, it is important to assess its efficiency.
Paycom Software Inc (PAYC) Insider and Institutional Ownership
Observing investor behavior towards Software – Application industry stocks is more important than anything else. The insider ownership of Paycom Software Inc is 12.42%, while institutional ownership is 81.81%. The most recent insider transaction that took place on Aug 12 ’24, was worth 1,877,831. Before that another transaction happened on Aug 12 ’24, when Company’s CEO, President and Chairman sold 1,950 for $155.63, making the entire transaction worth $303,469. This insider now owns 2,978,858 shares in total.
Paycom Software Inc (PAYC) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.95 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.29% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.54% during the next five years compared to 20.26% growth over the previous five years of trading.
Paycom Software Inc (NYSE: PAYC) Trading Performance Indicators
Paycom Software Inc (PAYC) is currently performing well based on its current performance indicators. A quick ratio of 1.07 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.06. Likewise, its price to free cash flow for the trailing twelve months is 28.90.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.29, a number that is poised to hit 1.61 in the next quarter and is forecasted to reach 8.72 in one year’s time.
Technical Analysis of Paycom Software Inc (PAYC)
Let’s dig in a bit further. During the last 5-days, its volume was 0.64 million. That was inferior than the volume of 0.86 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.73%. Additionally, its Average True Range was 6.05.
During the past 100 days, Paycom Software Inc’s (PAYC) raw stochastic average was set at 25.04%, which indicates a significant increase from 15.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.53% in the past 14 days, which was lower than the 37.10% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $150.88, while its 200-day Moving Average is $179.08. However, in the short run, Paycom Software Inc’s stock first resistance to watch stands at $158.54. Second resistance stands at $160.43. The third major resistance level sits at $163.47. If the price goes on to break the first support level at $153.61, it is likely to go to the next support level at $150.56. The third support level lies at $148.67 if the price breaches the second support level.
Paycom Software Inc (NYSE: PAYC) Key Stats
Market capitalization of the company is 9.00 billion based on 58,110K outstanding shares. Right now, sales total 1,694 M and income totals 340,790 K. The company made 437,510 K in profit during its latest quarter, and 67,970 K in sales during its previous quarter.
