kicked off on Tuesday, with Paycom Software Inc (NYSE: PAYC) stock price down -2.24% from the previous day of trading, before settling in for the closing price of $163.61. PAYC’s price has ranged from $139.50 to $279.96 over the past 52 weeks.
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Annual sales at Technology sector company grew by 24.64% over the past five years. Meanwhile, its annual earnings per share averaged 0.31%. With a float of $50.49 million, this company’s outstanding shares have now reached $56.53 million.
Let’s look at the performance matrix of the company that is accounted for 7308 employees. In terms of profitability, gross margin is 78.97%, operating margin of 32.87%, and the pretax margin is 33.92%.
Paycom Software Inc (PAYC) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Paycom Software Inc is 12.08%, while institutional ownership is 82.24%. The most recent insider transaction that took place on Oct 07 ’24, was worth 322,352. In this transaction CEO, President and Chairman of this company sold 1,950 shares at a rate of $165.31, taking the stock ownership to the 2,785,560 shares. Before that another transaction happened on Oct 07 ’24, when Company’s CEO, President and Chairman sold 1,950 for $165.31, making the entire transaction worth $322,352. This insider now owns 3,479,899 shares in total.
Paycom Software Inc (PAYC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 0.31% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.41% 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
Here are Paycom Software Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.17. Likewise, its price to free cash flow for the trailing twelve months is 29.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.29, a number that is poised to hit 1.62 in the next quarter and is forecasted to reach 8.72 in one year’s time.
Technical Analysis of Paycom Software Inc (PAYC)
Paycom Software Inc (NYSE: PAYC) saw its 5-day average volume 0.4 million, a negative change from its year-to-date volume of 0.83 million. As of the previous 9 days, the stock’s Stochastic %D was 36.71%. Additionally, its Average True Range was 4.44.
During the past 100 days, Paycom Software Inc’s (PAYC) raw stochastic average was set at 47.55%, which indicates a significant increase from 11.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.37% in the past 14 days, which was lower than the 32.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $163.66, while its 200-day Moving Average is $174.69. Nevertheless, the first resistance level for the watch stands at $163.02 in the near term. At $166.10, the stock is likely to face the second major resistance level. The third major resistance level sits at $167.70. If the price goes on to break the first support level at $158.34, it is likely to go to the next support level at $156.74. The third support level lies at $153.66 if the price breaches the second support level.
Paycom Software Inc (NYSE: PAYC) Key Stats
With a market capitalization of 9.19 billion, the company has a total of 58,110K Shares Outstanding. Currently, annual sales are 1,694 M while annual income is 340,790 K. The company’s previous quarter sales were 437,510 K while its latest quarter income was 67,970 K.
