On Tuesday, Paycom Software Inc (NYSE: PAYC) was 3.35% up from the session before settling in for the closing price of $211.46. A 52-week range for PAYC has been $139.50 – $222.30.
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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. When this article was written, the company’s average yearly earnings per share was at 1.36%. With a float of $50.77 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. In terms of profitability, gross margin is 82.15%, operating margin of 32.49%, and the pretax margin is 33.41%.
Paycom Software Inc (PAYC) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Paycom Software Inc stocks. The insider ownership of Paycom Software Inc is 11.94%, while institutional ownership is 82.04%. The most recent insider transaction that took place on Nov 04 ’24, was worth 412,927. In this transaction CEO, President and Chairman of this company sold 1,950 shares at a rate of $211.76, taking the stock ownership to the 2,745,060 shares. Before that another transaction happened on Nov 04 ’24, when Company’s CEO, President and Chairman sold 1,950 for $211.76, making the entire transaction worth $412,927. This insider now owns 3,440,899 shares in total.
Paycom Software Inc (PAYC) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around 1.36% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.23% 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
You can see what Paycom Software Inc (PAYC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.11. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.91. Likewise, its price to free cash flow for the trailing twelve months is 40.71.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 8.31, a number that is poised to hit 1.97 in the next quarter and is forecasted to reach 8.73 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 1.36 million. That was better than the volume of 0.82 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 85.30%. Additionally, its Average True Range was 7.53.
During the past 100 days, Paycom Software Inc’s (PAYC) raw stochastic average was set at 95.46%, which indicates a significant increase from 93.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 77.31% in the past 14 days, which was higher than the 41.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $169.61, while its 200-day Moving Average is $172.14. However, in the short run, Paycom Software Inc’s stock first resistance to watch stands at $221.90. Second resistance stands at $225.25. The third major resistance level sits at $231.47. If the price goes on to break the first support level at $212.33, it is likely to go to the next support level at $206.11. The third support level lies at $202.76 if the price breaches the second support level.
Paycom Software Inc (NYSE: PAYC) Key Stats
There are 57,432K outstanding shares of the company, which has a market capitalization of 12.60 billion. As of now, sales total 1,694 M while income totals 340,790 K. Its latest quarter income was 451,930 K while its last quarter net income were 73,280 K.
