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NYSE: PAYC
Paycom Software Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for PAYC

Based on 14 analysts offering 12 month price targets for Paycom Software Inc.
Min Forecast
$290.00-38.95%
Avg Forecast
$443.36-6.66%
Max Forecast
$500.00+5.26%

Should I buy or sell PAYC stock?

Based on 14 analysts offering ratings for Paycom Software Inc.
Buy
Strong Buy
5 analysts 35.71%
Buy
5 analysts 35.71%
Hold
3 analysts 21.43%
Sell
1 analysts 7.14%
Strong Sell
0 analysts 0%

PAYC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDate
Oppenheimer
Top 7%
94
BuyMaintains$500.00+5.26%2021-08-04
Mizuho
Top 13%
88
HoldMaintains$400.00-15.79%2021-08-04
Needham
Top 2%
99
BuyMaintains$495.00+4.21%2021-08-04
Wolfe Research
Top 1%
100
BuyMaintains$450.00-5.26%2021-08-04
Piper Sandler
Top 9%
92
Strong BuyMaintains$472.00-0.63%2021-08-04
Anonymous
KeyBanc
Strong BuyMaintains$475.000.00%2021-05-05
Barclays
Top 1%
100
HoldMaintains$425.00-10.53%2021-04-09
Jefferies
Top 46%
55
Strong BuyUpgrades$470.00-1.05%2021-03-05
Cowen & Co.
Top 10%
91
BuyMaintains$475.000.00%2021-02-11
RBC Capital
Top 2%
99
BuyMaintains$470.00-1.05%2021-02-11

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Forecast return on equity

Is PAYC forecast to generate an efficient return?
Company
41.04%
Industry
-4.26%
Market
60.49%

Forecast return on assets

Is PAYC forecast to generate an efficient return on assets?
Company
10.06%
Industry
3.45%
Market
16.9%

PAYC earnings per share forecast

What is PAYC's earnings per share in the next 3 years based on estimates from 4 analysts?
Avg 1 year Forecast
$3.16+8.05%
Avg 2 year Forecast
$4.24+45.12%
Avg 3 year Forecast
$5.41+85.27%
PAYC's earnings are forecast to grow at an exceptional rate of 22.52% per year
Forecast

PAYC revenue forecast

What is PAYC's revenue in the next 3 years based on estimates from 7 analysts?
Avg 1 year Forecast
$1.0B+11.35%
Avg 2 year Forecast
$1.3B+38.21%
Avg 3 year Forecast
$1.6B+69.07%
PAYC's revenue is forecast to grow at a rate of 18.83% per year, which is not exceptional
Forecast

PAYC earnings growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
22.52%
Industry
2.82%
Market
18.84%
PAYC's earnings are forecast to grow faster (22.52% per year) than the US Software - Application industry average (2.82%)
Forecast
PAYC's earnings are forecast to grow faster (22.52% per year) than the US market average (18.84%)
Forecast
PAYC's earnings are forecast to grow faster (22.52% per year) than the risk-free savings rate (1.3%)
Forecast

PAYC revenue growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
18.83%
Industry
18.07%
Market
12.2%
PAYC's revenues are forecast to grow faster (18.83% per year) than the US Software - Application industry average (18.07%)
Forecast
PAYC's revenues are forecast to grow faster (18.83% per year) than the US market average (12.2%)
Forecast

Paycom Software Stock Forecast FAQ

Is Paycom Software Stock a good buy in 2021, according to Wall Street analysts?

The consensus among 14 Wall Street analysts covering (NYSE: PAYC) stock is to Buy PAYC stock.

Out of 14 analysts, 5 (35.71%) are recommending PAYC as a Strong Buy, 5 (35.71%) are recommending PAYC as a Buy, 3 (21.43%) are recommending PAYC as a Hold, 1 (7.14%) are recommending PAYC as a Sell, and 0 (0%) are recommending PAYC as a Strong Sell.

What is PAYC's earnings growth forecast for 2021-2023?

(NYSE: PAYC) Paycom Software's forecast annual earnings growth rate of 22.52% is forecast to beat the US Software - Application industry's average forecast earnings growth rate of 2.82%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 18.84%.

Paycom Software's earnings in 2021 is $168,743,000.On average, 4 Wall Street analysts forecast PAYC's earnings for 2021 to be $189,597,813, with the lowest PAYC earnings forecast at $185,691,677, and the highest PAYC earnings forecast at $191,701,117. On average, 4 Wall Street analysts forecast PAYC's earnings for 2022 to be $254,649,995, with the lowest PAYC earnings forecast at $248,189,847, and the highest PAYC earnings forecast at $266,819,109.

In 2023, PAYC is forecast to generate $325,110,672 in earnings, with the lowest earnings forecast at $325,110,672 and the highest earnings forecast at $325,110,672.

What is PAYC's revenue growth forecast for 2021-2023?

(NYSE: PAYC) Paycom Software's forecast annual revenue growth rate of 18.83% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 18.07%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 12.2%.

Paycom Software's revenue in 2021 is $931,823,000.On average, 7 Wall Street analysts forecast PAYC's revenue for 2021 to be $62,354,423,970, with the lowest PAYC revenue forecast at $62,309,353,174, and the highest PAYC revenue forecast at $62,438,075,366. On average, 7 Wall Street analysts forecast PAYC's revenue for 2022 to be $77,392,745,596, with the lowest PAYC revenue forecast at $76,320,781,796, and the highest PAYC revenue forecast at $78,693,007,999.

In 2023, PAYC is forecast to generate $94,677,275,482 in revenue, with the lowest revenue forecast at $93,640,887,563 and the highest revenue forecast at $96,042,860,491.

What is PAYC's forecast return on assets (ROA) for 2021-2024?

(NYSE: PAYC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 4.95%.

What is PAYC's Price Target?

According to 14 Wall Street analysts that have issued a 1 year PAYC price target, the average PAYC price target is $443.36, with the highest PAYC stock price forecast at $500.00 and the lowest PAYC stock price forecast at $290.00.

On average, Wall Street analysts predict that Paycom Software's share price could stay at $443.36 by Aug 4, 2022. The average Paycom Software stock price prediction forecasts a potential downside of N/A from the current PAYC share price of $475.00.

What is PAYC's Earnings Per Share (EPS) forecast for 2021-2023?

(NYSE: PAYC) Paycom Software's current Earnings Per Share (EPS) is $2.92. On average, analysts forecast that PAYC's EPS will be $3.16 for 2021, with the lowest EPS forecast at $3.09, and the highest EPS forecast at $3.19. On average, analysts forecast that PAYC's EPS will be $4.24 for 2022, with the lowest EPS forecast at $4.13, and the highest EPS forecast at $4.44. In 2023, PAYC's EPS is forecast to hit $5.41 (min: $5.41, max: $5.41).

What is PAYC's forecast return on equity (ROE) for 2021-2024?

(NYSE: PAYC) forecast ROE is N/A, which is considered weak.
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