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

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Analyst price target for PAYC

Based on 14 analysts offering 12 month price targets for Paycom Software Inc.
Min Forecast
$335.00+2.42%
Avg Forecast
$388.93+18.9%
Max Forecast
$450.00+37.57%

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
4 analysts 28.57%
Hold
5 analysts 35.71%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PAYC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Wolfe Research
Top 3%
98
BuyMaintains$410.00+25.34%2022-11-02
Citigroup
Bottom 17%
17
Strong BuyMaintains$400.00+22.29%2022-11-02
Credit Suisse
Bottom 6%
6
BuyMaintains$430.00+31.46%2022-11-02
Piper Sandler
Bottom 1%
1
Strong BuyMaintains$395.00+20.76%2022-11-02
Barclays
Bottom 19%
19
HoldMaintains$343.00+4.86%2022-10-18
KeyBanc
Bottom 4%
4
Strong BuyMaintains$432.00+32.07%2022-08-15
Oppenheimer
Bottom 9%
9
BuyMaintains$375.00+14.64%2022-08-03
DA Davidson
Bottom 13%
13
HoldDowngrades$360.00+10.06%2022-07-25
Jefferies
Bottom 7%
7
Strong BuyMaintains$335.00+2.42%2022-05-23
Mizuho
Bottom 4%
4
HoldMaintains$350.00+7.00%2022-02-09

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Forecast return on equity

Is PAYC forecast to generate an efficient return?
Company
N/A
Industry
19.52%
Market
66.85%

Forecast return on assets

Is PAYC forecast to generate an efficient return on assets?
Company
N/A
Industry
5.74%

PAYC earnings per share forecast

What is PAYC's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$4.48+3.94%
Avg 2 year Forecast
$5.72+32.71%
Avg 3 year Forecast
$7.15+65.89%
PAYC's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PAYC revenue forecast

What is PAYC's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.4B+5.09%
Avg 2 year Forecast
$1.7B+29.12%
Avg 3 year Forecast
$2.0B+58.28%
PAYC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PAYC earnings growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
17.91%
Industry
23.94%
Market
16.47%
PAYC's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
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Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

PAYC revenue growth forecast

How is PAYC forecast to perform vs Software - Application companies and vs the US market?
Company
16.1%
Industry
14.44%
Market
6.76%
PAYC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PAYC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PAYC vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PAYC$327.10$388.93+18.90%Buy
ANSS$246.44$279.00+13.21%Hold
AZPN$243.68$221.00-9.31%Buy
DDOG$74.84$128.50+71.70%Strong Buy
TTD$49.39$72.80+47.40%Buy

Paycom Software Stock Forecast FAQ

Is Paycom Software Stock a good buy in 2022, 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, 4 (28.57%) are recommending PAYC as a Buy, 5 (35.71%) are recommending PAYC as a Hold, 0 (0%) are recommending PAYC as a Sell, and 0 (0%) are recommending PAYC as a Strong Sell.

If you're new to stock investing, here's how to buy Paycom Software stock.

What is PAYC's earnings growth forecast for 2022-2024?

(NYSE: PAYC) Paycom Software's forecast annual earnings growth rate of 17.91% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 23.94%, and while it is forecast to beat the US market's average forecast earnings growth rate of 16.47%.

Paycom Software's earnings in 2022 is $250,125,000.On average, 8 Wall Street analysts forecast PAYC's earnings for 2022 to be $268,891,253, with the lowest PAYC earnings forecast at $262,889,216, and the highest PAYC earnings forecast at $273,692,883. On average, 8 Wall Street analysts forecast PAYC's earnings for 2023 to be $343,316,511, with the lowest PAYC earnings forecast at $336,714,270, and the highest PAYC earnings forecast at $350,518,955.

In 2024, PAYC is forecast to generate $429,145,638 in earnings, with the lowest earnings forecast at $426,144,620 and the highest earnings forecast at $432,146,657.

What is PAYC's revenue growth forecast for 2022-2024?

(NYSE: PAYC) Paycom Software's forecast annual revenue growth rate of 16.1% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14.44%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 6.76%.

Paycom Software's revenue in 2022 is $1,289,596,000.On average, 8 Wall Street analysts forecast PAYC's revenue for 2022 to be $81,344,825,841, with the lowest PAYC revenue forecast at $81,319,797,347, and the highest PAYC revenue forecast at $81,373,215,475. On average, 8 Wall Street analysts forecast PAYC's revenue for 2023 to be $99,938,776,035, with the lowest PAYC revenue forecast at $98,713,700,283, and the highest PAYC revenue forecast at $100,753,792,626.

In 2024, PAYC is forecast to generate $122,511,776,592 in revenue, with the lowest revenue forecast at $122,171,461,100 and the highest revenue forecast at $122,784,269,067.

What is PAYC's forecast return on assets (ROA) for 2022-2025?

(NYSE: PAYC) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 5.74%.

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 $388.93, with the highest PAYC stock price forecast at $450.00 and the lowest PAYC stock price forecast at $335.00.

On average, Wall Street analysts predict that Paycom Software's share price could reach $388.93 by Nov 2, 2023. The average Paycom Software stock price prediction forecasts a potential upside of 18.9% from the current PAYC share price of $327.10.

What is PAYC's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: PAYC) Paycom Software's current Earnings Per Share (EPS) is $4.31. On average, analysts forecast that PAYC's EPS will be $4.48 for 2022, with the lowest EPS forecast at $4.38, and the highest EPS forecast at $4.56. On average, analysts forecast that PAYC's EPS will be $5.72 for 2023, with the lowest EPS forecast at $5.61, and the highest EPS forecast at $5.84. In 2024, PAYC's EPS is forecast to hit $7.15 (min: $7.10, max: $7.20).

What is PAYC's forecast return on equity (ROE) for 2022-2025?

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