Where does Wall Street think the shares of Paycom Software Inc (PAYC) will go?

Wall Street is positive on Paycom Software Inc (PAYC). On average, analysts give Paycom Software Inc a strong buy rating. The average price target is $ 534.785, which means analysts expect the stock to rise 50.07% over the next twelve months. This average ranking earns Paycom Software Inc an analyst rating of 40, which is better than 40% of stocks based on data compiled by Investors Observer.

Wall Street analysts rate PAYC as a strong buy today. Find out what this means to you and get the rest of the leaderboard on PAYC!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s balance sheet. This information allows investors to make decisions ahead of the curve.

Investors Observer combines the ratings of these analysts and ranks them in percentiles. This gives you the ability to compare stocks comprehensively as opposed to a standard buy / hold / sell valuation.

What is going on with Paycom Software Inc. Stock Today?

Paycom Software Inc (PAYC) stock fell -2.95% while the S&P 500 was up 0.3% at 11:28 a.m. on Wednesday, January 12. PAYC is down – $ 10.85 from the previous closing price of $ 367.20 on volume of 158,164 shares. . Over the past year, the S&P 500 has risen 24.36% while the PAYC has fallen -15.32%. PAYC has earned $ 2.95 per share over the past 12 months, giving it a price / earnings ratio of 121.01. Click here for the full report on Paycom Software Inc.

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