Zacks Research Forecasts Weaker Earnings for Paycom Software

Paycom Software, Inc. (NYSE:PAYC) – Equities researchers at Zacks Research lowered their Q2 2026 earnings per share (EPS) estimates for shares of Paycom Software in a research report issued on Friday, October 25th. Zacks Research analyst R. Department now anticipates that the software maker will earn $1.75 per share for the quarter, down from their prior forecast of $1.79. The consensus estimate for Paycom Software’s current full-year earnings is $6.67 per share. Zacks Research also issued estimates for Paycom Software’s Q3 2026 earnings at $1.86 EPS.

Paycom Software (NYSE:PAYC) last released its quarterly earnings results on Wednesday, July 31st. The software maker reported $1.20 EPS for the quarter, beating the consensus estimate of $1.13 by $0.07. Paycom Software had a net margin of 26.55% and a return on equity of 33.36%. The business had revenue of $437.51 million during the quarter, compared to analyst estimates of $436.19 million.

Several other research analysts have also issued reports on PAYC. Barclays upped their target price on Paycom Software from $167.00 to $172.00 and gave the company an “equal weight” rating in a research report on Friday, October 11th. StockNews.com lowered shares of Paycom Software from a “buy” rating to a “hold” rating in a research report on Monday, July 15th. Jefferies Financial Group lifted their target price on shares of Paycom Software from $155.00 to $170.00 and gave the stock a “hold” rating in a research note on Tuesday, October 22nd. TD Cowen upped their price target on shares of Paycom Software from $171.00 to $188.00 and gave the company a “hold” rating in a research note on Monday, September 23rd. Finally, Needham & Company LLC reiterated a “hold” rating on shares of Paycom Software in a research note on Thursday, August 1st. Seventeen investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $182.25.

Paycom Software Stock Down 0.3 %

NYSE:PAYC opened at $164.63 on Monday. The stock has a market capitalization of $9.45 billion, a price-to-earnings ratio of 19.83, a PEG ratio of 2.35 and a beta of 1.17. Paycom Software has a 52 week low of $139.50 and a 52 week high of $253.33. The firm has a 50 day moving average of $165.06 and a 200 day moving average of $163.60.

Insider Activity at Paycom Software

In related news, insider Bradley Scott Smith sold 1,524 shares of Paycom Software stock in a transaction that occurred on Thursday, August 8th. The shares were sold at an average price of $157.62, for a total value of $240,212.88. Following the completion of the transaction, the insider now owns 14,769 shares in the company, valued at approximately $2,327,889.78. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, CEO Chad R. Richison sold 1,950 shares of the firm’s stock in a transaction that occurred on Monday, September 23rd. The shares were sold at an average price of $171.30, for a total transaction of $334,035.00. Following the transaction, the chief executive officer now directly owns 2,805,060 shares in the company, valued at approximately $480,506,778. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Bradley Scott Smith sold 1,524 shares of the business’s stock in a transaction dated Thursday, August 8th. The shares were sold at an average price of $157.62, for a total value of $240,212.88. Following the completion of the transaction, the insider now owns 14,769 shares in the company, valued at $2,327,889.78. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 69,956 shares of company stock worth $11,394,014. Insiders own 14.50% of the company’s stock.

Institutional Trading of Paycom Software

Several hedge funds have recently modified their holdings of PAYC. Mitsubishi UFJ Asset Management Co. Ltd. grew its holdings in shares of Paycom Software by 29.4% during the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 64,560 shares of the software maker’s stock worth $12,848,000 after buying an additional 14,670 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Paycom Software by 17.7% during the first quarter. Janney Montgomery Scott LLC now owns 59,242 shares of the software maker’s stock worth $11,790,000 after acquiring an additional 8,927 shares during the last quarter. Sylebra Capital LLC purchased a new stake in Paycom Software during the first quarter worth approximately $253,196,000. Profund Advisors LLC purchased a new stake in Paycom Software during the 2nd quarter worth $589,000. Finally, BOKF NA boosted its holdings in Paycom Software by 453.0% in the 1st quarter. BOKF NA now owns 9,219 shares of the software maker’s stock worth $1,828,000 after acquiring an additional 7,552 shares during the period. 87.77% of the stock is owned by institutional investors and hedge funds.

Paycom Software Company Profile

Paycom Software, Inc provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement.