Q1 Earnings Forecast for Paycom Software Issued By KeyCorp

Paycom Software, Inc. (NYSE:PAYC) – Research analysts at KeyCorp issued their Q1 2025 EPS estimates for shares of Paycom Software in a research report issued on Sunday, March 9th. KeyCorp analyst J. Celino expects that the software maker will post earnings per share of $2.09 for the quarter. KeyCorp has a “Overweight” rating and a $245.00 price target on the stock. The consensus estimate for Paycom Software’s current full-year earnings is $7.15 per share. KeyCorp also issued estimates for Paycom Software’s Q2 2025 earnings at $1.23 EPS, Q3 2025 earnings at $1.35 EPS, Q4 2025 earnings at $1.93 EPS, FY2025 earnings at $6.60 EPS, Q1 2026 earnings at $2.37 EPS, Q2 2026 earnings at $1.41 EPS, Q3 2026 earnings at $1.54 EPS, Q4 2026 earnings at $2.18 EPS and FY2026 earnings at $7.51 EPS.

Other analysts have also issued research reports about the stock. TD Cowen lifted their price objective on shares of Paycom Software from $193.00 to $248.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Needham & Company LLC reiterated a “hold” rating on shares of Paycom Software in a research note on Thursday, February 13th. StockNews.com downgraded Paycom Software from a “buy” rating to a “hold” rating in a research report on Tuesday, March 4th. Piper Sandler upped their price target on Paycom Software from $191.00 to $224.00 and gave the company a “neutral” rating in a research report on Friday, February 14th. Finally, Citigroup lowered their price objective on Paycom Software from $234.00 to $221.00 and set a “neutral” rating on the stock in a research note on Thursday, January 16th. Twelve research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $212.80.

Paycom Software Stock Performance

Shares of NYSE:PAYC opened at $206.47 on Wednesday. The company has a market capitalization of $11.82 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 2.40 and a beta of 1.14. The company’s 50-day moving average is $208.92 and its 200 day moving average is $198.95. Paycom Software has a fifty-two week low of $139.50 and a fifty-two week high of $242.74.

Paycom Software (NYSE:PAYC) last released its earnings results on Wednesday, February 12th. The software maker reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.99 by $0.03. Paycom Software had a return on equity of 33.53% and a net margin of 26.66%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PAYC. Sylebra Capital LLC boosted its holdings in shares of Paycom Software by 63.8% in the 4th quarter. Sylebra Capital LLC now owns 3,215,085 shares of the software maker’s stock worth $658,996,000 after purchasing an additional 1,252,617 shares in the last quarter. FMR LLC lifted its position in Paycom Software by 137.8% in the fourth quarter. FMR LLC now owns 2,396,452 shares of the software maker’s stock valued at $491,201,000 after purchasing an additional 1,388,533 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Paycom Software by 6.3% during the fourth quarter. Geode Capital Management LLC now owns 1,516,768 shares of the software maker’s stock valued at $310,245,000 after purchasing an additional 89,848 shares during the period. Northern Trust Corp grew its holdings in shares of Paycom Software by 10.9% in the fourth quarter. Northern Trust Corp now owns 724,016 shares of the software maker’s stock worth $148,402,000 after purchasing an additional 70,897 shares during the last quarter. Finally, BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in shares of Paycom Software by 1.0% in the third quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 627,510 shares of the software maker’s stock worth $104,524,000 after buying an additional 6,488 shares during the period. 87.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Paycom Software

In other Paycom Software news, COO Randall Peck sold 3,600 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $212.19, for a total value of $763,884.00. Following the completion of the transaction, the chief operating officer now owns 50,665 shares of the company’s stock, valued at $10,750,606.35. The trade was a 6.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director J C. Watts, Jr. sold 500 shares of the firm’s stock in a transaction on Monday, February 24th. The shares were sold at an average price of $218.22, for a total transaction of $109,110.00. Following the sale, the director now owns 7,730 shares in the company, valued at approximately $1,686,840.60. This trade represents a 6.08 % decrease in their position. The disclosure for this sale can be found here. Insiders own 14.50% of the company’s stock.

Paycom Software Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, March 24th. Shareholders of record on Monday, March 10th will be issued a $0.375 dividend. This represents a $1.50 annualized dividend and a yield of 0.73%. The ex-dividend date is Monday, March 10th. Paycom Software’s payout ratio is 16.85%.

About Paycom Software

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.