Paycom Software Inc
PAYC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|RY | LOCK|bP< | LOCK|myrFXt |
Limited Up-Market Momentum and Growing Pricing Pressure Have Slowed Paycom’s Growth
Business Strategy and Outlook
Paycom provides payroll and human capital management, or HCM, solutions. Although the firm targets customers with 50-10,000 employees, an average customer size of approximately 360 employees on a parent-company-group basis suggests a primarily midmarket presence.
