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Paycom Software Inc PAYC Stock Quote

Morningstar Rating
| Rating as of

NYSE: PAYC

Show Full Chart
After hours: 259.00 0.50 | 0.19 %

| Currency in USD

  • Last Close 257.16
  • Sector Technology
  • Industry Software - Application
  • Investment Style Mid Growth
  • Day Range 255.20  –  259.42
  • Year Range 255.20  –  374.04
  • Market Cap 14.9694 Bil
  • Volume / Avg 485,768.0 /  536,379.1
  • Price / Sales 9.59
  • Price / Book 10.59
  • Forward Div Yield 0.48%
  • Trailing Div Yield 0.29%

Morningstar‘s Stock Analysis PAYC

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Paycom Benefits From Sticky Customers That Underpin Our Narrow Moat Rating

Emma Williams Equity Analyst

Business Strategy and Outlook

| Emma Williams |

Paycom's unified platform appeals to midsize and enterprise clients that prefer an all-in-one payroll and human capital management, or HCM, solution. The company's platform is supported by a single database, which provides a single source of truth and allows efficient software development and maintenance. Unlike competitors, Paycom discourages data integrations to third-party providers but instead incentivizes clients to contain their HCM solutions within its unified platform by offering add-on modules, including time and attendance and benefits administration. In practice, new clients may consolidate their payroll and HCM solutions from multiple providers to an all-in-one solution by Paycom. The company is squarely focused on driving greater automation and employee self-service, supported by complementary analytics tools for clients and the rollout of its self-service payroll module Better Employee Transaction Interface, or Beti.

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Key Statistics PAYC

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Company Profile PAYC

Business Description

Paycom is a fast-growing provider of payroll and human capital management, or HCM, software primarily targeting clients with 50-10,000 employees in the United States. Paycom was established in 1998 and services about 19,000 clients as of 2022, based on parent company grouping. Alongside its core payroll software, Paycom offers various HCM add-on modules, including time and attendance, talent management, and benefits administration.

Contact
7501 W. Memorial Road
Oklahoma, OK, 73142
Sector Technology
Industry Software - Application
Employees 6,349

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Related News PAYC

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Competitors & Peers PAYC

More on PAYC’s Competitors & Peers

Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of PAYC’s competitive advantage.

Paycom Software Inc

XNYS: PAYC

Automatic Data Processing Inc

XNAS: ADP

Paychex Inc

XNAS: PAYX

Paylocity Holding Corp

XNAS: PCTY
Price
258.32240.02114.35178.35
Currency
USDUSDUSDUSD
Change
+$1.16 (0.45%) +$0.67 (0.28%) +$1.40 (1.24%) +$1.47 (0.83%)
Market Cap
14.97 Bil98.89 Bil41.28 Bil9.97 Bil
Industry
Software - Application Staffing & Employment Services Staffing & Employment Services Software - Application
Sector
Technology
Industrials
Industrials
Technology

* Trading data in this section is delayed by at least 15 minutes.

FAQs for Paycom Software Inc Stock

Yes. PAYC has a forward dividend yield of 0.58%. See PAYC’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PAYC’s market cap is 14.97 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PAYC’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PAYC’s price/sales is 9.59.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PAYC’s price/forward earnings is 47.19.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PAYC’s price/book is 10.59.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PAYC’s valuation ratios compared to the Market Index.

PAYC’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PAYC’s historical performance against its industry peers and the overall market.