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Paycom Software Inc has a consensus price target of $256.35 based on the ratings of 25 analysts. The high is $427 issued by Baird on August 2, 2023. The low is $160 issued by Stifel on November 1, 2023. The 3 most-recent analyst ratings were released by Mizuho, Citigroup, and Barclays on November 4, 2024, October 31, 2024, and October 31, 2024, respectively. With an average price target of $189 between Mizuho, Citigroup, and Barclays, there's an implied -17.94% downside for Paycom Software Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Paycom Software (NYSE:PAYC) was reported by Mizuho on November 4, 2024. The analyst firm set a price target for $190.00 expecting PAYC to fall to within 12 months (a possible -17.51% downside). 30 analyst firms have reported ratings in the last year.
The latest analyst rating for Paycom Software (NYSE:PAYC) was provided by Mizuho, and Paycom Software maintained their neutral rating.
The last upgrade for Paycom Software Inc happened on March 30, 2023 when DA Davidson raised their price target to $350. DA Davidson previously had a neutral for Paycom Software Inc.
The last downgrade for Paycom Software Inc happened on January 5, 2024 when Jefferies changed their price target from N/A to $195 for Paycom Software Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paycom Software, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paycom Software was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.
While ratings are subjective and will change, the latest Paycom Software (PAYC) rating was a maintained with a price target of $170.00 to $190.00. The current price Paycom Software (PAYC) is trading at is $230.32, which is out of the analyst’s predicted range.
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