Paycom Software: It Might Pay To Be Patient

(8min)

Summary

  • Paycom Software Inc. operates in the highly competitive payroll and human capital management corner of the market but has a CAGR since inception of more than 27%.
  • The company has strong financial metrics, with its gross profit margin well-above 80%.
  • Paycom appears undervalued, rated as a Strong Buy with a long-term expected return of 14.50%, despite recent stock struggles.

Pay Day Ahead Road Sign

JamesBrey

Company Description

Paycom Software Inc. (NYSE:PAYC) operates in the highly competitive payroll and human capital management area of the market. The company offers customers a comprehensive suite of services designed to make the whole HR and Payroll experience

This article was written by

I have a masters degree in Analytics from Northwestern University and a bachelors degree in Accounting. I have worked in the investment arena for over 10 years starting as an analyst and working my way up to a management role. Dividend investing is a personal hobby and I look forward to sharing my thoughts with the Seeking Alpha community.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in PAYC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About PAYC Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on PAYC

Related Stocks

SymbolLast Price% Chg
PAYC
--