Paycom Software, Inc. Reports Third Quarter 2016 Results

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JPMorgan Downgrades Paycom Software (PAYC) to Neutral

November 2, 2016 6:49 AM EDT

JPMorgan downgraded Paycom Software (NYSE: PAYC) from Overweight to Neutral with a price target of $53 (unchanged).

For an analyst ratings summary and ratings history on Paycom Software click here. For more ratings news on Paycom Software click here.

Shares of Paycom Software closed at $52.00 yesterday.

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Paycom Software (PAYC) Tops Q3 EPS by 3c

November 1, 2016 4:28 PM EDT

Paycom Software (NYSE: PAYC) reported Q3 EPS of $0.15, $0.03 better than the analyst estimate of $0.12. Revenue for the quarter came in at $77.3 million versus the consensus estimate of $76.71 million.

GUIDANCE:

Paycom Software sees Q4 2016 revenue of $85-87 million, versus the consensus of... More