Paycom Software, Inc. Reports Third Quarter 2017 Results

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Go back to Paycom Software, Inc. Reports Third Quarter 2017 Results

Paycom Software (PAYC) PT Raised to $88 at Oppenheimer Following 3Q Report

November 1, 2017 11:28 AM EDT

Oppenheimer raised its price target on Paycom Software (NYSE: PAYC) to $88.00 (from $75.00) while maintaining a Outperform rating following the company's 3Q earnings report. Total revenue of $101.3M (+31% y/y) was ~$800K above the consensus estimate; adj. EBITDA of $30.7M (+69% y/y) was ~$8M... More

Paycom Software (PAYC) PT Raised to $95 at Jefferies Following Solid 3Q

November 1, 2017 8:43 AM EDT

Jefferies raised its price target on Paycom Software (NYSE: PAYC) to $95.00 (from $85.00) while maintaining a Buy rating following the company's 3Q earnings report. Total revenues of $101.3M, adjusted EBITDA of $30.7M, and non-GAAP EPS of $0.26 exceeded Street estimates of $100.5M, $22.8M, and... More