Paycom Software, Inc. Reports Third Quarter 2021 Results

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Paycom Software (PAYC) PT Raised to $640 at Needham & Company

November 3, 2021 7:02 AM EDT

Needham & Company analyst Ryan MacDonald raised the price target on Paycom Software (NYSE: PAYC) to $640.00 (from $495.00) while maintaining a Buy rating.

The analyst commented, "We reiterate our Buy rating, while raising our PT to $640, on PAYC following the company's strong 3Q21 results.... More

Paycom Software (PAYC) Tops Q3 EPS by 2c

November 2, 2021 4:17 PM EDT

Paycom Software (NYSE: PAYC) reported Q3 EPS of $0.92, $0.02 better than the analyst estimate of $0.90. Revenue for the quarter came in at $256.2 million versus the consensus estimate of $250.07 million.

GUIDANCE:

Paycom Software sees Q4 2021 revenue of $274.5-276.5 million, versus the consensus of... More