Paycom Software, Inc. Reports Fourth Quarter and Year-End 2021 Results

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Paycom Software (PAYC) PT Lowered to $450 at Needham & Company

February 9, 2022 6:31 AM EST

Needham & Company analyst Ryan MacDonald lowered the price target on Paycom Software (NYSE: PAYC) to $450.00 (from $640.00) while maintaining a Buy rating.

The analyst commented, "Paycom (PAYC) reported strong 4Q21 results to close FY21, and we believe opening 5 new sales offices since Sept. 2021 highlights... More

Paycom Software (PAYC) Tops Q4 EPS by 3c

February 8, 2022 4:06 PM EST

Paycom Software (NYSE: PAYC) reported Q4 EPS of $1.11, $0.03 better than the analyst estimate of $1.08. Revenue for the quarter came in at $285 million versus the consensus estimate of $275.18 million.

GUIDANCE:

Paycom Software sees Q1 2022 revenue of $342-344 million, versus the consensus of... More