What Are Wall Street Analysts' Target Price for Paycom Software Stock?

With a market cap of $15 billion, Paycom Software, Inc. (PAYC) provides a cloud-based human capital management (HCM) software solution delivered as a service for small to mid-sized U.S. businesses. Its comprehensive HCM suite streamlines the entire employee lifecycle, from recruitment to retirement, through integrated tools for talent acquisition, payroll, time and labor management, HR administration, and workforce analytics.

Shares of the Oklahoma City, Oklahoma-based company have outperformed the broader market over the past 52 weeks. PAYC has climbed 42.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12%. Moreover, shares of Paycom Software are up 25.5% on a YTD basis, compared to SPX’s 1.1% gain.