The Latest Breaking News from Paycom Software

Curious which S&P 500 stocks might benefit from the Federal Reserve's biggest rate hike in decades? Well, the market just told you.

Analysts reiterated their ratings on Paycom Software, Inc (NYSE:PAYC) post Q1 results. Needham analyst Ryan MacDonald reiterated the Buy rating and $450 price target on Paycom Software following the company's stellar start to FY22, in which revenue and adjusted EBITDA exceeded consensus expectations.  PAYC put up a sizeable 1Q22 beat and raise driven by solid sales…

Paycom Software (NYSE:PAYC) reported its Q1 earnings results on Tuesday, May 3, 2022 at 04:05 PM. Here's what investors need to know about the announcement. Earnings Paycom Software beat estimated earnings by 8.57%, reporting an EPS of $1.9 versus an estimate of $1.75.

Within the last quarter, Paycom Software (NYSE:PAYC) has observed the following analyst ratings:

Paycom Software Inc (NYSE: PAYC) is poised to benefit from the increasing use of technology-driven employee benefit consumption, according to Credit Suisse.

Upgrades For E2open Parent Holdings Inc (NYSE:ETWO), Colliers Securities upgraded the previous rating of Neutral to Buy. At the moment, the stock has a 52-week-high of $14.58 and a 52-week-low of $7.66. E2open Parent Holdings closed at $9.37 at the end of the last trading period.

Paycom Software (NYSE:PAYC) reported its Q4 earnings results on Tuesday, February 8, 2022 at 04:05 PM. Here's what investors need to know about the announcement.

Over the past 3 months, 7 analysts have published their opinion on Paycom Software (NYSE:PAYC) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

If history is any guide, there may be trouble ahead for shares of Paycom Software (NYSE:PAYC). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock.