On Nov 01, major Wall Street analysts update their ratings for $Paycom Software (PAYC.US)$, with price targets ranging from $175 to $220.
BofA Securities analyst Michael Funk initiates coverage with a hold rating, and sets the target price at $220.
Citi analyst Steve Enders maintains with a hold rating, and adjusts the target price from $172 to $196.
Barclays analyst Raimo Lenschow maintains with a hold rating, and adjusts the target price from $172 to $181.
Jefferies analyst Samad Samana maintains with a hold rating, and adjusts the target price from $170 to $175.
TD Cowen analyst Jared Levine maintains with a hold rating, and adjusts the target price from $188 to $180.
Furthermore, according to the comprehensive report, the opinions of $Paycom Software (PAYC.US)$'s main analysts recently are as follows:
The company delivered a strong performance in the third quarter, with sales momentum maintaining its uptrend beyond September. Despite this positive trend, a cautious stance is being maintained pending greater confidence in the trajectory of future estimates, considering the possibility of further revisions extending into 2025.
Paycom's recent quarter saw revenue growth exceeding expectations at 11%, a figure surpassing relatively modest forecasts. The company's performance in terms of revenue was consistent with that of its industry counterparts, and its EBITDA notably outperformed, according to an analyst.
Paycom surpassed expectations for total revenue and EBITDA. Despite the Q4 revenue outlook's midpoint not meeting consensus, investor discussions implied a readiness for this outcome, as noted in a post-earnings commentary.
Here are the latest investment ratings and price targets for $Paycom Software (PAYC.US)$ from 12 analysts:
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美東時間11月1日，多家華爾街大行更新了$Paycom Software (PAYC.US)$的評級，目標價介於175美元至220美元。
美銀證券分析師Michael Funk首次給予持有評級，目標價220美元。
花旗分析師Steve Enders維持持有評級，並將目標價從172美元上調至196美元。
巴克萊銀行分析師Raimo Lenschow維持持有評級，並將目標價從172美元上調至181美元。
富瑞集團分析師Samad Samana維持持有評級，並將目標價從170美元上調至175美元。
TD Cowen分析師Jared Levine維持持有評級，並將目標價從188美元下調至180美元。
此外，綜合報道，$Paycom Software (PAYC.US)$近期主要分析師觀點如下：
公司在第三季度表現出色，銷售勢頭保持上升勢頭，超越9月份。儘管這一積極趨勢，但在對未來預期軌跡更大的信心之前，仍持謹慎態度，考慮到未來修訂的可能性延伸至2025年。
Paycom最近一個季度的營業收入增長超出預期的11%，這個數字超過了相對較爲溫和的預測。就營業收入而言，公司的表現與行業同行相一致，其EBITDA顯著優於其他公司，根據分析師的說法。
Paycom的總營業收入和EBITDA超出預期。儘管第四季度營收前景的中點未能達到共識，但投資者討論表明他們對此結果已做好準備，正如一篇發帖後收益評論所述。
以下爲今日12位分析師對$Paycom Software (PAYC.US)$的最新投資評級及目標價：
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