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A report released today by Northland Capital about Paycom Software (NYSE:PAYC) ups the target price to $85.00

Yesterday Paycom Software (NYSE:PAYC) traded -0.67% lower at $74.82. The company’s 50-day moving average is $72.34 and its 200-day moving average is $65.84. The last closing price is up 12.88% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time period. 45,686 shares of the stock traded hands, down from an average trading volume of 496,575

In a report released on 09/21/2017 Northland Capital increased the stock price target of Paycom Software (NYSE:PAYC) to $85.00 indicating a possible upside of 0.14%.

Previously on 8/02/2017, RBC Capital Markets reported on Paycom Software (NYSE:PAYC) increased the target price from $67.00 to $74.00. At the time, this indicated a possible upside of 0.09%.

See Chart Below

Paycom Software (NYSE:PAYC)

Paycom Software has a 52 week low of $39.15 and a 52 week high of $75.57 with a P/E ratio of 80.61 Paycom Software’s market capitalization is presently $0.

A total of 11 analysts have released a report on Paycom Software. zero analysts rating the company a strong buy, zero analysts rating the company a buy, zero analysts rating the company a hold, zero analysts rating the company a underperform, and finally 0 brokerages rating the stock a sell with a average stock price target of $48.00.

Brief Synopsis On Paycom Software (NYSE:PAYC)

Paycom Software, Inc. is a provider of a cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. The Company's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA. The Company's solution allows clients to analyze employee information to make business decisions. The Company's HCM solution offers a range of applications, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management.

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