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Paycom Software Inc (NYSE:PAYC) target price raised to $54.00, issued a report today by RBC Capital Markets

Boasting a price of $49.99, Paycom Software Inc (NYSE:PAYC) traded 0.28% higher on the day. With the last stock price close up 16.33% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Paycom Software Inc has recorded a 50-day average of $50.10 and a two hundred day average of $43.09. Volume of trade was down over the average, with 532,431 shares of PAYC changing hands under the typical 652,503

Paycom Software Inc (NYSE:PAYC) had its price target increased to $54.00 by RBC Capital Markets in a report issued 09/30/2016. The updated target price indicates a possible upside of 0.08% from the company's most recent stock price close.

On 8/3/2016, Wunderlich released a statement for Paycom Software Inc (NYSE:PAYC) bumped up the target price from $50.00 to $57.00 that suggested an upside of 0.20%.

Recent Performance Chart

Paycom Software Inc (NYSE:PAYC)

Paycom Software Inc has PE ratio of 78.45 with a one year low of $22.42 and a one year high of $52.93 and has a market capitalization of $0.

A total of 11 brokerages have issued a ratings update on Paycom Software Inc. zero brokerages rating the company a strong buy, zero brokerages rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $48.00.

General Company Details For Paycom Software Inc (NYSE:PAYC)

Paycom Software, Inc. (Paycom) is a provider of cloud-based human capital management (HCM) software solution delivered as software as a service (SaaS). The Company's solution is based on a system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. Talent acquisition includes applicant tracking, on-boarding, e-verify and tax credit services. Time and labor management includes time and attendance, scheduling/schedule exchange, time-off requests, labor allocation and labor management reports/push reporting. Payroll includes payroll and tax management, Paycom pay, expense management, garnishment management and GL Concierge. Talent management includes employee self-service, executive dashboard and Paycom learning. Human resources management includes document and task management, government and compliance, and benefits administration.

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