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Paycom Software Inc (NYSE:PAYC) target price raised to $57.00, reported today by Wunderlich

In a statement issued on 8/3/2016 Wunderlich bumped up the target price of Paycom Software Inc (NYSE:PAYC) from $50 to $57 indicating a possible upside of 0.20%.

On 7/15/2016, Barclays Capital released a statement on Paycom Software Inc(NYSE:PAYC) raised the target price from $44.00 to $51.00 that indicated a possible upside of 0.10%.

Just yesterday Paycom Software Inc (NYSE:PAYC) traded 2.88% lower at $47.34. The company’s 50-day average is $50.21 and its two hundred day average is $42.12. With the last close up 11.96% relative to the 200-day moving average, compared with the S&P 500 Index which has fallen -0.01% over the same period. Trade volume was up over the average, with 734,180 shares of PAYC changing hands over the typical 691,036 shares..

Performance Graph:

Paycom Software Inc (NYSE:PAYC)

With a market capitalization of $0.0, Paycom Software Inc has a one-year low of $22.42 and a one-year high of $52.93 with a P/E ratio of 74.

In addition to Wunderlich reporting it’s price target, a total of 11 firms have reported on the stock. The 12-month target price is $48.00 with 0 rating the stock a strong buy, 0 rating the stock a buy, 0 analysts rating the stock a hold, 0 rating the company to underperform, and lastly 0 firmsrating the company as sell.

More About 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 and benefits administration.

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