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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美东时间11月1日，多家华尔街大行更新了$Paycom Software (PAYC.US)$的评级，目标价介于175美元至220美元。
美银证券分析师Michael Funk首予持有评级，目标价220美元。
花旗分析师Steve Enders维持持有评级，并将目标价从172美元上调至196美元。
巴克莱银行分析师Raimo Lenschow维持持有评级，并将目标价从172美元上调至181美元。
富瑞集团分析师Samad Samana维持持有评级，并将目标价从170美元上调至175美元。
TD Cowen分析师Jared Levine维持持有评级，并将目标价从188美元下调至180美元。
此外，综合报道，$Paycom Software (PAYC.US)$近期主要分析师观点如下：
公司在第三季度表现出色，销售势头保持上升势头，超越9月份。尽管这一积极趋势，但在对未来预期轨迹更大的信心之前，仍持谨慎态度，考虑到未来修订的可能性延伸至2025年。
Paycom最近一个季度的营业收入增长超出预期的11%，这个数字超过了相对较为温和的预测。就营业收入而言，公司的表现与行业同行相一致，其EBITDA显著优于其他公司，根据分析师的说法。
Paycom的总营业收入和EBITDA超出预期。尽管第四季度营收前景的中点未能达到共识，但投资者讨论表明他们对此结果已做好准备，正如一篇发帖后收益评论所述。
以下为今日12位分析师对$Paycom Software (PAYC.US)$的最新投资评级及目标价：
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