Investors in Paycom Software, Inc. (NYSE: PAYC) Had a good week because the shares rose by 9.8% to close to US $ 249 after the release of his quarterly results. The income was US $ 531 million, roughly in line with what the analysts had expected, although the legal profit per share (EPS) expectations crushed, with US $ 2.48, an impressive 25% for estimates. After the result, the analysts updated their profit model, and it would be good to know if they think there has been a strong change in the prospects of the company, or whether it is usually. Readers will be happy to know that we have aggregated the latest legal predictions to see if the analysts have changed ideas on Paycom software after the latest results.
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After the latest results, the 19 analysts from Paycom software now predict the turnover of US $ 2.03B in 2025. This would be a reasonable improvement in the turnover of 6.1% compared to the past 12 months. Legally per share is expected to be US $ 7.09, approximately in line with the last 12 months. In the run -up to this report, the analysts in the turnover of US $ 2.03b and profit per share (EPS) of US $ 6.68 in 2025 in 2025. The analysts seem to have become bullisher about the company, based on their new estimates of the profit per share.
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The consensus price objective rose by 6.0% to US $ 235, which suggests that higher profit estimates also go to the valuation of the share. The consensus price objective is only an average of individual analyst goals, so it can be useful to see how wide the reach of underlying estimates is. There are some variant perceptions on Paycom software, where the most bullish analyst appreciates it at US $ 278 and the most bearish at US $ 203 per share. This shows that there is still a bit of diversity in estimates, but analysts do not seem to be fully distributed as if it could be a success or failure situation.
Another way to look at these predictions is of course by placing them in context against the industry itself. It is quite clear that there is an expectation that the turnover growth of Paycom software will considerably delay, with the turnover until the end of 2025 is expected to show a growth of 8.2% on an annual basis. This is compared with a historical growth rate of 20% in the past five years. Compare this with the 137 other companies in this industry with the coverage of the analysts, which are predicted that they will grow their turnover by 6.9% per year. It is therefore quite clear that, although the sales growth of Paycom software is expected to slow down, it is expected to grow roughly in accordance with the industry.
