Paycom: Business To See Growth Acceleration In H2 2024
I reiterate my buy rating for PAYC remains, as the new sales strategy is delivering positive results. The near-term question is whether PAYC can accelerate growth in 2H24. The capital return story has gotten better with the enhanced share repurchase program.
Paycom (PAYC) Q2 Earnings and Revenues Surpass Estimates
Paycom's (PAYC) second-quarter revenues benefit from increased sales momentum, international expansion and integration of AI in its products.
Paycom Software, Inc. (PAYC) Q2 2024 Earnings Call Transcript
Paycom Software, Inc. (NYSE:PAYC ) Q2 2024 Earnings Conference Call July 31, 2024 5:00 PM ET Company Participants James Samford - Head of IR Chad Richison - President & CEO Craig Boelte - CFO Conference Call Participants Raimo Lenschow - Barclays Samad Samana - Jefferies Mark Marcon - Baird Joshua Reilly - Needham Steven Enders - Citi Kevin McVeigh - UBS Phillip Leytes - Mizuho Zane Meehan - KeyBanc Ryan Krieger - Wolfe Research Bhavin Shah - Deutsche Bank Daniel Jester - BMO Jared Levine - TD Cowen Zachary Gunn - FT Partners Operator Good afternoon. Thank you for attending the Paycom Software Second Quarter 2024 Quarterly Results Conference Call.
Paycom Software (PAYC) Beats Q2 Earnings and Revenue Estimates
Paycom Software (PAYC) came out with quarterly earnings of $1.62 per share, beating the Zacks Consensus Estimate of $1.58 per share. This compares to earnings of $1.62 per share a year ago.
Is a Beat in Store for Paycom (PAYC) This Earnings Season?
Paycom's (PAYC) second-quarter results are likely to reflect benefits from the strong demand for its latest products, the addition of new customers and high-margin recurring revenues.
Paycom Software (PAYC) Expected to Beat Earnings Estimates: Can the Stock Move Higher?
Paycom (PAYC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does Paycom (PAYC) Have the Potential to Rally 25.01% as Wall Street Analysts Expect?
The average of price targets set by Wall Street analysts indicates a potential upside of 25% in Paycom (PAYC). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.
Bull of the Day: Paycom Software (PAYC)
No debt and sales expected to grow 10.2% this year.
Paycom Is Revolutionizing The Way We Get Paid
Paycom is a cloud-based human capital management software company that offers an all-in-one platform for managing the employment life cycle. The company has strong fundamentals, including fast revenue and earnings growth, high free cash flow, and a high return on invested capital. Paycom is undervalued in the market, with low price to free cash flow levels, and has a favorable market position with potential for international growth.
Will Paycom (PAYC) Beat Estimates Again in Its Next Earnings Report?
Paycom (PAYC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Here's Why Paycom (PAYC) is a Promising Portfolio Pick Now
Paycom (PAYC) is well-poised to grow on the back of strong revenues, robust cash flows and its diverse portfolio serving the breadths of the human capital management space.
History Says the Stock Market Will Soar: 2 Magnificent Growth Stocks to Buy Now for the Bull Market
The S&P has returned 53% since entering a bull market in October 2022, but it returned an average of 184% during past bull markets. Shopify was recently recognized as a leading B2B e-commerce platform, a noteworthy development given that B2B is growing faster than retail.
