Headlines about Paycom Software (NYSE:PAYC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Paycom Software earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 46.7175878857249 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the headlines that may have effected Accern’s rankings:

Several equities research analysts recently issued reports on PAYC shares. Robert W. Baird reaffirmed a “buy” rating and issued a $82.00 price objective on shares of Paycom Software in a research note on Wednesday, November 1st. Credit Suisse Group lowered shares of Paycom Software from an “outperform” rating to a “neutral” rating and set a $78.00 price objective for the company. in a research note on Wednesday, November 1st. Jefferies Group lifted their price objective on shares of Paycom Software from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Wednesday, November 1st. Northland Securities set a $85.00 price objective on shares of Paycom Software and gave the company a “buy” rating in a research note on Wednesday, November 1st. Finally, KeyCorp reaffirmed a “hold” rating on shares of Paycom Software in a research note on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the stock. Paycom Software currently has a consensus rating of “Buy” and an average price target of $83.44.

Paycom Software (NYSE:PAYC) traded down $0.94 during trading hours on Friday, hitting $80.72. 293,456 shares of the stock traded hands, compared to its average volume of 544,456. Paycom Software has a one year low of $42.52 and a one year high of $86.10. The company has a debt-to-equity ratio of 0.21, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $4,757.85, a P/E ratio of 75.44, a price-to-earnings-growth ratio of 3.51 and a beta of 1.68.

Paycom Software (NYSE:PAYC) last posted its earnings results on Tuesday, October 31st. The software maker reported $0.29 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.10. The business had revenue of $101.30 million for the quarter, compared to analysts’ expectations of $100.47 million. Paycom Software had a net margin of 15.37% and a return on equity of 44.27%. The firm’s revenue for the quarter was up 31.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 earnings per share. research analysts forecast that Paycom Software will post 0.82 EPS for the current fiscal year.

In other Paycom Software news, CFO Craig E. Boelte sold 11,000 shares of the business’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $78.92, for a total value of $868,120.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Jeffrey D. York sold 40,000 shares of the business’s stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $74.81, for a total transaction of $2,992,400.00. The disclosure for this sale can be found here. 17.90% of the stock is owned by insiders.

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Paycom Software Company Profile

Paycom Software, Inc is a provider of a cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. The Company’s applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA.

Insider Buying and Selling by Quarter for Paycom Software (NYSE:PAYC)

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