Headlines about Paycom Software (NYSE:PAYC) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Paycom Software earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the software maker an impact score of 46.4452127553099 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

These are some of the headlines that may have effected Accern Sentiment Analysis’s scoring:

Shares of Paycom Software (NYSE PAYC) traded up $0.57 on Wednesday, reaching $81.28. 251,690 shares of the company’s stock traded hands, compared to its average volume of 584,670. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.21. Paycom Software has a twelve month low of $42.52 and a twelve month high of $86.10. The stock has a market capitalization of $4,703.08, a price-to-earnings ratio of 75.96, a PEG ratio of 3.47 and a beta of 1.68.

Paycom Software (NYSE:PAYC) last issued its quarterly earnings data on Tuesday, October 31st. The software maker reported $0.29 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.19 by $0.10. Paycom Software had a net margin of 15.37% and a return on equity of 44.27%. The business had revenue of $101.30 million during the quarter, compared to analyst estimates of $100.47 million. During the same period last year, the business posted $0.15 earnings per share. Paycom Software’s quarterly revenue was up 31.0% compared to the same quarter last year. analysts anticipate that Paycom Software will post 0.82 earnings per share for the current fiscal year.

PAYC has been the topic of a number of recent research reports. Robert W. Baird reaffirmed a “buy” rating and set a $78.00 price objective on shares of Paycom Software in a research note on Tuesday, September 12th. Bank of America assumed coverage on shares of Paycom Software in a report on Monday, November 6th. They set a “buy” rating and a $92.00 target price for the company. Northland Securities assumed coverage on shares of Paycom Software in a report on Thursday, September 21st. They set an “outperform” rating and a $85.00 target price for the company. Barclays increased their target price on shares of Paycom Software from $74.00 to $82.00 and gave the stock an “overweight” rating in a report on Wednesday, September 13th. Finally, Zacks Investment Research upgraded shares of Paycom Software from a “hold” rating to a “buy” rating and set a $87.00 target price for the company in a report on Friday, November 3rd. Five investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the stock. Paycom Software has a consensus rating of “Buy” and a consensus price target of $83.44.

In other Paycom Software news, CFO Craig E. Boelte sold 11,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 12th. The shares were sold at an average price of $78.92, for a total transaction of $868,120.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Jeffrey D. York sold 40,000 shares of the firm’s stock in a transaction that occurred on 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 currently owned by company 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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