How to Buy Paycom Software Stock
Paycom Software Inc
Paycom Software is a app company located in Oklahoma, United States, which is part of the Technology sector, and is traded under the ticker PAYC on the NYSE exchange.
Paycom Software stock last closed at $206.20, down 4.94% from the previous day, and has increased 10.44% in one year. It has overperformed other stocks in the Software - Application industry by 0.27 percentage points. Paycom Software stock is currently +47.81% from its 52-week low of $139.50, and -15.05% from its 52-week high of $242.74.
As of Apr 21, 2025, there are 57.26M PAYC shares outstanding. The market capitalization of PAYC is $11.81B. In the last 24 hours, 616,775 PAYC shares were traded.
How to Buy Paycom Software Stock
Wondering how to invest in Paycom Software stock? Here's how.
- Decide where to buy Paycom Software stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Paycom Software stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Put funds into your brokerage account: Select your payment method and add your info.
- Research Paycom Software stock: The Paycom Software ticker symbol is PAYC. Is Paycom Software stock a good investment? Should you buy shares of PAYC? How do PAYC's underlying business fundamentals look? Do top analysts think Paycom Software is a good buy? Why has PAYC's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if PAYC is a good stock to buy).
- Make your PAYC buy order: Decide if you will purchase PAYC shares at the current market price or use a limit order to buy PAYC shares at a specific price.
- Get the latest scoop on your PAYC position: Create a watchlist to key updates about your new investment in Paycom Software shares.
Step 1: Decide where to buy Paycom Software stock
You need a brokerage account in order to access the NYSE market and buy PAYC shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, it's time to fill out some personal info so you are able to invest in PAYC stock today.
How to Set Up a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new brokerage account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've opened your account on investing apps, you can securely and quickly fund your account:
Watch this video walkthrough if you need help transferring funds into your investment account.
Step 4: Research Paycom Software stock
After you have figured out the best place to buy Paycom Software stock, it's crucial to research their stock before you buy, so you can wrap your head around the risk as well as the opportunity.
Paycom Software shares quick numbers
PAYC Fundamentals
WallStreetZen was created to help average investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on PAYC's stock page.
Is PAYC stock overvalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge PAYC's fair value.
Using relative valuations measures:
- PAYC could be undervalued based on its P/E ratio of 23.09x, relative to Software - Application industry P/E ratio of 107.02x
- PAYC could be overvalued based on its P/B ratio of 7.49x, relative to Software - Application industry P/B ratio of 6.17x
- PAYC may be overvalued based on its PEG ratio of 17.31x
You can access additional valuation analysis on PAYC's stock here.
PAYC Financial Health Overview
Positive Health Checks:
- PAYC earnings of $652.40M is not enough to cover its interest payments.
- PAYC's operating cash flow of $533.90M allows it to safely service it's debt of $83.40M.
- Total PAYC debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the PAYC balance sheet.
- There are more short-term assets than short-term liabilities on the PAYC balance sheet.
- PAYC profit margin has gone up from 20.1% to 26.7% in the past year.
Negative Health Checks:
- PAYC has a relatively high debt to equity ratio of 2.72.
Is PAYC stock a Buy, Hold, or Sell, according to analysts?
Out of 10 Wall Street analysts who track PAYC, the consensus analyst rating on PAYC is a Hold
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent PAYC Analyst Ratings
Steven Enders, a top 14% analyst from Citigroup maintains PAYC with a hold rating and lowers their PAYC price target from $234.00 to $221.00, on Jan 16, 2025.
Siti Panigrahi, a bottom 6% analyst from Mizuho maintains PAYC with a hold rating and raises their PAYC price target from $190.00 to $210.00, on Dec 13, 2024.
Daniel Jester, a top 19% analyst from BMO Capital maintains PAYC with a hold rating and raises their PAYC price target from $197.00 to $260.00, on Dec 12, 2024.
Jared Levine, a bottom 21% analyst from TD Cowen maintains PAYC with a hold rating and raises their PAYC price target from $193.00 to $248.00, on Dec 9, 2024.
Samad Samana, a bottom 7% analyst from Jefferies maintains PAYC with a hold rating and raises their PAYC price target from $170.00 to $175.00, on Oct 31, 2024.
You can dive deeper into what analysts are saying on the Paycom Software stock forecast page.
PAYC Momentum
PAYC Revenue
Last year, PAYC earnings were $502.00M. In the last five year, PAYC's earnings have gone up by 23.25% per year. This was slower than the Software - Application industry average of 74.23%.
Last year, PAYC revenue was $1.88B. During the past five year, PAYC's revenue has gone up by 20.62% per year. This was slower than the Software - Application industry average of 21.43%.
Dig into PAYC's earnings and revenue performance here.
Latest Insiders Trades at PAYC
Over the last year, executives and large shareholders at PAYC have sold more shares than they have bought.
Bradley Scott Smith, Chief Information Officer of PAYC, was the latest PAYC insider to sell. They sold $360,627.54 worth of PAYC shares on Mar 13, 2025.
Learn more about who owns PAYC stock here.
Does PAYC stock generate passive income?
Paycom Software pays a dividend of 0.73%, compared to the Software - Application industry's average dividend yield of 2.46%. If you owned $1,000 of PAYC stock, you would have received $7.27 in the past 12 months.
Get more analysis about Paycom Software dividend yield and history here.
What others are saying about PAYC
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your PAYC buy order
You have two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given price limit, use a limit order.
Hit the Open button and eToro will execute the order.
If you want additional help buying stocks on eToro, click the helpful video below:
Step 6: Get the latest scoop on your PAYC position
Now that you own some PAYC stock, you'll want to keep up with your investment.
Put PAYC on a watchlist to track the latest developments regarding your PAYC stock.
PAYC Feed
How to Buy Stock in Paycom Software
To summarize, here are the 6 steps to buy stock in Paycom Software:
- Decide where to buy Paycom Software stock
- Sign up for a brokerage account
- Put funds into your brokerage account
- Research Paycom Software stock
- Make your PAYC buy order
- Get the latest scoop on your PAYC position
If you require a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Paycom Software, click below.
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