In a report released today, Brian Schwartz from Oppenheimer maintained a Buy rating on Paycom (NYSE: PAYC). The company’s shares opened today at $135.02, close to its 52-week high of $136.80.
According to TipRanks.com, Schwartz is a top 25 analyst with an average return of 28.2% and a 79.2% success rate. Schwartz covers the Technology sector, focusing on stocks such as Ultimate Software, Instructure Inc, and Salesforce.com.
Paycom has an analyst consensus of Moderate Buy, with a price target consensus of $123.89, implying a -8.2% downside from current levels. In a report issued on July 31, KeyBanc also maintained a Buy rating on the stock with a $133 price target.
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The company has a one-year high of $136.80 and a one-year low of $67.34. Currently, Paycom has an average volume of 841.1K.
Based on the recent corporate insider activity of 70 insiders, corporate insider sentiment is negative on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Paycom Software, Inc. provides cloud-based human capital management software solutions delivered as Software-as-a-Service. The company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement.
