Published on 31 Dec 2021 on Zacks via Yahoo Finance
Paycom Software (PAYC) closed the most recent trading day at $415.19, moving -0.6% from the previous trading session. This change lagged the S&P 500's daily loss of 0.26%. At the same time, the Dow lost 0.16%, and the tech-heavy Nasdaq lost 0.04%.
Heading into today, shares of the maker of human-resources and payroll software had lost 4.87% over the past month, lagging the Computer and Technology sector's gain of 2.19% and the S&P 500's gain of 4.82% in that time.
Paycom Software will be looking to display strength as it nears its next earnings release. On that day, Paycom Software is projected to report earnings of $1.08 per share, which would represent year-over-year growth of 28.57%. Meanwhile, our latest consensus estimate is calling for revenue of $275.78 million, up 24.81% from the prior-year quarter.