Professional
Added to YB: 2024-08-07
Pitch date: 2024-06-30
PAYC [bullish]
Paycom Software, Inc.
-12.79%
current return
Author Info
No bio for this author
Company Info
Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States.
Market Cap
$7.0B
Pitch Price
$141.00
Price Target
N/A
Dividend
1.14%
EV/EBITDA
10.21
P/E
16.33
EV/Sales
3.28
Sector
Professional Services
Category
growth
Polen Global Growth Portfolio Holding: Paycom Software, Inc.
PAYC: Cloud payroll/HCM leader. Near-term growth slowed by BETI launch issues & macro weakness. Long-term outlook strong: mission-critical software, 90%+ retention, high ROIC. Highly recurring revenue. Recent stock decline due to P/E compression, not fundamentals. Attractive industry position maintained.
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