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Added to YB: 2024-09-19

Pitch date: 2024-06-30

PAYC [bullish]

Paycom Software, Inc.

+15.15%

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

$11.1B

Pitch Price

$141.39

Price Target

N/A

Dividend

0.76%

EV/EBITDA

17.92

P/E

22.21

EV/Sales

5.72

Sector

Professional Services

Category

turnaround

Show full summary:
Harris Associates U.S. Concentrated Strategy Portfolio Holding: Paycom Software, Inc.

PAYC: Mixed Q1 results & Co-CEO resignation led to underperformance. Weak macro for payroll software, but operational improvements underway. CEO Richison confident in long-term prospects. At 4x revenue, stock looks undervalued for profitable, growing software business.

Read full article (1 min)