Paycom Software traded at $168.67 this Monday August 3rd, increasing $4.71 or 2.87 percent since the previous trading session. Looking back, over the last four weeks, Paycom Software gained 20.56 percent. Over the last 12 months, its price fell by 26.45 percent. Looking ahead, we forecast Paycom Software to be priced at 160.48 by the end of this quarter and at 150.49 in one year, according to Trading Economics global macro models projections and analysts expectations.
Paycom Software, Inc. is a provider of a cloud-based human capital management (HCM) software solution delivered as Software-as-a-Service (SaaS). The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement. The Company's applications streamline client processes and provide clients and their employees with the ability to directly access and manage administrative processes, including applications that identify candidates, on-board employees, manage time and labor, administer payroll deductions and benefits, manage performance, terminate employees and administer post-termination health benefits, such as COBRA. The Company's solution allows clients to analyze employee information to make business decisions. The Company's HCM solution offers a range of applications, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications.