TD Cowen Reiterates Buy Rating for Paycom Software
TD Cowen reaffirms its Buy rating on Paycom Software with a price target of $149, a 18.56% upside from the current price.
Key Points
- TD Cowen reiterated its Buy rating on Paycom Software (NYSE:PAYC) with a $149 price target on June 26, 2026.
- TD Cowen's $149 price target implies 18.56% upside from Paycom Software, Inc.'s ($PAYC) current $125.68 share price.
- Paycom Software shares traded near $124.48 on Friday, with a market cap of approximately $5.8 billion and a P/E ratio of 14.4.
- Insider trades include CEO Chad Richison's transactions on June 15, 2026, with 12,500 shares bought and sold.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
TD Cowen reiterated its Buy rating on Paycom Software, Inc. (NYSE:PAYC) on June 26, 2026. The analyst, Jared Levine, set a price target of $149, suggesting confidence in the company's future performance.
TD Cowen vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Paycom Software, Inc. Stock Down 47.3%
Shares of NYSE:PAYC traded near $124.48 on Friday. Paycom Software, with its headquarters in Oklahoma City, OK, has a market cap of about $5.8 billion. The company has a P/E ratio of 14.4 and a forward P/E of 10.1, reflecting investor expectations for earnings growth. The stock's 52-week range spans from $104.9 to $248.95, with recent moving averages at $132.51 over 50 days and $153.46 over 200 days. Paycom maintains a current ratio of 1.08 and a quick ratio of 0.08, with a debt-to-equity ratio of 94.07.
$PAYC price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
For its most recent earnings report, Paycom Software posted revenue of approximately $2.09 billion, reflecting a growth rate of 7.8%. The company's earnings per share were $8.64, with a net margin of 22.44% and a return on equity of 37.15%. The next earnings release is scheduled for May 6, 2026.
Dividend
Paycom Software pays an annual dividend of $1.50 per share, yielding 1.21% at current prices. The company's dividend payout ratio stands at 17.36%.
Insider Buying and Selling at Paycom Software, Inc.
Several insider transactions occurred recently at Paycom Software. On June 15, 2026, CEO and Chairman Chad Richison both bought and sold 12,500 shares. Earlier, on May 18, 2026, Chief Operating Officer Randall Peck sold 2,500 shares at an average price of $140.5. President Terrell Shane Hadlock also sold 2,728 shares on May 10, 2026, at $138.44 per share.
Analysts Set New Price Targets
On June 26, 2026, TD Cowen maintained its Buy rating for Paycom Software with a price target of $149. Other recent ratings include Citigroup's Hold rating with a $136 target on May 7, 2026, and BTIG's Buy rating with a $160 target on the same date. The consensus among 16 analysts is a Buy, with an average target price of $151.44.
About Paycom Software
Paycom Software, Inc. provides cloud-based human capital management solutions to small and mid-sized companies in the United States. The company's software helps manage the employment life cycle, from recruitment to retirement, offering tools for payroll, talent acquisition, and time management. Founded in 1998, Paycom is led by CEO Chad R. Richison and employs around 5,770 people.
Bottom Line
TD Cowen's reaffirmation of its Buy rating on Paycom Software indicates confidence in the company's outlook. With a solid market position and recent insider activity, Paycom continues to be a company investors are watching closely. Remember, 13F filings and analyst ratings are backward-looking and reflect past decisions.
Get Paycom Software, Inc. alerts
New 13F filings, insider trades, and analyst moves on $PAYC, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.