Paycom Software, Inc. Reports Second Quarter 2020 Results

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Go back to Paycom Software, Inc. Reports Second Quarter 2020 Results

Paycom Software (PAYC) PT Lowered to $260 at Mizuho Securities

August 5, 2020 6:49 AM EDT

Mizuho Securities analyst Siti Panigrahi lowered the price target on Paycom Software (NYSE: PAYC) to $260.00 (from $275.00) while maintaining a Neutral rating.

The analyst commented, "Paycom reported mixed Q2 results versus consensus expectations. Given the strong headwinds from the rise in unemployment due... More

Paycom Software (PAYC) Reports In-Line Q2 EPS

August 4, 2020 4:38 PM EDT

Paycom Software (NYSE: PAYC) reported Q2 EPS of $0.62, in-line with the analyst estimate of $0.62. Revenue for the quarter came in at $181.6 million versus the consensus estimate of $183.88 million.

The second quarter was very strong from a new business perspective, which positions Paycom very... More