PAYCOM SOFTWARE, INC

PAYC
Delayed Quote. Delayed  - 03/05 04:10:00 pm
375.53USD +7.70%

Paycom Software, Inc. : The underlying trend is to the upside

02/22/2021 | 07:42am
Tommy Douziech
Junior Analyst

Strategy published on : 02/22/2021 | 07:42

long trade
Stop-loss triggered

Entry price : 393.7$
Target : 562.1$
Stop-loss : 350.6$
Potential : 42.77%

Shares in Paycom Software, Inc. show a positive technical chart pattern over the medium term. The timing to jump back on the rising trend seems good.
Investors have an opportunity to buy the stock and target the $ 562.1.

Summary

● The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.

● The company has poor fundamentals for a short-term investment strategy.


Strengths

● According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.

● The group's activity appears highly profitable thanks to its outperforming net margins.

● Thanks to a sound financial situation, the firm has significant leeway for investment.

● Predictions on business development from analysts polled by Standard & Poor's are tight. This results from either a good visibility into core activities or accurate earnings releases.

● Historically, the company has been releasing figures that are above expectations.

● The tendency within the weekly time frame is positive above the technical support level at 284.37 USD


Weaknesses

● Based on current prices, the company has particularly high valuation levels.

● With an expected P/E ratio at 136.03 and 96.34 respectively for both the current and next fiscal years, the company operates with high earnings multiples.

● For the last few months, analysts have been revising downwards their earnings forecast.

© MarketScreener.com 2021
Copier lien
All news about PAYCOM SOFTWARE, INC.
2d ago
02/18
02/17
02/17
02/11