Oppenheimer analyst Brian Schwartz maintained a Buy rating on Paycom (NYSE:PAYC) on Thursday, setting a price target of $475, which is approximately 21.89% above the present share price of $389.71.
Schwartz expects Paycom to post earnings per share (EPS) of $0.42 for the second quarter of 2021.
The current consensus among 8 TipRanks analysts is for a Strong Buy rating of shares in Paycom, with an average price target of $465.63.
The analysts price targets range from a high of $500 to a low of $420.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $220.95 million and a net profit of $36.25 million. The company's market cap is $23.26 billion.
According to TipRanks.com, Oppenheimer analyst Brian Schwartz is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 32.9% and a 79.12% success rate.
Incorporated in 1998, Oklahoma-based Paycom Software, Inc. provides cloud-based human capital management (HCM) software services for small to mid-sized companies in the United States.