Robert W. Baird analyst Mark Marcon maintained a Buy rating on Paycom (NYSE:PAYC) on Tuesday, setting a price target of $460, which is approximately 3.87% above the present share price of $442.86.
Marcon expects Paycom to post earnings per share (EPS) of $1.12 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Strong Buy rating of shares in Paycom, with an average price target of $469.
The analysts price targets range from a high of $500 to a low of $400.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $272.2 million and a net profit of $94.55 million. The company's market cap is $26.65 billion.
According to TipRanks.com, Robert W. Baird analyst Mark Marcon is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 32.6% and a 81.82% 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.