Guggenheim has initiated coverage of Paycom Software Inc (PAYC) with a Buy rating as of September 25, 2025. This marks the firm's first assessment of the company's investment potential, reflecting its research into Paycom's business model and growth prospects.
Headquartered in Oklahoma City, Oklahoma, Paycom Software provides cloud-based human capital management solutions delivered as software-as-a-service. The company, which went public on April 15, 2014, employs 7,306 full-time staff and boasts a market capitalization of $9.1 billion. As of November 20, 2025, Paycom's price-to-earnings ratio stands at 19.99, with an earnings per share of 8.04 and a dividend yield of 93.2%.
Upcoming earnings reports are scheduled for August 4, 2026, with an estimated EPS of $2.23 and revenue of $539.3 million, followed by another report on May 5, 2026, with an estimated EPS of $3.01 and revenue of $588.8 million.
The recent analyst consensus shows 4 Strong Buy, 7 Buy, and 16 Hold ratings, indicating a generally positive outlook among analysts. This update provides insight into the growing interest in Paycom as a key player in the professional services industry, particularly in the realm of human capital management.