We last explored Paycom Software (NYSE: PAYC ), a vendor of online payroll and HR software, back in January 2024, when it was being shunned by the market (it was down by -15% over the preceding two months). While PAYC hasn’tAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it ( ...

Paycom Software (PAYC) shares have gained 21.7% in the past six months, outperforming the Zacks Computer Technology sector, Zacks Internet Software industry and the S&P 500’s return of 9.7%, 14.3% and 11.3%, respectively. Paycom’s outperformance reflects investors’ confidence in its innovative product line and back-to-back quarters of strong financial performance.Paycom’s revenues are driven by new client additions and a continued focus on cross-selling to existing clients. Its differentiated employee strat ...

Paycom Software, Inc. (NYSE: PAYC ) recently reported its Q3 earnings that were met very well by the investing community. I wanted to go over some of its numbers and give some comments on the company’sMSc in Finance. Long-term horizon investor mostly with 5-10 year horizon. I like to keep investing simple. I believe a portfolio should consist of a mix of growth, value, and dividend-paying stocks but usually end up looking for value more than anything. I also sell options from time to time.Analyst’s Disclosu ...

The company posted strong earnings for the third quarter.Shares of Paycom Software (PAYC 0.39%) jumped 25.5% in October, according to data from S&P Global Market Intelligence. The web-based HR and payroll management provider accelerated revenue growth in the third quarter as it continues to automate workloads for back-office functions. After collapsing earlier this summer, Paycom shares have shot up over 45% in recent months as investors get enthusiastic about the long-term software winner again.Here's why ...

Key TakeawaysShares of payroll and HR software provider Paycom Software surged 21% on Thursday, posting the biggest gain in the S&P 500.Paycom exceeded third-quarter sales and profit estimates as the strong labor market boosted demand for the company's workforce management services.With Thursday's gain, Paycom shares moved back into positive territory for 2024. Paycom Software (PAYC) shares skyrocketed 21% on Thursday, posting the top daily performance in the S&P 500, after the payroll and human resources s ...

公司概况 - 公司提供全面的云端人力资源管理(HCM)解决方案[58] - 公司客户群涵盖多个行业和规模[58] - 公司计划通过进一步渗透现有市场和拓展新市场来吸引新客户[59] - 公司将继续开发新应用程序和改进现有应用程序以增加收入[59] - 公司计划未来开设更多销售办事处以扩大市场份额[59] - 公司正在拓展大型客户市场,并推出全球HCM解决方案以服务有国际员工的大型企业[63] 收入结构 - 公司收入主要来自固定费用和每个员工或交易的费用[58] - 公司收入存在季节性波动,第一季度和第四季度通常较高[63] 经营情况 - 公司三个月和九个月期间的经常性收入增加，主要是由于新客户的增加、每个客户收入的增加以及新产品和服务的影响[65] - 公司三个月和九个月期间的利息收入增加，主要是由于利率上升和客户资金余额增加[65] - 公司三个月和九个月期间的运营费用增加，主要是由于员工人数增加、运输和供应费用增加以及银行费用增加[66] - 公司三个月和九个月期间的折旧和摊销费用增加，主要是由于新技术的开发、其他相关固定资产的购买以及新总部大楼的投入使用[66,73] - 公司三个月和九个月期间的销售和营销费用增加，主要是由于员工相关费用(包括佣金和奖金)的增加[67] - 公司三个月和九个月期间的研发费用增加，主要是由于员工相关费用的增加[68] - 公司九个月期间的管理费用减少，主要是由于之前确认的股份支付费用因CEO职位变更而冲回[71] - 公司三个月和九个月期间的利息费用增加，主要是由于新总部大楼建设导致资本化利息减少[74] - 公司其他收入(费用)净额在2024年9月30日结束的三个月和九个月期间较上年同期有所下降,主要是由于公司现金余额较低导致的利息收入减少[75] - 2024年9月30日结束的九个月期间,公司的有效所得税率为21.9%,较2023年同期的28.1%有所下降,主要是由于2024年2月CEO绩效奖励的税收抵免[76] 现金流 - 公司的主要资金来源为经营活动产生的现金流和现金及现金等价物,并拥有10亿美元的有担保循环信贷额度[77] - 公司预计未来12个月内现有现金及经营活动产生的现金流将足以满足运营、资本支出、支付股息和股票回购的需求[77] - 公司2024年9个月内共回购89.27万股股票,平均价格为153.70美元,其中8.05万股用于支付员工税收[78] - 公司2024年前三个季度共支付了6.34亿美元的现金股利[79,80] - 公司2024年9个月经营活动产生的现金流为3.74亿美元,较2023年同期增长7%[82,83,84] - 公司2024年9个月投资活动产生的现金流为3.35亿美元,较2023年同期增长125%[82,85] - 公司2024年9个月筹资活动产生的现金流为-108.93亿美元,较2023年同期增长149%[82,86] 财务指标 - 公司调整后EBITDA和非GAAP净收入作为补充指标,用于评估核心业务运营表现和进行规划[90] - 2024年第三季度调整后EBITDA为1.713亿美元,同比增长3.4%[90,91] - 2024年前三季度调整后EBITDA为5.605亿美元,同比增长3.3%[90,91] - 2024年第三季度非GAAP净收入为9,342万美元,同比下降8.7%[92] - 2024年前三季度非GAAP净收入为3.319亿美元,同比下降2.2%[92] - 2024年第三季度非GAAP每股收益为1.67美元,同比下降5.6%[93,94] - 2024年前三季度非GAAP每股收益为5.89美元,同比增长0.5%[93,94] 资产负债情况 - 公司持有3.258亿美元的公司现金及现金等价物,以及14亿美元的客户资金[96] - 公司持有2,490万美元的可供出售证券,主要为期限2年的美国国债[96] - 如果利率上升100个基点,将会增加2,290万美元的客户资金利息收入[96]

Paycom's Q3 results and forward guidance suddenly have investors feeling very bullish again.Paycom Software (PAYC 23.62%) stock is surging in Thursday's trading following the company's recently published third-quarter results. The company's share price was up 24.7% as of 2:15 p.m. ET.Paycom published its Q3 results after the market closed yesterday, and sales and earnings for the period beat Wall Street's targets. In addition to the Q3 beats, the company also issued strong guidance for the current quarter.P ...

Paycom's automated solutions are beloved by its customers, and the results may be starting to show.Shares of human capital management (HCM) software provider Paycom Software (PAYC 24.78%) are up 28% this week as of 1:40 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Paycom reported third-quarter earnings, beating analysts' expectations, growing revenue by 11% and offering improved guidance for the remainder of 2024. Most importantly, however, Paycom hinted that its ongoing re ...

Paycom Software, Inc. (PAYC) reported better-than-expected third-quarter 2024 results. The online payroll and human resource technology provider reported non-GAAP earnings of $1.67 per share for the third quarter, beating the Zacks Consensus Estimate of $1.62.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.However, the bottom line declined 5.6% year over year as the benefits of higher revenues and lower share count were more than offset by increased operating expenses, interest expe ...

财务数据和关键指标变化 - 第三季度收入为4.52亿美元，同比增长11% [23] - 经调整后的EBITDA为1.71亿美元，EBITDA利润率为38% [25] - GAAP净收入为7300万美元，每股摊薄收益为1.31美元 [25] - 非GAAP净收入为9300万美元，每股摊薄收益为1.67美元 [25] - 现金及现金等价物为3.26亿美元，无债务 [28] 各条业务线数据和关键指标变化 - 经常性收入为4.45亿美元，占总收入的98%，同比增长近12% [24] - GONE和Beti等自动化解决方案的采用显著提高了客户的运营效率 [10][14] 各个市场数据和关键指标变化 - 公司在国际市场上扩展，已在四个国家开展业务，主要客户为在多个国家运营的美国公司 [71][72] 公司战略和发展方向和行业竞争 - 公司专注于全解决方案自动化，以提高客户的投资回报率 [9][52] - 公司在销售和市场推广方面表现强劲，尤其是在新客户的获取上 [21][63] 管理层对经营环境和未来前景的评论 - 管理层对市场需求持乐观态度，认为自动化解决方案的需求持续增长 [35] - 预计2024年第四季度和全年收入将增长约10% [30] 其他重要信息 - 公司在第三季度回购了约30万股股票，支付了约2100万美元的现金股息 [29] - 公司被《福布斯》评选为最佳科技工作者雇主之一 [22] 问答环节所有提问和回答 问题: 关于市场需求和销售管道的看法 - 管理层表示需求强劲，9月份是公司历史上最大的销售月份 [35] 问题: 关于AI技术的使用 - 管理层确认AI技术是内部开发的，已提高了客户服务的效率 [39] 问题: 关于收入增长的驱动因素 - 管理层指出，收入增长主要来自新客户的增加 [66] 问题: 关于第四季度的指导 - 管理层提到，第四季度的指导受到奖金支付和利率变化的影响 [57] 问题: 关于Beti的采用情况 - 管理层表示，Beti的采用在客户中持续增长，尤其是新客户 [69]