Expert Ratings for Paycom Software
Portfolio Pulse from Benzinga Insights
Analysts have provided ratings for Paycom Software (NYSE:PAYC) with 2 bullish, 1 somewhat bullish, and 11 indifferent ratings in the last quarter. The average price target is $224.57, representing an implied upside from the current price of $182.5. This target is a 36.89% decrease from the previous target of $355.82. Analysts rate stocks typically once a quarter, and these ratings reflect their opinions and predictions on company performance.

December 01, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Analysts have a predominantly indifferent stance on PAYC, with an average price target of $224.57, suggesting a potential upside from the current price. The target has been significantly reduced from the previous $355.82.
The average price target indicates a potential upside for PAYC, which could lead to a positive short-term impact on the stock price. However, the significant decrease in the target price from the previous average may reflect a tempered outlook, which could moderate investor enthusiasm. The high relevance score is due to the direct mention and focus on PAYC in the article. The importance is high as price targets are a key factor in investment decisions, but not at the maximum because the ratings are mixed. The confidence level is not at the maximum due to the inherent uncertainty in analyst predictions and the mixed nature of the ratings.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100