Why Is Paycom Stock Down Notably Paycom has a Zacks Rank 3 Hold We expect an in line return from the stock in the next few months Performance of an Industry Player Paycom belongs to the Zacks Internet Software
Following a disappointing earnings report Paycom PAYC 3 80 stock is getting crushed in Wednesday s trading The company s share price was down 38 3 as of 2 p m ET according to data from S Advertisement Reuters Shares of Paycom Software lost nearly two fifths of their value on Wednesday wiping about 5 5 billion off the payroll processor s market capitalization after its fourth
Why Is Paycom Stock Down
Why Is Paycom Stock Down
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Paycom Software NYSE PAYC stock fell 5 6 in Tuesday after hours trading after it indicated Q3 revenue and adjusted EBITDA could fall below the Wall Street consensus Q3 revenue is expected to At this time Paycom has a nice Growth Score of B however its Momentum Score is doing a bit better with an A However the stock was allocated a grade of D on the value side putting it in the
PAYC 2 14 ADP 0 17 PCTY 1 46 Paycom Software Inc shares were set to shed nearly a third of their value based on Tuesday s after hours action as the company which makes payroll Liudmila Chernetska iStock via Getty Images Paycom NYSE PAYC found its stock crashing around 20 on Wednesday after the company reported earnings On the surface the results looked solid with
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Currently Paycom has an average Growth Score of C though it is lagging a bit on the Momentum Score front with a D Charting a somewhat similar path the stock was allocated a grade of F on the At the high end that s still below the 452 27 million in revenue Wall Street is expecting in Q4 This news brings with it heavy trading of PAYC stock with some 580 000 shares changing hands
Notably Paycom has a Zacks Rank 3 Hold We expect an in line return from the stock in the next few months Performance of an Industry Player Paycom belongs to the Zacks Internet Software Zacks Equity Research Zacks Published Jun 3 2021 11 31AM EDT A month has gone by since the last earnings report for Paycom Software PAYC Shares have lost about 4 8 in that time frame
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Why Is Paycom Stock Down - One month return of Paycom Software Inc NYSE PAYC was 5 74 and its shares lost 39 42 of their value over the last 52 weeks Paycom Software Inc NYSE PAYC has a market capitalization of