Last qtr, Paycom Software (PAYC) delivered its second straight qtr of triple-digit profit growth, here’s what Sharek thinks PAY is worth.
Paycom Software (PAYC) is one of the hottest stocks around — because it’s profit history since the stock went public in 2014 is sensational — from $0.19 then to maybe $2.50 this year.
Paycom Software’s (PAY) 2018 profit estimates just surged from $1.54 to $2.46. Wow! But why did this happen? Let’s take a look.
Paycom Software (PAYC) is very popular could-based HR solution with small and mid sized companies. And the stock’s been doing great as profits could rise ten-fold in just five years.
Slowing growth is often the death knell of great growth stocks, and Paycom Software (PAY) just delivered the slowest growth since it went public.