How to buy Paycom Software (PAYC) shares in Australia

Learn how to easily invest in Paycom Software shares.

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Paycom Software Inc (PAYC) is a leading software-application business with stocks listed in the US. It opened the day at US$383.91 after a previous close of US$382.49. During the day the price has varied from a low of USD379.77 to a high of USD385.84. The latest price was USD383.59 (25 minute delay). Paycom Software is listed on the NYSE. All prices are listed in US Dollars.

How to buy shares in Paycom Software

  1. Compare share trading platforms. To buy shares in a US company from Australia you'll need to find a trading platform that offers access to US stock markets. If you're just starting out, look for a platform with low brokerage and foreign exchange fees.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Paycom Software. Find the share by name or ticker symbol: PAYC. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Paycom Software reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of US$382.49, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs. You may be able to buy a fractional share of Paycom Software, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Paycom Software. Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Paycom Software stock price (NYSE:PAYC)

Use our graph to track the performance of PAYC stocks over time.

Paycom Software shares at a glance

Information last updated 2021-07-09.
OpenUS$383.91
HighUS$385.84
LowUS$379.77
CloseUS$383.59
Previous closeUS$382.49
Change US$1.1
Change % 0.2876%
Volume 368,399
Information last updated 2021-11-28.
52-week rangeUS$302.44 - US$558.97
50-day moving average US$503.51
200-day moving average US$417.6715
Target priceUS$562.63
PE ratio 148.4203
Dividend yield N/A (0%)
Earnings per share (TTM) US$2.95

Where to buy Paycom Software stock

Name Product Standard brokerage for US shares Currency conversion fee Markets
eToro (global stocks)
US$0
50 pips (US$0.50 for every AU$100 exchanged)
Global shares, US shares, ETFs
Zero brokerage share trading on US, Hong Kong and European stocks with trades as low as $50.
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IG Share Trading
US$0
0.70%
ASX shares, Global shares
$0 brokerage for US and global shares plus get an active trader discount of $5 commission on Australian shares.
Enjoy some of the lowest brokerage fees on the market when trading Australian shares, international shares, plus get access to 24-hour customer support.
Superhero share trading
US$0
50 pips (US$0.50 for every AU$100 exchanged)
ASX shares, US shares
Earn up to 15,000 Qantas frequent flyer points when you transfer an exisiting balance or trade. Offer valid for all new and existing Superhero members until 28 February.
Pay zero brokerage on US stocks and all ETFs and just $5 (flat fee) to trade Australian shares from your mobile or desktop.
Saxo Capital Markets (Classic account)
US$4
1%
ASX shares, Global shares, ETFs
Access 19,000+ stocks on 40+ exchanges worldwide
Low fees for Australian and global share trading, no inactivity fees, low currency conversion fee and optimised for mobile.
CommSec Share Trading Account
US$19.95
0.60%
ASX shares, Global shares, Options trading, ETFs
Trade with Australia's largest online stockbroking firm.
Enjoy fast, simple and affordable trades, with market leading research and broker recommendations all in one platform
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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Paycom Software stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Paycom Software share growth calculator

US$

Use the fields above to explore the returns from a historical investment. Please refer to the charts further up this page to see performance over 5 years, or other periods. Past performance doesn't indicate future results. Capital is at risk.

Considering buying Paycom Software shares?

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Paycom Software price performance over time

Historical closes compared with the last close of $383.59

1 week (2021-11-23) -14.45%
1 month (2021-11-03) -25.13%
3 months (2021-09-03) -22.70%
6 months (2021-06-02) 18.10%
1 year (2020-12-03) -10.48%
2 years (2019-12-02) 42.58%
3 years (2018-11-30) 188.91%
5 years (2016-12-02) 781.01%

Is Paycom Software under- or over-valued?

Valuing Paycom Software stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Paycom Software's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Paycom Software's P/E ratio

Paycom Software's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 148x. In other words, Paycom Software shares trade at around 148x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Paycom Software's PEG ratio

Paycom Software's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.7462. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Paycom Software's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Paycom Software's EBITDA

Paycom Software's EBITDA (earnings before interest, taxes, depreciation and amortisation) is US$256.6 million (£0.0 million).

The EBITDA is a measure of a Paycom Software's overall financial performance and is widely used to measure a its profitability.

Paycom Software financials

Revenue TTM US$991.5 million
Operating margin TTM 22.31%
Gross profit TTM US$743.7 million
Return on assets TTM 4.13%
Return on equity TTM 23.55%
Profit margin 17.31%
Book value 14.231
Market capitalisation US$26.3 billion

TTM: trailing 12 months

Paycom Software share dividends

We're not expecting Paycom Software to pay a dividend over the next 12 months.

Paycom Software share price volatility

Over the last 12 months, Paycom Software's shares have ranged in value from as little as US$302.44 up to US$558.97. A popular way to gauge a stock's volatility is its "beta".

PAYC.US volatility(beta: 1.4)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Paycom Software's is 1.3953. This would suggest that Paycom Software's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Paycom Software overview

Paycom Software, Inc. provides cloud-based human capital management (HCM) solution delivered as software-as-a-service for small to mid-sized companies in the United States. It offers functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. The company's HCM solution provides a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, e-verify, and tax credit services; and time and labor management, such as time and attendance, scheduling/schedule exchange, time-off requests, labor allocation, labor management reports/push reporting, and geofencing/geotracking. Its HCM solution also offers payroll applications comprising payroll and tax management, Paycom pay, expense management, mileage tracker/fixed and variable rates, garnishment management, and GL concierge applications; and talent management applications that include employee self-service, compensation budgeting, performance management, and Paycom learning, course content, and subscriptions, as well as my analytics, which offer employment predictor reporting. In addition, the company's HCM solution provides HR management applications comprising manager on-the-go that gives supervisors and managers the ability to perform a variety of tasks, such as approving time-off requests and expense reimbursements; direct data exchange; ask here, a tool for direct line of communication to ask work-related questions; document and checklist; government and compliance; benefits administration/benefits to carrier; COBRA administration; personnel action forms; surveys; and affordable care act applications. Paycom Software, Inc. was founded in 1998 and is headquartered in Oklahoma City, Oklahoma.

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