Paycom
PAYCMarket price data through November 12, 2026.
Performance
Nov 2021 – Nov 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- +52%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$164
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- September 2024
- The month this stock first became a Benson pick.
- Tracking duration
- 26 months
- How long Benson has been tracking this pick.
About Paycom
Paycom Software runs a cloud platform that handles payroll, hiring, benefits, and time tracking for businesses of all sizes. Companies enter their employees once, and Paycom automates the paperwork that used to take up whole HR departments. It also has a built-in AI assistant called IWant that answers questions about employee data instantly.
The case for and against
Both sides of the story, in plain English.
- Profit Jump
Paycom made 544 million dollars in revenue this quarter, up 10 percent from a year ago. Profit rose to 133 million dollars, so 24 cents of every sales dollar became profit, up from about 22 cents last year. Profit per share jumped more than 50 percent to 2.99 dollars, helped by the company cutting its share count.
- Recurring Riches
About 95 percent of Paycom's money is recurring, meaning 519 million dollars this quarter came from customers who pay again automatically. That recurring slice grew 11 percent, faster than the company overall. That steady stream is why management raised its full year outlook again, now calling for 2.21 to 2.22 billion dollars in revenue.
- Single Digits
Even after a solid quarter, full year guidance calls for only about 8 percent revenue growth, a long way from the 20 percent plus pace Paycom used to deliver. Payroll software is a crowded field, and giants like ADP and Paychex are fighting for the same customers. Paycom's revenue also rises and falls with how many people its clients employ, so a hiring slowdown hits sales directly.
- Shrinking Cushion
Cash on hand fell from 370 million dollars at the end of last year to 194 million by September, largely because of heavy stock buybacks. That leaves a thinner cushion if the job market softens. Paycom also expects about 107 million dollars this year from interest it earns on client payroll money it holds, and that income shrinks if interest rates fall.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-11-12. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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