Paycom Software, Inc. (PAYC) Reaches $94.17 After 9.00% Up Move; Hydrogenics Has 2.67 Sentiment

February 15, 2018 - By Darrin Black

The stock of Paycom Software, Inc. (NYSE:PAYC) is a huge mover today! The stock increased 2.27% or $2.09 during the last trading session, reaching $94.17. About 383,325 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 61.78% since February 15, 2017 and is uptrending. It has outperformed by 45.08% the S&P500.The move comes after 6 months positive chart setup for the $5.44 billion company. It was reported on Feb, 15 by Barchart.com. We have $102.65 PT which if reached, will make NYSE:PAYC worth $489.78M more.

Hydrogenics Corporation, together with its subsidiaries, designs, develops, and makes hydrogen generation products based on water electrolysis technology; and fuel cell products based on proton exchange membrane technology. The company has market cap of $126.43 million. It operates in two divisions, OnSite Generation and Power Systems. It currently has negative earnings. The OnSite Generation segment develops products for industrial gas, hydrogen fueling, and renewable energy storage markets.

Analysts await Hydrogenics Corporation (NASDAQ:HYGS) to report earnings on March, 14. They expect $-0.04 EPS, up 80.00% or $0.16 from last year’s $-0.2 per share. After $-0.13 actual EPS reported by Hydrogenics Corporation for the previous quarter, Wall Street now forecasts -69.23% EPS growth.

Tsp Capital Management Group Llc holds 3.39% of its portfolio in Hydrogenics Corporation for 871,858 shares. Herald Investment Management Ltd owns 610,000 shares or 1.59% of their US portfolio. Moreover, Manatuck Hill Partners Llc has 0.94% invested in the company for 235,600 shares. The Wisconsin-based Heartland Advisors Inc has invested 0.5% in the stock. Granite Investment Partners Llc, a California-based fund reported 125,031 shares.

The stock decreased 2.64% or $0.22 during the last trading session, reaching $8.3. About 14,350 shares traded. Hydrogenics Corporation (HYGS) has risen 1.42% since February 15, 2017 and is uptrending. It has underperformed by 15.28% the S&P500.

Among 18 analysts covering Paycom Software (NYSE:PAYC), 13 have Buy rating, 0 Sell and 5 Hold. Therefore 72% are positive. Paycom Software had 64 analyst reports since August 5, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Monday, September 11 by Robert W. Baird. Canaccord Genuity maintained the stock with “Buy” rating in Sunday, July 30 report. Wells Fargo maintained Paycom Software, Inc. (NYSE:PAYC) rating on Wednesday, November 1. Wells Fargo has “Buy” rating and $89.0 target. The firm has “Neutral” rating by Mizuho given on Monday, July 10. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Buy” rating given on Friday, October 6 by Jefferies. The stock of Paycom Software, Inc. (NYSE:PAYC) has “Outperform” rating given on Wednesday, August 2 by Credit Suisse. Mizuho maintained it with “Hold” rating and $85.0 target in Tuesday, January 23 report. As per Wednesday, July 19, the company rating was maintained by RBC Capital Markets. The stock of Paycom Software, Inc. (NYSE:PAYC) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 5. Credit Suisse maintained Paycom Software, Inc. (NYSE:PAYC) on Wednesday, February 7 with “Neutral” rating.

Paycom Software, Inc. provides cloud human capital management software solution that is delivered as software-as-a-service for small to mid-sized companies in the United States. The company has market cap of $5.44 billion. It provides functionality and data analytics that businesses need to manage the employment life cycle from recruitment to retirement. It has a 83.34 P/E ratio. The company??s HCM solution offers a suite of applications in the areas of talent acquisition, including applicant tracking, candidate tracker, background checks, on-boarding, E-Verify, and tax credit service applications; 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 applications.

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