/Paycom%20Software%20Inc%20logo%20and%20website-by%20T_Schneider%20via%20Shutterstock.jpg)
Based in Oklahoma City, Paycom Software, Inc. (PAYC) provides cloud-based human capital management (HCM) software, offering integrated employee records and talent management solutions. Valued at a market cap of $9.5 billion, its platform covers the entire employment life cycle, from recruitment to retirement, and includes services like payroll, benefits administration, and HR management.
PAYC shares have significantly underperformed the broader market over the last year. The stock has plunged 42.5% over this time frame, while the broader S&P 500 Index ($SPX) has surged 27.5%. In 2024, the stock is down 20.4%, lagging SPX's 17.8% gains on a YTD basis.