Paycom Software, Inc. (PAYC) Reaches $93.33 52-Week High; Kennedy Capital Management Has Lowered By $378,045 Its Mylan Nv (MYL) Position

January 23, 2018 - By Marguerite Chambers

The stock of Paycom Software, Inc. (NYSE:PAYC) hit a new 52-week high and has $97.06 target or 4.00% above today’s $93.33 share price. The 7 months bullish chart indicates low risk for the $5.44 billion company. The 1-year high was reported on Jan, 23 by Barchart.com. If the $97.06 price target is reached, the company will be worth $217.52M more. The stock increased 1.10% or $1.02 during the last trading session, reaching $93.33. About 133,467 shares traded. Paycom Software, Inc. (NYSE:PAYC) has risen 61.78% since January 23, 2017 and is uptrending. It has outperformed by 45.08% the S&P500.

Kennedy Capital Management Inc decreased Mylan Nv (MYL) stake by 9.39% reported in 2017Q3 SEC filing. Kennedy Capital Management Inc sold 12,195 shares as Mylan Nv (MYL)’s stock declined 9.77%. The Kennedy Capital Management Inc holds 117,710 shares with $3.69M value, down from 129,905 last quarter. Mylan Nv now has $25.42 billion valuation. The stock decreased 0.55% or $0.26 during the last trading session, reaching $47.38. About 946,726 shares traded. Mylan N.V. (NASDAQ:MYL) has declined 7.73% since January 23, 2017 and is downtrending. It has underperformed by 24.43% the S&P500.

Among 18 analysts covering Paycom Software (NYSE:PAYC), 12 have Buy rating, 0 Sell and 6 Hold. Therefore 67% are positive. Paycom Software had 56 analyst reports since August 5, 2015 according to SRatingsIntel. As per Wednesday, November 1, the company rating was maintained by Barclays Capital. The firm earned “Buy” rating on Wednesday, August 2 by Canaccord Genuity. Robert W. Baird maintained the shares of PAYC in report on Wednesday, November 1 with “Buy” rating. The firm has “Outperform” rating by Oppenheimer given on Wednesday, November 1. The stock has “Buy” rating by Wells Fargo on Wednesday, November 1. The rating was maintained by Barclays Capital with “Overweight” on Friday, July 15. The firm has “Buy” rating given on Wednesday, August 5 by Stifel Nicolaus. Credit Suisse maintained the shares of PAYC in report on Wednesday, August 2 with “Outperform” rating. Canaccord Genuity maintained it with “Buy” rating and $8000 target in Monday, June 26 report. As per Wednesday, November 1, the company rating was downgraded by Credit Suisse.

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 87.96 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.

Analysts await Paycom Software, Inc. (NYSE:PAYC) to report earnings on February, 14. They expect $0.15 earnings per share, 0.00% or $0.00 from last year’s $0.15 per share. PAYC’s profit will be $8.74 million for 155.55 P/E if the $0.15 EPS becomes a reality. After $0.24 actual earnings per share reported by Paycom Software, Inc. for the previous quarter, Wall Street now forecasts -37.50% negative EPS growth.

Among 21 analysts covering Mylan Inc. (NASDAQ:MYL), 13 have Buy rating, 0 Sell and 8 Hold. Therefore 62% are positive. Mylan Inc. had 62 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Neutral” rating by Citigroup given on Thursday, January 5. On Monday, July 27 the stock rating was downgraded by Cowen & Co to “Market Perform”. Leerink Swann maintained the stock with “Outperform” rating in Monday, August 15 report. On Wednesday, August 9 the stock rating was maintained by Cantor Fitzgerald with “Hold”. The firm has “Buy” rating given on Monday, October 23 by Mizuho. The stock of Mylan N.V. (NASDAQ:MYL) earned “Buy” rating by UBS on Monday, December 4. The company was upgraded on Thursday, January 11 by Goldman Sachs. The stock of Mylan N.V. (NASDAQ:MYL) has “Sector Perform” rating given on Tuesday, September 6 by RBC Capital Markets. Susquehanna maintained Mylan N.V. (NASDAQ:MYL) on Tuesday, November 7 with “Buy” rating. The rating was maintained by RBC Capital Markets with “Hold” on Friday, July 14.

Investors sentiment decreased to 0.33 in Q3 2017. Its down 1.00, from 1.33 in 2017Q2. It dropped, as 3 investors sold MYL shares while 0 reduced holdings. 1 funds opened positions while 0 raised stakes. 155,019 shares or 7.99% less from 168,486 shares in 2017Q2 were reported. Vantage Advsrs Ltd Liability Com accumulated 0.01% or 712 shares. Gulf International National Bank & Trust (Uk) Limited owns 139,930 shares.

Kennedy Capital Management Inc increased Skechers Usa Inc Class A (NYSE:SKX) stake by 50,906 shares to 694,104 valued at $17.42M in 2017Q3. It also upped Ttm Technologies Inc (NASDAQ:TTMI) stake by 1.50 million shares and now owns 2.21M shares. Peoples Financial Services Cor (NASDAQ:PFIS) was raised too.

Analysts await Mylan N.V. (NASDAQ:MYL) to report earnings on March, 7. They expect $1.40 EPS, down 10.83% or $0.17 from last year’s $1.57 per share. MYL’s profit will be $751.00 million for 8.46 P/E if the $1.40 EPS becomes a reality. After $1.10 actual EPS reported by Mylan N.V. for the previous quarter, Wall Street now forecasts 27.27% EPS growth.

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