Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Paycom Software Inc., a provider of comprehensive, cloud-based human capital management software, released its latest financial results and future focus areas in their First Quarter 2024 Financial Results.</li><li>The company reported Q1 revenue of $500 million, an 11% rise from the previous year, with recurring revenue making up 98% of the total.</li><li>GAAP net income was reported to be around $247 million, or $4.37 per diluted share based on approximately 57 million shares.</li></ul>

Paycom Software Inc., a provider of comprehensive, cloud-based human capital management software, released its latest financial results and future focus areas in their First Quarter 2024 Financial Results.The company reported Q1 revenue of $500 million, an 11% rise from the previous year, with recurring revenue making up 98% of the total.GAAP net income was reported to be around $247 million, or $4.37 per diluted share based on approximately 57 million shares.

Paycom Software: International Expansion and Globalisation Effort Paying Off? - Major Drivers

<ul><li>Paycom Software, Inc., a provider of comprehensive payroll and human capital management solutions, reported better-than-expected results for the fourth quarter and full year 2023 in their latest earnings call.</li><li>The company's revenue for the year was $1.694 billion, marking a growth of 23% compared to 2022, while total revenues for the fourth quarter were $435 million, reflecting a growth of 17% over the comparable prior-year period.</li><li>The growth in revenues was driven by new business wins, slightly counterbalanced by lower cross-selling to existing clients.</li></ul>

Paycom Software, Inc., a provider of comprehensive payroll and human capital management solutions, reported better-than-expected results for the fourth quarter and full year 2023 in their latest earnings call.The company's revenue for the year was $1.694 billion, marking a growth of 23% compared to 2022, while total revenues for the fourth quarter were $435 million, reflecting a growth of 17% over the comparable prior-year period.The growth in revenues was driven by new business wins, slightly counterbalanced by lower cross-selling to existing clients.

Paycom Software: 7 Biggest Elements That Could Affect Its Performance In 2024! - Financial Forecasts

<ul><li>Paycom Software delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but above-par earnings.</li><li>This led to flawless payrolls, minimizing errors and eliminating billable items such as corrections and unscheduled payrolls.</li><li>The company expects Q4 2023 total revenues from $420 million to $425 million, with adjusted EBITDA anticipated between $169 million and $174 million.</li></ul>

Paycom Software delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but above-par earnings.This led to flawless payrolls, minimizing errors and eliminating billable items such as corrections and unscheduled payrolls.The company expects Q4 2023 total revenues from $420 million to $425 million, with adjusted EBITDA anticipated between $169 million and $174 million.

Paycom Software Inc.: Beti System Is Revolutionizing Payroll Management! - Major Drivers

<ul><li>Paycom Software managed to exceed analyst expectations in terms of revenue and earnings.</li><li>The company's initiative to simplify clients' experiences was evident by introducing tools like Everyday and the Client Action Center.</li><li>As Paycom continues to execute its strategies and capitalize on its expanding market opportunities, its potential for sustained success remains promising.</li></ul>

Paycom Software managed to exceed analyst expectations in terms of revenue and earnings.The company's initiative to simplify clients' experiences was evident by introducing tools like Everyday and the Client Action Center.As Paycom continues to execute its strategies and capitalize on its expanding market opportunities, its potential for sustained success remains promising.

Paycom Software Inc.: Sustaining High Margins Amidst Rapid Expansion! - Major Drivers

<ul><li>Paycom Software had impressive results in the first quarter and managed an all-round beat with revenues of $452 million, up 28% year over year.</li><li>Employee self-service payroll continues to create significant client acquisitions for Beti, which remains a critical difference in the industry.</li><li>We give Paycom Software a 'Buy' rating with a revised target price.</li></ul>

Paycom Software had impressive results in the first quarter and managed an all-round beat with revenues of $452 million, up 28% year over year.Employee self-service payroll continues to create significant client acquisitions for Beti, which remains a critical difference in the industry.We give Paycom Software a 'Buy' rating with a revised target price.

Paycom Software Inc.: Launch of Global HCM & Other Drivers

United States

Paycom Software Inc provides cloud-based HCM software solution delivered as Software-as-a-Service.  The Company provides functionality and data analytics that businesses need to manage the complete employment life cycle from recruitment to retirement.

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Paycom Software (PAYC US)

Paycom Software: International Expansion and Globalisation Effort Paying Off? - Major Drivers

Paycom Software Inc., a provider of comprehensive, cloud-based human capital management software, released its latest financial results and future...

Baptista Research

Paycom Software: 7 Biggest Elements That Could Affect Its Performance In 2024! - Financial Forecasts

Paycom Software, Inc., a provider of comprehensive payroll and human capital management solutions, reported better-than-expected results for the...

Baptista Research

Paycom Software Inc.: Beti System Is Revolutionizing Payroll Management! - Major Drivers

Paycom Software delivered a mixed set of results in its most recent result, with revenues falling short of Wall Street expectations but above-par...

Baptista Research

Paycom Software Inc.: Sustaining High Margins Amidst Rapid Expansion! - Major Drivers

Paycom Software managed to exceed analyst expectations in terms of revenue and earnings. The company's initiative to simplify clients' experiences...

Baptista Research

Paycom Software Inc.: Launch of Global HCM & Other Drivers

Paycom Software had impressive results in the first quarter and managed an all-round beat with revenues of $452 million, up 28% year over...

Baptista Research

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