Paycom PLUMMETS Because Of...a Great New Product? | $PAYC Q3 2023 Earnings Analysis

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  • Опубликовано: 27 сен 2024
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Комментарии • 35

  • @jwilliams7734
    @jwilliams7734 11 месяцев назад +9

    Great Analysis! I love how you quantify everything in a easily understood way. I feel they are keeping prices low on BETI over the next year to attract enterprise customers then they will raise prices which will work if this product is sticky (most payroll software is). You don't want to telegraph future price hikes on a earnings call.

    • @joefarah
      @joefarah 11 месяцев назад +2

      you know … you do make a good point. When I listened to the conference call and they were asked about future price increases, they dodged that question and answer that poorly and mention that they simply want to do right by their customers but yeah, a conference call is not the place to telegraph future price increases to potential customers.

  • @Martin-qm2lg
    @Martin-qm2lg 11 месяцев назад +4

    Huge news and big move in the stock. But I still like this long term. I think I’ll add.

  • @Aivern
    @Aivern 11 месяцев назад +15

    why are u crying my man

  • @suveerarora5593
    @suveerarora5593 11 месяцев назад +1

    great analysis thanks am thinking of buying after the dust settles

  • @langa1533
    @langa1533 11 месяцев назад +3

    0:17 meme minted🙈

  • @FlyoverGroup
    @FlyoverGroup 11 месяцев назад

    Just doubled my investment in the stock. Thanks for the overview!

  • @MeBee-fl2ow
    @MeBee-fl2ow 11 месяцев назад +2

    I think you missed the change in strategic positioning. this makes nervous. will they take market share of the others or fail?

    • @stoffelbrian
      @stoffelbrian 11 месяцев назад +1

      That is exactly the question you should be asking

  • @mr9977
    @mr9977 11 месяцев назад

    Thanks for super early review!

  • @guyredares
    @guyredares 11 месяцев назад +4

    man the last few years since you created this channel you got massacred

    • @thelifeofpablo6626
      @thelifeofpablo6626 11 месяцев назад +4

      That happens when you say „valuation doesn’t matter“

    • @guyredares
      @guyredares 11 месяцев назад

      @thelifeofpablo6626 of course it doesn't when you want to sell courses and books

  • @UziGameGP
    @UziGameGP 11 месяцев назад

    40% drop, wasn't it halted?

    • @R3tr0v1ru5
      @R3tr0v1ru5 10 месяцев назад

      Halting doesn't do anything.

  • @gyydo1
    @gyydo1 11 месяцев назад

    Couldn't mangement saw this coming?

  • @user-qt9hd3qz1b
    @user-qt9hd3qz1b 11 месяцев назад

    I am dieing… I am down 180000k what should I do

    • @joefarah
      @joefarah 11 месяцев назад

      Not overweight a stock or go all in on it

    • @daniell6303
      @daniell6303 11 месяцев назад

      Forget about that money for the next 8 years. At least you get some div

  • @JordanReee
    @JordanReee 11 месяцев назад

    Lol good luck with this company 😂 this is why you wont hold through earnings, especially not in a market like this.

  • @user-td5np
    @user-td5np 11 месяцев назад +10

    The ceo managed to dodge all questions from the analysts. FYI: Beti was there since 2021
    Since the Earnings call was not very transparent, I would assume the worst. They are either killed by the competition, losing existing customers because of high interest rates and bankruptcies, struggling to compete upmarket with workday

    • @brianwest7344
      @brianwest7344 11 месяцев назад

      If they cant compete with workday they are in trouble. I have to use workday and it is one of the worst tools I've ever used.

  • @cassokon
    @cassokon 11 месяцев назад

    Was hoping for an AMD analysis

  • @ahsanawan765
    @ahsanawan765 11 месяцев назад

    Is Paycom same as PayPal ?