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Paylocity (PCTY)
NASDAQ:PCTY
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PCTY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.94 - $215.68
Previous Close$197.79
Volume548.70K
Average Volume (3M)441.67K
Market Cap
$11.03B
Enterprise Value$10.62B
Total Cash (Recent Filing)$778.55M
Total Debt (Recent Filing)$370.66M
Price to Earnings (P/E)50.6
Beta1.13
Next Earnings
Jan 30, 2025EPS Estimate
$1.42Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.90
Shares Outstanding55,746,768
10 Day Avg. Volume535,201
30 Day Avg. Volume441,666
Standard Deviation0.12
R-Squared0.17
Alpha0.00559
Financial Highlights & Ratios
Price to Book (P/B)9.97
Price to Sales (P/S)7.91
Price to Cash Flow (P/CF)31.30
P/FCF Ratio38.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue7.78
Enterprise Value/Gross Profit11.05
Enterprise Value/Ebitda33.94
Forecast
1Y Price Target
$203.86Price Target Upside3.07% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering16
Paylocity News
Bulls Say, Bears Say
Bulls Say
Financial PerformancePaylocity reported results that beat consensus on revenue and adjusted EBITDA margin, driven by increasing automation and robust first-quarter performance.
Market OpportunityThe acquisition of Airbase allows Paylocity to offer a suite of finance products, significantly expanding its market opportunity and enhancing cross-sell potential.
Product InnovationThe introduction of Paylocity's AI Assistant and the launch of a Headcount planning tool demonstrate the company's commitment to innovation and expanding its platform's capabilities.
Bears Say
Competitive RisksLimited opportunity for PCTY to generate competitive advantages in a saturated and highly competitive industry.
Financial PerformanceFree cash flow margins are lowered based on reduced adjusted EBITDA margins and higher interest expenses to finance the acquisition.
Integration ChallengesIntegrating Airbase spend tools into the HCM platform will take time, and a 'full' HCM and Spend combined offering is unlikely to ramp quickly.
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Ownership Overview
21.59% Insiders
30.84% Mutual Funds
27.09% Other Institutional Investors
3.50% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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PCTY FAQ
What was Paylocity’s price range in the past 12 months?
Paylocity lowest stock price was $129.94 and its highest was $215.68 in the past 12 months.
What is Paylocity’s market cap?
Currently, no data Available
When is Paylocity’s upcoming earnings report date?
Paylocity’s upcoming earnings report date is Jan 30, 2025 which is in 70 days.
How were Paylocity’s earnings last quarter?
Paylocity released its earnings results on Oct 30, 2024. The company reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.487 by $0.173.
Is Paylocity overvalued?
According to Wall Street analysts Paylocity’s price is currently Undervalued.
Does Paylocity pay dividends?
Paylocity does not currently pay dividends.
What is Paylocity’s EPS estimate?
Paylocity’s EPS estimate is $1.42.
How many shares outstanding does Paylocity have?
Paylocity has 55,746,770 shares outstanding.
What happened to Paylocity’s price movement after its last earnings report?
Paylocity reported an EPS of $1.66 in its last earnings report, beating expectations of $1.487. Following the earnings report the stock price went up 3.598%.
Which hedge fund is a major shareholder of Paylocity?
Among the largest hedge funds holding Paylocity’s share is Fisher Asset Management LLC. It holds Paylocity’s shares valued at 12M.
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Paylocity Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$203.86 (3.07% Upside)
$203.86 (3.07% Upside)
Blogger Sentiment
Bullish
PCTY Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Increased
By 7.0 Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $80.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 8.2%
Last 30 Days ▲ 8.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
28.28%
12-Months-Change
Fundamentals
Return on Equity
22.20%
Trailing 12-Months
Asset Growth
10.37%
Trailing 12-Months
Company Description
Paylocity
Paylocity Holding Corp. engages in the development and provision of cloud-based software solution. It offers cloud-based payroll, human capital management applications, time labor tracking, benefits administration, and talent management. The company was founded on November 6, 2013 and is headquartered in Arlington Heights, IL.
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PCTY Earnings Call
Q1 2024
0:00 / 0:00
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PCTY Stock 12 Month Forecast
Average Price Target
$203.86
▲(3.07% Upside)
Technical Analysis
Best Analysts Covering PCTY
1 Year
1 Year Success Rate
20/27 ratings generated profit
1 Year Average Return
+22.50%
assigned a buy rating 5 months ago
Copying Mark Marcon's trades and holding each position for 1 Year would result in 74.07% of your transactions generating a profit, with an average return of +22.50% per trade.
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