Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Paylocity (PCTY)
NASDAQ:PCTY
Holding PCTY?
Track your performance easily
PCTY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$129.94 - $206.28
Previous Close$167.2
Volume230.40K
Average Volume (3M)490.48K
Market Cap
$9.29B
Enterprise Value$8.94B
Total Cash (Recent Filing)$401.81M
Total Debt (Recent Filing)$46.81M
Price to Earnings (P/E)46.0
Beta1.16
Next Earnings
Oct 31, 2024EPS Estimate
$1.41Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.63
Shares Outstanding55,567,199
10 Day Avg. Volume368,263
30 Day Avg. Volume490,481
Standard Deviation0.12
R-Squared0.18
Alpha0.00377
Financial Highlights & Ratios
Price to Book (P/B)8.97
Price to Sales (P/S)6.62
Price to Cash Flow (P/CF)29.10
P/FCF Ratio40.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.92
Enterprise Value/Gross Profit9.30
Enterprise Value/Ebitda40.41
Forecast
1Y Price Target
$186.77Price Target Upside11.94% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering14
Paylocity News
PremiumCompany Announcements
Paylocity’s Strategic Acquisition of Airbase Awaits Approval
Bulls Say, Bears Say
Bulls Say
Acquisition And ExpansionPaylocity's completion of its acquisition of Airbase adds a broad suite of spend management features to its platform, expected to drive renewed growth and offer significant opportunities for mid-market expansion.
Financial Strength And Growth PotentialThe strong free cash flow and solid balance sheet of Paylocity's core business are viewed positively, positioning the company for potential margin upside and durable growth.
Strategic Product DevelopmentPaylocity has released higher-margin new products, such as its Learning Management System, Premium Video, and Onboarding solutions, which contribute positively to profitability and future growth.
Bears Say
Competitive LandscapeLimited opportunity for PCTY to generate competitive advantages in a saturated and highly competitive industry.
EarningsRevenue estimates were lowered to reflect the latest FF rate assumptions and moderately lower projected growth.
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.
---
Ownership Overview
22.27% Insiders
30.15% Mutual Funds
0.37% Other Institutional Investors
30.17% 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.
---
PCTY FAQ
What was Paylocity’s price range in the past 12 months?
Paylocity lowest stock price was $129.94 and its highest was $206.28 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 Oct 31, 2024 which is in 25 days.
How were Paylocity’s earnings last quarter?
Paylocity released its earnings results on Aug 01, 2024. The company reported $1.48 earnings per share for the quarter, beating the consensus estimate of $1.291 by $0.189.
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 $1.41.
How many shares outstanding does Paylocity have?
Paylocity has 55,567,200 shares outstanding.
What happened to Paylocity’s price movement after its last earnings report?
Paylocity reported an EPS of $1.48 in its last earnings report, beating expectations of $1.291. Following the earnings report the stock price went up 6.652%.
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 10M.
---
Paylocity Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$186.77 (11.94% Upside)
$186.77 (11.94% Upside)
Blogger Sentiment
Bullish
PCTY Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 43.9K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $94.1K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 3.2%
Last 30 Days ▼ 6.3%
Last 30 Days ▼ 6.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-9.65%
12-Months-Change
Fundamentals
Return on Equity
22.04%
Trailing 12-Months
Asset Growth
14.88%
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.
---
PCTY Company Deck
---
PCTY Earnings Call
Q4 2024
0:00 / 0:00
---
PCTY Stock 12 Month Forecast
Average Price Target
$186.77
▲(11.94% Upside)
Technical Analysis
Best Analysts Covering PCTY
1 Year
1 Year Success Rate
15/22 ratings generated profit
1 Year Average Return
+18.30%
reiterated a buy rating last month
Copying Terry Tillman's trades and holding each position for 1 Year would result in 68.18% of your transactions generating a profit, with an average return of +18.30% per trade.
---