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Paylocity (PCTY)
NASDAQ:PCTY
Paylocity (PCTY) Stock Price & Analysis
456 Followers
PCTY Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$139.40 - $230.52
Previous Close$172.97
Volume275.24K
Average Volume (3M)448.22K
Market Cap
$9.76B
Enterprise Value$9.44B
Total Cash (Recent Filing)$366.90M
Total Debt (Recent Filing)$50.96M
Price to Earnings (P/E)50.4
Beta1.41
Next Earnings
Aug 01, 2024EPS Estimate
$1.29Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)3.43
Shares Outstanding56,431,253
10 Day Avg. Volume549,193
30 Day Avg. Volume448,220
Standard Deviation0.12
R-Squared0.16
Alpha0.00549
Financial Highlights & Ratios
Price to Book (P/B)13.10
Price to Sales (P/S)31.64
Price to Cash Flow (P/CF)32.40
P/FCF Ratio42.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.86
Enterprise Value/Gross Profit11.70
Enterprise Value/Ebitda41.77
Forecast
1Y Price Target
$192.33Price Target Upside11.19% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering15
Paylocity News
Bulls Say, Bears Say
Bulls Say
Financial Stability And Shareholder ValueThe company announced a $500M share repurchase program, signaling confidence in its financial stability and commitment to delivering shareholder value.
Operational Excellence And Market SharePaylocity delivered excellent results that exceeded guidance on all key metrics, indicating strong company performance and continuing to gain market share through its modern, differentiated solution.
Product Momentum And GrowthDayforce is benefiting from momentum in selling its full suite of HCM products, strength in Go-Lives, and large pipeline of enterprise deals.
Bears Say
Financial Guidance And Growth ExpectationsThe analyst lowers the price target from $170 to $155 due to multiple headwinds, reflecting limited growth expectations and a more cautious outlook on the company's financial performance.
Product Cannibalization And Customer RetentionThe company faces challenges such as Beti cannibalization, increasing churn, which could signal weakening customer loyalty and product appeal.
Sales Performance And Economic ConditionsSales cycles for larger accounts are taking longer with new representatives needing more time to close deals, indicating sales productivity issues amidst a challenging economic climate.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
PCTY FAQ
What was Paylocity’s price range in the past 12 months?
Paylocity lowest stock price was $139.40 and its highest was $230.52 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 Aug 01, 2024 which is in 75 days.
How were Paylocity’s earnings last quarter?
Paylocity released its earnings results on May 02, 2024. The company reported $2.21 earnings per share for the quarter, beating the consensus estimate of $1.985 by $0.225.
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 $1.29.
How many shares outstanding does Paylocity have?
Paylocity has 56,431,250 shares outstanding.
What happened to Paylocity’s price movement after its last earnings report?
Paylocity reported an EPS of $2.21 in its last earnings report, beating expectations of $1.985. Following the earnings report the stock price went up 12.052%.
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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$192.33 (11.19% Upside)
$192.33 (11.19% Upside)
Blogger Sentiment
Bullish
PCTY Sentiment 87%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 1.1M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $17.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 5.8%
Last 30 Days ▼ 6.1%
Last 30 Days ▼ 6.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
1.28%
12-Months-Change
Fundamentals
Return on Equity
20.90%
Trailing 12-Months
Asset Growth
18.11%
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 Company Deck
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PCTY Earnings Call
Q3 2024
0:00 / 0:00
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PCTY Stock 12 Month Forecast
Average Price Target
$192.33
▲(11.19% Upside)
Technical Analysis
Best Analysts Covering PCTY
1 Year
1 Year Success Rate
19/26 ratings generated profit
1 Year Average Return
+19.23%
reiterated a buy rating 17 days ago
Copying Mark Marcon's trades and holding each position for 1 Year would result in 73.08% of your transactions generating a profit, with an average return of +19.23% per trade.
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