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Paylocity (PCTY) Competitors

$139.51
-1.03 (-0.73%)
(As of 06/7/2024 ET)

PCTY vs. PAYC, GWRE, ESTC, CSOD, APPN, HUBS, MSTR, VEEV, ANSS, and TTWO

Should you be buying Paylocity stock or one of its competitors? The main competitors of Paylocity include Paycom Software (PAYC), Guidewire Software (GWRE), Elastic (ESTC), Cornerstone OnDemand (CSOD), Appian (APPN), HubSpot (HUBS), MicroStrategy (MSTR), Veeva Systems (VEEV), ANSYS (ANSS), and Take-Two Interactive Software (TTWO).

Paylocity vs.

Paylocity (NASDAQ:PCTY) and Paycom Software (NYSE:PAYC) are both mid-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their media sentiment, valuation, dividends, community ranking, institutional ownership, analyst recommendations, risk, profitability and earnings.

94.8% of Paylocity shares are owned by institutional investors. Comparatively, 87.8% of Paycom Software shares are owned by institutional investors. 22.5% of Paylocity shares are owned by insiders. Comparatively, 14.5% of Paycom Software shares are owned by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Paycom Software had 8 more articles in the media than Paylocity. MarketBeat recorded 18 mentions for Paycom Software and 10 mentions for Paylocity. Paylocity's average media sentiment score of 0.65 beat Paycom Software's score of 0.62 indicating that Paylocity is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paylocity
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive
Paycom Software
10 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

Paycom Software has higher revenue and earnings than Paylocity. Paycom Software is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paylocity$1.17B6.70$140.82M$3.4440.56
Paycom Software$1.69B4.99$340.79M$8.2117.70

Paylocity currently has a consensus price target of $195.69, suggesting a potential upside of 40.27%. Paycom Software has a consensus price target of $246.31, suggesting a potential upside of 69.48%. Given Paycom Software's higher possible upside, analysts clearly believe Paycom Software is more favorable than Paylocity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paylocity
0 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.56
Paycom Software
0 Sell rating(s)
16 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.16

Paylocity has a beta of 0.89, meaning that its stock price is 11% less volatile than the S&P 500. Comparatively, Paycom Software has a beta of 1.17, meaning that its stock price is 17% more volatile than the S&P 500.

Paycom Software has a net margin of 26.91% compared to Paylocity's net margin of 14.42%. Paycom Software's return on equity of 32.84% beat Paylocity's return on equity.

Company Net Margins Return on Equity Return on Assets
Paylocity14.42% 22.08% 5.03%
Paycom Software 26.91%32.84%10.93%

Paycom Software received 151 more outperform votes than Paylocity when rated by MarketBeat users. However, 67.68% of users gave Paylocity an outperform vote while only 65.12% of users gave Paycom Software an outperform vote.

CompanyUnderperformOutperform
PaylocityOutperform Votes
536
67.68%
Underperform Votes
256
32.32%
Paycom SoftwareOutperform Votes
687
65.12%
Underperform Votes
368
34.88%

Summary

Paycom Software beats Paylocity on 10 of the 18 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PCTY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PCTY vs. The Competition

MetricPaylocityPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$7.93B$21.44B$21.80B$8.17B
Dividend YieldN/A2.11%2.71%4.04%
P/E Ratio40.5663.16239.0316.97
Price / Sales6.7064.11544.2782.88
Price / Cash37.9867.1130.7030.78
Price / Book9.269.546.814.33
Net Income$140.82M$363.36M$630.28M$216.21M
7 Day Performance-1.87%0.31%-0.22%-1.43%
1 Month Performance-17.10%-4.67%0.52%-0.59%
1 Year Performance-24.83%4.69%12.36%3.58%

Paylocity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PAYC
Paycom Software
4.9965 of 5 stars
$144.38
-1.5%
$246.31
+70.6%
-52.0%$8.39B$1.69B17.597,308Insider Selling
GWRE
Guidewire Software
3.0067 of 5 stars
$127.10
+17.6%
$115.80
-8.9%
+79.5%$10.46B$905.34M-205.003,415Analyst Forecast
News Coverage
High Trading Volume
ESTC
Elastic
1.3761 of 5 stars
$107.20
+4.1%
$118.05
+10.1%
+65.7%$10.81B$1.27B202.262,886
CSOD
Cornerstone OnDemand
0 of 5 stars
$57.49
flat
N/AN/A$3.84B$740.92M-133.692,900
APPN
Appian
4.0583 of 5 stars
$28.49
+1.5%
$46.43
+63.0%
-40.8%$2.06B$545.36M-19.382,243Positive News
HUBS
HubSpot
3.5657 of 5 stars
$605.52
-0.6%
$640.04
+5.7%
+18.5%$30.86B$2.17B-228.507,663Positive News
MSTR
MicroStrategy
2.8732 of 5 stars
$1,694.69
+3.4%
$1,793.00
+5.8%
+448.9%$30.06B$496.26M-252.941,934Gap Up
VEEV
Veeva Systems
4.7519 of 5 stars
$181.68
+1.5%
$228.25
+25.6%
-3.0%$29.31B$2.36B53.597,172Insider Selling
ANSS
ANSYS
3.4918 of 5 stars
$327.07
+3.1%
$320.00
-2.2%
+3.7%$28.55B$2.27B65.686,200Positive News
TTWO
Take-Two Interactive Software
4.082 of 5 stars
$167.43
+0.9%
$177.22
+5.8%
+24.6%$28.44B$5.35B-7.6212,371Analyst Forecast
Positive News

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This page (NASDAQ:PCTY) was last updated on 6/8/2024 by MarketBeat.com Staff

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