PCTY vs. MNDY, GTLB, U, DAY, CDAY, INFA, GWRE, DBX, DSGX, and APPF
Should you be buying Paylocity stock or one of its competitors? The main competitors of Paylocity include monday.com (MNDY), GitLab (GTLB), Unity Software (U), Dayforce (DAY), Ceridian HCM (CDAY), Informatica (INFA), Guidewire Software (GWRE), Dropbox (DBX), The Descartes Systems Group (DSGX), and AppFolio (APPF). These companies are all part of the "prepackaged software" industry.
Paylocity (NASDAQ:PCTY) and monday.com (NASDAQ:MNDY) are both mid-cap computer and technology companies, but which is the better business? We will compare the two businesses based on the strength of their valuation, risk, community ranking, profitability, institutional ownership, media sentiment, earnings, dividends and analyst recommendations.
Paylocity has a beta of 0.87, meaning that its stock price is 13% less volatile than the S&P 500. Comparatively, monday.com has a beta of 1.18, meaning that its stock price is 18% more volatile than the S&P 500.
Paylocity currently has a consensus price target of $205.13, suggesting a potential upside of 33.82%. monday.com has a consensus price target of $240.00, suggesting a potential upside of 30.48%. Given Paylocity's higher possible upside, equities analysts clearly believe Paylocity is more favorable than monday.com.
Paylocity received 452 more outperform votes than monday.com when rated by MarketBeat users. Likewise, 67.64% of users gave Paylocity an outperform vote while only 59.85% of users gave monday.com an outperform vote.
94.8% of Paylocity shares are owned by institutional investors. Comparatively, 73.7% of monday.com shares are owned by institutional investors. 22.5% of Paylocity shares are owned by company insiders. Comparatively, 22.3% of monday.com shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.
Paylocity has higher revenue and earnings than monday.com. monday.com is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.
In the previous week, monday.com had 9 more articles in the media than Paylocity. MarketBeat recorded 13 mentions for monday.com and 4 mentions for Paylocity. Paylocity's average media sentiment score of 1.38 beat monday.com's score of 0.42 indicating that Paylocity is being referred to more favorably in the media.
Paylocity has a net margin of 12.96% compared to monday.com's net margin of -0.26%. Paylocity's return on equity of 21.37% beat monday.com's return on equity.
Summary
Paylocity beats monday.com on 13 of the 18 factors compared between the two stocks.
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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.
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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