NASDAQ:PCTY - Paylocity Stock Price, Forecast & News

Paylocity trades on the NASDAQ under the ticker symbol "PCTY."

Paylocity Holding Corp (NASDAQ:PCTY) issued its quarterly earnings results on Wednesday, October, 30th. The software maker reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.25. The software maker had revenue of $126.72 million for the quarter, compared to the consensus estimate of $124.15 million. Paylocity had a net margin of 11.78% and a return on equity of 19.03%. The company's revenue for the quarter was up 26.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.20 EPS. View Paylocity's Earnings History.

Paylocity is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Paylocity.

13 equities research analysts have issued 12-month price objectives for Paylocity's stock. Their forecasts range from $89.00 to $155.00. On average, they anticipate Paylocity's stock price to reach $114.64 in the next twelve months. This suggests that the stock has a possible downside of 19.0%. View Analyst Price Targets for Paylocity.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Paylocity.

News headlines about PCTY stock have been trending positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Paylocity earned a daily sentiment score of 3.0 on InfoTrie's scale. They also assigned news coverage about the software maker a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the near future. View News Stories for Paylocity.

Paylocity saw a increase in short interest in the month of December. As of December 13th, there was short interest totalling 1,330,000 shares, an increase of 11.8% from the November 28th total of 1,190,000 shares. Based on an average daily trading volume, of 301,400 shares, the short-interest ratio is currently 4.4 days. Currently, 3.9% of the company's shares are sold short. View Paylocity's Current Options Chain.

Some companies that are related to Paylocity include Square (SQ), Splunk (SPLK), Synopsys (SNPS), ANSYS (ANSS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), NortonLifeLock (NLOK), Symantec (SYMC), Check Point Software Technologies (CHKP), Paycom Software (PAYC), Twilio (TWLO), Atlassian (TEAM), SS&C Technologies (SSNC), Citrix Systems (CTXS) and Okta (OKTA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Paylocity investors own include Alibaba Group (BABA), Lululemon Athletica (LULU), NVIDIA (NVDA), Paycom Software (PAYC), Visa (V), Walt Disney (DIS), Cisco Systems (CSCO), Paypal (PYPL), salesforce.com (CRM) and Home Depot (HD).

Paylocity's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (1.26%), Summit Creek Advisors LLC (0.19%), Tocqueville Asset Management L.P. (0.09%), Archford Capital Strategies LLC (0.04%), Gradient Investments LLC (0.02%) and We Are One Seven LLC (0.01%). Company insiders that own Paylocity stock include Andrew Cappotelli, Edward W Gaty, Ellen Carnahan, Jeffrey T Diehl, Mark S Kinsey, Michael R Haske, Ronald V Waters, Steven I Sarowitz, Steven R Beauchamp and Toby J Williams. View Institutional Ownership Trends for Paylocity.

PCTY stock was sold by a variety of institutional investors in the last quarter, including Tocqueville Asset Management L.P., Riverbridge Partners LLC, Archford Capital Strategies LLC and Summit Creek Advisors LLC. Company insiders that have sold Paylocity company stock in the last year include Andrew Cappotelli, Edward W Gaty, Jeffrey T Diehl, Mark S Kinsey, Michael R Haske, Ronald V Waters, Steven I Sarowitz, Steven R Beauchamp and Toby J Williams. View Insider Buying and Selling for Paylocity.

PCTY stock was purchased by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Hanlon Investment Management Inc., Winslow Evans & Crocker Inc., Vigilant Capital Management LLC and We Are One Seven LLC. View Insider Buying and Selling for Paylocity.

Shares of PCTY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PCTY stock can currently be purchased for approximately $141.60.

Paylocity has a market capitalization of $7.58 billion and generates $467.63 million in revenue each year. The software maker earns $53.82 million in net income (profit) each year or $1.08 on an earnings per share basis. Paylocity employs 3,050 workers across the globe.View Additional Information About Paylocity.

The official website for Paylocity is http://www.paylocity.com/.

Paylocity's mailing address is 1400 AMERICAN LANE, SCHAUMBURG IL, 60173. The software maker can be reached via phone at 847-463-3200 or via email at [email protected]