Paylocity Holding Corp Company Profile (NASDAQ:PCTY)

About Paylocity Holding Corp (NASDAQ:PCTY)

Paylocity Holding Corp logoPaylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM), software solutions for medium-sized organizations. The Company's services are provided in a software-as-a-service delivery model utilizing its cloud-based platform. The cloud-based platform provides a suite of applications using a multi-tenant architecture. The cloud-based platform features a suite of unified payroll and HCM applications. The Company, through cloud-based platform, offers various products, which include Paylocity Web Pay, Paylocity HR, Paylocity Affordable Care Act Enhanced, Paylocity Impressions, Performance Management, Self-Service HR Portals, Paylocity Recruiting, Paylocity Web Time, Paylocity Web Onboarding, and Paylocity Web Benefits and Paylocity Enterprise Benefits, Powered by bswift. The multi-tenant software platform is configurable and includes a unified suite of payroll and HCM applications, such as time and labor tracking, benefits and talent management.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Application Software
  • Sub-Industry: N/A
  • Symbol: NASDAQ:PCTY
  • CUSIP: N/A
  • Web:
  • Market Cap: $2.43 billion
  • Outstanding Shares: 51,510,000
Average Prices:
  • 50 Day Moving Avg: $41.75
  • 200 Day Moving Avg: $36.11
  • 52 Week Range: $29.69 - $49.65
  • Trailing P/E Ratio: 471.90
  • Foreward P/E Ratio: 61.29
  • P/E Growth: 2.45
Sales & Book Value:
  • Annual Revenue: $283.79 million
  • Price / Sales: 8.57
  • Book Value: $2.83 per share
  • Price / Book: 16.67
  • EBIDTA: $16.59 million
  • Net Margins: -1.32%
  • Return on Equity: -1.63%
  • Return on Assets: -0.15%
  • Current Ratio: 1.06%
  • Quick Ratio: 1.06%
  • Average Volume: 300,098 shs.
  • Beta: 2.22
  • Short Ratio: 11.94

Frequently Asked Questions for Paylocity Holding Corp (NASDAQ:PCTY)

What is Paylocity Holding Corp's stock symbol?

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

How were Paylocity Holding Corp's earnings last quarter?

Paylocity Holding Corp (NASDAQ:PCTY) announced its quarterly earnings results on Thursday, November, 3rd. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.04. The company earned $65 million during the quarter, compared to the consensus estimate of $63.58 million. Paylocity Holding Corp had a negative net margin of 1.32% and a negative return on equity of 1.63%. The company's revenue for the quarter was up 44.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.02 earnings per share. View Paylocity Holding Corp's Earnings History.

What guidance has Paylocity Holding Corp issued on next quarter's earnings?

Paylocity Holding Corp updated its fourth quarter earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of $0.00-0.02 for the period, compared to the Thomson Reuters consensus estimate of $0.02. The company issued revenue guidance of $73.1-74.1 million, compared to the consensus revenue estimate of $75.50 million.

Where is Paylocity Holding Corp's stock going? Where will Paylocity Holding Corp's stock price be in 2017?

12 brokers have issued 1 year target prices for Paylocity Holding Corp's shares. Their predictions range from $35.00 to $60.00. On average, they anticipate Paylocity Holding Corp's share price to reach $48.33 in the next twelve months. View Analyst Ratings for Paylocity Holding Corp.

What are analysts saying about Paylocity Holding Corp stock?

Here are some recent quotes from research analysts about Paylocity Holding Corp stock:

  • 1. According to Zacks Investment Research, "In the recently released quarterly results for the third quarter of fiscal 2017, Paylocity witnessed strong year over year growth in top and bottom lines. Buoyed by splendid quarterly performance, Paylocity raised its outlook for the current fiscal. We remain positive about Paylocity’s regular investments in SaaS technology. For the last few quarters, clients moving from traditional payroll service providers to the company’s SaaS-based services contributed significantly to its revenues. Hence, regular investments in technological upgrades, along with product innovation, will continue to boost the company’s top line. Such initiatives should also drive its forthcoming results. Also, higher adoption of Paylocity’s ACA dashboard application, specializing in tracking employee count, employee status and health care plan affordability, will act as a tailwind. Paylocity has outperformed the broader market in the last one year." (5/10/2017)
  • 2. Needham & Company LLC analysts commented, "Paylocity reported a very good 2Q, with solid revenue outperformance from recurring revenues and better than expected margin leverage with its $0.08 EPS outperformance. Although the future of ACA and the revenue associated with compliance remain a near-term headwind for PCTY, a deeper dive into the company's results show a strong core business ( +33% Y/Y FY17E revenue growth) and a compelling valuation at 4.1x EV/FY18 total revenues or 4.3x EV/FY recurring revenues for a company expected have double digit EBITDA margins and high 20% revenue growth in FY18. New modules continue to enhance the PCTY's product portfolio and we expect can drive consistent ARPU growth over the next several years as highlighted by the strong initial uptake in the company's new Recruiting module." (2/3/2017)

Who are some of Paylocity Holding Corp's key competitors?

Who owns Paylocity Holding Corp stock?

Paylocity Holding Corp's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (3.88%), FMR LLC (3.63%), Wells Fargo & Company MN (3.32%), TimesSquare Capital Management LLC (1.93%), Riverbridge Partners LLC (1.68%) and Janus Capital Management LLC (1.40%). Company insiders that own Paylocity Holding Corp stock include Adams Street Partners Llc, Edward W Gaty, Mark S Kinsey, Michael R Haske, Peter J Mcgrail, Steven I Sarowitz and Steven R Beauchamp. View Institutional Ownership Trends for Paylocity Holding Corp.

Who sold Paylocity Holding Corp stock? Who is selling Paylocity Holding Corp stock?

Paylocity Holding Corp's stock was sold by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Alliancebernstein L.P., Citadel Advisors LLC, TimesSquare Capital Management LLC, Wellington Management Group LLP, ShearLink Capital LLC, Kornitzer Capital Management Inc. KS and Eagle Asset Management Inc.. Company insiders that have sold Paylocity Holding Corp stock in the last year include Edward W Gaty, Mark S Kinsey, Michael R Haske, Peter J Mcgrail, Steven I Sarowitz and Steven R Beauchamp. View Insider Buying and Selling for Paylocity Holding Corp.

Who bought Paylocity Holding Corp stock? Who is buying Paylocity Holding Corp stock?

Paylocity Holding Corp's stock was purchased by a variety of institutional investors in the last quarter, including MARSHALL WACE ASIA Ltd, Marshall Wace North America L.P., Tudor Investment Corp ET AL, Artisan Partners Limited Partnership, Pier Capital LLC, Granahan Investment Management Inc. MA, FMR LLC and Summit Partners Public Asset Management LLC. View Insider Buying and Selling for Paylocity Holding Corp.

How do I buy Paylocity Holding Corp stock?

Shares of Paylocity Holding Corp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Paylocity Holding Corp stock cost?

One share of Paylocity Holding Corp stock can currently be purchased for approximately $47.19.

Analyst Ratings

Consensus Ratings for Paylocity Holding Corp (NASDAQ:PCTY) (?)
Ratings Breakdown: 5 Hold Ratings, 7 Buy Ratings
Consensus Rating:Buy (Score: 2.58)
Consensus Price Target: $48.33 (2.42% upside)

Analysts' Ratings History for Paylocity Holding Corp (NASDAQ:PCTY)
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/25/2017Needham & Company LLCBoost Price TargetBuy -> Buy$46.00 -> $52.00HighView Rating Details
5/25/2017Royal Bank of CanadaBoost Price TargetOutperform -> Outperform$47.00 -> $56.00HighView Rating Details
5/15/2017Deutsche Bank AGBoost Price TargetBuy$55.00 -> $60.00LowView Rating Details
5/12/2017Wells Fargo & CoReiterated RatingMarket PerformHighView Rating Details
5/4/2017Pacific CrestReiterated RatingHoldHighView Rating Details
3/3/2017MizuhoInitiated CoverageNeutral$35.00N/AView Rating Details
2/3/2017Bank of America CorpUpgradeUnderperform -> Buy$40.00N/AView Rating Details
2/3/2017JMP SecuritiesLower Price TargetOutperform$55.00 -> $50.00N/AView Rating Details
12/1/2016Oppenheimer Holdings Inc.Initiated CoverageMarket PerformN/AView Rating Details
11/4/2016First AnalysisUpgradeEqual Weight -> Overweight$48.00N/AView Rating Details
11/4/2016Craig HallumDowngradeBuy -> HoldN/AView Rating Details
8/10/2016Stifel NicolausBoost Price TargetBuy$43.00 -> $50.00N/AView Rating Details
5/8/2016Robert W. BairdReiterated RatingBuyN/AView Rating Details
11/20/2015Northland SecuritiesBoost Price TargetOutperform$43.00 -> $55.00N/AView Rating Details
8/14/2015William BlairReiterated RatingOutperformN/AView Rating Details
8/14/2015Raymond James Financial, Inc.Boost Price TargetOutperform$40.00 -> $42.00N/AView Rating Details
(Data available from 5/27/2015 forward)


Earnings History for Paylocity Holding Corp (NASDAQ:PCTY)
Earnings by Quarter for Paylocity Holding Corp (NASDAQ:PCTY)
Earnings History by Quarter for Paylocity Holding Corp (NASDAQ:PCTY)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/2/2017Q2 2017$0.03$0.10$68.42 million$68.70 millionViewListenView Earnings Details
11/3/2016Q1$0.03$0.07$63.58 million$65.00 millionViewN/AView Earnings Details
8/9/2016Q416($0.04)($0.01)$57.64 million$59.80 millionViewN/AView Earnings Details
5/5/2016Q3$0.14$0.21$67.26 million$70.57 millionViewN/AView Earnings Details
2/4/2016Q2($0.03)$0.08$48.63 million$55.20 millionViewN/AView Earnings Details
11/5/2015Q116($0.07)$0.02$41.73 million$45.10 millionViewN/AView Earnings Details
8/13/2015Q415($0.06)($0.03)$38.19 million$40.00 millionViewListenView Earnings Details
5/7/2015Q315$0.05$0.11$44.50 million$47.30 millionViewListenView Earnings Details
2/5/2015Q215($0.08)($0.05)$31.90 million$34.30 millionViewListenView Earnings Details
11/6/2014Q314($0.08)($0.03)$29.60 million$31.10 millionViewN/AView Earnings Details
8/14/2014Q214($0.05)($0.03)$26.71 million$28.60 millionViewN/AView Earnings Details
5/8/2014Q114($0.06)$0.04$30.03 million$33.80 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for Paylocity Holding Corp (NASDAQ:PCTY)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q2 20171($0.05)($0.05)($0.05)
Q3 20171$0.16$0.16$0.16
Q4 20171($0.04)($0.04)($0.04)
(Data provided by Zacks Investment Research)


Dividend History for Paylocity Holding Corp (NASDAQ:PCTY)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading and Institutional Ownership History for Paylocity Holding Corp (NASDAQ:PCTY)
Insider Ownership Percentage: 53.10%
Institutional Ownership Percentage: 62.91%
Insider Trades by Quarter for Paylocity Holding Corp (NASDAQ:PCTY)
Institutional Ownership by Quarter for Paylocity Holding Corp (NASDAQ:PCTY)
Insider Trades by Quarter for Paylocity Holding Corp (NASDAQ:PCTY)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
5/16/2017Steven I SarowitzDirectorSell27,301$45.05$1,229,910.05View SEC Filing  
5/15/2017Edward W GatySVPSell4,257$44.78$190,628.46View SEC Filing  
5/15/2017Mark S. KinseyInsiderSell1,000$44.52$44,520.00View SEC Filing  
5/15/2017Michael R HaskeVPSell100,000$44.62$4,462,000.00View SEC Filing  
5/12/2017Steven I SarowitzDirectorSell172,699$44.37$7,662,654.63View SEC Filing  
4/25/2017Michael R HaskeVPSell4,598$40.04$184,103.92View SEC Filing  
4/25/2017Steven I SarowitzDirectorSell3,588$40.04$143,663.52View SEC Filing  
4/25/2017Steven R BeauchampInsiderSell1,330$40.05$53,266.50View SEC Filing  
3/28/2017Steven I SarowitzDirectorSell50,000$38.09$1,904,500.00View SEC Filing  
3/28/2017Steven R BeauchampInsiderSell20,000$38.13$762,600.00View SEC Filing  
2/22/2017Steven I SarowitzDirectorSell25,000$37.00$925,000.00View SEC Filing  
2/16/2017Peter J McgrailCFOSell5,000$36.27$181,350.00View SEC Filing  
2/15/2017Steven R BeauchampInsiderSell20,000$36.09$721,800.00View SEC Filing  
2/9/2017Steven R BeauchampInsiderSell40,000$34.38$1,375,200.00View SEC Filing  
11/16/2016Peter J McgrailCFOSell5,000$34.28$171,400.00View SEC Filing  
9/13/2016Peter J McgrailCFOSell5,000$43.17$215,850.00View SEC Filing  
8/15/2016Michael R HaskeVPSell100,000$45.33$4,533,000.00View SEC Filing  
8/11/2016Steven R BeauchampInsiderSell100,000$45.52$4,552,000.00View SEC Filing  
6/7/2016Michael R HaskeVPSell60,000$38.93$2,335,800.00View SEC Filing  
6/7/2016Steven R BeauchampCEOSell20,000$40.01$800,200.00View SEC Filing  
6/2/2016Steven R BeauchampCEOSell20,000$38.13$762,600.00View SEC Filing  
5/26/2016Peter J McgrailCFOSell5,000$35.90$179,500.00View SEC Filing  
5/24/2016Steven R BeauchampCEOSell10,209$36.23$369,872.07View SEC Filing  
5/20/2016Michael R HaskeVPSell11,224$35.34$396,656.16View SEC Filing  
5/19/2016Michael R HaskeVPSell28,776$35.24$1,014,066.24View SEC Filing  
5/17/2016Steven R BeauchampCEOSell9,791$36.06$353,063.46View SEC Filing  
5/10/2016Steven R BeauchampCEOSell40,000$34.79$1,391,600.00View SEC Filing  
2/22/2016Steven R BeauchampCEOSell40,000$28.86$1,154,400.00View SEC Filing  
12/3/2015Michael R. HaskeVPSell50,000$43.54$2,177,000.00View SEC Filing  
11/30/2015Peter J. McgrailCFOSell25,184$43.87$1,104,822.08View SEC Filing  
11/30/2015Steven R. BeauchampCEOSell40,000$44.03$1,761,200.00View SEC Filing  
11/24/2015Adams Street Partners LlcMajor ShareholderSell1,500,000$42.50$63,750,000.00View SEC Filing  
11/24/2015Steven R BeauchampCEOSell100,000$42.50$4,250,000.00View SEC Filing  
10/8/2015Adams Street Partners LlcMajor ShareholderSell228,192$29.75$6,788,712.00View SEC Filing  
10/8/2015Steven I SarowitzDirectorSell332,808$29.75$9,901,038.00View SEC Filing  
9/30/2015Peter J. McgrailCFOSell40,000$29.75$1,190,000.00View SEC Filing  
9/30/2015Steven I SarowitzDirectorSell1,500,000$29.75$44,625,000.00View SEC Filing  
8/17/2015Steven R BeauchampCEOSell40,000$34.07$1,362,800.00View SEC Filing  
5/20/2015Adams Street Partners LlcMajor ShareholderSell973,161$32.00$31,141,152.00View SEC Filing  
5/15/2015Steven R BeauchampCEOSell40,000$33.25$1,330,000.00View SEC Filing  
5/12/2015Michael R HaskeVPSell35,000$33.74$1,180,900.00View SEC Filing  
3/12/2015Michael R HaskeVPSell38,000$29.08$1,105,040.00View SEC Filing  
1/9/2015Adams Street Partners LlcMajor ShareholderSell567,891$26.25$14,907,138.75View SEC Filing  
1/9/2015Jeffrey T DiehlDirectorSell148,891$26.25$3,908,388.75View SEC Filing  
1/9/2015Peter J McgrailCFOSell2,928$26.25$76,860.00View SEC Filing  
1/9/2015Steven R BeauchampCEOSell23,580$26.25$618,975.00View SEC Filing  
12/17/2014Adams Street Partners LlcMajor ShareholderSell1,628,283$26.25$42,742,428.75View SEC Filing  
12/17/2014Michael R HaskeVPSell38,442$26.25$1,009,102.50View SEC Filing  
12/17/2014Peter J McgrailCFOSell30,389$26.25$797,711.25View SEC Filing  
12/17/2014Steven I SarowitzDirectorSell1,908,081$26.25$50,087,126.25View SEC Filing  
12/17/2014Steven R BeauchampCEOSell244,805$26.25$6,426,131.25View SEC Filing  
11/13/2014Jenifer L PageVPSell25,676$26.78$687,603.28View SEC Filing  
3/24/2014Ronald V WatersDirectorBuy10,000$17.00$170,000.00View SEC Filing  
3/24/2014Steven I SarowitzMajor ShareholderSell1,666,666$17.00$28,333,322.00View SEC Filing  
(Data available from 1/1/2013 forward)


Headline Trends for Paylocity Holding Corp (NASDAQ:PCTY)
Latest Headlines for Paylocity Holding Corp (NASDAQ:PCTY)
DateHeadline logo$73.72 Million in Sales Expected for Paylocity Holding Corp (PCTY) This Quarter - May 26 at 1:48 PM logoPaylocity Holding (PCTY): Management Meeting Hints At Growth Ahead Of Expectations - Needham - May 26 at 5:46 AM logoPaylocity Holding Corp (PCTY) Given New $56.00 Price Target at Royal Bank of Canada - May 25 at 1:52 PM logoPaylocity Holding Corp (PCTY) Price Target Raised to $52.00 at Needham & Company LLC - May 25 at 11:28 AM logo3 Small Cap-Growth Stocks You Can Buy Now - May 17 at 8:42 AM logoPaylocity Holding Corp (PCTY) Insider Sells $44,520.00 in Stock - May 16 at 8:22 PM logoPaylocity Holding Corp (PCTY) SVP Sells $190,628.46 in Stock - May 16 at 7:52 PM logoPaylocity Holding Corp (PCTY) VP Sells $4,462,000.00 in Stock - May 16 at 7:14 PM logoPaylocity Holding Corp (PCTY) Director Steven I. Sarowitz Sells 27,301 Shares - May 16 at 7:14 PM logoWill New Buy Point Pay Off For This Tech IPO? - May 16 at 6:50 PM logoCommit To Buy Paylocity Holding Corp At $35, Earn 8% Annualized Using Options - May 13 at 12:54 AM logoPaylocity Holding Corp (PCTY) Director Sells $7,662,654.63 in Stock - May 12 at 7:21 PM logoPaylocity Holding Corp (PCTY) Receives "Market Perform" Rating from Wells Fargo & Co - May 12 at 10:30 AM logoPaylocity Holding Corp (PCTY) Coverage Initiated at Wells Fargo & Co - May 11 at 9:36 PM logoPaylocity Holding Corp (PCTY) Rating Increased to Strong-Buy at Zacks Investment Research - May 10 at 10:36 PM logoPaylocity Holding Corp (PCTY) Given Average Recommendation of "Buy" by Analysts - May 8 at 1:48 PM logoPaylocity Holding Corp (PCTY) Rating Reiterated by Pacific Crest - May 7 at 8:14 AM logoNeedham & Company LLC Reiterates "Buy" Rating for Paylocity Holding Corp (PCTY) - May 5 at 10:50 PM logoPaylocity Holding Corp (PCTY) Issues Q4 Earnings Guidance - May 5 at 10:23 PM logoPaylocity Holding Corp (PCTY) Receives Buy Rating from Deutsche Bank AG - May 5 at 5:01 PM logoEdited Transcript of PCTY earnings conference call or presentation 4-May-17 9:00pm GMT - May 5 at 8:44 AM logoPaylocity tops Street 3Q forecasts - May 5 at 8:44 AM logoPaylocity (PCTY) Q3 Earnings and Revenues Increase Y/Y - May 5 at 8:44 AM logoPaylocity Holding's (PCTY) CEO Steve Beauchamp on Q3 2017 Results - Earnings Call Transcript - May 5 at 12:23 AM logoInvestor Network: Paylocity Holding Corp. to Host Earnings Call - May 4 at 7:21 PM logoPaylocity Announces Third Quarter Fiscal Year 2017 Financial Results - May 4 at 7:21 PM logoPaylocity Holding (PCTY) Q3 Earnings: What's in the Cards? - May 4 at 12:55 AM logo$88.07 Million in Sales Expected for Paylocity Holding Corp (PCTY) This Quarter - May 3 at 1:08 PM logoPaylocity Holding Corp (PCTY) Receives Daily News Impact Rating of 0.02 - May 2 at 11:36 PM logoPaylocity Holding (PCTY) Q3 Earnings: What's in the Cards? - May 2 at 10:50 AM logo Analysts Anticipate Paylocity Holding Corp (PCTY) Will Announce Earnings of $0.12 Per Share - May 1 at 9:02 PM logoPaylocity Holding Corp (PCTY) Receiving Somewhat Critical Media Coverage, AlphaOne Reports - April 29 at 1:16 PM logoPaylocity Holding Corp (PCTY) Receives Daily News Impact Score of 0.15 - April 27 at 1:10 AM logoSteven R. Beauchamp Sells 1,330 Shares of Paylocity Holding Corp (PCTY) Stock - April 26 at 9:10 PM logoPaylocity Holding Corp (PCTY) Director Sells $143,663.52 in Stock - April 26 at 8:48 PM logoInsider Selling: Paylocity Holding Corp (PCTY) VP Sells 4,598 Shares of Stock - April 26 at 8:46 PM logoPaylocity Announces Conference Call to Review Q3 2017 Financial Results - April 17 at 6:18 PM logoPaylocity Holding Corp (PCTY) Earning Somewhat Critical Press Coverage, Study Shows - April 14 at 3:32 PM logoETFs with exposure to Paylocity Holding Corp. : April 12, 2017 - April 12 at 6:27 PM logoZacks: Analysts Anticipate Paylocity Holding Corp (PCTY) Will Post Quarterly Sales of $88.07 Million - April 12 at 11:53 AM logoPaylocity Holding Corp (PCTY) Receives Average Rating of "Buy" from Analysts - April 11 at 1:14 PM logo$0.12 Earnings Per Share Expected for Paylocity Holding Corp (PCTY) This Quarter - April 10 at 12:57 PM logoPaylocity Holding Corp (PCTY) Upgraded by Royal Bank of Canada to Outperform - April 3 at 12:11 PM logoSteven R. Beauchamp Sells 20,000 Shares of Paylocity Holding Corp (PCTY) Stock - March 29 at 7:19 PM logoPaylocity Holding Corp (PCTY) Director Steven I. Sarowitz Sells 50,000 Shares - March 29 at 7:19 PM logoPaylocity upgraded by RBC Capital Mkts - March 28 at 6:56 PM logoAnalysts' Actions -- Brightcove, Commercial Metals, Gulfport, Paylocity and More - March 28 at 9:49 AM logoPaylocity Holding Corp (PCTY) Upgraded to C at TheStreet - March 24 at 9:39 PM logoPaylocity to Attend Upcoming Investor Conferences - February 21 at 5:42 PM logoPAYLOCITY HOLDING CORP Financials - February 9 at 8:44 PM



Paylocity Holding Corp (PCTY) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by Staff