Paylocity (PCTY) Stock Price, News & Analysis

Company Overview

Paylocity Holding Corporation, founded in 1997 and headquartered in Schaumburg, Illinois, is a leading provider of cloud-based payroll and human capital management (HCM) software. Originally launched as Ameripay Payroll, the company rebranded to Paylocity in 2011 and has since grown into a comprehensive HR technology platform designed to support mid-market organizations across the United States.

At the core of Paylocity’s offering is its unified SaaS platform, which streamlines core payroll processing, time and attendance tracking, and tax filing. Beyond these essentials, the company provides a suite of complementary modules for benefits administration, talent acquisition, onboarding, performance management, learning and development, and employee engagement surveys. Its mobile application delivers real-time access to pay statements, schedules and social news feeds, enabling employees and managers to collaborate seamlessly from any device.

Through strategic acquisitions and ongoing innovation, Paylocity has expanded its ecosystem to include advanced labor analytics, automated compliance tools and integrations with popular third-party systems. The company serves a diverse customer base spanning industries such as healthcare, manufacturing, nonprofit and financial services. Its focus on mid-sized organizations—typically those with 50 to 2,000 employees—has allowed Paylocity to tailor solutions that balance enterprise-grade capabilities with ease of use.

Led by founder and CEO Steve Beauchamp, Paylocity maintains a centralized operations center in the Chicago area while supporting customers nationwide through regional sales offices and a dedicated implementation team. The executive leadership team combines deep expertise in payroll, benefits and HR technology, driving a product roadmap that emphasizes user experience, data security and regulatory compliance. As the market for cloud-based HCM continues to evolve, Paylocity remains focused on delivering scalable, integrated solutions that help organizations improve efficiency and engage their workforce.

Key Stats

• Today's Range: $184.95 to $190.06
• 50-Day Range: $175.50 to $201.04
• 52-Week Range: $138.74 to $223.80
• Volume: 410,980 shs
• Average Volume: 449,830 shs
• Market Capitalization: $10.29 billion
• P/E Ratio: 46.48
• Dividend Yield: N/A
• Price Target: $224.75
• Consensus Rating: Moderate Buy

Paylocity Stock Analysis - MarketRank™

Paylocity scored higher than 95% of companies evaluated by MarketBeat, and ranked 46th out of 666 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Paylocity has received a consensus rating of Moderate Buy. The company's average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Paylocity has been the subject of 11 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 9.63%

Earnings Growth

Earnings for Paylocity are expected to grow by 9.63% in the coming year, from $4.36 to $4.78 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Paylocity is 46.48, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 26.51.

Price to Earnings Ratio vs. Sector

The P/E ratio of Paylocity is 46.48, which means that it is trading at a more expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 33.59.

Price to Earnings Growth Ratio

Paylocity has a PEG Ratio of 3.69. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Paylocity has a P/B Ratio of 10.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

2.97% of the float of Paylocity has been sold short.

Short Interest Ratio / Days to Cover

Paylocity has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paylocity has recently increased by 10.00%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Paylocity does not currently pay a dividend.

Dividend Growth

Paylocity does not have a long track record of dividend growth.

Sustainability and ESG

• Score: 3.9 / 5
• Environmental Score: -0.46

Percentage of Shares Shorted

2.97% of the float of Paylocity has been sold short.

Short Interest Ratio / Days to Cover

Paylocity has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Paylocity has recently increased by 10.00%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.22

News Sentiment

Paylocity has a news sentiment score of 1.22. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.83 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Paylocity this week, compared to 10 articles on an average week.

Search Interest

1 people have searched for PCTY on MarketBeat in the last 30 days.

MarketBeat Follows

3 people have added Paylocity to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Paylocity insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $303,463.00 in company stock.

Percentage Held by Insiders

21.91% of the stock of Paylocity is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

94.76% of the stock of Paylocity is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

PCTY Stock Analysis - Frequently Asked Questions

How have PCTY shares performed this year?

Paylocity's stock was trading at $199.47 on January 1st, 2025. Since then, PCTY stock has decreased by 6.6% and is now trading at $186.38.

How were Paylocity's earnings last quarter?

Paylocity Holding Corporation (NASDAQ:PCTY) released its quarterly earnings results on Thursday, May, 1st. The software maker reported $2.43 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.34. Paylocity's revenue for the quarter was up 13.3% compared to the same quarter last year.
Read the conference call transcript.

Who are Paylocity's major shareholders?

Top institutional investors of Paylocity include Riverbridge Partners LLC (1.13%), Livforsakringsbolaget Skandia Omsesidigt (0.47%), Assenagon Asset Management S.A. (0.19%) and Public Employees Retirement System of Ohio (0.12%). Insiders that own company stock include Steven R Beauchamp, Steven I Sarowitz, Toby J Williams, Ryan Glenn, Rachit Lohani, Mark S Kinsey, Joshua Scutt, Katherine Ross, Andrew Cappotelli, Ronald V Waters, Nicholas Rost, Bernard Robinson Kenneth and Jeffrey T Diehl.
View institutional ownership trends.

How do I buy shares of Paylocity?

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

What other stocks do shareholders of Paylocity own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Paylocity investors own include NVIDIA (NVDA), Humana (HUM), Meta Platforms (META), Broadcom (AVGO), American Water Works (AWK), Adobe (ADBE) and Advanced Micro Devices (AMD).

Company Calendar

• Last Earnings: 5/01/2025
• Today: 7/18/2025
• Next Earnings (Estimated): 8/05/2025
• Fiscal Year End: 6/30/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: INTERNET SOFTWARE
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:PCTY
• CIK: 1591698
• Web: www.paylocity.com
• Phone: (847) 463-3200
• Fax: N/A
• Employees: 6,400
• Year Founded: N/A

Price Target and Rating

• Average Price Target for Paylocity: $224.75
• High Price Target: $270.00
• Low Price Target: $185.00
• Potential Upside/Downside: +20.9%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.81
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $4.01
• Trailing P/E Ratio: 46.35
• Forward P/E Ratio: 42.63
• P/E Growth: 3.58
• Net Income: $206.77 million
• Net Margins: 14.65%
• Pretax Margin: 20.02%
• Return on Equity: 22.90%
• Return on Assets: 5.53%

Debt

• Debt-to-Equity Ratio: 0.20
• Current Ratio: 1.13
• Quick Ratio: 1.13

Sales & Book Value

• Annual Sales: $1.40 billion
• Price / Sales: 7.32
• Cash Flow: $5.39 per share
• Price / Cash Flow: 34.51
• Book Value: $18.59 per share
• Price / Book: 10.00

Miscellaneous

• Outstanding Shares: 55,230,000
• Free Float: 43,129,000
• Market Cap: $10.27 billion
• Optionable: Optionable
• Beta: 0.50