NASDAQ:PCTY Paylocity Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Paylocity Holding Corp Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $151.73 +6.57 (+4.53 %) (As of 09/25/2020 12:00 AM ET) Add Compare Share Today's Range$145.18Now: $151.73▼$152.7750-Day Range$127.10MA: $139.31▼$150.6952-Week Range$66.98Now: $151.73▼$156.00Volume219,601 shsAverage Volume524,165 shsMarket Capitalization$8.17 billionP/E Ratio130.80Dividend YieldN/ABeta1.59 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management, HR compliance and reporting, HR insight and analytics, and self-service portals; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. It also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting. In addition, the company offers third-party administrative services for clients designed to modernize the administration of flexible spending accounts, health savings accounts, transportation management accounts, premium only plans, and health reimbursement arrangements for their employees. Further, it provides implementation and training, client, and tax and regulatory services. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.Read More Beat the Market (BTM) Rank™ 2.3 Analyst's Opinion Consensus RatingPaylocity has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 9 buy ratings, 6 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $141.29, Paylocity has a forecasted downside of 6.9% from its current price of $151.73.Amount of Analyst CoveragePaylocity has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.8 Community Rank Outperform VotesPaylocity has received 470 “outperform” votes. (Add your “outperform” vote.)Underperform VotesPaylocity has received 369 “underperform” votes. (Add your “underperform” vote.)Community SentimentPaylocity has received 56.02% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Paylocity and other stocks. Vote “Outperform” if you believe PCTY will outperform the S&P 500 over the long term. Vote “Underperform” if you believe PCTY will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 0.0 Dividend Strength Dividend YieldPaylocity does not currently pay a dividend.Dividend GrowthPaylocity does not have a long track record of dividend growth. Previous Next 2.0 Company Ownership Insider Buying vs. Insider SellingIn 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 $23,030,546.00 in company stock.Percentage Held by Insiders37.80% 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 Institutions70.02% of the stock of Paylocity is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Paylocity are expected to grow by 61.19% in the coming year, from $0.67 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paylocity is 130.80, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Paylocity is 130.80, 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 62.34.Price to Earnings Growth RatioPaylocity has a PEG Ratio of 10.27. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioPaylocity has a P/B Ratio of 20.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.3Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.80 out of 5 stars Industry, Sector and Symbol Stock Exchange NASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PCTY Previous Symbol CUSIPN/A CIK1591698 Webwww.paylocity.com Phone847-463-3200Debt Debt-to-Equity Ratio0.25 Current Ratio1.18 Quick Ratio1.18Price-To-Earnings Trailing P/E Ratio130.80 Forward P/E Ratio226.46 P/E Growth10.27 Sales & Book Value Annual Sales$561.33 million Price / Sales14.55 Cash Flow$2.16 per share Price / Cash Flow70.18 Book Value$7.32 per share Price / Book20.73Profitability EPS (Most Recent Fiscal Year)$1.24 Net Income$64.46 million Net Margins11.48% Return on Equity18.18% Return on Assets3.14%Miscellaneous Employees3,600 Outstanding Shares53,813,000Market Cap$8.17 billion Next Earnings Date11/4/2020 (Estimated) OptionableOptionable $151.73 +6.57 (+4.53 %) (As of 09/25/2020 12:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive PCTY News and Ratings via Email Sign-up to receive the latest news and ratings for PCTY and its competitors with MarketBeat's FREE daily newsletter. Paylocity (NASDAQ:PCTY) Frequently Asked Questions How has Paylocity's stock been impacted by COVID-19? Paylocity's stock was trading at $108.94 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PCTY shares have increased by 39.3% and is now trading at $151.73. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Paylocity? 15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 6 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Paylocity. When is Paylocity's next earnings date? Paylocity is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020. View our earnings forecast for Paylocity. How were Paylocity's earnings last quarter? Paylocity Holding Corp (NASDAQ:PCTY) announced its quarterly earnings data on Thursday, August, 6th. The software maker reported $0.32 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.13 by $0.19. The software maker earned $130.60 million during the quarter, compared to analyst estimates of $126.55 million. Paylocity had a net margin of 11.48% and a return on equity of 18.18%. The business's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm earned $0.34 EPS. View Paylocity's earnings history. What guidance has Paylocity issued on next quarter's earnings? Paylocity issued an update on its first quarter 2021 After-Hours earnings guidance on Thursday, August, 6th. The company provided EPS guidance of for the period. The company issued revenue guidance of $131.5-135.5 million, compared to the consensus revenue estimate of $134.47 million. What price target have analysts set for PCTY? 15 equities research analysts have issued 12 month price objectives for Paylocity's stock. Their forecasts range from $93.00 to $170.00. On average, they anticipate Paylocity's share price to reach $141.29 in the next year. This suggests that the stock has a possible downside of 6.9%. View analysts' price targets for Paylocity. Are investors shorting Paylocity? Paylocity saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,480,000 shares, an increase of 13.0% from the August 15th total of 1,310,000 shares. Based on an average trading volume of 399,900 shares, the days-to-cover ratio is presently 3.7 days. Currently, 4.1% of the shares of the stock are sold short. View Paylocity's Short Interest. Who are some of Paylocity's key competitors? Some companies that are related to Paylocity include Synopsys (SNPS), Crowdstrike (CRWD), Splunk (SPLK), Cadence Design Systems (CDNS), Okta (OKTA), Datadog (DDOG), ANSYS (ANSS), Atlassian (TEAM), TAKE-TWO INTERACTIVE SOFTWARE (TTWO), Coupa Software (COUP), Check Point Software Technologies (CHKP), Citrix Systems (CTXS), Paycom Software (PAYC), SS&C Technologies (SSNC) and Slack (WORK). View all competitors. What other stocks do shareholders of Paylocity own? Based on aggregate information from My MarketBeat watchlists, some companies that other Paylocity investors own include Alibaba Group (BABA), Walt Disney (DIS), NVIDIA (NVDA), Lululemon Athletica (LULU), Visa (V), ServiceNow (NOW), Verizon Communications (VZ), Paycom Software (PAYC), AbbVie (ABBV) and Adobe (ADBE). Who are Paylocity's key executives? Paylocity's management team includes the following people: Mr. Steven I. Sarowitz, Chairman (Age 53)Mr. Steven R. Beauchamp, CEO & Director (Age 47)Mr. Michael R. Haske, Pres & COO (Age 47)Mr. Toby J. Williams J.D., Chief Financial Officer (Age 46)Mr. Edward W. Gaty, Sr. VP of Product & Technology (Age 46) What is Paylocity's stock symbol? Paylocity trades on the NASDAQ under the ticker symbol "PCTY." Who are Paylocity's major shareholders? Paylocity's stock is owned by a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (6.61%), Wasatch Advisors Inc. (4.20%), Conestoga Capital Advisors LLC (1.54%), TimesSquare Capital Management LLC (1.17%), Riverbridge Partners LLC (1.00%) and FMR LLC (0.83%). Company insiders that own Paylocity stock 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 institutional ownership trends for Paylocity. Which institutional investors are selling Paylocity stock? PCTY stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Blair William & Co. IL, Macquarie Group Ltd., Wasatch Advisors Inc., FMR LLC, Bank of America Corp DE, Stifel Financial Corp, and Neuberger Berman Group 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 activity for Paylocity. Which institutional investors are buying Paylocity stock? PCTY stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Nuveen Asset Management LLC, Conestoga Capital Advisors LLC, Principal Financial Group Inc., Retirement Systems of Alabama, American International Group Inc., Frontier Capital Management Co. LLC, and Tocqueville Asset Management L.P.. View insider buying and selling activity for Paylocity. How do I buy shares of 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. What is Paylocity's stock price today? One share of PCTY stock can currently be purchased for approximately $151.73. How big of a company is Paylocity? Paylocity has a market capitalization of $8.17 billion and generates $561.33 million in revenue each year. The software maker earns $64.46 million in net income (profit) each year or $1.24 on an earnings per share basis. Paylocity employs 3,600 workers across the globe. What is Paylocity's official website? The official website for Paylocity is www.paylocity.com. How can I contact Paylocity? 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] This page was last updated on 9/26/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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