NASDAQ:PCTY Paylocity (PCTY) Stock Forecast, Price & News $182.44 -3.16 (-1.70%) (As of 04:33 PM ET) Add Compare Share Share Today's Range$182.12▼$187.6450-Day Range$163.30▼$198.7852-Week Range$152.01▼$276.88Volume403,430 shsAverage Volume486,052 shsMarket Capitalization$10.18 billionP/E Ratio86.46Dividend YieldN/APrice Target$263.27 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainabilityProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paylocity MarketRank™ ForecastAnalyst RatingModerate Buy2.73 Rating ScoreUpside/Downside43.2% Upside$263.27 Price TargetShort InterestBearish6.40% of Float Sold ShortDividend StrengthN/ASustainability-0.54Upright™ Environmental ScoreNews Sentiment0.61Based on 6 Articles This WeekInsider TradingSelling Shares$21.05 M Sold Last QuarterProj. Earnings Growth26.12%From $2.45 to $3.09 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.94 out of 5 starsComputer And Technology Sector29th out of 599 stocksPrepackaged Software Industry7th out of 210 stocks 3.4 Analyst's Opinion Consensus RatingPaylocity has received a consensus rating of Buy. The company's average rating score is 2.73, and is based on 8 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $263.27, Paylocity has a forecasted upside of 43.2% from its current price of $183.89.Amount of Analyst CoveragePaylocity has only been the subject of 2 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.40% of the float of Paylocity has been sold short.Short Interest Ratio / Days to CoverPaylocity has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Paylocity has recently decreased by 2.19%, indicating that investor sentiment is improving. 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 3.8 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePaylocity has received a 50.14% net impact score from Upright. Paylocity seems to create the most significant positive value in categories "Taxes", "Jobs", and "Distributing knowledge". The positive contribution in the "Distributing knowledge" impact category is mostly driven by its "Project management software", "Payroll management software", "Tax declaration applications", and "Feedback software for employees" products. See details.Environmental SustainabilityThe Environmental Impact score for Paylocity is -0.54. Previous Next 3.1 News and Social Media Coverage News SentimentPaylocity has a news sentiment score of 0.61. 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 0.51 average news sentiment score of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 6 news articles for Paylocity this week, compared to 5 articles on an average week.MarketBeat Follows8 people have added Paylocity to their MarketBeat watchlist in the last 30 days. This is an increase of 300% compared to the previous 30 days. Previous Next 4.2 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 $21,051,287.00 in company stock.Percentage Held by Insiders26.50% 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 Institutions72.79% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Paylocity are expected to grow by 26.12% in the coming year, from $2.45 to $3.09 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paylocity is 87.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Paylocity is 87.15, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 320.09.Price to Book Value per Share RatioPaylocity has a P/B Ratio of 16.52. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Paylocity (NASDAQ:PCTY) StockPaylocity Holding Corp. engages in the development and provision of cloud-based software solutions. It offers cloud-based payroll, human capital management applications, time labor tracking, benefits administration, and talent management. The company was founded by Steve I. Sarowitz in 1997 and is headquartered in Schaumburg, IL.Read More Receive PCTY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Paylocity and its competitors with MarketBeat's FREE daily newsletter. Email Address PCTY Stock News HeadlinesJune 7, 2023 | finance.yahoo.comIs Paylocity (PCTY) a Solid Growth Stock? 3 Reasons to Think "Yes"June 7, 2023 | finance.yahoo.comWall Street Analysts See a 32.25% Upside in Paylocity (PCTY): Can the Stock Really Move This High?June 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. June 3, 2023 | americanbankingnews.comPaylocity Holding Co. (NASDAQ:PCTY) Director Steven I. Sarowitz Sells 72,339 SharesMay 30, 2023 | markets.businessinsider.com9 Analysts Have This to Say About Paylocity HoldingMay 30, 2023 | msn.comBarclays Initiates Coverage of Paylocity Holding (PCTY) with Equal-Weight RecommendationMay 30, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) Receives New Coverage from Analysts at BarclaysMay 25, 2023 | americanbankingnews.comPaylocity Holding Co. (NASDAQ:PCTY) Given Average Rating of "Moderate Buy" by BrokeragesJune 9, 2023 | Vantage Point (Ad)Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market. May 24, 2023 | thestreet.comPaylocity Holding CorporationMay 14, 2023 | americanbankingnews.comPaylocity Holding Co. (NASDAQ:PCTY) CAO Sells $48,884.92 in StockMay 12, 2023 | finance.yahoo.comPaylocity (PCTY) is an Incredible Growth Stock: 3 Reasons WhyMay 12, 2023 | msn.comPaylocity (PCTY) Upgraded to Buy: What Does It Mean for the Stock?May 11, 2023 | americanbankingnews.comPaylocity Holding Co. (NASDAQ:PCTY) to Post FY2024 Earnings of $2.97 Per Share, DA Davidson ForecastsMay 10, 2023 | msn.comCitigroup Maintains Paylocity Holding (PCTY) Neutral RecommendationMay 10, 2023 | americanbankingnews.comPaylocity Holding Co. (NASDAQ:PCTY) Forecasted to Post FY2023 Earnings of $2.29 Per ShareMay 8, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) PT Lowered to $280.00 at Robert W. BairdMay 7, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) Shares Gap Down on Analyst DowngradeMay 6, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) Price Target Cut to $245.00 by Analysts at Piper SandlerMay 6, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) Price Target Lowered to $250.00 at Truist FinancialMay 5, 2023 | finance.yahoo.comPaylocity (PCTY) Q3 Earnings and Revenues Surpass EstimatesMay 5, 2023 | americanbankingnews.comPaylocity (NASDAQ:PCTY) Price Target Cut to $200.00 by Analysts at MizuhoMay 5, 2023 | finance.yahoo.comPaylocity (PCTY) Q3 Earnings and Revenues Beat EstimatesMay 4, 2023 | finance.yahoo.comPaylocity Announces Third Quarter Fiscal Year 2023 Financial ResultsMay 3, 2023 | finance.yahoo.comIs Paylocity Holding Corporation (NASDAQ:PCTY) Worth US$190 Based On Its Intrinsic Value?May 2, 2023 | americanbankingnews.comPaylocity (PCTY) Set to Announce Earnings on ThursdayApril 30, 2023 | americanbankingnews.comBrokerages Set Paylocity Holding Co. (NASDAQ:PCTY) Price Target at $272.36See More Headlines PCTY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PCTY Company Calendar Last Earnings5/04/2023Today6/09/2023Fiscal Year End6/30/2023Next Earnings (Estimated)8/03/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Prepackaged software Sub-IndustryN/A SectorComputer and Technology Current SymbolNASDAQ:PCTY CUSIPN/A CIK1591698 Webwww.paylocity.com Phone(847) 463-3200FaxN/AEmployees5,300Year FoundedN/APrice Target and Rating Average Stock Price Forecast$263.27 High Stock Price Forecast$325.00 Low Stock Price Forecast$199.00 Forecasted Upside/Downside+41.0%Consensus RatingModerate Buy Rating Score (0-4)2.73 Research Coverage11 Analysts Profitability EPS (Most Recent Fiscal Year)$2.11 Trailing P/E Ratio88.50 Forward P/E Ratio76.22 P/E GrowthN/ANet Income$90.78 million Net Margins10.84% Pretax Margin11.44% Return on Equity20.23% Return on Assets3.37% Debt Debt-to-Equity RatioN/A Current Ratio1.06 Quick Ratio1.06 Sales & Book Value Annual Sales$852.65 million Price / Sales12.22 Cash Flow$2.74 per share Price / Cash Flow68.21 Book Value$11.13 per share Price / Book16.78Miscellaneous Outstanding Shares55,810,000Free Float41,024,000Market Cap$10.42 billion OptionableOptionable Beta1.08 Key ExecutivesSteven R. BeauchampCo-Chief Executive Officer & DirectorToby J. WilliamsPresident, Co-Chief Executive Officer & DirectorRyan GlennChief Financial Officer & TreasurerChristine PelliniVP-Technology & ProductRachit LohaniChief Technology OfficerKey CompetitorsZoomInfo TechnologiesNASDAQ:ZIQualtrics InternationalNASDAQ:XMCeridian HCMNYSE:CDAYManhattan AssociatesNASDAQ:MANHOktaNASDAQ:OKTAView All CompetitorsInsiders & InstitutionsMacquarie Group Ltd.Sold 4,323 shares on 6/1/2023Ownership: 0.028%Prelude Capital Management LLCBought 1,517 shares on 6/1/2023Ownership: 0.003%Steven I SarowitzSold 72,339 sharesTotal: $12.39 M ($171.31/share)ProShare Advisors LLCSold 1,136 shares on 5/26/2023Ownership: 0.005%Ameriprise Financial Inc.Sold 72,299 shares on 5/22/2023Ownership: 0.498%View All Insider TransactionsView All Institutional Transactions PCTY Stock - Frequently Asked Questions Should I buy or sell Paylocity stock right now? 11 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 3 hold ratings and 8 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PCTY shares. View PCTY analyst ratings or view top-rated stocks. What is Paylocity's stock price forecast for 2023? 11 brokerages have issued 12-month price targets for Paylocity's stock. Their PCTY share price forecasts range from $199.00 to $325.00. On average, they predict the company's stock price to reach $263.27 in the next twelve months. This suggests a possible upside of 41.0% from the stock's current price. View analysts price targets for PCTY or view top-rated stocks among Wall Street analysts. How have PCTY shares performed in 2023? Paylocity's stock was trading at $194.26 at the beginning of 2023. Since then, PCTY stock has decreased by 3.9% and is now trading at $186.74. View the best growth stocks for 2023 here. When is Paylocity's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023. View our PCTY earnings forecast. How were Paylocity's earnings last quarter? Paylocity Holding Co. (NASDAQ:PCTY) posted its quarterly earnings results on Thursday, May, 4th. The software maker reported $1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.97 by $0.18. The software maker had revenue of $339.86 million for the quarter, compared to analyst estimates of $332.79 million. Paylocity had a trailing twelve-month return on equity of 20.23% and a net margin of 10.84%. What ETFs hold Paylocity's stock? ETFs with the largest weight of Paylocity (NASDAQ:PCTY) stock in their portfolio include Motley Fool Mid-Cap Growth ETF (TMFM), American CenturyFocused Dynamic Growth ETF (FDG), Invesco Focused Discovery Growth ETF (IVDG), Invesco Dynamic Software ETF (PSJ), AOT Growth & Innovation ETF (AOTG), Janus Henderson Small/Mid Cap Growth Alpha ETF (JSMD), Motley Fool Small-Cap Growth ETF (TMFS) and MFAM Small-Cap Growth ETF (MFMS). What guidance has Paylocity issued on next quarter's earnings? Paylocity updated its fourth quarter 2023 earnings guidance on Thursday, May, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $299.20 million-$303.20 million, compared to the consensus revenue estimate of $300.17 million. What is Steve Beauchamp's approval rating as Paylocity's CEO? 1,084 employees have rated Paylocity Chief Executive Officer Steve Beauchamp on Glassdoor.com. Steve Beauchamp has an approval rating of 95% among the company's employees. This puts Steve Beauchamp in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 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). 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 variety of institutional and retail investors. Top institutional shareholders include Price T Rowe Associates Inc. MD (10.25%), BlackRock Inc. (7.84%), Wasatch Advisors LP (2.62%), State Street Corp (2.30%), Geode Capital Management LLC (1.22%) and Riverbridge Partners LLC (1.19%). Insiders that own company stock include Andrew Cappotelli, Bernard Robinson Kenneth, Douglas Bruggeman, Edward W Gaty, Jeffrey T Diehl, Jeffrey T Diehl, Mark S Kinsey, Michael R Haske, Nicholas Rost, Robin Le Pederson, Ronald V Waters, Ryan Glenn, Steven I Sarowitz, Steven R Beauchamp, Steven R Beauchamp and Toby J Williams. 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Paylocity's stock price today? One share of PCTY stock can currently be purchased for approximately $186.74. How much money does Paylocity make? Paylocity (NASDAQ:PCTY) has a market capitalization of $10.42 billion and generates $852.65 million in revenue each year. The software maker earns $90.78 million in net income (profit) each year or $2.11 on an earnings per share basis. How many employees does Paylocity have? The company employs 5,300 workers across the globe. How can I contact Paylocity? Paylocity's mailing address is 1400 AMERICAN LANE, SCHAUMBURG IL, 60173. The official website for the company is www.paylocity.com. The software maker can be reached via phone at (847) 463-3200 or via email at investors@paylocity.com. This page (NASDAQ:PCTY) was last updated on 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Paylocity Holding Co. Please log in to your account or sign up in order to add this asset to your watchlist. 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