NASDAQ:PCTY Paylocity - PCTY Stock Forecast, Price & News Adding Choose a watchlist: 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 Co. Please log in to your account or sign up in order to add this asset to your watchlist. $218.99 -7.05 (-3.12%) (As of 02/3/2023 12:00 AM ET) Add Compare Share Share Today's Range$216.97▼$235.0050-Day Range$179.72▼$226.0452-Week Range$152.01▼$276.88Volume692,198 shsAverage Volume382,078 shsMarket Capitalization$12.19 billionP/E Ratio128.06Dividend YieldN/APrice Target$271.87 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaSustainability Paylocity MarketRank™ ForecastAnalyst RatingModerate Buy2.69 Rating ScoreUpside/Downside24.5% Upside$272.71 Price TargetShort InterestBearish4.85% of Float Sold ShortDividend StrengthN/ASustainability-0.35Upright™ Environmental ScoreNews Sentiment0.40Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth41.67%From $1.92 to $2.72 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.2.73 out of 5 starsComputer And Technology Sector64th out of 610 stocksPrepackaged Software Industry15th out of 215 stocks 3.3 Analyst's Opinion Consensus RatingPaylocity has received a consensus rating of Buy. The company's average rating score is 2.67, and is based on 8 buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $272.71, Paylocity has a forecasted upside of 24.5% from its current price of $218.99.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 2.0 Short Interest Percentage of Shares Shorted4.85% of the float of Paylocity has been sold short.Short Interest Ratio / Days to CoverPaylocity has a short interest ratio ("days to cover") of 4.3.Change versus previous monthShort interest in Paylocity has recently increased by 3.65%, indicating that investor sentiment is decreasing. 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 3.9 Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScorePaylocity has received a 51.92% 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 "Workplace survey services", "Compliance management software", "Payroll management software", "Tax declaration applications", and "Project management software" products. See details.Environmental SustainabilityThe Environmental Impact score for Paylocity is -0.35. Previous Next 1.9 News and Social Media Coverage News SentimentPaylocity has a news sentiment score of 0.40. 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 news sentiment score is similar to the average news sentiment of Computer and Technology companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Paylocity this week, compared to 3 articles on an average week.MarketBeat FollowsOnly 3 people have added Paylocity to their MarketBeat watchlist in the last 30 days. This is a decrease of -40% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Paylocity insiders have not sold or bought any 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 41.67% in the coming year, from $1.92 to $2.72 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Paylocity is 128.06, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Paylocity is 128.06, 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 406.49.Price to Book Value per Share RatioPaylocity has a P/B Ratio of 19.68. 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 HeadlinesFebruary 3, 2023 | finance.yahoo.comPaylocity (PCTY) Soars 4% on Q2 Earnings Beat, Guidance RaiseJanuary 31, 2023 | americanbankingnews.comPaylocity (PCTY) to Release Quarterly Earnings on ThursdayFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! January 18, 2023 | finance.yahoo.comPaylocity announces Q2 FY23 earnings conference callJanuary 17, 2023 | finance.yahoo.comPaylocity Accelerates Delivery of Integrations with Third-Party Systems, Enabling Greater Use of Employee Data Across the EnterpriseJanuary 6, 2023 | finance.yahoo.comPaylocity (PCTY) is a Top-Ranked Growth Stock: Should You Buy?January 5, 2023 | finance.yahoo.comThose who invested in Paylocity Holding (NASDAQ:PCTY) five years ago are up 304%January 3, 2023 | msn.comOminous Death Cross Forms On Paylocity Holding's ChartFebruary 5, 2023 | Tradewins (Ad)Know Your Profit Potential BEFORE You Trade!I’m Chuck Hughes, ten-time trading champion and author of the coveted e-book, “Options Trading Made Easy”, the strategy guide that will teach you to calculate your trade’s profit potential before you risk any capital. Click here for a free copy now! December 22, 2022 | finance.yahoo.comPaylocity Holding Corporation (PCTY) Outperformed in Q3December 14, 2022 | finance.yahoo.comIs Paylocity Holding Corporation (PCTY) a Strong Long Term Bet?December 12, 2022 | finance.yahoo.comHere’s What Makes Paylocity Holding Corporation (PCTY) an Attractive InvestmentNovember 21, 2022 | finance.yahoo.comHere’s Why Paylocity (PCTY) Became Part of ClearBridge’s Top Performing StocksNovember 9, 2022 | finance.yahoo.comPaylocity Holding First Quarter 2023 Earnings: Beats ExpectationsNovember 4, 2022 | finance.yahoo.comPaylocity (PCTY) Beats on Q1 Earnings & Revenue EstimatesNovember 4, 2022 | finance.yahoo.comPaylocity (PCTY) Q1 Earnings and Revenues Beat EstimatesNovember 3, 2022 | finance.yahoo.comPaylocity Announces First Quarter Fiscal Year 2023 Financial ResultsOctober 28, 2022 | finance.yahoo.comShould You Sell Paylocity Holding Corporation (PCTY) Now?October 18, 2022 | nasdaq.comWith EPS Growth And More, Paylocity Holding (NASDAQ:PCTY) Makes An Interesting Case - NasdaqOctober 18, 2022 | globenewswire.com“Connected HR” Emerging as an Imperative Among Business Leaders Attending Paylocity's Annual Elevate Conference - GlobeNewswireOctober 17, 2022 | nasdaq.comWith EPS Growth And More, Paylocity Holding (NASDAQ:PCTY) Makes An Interesting CaseOctober 17, 2022 | nasdaq.comAnalysts Anticipate 24% Gains Ahead For The Holdings of IVDG - NasdaqOctober 14, 2022 | investorplace.com3 Under-the-Radar Fintech Stocks With 200% Upside Potential - InvestorPlaceOctober 13, 2022 | benzinga.comPaylocity announces Q1 FY23 earnings conference call - Paylocity Holding (NASDAQ:PCTY) - BenzingaOctober 13, 2022 | finance.yahoo.comPaylocity announces Q1 FY23 earnings conference callOctober 11, 2022 | finance.yahoo.comPaylocity Holding Corporation's (NASDAQ:PCTY) Stock's On An Uptrend: Are Strong Financials Guiding The Market?October 11, 2022 | seekingalpha.comPaylocity: A Massive Breakout Performer (NASDAQ:PCTY) - Seeking AlphaSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Company Calendar Last Earnings11/04/2021Today2/04/2023Next Earnings (Estimated)5/04/2023Fiscal Year End6/30/2023Get 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$272.71 High Stock Price Forecast$325.00 Low Stock Price Forecast$200.00 Forecasted Upside/Downside+24.1%Consensus RatingModerate Buy Rating Score (0-4)2.69 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)$1.71 Trailing P/E Ratio128.06 Forward P/E Ratio114.06 P/E GrowthN/ANet Income$90.78 million Net Margins9.58% Pretax Margin8.70% Return on Equity19.15% Return on Assets2.64% Debt Debt-to-Equity RatioN/A Current Ratio1.03 Quick Ratio1.03 Sales & Book Value Annual Sales$1.00 billion Price / Sales12.18 Cash Flow$2.65 per share Price / Cash Flow82.65 Book Value$11.13 per share Price / Book19.68Miscellaneous Outstanding Shares55,674,000Free Float40,920,000Market Cap$12.19 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 CompetitorsOktaNASDAQ:OKTABill.comNYSE:BILLDynatraceNYSE:DTCeridian HCMNYSE:CDAYTwilioNYSE:TWLOView All CompetitorsInsiders & InstitutionsFisher Asset Management LLCSold 1,574 shares on 2/3/2023Ownership: 0.208%Securian Asset Management Inc.Bought 100 shares on 2/3/2023Ownership: 0.007%ProShare Advisors LLCBought 189 shares on 2/2/2023Ownership: 0.007%Mach 1 Financial Group LLCBought 2,786 shares on 2/2/2023Ownership: 0.005%Resources Investment Advisors LLC.Sold 226 shares on 2/2/2023Ownership: 0.002%View All Insider TransactionsView All Institutional Transactions PCTY Stock - Frequently Asked Questions Should I buy or sell Paylocity stock right now? 12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last twelve months. There are currently 4 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? 12 brokers have issued twelve-month target prices for Paylocity's shares. Their PCTY share price forecasts range from $200.00 to $325.00. On average, they predict the company's stock price to reach $272.71 in the next twelve months. This suggests a possible upside of 24.5% 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 the year. Since then, PCTY stock has increased by 12.7% and is now trading at $218.99. 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, May 4th 2023. View our PCTY earnings forecast. How were Paylocity's earnings last quarter? Paylocity Holding Co. (NASDAQ:PCTY) posted its earnings results on Thursday, November, 4th. The software maker reported $0.59 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.21. The software maker had revenue of $181.70 million for the quarter, compared to the consensus estimate of $173.97 million. Paylocity had a trailing twelve-month return on equity of 19.15% and a net margin of 9.58%. The firm's revenue was up 33.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.14 EPS. What guidance has Paylocity issued on next quarter's earnings? Paylocity updated its third quarter 2023 earnings guidance on Thursday, February, 2nd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $330.50 million-$334.50 million, compared to the consensus revenue estimate of $318.65 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 Riverbridge Partners LLC (1.21%), Fisher Asset Management LLC (0.21%), Sumitomo Mitsui Trust Holdings Inc. (0.19%), Bank of Montreal Can (0.11%), Comerica Bank (0.11%) and Handelsinvest Investeringsforvaltning (0.09%). 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 $218.99. How much money does Paylocity make? Paylocity (NASDAQ:PCTY) has a market capitalization of $12.19 billion and generates $1.00 billion in revenue each year. The software maker earns $90.78 million in net income (profit) each year or $1.71 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 2/5/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free 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 from 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. Export data to Excel for your own analysis. 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