NASDAQ:PCTY - Paylocity Stock Price, Price Target & More

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$65.52 -0.29 (-0.44 %)
(As of 07/18/2018 02:31 PM ET)
Previous Close$65.35
Today's Range$64.95 - $65.63
52-Week Range$41.15 - $66.14
Volume1,998 shs
Average Volume195,675 shs
Market Capitalization$3.43 billion
P/E Ratio438.73
Dividend YieldN/A
Beta2.01
Paylocity logoPaylocity Holding Corporation provides cloud-based payroll and human capital management (HCM) software solutions for medium-sized organizations in the United States. It offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management and HR compliance and reporting; 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. The company 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. Paylocity Holding Corporation was founded in 1997 and is headquartered in Arlington Heights, Illinois.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Prepackaged software
Sub-IndustryN/A
SectorComputer and Technology
SymbolNASDAQ:PCTY
CUSIPN/A
Phone847-463-3200

Debt

Debt-to-Equity RatioN/A
Current Ratio1.08
Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio438.73
Forward P/E Ratio172.42
P/E Growth6.7

Sales & Book Value

Annual Sales$300.01 million
Price / Sales11.50
Cash Flow$0.5716 per share
Price / Cash114.63
Book Value$2.87 per share
Price / Book22.83

Profitability

EPS (Most Recent Fiscal Year)$0.15
Net Income$6.71 million
Net Margins10.17%
Return on Equity11.74%
Return on Assets1.42%

Miscellaneous

Employees2,115
Outstanding Shares52,650,000
Market Cap$3,427.19

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Paylocity (NASDAQ:PCTY) Frequently Asked Questions

What is Paylocity's stock symbol?

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

How were Paylocity's earnings last quarter?

Paylocity Holding Corp (NASDAQ:PCTY) released its quarterly earnings results on Thursday, May, 3rd. The software maker reported $0.86 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.47 by $0.39. The software maker earned $113.41 million during the quarter, compared to analyst estimates of $110.74 million. Paylocity had a net margin of 10.17% and a return on equity of 11.74%. The business's revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 EPS. View Paylocity's Earnings History.

When is Paylocity's next earnings date?

Paylocity is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Paylocity.

What price target have analysts set for PCTY?

13 brokers have issued 12-month target prices for Paylocity's stock. Their forecasts range from $45.00 to $65.00. On average, they expect Paylocity's stock price to reach $55.5455 in the next twelve months. This suggests that the stock has a possible downside of 14.9%. View Analyst Ratings for Paylocity.

What is the consensus analysts' recommendation for Paylocity?

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 3 hold ratings and 10 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

What are Wall Street analysts saying about Paylocity stock?

Here are some recent quotes from research analysts about Paylocity stock:
  • 1. According to Zacks Investment Research, "Paylocity’s Q3 top and bottom line surpassed the respective Zacks Consensus Estimate and marked year-over-year improvement as well. Outlook for Q4 and FY18 were also encouraging. 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. 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 industry in the year-to-date period. However, competition in the payroll processing sector from new entrants as well as existing players remains a major headwind." (5/10/2018)
  • 2. Mizuho analysts commented, "We expect total revenue around $111-113mm (+23-25% Y/Y) vs. guidance of $110-111mm and consensus of $111mm. Recurring revenue (just subscriptions) could print ~$106-108mm, or up 24-27% Y/Y. We see ongoing conservatism in adj. EBITDA guidance; results could come in ~$33-35mm vs. consensus of $33mm and guidance of $32.3-33.3mm. We expect upside to EPS guidance of $0.45-0.47 as well. Click here for our detailed preview and model." (5/3/2018)

Who are some of Paylocity's key competitors?

Who are Paylocity's key executives?

Paylocity's management team includes the folowing people:
  • Mr. Steven I. Sarowitz, Founder & Chairman (Age 52)
  • Mr. Steven R. Beauchamp, CEO & Director (Age 46)
  • Mr. Michael R. Haske, Pres & COO (Age 46)
  • Mr. Edward W. Gaty, Sr. VP of Product and Technology (Age 45)
  • Mr. Mark S. Kinsey, Sr. VP of Operations (Age 48)

Has Paylocity been receiving favorable news coverage?

Media stories about PCTY stock have trended somewhat positive on Wednesday, according to Accern. The research group scores the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Paylocity earned a media sentiment score of 0.16 on Accern's scale. They also assigned news articles about the software maker an impact score of 46.60 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are Paylocity's major shareholders?

Paylocity's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Riverbridge Partners LLC (1.81%), Bank of Montreal Can (0.02%) and Campbell & CO Investment Adviser LLC (0.01%). Company insiders that own Paylocity stock include Edward W Gaty, Ellen Carnahan, Jeffrey T Diehl, Mark S Kinsey, Michael R Haske, Peter J Mcgrail, Steven I Sarowitz and Steven R Beauchamp. View Institutional Ownership Trends for Paylocity.

Which major investors are buying Paylocity stock?

PCTY stock was purchased by a variety of institutional investors in the last quarter, including Riverbridge Partners LLC, Campbell & CO Investment Adviser LLC and Bank of Montreal Can. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

What is Paylocity's stock price today?

One share of PCTY stock can currently be purchased for approximately $65.24.

How big of a company is Paylocity?

Paylocity has a market capitalization of $3.43 billion and generates $300.01 million in revenue each year. The software maker earns $6.71 million in net income (profit) each year or $0.15 on an earnings per share basis. Paylocity employs 2,115 workers across the globe.

How can I contact Paylocity?

Paylocity's mailing address is 3850 N. WILKE ROAD, ARLINGTON HEIGTHS IL, 60004. The software maker can be reached via phone at 847-463-3200 or via email at [email protected]


MarketBeat Community Rating for Paylocity (NASDAQ PCTY)

Community Ranking:  3.0 out of 5 (star star star)
Outperform Votes:  302 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  511
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.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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