Paylocity 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.
Industry, Sector and Symbol
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 Ratio415.07
Forward P/E Ratio166.45
P/E Growth7.56
Sales & Book Value
Annual Sales$300.01 million
Price / Sales11.10
Cash Flow$0.5717 per share
Price / Cash110.63
Book Value$2.87 per share
Price / Book22.04
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
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) issued its quarterly earnings data on Thursday, May, 3rd. The software maker reported $0.86 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.39. The software maker had revenue of $113.41 million for the quarter, compared to analysts' expectations of $110.74 million. Paylocity had a net margin of 10.17% and a return on equity of 11.74%. Paylocity's revenue for the quarter was up 25.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. View Paylocity's Earnings History.
When is Paylocity's next earnings date?
What price target have analysts set for PCTY?
13 analysts have issued 12-month target prices for Paylocity's shares. Their predictions range from $45.00 to $65.00. On average, they anticipate Paylocity's share price to reach $55.5455 in the next year. View Analyst Ratings for Paylocity.
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?
Some companies that are related to Paylocity include Symantec (SYMC), UBISOFT Entmt S/ADR (UBSFY), SS&C Technologies (SSNC), Cadence Design Systems (CDNS), Veeva Systems (VEEV), PTC (PTC), Temenos Group (TMNSF), Momo (MOMO), Nutanix (NTNX), Docusign (DOCU), Tyler Technologies (TYL), The Ultimate Software Group (ULTI), Tableau Software Inc Class A (DATA), Trend Micro (TMICY) and Micro Focus International (MFGP).
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?
News stories about PCTY stock have been trending somewhat positive on Tuesday, Accern reports. Accern ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Paylocity earned a coverage optimism score of 0.17 on Accern's scale. They also gave media coverage about the software maker an impact score of 47.14 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future.
Who are Paylocity's major shareholders?
Paylocity's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (3.39%), Wasatch Advisors Inc. (3.28%), Franklin Resources Inc. (1.67%), Royal Bank of Canada (1.65%), Lord Abbett & CO. LLC (1.23%) and Artisan Partners Limited Partnership (1.18%). 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 institutional investors are selling Paylocity stock?
PCTY stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Sei Investments Co., Blair William & Co. IL, JPMorgan Chase & Co., BlackRock Inc., BNP Paribas Arbitrage SA, Franklin Resources Inc. and Artisan Partners Limited Partnership. Company insiders that have sold Paylocity company stock in the last year include Edward W Gaty, Jeffrey T Diehl, Mark S Kinsey, Michael R Haske, Steven I Sarowitz and Steven R Beauchamp. View Insider Buying and Selling for Paylocity.
Which institutional investors are buying Paylocity stock?
PCTY stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Zevenbergen Capital Investments LLC, Royal Bank of Canada, Federated Investors Inc. PA, Massachusetts Financial Services Co. MA, Monarch Partners Asset Management LLC, Kornitzer Capital Management Inc. KS and Dimensional Fund Advisors LP. 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 $63.25.
How big of a company is Paylocity?
Paylocity has a market capitalization of $3.31 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 (PCTY)
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.
