NASDAQ:PCTY - Paylocity Stock Price, Forecast & News

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

Paylocity Holding Corp (NASDAQ:PCTY) released its quarterly earnings results on Tuesday, February, 4th. The software maker reported $0.36 earnings per share for the quarter, beating analysts' consensus estimates of $0.29 by $0.07. The software maker had revenue of $128 million for the quarter, compared to analyst estimates of $130.22 million. Paylocity had a net margin of 11.11% and a return on equity of 19.02%. The firm's revenue was up 19.4% on a year-over-year basis. During the same period last year, the firm earned $0.23 earnings per share. View Paylocity's Earnings History.

Paylocity is scheduled to release their next quarterly earnings announcement on Thursday, May 7th 2020. View Earnings Estimates for Paylocity.

Paylocity issued an update on its third quarter 2020 After-Hours earnings guidance on Tuesday, February, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $168.5-169.5 million, compared to the consensus revenue estimate of $167.43 million.

13 equities research analysts have issued twelve-month price objectives for Paylocity's stock. Their forecasts range from $97.00 to $170.00. On average, they expect Paylocity's stock price to reach $147.15 in the next twelve months. This suggests a possible upside of 6.1% from the stock's current price. View Analyst Price Targets for Paylocity.

13 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 6 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Paylocity.

Headlines about PCTY stock have trended very negative on Friday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Paylocity earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned news stories about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View News Stories for Paylocity.

Some companies that are related to Paylocity include Electronic Arts (EA), Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), Atlassian (TEAM), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), SS&C Technologies (SSNC), Docusign (DOCU), Citrix Systems (CTXS) and Tableau Software (DATA).

Based on aggregate information from My MarketBeat watchlists, some companies that other Paylocity investors own include Alibaba Group (BABA), Lululemon Athletica (LULU), Paycom Software (PAYC), NVIDIA (NVDA), Visa (V), Walt Disney (DIS), Verizon Communications (VZ), Paypal (PYPL), Cisco Systems (CSCO) and Netflix (NFLX).

Paylocity's stock is owned by many different of institutional and retail investors. Top institutional investors include Fred Alger Management LLC (1.76%), Franklin Resources Inc. (1.60%), Standard Life Aberdeen plc (1.60%), Lord Abbett & CO. LLC (1.37%), Conestoga Capital Advisors LLC (1.28%) and Riverbridge Partners LLC (1.26%). Company insiders that own Paylocity stock include Andrew Cappotelli, Edward W Gaty, Ellen Carnahan, 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.

PCTY stock was sold by a variety of institutional investors in the last quarter, including Echo Street Capital Management LLC, Tocqueville Asset Management L.P., Zevenbergen Capital Investments LLC, Man Group plc, Pictet Asset Management Ltd., Massachusetts Financial Services Co. MA, Bank of America Corp DE and Landscape Capital Management L.L.C.. 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 for Paylocity.

PCTY stock was purchased by a variety of institutional investors in the last quarter, including Franklin Resources Inc., Lord Abbett & CO. LLC, Penserra Capital Management LLC, British Airways Pensions Investment Management Ltd, Goldman Sachs Group Inc., Stifel Financial Corp, Marshall Wace LLP and Capital World Investors. View Insider Buying and Selling for 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.

One share of PCTY stock can currently be purchased for approximately $138.72.

Paylocity has a market capitalization of $7.44 billion and generates $467.63 million in revenue each year. The software maker earns $53.82 million in net income (profit) each year or $1.08 on an earnings per share basis. Paylocity employs 3,050 workers across the globe.View Additional Information About Paylocity.

The official website for Paylocity is http://www.paylocity.com/.

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]