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 data on Wednesday, October, 30th. The software maker reported $0.36 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.25. The software maker earned $126.72 million during the quarter, compared to analyst estimates of $124.15 million. Paylocity had a net margin of 11.78% and a return on equity of 19.03%. Paylocity's revenue for the quarter was up 26.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.20 EPS. View Paylocity's Earnings History.

Paylocity is scheduled to release their next quarterly earnings announcement on Wednesday, February 5th 2020. View Earnings Estimates for Paylocity.

13 Wall Street analysts have issued 1 year price objectives for Paylocity's stock. Their forecasts range from $89.00 to $155.00. On average, they anticipate Paylocity's stock price to reach $114.64 in the next twelve months. This suggests that the stock has a possible downside of 17.3%. 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 been trending extremely negative recently, InfoTrie reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Paylocity earned a media sentiment score of -4.5 on InfoTrie's scale. They also gave media coverage about the software maker a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Paylocity.

Paylocity saw a increase in short interest in December. As of December 13th, there was short interest totalling 1,330,000 shares, an increase of 11.8% from the November 28th total of 1,190,000 shares. Based on an average trading volume of 301,400 shares, the short-interest ratio is presently 4.4 days. Currently, 3.9% of the company's shares are short sold. View Paylocity's Current Options Chain.

Some companies that are related to Paylocity include Splunk (SPLK), ANSYS (ANSS), Synopsys (SNPS), Veeva Systems (VEEV), Cadence Design Systems (CDNS), Paycom Software (PAYC), NortonLifeLock (NLOK), Check Point Software Technologies (CHKP), Symantec (SYMC), Citrix Systems (CTXS), Twilio (TWLO), SS&C Technologies (SSNC), Atlassian (TEAM), Okta (OKTA) and TAKE-TWO INTERACTIVE SOFTWARE (TTWO).

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

Paylocity's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Conestoga Capital Advisors LLC (1.28%), Riverbridge Partners LLC (1.26%), Summit Creek Advisors LLC (0.19%), Tocqueville Asset Management L.P. (0.09%), Strs Ohio (0.08%) and Archford Capital Strategies LLC (0.04%). 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 Tocqueville Asset Management L.P., Riverbridge Partners LLC, Conestoga Capital Advisors LLC, Archford Capital Strategies LLC and Summit Creek Advisors LLC. 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 Gradient Investments LLC, Hanlon Investment Management Inc., Janney Montgomery Scott LLC, Strs Ohio, Sheets Smith Wealth Management, Winslow Evans & Crocker Inc., NEXT Financial Group Inc and Vigilant Capital Management LLC. 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 $138.67.

Paylocity has a market capitalization of $7.42 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]