NASDAQ:PCTY - Paylocity Stock Price, Forecast & News

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

Paylocity Holding Corp (NASDAQ:PCTY) announced its quarterly earnings results on Wednesday, October, 30th. The software maker reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.25. The software maker earned $126.72 million during the quarter, compared to the consensus estimate of $124.15 million. Paylocity had a return on equity of 19.03% and a net margin of 11.78%. Paylocity's revenue for the quarter was up 26.1% on a year-over-year basis. During the same period in the previous year, the business earned $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 analysts have issued 1 year price objectives for Paylocity's shares. Their forecasts range from $89.00 to $155.00. On average, they anticipate Paylocity's share price to reach $114.64 in the next year. This suggests that the stock has a possible downside of 19.0%. 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.

Press coverage about PCTY stock has been trending extremely negative recently, according to InfoTrie. The research group identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Paylocity earned a media sentiment score of -5.0 on InfoTrie's scale. They also gave media headlines about the software maker a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Paylocity.

Paylocity saw a increase in short interest during the month of 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 currently 4.4 days. Approximately 3.9% of the company's stock are sold short. View Paylocity's Current Options Chain.

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

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 many different of retail and institutional investors. Top institutional shareholders include Riverbridge Partners LLC (1.26%), Summit Creek Advisors LLC (0.19%), Tocqueville Asset Management L.P. (0.09%), Archford Capital Strategies LLC (0.04%), Gradient Investments LLC (0.02%) and We Are One Seven LLC (0.01%). 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, 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 acquired by a variety of institutional investors in the last quarter, including Gradient Investments LLC, Hanlon Investment Management Inc., Winslow Evans & Crocker Inc., Vigilant Capital Management LLC and We Are One Seven 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 $141.60.

Paylocity has a market capitalization of $7.58 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]