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NASDAQ:PCTYPaylocity Stock Price, Forecast & News

$117.85
-3.34 (-2.76 %)
(As of 05/22/2020 04:00 PM ET)
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Today's Range
$117.61
Now: $117.85
$124.54
50-Day Range
$74.02
MA: $101.02
$121.47
52-Week Range
$66.98
Now: $117.85
$150.73
Volume342,986 shs
Average Volume1.07 million shs
Market Capitalization$6.33 billion
P/E Ratio94.28
Dividend YieldN/A
Beta1.65
Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management, HR compliance and reporting, HR insight and analytics, and self-service portals; 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. It 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. In addition, the company offers third-party administrative services for clients designed to modernize the administration of flexible spending accounts, health savings accounts, transportation management accounts, premium only plans, and health reimbursement arrangements for their employees. Further, it provides implementation and training, client, and tax and regulatory services. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.2Community Rank: 2.8Dividend Strength: 0.0Insider Behavior: 2.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.61 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$467.63 million
Cash Flow$1.74 per share
Book Value$6.97 per share

Profitability

Net Income$53.82 million

Miscellaneous

Employees3,050
Market Cap$6.33 billion
Next Earnings Date8/13/2020 (Estimated)
OptionableOptionable

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Paylocity (NASDAQ:PCTY) Frequently Asked Questions

How has Paylocity's stock been impacted by COVID-19 (Coronavirus)?

Paylocity's stock was trading at $108.94 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, PCTY stock has increased by 8.2% and is now trading at $117.85. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Paylocity?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paylocity in the last year. There are currently 8 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Paylocity.

When is Paylocity's next earnings date?

Paylocity is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for Paylocity.

How were Paylocity's earnings last quarter?

Paylocity Holding Corp (NASDAQ:PCTY) released its quarterly earnings results on Thursday, May, 7th. The software maker reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.70 by $0.13. The software maker earned $171.65 million during the quarter, compared to analysts' expectations of $164.76 million. Paylocity had a net margin of 12.65% and a return on equity of 20.82%. The business's revenue was up 23.0% on a year-over-year basis. During the same quarter last year, the company earned $0.51 EPS. View Paylocity's earnings history.

What guidance has Paylocity issued on next quarter's earnings?

Paylocity issued an update on its fourth quarter 2020 After-Hours earnings guidance on Thursday, May, 7th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $121-131 million, compared to the consensus revenue estimate of $135.89 million.

What price target have analysts set for PCTY?

15 analysts have issued 12-month price objectives for Paylocity's stock. Their forecasts range from $93.00 to $163.00. On average, they anticipate Paylocity's stock price to reach $130.71 in the next year. This suggests a possible upside of 10.9% from the stock's current price. View analysts' price targets for Paylocity.

Has Paylocity been receiving favorable news coverage?

News stories about PCTY stock have trended extremely negative on Monday, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive media coverage by reviewing more than six thousand blog and news sources. 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 coverage optimism score of -4.5 on InfoTrie's scale. They also assigned media headlines about the software maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the near term. View the latest news aboutPaylocity.

Are investors shorting Paylocity?

Paylocity saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 2,650,000 shares, an increase of 63.6% from the April 15th total of 1,620,000 shares. Based on an average daily volume of 567,300 shares, the short-interest ratio is currently 4.7 days. Approximately 7.6% of the shares of the stock are short sold. View Paylocity's Current Options Chain.

Who are some of Paylocity's key competitors?

What other stocks do shareholders of Paylocity own?

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

Who are Paylocity's key executives?

Paylocity's management team includes the following people:
  • Mr. Steven I. Sarowitz, Chairman (Age 53)
  • Mr. Steven R. Beauchamp, CEO & Director (Age 47)
  • Mr. Michael R. Haske, Pres & COO (Age 47)
  • Mr. Toby J. Williams J.D., Chief Financial Officer (Age 46)
  • Mr. Edward W. Gaty, Sr. VP of Product & Technology (Age 46)

What is Paylocity's stock symbol?

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

Who are Paylocity's major shareholders?

Paylocity's stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.37%), Wasatch Advisors Inc. (4.59%), Franklin Resources Inc. (1.92%), TimesSquare Capital Management LLC (1.92%), Fred Alger Management LLC (1.57%) and Invesco Ltd. (1.34%). Company insiders that own Paylocity stock 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 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 TimesSquare Capital Management LLC, Lord Abbett & CO. LLC, GW&K Investment Management LLC, Riverbridge Partners LLC, Two Sigma Investments LP, Fred Alger Management LLC, Nuveen Asset Management LLC, and Federated Hermes Inc.. 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 activity for Paylocity.

Which institutional investors are buying Paylocity stock?

PCTY stock was acquired by a variety of institutional investors in the last quarter, including Capital World Investors, Massachusetts Financial Services Co. MA, Wasatch Advisors Inc., Franklin Resources Inc., Diker Management LLC, Granahan Investment Management Inc. MA, Deutsche Bank AG, and Janus Henderson Group PLC. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Paylocity's stock price today?

One share of PCTY stock can currently be purchased for approximately $117.85.

How big of a company is Paylocity?

Paylocity has a market capitalization of $6.33 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.

What is Paylocity's official website?

The official website for Paylocity is www.paylocity.com.

How can I contact Paylocity?

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]

This page was last updated on 5/25/2020 by MarketBeat.com Staff

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