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 Tuesday, February, 4th. The software maker reported $0.36 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.29 by $0.07. The software maker had revenue of $128 million for the quarter, compared to the consensus estimate of $130.22 million. Paylocity had a net margin of 11.11% and a return on equity of 19.02%. The firm's quarterly revenue was up 19.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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 brokers have issued 1-year target prices 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 13.6% 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.

News stories about PCTY stock have trended extremely negative this week, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Paylocity earned a news sentiment score of -4.2 on InfoTrie's scale. They also gave press coverage about the software maker a news buzz of 10.0 out of 10, meaning 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 February. As of February 14th, there was short interest totalling 1,450,000 shares, an increase of 9.8% from the January 30th total of 1,320,000 shares. Based on an average daily trading volume, of 352,000 shares, the short-interest ratio is currently 4.1 days. Currently, 4.2% 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), Veeva Systems (VEEV), Synopsys (SNPS), Cadence Design Systems (CDNS), Atlassian (TEAM), Paycom Software (PAYC), Check Point Software Technologies (CHKP), Twilio (TWLO), Okta (OKTA), Docusign (DOCU), SS&C Technologies (SSNC), Tableau Software (DATA), Citrix Systems (CTXS) and Datadog (DDOG).

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), Mastercard (MA), ServiceNow (NOW) and Cisco Systems (CSCO).

Paylocity's stock is owned by a number of of retail and institutional investors. Top institutional shareholders 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 bought 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 $129.56.

Paylocity has a market capitalization of $6.95 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]