NASDAQ:PCTY

Paylocity Competitors

$188.72

-0.35 (-0.19 %)

(As of 04/9/2021 12:00 AM ET)

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Today's Range

$183.92

Now: $188.72▼

$188.90

50-Day Range

$167.08

MA: $183.51▼

$206.24

52-Week Range

$84.48

Now: $188.72▼

$218.34

Volume144,283 shs

Average Volume272,279 shs

Market Capitalization$10.26 billion

P/E Ratio167.01

Dividend YieldN/A

Beta1.36

Paylocity (NASDAQ:PCTY) Vs. CDNS, EA, VEEV, SNPS, OKTA, and ANSS

Should you be buying PCTY stock or one of its competitors? Companies in the industry of "prepackaged software" are considered alternatives and competitors to Paylocity, including Cadence Design Systems (CDNS), Electronic Arts (EA), Veeva Systems (VEEV), Synopsys (SNPS), Okta (OKTA), and ANSYS (ANSS).

Paylocity vs. Cadence Design Systems Stock

Cadence Design Systems (NASDAQ:CDNS) and Paylocity (NASDAQ:PCTY) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Cadence Design Systems and Paylocity, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Cadence Design Systems	1	2	9	0	2.67
Paylocity	0	6	9	0	2.60

Cadence Design Systems presently has a consensus price target of $140.9167, indicating a potential downside of 3.05%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Paylocity's higher probable upside, analysts clearly believe Paylocity is more favorable than Cadence Design Systems.

Earnings and Valuation

This table compares Cadence Design Systems and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Cadence Design Systems	$2.34 billion	17.36	$988.98 million	$3.53	41.18
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

Cadence Design Systems has higher revenue and earnings than Paylocity. Cadence Design Systems is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

83.9% of Cadence Design Systems shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 2.6% of Cadence Design Systems shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Cadence Design Systems has a beta of 1.05, indicating that its stock price is 5% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Profitability

This table compares Cadence Design Systems and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Cadence Design Systems	42.68%	48.31%	28.21%
Paylocity	11.05%	16.89%	2.93%

Summary

Cadence Design Systems beats Paylocity on 8 of the 13 factors compared between the two stocks.

Paylocity vs. Electronic Arts Stock

Electronic Arts (NASDAQ:EA) and Paylocity (NASDAQ:PCTY) are both large-cap consumer discretionary companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Electronic Arts and Paylocity, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Electronic Arts	0	12	14	0	2.54
Paylocity	0	6	9	0	2.60

Electronic Arts presently has a consensus price target of $153.3448, indicating a potential upside of 9.17%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Electronic Arts' higher probable upside, research analysts clearly believe Electronic Arts is more favorable than Paylocity.

Earnings and Valuation

This table compares Electronic Arts and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Electronic Arts	$5.54 billion	7.30	$3.04 billion	$4.76	29.51
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

Electronic Arts has higher revenue and earnings than Paylocity. Electronic Arts is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

88.0% of Electronic Arts shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 0.9% of Electronic Arts shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Electronic Arts has a beta of 0.92, indicating that its stock price is 8% less volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Profitability

This table compares Electronic Arts and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Electronic Arts	23.51%	17.85%	12.11%
Paylocity	11.05%	16.89%	2.93%

Summary

Electronic Arts beats Paylocity on 9 of the 14 factors compared between the two stocks.

Paylocity vs. Veeva Systems Stock

Veeva Systems (NYSE:VEEV) and Paylocity (NASDAQ:PCTY) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Veeva Systems and Paylocity, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Veeva Systems	1	5	15	0	2.67
Paylocity	0	6	9	0	2.60

Veeva Systems presently has a consensus price target of $299.8696, indicating a potential upside of 13.49%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Veeva Systems' stronger consensus rating and higher probable upside, research analysts clearly believe Veeva Systems is more favorable than Paylocity.

Earnings and Valuation

This table compares Veeva Systems and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Veeva Systems	$1.10 billion	36.25	$301.12 million	$1.62	163.10
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

Veeva Systems has higher revenue and earnings than Paylocity. Paylocity is trading at a lower price-to-earnings ratio than Veeva Systems, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

77.5% of Veeva Systems shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 14.4% of Veeva Systems shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Veeva Systems has a beta of 0.84, indicating that its stock price is 16% less volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Profitability

This table compares Veeva Systems and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Veeva Systems	24.88%	15.73%	12.12%
Paylocity	11.05%	16.89%	2.93%

Summary

Veeva Systems beats Paylocity on 10 of the 14 factors compared between the two stocks.

Paylocity vs. Synopsys Stock

Synopsys (NASDAQ:SNPS) and Paylocity (NASDAQ:PCTY) are both large-cap computer and technology companies, but which is the better stock? We will compare the two companies based on the strength of their valuation, profitability, earnings, risk, analyst recommendations, institutional ownership and dividends.

Analyst Ratings

This is a summary of current ratings and target prices for Synopsys and Paylocity, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Synopsys	0	2	10	0	2.83
Paylocity	0	6	9	0	2.60

Synopsys presently has a consensus price target of $284.8182, indicating a potential upside of 8.77%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Synopsys' stronger consensus rating and higher probable upside, research analysts clearly believe Synopsys is more favorable than Paylocity.

Earnings and Valuation

This table compares Synopsys and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Synopsys	$3.69 billion	10.83	$664.35 million	$4.27	61.32
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

Synopsys has higher revenue and earnings than Paylocity. Synopsys is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

86.1% of Synopsys shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 1.8% of Synopsys shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Synopsys has a beta of 1.1, indicating that its stock price is 10% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Profitability

This table compares Synopsys and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Synopsys	18.03%	14.81%	8.79%
Paylocity	11.05%	16.89%	2.93%

Summary

Synopsys beats Paylocity on 9 of the 14 factors compared between the two stocks.

Paylocity vs. Okta Stock

Okta (NASDAQ:OKTA) and Paylocity (NASDAQ:PCTY) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, valuation, analyst recommendations and institutional ownership.

Profitability

This table compares Okta and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Okta	-31.38%	-31.29%	-6.65%
Paylocity	11.05%	16.89%	2.93%

Valuation and Earnings

This table compares Okta and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Okta	$586.07 million	54.69	$-208,910,000.00	($1.39)	-175.73
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

Paylocity has lower revenue, but higher earnings than Okta. Okta is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings and price targets for Okta and Paylocity, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Okta	0	6	12	0	2.67
Paylocity	0	6	9	0	2.60

Okta presently has a consensus price target of $266.9474, indicating a potential upside of 9.29%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Okta's stronger consensus rating and higher possible upside, analysts clearly believe Okta is more favorable than Paylocity.

Volatility and Risk

Okta has a beta of 0.99, indicating that its stock price is 1% less volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Institutional & Insider Ownership

75.8% of Okta shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 12.0% of Okta shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Summary

Paylocity beats Okta on 8 of the 14 factors compared between the two stocks.

Paylocity vs. ANSYS Stock

ANSYS (NASDAQ:ANSS) and Paylocity (NASDAQ:PCTY) are both large-cap computer and technology companies, but which is the superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, valuation, analyst recommendations and institutional ownership.

Profitability

This table compares ANSYS and Paylocity's net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
ANSYS	24.88%	12.09%	8.82%
Paylocity	11.05%	16.89%	2.93%

Valuation and Earnings

This table compares ANSYS and Paylocity's revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
ANSYS	$1.52 billion	21.08	$451.30 million	$5.51	66.55
Paylocity	$561.33 million	18.28	$64.46 million	$1.24	152.19

ANSYS has higher revenue and earnings than Paylocity. ANSYS is trading at a lower price-to-earnings ratio than Paylocity, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a summary of current ratings and price targets for ANSYS and Paylocity, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
ANSYS	1	3	4	0	2.38
Paylocity	0	6	9	0	2.60

ANSYS presently has a consensus price target of $329.00, indicating a potential downside of 10.28%. Paylocity has a consensus price target of $189.8750, indicating a potential upside of 0.61%. Given Paylocity's stronger consensus rating and higher possible upside, analysts clearly believe Paylocity is more favorable than ANSYS.

Volatility and Risk

ANSYS has a beta of 1.23, indicating that its stock price is 23% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 1.36, indicating that its stock price is 36% more volatile than the S&P 500.

Institutional & Insider Ownership

89.4% of ANSYS shares are owned by institutional investors. Comparatively, 68.7% of Paylocity shares are owned by institutional investors. 0.6% of ANSYS shares are owned by insiders. Comparatively, 32.9% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.