Paylocity Holding Corporation (PCTY)

NASDAQ: PCTY · IEX Real-Time Price · USD
182.25
+1.40 (0.77%)
Mar 24, 2023, 4:00 PM EDT - Market closed
0.77%
Market Cap 10.16B
Revenue (ttm) 1.00B
Net Income (ttm) 95.94M
Shares Out 55.77M
EPS (ttm) 1.71
PE Ratio 106.58
Forward PE 76.92
Dividend n/a
Ex-Dividend Date n/a
Volume 602,905
Open 180.85
Previous Close 180.85
Day's Range 179.13 - 184.12
52-Week Range 152.01 - 276.88
Beta 1.06
Analysts Buy
Price Target 283.62 (+55.62%)
Earnings Date May 4, 2023

About PCTY

Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It also provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking servi... [Read more]

Sector Technology
IPO Date Mar 19, 2014
Employees 5,300
Stock Exchange NASDAQ
Ticker Symbol PCTY
Full Company Profile

Financial Performance

In 2022, PCTY's revenue was $852.65 million, an increase of 34.14% compared to the previous year's $635.63 million. Earnings were $90.78 million, an increase of 28.18%.

Financial Statements

Analyst Forecast

According to 23 analysts, the average rating for PCTY stock is "Buy." The 12-month stock price forecast is $283.62, which is an increase of 55.62% from the latest price.

Price Target
$283.62
(55.62% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Paylocity Unveils AI Assist™ – Leading the Industry in Integrating Generative AI into HCM Software

Leveraging OpenAI—the developer of ChatGPT—AI Assist Uses Artificial Intelligence to Enable Faster and More Effective Communications Across the Enterprise Leveraging OpenAI—the developer of ChatGPT—AI...

3 days ago - GlobeNewsWire

What Makes Paylocity (PCTY) a New Buy Stock

Paylocity (PCTY) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

1 month ago - Zacks Investment Research

What Makes Paylocity (PCTY) a Strong Momentum Stock: Buy Now?

Does Paylocity (PCTY) have what it takes to be a top stock pick for momentum investors? Let's find out.

1 month ago - Zacks Investment Research

Wall Street Analysts Think Paylocity (PCTY) Could Surge 26.38%: Read This Before Placing a Bet

The consensus price target hints at a 26.4% upside potential for Paylocity (PCTY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimat...

1 month ago - Zacks Investment Research

3 Reasons Growth Investors Will Love Paylocity (PCTY)

Paylocity (PCTY) is well positioned to outperform the market, as it exhibits above-average growth in financials.

1 month ago - Zacks Investment Research

Paylocity (PCTY) Soars 4% on Q2 Earnings Beat, Guidance Raise

Better sales execution and sustained investments in technological upgrades and product innovation drive Paylocity's (PCTY) Q2 earnings and revenues higher.

1 month ago - Zacks Investment Research

Paylocity (PCTY) Q2 Earnings and Revenues Beat Estimates

Paylocity (PCTY) delivered earnings and revenue surprises of 60% and 5.09%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

1 month ago - Zacks Investment Research

Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results

SCHAUMBURG, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial result...

1 month ago - GlobeNewsWire

4 Tech Stocks Seeing Upward Estimate Revisions Heading into Earnings

The revisions trend indicates that not all tech stocks are headed the same way as Microsoft.

Other symbols: CRUS
1 month ago - Zacks Investment Research

Paylocity announces Q2 FY23 earnings conference call

SCHAUMBURG, Ill., Jan. 18, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has sched...

2 months ago - GlobeNewsWire

Paylocity Accelerates Delivery of Integrations with Third-Party Systems, Enabling Greater Use of Employee Data Across the Enterprise

SCHAUMBURG, Ill., Jan. 17, 2023 (GLOBE NEWSWIRE) -- Building on its history of bringing the most modern technology innovations to the HR industry, Paylocity (NASDAQ: PCTY) today announced it has fully...

2 months ago - GlobeNewsWire

Top 5 Momentum Stocks for January After a Disappointing 2022

We have narrowed our search on five momentum stocks with strong potential in 2023. These are: DOCU, ANET, CAG, PCTY and SCCO.

Other symbols: ANETCAGDOCUSCCO
2 months ago - Zacks Investment Research

Here's Why Paylocity (PCTY) is a Strong Growth Stock

The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.

2 months ago - Zacks Investment Research

Paylocity (PCTY) Beats on Q1 Earnings & Revenue Estimates

Paylocity's (PCTY) Q1 results reflect the benefits of better sales execution and sustained investments in technological upgrades and product innovation.

5 months ago - Zacks Investment Research

Paylocity (PCTY) Q1 Earnings and Revenues Beat Estimates

Paylocity (PCTY) delivered earnings and revenue surprises of 60.66% and 5.60%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

Paylocity Announces First Quarter Fiscal Year 2023 Financial Results

SCHAUMBURG, Ill., Nov. 03, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial result...

5 months ago - GlobeNewsWire

3 Under-the-Radar Fintech Stocks With 200% Upside Potential

Sometimes, when it comes to investing, under-the-radar stocks are a much better option than very well-known names. For example, few people heard of Moderna (NASDAQ: MRNA) before the coronavirus pande...

Other symbols: FLTNU
5 months ago - InvestorPlace

Paylocity announces Q1 FY23 earnings conference call

SCHAUMBURG, Ill., Oct. 13, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has sched...

5 months ago - GlobeNewsWire

Is Paylocity Holding (PCTY) Outperforming Other Computer and Technology Stocks This Year?

Here is how Paylocity (PCTY) and Wesco International (WCC) have performed compared to their sector so far this year.

6 months ago - Zacks Investment Research

NICE's Clientele Expands as Yolo County Selects Justice

NICE's (NICE) Justice, one of the solutions in the Evidencentral cloud-based platform, is set to be deployed in the Yolo County District Attorney's Office.

Other symbols: MSFTNICESNCR
7 months ago - Zacks Investment Research

Top 5 Momentum Stocks to Brace for a Scary September

We have narrowed our search to five large-cap momentum stocks that have solid upside left for September. These are: SWAV, PCTY, DINO, MPC and ULTA.

Other symbols: DINOMPCSWAVULTA
7 months ago - Zacks Investment Research

Paylocity and Revere Plastics Team Up to Win Brandon Hall Excellence Award for Best Approach to Human Capital Management (HCM) Innovation

Joint HCM Innovation Award is One of Six Awards Won by Paylocity for Successful Deployments and Excellence in Learning and Development Joint HCM Innovation Award is One of Six Awards Won by Paylocity ...

7 months ago - GlobeNewsWire

Has Paylocity Holding (PCTY) Outpaced Other Computer and Technology Stocks This Year?

Here is how Paylocity (PCTY) and Impinj (PI) have performed compared to their sector so far this year.

7 months ago - Zacks Investment Research

3 Payroll Software Makers Set For Growth In 2023

Payroll companies anticipate strong results in 2023. Is it time to buy, or wait for these stocks to get momentum from their current consolidations?

Other symbols: ADPPAYX
7 months ago - MarketBeat

3 Internet Software Stocks to Buy in a Challenging Industry

The Zacks Internet software industry participants like Paylocity Holding (PCTY) PayPal (PYPL) and Model N (MODN) benefit from high demand for SaaS due to the increasing need for remote working, learni...

Other symbols: MODNPYPL
7 months ago - Zacks Investment Research