Paylocity Holding Corporation (PCTY)
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]
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 StatementsAnalyst 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.
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...

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.

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.

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...

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.

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.

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?

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...

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.

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...

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...

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.

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.

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.

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?

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...

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...

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...

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.

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.

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.

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 ...

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.

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?

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...