Paylocity Holding Corporation (PCTY)

NASDAQ: PCTY · IEX Real-Time Price · USD
161.25
-6.72 (-4.00%)
May 18, 2022 12:56 PM EDT - Market open
Market Cap8.89B
Revenue (ttm)791.16M
Net Income (ttm)87.51M
Shares Out55.12M
EPS (ttm)1.59
PE Ratio101.54
Forward PE68.97
Dividendn/a
Ex-Dividend Daten/a
Volume73,589
Open164.38
Previous Close167.97
Day's Range160.92 - 167.58
52-Week Range152.97 - 314.50
Beta1.31
AnalystsBuy
Price Target251.40 (+55.9%)
Earnings DateMay 5, 2022

About PCTY

Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Payroll and Tax Services solution to simplify payroll, automate processes and manage compliance requirements within one system; expense management, on demand payment, and garnishment solutions; human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution, which tracks time and attendance...

IndustrySoftware
IPO DateMar 19, 2014
CEOSteven Beauchamp
Employees4,150
Stock ExchangeNASDAQ
Ticker SymbolPCTY
Full Company Profile

Financial Performance

In 2021, PCTY's revenue was $635.63 million, an increase of 13.24% compared to the previous year's $561.33 million. Earnings were $70.82 million, an increase of 9.87%.

Financial Statements

Analyst Forecast

According to 22 analysts, the average rating for PCTY stock is "Buy." The 12-month stock price forecast is 251.4, which is an increase of 55.91% from the latest price.

Price Target
$251.4
(55.91% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Paylocity (PCTY) Surpasses Q3 Earnings and Revenue Estimates

Paylocity (PCTY) delivered earnings and revenue surprises of 34.07% and 1.81%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

1 week ago - Zacks Investment Research

Paylocity Announces Third Quarter Fiscal Year 2022 Financial Results

SCHAUMBURG, Ill., May 05, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced financial results fo...

1 week ago - GlobeNewsWire

Be ready to snatch up these 8 software stocks when they bottom, Jim Cramer says

"Eventually, even these heinous stocks, formerly high-flying tech stocks, will get so cheap that they're going to find a bottom," the "Mad Money" host said.

3 weeks ago - CNBC

Paylocity Adds New Communication and Collaboration Features to Its Community Offering, Further Expanding the Most Com...

SCHAUMBURG, Ill.--(BUSINESS WIRE)--Paylocity is launching Community Plus, which adds communication and collaboration tools to Community, its online social collaboration hub.

4 weeks ago - Business Wire

3 Internet Software Stocks to Buy in a Challenging Industry

The Zacks Internet software industry participants like Splunk (SPLK), Paylocity Holding (PCTY) and Rimini Street (RMNI) benefit from high demand for SaaS due to the increasing need for remote working, l...

Other symbols:RMNISPLK
1 month ago - Zacks Investment Research

Paylocity Announces Q3 FY22 Earnings Conference Call

SCHAUMBURG, Ill., April 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 schedu...

1 month ago - GlobeNewsWire

Paylocity Announces Promotion of Toby Williams to President and Co-CEO, and Ryan Glenn to CFO

Steve Beauchamp continues as Co-CEO and Board Member Steve Beauchamp continues as Co-CEO and Board Member

2 months ago - GlobeNewsWire

Executives Sell Over $50M Of 5 Stocks

Although US crude oil futures traded higher this morning, there were a few notable insider trades. When insiders sell shares, it indicates their concern in the company's prospects or that they view the ...

Other symbols:BGGOOGGOOGLJOEMORN
2 months ago - Benzinga

Executives Sell More Than $47M Of 5 Stocks

Although the Bank of Canada raised its key lending rate to 0.5% on Wednesday, there were a few notable insider trades. When insiders sell shares, it indicates their concern in the company's prospects or...

Other symbols:ABBVMORNRIDERS
2 months ago - Benzinga

Paylocity (PCTY) Q2 Earnings and Revenues Beat Estimates

Paylocity's (PCTY) Q2 results reflect benefits from better sales executions, and the company's sustained investments in technological upgrades and product innovation.

3 months ago - Zacks Investment Research

Paylocity Announces Second Quarter Fiscal Year 2022 Financial Results

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

3 months ago - GlobeNewsWire

Paylocity (PCTY) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Paylocity (PCTY) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

3 months ago - Zacks Investment Research

Paylocity (PCTY) Enriches Product Suite With Cloudsnap Buyout

With the Cloudsnap acquisition, Paylocity (PCTY) is likely to be able to deliver integration and data sharing solutions to organizations, thereby allowing them to connect applications to automate their ...

3 months ago - Zacks Investment Research

Paylocity Announces Acquisition of Cloudsnap

Integration Automation Platform Reaffirms Commitment to Delivering the Most Modern Workforce Solutions Platform Integration Automation Platform Reaffirms Commitment to Delivering the Most Modern Workfor...

3 months ago - GlobeNewsWire

Paylocity announces Q2 FY22 earnings conference call

SCHAUMBURG, Ill., Jan. 18, 2022 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has schedul...

4 months ago - GlobeNewsWire

Fidelity Investments® and Paylocity Team Up to Provide Integrated Payroll Capabilities for Fidelity Advantage 401(k) ...

BOSTON--(BUSINESS WIRE)--Fidelity Investments and Paylocity announced new integrated payroll capabilities within Fidelity Advantage 401(k) pooled employer plan (PEP).

6 months ago - Business Wire

Paylocity (PCTY) Q1 Earnings & Revenues Top Estimates, Up Y/Y

Paylocity's (PCTY) Q1 results reflect benefits from better sales executions, and the company's sustained investments in technological upgrades and product innovation.

6 months ago - Zacks Investment Research

Paylocity (PCTY) Tops Q1 Earnings and Revenue Estimates

Paylocity (PCTY) delivered earnings and revenue surprises of 59.46% and 4.31%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

6 months ago - Zacks Investment Research

Paylocity Announces First Quarter Fiscal Year 2022 Financial Results

SCHAUMBURG, Ill., Nov. 04, 2021 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced financial results f...

6 months ago - GlobeNewsWire

Why Paylocity (PCTY) Might Surprise This Earnings Season

Paylocity (PCTY) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

6 months ago - Zacks Investment Research

Why the Earnings Surprise Streak Could Continue for Paylocity (PCTY)

Paylocity (PCTY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

6 months ago - Zacks Investment Research

Paylocity (PCTY) Expected to Beat Earnings Estimates: Should You Buy?

Paylocity (PCTY) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

6 months ago - Zacks Investment Research

Paylocity Kicks Off Annual Elevate Conference, Preparing Clients to Navigate Today's Most Urgent Workplace Challenges...

Thirteenth Annual Event to Deliver Premiere Keynotes, Trend Analyses and Hands-On Workshops Thirteenth Annual Event to Deliver Premiere Keynotes, Trend Analyses and Hands-On Workshops

6 months ago - GlobeNewsWire

Paylocity announces Q1 FY22 earnings conference call

SCHAUMBURG, Ill., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has schedul...

7 months ago - GlobeNewsWire

Paylocity (PCTY) Upgraded to Buy: Here's What You Should Know

Paylocity (PCTY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

7 months ago - Zacks Investment Research