Paylocity Holding Corporation (PCTY)
NASDAQ: PCTY · Real-Time Price · USD
197.38
+0.38 (0.19%)
Jan 21, 2025, 4:00 PM EST - Market closed
Paylocity Holding Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 213.8, with a low estimate of 180 and a high estimate of 250. The average target predicts an increase of 8.32% from the current stock price of 197.38.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for PCTY stock from 15 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 6 | 7 | 7 | 7 | 8 |
| Buy | 6 | 5 | 5 | 5 | 5 | 5 |
| Hold | 5 | 5 | 4 | 4 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold → Strong Buy Upgrades $214 → $231 | Hold → Strong Buy | Upgrades | $214 → $231 | +17.03% | Jan 16, 2025 |
| Needham | Needham | Strong Buy Reiterates $220 | Strong Buy | Reiterates | $220 | +11.46% | Jan 15, 2025 |
| TD Cowen | TD Cowen | Strong Buy Maintains $235 → $228 | Strong Buy | Maintains | $235 → $228 | +15.51% | Jan 6, 2025 |
| Mizuho | Mizuho | Hold Maintains $180 → $200 | Hold | Maintains | $180 → $200 | +1.33% | Dec 13, 2024 |
| BMO Capital | BMO Capital | Buy Maintains $203 → $240 | Buy | Maintains | $203 → $240 | +21.59% | Dec 12, 2024 |
Financial Forecast
Revenue This Year
1.58B
from 1.40B
Increased by 12.37%
Revenue Next Year
1.73B
from 1.58B
Increased by 9.96%
EPS This Year
6.76
from 3.63
Increased by 86.23%
EPS Next Year
7.33
from 6.76
Increased by 8.46%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 1.6B | 1.8B | 2.1B | ||
| Avg | 1.6B | 1.7B | 1.9B | ||
| Low | 1.5B | 1.6B | 1.8B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 16.2% | 16.6% | 21.5% | ||
| Avg | 12.4% | 10.0% | 11.3% | ||
| Low | 7.7% | 3.9% | 4.1% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.63 | 8.40 | 10.36 |
| Avg | 6.76 | 7.33 | 8.45 |
| Low | 6.17 | 6.22 | 6.89 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 110.3% | 24.3% | 41.4% |
| Avg | 86.2% | 8.5% | 15.2% |
| Low | 70.1% | -7.9% | -6.0% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.