Paylocity Holding Corporation (PCTY)
NASDAQ: PCTY · IEX Real-Time Price · USD
156.16
-2.72 (-1.71%)
At close: Apr 24, 2024, 4:00 PM
156.00
-0.16 (-0.10%)
After-hours: Apr 24, 2024, 5:58 PM EDT
Paylocity Holding Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 198.23, with a low estimate of 155 and a high estimate of 250. The average target predicts an increase of 26.94% from the current stock price of 156.16.
Analyst Consensus: Buy
* Price targets were last updated on Feb 9, 2024.
Analyst Ratings
The average analyst rating for PCTY stock from 13 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 4 | 4 | 3 |
| Buy | 5 | 5 | 5 | 5 | 5 | 5 |
| Hold | 4 | 4 | 5 | 5 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 11 | 12 | 14 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $250 → $200 | Strong Buy | Maintains | $250 → $200 | +28.07% | Feb 9, 2024 |
| Keybanc | Keybanc | Buy Maintains $197 → $186 | Buy | Maintains | $197 → $186 | +19.11% | Feb 9, 2024 |
| Mizuho | Mizuho | Hold Maintains $170 → $155 | Hold | Maintains | $170 → $155 | -0.74% | Feb 9, 2024 |
| Needham | Needham | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +28.07% | Feb 9, 2024 |
| Piper Sandler | Piper Sandler | Buy Maintains $207 → $210 | Buy | Maintains | $207 → $210 | +34.48% | Feb 9, 2024 |
Financial Forecast
Revenue This Year
1.42B
from 1.17B
Increased by 20.47%
Revenue Next Year
1.60B
from 1.42B
Increased by 13.36%
EPS This Year
6.25
from 2.49
Increased by 151.05%
EPS Next Year
6.81
from 6.25
Increased by 9.01%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.5B | 1.7B | 2.0B | 2.3B | 2.6B |
| Avg | 1.4B | 1.6B | 1.8B | 2.2B | 2.5B |
| Low | 1.4B | 1.5B | 1.7B | 2.1B | 2.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 24.2% | 19.5% | 21.9% | 23.0% | 17.5% |
| Avg | 20.5% | 13.4% | 14.3% | 19.5% | 14.1% |
| Low | 15.4% | 7.2% | 7.7% | 14.8% | 9.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.74 | 7.75 | 8.68 |
| Avg | 6.25 | 6.81 | 7.92 |
| Low | 5.70 | 6.02 | 6.99 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 170.7% | 24.0% | 27.4% |
| Avg | 151.1% | 9.0% | 16.2% |
| Low | 129.1% | -3.7% | 2.5% |
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.