Paylocity Holding Corporation (PCTY)
NASDAQ: PCTY · IEX Real-Time Price · USD
140.06
+3.65 (2.68%)
At close: Jul 12, 2024, 4:00 PM
140.55
+0.49 (0.35%)
After-hours: Jul 12, 2024, 5:12 PM EDT

Paylocity Holding Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 187.56, with a low estimate of 145 and a high estimate of 250. The average target predicts an increase of 33.91% from the current stock price of 140.06.

Analyst Consensus: Buy
Target Low Average Median High
Price $145 $187.56 $194 $250
Change +3.53% +33.91% +38.51% +78.49%

Analyst Ratings

The average analyst rating for PCTY stock from 16 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 Feb '24Mar '24Apr '24May '24Jun '24Jul '24
Strong Buy 444455
Buy 555566
Hold 555555
Sell 000000
Strong Sell 000000
Total 141414141616

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Maintains
$180$145
Hold Maintains $180$145 +3.53% Jun 24, 2024
TD Cowen
TD Cowen
Strong Buy
Maintains
$180$153
Strong Buy Maintains $180$153 +9.24% Jun 20, 2024
Citigroup
Citigroup
Hold
Maintains
$178$155
Hold Maintains $178$155 +10.67% Jun 18, 2024
Baird
Baird
Buy
Maintains
$225$195
Buy Maintains $225$195 +39.23% Jun 18, 2024
Stifel
Stifel
Strong Buy
Maintains
$205$185
Strong Buy Maintains $205$185 +32.09% Jun 5, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
1.42B
from 1.17B
Increased by 21.15%
Revenue Next Year
1.60B
from 1.42B
Increased by 12.30%
EPS This Year
6.49
from 2.49
Increased by 160.49%
EPS Next Year
6.90
from 6.49
Increased by 6.41%
Year 20192020202120222023202420252026202720282029
Revenue
467.63M561.33M635.63M852.65M1.17B1.42B1.60B1.82B2.07B2.39B2.71B
Revenue Growth
23.87%20.04%13.24%34.14%37.76%21.15%12.30%13.95%13.51%15.82%13.28%
EPS
0.971.151.261.612.496.496.907.899.58--
EPS Growth
38.57%18.56%9.57%27.78%54.66%160.49%6.41%14.33%21.38%--
Forward PE
-----21.5920.2917.7514.62--
No. Analysts -----232315333
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202420252026202720282029
High 1.5B 1.7B 1.9B 2.2B 2.5B 2.8B
Avg 1.4B 1.6B 1.8B 2.1B 2.4B 2.7B
Low 1.4B 1.5B 1.7B 2.0B 2.3B 2.6B

Revenue Growth

Revenue Growth 202420252026202720282029
High
24.9%
18.3%
21.9%
18.8%
19.2%
16.6%
Avg
21.1%
12.3%
14.0%
13.5%
15.8%
13.3%
Low
16.3%
4.1%
3.7%
7.2%
11.3%
8.9%

EPS Forecast

EPS 2024202520262027
High 6.80 7.85 8.72 9.86
Avg 6.49 6.90 7.89 9.58
Low 5.93 6.07 6.86 9.20

EPS Growth

EPS Growth 2024202520262027
High
173.3%
21.1%
26.3%
24.9%
Avg
160.5%
6.4%
14.3%
21.4%
Low
138.1%
-6.4%
-0.6%
16.6%
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.