Paylocity Holding Corporation (PCTY)
NASDAQ: PCTY · Real-Time Price · USD
175.12
+3.67 (2.14%)
At close: Oct 22, 2024, 4:00 PM
172.50
-2.62 (-1.50%)
Pre-market: Oct 23, 2024, 6:27 AM EDT
Paylocity Holding Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for Paylocity Holding stock have an average target of 184.4, with a low estimate of 153 and a high estimate of 250. The average target predicts an increase of 5.30% from the current stock price of 175.12.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PCTY stock from 15 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 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 5 | 5 | 5 | 5 | 6 |
| Buy | 5 | 6 | 6 | 5 | 5 | 5 |
| Hold | 5 | 5 | 5 | 5 | 5 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 14 | 16 | 16 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold → Strong Buy Upgrades $145 → $200 | Hold → Strong Buy | Upgrades | $145 → $200 | +14.21% | Oct 22, 2024 |
| Needham | Needham | Strong Buy Reiterates $200 | Strong Buy | Reiterates | $200 | +14.21% | Oct 17, 2024 |
| Mizuho | Mizuho | Hold Maintains $155 → $175 | Hold | Maintains | $155 → $175 | -0.07% | Oct 14, 2024 |
| Barclays | Barclays | Hold Maintains $156 → $174 | Hold | Maintains | $156 → $174 | -0.64% | Oct 11, 2024 |
| Keybanc | Keybanc | Buy Maintains $171 → $182 | Buy | Maintains | $171 → $182 | +3.93% | Oct 2, 2024 |
Financial Forecast
Revenue This Year
1.55B
from 1.40B
Increased by 10.73%
Revenue Next Year
1.71B
from 1.55B
Increased by 10.17%
EPS This Year
6.59
from 3.63
Increased by 81.52%
EPS Next Year
7.19
from 6.59
Increased by 9.10%
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 | 1.7B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|
| High | 15.4% | 18.4% | 23.1% | ||
| Avg | 10.7% | 10.2% | 13.0% | ||
| Low | 6.1% | 3.5% | 2.0% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 7.64 | 8.69 | 10.50 |
| Avg | 6.59 | 7.19 | 8.93 |
| Low | 5.78 | 6.26 | 7.45 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 110.6% | 31.9% | 46.1% |
| Avg | 81.5% | 9.1% | 24.2% |
| Low | 59.3% | -5.0% | 3.6% |
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.