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 Statistics

Total Valuation

PCTY has a market cap or net worth of $7.90 billion. The enterprise value is $7.46 billion.

Market Cap 7.90B
Enterprise Value 7.46B

Important Dates

The next confirmed earnings date is Thursday, August 1, 2024, after market close.

Earnings Date Aug 1, 2024
Ex-Dividend Date n/a

Share Statistics

PCTY has 56.43 million shares outstanding. The number of shares has increased by 0.87% in one year.

Shares Outstanding 56.43M
Shares Change (YoY) +0.87%
Shares Change (QoQ) +0.34%
Owned by Insiders (%) 20.56%
Owned by Institutions (%) 83.86%
Float 44.73M

Valuation Ratios

The trailing PE ratio is 40.72 and the forward PE ratio is 21.43. PCTY's PEG ratio is 1.48.

PE Ratio 40.72
Forward PE 21.43
PS Ratio 5.84
Forward PS 5.09
PB Ratio 7.19
P/FCF Ratio 26.55
PEG Ratio 1.48
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.42, with an EV/FCF ratio of 25.06.

EV / Earnings 38.22
EV / Sales 5.51
EV / EBITDA 22.42
EV / EBIT 28.64
EV / FCF 25.06

Financial Position

The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.04.

Current Ratio 1.13
Quick Ratio 0.14
Debt / Equity 0.04
Debt / EBITDA 0.15
Debt / FCF 0.16
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 20.40% and return on invested capital (ROIC) is 16.09%.

Return on Equity (ROE) 20.40%
Return on Assets (ROA) 4.70%
Return on Capital (ROIC) 16.09%
Revenue Per Employee $221,915
Profits Per Employee $32,000
Employee Count 6,100
Asset Turnover 0.32
Inventory Turnover n/a

Taxes

In the past 12 months, PCTY has paid $65.30 million in taxes.

Income Tax 65.30M
Effective Tax Rate 25.07%

Stock Price Statistics

The stock price has decreased by -31.40% in the last 52 weeks. The beta is 0.93, so PCTY's price volatility has been similar to the market average.

Beta (5Y) 0.93
52-Week Price Change -31.40%
50-Day Moving Average 147.72
200-Day Moving Average 161.83
Relative Strength Index (RSI) 53.81
Average Volume (20 Days) 580,675

Short Selling Information

The latest short interest is 2.67 million, so 4.73% of the outstanding shares have been sold short.

Short Interest 2.67M
Short Previous Month 2.66M
Short % of Shares Out 4.73%
Short % of Float 5.97%
Short Ratio (days to cover) 4.05

Income Statement

In the last 12 months, PCTY had revenue of $1.35 billion and earned $195.20 million in profits. Earnings per share was $3.44.

Revenue 1.35B
Gross Profit 932.13M
Operating Income 246.54M
Pretax Income 260.50M
Net Income 195.20M
EBITDA 332.67M
EBIT 260.50M
Earnings Per Share (EPS) $3.44
Full Income Statement

Balance Sheet

The company has $492.70 million in cash and $48.89 million in debt, giving a net cash position of $443.81 million or $7.86 per share.

Cash & Cash Equivalents 492.70M
Total Debt 48.89M
Net Cash 443.81M
Net Cash Per Share $7.86
Equity (Book Value) 1.10B
Book Value Per Share 19.48
Working Capital 481.34M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $381.36 million and capital expenditures -$83.62 million, giving a free cash flow of $297.73 million.

Operating Cash Flow 381.36M
Capital Expenditures -83.62M
Free Cash Flow 297.73M
FCF Per Share $5.28
Full Cash Flow Statement

Margins

Gross margin is 68.86%, with operating and profit margins of 18.21% and 14.42%.

Gross Margin 68.86%
Operating Margin 18.21%
Pretax Margin 19.24%
Profit Margin 14.42%
EBITDA Margin 24.57%
EBIT Margin 19.24%
FCF Margin 21.99%

Dividends & Yields

PCTY does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio n/a
Buyback Yield -0.87%
Shareholder Yield -0.87%
Earnings Yield 2.47%
FCF Yield 3.77%
Dividend Details

Analyst Forecast

The average price target for PCTY is $187.56, which is 33.91% higher than the current price. The consensus rating is "Buy".

Price Target $187.56
Price Target Difference 33.91%
Analyst Consensus Buy
Analyst Count 16
Revenue Growth Forecast (5Y) 14.97%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

PCTY has an Altman Z-Score of 1.97 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.97
Piotroski F-Score 8