Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Paylocity Holding Corp Market Cap
The Paylocity Holding Corp (PCTY) share price is expected to increase by 1.87% over the next year. This is based on calculating the average 12-month share price estimate provided by 20 stock analysts who have covered PCTY. Price targets range from $175 at the low end to $250 at the high end. The current analyst consensus for PCTY is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
About 20 Wall Street analysts have assigned PCTY 14 buy ratings, 6 hold ratings, and 0 sell ratings. This means that analysts expect Paylocity Holding Corp to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on PCTY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of PCTY.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Jared Levine TD Cowen | Buy | $235 | Maintains | Dec 9, 2024 |
| Samad Samana Jefferies | Buy | $240 | Maintains | Dec 9, 2024 |
| Siti Panigrahi Mizuho | Neutral | $180 | Maintains | Nov 4, 2024 |
| Scott Berg Needham | Buy | $220 | Reiterates | Nov 4, 2024 |
| Terry Tillman Truist Securities | Buy | $210 | Maintains | Nov 1, 2024 |
| Jason Celino Keybanc | Overweight | $210 | Maintains | Oct 31, 2024 |
| Samad Samana Jefferies | Buy | $215 | Maintains | Oct 31, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $180 | Maintains | Oct 31, 2024 |
| Daniel Jester BMO Capital | Outperform | $203 | Maintains | Oct 31, 2024 |
| Scott Berg Needham | Buy | $220 | Maintains | Oct 31, 2024 |
| Arvind Ramnani Piper Sandler | Overweight | $212 | Maintains | Oct 31, 2024 |
| Jason Celino Keybanc | Overweight | $187 | Maintains | Oct 25, 2024 |
| Samad Samana Jefferies | Buy | $200 | Upgrade | Oct 22, 2024 |
| Scott Berg Needham | Buy | $200 | Reiterates | Oct 17, 2024 |
| Siti Panigrahi Mizuho | Neutral | $175 | Maintains | Oct 14, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $174 | Maintains | Oct 11, 2024 |
| Jason Celino Keybanc | Overweight | $182 | Maintains | Oct 2, 2024 |
| Scott Berg Needham | Buy | $200 | Reiterates | Sep 5, 2024 |
| Patrick Walravens JMP Securities | Market Outperform | $250 | Reiterates | Aug 5, 2024 |
| Raimo Lenschow Barclays | Equal-Weight | $156 | Maintains | Aug 5, 2024 |
When did it IPO
2014
Staff Count
6,400
Country
United States
Sector/Industry
Technology/Software - Application
CEO
Mr. Toby J. Williams J.D.
Market Cap
$11.35B
In 2023, PCTY generated $1.17B in revenue, which was a increase of 37.76% from the previous year. This can be seen as a signal that PCTY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Fri, 29 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Paylocity (PCTY) reported earnings 30 days ago; investors should monitor upcoming developments and market reactions for future stock performance.
Why It Matters - Paylocity's recent earnings report can signal growth potential or risks, influencing stock performance and investor sentiment in the short term.
Tue, 26 Nov 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - PCTY shows promising long-term prospects, but investors should exercise caution due to macroeconomic uncertainties and high stock valuation.
Why It Matters - Ongoing macroeconomic uncertainties can impact PCTY's growth, while a high valuation may limit upside potential, suggesting a cautious approach for investment decisions.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Paylocity Holding Corporation will hold its Q1 2025 Earnings Conference Call on October 30, 2024, at 5:30 PM ET, featuring key executives and analysts from various firms.
Why It Matters - The earnings call indicates upcoming financial results and strategic insights from Paylocity's leadership, which can influence stock performance and investor sentiment.
Wed, 30 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Paylocity (PCTY) reported Q1 earnings of $1.66 per share, surpassing the Zacks estimate of $1.39 and increasing from $1.40 per share year-over-year.
Why It Matters - Paylocity's earnings beat expectations, indicating strong financial performance and growth. This could boost investor confidence and positively impact the stock price.
Fri, 01 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - PCTY reported improved earnings and revenues in Q1 fiscal 2025, driven by effective operational cost management and innovation efforts.
Why It Matters - PCTY's improved earnings and revenues signal effective cost management and innovation, indicating potential growth and profitability, which can positively influence stock performance.
Wed, 23 Oct 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Paylocity (PCTY) is expected to potentially exceed earnings estimates in its upcoming report, driven by favorable conditions. Investors should stay informed on key expectations.
Why It Matters - Paylocity's potential earnings beat may signal strong financial health, boosting investor confidence and possibly driving stock price up. Key expectations can influence trading strategies.
The information that Ticker Nerd provides is general in nature as it has been prepared without taking account of your objectives, financial situation or needs. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Ticker Nerd is for information purposes only. Ticker Nerd is not responsible for any damages or losses that may occur as a result of reliance on this information. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser. All content, group, messaging, tweets, newsletter, article, and email created by Ticker Nerd is intended for educational and information purposes only, is not financial, investment, legal or tax advice, and is a restatement, summary or extract of other data and research reports that are widely distributed from sources such as, but not limited to, Bloomberg, Market Watch, Wall Street Journal, Google Finance, and Yahoo Finance. Ticker Nerd is not a registered financial, investment, legal or tax advisor and is not liable for any financial loss you may incur acting on any information provided by Ticker Nerd. By registering, you agree not to hold Ticker Nerd liable at any time or under any circumstances for your decisions, actions, or results.
