12 Month Price Forecast For PCTY
Distance to PCTY Price Forecasts
PCTY Price Momentum
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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.
Data last updated: January 23, 2025 12:03 PM UTC
PCTY Analyst Ratings & Price Targets
Based on our analysis of 27 Wall Street analysts, PCTY has a consensus that is bullish. The median price target is $211.00, with forecasts ranging from $184.00 to $250.00. Currently, there are 15 Buy ratings, 5 Hold ratings, and 0 Sell ratings.
With PCTY currently trading at $197.74, the median price forecast suggests a 6.7% upside. The most optimistic forecast comes from Patrick Walravens at JMP Securities, projecting a 26.4% upside, while Arvind Ramnani at Piper Sandler provides the most conservative target, suggesting a -6.9% downside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
PCTY Analyst Consensus
PCTY Price Target Range
Latest PCTY Stock Forecasts by Analyst
These are the latest 20 analyst ratings and price targets for PCTY.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jan 16, 2025 | Citigroup | Steven Enders | Buy | Upgrade | $231.00 |
| Jan 15, 2025 | Needham | Scott Berg | Buy | Reiterates | $220.00 |
| Jan 6, 2025 | TD Cowen | Buy | Maintains | $0.00 | |
| Dec 13, 2024 | Mizuho | Siti Panigrahi | Neutral | Maintains | $200.00 |
| Dec 12, 2024 | BMO Capital | Outperform | Maintains | $0.00 | |
| Dec 9, 2024 | Jefferies | Samad Samana | Buy | Maintains | $240.00 |
| Dec 9, 2024 | TD Cowen | Jared Levine | Buy | Maintains | $235.00 |
| Nov 4, 2024 | Mizuho | Siti Panigrahi | Neutral | Maintains | $180.00 |
| Nov 4, 2024 | Needham | Scott Berg | Buy | Reiterates | $220.00 |
| Nov 1, 2024 | Truist Securities | Terry Tillman | Buy | Maintains | $210.00 |
| Oct 31, 2024 | Barclays | Raimo Lenschow | Equal-Weight | Maintains | $180.00 |
| Oct 31, 2024 | Jefferies | Samad Samana | Buy | Maintains | $215.00 |
| Oct 31, 2024 | Stifel | Buy | Maintains | $0.00 | |
| Oct 31, 2024 | BMO Capital | Daniel Jester | Outperform | Maintains | $203.00 |
| Oct 31, 2024 | Needham | Scott Berg | Buy | Maintains | $220.00 |
| Oct 31, 2024 | Keybanc | Jason Celino | Overweight | Maintains | $210.00 |
| Oct 31, 2024 | Piper Sandler | Arvind Ramnani | Overweight | Maintains | $212.00 |
| Oct 25, 2024 | Keybanc | Jason Celino | Overweight | Maintains | $187.00 |
| Oct 22, 2024 | Jefferies | Samad Samana | Buy | Upgrade | $200.00 |
| Oct 17, 2024 | Needham | Scott Berg | Buy | Reiterates | $200.00 |
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The following stocks are similar to Paylocity based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Paylocity Holding Corp (PCTY) Financial Data
Paylocity Holding Corp has a market capitalization of $11.00B with a P/E ratio of 58.7x. The company generates $1.45B in trailing twelve-month revenue with a 15.3% profit margin.
Revenue growth is +28.2% quarter-over-quarter, while maintaining an operating margin of +5.4% and return on equity of +22.2%.
Valuation Metrics
Growth & Margins
Financial Health
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Paylocity Holding Corp (PCTY) Company Overview
About Paylocity Holding Corp
Provides cloud-based human capital management solutions.
The company generates revenue by offering a suite of cloud-based software solutions that encompass payroll management, time and labor tracking, and human resources functionalities. These services are tailored to both for-profit and non-profit organizations across various industries, ensuring a diverse client base and multiple revenue streams.
Founded in 1997 and headquartered in Schaumburg, Illinois, the company also provides additional services like implementation, training, and regulatory compliance support. Its comprehensive offerings position it well within the growing market for human capital management tools.
Company Information
Sector
Technology
Industry
Software - Application
Employees
6,400
CEO
Mr. Toby J. Williams J.D.
Country
United States
IPO Year
2014
Website
www.paylocity.comPaylocity Holding Corp (PCTY) Latest News & Analysis
Paylocity (PCTY) is being evaluated for its potential as a strong momentum stock pick. Investors may want to monitor its performance closely.
The analysis of Paylocity's potential as a momentum stock indicates possible growth opportunities, influencing investment decisions and portfolio strategies.
Paylocity Holding Corporation (Nasdaq: PCTY) will hold a conference call on February 6, 2025, at 4:30 PM CT to discuss its Q2 fiscal 2025 results.
Paylocity's upcoming earnings call may reveal key financial performance insights, impacting stock valuation and investor sentiment regarding its growth trajectory.
Paylocity (PCTY) has a strong history of earnings surprises and is positioned well for a potential beat in its upcoming quarterly report.
Paylocity's strong earnings surprise history and favorable indicators suggest potential for positive earnings results, which can boost investor confidence and influence stock price.
PCTY has increased by 19.6% over the past year, driven by AI innovation, strong growth, and Airbase expansion, positioning it as a strong buy for 2025.
PCTY's significant growth and AI advancements suggest strong future performance, indicating potential for further price appreciation, making it attractive for long-term investors.
Twilio, Wix, and Paylocity are identified as leading AI stocks in the enterprise software industry, contributing to a rise in the sector.
Rising AI stocks like Twilio, Wix, and Paylocity signal growth in the enterprise software sector, potentially indicating strong performance and investment opportunities.
PCTY has strong prospects, but investors should exercise caution due to its high valuation and ongoing macroeconomic uncertainties.
High valuation and macroeconomic uncertainties may lead to volatility in PCTY's stock price, impacting potential returns and risk assessments for investors.
Frequently Asked Questions About PCTY Stock
What is Paylocity Holding Corp's (PCTY) stock forecast for 2025?
Based on our analysis of 27 Wall Street analysts, Paylocity Holding Corp (PCTY) has a median price target of $211.00. The highest price target is $250.00 and the lowest is $184.00.
Is PCTY stock a good investment in 2025?
According to current analyst ratings, PCTY has 15 Buy ratings, 5 Hold ratings, and 0 Sell ratings. The stock is currently trading at $197.74. Always conduct your own research and consider your investment goals before making investment decisions.
What is the price prediction for PCTY stock?
Wall Street analysts predict PCTY stock could reach $211.00 in the next 12 months. This represents a 6.7% increase from the current price of $197.74. Please note that this is a projection by Wall Street analysts and not a guarantee.
What is Paylocity Holding Corp's business model?
The company generates revenue by offering a suite of cloud-based software solutions that encompass payroll management, time and labor tracking, and human resources functionalities. These services are tailored to both for-profit and non-profit organizations across various industries, ensuring a diverse client base and multiple revenue streams.
What is the highest forecasted price for PCTY Paylocity Holding Corp?
The highest price target for PCTY is $250.00 from Patrick Walravens at JMP Securities, which represents a 26.4% increase from the current price of $197.74.
What is the lowest forecasted price for PCTY Paylocity Holding Corp?
The lowest price target for PCTY is $184.00 from Arvind Ramnani at Piper Sandler, which represents a -6.9% decrease from the current price of $197.74.
What is the overall PCTY consensus from analysts for Paylocity Holding Corp?
The overall analyst consensus for PCTY is bullish. Out of 27 Wall Street analysts, 15 rate it as Buy, 5 as Hold, and 0 as Sell, with a median price target of $211.00.
How accurate are PCTY stock price projections?
Stock price projections, including those for Paylocity Holding Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
