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Paylocity Holding Corp Stock Research

PCTY

178.66USD-6.54(-3.53%)Market Closed
Watchlist

Market Summary

USD178.66-6.54
Market Closed
-3.53%

PCTY Alerts

  • 4 major insider sales recently.
  • Big jump in Revenue (Y/Y)
  • Big jump in Earnings (Y/Y)

PCTY Stock Price

PCTY RSI Chart

PCTY Valuation

Market Cap

10.4B

Price/Earnings (Trailing)

73.53

Price/Sales (Trailing)

8.82

EV/EBITDA

45.78

Price/Free Cashflow

39.7

PCTY Price/Sales (Trailing)

PCTY Profitability

EBT Margin

11.44%

Return on Equity

15.44%

Return on Assets

2.83%

Free Cashflow Yield

2.52%

PCTY Fundamentals

PCTY Revenue

Revenue (TTM)

1.2B

Revenue Y/Y

34.73%

Revenue Q/Q

-9.24%

PCTY Earnings

Earnings (TTM)

140.8M

Earnings Y/Y

145.97%

Earnings Q/Q

-35.34%

Price Action

52 Week Range

160.00269.34
(Low)(High)

Last 7 days

-3.4%

Last 30 days

-4.5%

Last 90 days

2.5%

Trailing 12 Months

-26.0%

PCTY Financial Health

Current Ratio

1.06

PCTY Investor Care

Shares Dilution (1Y)

1.31%

Diluted EPS (TTM)

2.49

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for PCTY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-12
Diehl Jeffrey T
sold
-2,730
195
-14.00
-
2023-09-12
Diehl Jeffrey T
sold
-780
195
-4.00
-
2023-09-12
Diehl Jeffrey T
sold
-5,266
195
-27.00
-
2023-09-12
Diehl Jeffrey T
sold
-1,560
195
-8.00
-
2023-09-12
Diehl Jeffrey T
sold
-4,681
195
-24.00
-
2023-09-12
Diehl Jeffrey T
sold
-7,607
195
-39.00
-
2023-09-12
Diehl Jeffrey T
sold
-975
195
-5.00
-
2023-09-11
Diehl Jeffrey T
sold
-45,105
195
-231
-
2023-09-11
Diehl Jeffrey T
sold
-27,141
195
-139
-

1–10 of 50

Which funds bought or sold PCTY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-08-24
Alamar Capital Management, LLC
added
18.06
264,693
3,020,390
2.22%
2023-08-24
Alberta Investment Management Corp
added
27.89
364,968
2,314,010
0.02%
2023-08-23
Stonebridge Capital Advisors LLC
unchanged
-
-71.00
923
-%
2023-08-21
OSAIC HOLDINGS, INC.
added
17.29
137,330
1,685,050
-%
2023-08-21
BOKF, NA
new
-
769,859
769,859
0.02%
2023-08-21
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
10.25
30,000
1,337,000
0.01%
2023-08-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-6.82
-1,878,840
12,041,300
0.02%
2023-08-17
Orion Portfolio Solutions, LLC
added
15.17
148,516
2,295,740
0.02%
2023-08-16
Nuveen Asset Management, LLC
reduced
-4.23
-5,819,430
46,613,600
0.02%
2023-08-15
PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO
reduced
-2.11
-829,000
8,248,000
0.03%

1–10 of 45

Latest Funds Activity

Are funds buying PCTY calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own PCTY
No. of Funds

Schedule 13G FIlings of Paylocity Holding

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2023
price t rowe associates inc /md/
10.4%
5,780,587
SC 13G/A
Feb 09, 2023
vanguard group inc
7.34%
4,087,495
SC 13G/A
Feb 03, 2023
sarowitz steven i
19.7%
10,971,951
SC 13G/A
Feb 03, 2023
blackrock inc.
8.0%
4,475,267
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
14.3%
7,900,271
SC 13G/A
Feb 09, 2022
paylocity holding corp
21.5%
11,871,008
SC 13G/A
Feb 03, 2022
blackrock inc.
7.4%
4,053,700
SC 13G/A
Feb 16, 2021
price t rowe associates inc /md/
13.2%
7,180,653
SC 13G/A
Feb 11, 2021
sarowitz steven i
23.5%
12,769,935
SC 13G/A
Feb 10, 2021
vanguard group inc
6.45%
3,498,328
SC 13G/A

Recent SEC filings of Paylocity Holding

View All Filings
Date Filed Form Type Document
Sep 14, 2023
4
Insider Trading
Sep 13, 2023
4
Insider Trading
Sep 12, 2023
4
Insider Trading
Sep 12, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Sep 11, 2023
4
Insider Trading
Sep 08, 2023
144
Notice of Insider Sale Intent
Sep 08, 2023
144
Notice of Insider Sale Intent

Peers (Alternatives to Paylocity Holding)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
2.4T
211.9B
-0.34% 32.68%
32.95
11.25
6.88% -0.52%
244.3B
18.4B
2.94% 84.08%
50.33
13.26
10.40% -0.72%
-
-
6.28% -9.18%
-
-
- -
309.2B
51.0B
-3.19% 66.57%
32.97
6.07
15.41% 61.40%
207.7B
33.1B
1.91% 42.21%
131.63
6.28
14.81% 194.40%
20.6B
4.5B
2.27% -10.75%
145.2
4.61
3.92% -85.69%
MID-CAP
3.2B
506.6M
-3.17% -3.38%
-20.53
6.39
20.13% -27.36%
12.5B
848.2M
8.36% 49.82%
85.66
14.74
19.21% 23.01%
7.5B
905.3M
14.53% 50.63%
-48.14
8.25
11.41% -3.11%
SMALL-CAP
1.2B
415.3M
-14.61% 14.34%
-6.22
2.8
11.66% -68.02%
775.3M
403.2M
-26.56% 32.06%
-32.36
1.92
0.77% 74.48%
130.6M
309.9M
60.32% -54.23%
-0.71
0.42
-0.26% -219.50%

Paylocity Holding News

MarketBeat
SG Americas Securities LLC Buys 8590 Shares of Paylocity Holding ....
MarketBeat,
12 hours ago

Returns for PCTY

Cumulative Returns on PCTY

23.1%


7-Year Cumulative Returns

17.8%


5-Year Cumulative Returns

8.8%


3-Year Cumulative Returns

Risks for PCTY

What is the probability of a big loss on PCTY?

87.3%


Probability that Paylocity Holding stock will be more than 20% underwater in next one year

68.8%


Probability that Paylocity Holding stock will be more than 30% underwater in next one year.

30%


Probability that Paylocity Holding stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does PCTY drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Paylocity Holding was unfortunately bought at previous high price.

Drawdowns

Financials for Paylocity Holding

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue7.3%1,1751,0951,001924853791731682636599584570561551519494468444418397378
Gross Profit8.1%808747674616566522481448416393387382379375351333314291266246228
Operating Expenses4.8%653623582535481448414384358337324318313306294275258250240227212
  S&GA Expenses5.8%29728025923621420118817416214914614614514413412311310710610195.00
  R&D Expenses7.7%16415213612010394.0087.0081.0077.0074.0071.0067.0063.0059.0056.0053.0050.0047.0044.0040.0038.00
EBITDA-100.0%-18414713413410596.0095.0010197.0010510410510896.00------
EBITDA Margin-100.0%-0.17*0.15*0.14*0.16*0.13*0.13*0.14*0.16*0.16*0.18*0.18*0.19*0.20*0.18*------
Interest Expenses20.2%0.000.000.000.000.000.000.001.001.001.001.001.000.000.000.00------
Earnings Before Taxes26.6%15912591.0080.0084.0074.0066.0064.0057.0054.0063.0064.0067.0071.0060.0060.0058.0043.0027.0020.0017.00
EBT Margin-100.0%-0.11*0.09*0.09*0.10*0.09*0.09*0.09*0.09*0.09*0.11*0.11*0.12*0.13*0.11*------
Net Income18.6%14111996.0090.0091.0088.0090.0089.0071.0064.0067.0063.0064.0070.0058.0058.0054.0042.0053.0048.0039.00
Net Income Margin-100.0%-0.11*0.10*0.10*0.11*0.11*0.12*0.13*0.11*0.11*0.11*0.11*0.11*0.13*0.11*------
Free Cashflow-100.0%-24419315713712811811211510186.0092.0096.00106101------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-11.9%3,6964,1943,9383,0954,8095,0792,5893,8122,4152,6642,8512,0051,9862,2572,3231,5981,8042,0951,5801,4641,508
  Current Assets-14.5%3,0483,5663,3092,4804,2324,5172,0873,3322,0332,2982,4961,6731,6631,9582,0341,3261,5961,9081,3971,2861,378
    Cash Equivalents23.6%28923412065.0014096.0084.0066.002021752192221,49211476.001011,42691.0084.0064.001,240
  Net PPE6.7%64.0060.0060.0061.0063.0064.0062.0062.0060.0062.0064.0066.0067.0069.0071.0073.0070.0065.0063.0062.0062.00
  Goodwill0%10210210210210210268.0068.0034.0033.0033.0022.0022.0012.0010.0010.0010.0010.0010.00--
Liabilities-16.7%2,8533,4253,2602,4844,1964,5142,0823,3441,9382,2092,4431,6181,5931,8831,9921,2891,4961,8091,3291,2311,295
  Current Liabilities-17.3%2,7753,3553,1892,4124,1214,4382,0063,2731,8672,1382,2711,4451,4091,7971,9121,2111,4561,7761,3051,2071,271
Shareholder's Equity9.6%843769678611613565507468477455408387393374332309308286251233213
  Retained Earnings8.7%46742937235632631127626623522318617716415911911410090.0062.0056.0046.00
  Additional Paid-In Capital11.5%381341310259290256231202242231222210228215212196208197189177220
Shares Outstanding0.2%56.0056.0056.0056.0055.0055.0055.0055.0055.0054.0054.0054.0054.0054.0054.0053.0053.0053.0053.0053.0053.00
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations10.5%28325620717615514413212212511296.0010311312311711611510898.0097.0098.00
  Share Based Compensation3.7%14714213411696.0086.0078.0068.0063.0060.0054.0050.0047.0044.0044.0041.0039.0037.0035.0033.0030.00
Cashflow From Investing55.7%-220-497-393-371-479-270-193-17748.0017212812.00-48.76-152-151-49.77-43.34-144200-198-179
Cashflow From Financing-20.2%-1,434-1,1931,078-9552,1722,205-4571,6272802764122862.00-23.28561-40.70115322-140172275
  Buy Backs----------------35.0035.0047.0070.00140-

PCTY Income Statement

2023-06-30
Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Revenues:   
Recurring and other revenue$ 1,098,036$ 847,694$ 631,725
Interest income on funds held for clients76,5624,9573,902
Total revenues1,174,598852,651635,627
Cost of revenues367,039287,002219,298
Gross profit807,559565,649416,329
Operating expenses:   
Sales and marketing296,716214,455161,808
Research and development163,994102,90876,707
General and administrative191,823163,692119,771
Total operating expenses652,533481,055358,286
Operating income155,02684,59458,043
Other income (expense)3,588(997)(939)
Income before income taxes158,61483,59757,104
Income tax expense (benefit)17,792(7,180)(13,715)
Net income140,82290,77770,819
Other comprehensive loss, net of tax(2,212)(2,369)(609)
Comprehensive income$ 138,610$ 88,408$ 70,210
Net income per share:   
Basic (in dollars per share)$ 2.53$ 1.65$ 1.30
Diluted (in dollars per share)$ 2.49$ 1.61$ 1.26
Weighted-average shares used in computing net income per share:   
Basic (in shares)55,70655,03654,318
Diluted (in shares)56,59656,44556,305

PCTY Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 288,767$ 139,756
Accounts receivable, net25,08515,754
Deferred contract costs78,10959,501
Prepaid expenses and other35,06128,896
Total current assets before funds held for clients427,022243,907
Funds held for clients2,621,4153,987,776
Total current assets3,048,4374,231,683
Capitalized internal-use software, net86,12761,985
Property and equipment, net64,06962,839
Operating lease right-of-use assets44,06749,210
Intangible assets, net34,52745,475
Goodwill102,054101,949
Long-term deferred contract costs294,222229,067
Long‑term prepaid expenses and other6,3317,746
Deferred income tax assets15,84619,060
Total assets3,695,6804,809,014
Current liabilities:  
Accounts payable6,1538,374
Accrued expenses143,287124,384
Total current liabilities before client fund obligations149,440132,758
Client fund obligations2,625,3553,987,776
Total current liabilities2,774,7954,120,534
Long-term operating lease liabilities62,47169,119
Other long-term liabilities3,7313,681
Deferred income tax liabilities11,8202,217
Total liabilities2,852,8174,195,551
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2022 and June 30, 202300
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2022 and June 30, 2023; 55,190 shares issued and outstanding at June 30, 2022 and 55,912 shares issued and outstanding at June 30, 20235655
Additional paid-in capital380,632289,843
Retained earnings466,690325,868
Accumulated other comprehensive loss(4,515)(2,303)
Total stockholders' equity842,863613,463
Total liabilities and stockholders’ equity$ 3,695,680$ 4,809,014
Steven R. Beauchamp
4150
Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Payroll and Tax Services solution to simplify payroll, automate processes and manage compliance requirements within one system; expense management, on demand payment, and garnishment solutions; human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution, which tracks time and attendance data, eliminating the need for manual tracking of accruals and reducing administrative tasks; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; modern workforce solutions consisting of community, premium video, survey, and peer recognition; and analytics and insights solutions covering modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company's clients include for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.