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PCTY

PCTY - Paylocity Holding Corp Stock Price, Fair Value and News

168.22USD-1.05 (-0.62%)Market Closed

Market Summary

PCTY
USD168.22-1.05
Market Closed
-0.62%

PCTY Alerts

  • 2 major insider sales recently.

PCTY Stock Price

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PCTY RSI Chart

PCTY Valuation

Market Cap

9.5B

Price/Earnings (Trailing)

56.57

Price/Sales (Trailing)

7.33

EV/EBITDA

30.45

Price/Free Cashflow

29.63

PCTY Price/Sales (Trailing)

PCTY Profitability

Operating Margin

87.96%

EBT Margin

17.91%

Return on Equity

16.97%

Return on Assets

3.73%

Free Cashflow Yield

3.37%

PCTY Fundamentals

PCTY Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

19.54%

Rev. Growth (Qtr)

2.76%

PCTY Earnings

Earnings (TTM)

167.5M

Earnings Growth (Yr)

144.33%

Earnings Growth (Qtr)

10.43%

Breaking Down PCTY Revenue

Last 7 days

1.9%

Last 30 days

-0.2%

Last 90 days

8.8%

Trailing 12 Months

-14.3%

How does PCTY drawdown profile look like?

PCTY Financial Health

Current Ratio

1.11

Debt/Equity

0.11

Debt/Cashflow

3.28

PCTY Investor Care

Shares Dilution (1Y)

1.01%

Diluted EPS (TTM)

2.96

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20231.1B1.2B1.2B1.3B
2022791.2M852.7M924.2M1.0B
2021598.8M635.6M681.5M731.2M
2020551.1M561.3M570.4M584.4M
2019443.9M467.6M493.8M519.0M
2018357.0M377.5M396.5M417.7M
2017283.8M300.0M316.5M333.8M
2016210.9M230.7M250.6M264.1M
2015141.3M152.7M166.7M187.6M
2014100.3M108.7M117.4M127.8M
201371.7M77.3M83.8M90.5M
2012055.1M60.6M66.2M
GRUFITY'S FAIR VALUE MODEL

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

PurpleZone


Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224


Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index
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Very Cheap Stocks
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Tracking the Latest Insider Buys and Sells of Paylocity Holding Corp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Mar 14, 2024
diehl jeffrey t
sold
-1,499,090
167
-8,976
-
Mar 14, 2024
diehl jeffrey t
sold
-1,668,110
167
-9,988
-
Mar 14, 2024
diehl jeffrey t
sold
-6,077
168
-36.00
-
Mar 14, 2024
diehl jeffrey t
sold
-44,230
168
-262
-
Mar 14, 2024
diehl jeffrey t
sold
-228,805
167
-1,370
-
Mar 14, 2024
diehl jeffrey t
sold
-12,492
168
-74.00
-
Mar 14, 2024
diehl jeffrey t
sold
-23,297
168
-138
-
Mar 14, 2024
diehl jeffrey t
sold
-471,303
167
-2,822
-
Mar 14, 2024
diehl jeffrey t
sold
-229,807
167
-1,376
-
Mar 14, 2024
diehl jeffrey t
sold
-39,503
168
-234
-

1–10 of 50

Which funds bought or sold PCTY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 11, 2024
Gulf International Bank (UK) Ltd
reduced
-3.7
2,000
656,000
0.02%
Apr 11, 2024
Roble, Belko & Company, Inc
unchanged
-
-
15,000
-%
Apr 10, 2024
Polianta Ltd
sold off
-100
-923,000
-
-%
Apr 10, 2024
AMERICAN NATIONAL BANK
added
3.66
2,542
34,028
-%
Apr 10, 2024
Banque Cantonale Vaudoise
new
-
21,000
21,000
-%
Apr 10, 2024
PARK AVENUE SECURITIES LLC
added
3.51
64,000
876,000
0.01%
Apr 10, 2024
Yarbrough Capital, LLC
new
-
360,906
360,906
0.02%
Apr 09, 2024
Rise Advisors, LLC
new
-
21,826
21,826
0.01%
Apr 09, 2024
MATHER GROUP, LLC.
new
-
3,297
3,297
-%
Apr 09, 2024
MASSMUTUAL TRUST CO FSB/ADV
added
59.09
2,388
6,015
-%

1–10 of 47

Are Funds Buying or Selling PCTY?

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

Unveiling Paylocity Holding Corp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 14, 2024
t. rowe price investment management, inc.
5.5%
3,082,693
SC 13G
Feb 14, 2024
price t rowe associates inc /md/
15.2%
8,556,279
SC 13G/A
Feb 13, 2024
vanguard group inc
7.40%
4,158,224
SC 13G/A
Feb 09, 2024
sarowitz steven i
17.1%
9,611,913
SC 13G/A
Jan 26, 2024
blackrock inc.
7.9%
4,419,128
SC 13G/A
Dec 11, 2023
price t rowe associates inc /md/
15.6%
8,760,066
SC 13G/A
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

Recent SEC filings of Paylocity Holding Corp

View All Filings
Date Filed Form Type Document
Apr 05, 2024
8-K
Current Report
Mar 18, 2024
4
Insider Trading
Mar 18, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 15, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 14, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading
Mar 13, 2024
4
Insider Trading

Peers (Alternatives to Paylocity Holding Corp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
285.5B
34.9B
-3.41% 51.68%
69.02
8.19
11.18% 1888.46%
156.3B
37.3B
-3.80% 139.44%
82.84
4.19
16.95% 120.64%
50.7B
5.3B
-8.44% 20.66%
55.25
9.48
9.15% 48.14%
29.1B
2.3B
1.50% 4.52%
58.13
12.82
9.90% -4.45%
18.4B
4.5B
-9.98% -12.21%
28.9
4.07
3.06% 514.65%
MID-CAP
7.9B
620.4M
-1.93% 72.11%
2.9K
12.72
31.48% 103.97%
7.2B
4.4B
2.74% 87.60%
-21.24
1.64
7.53% 78.52%
3.4B
970.0M
0.90% -15.87%
-19.13
3.53
13.46% 43.89%
3.4B
881.7M
-9.63% 38.63%
42.16
3.84
4.64% 44.42%
2.7B
296.4M
-26.14% 0.63%
-9.95
9.12
11.14% -3.59%
2.3B
228.1M
9.35% -0.82%
25.84
9.89
18.99% 599.09%
SMALL-CAP
1.2B
413.5M
0.63% -1.64%
92.02
2.88
-1.65% -71.35%
190.8M
572.4M
-37.25% -85.17%
-0.96
0.33
-19.38% -489.49%
186.6M
119.1M
-16.27% -53.82%
-20.25
1.57
24.27% 36.31%
160.1M
31.3M
58.63% 96.98%
-27.27
5.11
4.69% 43.72%

Paylocity Holding Corp News

Latest updates
MarketBeat09 Apr 202406:32 am
Yahoo Finance01 Apr 202407:00 am

Paylocity Holding Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue2.8%326318308340273253229246196182167186146136131172132127120140107
Gross Profit1.3%21921621224418316915217012511810812993.0086.0085.0012487.0084.0080.0010069.00
Operating Expenses-3.2%16917516216416516213312311710899.0090.0086.0083.0078.0076.0081.0078.0071.0064.0062.00
  S&GA Expenses-0.8%80.0080.0076.0074.0076.0071.0060.0053.0052.0050.0046.0040.0038.0038.0033.0038.0037.0037.0032.0028.0027.00
  R&D Expenses3.4%46.0045.0041.0042.0041.0040.0029.0026.0025.0023.0020.0018.0019.0019.0017.0016.0015.0014.0013.0013.0013.00
EBITDA Margin10.2%0.23*0.21*0.19*0.17*0.15*0.14*0.16*0.15*0.15*0.16*0.16*0.16*---------
Interest Expenses-0.8%0.000.000.000.000.000.000.000.000.000.000.000.000.000.00-------
Income Taxes55.5%15.0010.0015.0024.003.00-23.433.0012.00-2.09-20.80-2.882.00-3.67-9.271.008.001.00-7.43-0.369.002.00
Earnings Before Taxes20.5%54.0044.0052.0082.0018.007.0019.0047.008.0010.009.0039.006.003.006.0048.006.006.0010.0037.007.00
EBT Margin13.1%0.18*0.16*0.14*0.11*0.09*0.09*0.10*0.09*0.09*0.09*0.09*0.09*---------
Net Income10.4%38.0035.0037.0058.0016.0030.0015.0035.0010.0031.0012.0037.0010.0012.005.0040.005.0014.0010.0028.006.00
Net Income Margin10.8%0.13*0.12*0.12*0.11*0.10*0.10*0.11*0.11*0.12*0.13*0.11*0.11*---------
Free Cashflow23.3%72.0059.0063.0012559.0013.0047.0074.0024.00-7.3538.0064.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets23.2%4,4933,6473,6964,1943,9383,0954,8095,0792,5893,8122,4152,6642,8512,0051,9862,2572,3231,5981,8042,0951,580
  Current Assets27.6%3,8072,9833,0483,5663,3092,4804,2324,5172,0873,3322,0332,2982,4961,6731,6631,9582,0341,3261,5961,9081,397
    Cash Equivalents20.3%36730528923412065.003,79396.0084.0066.002021752192221,49211476.001011,42691.0084.00
  Net PPE-0.3%63.0063.0064.0060.0060.0061.0063.0064.0062.0062.0060.0062.0064.0066.0067.0069.0071.0073.0070.0065.0063.00
  Goodwill7.4%11010210210210210210210268.0068.0034.0033.0033.0022.0022.0012.0010.0010.00---
Liabilities27.3%3,5062,7542,8533,4253,2602,4844,1964,5142,0823,3441,9382,2092,4431,6181,5931,8831,9921,2891,4961,8091,329
  Current Liabilities28.1%3,4232,6722,7753,3553,1892,4124,1214,4382,0063,2731,8672,1382,2711,4451,4091,7971,9121,2111,4561,7761,305
  Long Term Debt-------------100100100------
Shareholder's Equity10.5%987893843769678611613565507468477455408387393374332309308286251
  Retained Earnings7.6%53950146742937235632631127626623522318617716415911911410090.0062.00
  Additional Paid-In Capital12.9%447396381341310259290256231202242231222210228215212196208197189
Shares Outstanding0.3%56.0056.0056.0056.0056.0055.0055.0055.0055.0055.0054.0054.00---------
Float-----8,200---9,400---7,800---4,200---2,000
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations20.8%75.0062.0077.0012762.0016.0050.0079.0031.00-4.1339.0066.0021.00-1.5726.0051.0028.008.0036.0045.0027.00
  Share Based Compensation10.8%43.0039.0031.0033.0044.0040.0026.0024.0026.0020.0016.0016.0017.0014.0013.0010.0013.0012.0010.009.0010.00
Cashflow From Investing-461.3%-52.78-9.4079.00-166-42.70-89.48-198-63.04-20.18-19811.0015.00-4.4428.00135-29.64-120-33.2131.00-28.80-18.59
Cashflow From Financing714.6%752-122-572132769-1,763-3312,403-1,2641,365-298-25982018.00-302-123694-265-32846192.00
  Buy Backs------------------35.00---

PCTY Income Statement

2023-12-31
Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Revenues:    
Recurring and other revenue$ 298,416$ 256,434$ 590,101$ 501,840
Interest income on funds held for clients27,94516,57453,84624,448
Total revenues326,361273,008643,947526,288
Cost of revenues107,39990,076208,866174,619
Gross profit218,962182,932435,081351,669
Operating expenses:    
Sales and marketing79,77775,694160,180146,757
Research and development46,13941,02990,74481,122
General and administrative43,34048,00193,26298,493
Total operating expenses169,256164,724344,186326,372
Operating income49,70618,20890,89525,297
Other income (expense)3,800(5)7,025(168)
Income before income taxes53,50618,20397,92025,129
Income tax expense (benefit)15,3902,60325,287(20,823)
Net income38,11615,60072,63345,952
Other comprehensive income (loss), net of tax4,9295165,049(1,856)
Comprehensive income$ 43,045$ 16,116$ 77,682$ 44,096
Net income per share:    
Basic (in dollars per share)$ 0.68$ 0.28$ 1.29$ 0.83
Diluted (in dollars per share)$ 0.67$ 0.28$ 1.28$ 0.81
Weighted-average shares used in computing net income per share:    
Basic (in shares)56,24455,72156,14055,587
Diluted (in shares)56,85556,47456,90656,559

PCTY Balance Sheet

2023-12-31
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 366,904$ 288,767
Accounts receivable, net32,47625,085
Deferred contract costs87,06578,109
Prepaid expenses and other48,51735,061
Total current assets before funds held for clients534,962427,022
Funds held for clients3,271,7362,621,415
Total current assets3,806,6983,048,437
Capitalized internal-use software, net103,28186,127
Property and equipment, net63,15064,069
Operating lease right-of-use assets37,44144,067
Intangible assets, net32,46634,527
Goodwill109,558102,054
Long-term deferred contract costs317,915294,222
Long‑term prepaid expenses and other5,5676,331
Deferred income tax assets16,64415,846
Total assets4,492,7203,695,680
Current liabilities:  
Accounts payable7,9736,153
Accrued expenses147,121143,287
Total current liabilities before client fund obligations155,094149,440
Client fund obligations3,267,7712,625,355
Total current liabilities3,422,8652,774,795
Long-term operating lease liabilities50,96362,471
Other long-term liabilities4,1773,731
Deferred income tax liabilities27,94211,820
Total liabilities3,505,9472,852,817
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2023 and December 31, 202300
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2023 and December 31, 2023; 55,912 shares issued and outstanding at June 30, 2023 and 56,313 shares issued and outstanding at December 31, 20235656
Additional paid-in capital446,860380,632
Retained earnings539,323466,690
Accumulated other comprehensive income (loss)534(4,515)
Total stockholders' equity986,773842,863
Total liabilities and stockholders’ equity$ 4,492,720$ 3,695,680
PCTY
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; 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; and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves 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. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.
 CEO
 WEBSITEpaylocity.com
 INDUSTRYSoftware - Apps
 EMPLOYEES6100

Paylocity Holding Corp Frequently Asked Questions


What is the ticker symbol for Paylocity Holding Corp? What does PCTY stand for in stocks?

PCTY is the stock ticker symbol of Paylocity Holding Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Paylocity Holding Corp (PCTY)?

As of Fri Apr 12 2024, market cap of Paylocity Holding Corp is 9.48 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PCTY stock?

You can check PCTY's fair value in chart for subscribers.

What is the fair value of PCTY stock?

You can check PCTY's fair value in chart for subscribers. The fair value of Paylocity Holding Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Paylocity Holding Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PCTY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Paylocity Holding Corp a good stock to buy?

The fair value guage provides a quick view whether PCTY is over valued or under valued. Whether Paylocity Holding Corp is cheap or expensive depends on the assumptions which impact Paylocity Holding Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PCTY.

What is Paylocity Holding Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 12 2024, PCTY's PE ratio (Price to Earnings) is 56.57 and Price to Sales (PS) ratio is 7.33. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PCTY PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Paylocity Holding Corp's stock?

In the past 10 years, Paylocity Holding Corp has provided 0.239 (multiply by 100 for percentage) rate of return.