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PCTY

200.86USD-3.44(-1.68%)Market Closed

Paylocity Holding Corp

Market Summary

USD200.86-3.44Market Closed
-1.68%

PCTY Alerts

PCTY Stock Price

RSI Chart

Valuation

Market Cap

12.6B

Price/Earnings

139.06

Price/Sales

14.8

Price/Cashflow

81.41

MarketCap/EBT

151

Price/Sales

Profitability

EBT Margin

9.80%

Return on Equity

14.8%

Return on Assets

1.89%

Fundamentals

Revenue

Revenue (TTM)

924.2M

Revenue Y/Y

39.4%

Revenue Q/Q

10.63%

Earnings

Earnings (TTM)

90.2M

Earnings Y/Y

-1.88%

Earnings Q/Q

100.4%

Price Action

52 Week Range

276.88
(Low)(High)

Last 7 days

-2.4%

Last 30 days

-0.5%

Last 90 days

-18.5%

Trailing 12 Months

-17.9%

Financial Health

Current Ratio

1.03

Investor Care

Shares Dilution (1Y)

1.18%

Diluted EPS (TTM)

1.6

Peers (Alternatives to Paylocity Holding)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
1.8T
203.1B
11.03% -24.15%
25.2
8.66
15.22% 2.81%
208.6B
44.2B
3.83% -9.74%
35.9
4.72
8.12% -58.36%
163.0B
30.3B
-4.65% -48.49%
304.14
5.56
21.26% -84.01%
151.4B
17.2B
15.89% -46.76%
31.46
8.81
13.86% -17.57%
25.1B
4.3B
-7.73% -61.54%
25.38
5.85
11.14% -39.03%
12.1B
693.1M
-3.12% 59.08%
44.35
17.39
-2.84% -14.76%
MID-CAP
9.6B
631.5M
-1.97% 16.85%
-45.68
15.19
33.30% -26.60%
7.5B
740.5M
7.01% -21.78%
67.22
10.14
15.84% 1.13%
5.0B
812.6M
6.00% -50.48%
-33.17
6.14
9.33% -463.42%
3.6B
421.7M
-5.07% -46.46%
-29.08
8.53
27.49% -161.02%
2.6B
506.4M
0.39% 55.58%
-71.14
5.11
10.10% -203.10%
2.4B
308.3M
1.17% 7.67%
-23.19
7.94
13.75% -232.84%
SMALL-CAP
991.7M
371.9M
-2.04% -61.67%
-8.92
2.67
15.01% -44.50%
653.0M
399.9M
22.20% -38.96%
-6.96
1.63
4.73% 8.15%
246.7M
310.7M
-15.31% -67.99%
-4.28
0.79
2.66% -1.77%

Financials for Paylocity Holding

Income Statement (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Revenue8.4%924853791731682
Gross Profit8.9%616566522481448
Operating Expenses11.1%535481448414384
  S&GA Expenses9.9%236214201188174
  R&D Expenses16.5%120103948781
Earnings Before Taxes-3.8%8084746664
Net Income-0.6%9091889089
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Assets-35.6%3,0954,8095,0792,5893,812
  Current Assets-41.4%2,4804,2324,5172,0873,332
    Cash Equivalents-53.1%65140968466
  Net PPE-3.0%6163646262
  Goodwill0.1%1021021026868
Liabilities-40.8%2,4844,1964,5142,0823,344
  Current Liabilities-41.5%2,4124,1214,4382,0063,273
Shareholder's Equity-0.4%611613565507468
  Retained Earnings9.3%356326311276266
  Additional Paid-In Capital-10.6%259290256231202
Accumulated Depreciation2.4%696867--
Shares Outstanding0.9%5655555555
Float-9,400----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q32022Q22022Q12021Q42021Q3
Cashflow From Operations13.2%176155144132122
  Share Based Compensation21.1%11696867868
Cashflow From Investing22.7%-371.09-479.77-270.64-193.04-177.30
Cashflow From Financing-144.0%-955.942,1722,205-457.451,627

Risks

What is the probability of a big loss on PCTY?

71.9%


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

53.5%


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.

Returns

Cumulative Returns on PCTY

25.0%


7-Year Cumulative Returns

34.9%


5-Year Cumulative Returns

18.6%


3-Year Cumulative Returns

What are the long-term rolling returns for PCTY?

FIve years rolling returns for Paylocity Holding.

Which funds bought or sold PCTY recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2022-11-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
NEW
-
1,419,000
1,419,000
0.02%
2022-11-21
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
REDUCED
-1.84
3,318,000
12,546,000
0.02%
2022-11-21
FourThought Financial, LLC
SOLD OFF
-100
-2,000
-
-%
2022-11-18
Alamar Capital Management, LLC
REDUCED
-9.75
408,000
2,042,000
2.29%
2022-11-17
M&T Bank Corp
REDUCED
-11.01
876,000
1,118,000
-%
2022-11-17
CENTRAL TRUST Co
ADDED
274.11
163,000
202,000
0.01%
2022-11-17
Grandeur Peak Global Advisors, LLC
REDUCED
-42.87
-532,000
2,017,000
0.12%
2022-11-16
Retirement Systems of Alabama
ADDED
18.68
5,871,000
14,991,000
0.07%
2022-11-16
Front Row Advisors LLC
NEW
-
9,000
9,000
-%
2022-11-16
CAPTRUST FINANCIAL ADVISORS
ADDED
28.72
372,000
847,000
-%

1–10 of 46

Latest Funds Activity

Are funds buying PCTY calls or puts?
Are funds bullish or bearish(Calls - Puts)?
No. of funds that own PCTY

Paylocity Holding News

ETF Daily News

Ensign Peak Advisors Inc Buys 220 Shares of Paylocity Holding Co. (NASDAQ:PCTY).43 hours ago

Investor's Business Daily

PCTY Fair Value

Paylocity Holding fair value in different scenarios

The table shows the Fair Value estimates for Paylocity Holding for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

41.18

-79.50%

59.92

-70.17%

100.80

-49.82%

132.86

-33.85%

169.85

-15.44%

Current Inflation

37.34

-81.41%

53.27

-73.48%

87.66

-56.36%

114.83

-42.83%

145.87

-27.38%

Very High Inflation

32.65

-83.74%

45.33

-77.43%

72.37

-63.97%

93.98

-53.21%

118.33

-41.09%

Historical Paylocity Holding Fair Value Estimates


Recent SEC filings of Paylocity Holding

View All Filings
Date Filed Form Type Document
Nov 29, 2022
4/A
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 17, 2022
4
Insider Trading
Nov 14, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 10, 2022
4
Insider Trading
Nov 09, 2022
4
Insider Trading

Latest Insider Trading transactions for PCTY

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2022-11-15
Rost Nicholas
SOLD FOR TAXES
-9,398.84
213.61
-44
VP & Chief Accounting Officer
2022-11-15
Lohani Rachit
SOLD FOR TAXES
-74,336.3
213.61
-348
Chief Technology Officer
2022-11-15
Williams Toby J.
SOLD FOR TAXES
-204,638
213.61
-958
President and Co-CEO
2022-11-15
Beauchamp Steven R
SOLD FOR TAXES
-178,151
213.61
-834
Co-Chief Executive Officer
2022-11-15
Glenn Ryan
SOLD FOR TAXES
-70,918.5
213.61
-332
CFO and Treasurer
2022-11-15
Williams Toby J.
SOLD FOR TAXES
-196,735
213.61
-921
President and Co-CEO
2022-11-10
Sarowitz Steven I
SOLD
-13,811,400
211.084
-65,431
-
2022-11-09
Sarowitz Steven I
SOLD
-13,876,400
198.552
-69,888
-
2022-11-08
Rost Nicholas
SOLD
-56,767
200.59
-283
VP & Chief Accounting Officer
2022-11-08
Sarowitz Steven I
SOLD
-18,058,000
201.358
-89,681
-

1–10 of 50

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.

PCTY Income Statement

2022-09-30
Unaudited Consolidated Statements of Operations and Comprehensive Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Revenues:  
Recurring and other revenue$ 245,406$ 180,824
Interest income on funds held for clients7,874873
Total revenues253,280181,697
Cost of revenues84,54363,249
Gross profit168,737118,448
Operating expenses:  
Sales and marketing71,06349,885
Research and development40,09323,076
General and administrative50,49235,235
Total operating expenses161,648108,196
Operating income7,08910,252
Other expense(163)(117)
Income before income taxes6,92610,135
Income tax benefit(23,426)(20,797)
Net income30,35230,932
Other comprehensive loss, net of tax(2,372)(75)
Comprehensive income$ 27,980$ 30,857
Net income per share:  
Basic (in dollars per share)$ 0.55$ 0.56
Diluted (in dollars per share)$ 0.54$ 0.55
Weighted-average shares used in computing net income per share:  
Basic (in shares)55,45354,810
Diluted (in shares)56,66456,506

PCTY Balance Sheet

2022-09-30
Unaudited Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 65,484$ 139,756
Accounts receivable, net21,51915,754
Deferred contract costs64,05859,501
Prepaid expenses and other29,12228,896
Total current assets before funds held for clients180,183243,907
Funds held for clients2,299,4373,987,776
Total current assets2,479,6204,231,683
Capitalized internal-use software, net66,69361,985
Property and equipment, net60,94362,839
Operating lease right-of-use assets47,61449,210
Intangible assets, net42,70445,475
Goodwill102,054101,949
Long-term deferred contract costs244,554229,067
Long‑term prepaid expenses and other7,6247,746
Deferred income tax assets43,30319,060
Total assets3,095,1094,809,014
Current liabilities:  
Accounts payable6,2358,374
Accrued expenses105,907124,384
Total current liabilities before client fund obligations112,142132,758
Client fund obligations2,299,4373,987,776
Total current liabilities2,411,5794,120,534
Long-term operating lease liabilities67,04069,119
Other long-term liabilities3,4273,681
Deferred income tax liabilities2,2172,217
Total liabilities2,484,2634,195,551
Stockholders’ equity:  
Preferred stock, $0.001 par value, 5,000 authorized, no shares issued and outstanding at June 30, 2022 and September 30, 202200
Common stock, $0.001 par value, 155,000 shares authorized at June 30, 2022 and September 30, 2022; 55,190 shares issued and outstanding at June 30, 2022 and 55,664 shares issued and outstanding at September 30, 20225655
Additional paid-in capital259,245289,843
Retained earnings356,220325,868
Accumulated other comprehensive loss(4,675)(2,303)
Total stockholders' equity610,846613,463
Total liabilities and stockholders’ equity$ 3,095,109$ 4,809,014