Paylocity Holding (PCTY)
NASDAQ:PCTY
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PCTY Stock Chart & Stats
$100.78
-$3.60(-1.83%)
At close: 4:00 PM EST
$100.78
-$3.60(-1.83%)
Day’s Range― - ―
52-Week Range$92.99 - $197.78
Previous CloseN/A
Volume131.00K
Average Volume (3M)810.65K
Market Cap
$5.41B
Enterprise Value$5.22B
Total Cash (Recent Filing)$299.73M
Total Debt (Recent Filing)$134.56M
Price to Earnings (P/E)21.3
Beta0.67
Next Earnings
Jul 30, 2026EPS Estimate
1.62Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)4.74
Shares Outstanding53,544,060
10 Day Avg. Volume781,226
30 Day Avg. Volume810,650
Financial Highlights & Ratios
PEG Ratio4.09
Price to Book (P/B)8.17
Price to Sales (P/S)6.32
P/FCF Ratio29.42
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue3.02
Enterprise Value/Gross Profit4.36
Enterprise Value/Ebitda10.91
Forecast
1Y Price Target
$152.82Price Target Upside51.64% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering17
EPS Forecast (FY)8.1
Revenue Forecast (FY)$1.76B
Bulls Say, Bears Say
Bulls Say
Recurring Revenue ScaleSustained multi-year revenue scaling reflects durable demand for Paylocity’s cloud HCM subscriptions and successful cross-sell into existing clients. A growing base of recurring, per-employee fees and expanding module adoption reduce revenue volatility and support predictable cash flows over the next several quarters.
Strong Cash GenerationMaterial free cash flow expansion provides internal funding for R&D, acquisitions and shareholder returns without heavy external financing. High FCF conversion versus net income and a history of buybacks indicate sustainable cash-based optionality to invest in product and return capital over a multi-quarter horizon.
Product Innovation & AI StrategyActive AI embedding and selective acquisitions deepen differentiated product capabilities that raise switching costs and enable premium monetization. Embedding automation across payroll, AP and recruiting can sustainably lower service delivery costs while creating upsell paths and defending market position over months to years.
Bears Say
Margin Timing & Investment PressureHigher R&D and S&M investments can compress operating margins persistently if monetization lags. If near-term spend trends continue, sustainable EBIT margin expansion may be delayed, reducing structural operating leverage and making longer‑term margin recovery contingent on successful product monetization.
Interest Income SensitivityA meaningful portion of adjusted EBITDA and guidance depends on interest earned on client-held funds, exposing reported profitability to macro rate moves and client cash balances. This structurally ties parts of operating results to interest rate cycles and balance dynamics rather than core SaaS revenue.
Regulatory & Operational ComplexityOngoing regulatory complexity demands continuous engineering and compliance investment, raising fixed costs and execution risk. Maintaining accuracy across thousands of jurisdictions is a persistent operational burden that can increase cost-to-serve and create downside risk from errors, audits or fines over time.
Paylocity News
PCTY FAQ
What was Paylocity Holding’s price range in the past 12 months?
Paylocity Holding lowest stock price was $92.99 and its highest was $197.78 in the past 12 months.
What is Paylocity Holding’s market cap?
Paylocity Holding’s market cap is $5.41B.
When is Paylocity Holding’s upcoming earnings report date?
Paylocity Holding’s upcoming earnings report date is Jul 30, 2026 which is in 38 days.
How were Paylocity Holding’s earnings last quarter?
Paylocity Holding released its earnings results on May 07, 2026. The company reported $2.89 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.31.
Is Paylocity Holding overvalued?
According to Wall Street analysts Paylocity Holding’s price is currently Undervalued.
Does Paylocity Holding pay dividends?
Paylocity Holding does not currently pay dividends.
What is Paylocity Holding’s EPS estimate?
Paylocity Holding’s EPS estimate is 1.62.
How many shares outstanding does Paylocity Holding have?
Paylocity Holding has 53,544,060 shares outstanding.
What happened to Paylocity Holding’s price movement after its last earnings report?
Paylocity Holding reported an EPS of $2.89 in its last earnings report, beating expectations of $2.58. Following the earnings report the stock price went up 1.705%.
Which hedge fund is a major shareholder of Paylocity Holding?
Currently, no hedge funds are holding shares in PCTY
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Paylocity Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$152.82 (51.64% Upside)
$152.82 (51.64% Upside)
Blogger Sentiment
Bullish
PCTY Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 28.9K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.0%
Last 30 Days ▲ 3.3%
Last 30 Days ▲ 3.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-42.72%
12-Months-Change
Fundamentals
Return on Equity
22.36%
Trailing 12-Months
Asset Growth
5.35%
Trailing 12-Months
Company Description
Paylocity Holding
Paylocity Holding Corporation delivers a comprehensive suite of cloud-native software solutions, primarily focusing on human capital management (HCM) and payroll processing for businesses and their workforces throughout the United States. At its core, the company offers a robust Payroll and Tax Services solution, designed to simplify operations, automate administrative tasks, and ensure adherence to regulatory compliance from a unified platform. This includes features like expense management, on-demand payment capabilities, and garnishment processing. Beyond payroll, Paylocity provides extensive human capital management functionalities, encompassing employee self-service portals, a centralized document library, an intuitive compliance dashboard, and its "HR Edge" feature. Its product suite also includes tools for time and attendance tracking and schedule management, supported by various time collection devices such as physical kiosks, traditional time clocks, and versatile mobile and web applications. Furthermore, the company offers a full spectrum of talent management solutions, covering everything from recruiting and onboarding new hires to managing employee learning, performance evaluations, and compensation. It also assists with employee benefits administration and offers third-party administrative services. To foster a positive employee experience, Paylocity supplies tools like internal community platforms, premium video content, survey capabilities, and peer recognition programs. For data-driven decision-making, it offers insight and recommendation tools, exemplified by its modern workforce index, detailed data analytics, and comprehensive reporting features. Clients also benefit from a range of supporting services, including implementation assistance, training programs, ongoing client support, and specialized tax and regulatory services. Paylocity serves a diverse clientele, encompassing both for-profit and non-profit entities across numerous sectors such as business services, financial services, healthcare, manufacturing, hospitality (restaurants), retail, and technology, among others. Its solutions are distributed directly through its team of sales representatives. Established in 1997, Paylocity maintains its corporate headquarters in Schaumburg, Illinois.
PCTY Company Deck
PCTY Earnings Call
Q3 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call emphasized strong top‑line recurring revenue growth (+11.6% in Q3), margin expansion, robust free cash flow and active capital return while raising fiscal year guidance. Management highlighted product momentum (AI embedding, Grayscale acquisition) and channel strength (broker referrals >25%). Principal near‑term risks are continued investment-driven timing on margins, reliance on interest income assumptions tied to rates and early‑stage execution/monetization risks for new services. On balance, positive operational and financial execution materially outweigh the noted near‑term risks.View all PCTY earnings summariesPCTY Stock 12 Month Forecast
Average Price Target
$152.82
▲(51.64% Upside)
Technical Analysis
Ownership Overview
20.22% Insiders
22.15% Mutual Funds
21.33% Other Institutional Investors
13.75% Public Companies and
Individual Investors