Paylocity Holding Corporation with ticker code (PCTY) now have 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $325.00 and $213. with the average target price sitting at $257.27. Given that the stocks previous close was at $205.05 this indicates there is a potential upside of 25.5%. It’s also worth noting that there is a 50 day moving average of $194.90 and the 200 day MA is $193.67. The total market capitalization for the company now stands at 11.01B. The stock price for the company is currently 196.81 USD
The potential market cap would be $13,808,681,710 based on the market consensus.
The company has a dividend yield of 0.89%. Other points of data to note are a P/E ratio of 81.33, revenue per share of 21.09 and a 2.28% return on assets.
Paylocity Holding Corporation is a cloud-based provider of payroll and human capital management (HCM) software solutions. The Company’s services are provided in a Software-as-a-Service (SaaS) delivery model utilizing its cloud-based platform. The Company’s product suite comprises of payroll, human capital management, workforce management, talent management, benefits, employee experiences, implementation and training services, insights and recommendations and tax and regulatory services, that delivers a unified platform. Its cloud-based platform provides a unified suite of modules using a multi-tenant architecture. Its platform provides self-service functionality for employees and managers combined with integration across all its solutions. The Company’s platform also offers an automated data integration with third-party partner systems, which includes 401(k), benefits and insurance provider systems.
