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 $223. calculating the mean target price we have $257.33. Now with the previous closing price of $198.61 this is indicating there is a potential upside of 29.6%. It’s also worth noting that there is a 50 day moving average of $194.20 and the 200 day moving average is $193.82. The company has a market cap of 10.96B. The stock price is currently at: 196.05 USD
The potential market cap would be $14,204,693,864 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 78.73, 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.
