Paylocity Holding Corporation which can be found using ticker (PCTY) have now 15 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $325.00 and $223.00 calculating the average target price we see $257.33. Given that the stocks previous close was at $179.40 and the analysts are correct then we can expect a percentage increase in value of 43.4%. It’s also worth noting that there is a 50 day moving average of $191.64 and the 200 day moving average is $193.47. The company has a market cap of 8.93B. The stock price for the company is currently $158.98 USD
The potential market cap would be $12,809,682,270 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 63.85, 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.
