Paylocity Holding Corporation which can be found using ticker (PCTY) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between $280.00 and $160.00 calculating the average target price we see $203.29. Given that the stocks previous close was at $166.53 this indicates there is a potential upside of 22.1%. It’s also worth noting that there is a 50 day moving average of $161.57 and the 200 day MA is $184.14. The total market capitalization for the company now stands at 9.39B. The stock price for the company is currently $167.23 USD
The potential market cap would be $11,468,205,887 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 65.32, revenue per share of $22.18 and a 3.51% 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.
