PCTY icon

Paylocity

184.85 USD
-0.35
0.19%
At close Jul 9, 4:00 PM EDT
After hours
185.00
+0.15
0.08%
1 day
-0.19%
5 days
1.80%
1 month
-0.68%
3 months
-1.54%
6 months
-3.44%
Year to date
-5.24%
1 year
37.94%
5 years
26.93%
10 years
432.86%
 

About: Founded in 1997, Paylocity is a cloud-based human capital management and payroll platform servicing midmarket customers. The company's average client size is around 150 employees, and its products help with recruiting and onboarding, payroll, time and labor, human resources, benefits, learning, and performance and compensation workflows. As of fiscal 2024, the company generated over $1.4 billion in revenue across more than 39,000 customers.

Employees: 6,400

0
Funds holding %
of 7,312 funds
0
Analysts bullish %
of 12 analysts

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 198 | Existing positions reduced: 132

31% more first-time investments, than exits

New positions opened: 77 | Existing positions closed: 59

2% more funds holding

Funds holding: 449 [Q4 2024] → 460 (+11) [Q1 2025]

0.62% more ownership

Funds ownership: 76.42% [Q4 2024] → 77.04% (+0.62%) [Q1 2025]

5% less capital invested

Capital invested by funds: $8.5B [Q4 2024] → $8.07B (-$432M) [Q1 2025]

10% less funds holding in top 10

Funds holding in top 10: 10 [Q4 2024] → 9 (-1) [Q1 2025]

70% less call options, than puts

Call options by funds: $5.75M | Put options by funds: $19.4M

Research analyst outlook

12 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$190
3%
upside
Avg. target
$229
24%
upside
High target
$270
46%
upside

12 analyst ratings

positive
75%
neutral
25%
negative
0%
UBS
Kevin Mcveigh
8%upside
$200
Neutral
Maintained
2 May 2025
Barclays
Raimo Lenschow
13%upside
$209
Equal-Weight
Maintained
2 May 2025
Jefferies
Samad Samana
27%upside
$235
Buy
Maintained
2 May 2025
Raymond James
Brian Peterson
27%upside
$235
Outperform
Reiterated
2 May 2025
Piper Sandler
Arvind Ramnani
40%upside
$258
Overweight
Reiterated
2 May 2025

Financial journalist opinion

Based on 4 articles about PCTY published over the past 30 days

Positive
Zacks Investment Research
6 days ago
Payroll Stocks to Watch as June's Jobs Report Comes in Strong
Payroll stocks stood out Thursday as June's Jobs Report came in stronger than expected, marking the 11th consecutive month that the U.S. has exceeded expectations for positive job creation.
Payroll Stocks to Watch as June's Jobs Report Comes in Strong
Positive
Zacks Investment Research
1 week ago
Top Staffing Stocks to Buy Amid AI Adoption and Flexible Work Trends
Staffing stocks like PCTY, PEGA, and UPWK are gaining traction as AI, flexibility and skills-based hiring reshape the job market.
Top Staffing Stocks to Buy Amid AI Adoption and Flexible Work Trends
Positive
Seeking Alpha
2 weeks ago
Airbase Upsell, Float Income, Buybacks: The Overlooked Catalysts In Paylocity's Model
PCTY operates a SaaS subscription model, charging clients a transparent per-employee-per-month rate for payroll and HR services. The business model aligns revenue growth with clients' expanding workforces, creating a scalable and recurring revenue stream. 90% of revenue is recurring, providing strong visibility into future cash flows and financial stability.
Airbase Upsell, Float Income, Buybacks: The Overlooked Catalysts In Paylocity's Model
Positive
Zacks Investment Research
2 weeks ago
Down 10.2% in 4 Weeks, Here's Why Paylocity (PCTY) Looks Ripe for a Turnaround
The heavy selling pressure might have exhausted for Paylocity (PCTY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Down 10.2% in 4 Weeks, Here's Why Paylocity (PCTY) Looks Ripe for a Turnaround
Positive
Zacks Investment Research
1 month ago
Stocks to Watch as May's Jobs Report Beats Economists' Expectations: PCTY, MMS
Driving the stock market's uptick on Friday, U.S. employers added 139,000 jobs, which came in above most economists' expectations of 125,000-130,000.
Stocks to Watch as May's Jobs Report Beats Economists' Expectations: PCTY, MMS
Positive
Zacks Investment Research
1 month ago
Should You Buy Paylocity Stock Despite its 7% Dip in 3 Months?
PCTY's strong Q3, expanding AI-powered tools and a steady client base present a compelling entry point in the stock for investors.
Should You Buy Paylocity Stock Despite its 7% Dip in 3 Months?
Positive
Zacks Investment Research
1 month ago
5 Momentum Picks to Tap Market Rally in June After an Impressive May
CYBR, KGC, NWG, RYAAY, and PCTY ride strong momentum into June after markets posted their best monthly gains since November 2023.
5 Momentum Picks to Tap Market Rally in June After an Impressive May
Positive
Zacks Investment Research
1 month ago
3 Internet Software Stocks to Buy From a Prospering Industry
The Zacks Internet software industry participants like ANET, MNDY and PCTY are benefiting from high demand for SaaS due to the increasing need for hybrid work, learning and diagnosis software, as well as cybersecurity applications.
3 Internet Software Stocks to Buy From a Prospering Industry
Positive
Zacks Investment Research
1 month ago
Top Stocks From the Staffing Industry to Purchase Right Now
Buy TNET, UPWK, and PCTY as they capitalize on the evolving staffing industry trends and drive growth in the flexible workforce market.
Top Stocks From the Staffing Industry to Purchase Right Now
Positive
Zacks Investment Research
2 months ago
Paylocity Q3 Earnings Surpass Estimates, Revenues Rise Y/Y
PCTY's fiscal third-quarter results reflect strong top and bottom-line growth. A raised guidance boosts optimism.
Paylocity Q3 Earnings Surpass Estimates, Revenues Rise Y/Y
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