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Technology - Software - Application - NASDAQ - US
$ 174.81
-0.04 %
$ 9.77 B
Market Cap
45.05
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PCTY stock under the worst case scenario is HIDDEN Compared to the current market price of 175 USD, Paylocity Holding Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PCTY stock under the base case scenario is HIDDEN Compared to the current market price of 175 USD, Paylocity Holding Corporation is HIDDEN

This DCF valuation model was last updated on Apr, 8, 2025.

The intrinsic value of one PCTY stock under the best case scenario is HIDDEN Compared to the current market price of 175 USD, Paylocity Holding Corporation is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PCTY

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$220.0$220.0$215.0$215.0$210.0$210.0$205.0$205.0$200.0$200.0$195.0$195.0$190.0$190.0$185.0$185.0$180.0$180.0$175.0$175.0$170.0$170.0$165.0$165.015 Oct15 OctNov '24Nov '2415 Nov15 NovDec '24Dec '2415 Dec15 DecJan '25Jan '2515 Jan15 JanFeb '25Feb '2515 Feb15 FebMar '25Mar '2515 Mar15 MarApr '25Apr '25
FINANCIALS
1.4 B REVENUE
19.40%
260 M OPERATING INCOME
67.77%
207 M NET INCOME
46.83%
385 M OPERATING CASH FLOW
36.06%
-102 M INVESTING CASH FLOW
53.72%
142 M FINANCING CASH FLOW
109.87%
377 M REVENUE
3.86%
46.6 M OPERATING INCOME
-27.32%
37.5 M NET INCOME
-24.42%
54.2 M OPERATING CASH FLOW
-40.73%
-288 M INVESTING CASH FLOW
-2058.15%
1.15 B FINANCING CASH FLOW
462.50%
Balance Sheet Paylocity Holding Corporation
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Current Assets 3.52 B
Cash & Short-Term Investments 402 M
Receivables 33 M
Other Current Assets 3.09 B
Non-Current Assets 721 M
Long-Term Investments 0
PP&E 94.4 M
Other Non-Current Assets 627 M
9.46 %72.78 %14.76 %Total Assets$4.2b
Current Liabilities 3.12 B
Accounts Payable 8.64 M
Short-Term Debt -18.3 M
Other Current Liabilities 3.13 B
Non-Current Liabilities 95 M
Long-Term Debt 46.8 M
Other Non-Current Liabilities 48.2 M
97.34 %Total Liabilities$3.2b
EFFICIENCY
Earnings Waterfall Paylocity Holding Corporation
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Revenue 1.4 B
Cost Of Revenue 442 M
Gross Profit 961 M
Operating Expenses 701 M
Operating Income 260 M
Other Expenses 53.3 M
Net Income 207 M
2b2b1b1b1b1b1b1b800m800m600m600m400m400m200m200m001b(442m)961m(701m)260m(53m)207mRevenueRevenueCost Of RevenueCost Of RevenueGross ProfitGross ProfitOperating ExpensesOperating ExpensesOperating IncomeOperating IncomeOther ExpensesOther ExpensesNet IncomeNet Income
RATIOS
68.50% GROSS MARGIN
68.50%
18.54% OPERATING MARGIN
18.54%
14.74% NET MARGIN
14.74%
20.01% ROE
20.01%
4.87% ROA
4.87%
17.49% ROIC
17.49%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Paylocity Holding Corporation
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350m350m300m300m250m250m200m200m150m150m100m100m50m50m00(50m)(50m)20162016201720172018201820192019202020202021202120222022202320232024202420252025
Net Income 207 M
Depreciation & Amortization 76.4 M
Capital Expenditures -18 M
Stock-Based Compensation 146 M
Change in Working Capital -68.6 M
Others -66.6 M
Free Cash Flow 306 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Paylocity Holding Corporation
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Wall Street analysts predict an average 1-year price target for PCTY of $194 , with forecasts ranging from a low of $145 to a high of $220 .
PCTY Lowest Price Target Wall Street Target
145 USD -17.05%
PCTY Average Price Target Wall Street Target
194 USD 10.98%
PCTY Highest Price Target Wall Street Target
220 USD 25.85%
Price
Max Price Target
Min Price Target
Average Price Target
220220210210200200190190180180170170160160150150140140130130May '24May '24Jul '24Jul '24Aug '24Aug '24Oct '24Oct '24Nov '24Nov '2420252025Feb '25Feb '25Apr '25Apr '25Jun '25Jun '25Jul '25Jul '25Aug '25Aug '25Oct '25Oct '25Nov '25Nov '2520262026Feb '26Feb '26Apr '26Apr '26
4. DIVIDEND ANALYSIS
5. COMPETITION
slide 2 of 15
6. Ownership
Insider Ownership Paylocity Holding Corporation
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Sold
0-3 MONTHS
33.4 M USD 7
3-6 MONTHS
152 M USD 8
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
Airbase Named a Visionary in the 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications SCHAUMBURG, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of modern HR, payroll, and spend management solutions, today announced recognition of its Airbase by Paylocity solution as a Visionary in the 2025 Gartner® Magic Quadrant™ for Accounts Payable Applications 2025. Paylocity acquired Airbase in October 2024. globenewswire.com - 2 weeks ago
Spend Matters Names Airbase by Paylocity #1 Expense Management Solution for SMEs Airbase by Paylocity recognized for touchless automation and superior user experience in Spring 2025 SolutionMap Airbase by Paylocity recognized for touchless automation and superior user experience in Spring 2025 SolutionMap globenewswire.com - 4 weeks ago
Paylocity: Airbase Integration To Strengthen Positioning Paylocity is a cloud payroll/HCM software provider with steady growth, recently acquiring Airbase to strengthen its market positioning and product offerings. Despite recent volatility, I maintain an overweight rating on PCTY, projecting a 10% return based on its solid fundamentals and revenue predictability. PCTY's Q2 2025 revenue grew 15.5% YoY, with strong liquidity and a healthy debt-to-equity ratio, though OCF showed seasonal decline. seekingalpha.com - 1 month ago
Paylocity Q2 Earnings & Revenues Beat Estimates, Stock Gains PCTY's fiscal second-quarter results reflect strong top and bottom-line growth, and product expansion. A raised guidance boosts optimism. zacks.com - 2 months ago
Paylocity Holding Corporation (PCTY) Q2 2025 Earnings Conference Call Transcript Paylocity Holding Corporation (NASDAQ:PCTY ) Q2 2025 Earnings Conference Call February 6, 2025 5:30 PM ET Company Participants Ryan Glenn - CFO Steve Beauchamp - Executive Chairman Toby Williams - President and CEO Conference Call Participants Brad Reback - Stifel Scott Berg - Needham & Company Samad Samana - Jefferies LLC Mark Marcon - Robert W. Baird Daniel Jester - BMO Capital Markets Austin Cole - Citizens JMP Siti Panigrahi - Mizuho Raimo Lenschow - Barclays Jared Levine - TD Cowen Terry Tillman - Truist Securities Steve Enders - Citigroup Jason Celino - KeyBanc Capital Markets Alex Zukin - Wolfe Research Jacob Roberge - William Blair Arvind Ramnani - Piper Sandler Operator Good day, and welcome to the Paylocity Second Quarter 2025 Fiscal Year Results Conference Call. seekingalpha.com - 2 months ago
Paylocity (PCTY) Tops Q2 Earnings and Revenue Estimates Paylocity (PCTY) came out with quarterly earnings of $1.52 per share, beating the Zacks Consensus Estimate of $1.39 per share. This compares to earnings of $1.49 per share a year ago. zacks.com - 2 months ago
Paylocity Announces Second Quarter Fiscal Year 2025 Financial Results SCHAUMBURG, Ill., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced financial results for the second quarter of fiscal year 2025, which ended December 31, 2024. globenewswire.com - 2 months ago
Paylocity (PCTY) is a Great Momentum Stock: Should You Buy? Does Paylocity (PCTY) have what it takes to be a top stock pick for momentum investors? Let's find out. zacks.com - 2 months ago
Will Paylocity (PCTY) Beat Estimates Again in Its Next Earnings Report? Paylocity (PCTY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report. zacks.com - 3 months ago
Paylocity announces Q2 FY25 earnings conference call SCHAUMBURG, Ill., Jan. 15, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced that it has scheduled a conference call to review its second quarter fiscal 2025 results for Thursday, February 6th at 4:30 pm Central Time (5:30 pm Eastern Time). globenewswire.com - 3 months ago
Paylocity Rises 19.6% in a Year: 3 Reasons to Buy the Stock Now Despite a 19.6% jump in the past year, PCTY's AI innovation, strong growth and Airbase expansion make it a compelling buy for 2025. zacks.com - 3 months ago
Paylocity Stock Rises 49% in 6 Months: What Should Investors Do? Even though PCTY appears to have bright prospects, caution is advised due to the stock's high valuation and persistent macroeconomic uncertainties. zacks.com - 3 months ago
8. Profile Summary

Paylocity Holding Corporation PCTY

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COUNTRY US
INDUSTRY Software - Application
MARKET CAP $ 9.77 B
Dividend Yield 0.00%
Description Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It also provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
Contact 1400 American Lane, Schaumburg, IL, 60173 https://www.paylocity.com
IPO Date March 19, 2014
Employees 6400
Officers Mr. Steven I. Sarowitz Founder & Director Mr. Toby J. Williams J.D. President, Chief Executive Officer & Director Adam Byerley Vice President of Strategy & Corporate Development Mr. Steven R. Beauchamp Executive Chairman of the Board Mr. Andrew J. Cappotelli Senior Vice President of Operations Mr. Joshua Scutt Senior Vice President of Sales Mr. Nicholas Rost Chief Accounting Officer & Treasurer Ms. Melissa King Senior Vice President of Product & Technology Ms. Amber Livingston Vice President & General Counsel Mr. Ryan Glenn Chief Financial Officer & Treasurer