What Paylocity (PCTY) Investors Need to Know

By Chris Stiles • Wednesday, September 13 12:09 • Permanent Link

Join us for a quick overview of Paylocity, a Software company whose shares moved -0.8% today. Here are some facts about the stock that should help you see the bigger picture:

Paylocity has moved -26.0% over the last year, and the S&P 500 logged a change of 15.0%
PCTY has an average analyst rating of buy and is -24.8% away from its mean target price of $254.63 per share
Its trailing earnings per share (EPS) is $2.44
Paylocity has a trailing 12 month Price to Earnings (P/E) ratio of 78.5 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $6.9 and its forward P/E ratio is 27.8
The company has a Price to Book (P/B) ratio of 12.7 in contrast to the S&P 500's average ratio of 2.95
Paylocity is part of the Technology sector, which has an average P/E ratio of 27.16 and an average P/B of 6.23
PCTY has reported YOY quarterly earnings growth of 144.3% and gross profit margins of 0.7%
The company has a free cash flow of $225.09 Million, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 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; 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. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.

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