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Paylocity Holding Corp PCTY Stock Quote

Morningstar Rating
| Rating as of

NASDAQ: PCTY

Last close prices updated as of Mar 28, 2023, 4:00 PM EST | USD | BATS BZX Real-Time Price
  • Last Close 181.09
  • Sector Technology
  • Industry Software - Application
  • Investment Style Mid Growth
  • Day Range 180.73  –  183.18
  • Year Range 152.01  –  276.88
  • Market Cap 10.0993 Bil
  • Volume / Avg 509,296.0 /  482,535.3
  • Price / Sales 10.22
  • Price / Book 14.90
  • Forward Div Yield —
  • Trailing Div Yield —

Morningstar‘s Stock Analysis PCTY

Valuation
Currency in —
Is it the right time to buy or sell?
Find out with Morningstar Investor
Is it the right time to buy or sell?
Find out with Morningstar Investor

1-Star Price

INVESTOR

5-Star Price

INVESTOR

Economic Moat

INVESTOR

Capital Allocation

INVESTOR

Paylocity's Investment in Product Innovation Is Supporting New Client Wins and Customer Stickiness

Emma Williams Equity Analyst

Business Strategy and Outlook

| Emma Williams |

Paylocity's unified platform appeals to clients who prefer an all-in-one payroll and human capital management, or HCM, solution. Clients can customize through add-on modules, including talent management and benefits administration, alongside core payroll functionality, and integrate with over 400 third-party providers, including referral partners such as benefit brokers. A unique feature of Paylocity's platform is the complementary inclusion of communication and engagement tools, including social collaboration platform Community, and video, survey, and learning management tools. These features aim to drive higher employee engagement and satisfaction, benefiting the client as well as Paylocity by entrenching the software into the business.

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Key Statistics PCTY

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Company Profile PCTY

Business Description

Paylocity is a provider of payroll and human capital management, or HCM, solutions servicing small- to midsize clients in the United States. The company was founded in 1997 and targets businesses with 10 to 5,000 employees and services about 33,300 clients as of fiscal 2022. Alongside core payroll services, Paylocity offers HCM solutions such as time and attendance and recruiting software, as well workplace collaboration and communication tools.

Contact
1400 American Lane
Schaumburg, IL, 60173
Sector Technology
Industry Software - Application
Employees 5,300

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FAQs for Paylocity Holding Corp Stock

No. PCTY does not currently have a forward dividend yield.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

Learn more about dividend yield.

PCTY’s market cap is 10.10 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

PCTY’s stock style is Mid Growth.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

PCTY’s price/sales is 10.22.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

PCTY’s price/forward earnings is 106.52.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

PCTY’s price/book is 14.90.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See PCTY’s valuation ratios compared to the Market Index.

PCTY’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare PCTY’s historical performance against its industry peers and the overall market.