The company's fundamentals are relatively healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite a weak stock market performance, the company shows strong fundamentals and technicals. The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Paylocity Holding Corp's Score
Industry at a Glance
Industry Ranking
93 / 469
Overall Ranking
161 / 4714
Industry
Software & IT Services
Support & Resistance
No Data
Score Analysis
Current score
Previous score
Analyst Rating
Based on
21
analysts
Buy
Current Rating
219.656
Target Price
+34.19%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
Paylocity Holding Corp Highlights
StrengthsRisks
Paylocity Holding Corporation is a provider of cloud-based human capital management (HCM) and payroll software solutions. Its HCM and payroll platform offers a product suite that helps businesses attract and retain talent, build culture and connection with their employees, and streamline and automate human resource (HR) and payroll processes. It provides its software-as-a-service solutions to clients across the United States. Its product suite includes various categories, such as payroll, human resources, time and labor, talent, benefits and employee experience. Its payroll product suite includes payroll and tax services, on demand payment and garnishments, and others. Its human resources product suite includes human resources, workflows and documents and HR edge, and others. Talent product suite includes recruiting, onboarding and market pay. Its employee experiences product suite includes community, video and employee voice. It also offers an all-in-one spending management platform.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 35.81% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 61.29.
Undervalued
The company’s latest PE is 40.12, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 55.31M shares, decreasing 8.41% quarter-over-quarter.
Paylocity Holding Corporation is a provider of cloud-based human capital management (HCM) and payroll software solutions. Its HCM and payroll platform offers a product suite that helps businesses attract and retain talent, build culture and connection with their employees, and streamline and automate human resource (HR) and payroll processes. It provides its software-as-a-service solutions to clients across the United States. Its product suite includes various categories, such as payroll, human resources, time and labor, talent, benefits and employee experience. Its payroll product suite includes payroll and tax services, on demand payment and garnishments, and others. Its human resources product suite includes human resources, workflows and documents and HR edge, and others. Talent product suite includes recruiting, onboarding and market pay. Its employee experiences product suite includes community, video and employee voice. It also offers an all-in-one spending management platform.