At the time of writing, Paylocity Holding Corp [PCTY] stock is trading at $203.52, up 2.92%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The PCTY shares have gain 4.01% over the last week, with a monthly amount glided 3.73%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Paylocity Holding Corp [NASDAQ: PCTY] stock has seen the most recent analyst activity on January 16, 2025, when Citigroup upgraded its rating to a Buy and also boosted its price target to $231 from $214. Previously, Jefferies upgraded its rating to Buy on October 22, 2024, and elevated its price target to $200. On February 06, 2024, BTIG Research initiated with a Buy rating and assigned a price target of $200 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $180 on January 05, 2024. UBS initiated its recommendation with a Neutral and recommended $160 as its price target on November 07, 2023. BofA Securities started tracking with a Neutral rating for this stock on October 26, 2023, and assigned it a price target of $210. In a note dated May 30, 2023, Barclays initiated an Equal Weight rating and provided a target price of $199 on this stock.
For the past year, the stock price of Paylocity Holding Corp fluctuated between $129.94 and $215.68. Currently, Wall Street analysts expect the stock to reach $201.43 within the next 12 months. Paylocity Holding Corp [NASDAQ: PCTY] shares were valued at $203.52 at the most recent close of the market. An investor can expect a potential drop of -1.03% based on the average PCTY price forecast.
Analyzing the PCTY fundamentals
According to Paylocity Holding Corp [NASDAQ:PCTY], the company’s sales were 1.45B for trailing twelve months, which represents an 14.29% jump. Gross Profit Margin for this corporation currently stands at 0.68% with Operating Profit Margin at 0.2%, Pretax Profit Margin comes in at 0.21%, and Net Profit Margin reading is 0.15%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.21 and Total Capital is 0.19. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.34.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 198.46 points at the first support level, and at 193.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 206.14, and for the 2nd resistance point, it is at 208.75.
Ratios To Look Out For
It is important to note that Paylocity Holding Corp [NASDAQ:PCTY] has a current ratio of 1.28. In addition, the Quick Ratio stands at 1.28 and the Cash Ratio stands at 0.31. Considering the valuation of this stock, the price to sales ratio is 7.84, the price to book ratio is 10.26 and price to earnings (TTM) ratio is 52.12.
Transactions by insiders
Recent insider trading involved Sarowitz Steven I, Director, that happened on Dec 30 ’24 when 2600.0 shares were sold. Director, Sarowitz Steven I completed a deal on Dec 31 ’24 to sell 2012.0 shares. Meanwhile, Director Sarowitz Steven I sold 400.0 shares on Dec 27 ’24.
