Paylocity Holding Corp [PCTY] stock is trading at $209.12, down -0.81%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The PCTY shares have gain 2.79% over the last week, with a monthly amount glided 4.96%, 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 31, 2025, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $235 from $200. Previously, Citigroup upgraded its rating to Buy on January 16, 2025, and elevated its price target to $231. On October 22, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $200 on the stock. BTIG Research started tracking the stock assigning a Buy rating and suggested a price target of $200 on February 06, 2024. Jefferies downgraded its rating to a Hold and reduced its price target to $180 on January 05, 2024. UBS started tracking with a Neutral rating for this stock on November 07, 2023, and assigned it a price target of $160. In a note dated October 26, 2023, BofA Securities initiated an Neutral rating and provided a target price of $210 on this stock.
Paylocity Holding Corp [PCTY] stock has fluctuated between $129.94 and $215.68 over the past year. Currently, Wall Street analysts expect the stock to reach $205 within the next 12 months. Paylocity Holding Corp [NASDAQ: PCTY] shares were valued at $209.12 at the most recent close of the market. An investor can expect a potential drop of -1.97% based on the average PCTY price forecast.
Analyzing the PCTY fundamentals
Paylocity Holding Corp [NASDAQ:PCTY] reported sales of 1.45B for the trailing twelve months, which represents a growth of 14.29%. 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 205.87 points at the first support level, and at 202.62 for the second support level. However, for the 1st resistance point, the stock is sitting at 212.52, and for the 2nd resistance point, it is at 215.93.
Ratios To Look Out For
For context, Paylocity Holding Corp’s Current Ratio is 1.28. Further, the Quick Ratio stands at 1.28, while the Cash Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 8.05, the price to book ratio is 10.54 and price to earnings (TTM) ratio is 53.55.
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.
