Cloud HCM Leade | Explore Paylocity's dominance in cloud-based payroll and HCM solutions, with impressive 69% gross profit margins and 14% revenue growth |
AI-Driven Innovation | Delve into Paylocity's AI Assistant and strategic acquisitions, expanding its total addressable market to nearly $20 billion |
Financial Resilience | Learn how Paylocity consistently outperforms expectations, with Q3 FY2025 non-GAAP EPS of $2.44 and revenue of $455 million |
Analyst Optimism | Discover why analysts project a bright future for Paylocity, with price targets ranging from $209 to $270 and a "Buy" consensus |
Metrics to compare | PCTY | Sector Sector - Average of metrics from a broad group of related Technology sector companies | Relationship RelationshipPCTYPeersSector | |
|---|---|---|---|---|
P/E Ratio | 29.2x | 31.6x | 11.6x | |
PEG Ratio | 1.30 | 0.21 | 0.03 | |
Price/Book | 6.4x | 2.4x | 1.4x | |
Price / LTM Sales | 4.4x | 1.3x | 1.2x | |
Upside (Analyst Target) | 16.8% | 33.3% | 30.3% | |
Fair Value Upside | Unlock | 24.8% | 8.6% | Unlock |
Paylocity Holding Corporation provides cloud-based human capital management, finance, and IT software solutions in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, garnishments, and elevate payroll; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and elevate HR and HR edge; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, learning, performance, compensation, and market pay. It also provides benefits solutions comprising benefit enrollment and updates, third-party administrative solutions, and retirement; employee experiences consisting of community, video, employee voice, recognition and rewards, data insights, and reporting; and Paylocity for finance solutions, such as headcount planning, expense management, accounts payable automation, corporate cards, and guided procurement. In addition, the company offers Paylocity for IT which includes access management and identity, and asset management; and implementation and training, client services, and tax and regulatory services. It serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. The company markets and sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.