2.02%
5.36%
7.18%
38.65%
28.45%
-1.28%
42.60%
AI Spotlight on PCTY
Company Description
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States.The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions.It also provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications.
In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting.Further, it provides implementation and training, client, and tax and regulatory services.The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others.
It sells its products through sales representatives.The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
Market Data
| Last Price | 205.52 |
| Change Percentage | 2.02% |
| Open | 206.31 |
| Previous Close | 201.46 |
| Market Cap ( Millions) | 11457 |
| Volume | 636571 |
| Year High | 215.68 |
| Year Low | 129.94 |
| M A 50 | 201.13 |
| M A 200 | 169.01 |
Financial Ratios
| FCF Yield | 3.06% |
| Dividend Yield | 0.00% |
| ROE | 21.00% |
| Debt / Equity | 34.21% |
| Net Debt / EBIDTA | -116.42% |
| Price To Book | 10.34 |
| Price Earnings Ratio | 51.55 |
| Price To FCF | 32.69 |
| Price To sales | 7.91 |
| EV / EBITDA | 32.16 |
News
- Jan -20 - Paylocity (PCTY) is a Great Momentum Stock: Should You Buy?
- Jan -15 - Paylocity announces Q2 FY25 earnings conference call
- Jan -09 - Paylocity Rises 19.6% in a Year: 3 Reasons to Buy the Stock Now
- Dec -24 - Paylocity Stock Rises 49% in 6 Months: What Should Investors Do?
- Nov -29 - Why Is Paylocity (PCTY) Up 13.7% Since Last Earnings Report?
- Nov -26 - Paylocity Rises 28% YTD: How Should Investors Play the Stock?
- Nov -01 - Paylocity Shares Rise on Q1 Earnings Beat & Strong FY25 View
- Oct -31 - Paylocity Holding Corporation (PCTY) Q1 2025 Earnings Call Transcript
- Oct -30 - Paylocity (PCTY) Q1 Earnings and Revenues Top Estimates
- Oct -23 - Paylocity (PCTY) Expected to Beat Earnings Estimates: Should You Buy?
- Oct -16 - Paylocity Plunges 17% in a Year: Will AI Push Drive the Stock Higher?
- Oct -15 - Paylocity announces Q1 FY25 earnings conference call
- Oct -03 - Paylocity Skates onto the Ice as a Proud Partner of the Dallas Stars
- Oct -01 - Paylocity Announces Completion of Acquisition of Airbase Inc.
- Sep -25 - Paylocity Debuts Integrated Headcount Planning Solution
- Sep -05 - Paylocity to Add Spend Management Software Solution With Airbase Acquisition
- Sep -04 - Paylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
- Aug -07 - Paylocity Introduces Benefits Decision Support—A Modern Solution for Personalized Employee Benefits Choices
- Aug -02 - Paylocity's (PCTY) Q4 Earnings & Revenues Surpass Estimates
- Aug -02 - Paylocity Holding Corporation (PCTY) Q4 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Cloud-based Human Capital Management and Payroll Software Solution
Expected Growth : 10.55 %
What the company do ?
Paylocity's Cloud-based Human Capital Management and Payroll Software Solution is a unified platform for HR, payroll, time-off, and benefits management, streamlining workforce administration.
Why we expect these perspectives ?
Paylocity's cloud-based HCM and payroll software solution growth is driven by increasing adoption of digital HR solutions, rising demand for automated payroll processing, and growing need for data-driven workforce insights. Additionally, the shift towards remote work and the requirement for seamless employee experience are contributing to the 10.55% growth.
Segment n°2 -> Interest Income on Funds Held for Clients
Expected Growth : 9.27 %
What the company do ?
Interest Income on Funds Held for Clients from Paylocity Holding Corporation refers to the earnings generated from investing client funds, such as payroll and tax payments, in short-term investments.
Why we expect these perspectives ?
The 9.27% growth in Interest Income on Funds Held for Clients from Paylocity Holding Corporation is driven by increasing client adoption of its treasury management services, expansion of its client base, and rising interest rates. Additionally, the company's strategic partnerships and investments in digital platforms have enhanced its ability to attract and retain clients, resulting in higher interest income.
Paylocity Holding Corporation Products
| Product Range | What is it ? |
|---|---|
| Core HR | A comprehensive human capital management (HCM) platform that provides a single, unified solution for managing HR, payroll, and benefits administration. |
| Payroll | A cloud-based payroll processing solution that provides accurate and timely payroll processing, tax compliance, and reporting. |
| Time and Attendance | A time-tracking and attendance management solution that provides real-time visibility into employee work hours, absences, and leave. |
| Talent Management | A suite of tools for recruiting, onboarding, performance management, and learning management. |
| Benefits Administration | A benefits administration solution that provides online enrollment, benefits education, and compliance management. |
| Workforce Analytics | A data analytics platform that provides insights into workforce trends, productivity, and performance. |
| Mobile Access | A mobile app that provides employees with secure, on-the-go access to HR, payroll, and benefits information. |
Paylocity Holding Corporation's Porter Forces
Threat Of Substitutes
Paylocity Holding Corporation's services are specialized and tailored to specific industries, making it difficult for substitutes to emerge. However, the company still faces competition from other HR and payroll software providers.
Bargaining Power Of Customers
Paylocity Holding Corporation's customers are largely small to medium-sized businesses, which have limited bargaining power. The company's services are also highly customized, making it difficult for customers to switch to alternative providers.
Bargaining Power Of Suppliers
Paylocity Holding Corporation has a diversified supplier base, and its suppliers have limited bargaining power. The company's suppliers are primarily technology and infrastructure providers, which are readily available and interchangeable.
Threat Of New Entrants
While there are barriers to entry in the HR and payroll software market, new entrants can still emerge. However, Paylocity Holding Corporation's established brand and customer base provide a competitive advantage.
Intensity Of Rivalry
The HR and payroll software market is highly competitive, with several established players competing for market share. Paylocity Holding Corporation faces intense competition from companies like ADP, Workday, and BambooHR.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 7.70% |
| Debt Cost | 3.95% |
| Equity Weight | 92.30% |
| Equity Cost | 8.34% |
| WACC | 8.00% |
| Leverage | 8.34% |
Paylocity Holding Corporation : Quality Control
Paylocity Holding Corporation passed 7 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| DUOL | Duolingo, Inc. develops a language-learning website and mobile app in the United States and China. The company offers courses in 40 different languages, including Spanish, English, French, Japanese, German, Italian, … |
| CWAN | Clearwater Analytics Holdings, Inc. develops and provides a Software-as-a-Service solution for automated investment data aggregation, reconciliation, accounting, and reporting services to insurers, investment managers, corporations, institutional investors, and government entities. … |
| APPF | AppFolio, Inc., together with its subsidiaries, provides cloud business management solutions for the real estate industry. The company offers AppFolio Property Manager, a platform to leverage process automation, easy to … |
| GWRE | Guidewire Software, Inc. provides software products for property and casualty insurers worldwide. The company offers Guidewire InsuranceSuite comprising Guidewire PolicyCenter, BillingCenter, and ClaimCenter applications. It also provides Guidewire InsuranceNow, a … |
| LYFT | Lyft, Inc. operates a peer-to-peer marketplace for on-demand ridesharing in the United States and Canada. The company operates multimodal transportation networks that offer riders personalized and on-demand access to various … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Paylocity
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1-Year Total Return ->
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Duolingo
A-Score
1-Year Total Return ->
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AppFolio
A-Score
1-Year Total Return ->
4
Clearwater Analytics
A-Score
1-Year Total Return ->
5
Guidewire Software
A-Score
1-Year Total Return ->
6
