# Paylocity Holding Corporation – Consensus ‘buy’ rating and 25.5% Upside Potential

- Link: https://www.directorstalkinterviews.com/paylocity-holding-corporation-consensus-buy-rating-and-25.5-upside-potential/4121129648
- Published: 2023-10-13T14:44:00+01:00
- Author: Charlotte Edwards

**Paylocity Holding Corporation** with ticker code (PCTY) now have 15 confirmed 
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $325.00 and $213. with the average target price
sitting at $257.27. Given that the stocks previous close was at $205.05 this indicates
there is a potential upside of 25.5%. It’s also worth noting that there is a 50 
day moving average of $194.90 and the 200 day MA is $193.67. The total market capitalization
for the company now stands at 11.01B. The stock price for the company is currently
196.81 USD

 The potential market cap would be $13,808,681,710 based on the market consensus.

The company has a dividend yield of 0.89%. Other points of data to note are a P/
E ratio of 81.33, revenue per share of 21.09 and a 2.28% return on assets.

Paylocity Holding Corporation is a cloud-based provider of payroll and human capital
management (HCM) software solutions. The Company’s services are provided in a Software-
as-a-Service (SaaS) delivery model utilizing its cloud-based platform. The Company’s
product suite comprises of payroll, human capital management, workforce management,
talent management, benefits, employee experiences, implementation and training services,
insights and recommendations and tax and regulatory services, that delivers a unified
platform. Its cloud-based platform provides a unified suite of modules using a multi-
tenant architecture. Its platform provides self-service functionality for employees
and managers combined with integration across all its solutions. The Company’s platform
also offers an automated data integration with third-party partner systems, which
includes 401(k), benefits and insurance provider systems.

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