# Paylocity Holding Corporation – Consensus ‘buy’ rating and 28.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/paylocity-holding-corporation-consensus-buy-rating-and-28.1-upside-potential/4121166044
- Published: 2024-07-26T12:09:50+01:00
- Author: Charlotte Edwards

**Paylocity Holding Corporation** with ticker code (PCTY) now have 19 analysts in
total covering the stock. The consensus rating is pointing to ‘buy’. The target 
price High/Low ranges between $250.00 and $145.00 suggesting an average Analsyt 
target price of $182.28. Given that the stocks previous close was at $142.31 this
is indicating there is a potential upside of 28.1%. The 50 day moving average now
sits at $144.57 and the 200 day MA is $159.98. The company has a market cap of 8.33B.
The stock price is currently at: $147.60 USD

 The potential market cap would be $10,668,663,612 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 43.16, revenue per share of $24.12 and a 3.37% 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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