# Paylocity Holding Corporation  Share Price Target ‘$202.05’, now 20.1% Upside Potential

- Link: https://www.directorstalkinterviews.com/paylocity-holding-corporation-share-price-target-202.05-now-20.1-upside-potential/4121141898
- Published: 2024-02-09T14:36:22+00:00
- Author: Charlotte Edwards

**Paylocity Holding Corporation** with ticker code (PCTY) have now 19 confirmed 
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
target price High/Low ranges between $280.00 and $160.00 calculating the average
target share price we see $202.05. (at the time of writing). Given that the stocks
previous close was at $168.30 this is indicating there is a potential upside of 
20.1%. The day 50 moving average is $159.51 and the 200 day moving average is $179.99.
The market capitalization for the company is 9.68B. The stock price is currently
at: $171.91 USD

 The potential market cap would be $11,622,098,481 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 67.15, revenue per share of $23.08 and a 3.27% 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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