Paylocity (PCTY) Stock Forecast, Price Target & Predictions
PCTY Stock Forecast
Paylocity stock forecast is as follows: an average price target of $216.64 (represents a 13.22% upside from PCTY’s last price of $191.35) and a rating consensus of 'Buy', based on 16 wall street analysts offering a 1-year stock forecast.
PCTY Price Target
PCTY Analyst Ratings
Paylocity Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 31, 2024 | Arvind Ramnani | Piper Sandler | $212.00 | $178.16 | 18.99% | 10.79% |
Oct 31, 2024 | Scott Berg | Needham | $220.00 | $178.16 | 23.48% | 14.97% |
Oct 21, 2024 | Samad Samana | Jefferies | $200.00 | $171.45 | 16.65% | 4.52% |
Oct 17, 2024 | Scott Berg | Needham | $200.00 | $171.42 | 16.67% | 4.52% |
Oct 14, 2024 | Siti Panigrahi | Mizuho Securities | $175.00 | $164.51 | 6.38% | -8.54% |
Sep 05, 2024 | Daniel Jester | BMO Capital | $175.00 | $156.27 | 11.99% | -8.54% |
Aug 02, 2024 | Brad Reback | Stifel Nicolaus | $205.00 | $151.55 | 35.27% | 7.13% |
Jul 31, 2024 | Terry Tillman | Truist Financial | $195.00 | $148.65 | 31.18% | 1.91% |
Jul 19, 2024 | Jason Celino | KeyBanc | $171.00 | $140.89 | 21.37% | -10.63% |
Jun 23, 2024 | Samad Samana | Jefferies | $145.00 | $135.98 | 6.63% | -24.22% |
Paylocity Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 5 | 6 | 13 |
Avg Price Target | $201.40 | $197.00 | $191.31 |
Last Closing Price | $191.35 | $191.35 | $191.35 |
Upside/Downside | 5.25% | 2.95% | -0.02% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 31, 2024 | Piper Sandler | Overweight | Overweight | Hold |
Oct 31, 2024 | KeyBanc | Overweight | Overweight | Hold |
Oct 22, 2024 | Citigroup | Neutral | Buy | Upgrade |
Oct 22, 2024 | Needham | Underperform | Underperform | Hold |
Oct 21, 2024 | Jefferies | Hold | Buy | Upgrade |
Oct 17, 2024 | BMO Capital | Outperform | Outperform | Hold |
Oct 17, 2024 | Needham | Buy | Buy | Hold |
Oct 11, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
Oct 02, 2024 | Piper Sandler | Market Outperform | Market Outperform | Hold |
Sep 05, 2024 | Cowen & Co. | Buy | Buy | Hold |
Paylocity Financial Forecast
Paylocity Revenue Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $326.36M | $317.59M | $308.45M | $339.86M | $273.01M | $253.28M | $228.95M | $245.97M | $196.04M | $181.70M | $167.45M | $186.05M | $146.33M | $135.79M | $130.59M | $171.65M |
Avg Forecast | $486.56M | $549.83M | $457.64M | $447.25M | $422.72M | $481.82M | $400.82M | $393.25M | $381.66M | $433.16M | $366.80M | $358.71M | $350.29M | $397.23M | $324.58M | $316.43M | $301.59M | $333.16M | $259.68M | $239.83M | $217.96M | $241.65M | $188.63M | $174.09M | $162.17M | $185.26M | $143.40M | $134.02M | $126.58M | $166.28M |
High Forecast | $490.73M | $554.54M | $461.56M | $451.08M | $426.34M | $485.95M | $404.26M | $396.62M | $384.93M | $436.36M | $367.64M | $359.88M | $350.29M | $397.23M | $326.24M | $319.41M | $304.17M | $336.02M | $261.90M | $239.83M | $217.96M | $241.65M | $188.63M | $174.09M | $162.17M | $185.26M | $143.40M | $134.02M | $126.58M | $166.28M |
Low Forecast | $479.88M | $542.29M | $451.36M | $441.11M | $416.92M | $475.21M | $395.32M | $387.86M | $376.43M | $428.08M | $366.14M | $357.53M | $350.29M | $397.23M | $323.14M | $314.81M | $297.45M | $328.59M | $256.12M | $239.83M | $217.96M | $241.65M | $188.63M | $174.09M | $162.17M | $185.26M | $143.40M | $134.02M | $126.58M | $166.28M |
# Analysts | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 13 | 12 | 6 | 7 | 4 | 9 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 | 9 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 1.00% | 1.02% | 1.02% | 1.05% | 1.06% | 1.05% | 1.02% | 1.04% | 1.04% | 1.03% | 1.00% | 1.02% | 1.01% | 1.03% | 1.03% |
Paylocity EBITDA Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 13 | 12 | 6 | 7 | 4 | 9 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 | 9 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $49.71M | $41.19M | $49.35M | $95.76M | $33.03M | $21.36M | $32.63M | $60.41M | $19.83M | $21.46M | $19.91M | $49.94M | $16.81M | $13.43M | $16.15M | $57.75M |
Avg Forecast | $90.09M | $101.80M | $84.73M | $82.81M | $78.27M | $89.21M | $74.21M | $72.81M | $70.67M | $80.20M | $67.91M | $66.41M | $64.86M | $64.82M | $60.10M | $58.59M | $55.84M | $51.24M | $9.60M | $44.40M | $40.36M | $40.50M | $34.93M | $32.23M | $30.03M | $34.28M | $26.55M | $24.81M | $23.44M | $47.02M |
High Forecast | $90.86M | $102.67M | $85.46M | $83.52M | $78.94M | $89.97M | $74.85M | $73.43M | $71.27M | $80.79M | $68.07M | $66.63M | $64.86M | $77.78M | $60.40M | $59.14M | $56.32M | $61.49M | $11.52M | $44.40M | $40.36M | $48.61M | $34.93M | $32.23M | $30.03M | $41.14M | $26.55M | $24.81M | $23.44M | $56.43M |
Low Forecast | $88.85M | $100.40M | $83.57M | $81.67M | $77.19M | $87.99M | $73.19M | $71.81M | $69.70M | $79.26M | $67.79M | $66.20M | $64.86M | $51.85M | $59.83M | $58.29M | $55.07M | $40.99M | $7.68M | $44.40M | $40.36M | $32.40M | $34.93M | $32.23M | $30.03M | $27.43M | $26.55M | $24.81M | $23.44M | $37.62M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 0.70% | 0.88% | 1.87% | 3.44% | 0.48% | 0.81% | 1.49% | 0.57% | 0.67% | 0.66% | 1.46% | 0.63% | 0.54% | 0.69% | 1.23% |
Paylocity Net Income Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 13 | 12 | 6 | 7 | 4 | 9 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 | 9 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $38.12M | $34.52M | $90.78M | $57.62M | $15.60M | $30.35M | $15.15M | $34.85M | $9.85M | $30.93M | $11.88M | $36.83M | $9.64M | $12.46M | $4.95M | $40.13M |
Avg Forecast | $126.30M | $167.00M | $107.42M | $101.93M | $92.27M | $130.82M | $87.04M | $87.59M | $79.62M | $118.17M | $79.37M | $84.43M | $72.66M | $37.58M | $71.75M | $63.42M | $64.44M | $29.71M | $4.77M | $36.49M | $30.23M | $23.48M | $23.76M | $21.80M | $16.99M | $25.29M | $14.38M | $8.60M | $7.23M | $32.68M |
High Forecast | $127.71M | $168.86M | $108.62M | $103.07M | $93.29M | $132.28M | $88.01M | $88.57M | $80.50M | $126.05M | $81.67M | $88.16M | $74.11M | $45.09M | $83.61M | $76.22M | $65.76M | $35.65M | $5.72M | $36.49M | $30.23M | $28.18M | $23.76M | $21.80M | $16.99M | $30.35M | $14.38M | $8.60M | $7.23M | $39.21M |
Low Forecast | $124.05M | $164.02M | $105.50M | $100.11M | $90.62M | $128.49M | $85.49M | $86.03M | $78.20M | $109.17M | $77.07M | $80.71M | $71.21M | $30.06M | $65.82M | $55.63M | $63.11M | $23.76M | $3.82M | $36.49M | $30.23M | $18.79M | $23.76M | $21.80M | $16.99M | $20.23M | $14.38M | $8.60M | $7.23M | $26.14M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 0.54% | 1.41% | 1.94% | 3.27% | 0.83% | 0.50% | 1.48% | 0.41% | 1.42% | 0.70% | 1.46% | 0.67% | 1.45% | 0.68% | 1.23% |
Paylocity SG&A Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 13 | 12 | 6 | 7 | 4 | 9 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 | 9 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $123.12M | $130.32M | $121.85M | $121.44M | $123.69M | $121.56M | $103.84M | $97.38M | $91.80M | $85.12M | $79.04M | $71.13M | $67.10M | $64.32M | $61.05M | $60.21M |
Avg Forecast | $205.74M | $232.49M | $193.51M | $189.12M | $178.75M | $203.74M | $169.49M | $166.29M | $161.39M | $183.16M | $155.10M | $151.68M | $148.12M | $105.02M | $137.25M | $133.80M | $127.53M | $83.02M | $44.43M | $101.41M | $92.16M | $65.63M | $79.76M | $73.61M | $68.57M | $48.83M | $60.64M | $56.67M | $53.52M | $49.03M |
High Forecast | $207.50M | $234.49M | $195.17M | $190.74M | $180.28M | $205.48M | $170.94M | $167.71M | $162.77M | $184.51M | $155.46M | $152.18M | $148.12M | $126.02M | $137.95M | $135.06M | $128.62M | $99.62M | $53.32M | $101.41M | $92.16M | $78.75M | $79.76M | $73.61M | $68.57M | $58.60M | $60.64M | $56.67M | $53.52M | $58.84M |
Low Forecast | $202.92M | $229.31M | $190.86M | $186.52M | $176.29M | $200.94M | $167.16M | $164.01M | $159.17M | $181.02M | $154.82M | $151.18M | $148.12M | $84.02M | $136.64M | $133.12M | $125.78M | $66.42M | $35.54M | $101.41M | $92.16M | $52.50M | $79.76M | $73.61M | $68.57M | $39.07M | $60.64M | $56.67M | $53.52M | $39.22M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 0.97% | 0.96% | 1.46% | 2.78% | 1.20% | 1.13% | 1.48% | 1.15% | 1.16% | 1.15% | 1.46% | 1.11% | 1.13% | 1.14% | 1.23% |
Paylocity EPS Forecast
Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 6 | 6 | 6 | 6 | 12 | 11 | 10 | 9 | 8 | 13 | 12 | 6 | 7 | 4 | 9 | 16 | 8 | 9 | 12 | 7 | 7 | 8 | 13 | 8 | 8 | 9 | 13 | 15 | 9 | 9 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.68 | $0.62 | $1.62 | $1.03 | $0.28 | $0.55 | $0.27 | $0.63 | $0.18 | $0.56 | $0.22 | $0.68 | $0.18 | $0.23 | $0.09 | $0.75 |
Avg Forecast | $2.24 | $2.97 | $1.91 | $1.81 | $1.64 | $2.33 | $1.55 | $1.56 | $1.42 | $2.10 | $1.41 | $1.50 | $1.29 | $1.98 | $1.28 | $1.13 | $1.15 | $1.53 | $0.74 | $0.64 | $0.53 | $0.91 | $0.42 | $0.38 | $0.30 | $0.67 | $0.25 | $0.15 | $0.13 | $0.70 |
High Forecast | $2.27 | $3.00 | $1.93 | $1.83 | $1.66 | $2.35 | $1.56 | $1.57 | $1.43 | $2.24 | $1.45 | $1.57 | $1.32 | $1.98 | $1.49 | $1.35 | $1.17 | $1.58 | $0.74 | $0.64 | $0.53 | $0.91 | $0.42 | $0.38 | $0.30 | $0.67 | $0.25 | $0.15 | $0.13 | $0.70 |
Low Forecast | $2.20 | $2.92 | $1.88 | $1.78 | $1.61 | $2.28 | $1.52 | $1.53 | $1.39 | $1.94 | $1.37 | $1.43 | $1.27 | $1.98 | $1.17 | $0.99 | $1.12 | $1.48 | $0.72 | $0.64 | $0.53 | $0.91 | $0.42 | $0.38 | $0.30 | $0.67 | $0.25 | $0.15 | $0.13 | $0.70 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.53% | 0.55% | 1.41% | 0.67% | 0.38% | 0.86% | 0.51% | 0.69% | 0.43% | 1.46% | 0.74% | 1.02% | 0.71% | 1.52% | 0.71% | 1.07% |
Paylocity Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
PRO | PROS | $20.73 | $32.67 | 57.60% | Buy |
PYCR | Paycor HCM | $15.71 | $22.00 | 40.04% | Hold |
ALKT | Alkami | $36.53 | $45.67 | 25.02% | Buy |
PCTY | Paylocity | $191.35 | $216.64 | 13.22% | Buy |
DDOG | Datadog | $125.56 | $140.24 | 11.69% | Buy |
BSY | Bentley Systems | $49.05 | $53.00 | 8.05% | Buy |
SSNC | SS&C Technologies | $70.77 | $75.50 | 6.68% | Buy |
TEAM | Atlassian | $218.96 | $233.53 | 6.65% | Buy |
HUBS | HubSpot | $564.55 | $600.24 | 6.32% | Buy |
AZPN | Aspen | $237.59 | $250.00 | 5.22% | Buy |
CWAN | Clearwater Analytics | $26.31 | $26.33 | 0.08% | Buy |
BLKB | Blackbaud | $76.69 | $74.33 | -3.08% | Buy |
TYL | Tyler | $600.61 | $558.00 | -7.09% | Buy |
TTD | Trade Desk | $118.27 | $109.70 | -7.25% | Buy |
NOW | ServiceNow | $954.59 | $831.13 | -12.93% | Buy |
MLNK | MeridianLink | $23.09 | $20.00 | -13.38% | Buy |
PCTY Forecast FAQ
Is Paylocity a good buy?
Yes, according to 16 Wall Street analysts, Paylocity (PCTY) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 11 'Buy' recommendations, accounting for 68.75% of PCTY's total ratings.
What is PCTY's price target?
Paylocity (PCTY) average price target is $216.64 with a range of $171 to $320, implying a 13.22% from its last price of $191.35. The data is based on 16 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Paylocity stock go up soon?
According to Wall Street analysts' prediction for PCTY stock, the company can go up by 13.22% (from the last price of $191.35 to the average price target of $216.64), up by 67.23% based on the highest stock price target, and down by -10.63% based on the lowest stock price target.
Can Paylocity stock reach $300?
PCTY's highest twelve months analyst stock price target of $320 supports the claim that Paylocity can reach $300 in the near future.
What is Paylocity's current price target trend?
5 Wall Street analysts forecast a $201.4 price target for Paylocity (PCTY) this month, up 5.25% from its last price of $191.35. Compared to the last 3 and 12 months, the average price target increased by 2.95% and decreased by -0.02%, respectively.
What are Paylocity's analysts' financial forecasts?
Paylocity's analysts financial forecasts for the fiscal year (Jun 2026) are as follows: average revenue is $1.7B (high $1.71B, low $1.68B), average EBITDA is $314.5M (high $317.19M, low $310.19M), average net income is $397.71M (high $402.14M, low $390.62M), average SG&A $718.26M (high $724.41M, low $708.41M), and average EPS is $7.07 (high $7.15, low $6.94). PCTY's analysts financial forecasts for the fiscal year (Jun 2027) are as follows: average revenue is $1.94B (high $1.96B, low $1.91B), average EBITDA is $359.43M (high $362.51M, low $354.5M), average net income is $502.64M (high $508.24M, low $493.68M), average SG&A $820.86M (high $827.9M, low $809.6M), and average EPS is $8.93 (high $9.03, low $8.77).
Did the PCTY's actual financial results beat the analysts' financial forecasts?
Based on Paylocity's last annual report (Jun 2023), the company's revenue was $1.17B, beating the average analysts forecast of $1.13B by 3.56%. Apple's EBITDA was $155.03M, missing the average prediction of $161.08M by -3.76%. The company's net income was $140.82M, beating the average estimation of $135.4M by 4.01%. Apple's SG&A was $488.54M, beating the average forecast of $356.39M by 37.08%. Lastly, the company's EPS was $2.53, missing the average prediction of $4.06 by -37.61%. In terms of the last quarterly report (Dec 2023), Paylocity's revenue was $326.36M, beating the average analysts' forecast of $324.58M by 0.55%. The company's EBITDA was $49.71M, missing the average prediction of $60.1M by -17.29%. Paylocity's net income was $38.12M, missing the average estimation of $71.75M by -46.88%. The company's SG&A was $123.12M, missing the average forecast of $137.25M by -10.30%. Lastly, the company's EPS was $0.68, missing the average prediction of $1.28 by -46.67%