NASDAQ:PCTY - Paylocity Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $220.82
  • Forecasted Upside: -25.62 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$296.89
▲ +8.26 (2.86%)

This chart shows the closing price for PCTY by one month, three months, or twelve months.

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Paylocity Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for PCTY and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for PCTY

Analyst Price Target is $220.82
▼ -25.62% Downside Potential
This price target is based on 12 analysts offering 12 month price targets for Paylocity in the last 3 months. The average price target is $220.82, with a high forecast of $272.00 and a low forecast of $180.00. The average price target represents a -25.62% upside from the last price of $296.89.

This chart shows the closing price for PCTY for the last year in relation to the current analyst high, average, and low pricetarget.

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 12 polled investment analysts is to buy stock in Paylocity. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
4/1/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/30/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/28/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/27/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/27/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/25/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings
8/24/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/23/2021

Latest Recommendations

  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/9/2021KeyCorpBoost Price TargetOverweight$220.00 ➝ $255.00Medium
8/9/2021MizuhoBoost Price TargetNeutral$175.00 ➝ $220.00Medium
8/6/2021Piper SandlerBoost Price TargetNeutral$184.00 ➝ $230.00High
8/6/2021Wolfe ResearchBoost Price TargetPeer Perform$180.00 ➝ $230.00High
8/6/2021Raymond JamesBoost Price TargetOutperform$205.00 ➝ $270.00High
8/6/2021William BlairReiterated RatingBuyHigh
8/6/2021JMP SecuritiesBoost Price TargetOutperform$220.00 ➝ $272.00High
7/26/2021CitigroupReiterated RatingNeutral$194.00 ➝ $203.71Medium
5/10/2021KeyCorpLower Price TargetOverweight$230.00 ➝ $220.00Medium
5/7/2021Piper SandlerLower Price TargetNeutral$205.00 ➝ $184.00Medium
5/7/2021Raymond JamesLower Price TargetOutperform$240.00 ➝ $205.00Medium
4/22/2021Wolfe ResearchInitiated CoverageMarket Perform$200.00Low
2/5/2021CitigroupBoost Price TargetNeutral$210.00 ➝ $217.00Low
2/5/2021Raymond JamesBoost Price TargetOutperform$210.00 ➝ $240.00High
1/26/2021JMP SecuritiesBoost Price TargetPositive ➝ Outperform$195.00 ➝ $220.00High
12/22/2020Smith Barney CitigroupBoost Price Target$209.00 ➝ $210.00Low
12/16/2020MizuhoBoost Price TargetNeutral$160.00 ➝ $175.00Low
11/9/2020TruistBoost Price Target$155.00 ➝ $200.00Low
11/6/2020Jefferies Financial GroupBoost Price TargetHold$135.00 ➝ $185.00Low
11/6/2020Needham & Company LLCBoost Price TargetBuy$170.00 ➝ $220.00High
11/6/2020Craig HallumDowngradeBuy ➝ Hold$156.00 ➝ $180.00High
11/6/2020MizuhoBoost Price TargetNeutral$130.00 ➝ $160.00Medium
11/6/2020Piper SandlerBoost Price TargetNeutral$178.00 ➝ $187.00Medium
10/23/2020KeyCorpReiterated RatingOverweightMedium
10/9/2020JMP SecuritiesBoost Price TargetMarket Outperform$140.00 ➝ $195.00Low
10/1/2020Stifel NicolausUpgradeHold ➝ Buy$195.00Low
9/17/2020Needham & Company LLCBoost Price TargetBuy$150.00 ➝ $170.00Medium
9/16/2020CowenInitiated CoverageOutperform$165.00Low
8/7/2020Craig HallumBoost Price TargetOutperform ➝ Buy$136.00 ➝ $156.00Low
8/7/2020Piper SandlerLower Price TargetNeutral$136.00 ➝ $133.00Low
8/7/2020Needham & Company LLCBoost Price TargetBuy$140.00 ➝ $150.00Low
8/7/2020Jefferies Financial GroupBoost Price TargetHold$110.00 ➝ $135.00High
6/18/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$120.00 ➝ $155.00High
5/21/2020Piper SandlerInitiated CoverageNeutral$125.00Medium
5/12/2020CitigroupBoost Price TargetNeutral$94.00 ➝ $124.00Medium
5/8/2020Stifel NicolausBoost Price TargetHold$80.00 ➝ $93.00Medium
5/8/2020Craig HallumBoost Price Target$125.00 ➝ $136.00Low
5/8/2020Raymond JamesLower Price TargetOutperform$165.00 ➝ $140.00Medium
5/8/2020Royal Bank of CanadaBoost Price TargetSector Perform$100.00 ➝ $120.00Low
5/8/2020SunTrust BanksBoost Price TargetBuy$115.00 ➝ $133.00High
5/8/2020Needham & Company LLCBoost Price TargetBuy$110.00 ➝ $140.00High
5/8/2020Cantor FitzgeraldLower Price TargetOverweight$165.00 ➝ $146.00High
5/8/2020MizuhoBoost Price TargetNeutral$80.00 ➝ $110.00High
5/8/2020OppenheimerInitiated CoverageHoldMedium
4/15/2020Stifel NicolausDowngradeBuy ➝ Hold$155.00 ➝ $80.00High
4/7/2020Needham & Company LLCReiterated RatingBuy$110.00High
3/27/2020SunTrust BanksLower Price TargetBuy$162.00 ➝ $115.00Low
3/26/2020Royal Bank of CanadaLower Price TargetSector Perform$160.00 ➝ $100.00High
3/23/2020Needham & Company LLCLower Price TargetBuy$170.00 ➝ $110.00Medium
3/18/2020Craig HallumUpgradeHold ➝ Buy$145.00 ➝ $125.00High
2/5/2020SunTrust BanksReiterated RatingBuy$162.00High
2/5/2020Robert W. BairdBoost Price TargetOutperform$120.00 ➝ $155.00High
2/5/2020Royal Bank of CanadaReiterated RatingSector Perform$160.00High
2/5/2020Raymond JamesBoost Price TargetPositive ➝ Outperform$115.00 ➝ $165.00High
2/5/2020Needham & Company LLCBoost Price TargetBuy$115.00 ➝ $170.00High
2/5/2020KeyCorpBoost Price TargetOverweight$155.00 ➝ $163.00High
2/5/2020Cantor FitzgeraldBoost Price TargetOverweight$119.00 ➝ $165.00High
2/5/2020MizuhoBoost Price TargetNeutral$105.00 ➝ $130.00High
2/5/2020Stifel NicolausBoost Price TargetBuy$125.00 ➝ $155.00High
2/5/2020Jefferies Financial GroupBoost Price TargetHold$115.00 ➝ $130.00High
1/29/2020CitigroupBoost Price TargetNeutral$132.00 ➝ $146.00Low
1/13/2020KeyCorpBoost Price TargetOverweight$124.00 ➝ $155.00Medium
11/25/2019KeyCorpBoost Price TargetOverweight$115.00 ➝ $124.00Low
10/31/2019Needham & Company LLCReiterated RatingBuy$115.00High
10/25/2019CitigroupInitiated CoverageNeutral$105.00High
10/25/2019Needham & Company LLCReiterated RatingBuy$115.00High
8/21/2019MizuhoInitiated CoverageNeutral$105.00Low
8/11/2019Royal Bank of CanadaReiterated RatingHold ➝ NeutralHigh
8/9/2019Stifel NicolausBoost Price TargetBuy$105.00 ➝ $125.00Low
8/9/2019SunTrust BanksBoost Price TargetBuy ➝ Buy$108.00 ➝ $125.00Low
8/8/2019Jefferies Financial GroupBoost Price Target$115.00High
7/29/2019KeyCorpBoost Price TargetOverweight$112.00 ➝ $115.00Medium
7/22/2019JMP SecuritiesBoost Price TargetMarket Perform$115.00Medium
6/20/2019KeyCorpBoost Price TargetOverweight$106.00 ➝ $112.00High
6/18/2019Cantor FitzgeraldInitiated CoverageOverweightHigh
5/17/2019Raymond JamesBoost Price TargetOutperform$105.00 ➝ $115.00Medium
5/3/2019SunTrust BanksBoost Price TargetBuy ➝ Positive$108.00Low
5/3/2019Craig HallumReiterated RatingHold$78.00 ➝ $97.00High
5/3/2019Jefferies Financial GroupBoost Price TargetHold$85.00 ➝ $103.00High
4/16/2019KeyCorpInitiated CoverageOverweight ➝ Overweight$104.00Low
2/7/2019Jefferies Financial GroupBoost Price TargetHold$85.00Low
2/7/2019JMP SecuritiesBoost Price TargetOutperform$77.00 ➝ $89.00Low
2/7/2019Raymond JamesBoost Price TargetOutperform ➝ Outperform$75.00 ➝ $88.00Low
2/7/2019Bank of AmericaBoost Price TargetBuy ➝ Buy$80.00 ➝ $89.00Low
2/7/2019Stifel NicolausBoost Price TargetBuy$78.00 ➝ $91.00Medium
2/7/2019Craig HallumBoost Price TargetHold$65.00 ➝ $78.00Medium
2/7/2019Needham & Company LLCReiterated RatingBuy ➝ Buy$80.00 ➝ $100.00Low
2/5/2019SunTrust BanksBoost Price TargetBuy ➝ Positive$83.00Low
11/2/2018Robert W. BairdBoost Price TargetOutperform ➝ Outperform$68.00 ➝ $71.00Low
11/2/2018Bank of AmericaLower Price TargetBuy ➝ Buy$91.00 ➝ $78.00High
11/2/2018Jefferies Financial GroupLower Price TargetHold$79.00High
10/1/2018Jefferies Financial GroupInitiated CoverageHold$88.00High
9/26/2018Bank of AmericaBoost Price TargetBuy ➝ Buy$73.00 ➝ $91.00Medium
8/20/2018GuggenheimInitiated CoverageBuy$80.00High
8/13/2018Raymond JamesReiterated RatingBuy$75.00Low
8/10/2018Craig HallumBoost Price TargetHold$58.00 ➝ $65.00Low
8/10/2018Royal Bank of CanadaLower Price TargetSector Perform ➝ Sector Perform$68.00 ➝ $66.00N/A
8/10/2018Needham & Company LLCBoost Price TargetBuy$65.00 ➝ $80.00High
8/10/2018Stifel NicolausBoost Price TargetBuy$59.00 ➝ $78.00High
8/10/2018Wells Fargo & CompanyBoost Price TargetMarket Perform ➝ Market Perform$52.00 ➝ $58.00High
8/10/2018Robert W. BairdReiterated RatingBuy$68.00High
8/8/2018Royal Bank of CanadaReiterated RatingHold$68.00Low
5/7/2018Robert W. BairdBoost Price TargetOutperform ➝ Outperform$56.00Low
5/4/2018Stifel NicolausBoost Price TargetBuy ➝ Buy$50.00 ➝ $59.00Low
5/3/2018MizuhoReiterated RatingHold$45.00High
4/24/2018MizuhoReiterated RatingHold$45.00High
4/23/2018Royal Bank of CanadaDowngradeOutperform ➝ Sector Perform$56.00High
3/19/2018First AnalysisBoost Price TargetOverweight ➝ Overweight$63.00 ➝ $65.00Medium
3/15/2018Needham & Company LLCReiterated RatingBuy$60.00 ➝ $65.00Low
3/12/2018SunTrust BanksUpgradeHold ➝ Buy$52.72 ➝ $45.00High
2/9/2018William BlairReiterated RatingOutperformHigh
12/19/2017Dougherty & CoInitiated CoverageNeutral ➝ NeutralMedium
11/3/2017SunTrust BanksReiterated RatingHold$47.00N/A
11/3/2017Robert W. BairdBoost Price TargetOutperform$52.00 ➝ $56.00N/A
10/24/2017Bank of AmericaBoost Price TargetBuy$50.00 ➝ $56.00N/A
10/12/2017MizuhoReiterated RatingHold$45.00N/A
9/10/2017Northland SecuritiesReiterated RatingBuy$55.00High
8/11/2017Stifel NicolausReiterated RatingBuy$50.00 ➝ $55.00Low
8/11/2017Bank of AmericaReiterated RatingBuy$50.00 ➝ $47.00High
8/10/2017MizuhoReiterated RatingHold$45.00High
8/9/2017Raymond JamesSet Price TargetBuy$48.00 ➝ $55.00Low
7/18/2017JMP SecuritiesReiterated RatingOutperform$54.00Low
6/26/2017SunTrust BanksInitiated CoverageHold ➝ Hold$45.00High
5/25/2017Needham & Company LLCBoost Price TargetBuy ➝ Buy$46.00 ➝ $52.00High
5/25/2017Royal Bank of CanadaBoost Price TargetOutperform ➝ Outperform$47.00 ➝ $56.00High
5/15/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$55.00 ➝ $60.00Low
5/12/2017Wells Fargo & CompanyReiterated RatingMarket PerformHigh
5/11/2017Wells Fargo & CompanyInitiated CoverageMarket Perform ➝ Market Perform$44.00High
5/5/2017Needham & Company LLCReiterated RatingBuy$40.00 ➝ $46.00Low
5/5/2017Deutsche Bank AktiengesellschaftBoost Price TargetBuy$55.00 ➝ $60.00Low
5/4/2017Pacific CrestReiterated RatingHoldHigh
3/28/2017Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$38.00 ➝ $47.00High
3/3/2017MizuhoInitiated CoverageNeutral$35.00N/A
2/3/2017Needham & Company LLCLower Price TargetBuy$58.00 ➝ $40.00N/A
2/3/2017Bank of AmericaUpgradeUnderperform ➝ Buy$40.00N/A
2/3/2017JMP SecuritiesLower Price TargetOutperform$55.00 ➝ $50.00N/A
12/1/2016OppenheimerInitiated CoverageMarket PerformN/A
12/1/2016UBS GroupInitiated CoverageMarket PerformN/A
11/14/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$55.00N/A
11/4/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$55.00N/A
11/4/2016First AnalysisUpgradeEqual Weight ➝ Overweight$48.00N/A
11/4/2016Craig HallumDowngradeBuy ➝ HoldN/A
10/21/2016Deutsche Bank AktiengesellschaftReiterated RatingBuy$55.00N/A
9/30/2016Royal Bank of CanadaReiterated RatingSector Perform$50.00N/A
9/30/2016Royal Bank of CanadaInitiated CoverageSector Perform$50.00N/A
9/28/2016Pacific CrestReiterated RatingHoldN/A
(Data available from 9/24/2016 forward)

News Sentiment Rating

0.74 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 5 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
2/26/2021
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/28/2021
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
4/27/2021
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/27/2021
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/26/2021
  • 1 very positive mentions
  • 10 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
7/26/2021
  • 6 very positive mentions
  • 17 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/25/2021
  • 10 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/24/2021

Current Sentiment

  • 10 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Paylocity logo
Paylocity Holding Corp. engages in the development and provision of cloud-based software solution. It offers cloud-based payroll, human capital management applications, time labor tracking, benefits administration, and talent management. The company was founded by Steve I. Sarowitz in 1997 and is headquartered in Schaumburg, IL.
Read More

Today's Range

Now: $296.89
Low: $288.31
High: $297.53

50 Day Range

MA: $245.77
Low: $191.70
High: $296.89

52 Week Range

Now: $296.89
Low: $143.22
High: $297.53

Volume

186,173 shs

Average Volume

234,374 shs

Market Capitalization

$16.21 billion

P/E Ratio

237.51

Dividend Yield

N/A

Beta

1.31

Frequently Asked Questions

What sell-side analysts currently cover shares of Paylocity?

The following equities research analysts have issued research reports on Paylocity in the last twelve months: Citigroup Inc., Craig Hallum, Jefferies Financial Group Inc., JMP Securities, KeyCorp, Mizuho, Needham & Company LLC, Piper Sandler, Raymond James, Smith Barney Citigroup, Stifel Nicolaus, TheStreet, Truist, William Blair, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for PCTY.

What is the current price target for Paylocity?

13 Wall Street analysts have set twelve-month price targets for Paylocity in the last year. Their average twelve-month price target is $220.82, suggesting a possible downside of 25.6%. JMP Securities has the highest price target set, predicting PCTY will reach $272.00 in the next twelve months. Craig Hallum has the lowest price target set, forecasting a price of $180.00 for Paylocity in the next year.
View the latest price targets for PCTY.

What is the current consensus analyst rating for Paylocity?

Paylocity currently has 6 hold ratings and 6 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe PCTY will outperform the market and that investors should add to their positions of Paylocity.
View the latest ratings for PCTY.

What other companies compete with Paylocity?

How do I contact Paylocity's investor relations team?

Paylocity's physical mailing address is 1400 AMERICAN LANE, SCHAUMBURG IL, 60173. The software maker's listed phone number is (847) 463-3200 and its investor relations email address is [email protected] The official website for Paylocity is www.paylocity.com.