NASDAQ:PCTY - Paylocity Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $199.07
  • Forecasted Upside: 9.86 %
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 6 Hold Ratings
  • 6 Buy Ratings
  • 0 Strong Buy Ratings
$181.20
▲ +1.15 (0.64%)
1 month | 3 months | 12 months
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Analyst Price Target for PCTY

Average Price Target: $199.07
▲ +9.86% Upside 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 $199.07, with a high forecast of $220.00 and a low forecast of $165.00. The average price target represents a 9.86% upside from the last price of $181.20.

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

  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
12/28/2019
  • 0 strong buy ratings
  • 9 buy ratings
  • 4 hold ratings
  • 0 sell ratings
3/27/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/25/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/23/2020
  • 0 strong buy ratings
  • 10 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/22/2020
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
3/22/2021
  • 0 strong buy ratings
  • 7 buy ratings
  • 6 hold ratings
  • 0 sell ratings
5/21/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 6 hold ratings
  • 0 sell ratings
6/20/2021

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
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
12/22/2020Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon RussellBoost Price Target$209.00 ➝ $210.00N/A
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
9/19/2016Pacific CrestInitiated CoverageSector WeightN/A
8/10/2016JMP SecuritiesBoost Price TargetMarket Outperform$43.00 ➝ $55.00N/A
8/10/2016Deutsche Bank AktiengesellschaftBoost Price TargetBuy$52.00 ➝ $55.00N/A
8/10/2016Stifel NicolausBoost Price TargetBuy$43.00 ➝ $50.00N/A
7/8/2016First AnalysisDowngradeOverweight ➝ Equal Weight$42.00N/A
(Data available from 6/20/2016 forward)
Paylocity logo
Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Payroll module that enables clients to automate key payroll processes and manage compliance; Core HR module, which provides a set of HR capabilities enabling clients to manage HR data; and Talent module that enable clients to manage their talent throughout employees' tenures, starting at recruiting and carrying through onboarding, learning, and performance management. It also provides Workforce Management module for time and attendance and scheduling functionality, enabling clients to collect hourly data for employees, improve productivity, and help organizations control labor costs; Benefits modules, which offers benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes. In addition, the company offers third-party administrative services for clients designed to modernize the administration of flexible spending accounts, health savings accounts, transportation management accounts, premium only plans, and health reimbursement arrangements for their employees. Further, it provides implementation and training, client, and tax and regulatory services. The company sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
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Today's Range

Now: $181.20
Low: $178.42
High: $182.94

50 Day Range

MA: $177.08
Low: $156.94
High: $199.95

52 Week Range

Now: $181.20
Low: $124.75
High: $218.34

Volume

280,105 shs

Average Volume

245,164 shs

Market Capitalization

$9.87 billion

P/E Ratio

160.36

Dividend Yield

N/A

Beta

1.25

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., Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell, Cowen 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, Wolfe Research, and Zacks Investment Research.
View the latest analyst ratings for PCTY.

What is the current price target for Paylocity?

15 Wall Street analysts have set twelve-month price targets for Paylocity in the last year. Their average twelve-month price target is $199.07, suggesting a possible upside of 9.9%. JMP Securities has the highest price target set, predicting PCTY will reach $220.00 in the next twelve months. Cowen Inc has the lowest price target set, forecasting a price of $165.00 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.