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Paylocity - PCTY Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $260.79
  • Forecasted Upside: 41.36%
  • Number of Analysts: 12
  • Breakdown:
  • 0 Sell Ratings
  • 4 Hold Ratings
  • 8 Buy Ratings
  • 0 Strong Buy Ratings
$184.48 As of 10/3/2023 10:32 AM ET
▼ -0.58 (-0.31%)

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

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Analyst Price Target for PCTY

Analyst Price Target is $260.79
▲ +41.36% 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 $260.79, with a high forecast of $325.00 and a low forecast of $213.00. The average price target represents a 41.36% upside from the last price of $184.48.

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

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Current Consensus is Moderate Buy

The current consensus among 12 contributing investment analysts is to moderate buy stock in Paylocity. This Moderate 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
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/10/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/9/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/7/2022
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
1/5/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
4/5/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
7/4/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
9/2/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
Ratings as of
10/2/2023

Latest Recommendations

  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/23/2023MizuhoReiterated RatingNeutral ➝ Neutral$225.00Low
8/4/2023TD CowenBoost TargetOutperform ➝ Outperform$253.00 ➝ $260.00Low
8/4/2023BMO Capital MarketsBoost TargetOutperform ➝ Outperform$230.00 ➝ $246.00Low
8/4/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$204.00 ➝ $213.00Low
8/4/2023Credit Suisse GroupReiterated RatingNeutral ➝ Neutral$215.00Low
8/4/2023Piper SandlerBoost TargetOverweight ➝ Overweight$245.00 ➝ $249.00Low
8/4/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$325.00Low
7/24/2023MizuhoBoost TargetNeutral$200.00 ➝ $225.00Low
7/21/2023CitigroupBoost TargetNeutral$219.00 ➝ $253.00N/A
7/19/2023BarclaysBoost Target$199.00 ➝ $204.00Low
6/21/2023CitigroupBoost Target$211.00 ➝ $219.00Low
5/30/2023BarclaysInitiated CoverageEqual Weight$199.00Low
5/5/2023Truist FinancialLower Target$285.00 ➝ $250.00Low
5/5/2023Robert W. BairdLower Target$311.00 ➝ $280.00Low
5/5/2023Piper SandlerLower Target$297.00 ➝ $245.00Low
5/5/2023MizuhoLower Target$230.00 ➝ $200.00Low
3/30/2023DA DavidsonUpgradeNeutral ➝ Buy$245.00Low
2/13/2023Needham & Company LLCReiterated RatingBuy$325.00Low
2/3/2023JMP SecuritiesReiterated RatingMarket Outperform$320.00Low
2/3/2023CowenBoost TargetOutperform$231.00 ➝ $265.00Low
2/3/2023Robert W. BairdBoost Target$305.00 ➝ $311.00Low
2/3/2023Piper SandlerBoost TargetOverweight$276.00 ➝ $297.00Low
2/3/2023KeyCorpBoost TargetOverweight$295.00 ➝ $305.00Low
2/3/2023Needham & Company LLCReiterated RatingBuy$325.00Low
11/4/2022Piper SandlerBoost TargetOverweight$269.00 ➝ $276.00Low
11/4/2022KeyCorpLower TargetOverweight$310.00 ➝ $295.00Low
10/28/2022DA DavidsonDowngradeBuy ➝ Neutral$250.00Low
10/21/2022CitigroupLower Target$294.00 ➝ $255.00Low
9/1/2022CitigroupInitiated CoverageNeutral$294.00Low
8/15/2022KeyCorpBoost TargetOverweight$285.00 ➝ $310.00Low
8/9/2022DA DavidsonBoost Target$270.00Low
8/9/2022Credit Suisse GroupBoost Target$240.00Low
8/8/2022Wolfe ResearchBoost TargetOutperform$220.00 ➝ $290.00Low
8/5/2022CowenBoost Target$240.00 ➝ $265.00Low
8/5/2022CowenBoost Target$240.00 ➝ $265.00Low
8/5/2022Robert W. BairdBoost TargetOutperform$274.00 ➝ $305.00Low
8/5/2022KeyCorpBoost TargetOverweight$205.00 ➝ $285.00Low
8/5/2022MizuhoBoost TargetNeutral$185.00 ➝ $230.00Low
8/5/2022Raymond JamesBoost Target$245.00 ➝ $265.00Low
8/5/2022Piper SandlerBoost TargetOverweight$195.00 ➝ $269.00Low
7/18/2022Piper SandlerLower TargetOverweight$232.00 ➝ $195.00Low
6/23/2022KeyCorpLower TargetOverweight$225.00 ➝ $205.00Low
5/23/2022Jefferies Financial GroupLower Target$255.00 ➝ $200.00High
5/6/2022CowenLower Target$265.00 ➝ $240.00Low
5/6/2022CowenLower Target$265.00 ➝ $240.00High
4/22/2022Wolfe ResearchUpgradeMarket Perform ➝ Outperform$220.00 ➝ $240.00Low
3/23/2022Credit Suisse GroupInitiated CoverageNeutral$225.00High
2/28/2022Jefferies Financial GroupUpgradeHold ➝ Buy$255.00Medium
2/4/2022Truist FinancialLower Target$320.00 ➝ $260.00High
2/4/2022Raymond JamesLower TargetOutperform$355.00 ➝ $245.00High
2/4/2022Robert W. BairdLower Target$301.00 ➝ $274.00High
2/4/2022Piper SandlerUpgradeNeutral ➝ Overweight$244.00 ➝ $249.00High
2/1/2022CitigroupInitiated CoverageBuy$230.00Low
2/1/2022BMO Capital MarketsInitiated CoverageOutperform$230.00Medium
1/28/2022MizuhoLower Target$250.00 ➝ $185.00High
1/25/2022KeyCorpLower TargetOverweight$325.00 ➝ $225.00High
1/13/2022Piper SandlerLower TargetNeutral$244.00High
11/8/2021KeyCorpBoost TargetOverweight$255.00 ➝ $325.00High
11/5/2021Raymond JamesBoost TargetOutperform$270.00 ➝ $355.00High
11/5/2021CowenBoost TargetOutperform$300.00 ➝ $330.00High
11/5/2021JMP SecuritiesBoost TargetMarket Outperform$310.00 ➝ $320.00High
11/5/2021MizuhoBoost TargetNeutral$280.00 ➝ $300.00High
11/5/2021Piper SandlerBoost TargetNeutral$230.00 ➝ $274.00High
10/21/2021Needham & Company LLCReiterated RatingBuy$326.00Low
10/21/2021MizuhoBoost TargetNeutral$220.00 ➝ $280.00High
10/19/2021JMP SecuritiesBoost TargetPositive ➝ Outperform$272.00 ➝ $310.00Low
10/18/2021CowenBoost TargetOutperform$285.00 ➝ $300.00High
10/13/2021DA DavidsonInitiated CoverageBuy$315.00Medium
8/9/2021KeyCorpBoost TargetOverweight$220.00 ➝ $255.00Medium
8/9/2021MizuhoBoost TargetNeutral$175.00 ➝ $220.00Medium
8/6/2021Piper SandlerBoost TargetNeutral$184.00 ➝ $230.00High
8/6/2021Wolfe ResearchBoost TargetPeer Perform$180.00 ➝ $230.00High
8/6/2021Raymond JamesBoost TargetOutperform$205.00 ➝ $270.00High
8/6/2021William BlairReiterated RatingBuyHigh
8/6/2021JMP SecuritiesBoost TargetOutperform$220.00 ➝ $272.00High
7/26/2021CitigroupReiterated RatingNeutral$194.00 ➝ $203.71Medium
5/10/2021KeyCorpLower TargetOverweight$230.00 ➝ $220.00Medium
5/7/2021Piper SandlerLower TargetNeutral$205.00 ➝ $184.00Medium
5/7/2021Raymond JamesLower TargetOutperform$240.00 ➝ $205.00Medium
4/22/2021Wolfe ResearchInitiated CoverageMarket Perform$200.00Low
2/5/2021CitigroupBoost TargetNeutral$210.00 ➝ $217.00Low
2/5/2021Raymond JamesBoost TargetOutperform$210.00 ➝ $240.00High
1/26/2021JMP SecuritiesBoost TargetPositive ➝ Outperform$195.00 ➝ $220.00High
12/22/2020Smith Barney CitigroupBoost Target$209.00 ➝ $210.00Low
12/16/2020MizuhoBoost TargetNeutral$160.00 ➝ $175.00Low
11/9/2020Truist FinancialBoost Target$155.00 ➝ $200.00Low
11/6/2020Jefferies Financial GroupBoost TargetHold$135.00 ➝ $185.00Low
11/6/2020Needham & Company LLCBoost TargetBuy$170.00 ➝ $220.00High
11/6/2020Craig HallumDowngradeBuy ➝ Hold$156.00 ➝ $180.00High
11/6/2020MizuhoBoost TargetNeutral$130.00 ➝ $160.00Medium
11/6/2020Piper SandlerBoost TargetNeutral$178.00 ➝ $187.00Medium
10/23/2020KeyCorpReiterated RatingOverweightMedium
10/9/2020JMP SecuritiesBoost TargetMarket Outperform$140.00 ➝ $195.00Low
10/1/2020Stifel NicolausUpgradeHold ➝ Buy$195.00Low
9/17/2020Needham & Company LLCBoost TargetBuy$150.00 ➝ $170.00Medium
9/16/2020CowenInitiated CoverageOutperform$165.00Low
8/7/2020Craig HallumBoost TargetOutperform ➝ Buy$136.00 ➝ $156.00Low
8/7/2020Piper SandlerLower TargetNeutral$136.00 ➝ $133.00Low
8/7/2020Needham & Company LLCBoost TargetBuy$140.00 ➝ $150.00Low
8/7/2020Jefferies Financial GroupBoost 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 TargetNeutral$94.00 ➝ $124.00Medium
5/8/2020Stifel NicolausBoost TargetHold$80.00 ➝ $93.00Medium
5/8/2020Craig HallumBoost Target$125.00 ➝ $136.00Low
5/8/2020Raymond JamesLower TargetOutperform$165.00 ➝ $140.00Medium
5/8/2020Royal Bank of CanadaBoost TargetSector Perform$100.00 ➝ $120.00Low
5/8/2020SunTrust BanksBoost TargetBuy$115.00 ➝ $133.00High
5/8/2020Needham & Company LLCBoost TargetBuy$110.00 ➝ $140.00High
5/8/2020Cantor FitzgeraldLower TargetOverweight$165.00 ➝ $146.00High
5/8/2020MizuhoBoost 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 TargetBuy$162.00 ➝ $115.00Low
3/26/2020Royal Bank of CanadaLower TargetSector Perform$160.00 ➝ $100.00High
3/23/2020Needham & Company LLCLower 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 TargetOutperform$120.00 ➝ $155.00High
2/5/2020Royal Bank of CanadaReiterated RatingSector Perform$160.00High
2/5/2020Raymond JamesBoost TargetPositive ➝ Outperform$115.00 ➝ $165.00High
2/5/2020Needham & Company LLCBoost TargetBuy$115.00 ➝ $170.00High
2/5/2020KeyCorpBoost TargetOverweight$155.00 ➝ $163.00High
2/5/2020Cantor FitzgeraldBoost TargetOverweight$119.00 ➝ $165.00High
2/5/2020MizuhoBoost TargetNeutral$105.00 ➝ $130.00High
2/5/2020Stifel NicolausBoost TargetBuy$125.00 ➝ $155.00High
2/5/2020Jefferies Financial GroupBoost TargetHold$115.00 ➝ $130.00High
1/29/2020CitigroupBoost TargetNeutral$132.00 ➝ $146.00Low
1/13/2020KeyCorpBoost TargetOverweight$124.00 ➝ $155.00Medium
11/25/2019KeyCorpBoost 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 TargetBuy$105.00 ➝ $125.00Low
8/9/2019SunTrust BanksBoost TargetBuy ➝ Buy$108.00 ➝ $125.00Low
8/8/2019Jefferies Financial GroupBoost Target$115.00High
7/29/2019KeyCorpBoost TargetOverweight$112.00 ➝ $115.00Medium
7/22/2019JMP SecuritiesBoost TargetMarket Perform$115.00Medium
6/20/2019KeyCorpBoost TargetOverweight$106.00 ➝ $112.00High
6/18/2019Cantor FitzgeraldInitiated CoverageOverweightHigh
5/17/2019Raymond JamesBoost TargetOutperform$105.00 ➝ $115.00Medium
5/3/2019SunTrust BanksBoost TargetBuy ➝ Positive$108.00Low
5/3/2019Craig HallumReiterated RatingHold$78.00 ➝ $97.00High
5/3/2019Jefferies Financial GroupBoost TargetHold$85.00 ➝ $103.00High
4/16/2019KeyCorpInitiated CoverageOverweight ➝ Overweight$104.00Low
2/7/2019Jefferies Financial GroupBoost TargetHold$85.00Low
2/7/2019JMP SecuritiesBoost TargetOutperform$77.00 ➝ $89.00Low
2/7/2019Raymond JamesBoost TargetOutperform ➝ Outperform$75.00 ➝ $88.00Low
2/7/2019Bank of AmericaBoost TargetBuy ➝ Buy$80.00 ➝ $89.00Low
2/7/2019Stifel NicolausBoost TargetBuy$78.00 ➝ $91.00Medium
2/7/2019Craig HallumBoost TargetHold$65.00 ➝ $78.00Medium
2/7/2019Needham & Company LLCReiterated RatingBuy ➝ Buy$80.00 ➝ $100.00Low
2/5/2019SunTrust BanksBoost TargetBuy ➝ Positive$83.00Low
11/2/2018Robert W. BairdBoost TargetOutperform ➝ Outperform$68.00 ➝ $71.00Low
11/2/2018Bank of AmericaLower TargetBuy ➝ Buy$91.00 ➝ $78.00High
11/2/2018Jefferies Financial GroupLower TargetHold$79.00High
(Data available from 10/3/2018 forward)

News Sentiment Rating

1.26 (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
  • 14 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 15 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 14 very positive mentions
  • 8 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 12 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 12 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 15 very positive mentions
  • 7 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 19 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2023
  • 14 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 14 very positive mentions
  • 6 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Paylocity logo
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.
Read More

Today's Range

Now: $184.48
Low: $183.69
High: $184.66

50 Day Range

MA: $199.35
Low: $176.88
High: $226.85

52 Week Range

Now: $184.48
Low: $160.00
High: $269.34

Volume

2,124 shs

Average Volume

427,409 shs

Market Capitalization

$10.32 billion

P/E Ratio

73.79

Dividend Yield

N/A

Beta

1.09

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: Barclays PLC, BMO Capital Markets, Citigroup Inc., Cowen Inc, Credit Suisse Group AG, DA Davidson, JMP Securities, KeyCorp, Mizuho, Needham & Company LLC, Piper Sandler, Robert W. Baird, StockNews.com, TD Cowen, and Truist Financial Co..
View the latest analyst ratings for PCTY.

What is the current price target for Paylocity?

14 Wall Street analysts have set twelve-month price targets for Paylocity in the last year. Their average twelve-month price target is $260.79, suggesting a possible upside of 41.4%. Needham & Company LLC has the highest price target set, predicting PCTY will reach $325.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $213.00 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 4 hold ratings and 8 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for PCTY.

What other companies compete with Paylocity?

Other companies that are similar to Paylocity include Ceridian HCM, BILL, Dropbox, Twilio and NICE. Learn More about companies similar to 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. Learn More about contacing Paylocity investor relations.