Paylocity Holding Corporation (PCTY): Check-out its Performance


Paylocity Holding Corporation (NASDAQ:PCTY) changes shares on Thursday trading session, with a change of 7.09% or $9.53 shares. The trading starts at $139.37 and closed at $134.38 throughout the day. The trading session low price was $137.13 and day high was $145.73 on Thursday, June 18. After the session, the Technology sector daily volume shifted to 0.83 million while its average volume is 767.34K. In other hand, the PCTY market cap reached to $7.51B. While, its current target price is $143.91 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 15.65% and up 19.09% for month. Its quarterly performance was 75.76% above, while its half year performance is up 20.15%. PCTY yearly performance stood at positive 43.54% and rise 19.11% for year-to-date. Current recommendation for Paylocity Holding Corporation is 2.30.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. PCTY EPS (TTM) for 12-month is 1.25. EPS for this year is 38.10%, while for the next year its value is 1.61. Sales growth for the current quarter is 5.22 while its EPS Q/Q reached 41.90%. It has an EPS of 42.10% up for past five years and for the next five years will be up 22.10%.

Let’s take a look on the analyst recommendations on PCTY for the current month and previous month. For the current month, 7 of 16 analysts recommend stock as Buy while 0 as Sell, 2 as overweight, 1 as underweight and 6 as Hold. As compared with the previous month ratings, 16 analysts participate in stock recommendation. Out of 16, 0 rated it sell, 6 rated it as Buy and 8 as Hold Ratings. On the other hand, target price ranges from $93.00-$155.00. Average target price for PCTY was reached at $131.62.

Price (T.Rowe) Associates Inc, Vanguard Group, Inc. (The) and Blackrock Inc. are the top three holders in Paylocity Holding Corporation (PCTY) stock. On Mar 30, 2020, Price (T.Rowe) Associates Inc has 3.53 million shares which valued 311.9 million. On Mar 30, 2020, Vanguard Group, Inc. (The) owned 3.51 million shares which valued at 309.87 million. On Mar 30, 2020, Blackrock Inc. has a total of 2.88 million shares which valued at 254.02 million. In the end, Blackrock Inc. have 5.36% shares outstanding of Paylocity Holding Corporation (PCTY) on Mar 30, 2020. The insider ownership moved to 31.80% and institutional holding shifted to 71.20%.

The company posted an EPS (TTM) of 1.25. According to the most recent quarter report on (Jun 2020), 15 analysts estimated an average EPS of 0.12, while 0.34 EPS posted a year ago period. Analyst Estimated EPS for PCTY published in the report was 0.09-0.19 during the same period. Comparing with last year, the average estimated EPS was 0.34 which is lower than 0.83 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for PCTY rise 26.16% for period of 200 days. SMA for 50 days was 25.80% which is showing green signal, while SMA-20 was 10.27%. The moving average value for Paylocity Holding Corporation (PCTY) is 119.29 and 123.74 for 200 and 50 days respectively.

Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in PCTY stock. On Jun 17, Diehl Jeffrey T, Director, sold 9,565 trading shares at the cost of $137.07, which valued at 1.31 million. On Jun 10, Diehl Jeffrey T, Director, sold 1,600 shares at the cost of $137.10, with total shares of 33,949. On Jun 09, Diehl Jeffrey T, Director, sold 2,253 shares at the cost of 137.38. After this transaction, Diehl Jeffrey T total shares reached to 33,996 which valued at 0.31 million.