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NASDAQ: PCTY
Paylocity Holding Corp Stock Forecast, Predictions & Price Target

Analyst price target for PCTY

Based on 12 analysts offering 12 month price targets for Paylocity Holding Corp.
Min Forecast
$155.00+9.02%
Avg Forecast
$191.67+34.82%
Max Forecast
$250.00+75.85%

Should I buy or sell PCTY stock?

Based on 12 analysts offering ratings for Paylocity Holding Corp.
Buy
Strong Buy
5 analysts 41.67%
Buy
3 analysts 25%
Hold
4 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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PCTY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-05-22
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
lockedlocked$00.00+00.00%2024-05-03
Piper Sandler
Bottom 1%
1
Strong BuyMaintains$194.00+36.46%2024-05-03
Truist Securities
Top 20%
81
Strong BuyMaintains$200.00+40.68%2024-02-09
Mizuho
Bottom 5%
5
HoldMaintains$155.00+9.02%2024-02-09
BTIG
Bottom 8%
8
Strong BuyInitiates Coverage On$200.00+40.68%2024-02-06
JMP Securities
Bottom 2%
2
BuyReiterates$250.00+75.85%2024-01-22

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Forecast return on equity

Is PCTY forecast to generate an efficient return?
Company
N/A
Industry
N/A
Market
27.85%

Forecast return on assets

Is PCTY forecast to generate an efficient return on assets?
Company
N/A
Industry
N/A

PCTY revenue forecast

What is PCTY's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.4B+3.06%
Avg 2 year Forecast
$1.6B+15.27%
Avg 3 year Forecast
$1.7B+28.95%
PCTY's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

PCTY earnings growth forecast

How is PCTY forecast to perform vs Software - Application companies and vs the US market?
Company
-35.59%
Industry
1.86%
Market
17.9%
PCTY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
PCTY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
PCTY's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

PCTY revenue growth forecast

How is PCTY forecast to perform vs Software - Application companies and vs the US market?
Company
8.74%
Industry
14%
Market
9.64%
PCTY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
PCTY's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

PCTY vs App Stocks

TickerPricePrice TargetUp/downsideConsensus
PCTY$142.17$191.67+34.82%Buy
OTEX$29.25$43.00+47.01%Hold
DSGX$92.33$101.36+9.78%Buy
DAY$49.46$74.67+50.96%Buy
DUOL$191.40$253.75+32.58%Buy

Paylocity Holding Stock Forecast FAQ

Is Paylocity Holding Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 12 Wall Street analysts covering (NASDAQ: PCTY) stock is to Buy PCTY stock.

Out of 12 analysts, 5 (41.67%) are recommending PCTY as a Strong Buy, 3 (25%) are recommending PCTY as a Buy, 4 (33.33%) are recommending PCTY as a Hold, 0 (0%) are recommending PCTY as a Sell, and 0 (0%) are recommending PCTY as a Strong Sell.

If you're new to stock investing, here's how to buy Paylocity Holding stock.

What is PCTY's revenue growth forecast for 2024-2026?

(NASDAQ: PCTY) Paylocity Holding's forecast annual revenue growth rate of 8.74% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 14%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 9.64%.

Paylocity Holding's revenue in 2024 is $1,353,681,000.On average, 8 Wall Street analysts forecast PCTY's revenue for 2024 to be $78,725,604,554, with the lowest PCTY revenue forecast at $78,664,038,057, and the highest PCTY revenue forecast at $78,811,887,940. On average, 8 Wall Street analysts forecast PCTY's revenue for 2025 to be $88,053,352,087, with the lowest PCTY revenue forecast at $86,303,136,776, and the highest PCTY revenue forecast at $89,201,502,361.

In 2026, PCTY is forecast to generate $98,503,460,812 in revenue, with the lowest revenue forecast at $95,420,170,010 and the highest revenue forecast at $100,899,080,364.

What is PCTY's forecast return on assets (ROA) for 2024-2027?

(NASDAQ: PCTY) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of N/A.

What is PCTY's Price Target?

According to 12 Wall Street analysts that have issued a 1 year PCTY price target, the average PCTY price target is $191.67, with the highest PCTY stock price forecast at $250.00 and the lowest PCTY stock price forecast at $155.00.

On average, Wall Street analysts predict that Paylocity Holding's share price could reach $191.67 by May 22, 2025. The average Paylocity Holding stock price prediction forecasts a potential upside of 34.82% from the current PCTY share price of $142.17.

What is PCTY's forecast return on equity (ROE) for 2024-2027?

(NASDAQ: PCTY) forecast ROE is N/A, which is considered weak.
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