• Consensus Rating: Moderate Buy
  • Consensus Price Target: $205.71
  • Forecasted Upside: 4.51%
  • Number of Analysts: 14
  • Breakdown:
  • 0 Sell Ratings
  • 3 Hold Ratings
  • 11 Buy Ratings
  • 0 Strong Buy Ratings
$196.83
▲ +0.63 (0.32%)

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

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1 month | 3 months | 12 months
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Analyst Price Target for PCTY

Analyst Price Target is $205.71
▲ +4.51% Upside Potential
This price target is based on 14 analysts offering 12 month price targets for Paylocity in the last 3 months. The average price target is $205.71, with a high forecast of $250.00 and a low forecast of $155.00. The average price target represents a 4.51% upside from the last price of $196.83.

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 14 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
  • 3 hold ratings
  • 0 sell ratings
6/30/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 4 hold ratings
  • 0 sell ratings
9/28/2023
  • 0 strong buy ratings
  • 8 buy ratings
  • 6 hold ratings
  • 0 sell ratings
12/27/2023
  • 0 strong buy ratings
  • 9 buy ratings
  • 7 hold ratings
  • 0 sell ratings
3/26/2024
  • 0 strong buy ratings
  • 10 buy ratings
  • 7 hold ratings
  • 0 sell ratings
6/24/2024
  • 0 strong buy ratings
  • 9 buy ratings
  • 6 hold ratings
  • 0 sell ratings
9/22/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
11/21/2024
  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 11 buy ratings
  • 3 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/13/2024MizuhoBoost TargetNeutral ➝ Neutral$180.00 ➝ $200.00
12/9/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$215.00 ➝ $240.00
12/9/2024TD CowenBoost TargetBuy ➝ Buy$208.00 ➝ $235.00
11/4/2024MizuhoBoost TargetNeutral ➝ Neutral$175.00 ➝ $180.00
11/1/2024Truist FinancialBoost TargetBuy ➝ Buy$195.00 ➝ $210.00
10/31/2024KeyCorpBoost TargetOverweight ➝ Overweight$187.00 ➝ $210.00
10/31/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$174.00 ➝ $180.00
10/31/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$200.00 ➝ $215.00
10/31/2024BMO Capital MarketsBoost TargetOutperform ➝ Outperform$175.00 ➝ $203.00
10/31/2024Piper SandlerBoost TargetOverweight ➝ Overweight$172.00 ➝ $212.00
10/31/2024Needham & Company LLCBoost TargetBuy ➝ Buy$200.00 ➝ $220.00
10/25/2024KeyCorpBoost TargetOverweight ➝ Overweight$182.00 ➝ $187.00
10/22/2024Jefferies Financial GroupUpgradeHold ➝ Buy$145.00 ➝ $200.00
10/17/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00 ➝ $200.00
10/14/2024MizuhoBoost TargetNeutral ➝ Neutral$155.00 ➝ $175.00
10/11/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$156.00 ➝ $174.00
10/2/2024KeyCorpBoost TargetOverweight ➝ Overweight$171.00 ➝ $182.00
9/5/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00 ➝ $200.00
8/5/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$160.00 ➝ $156.00
8/5/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$250.00 ➝ $250.00
8/2/2024BTIG ResearchLower TargetBuy ➝ Buy$200.00 ➝ $185.00
8/2/2024Piper SandlerLower TargetOverweight ➝ Overweight$194.00 ➝ $172.00
8/2/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00 ➝ $200.00
7/31/2024Truist FinancialLower TargetBuy ➝ Buy$200.00 ➝ $195.00
7/19/2024KeyCorpLower TargetOverweight ➝ Overweight$200.00 ➝ $171.00
7/16/2024BarclaysLower TargetEqual Weight ➝ Equal Weight$178.00 ➝ $160.00
6/24/2024Jefferies Financial GroupLower TargetHold ➝ Hold$180.00 ➝ $145.00
6/20/2024TD CowenLower TargetBuy ➝ Buy$180.00 ➝ $153.00
6/18/2024CitigroupLower TargetNeutral ➝ Neutral$178.00 ➝ $155.00
6/18/2024Robert W. BairdLower TargetOutperform ➝ Outperform$225.00 ➝ $195.00
6/5/2024Stifel NicolausLower TargetBuy ➝ Buy$205.00 ➝ $185.00
5/22/2024CitigroupBoost TargetNeutral ➝ Neutral$176.00 ➝ $178.00
5/3/2024KeyCorpBoost TargetOverweight ➝ Overweight$186.00 ➝ $200.00
5/3/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00
5/3/2024TD CowenLower TargetBuy ➝ Buy$188.00 ➝ $180.00
5/3/2024BarclaysBoost TargetEqual Weight ➝ Equal Weight$166.00 ➝ $178.00
5/3/2024Piper SandlerLower TargetOverweight ➝ Overweight$210.00 ➝ $194.00
2/9/2024Truist FinancialLower TargetBuy ➝ Buy$250.00 ➝ $200.00
2/9/2024KeyCorpLower TargetOverweight ➝ Overweight$197.00 ➝ $186.00
2/9/2024MizuhoLower TargetNeutral ➝ Neutral$170.00 ➝ $155.00
2/9/2024Piper SandlerBoost TargetOverweight ➝ Overweight$207.00 ➝ $210.00
2/9/2024Needham & Company LLCReiterated RatingBuy ➝ Buy$200.00
2/6/2024BTIG ResearchInitiated CoverageBuy$200.00
1/31/2024CitigroupBoost TargetNeutral ➝ Neutral$180.00 ➝ $182.00
1/22/2024JMP SecuritiesReiterated RatingMarket Outperform ➝ Market Outperform$250.00
1/5/2024Jefferies Financial GroupReiterated RatingBuy ➝ Hold$240.00 ➝ $180.00
12/11/2023TD CowenLower TargetOutperform ➝ Outperform$195.00 ➝ $185.00
11/7/2023UBS GroupInitiated CoverageNeutral$160.00
11/3/2023MizuhoLower TargetNeutral ➝ Neutral$225.00 ➝ $170.00
11/3/2023JMP SecuritiesLower TargetMarket Outperform ➝ Market Outperform$320.00 ➝ $250.00
11/3/2023Piper SandlerLower TargetOverweight ➝ Overweight$249.00 ➝ $207.00
11/3/2023KeyCorpLower TargetOverweight ➝ Overweight$255.00 ➝ $197.00
11/3/2023Needham & Company LLCLower TargetBuy ➝ Buy$325.00 ➝ $200.00
10/26/2023Bank of AmericaInitiated CoverageNeutral$210.00
10/24/2023CitigroupLower TargetNeutral ➝ Neutral$236.00 ➝ $234.00
10/12/2023Piper SandlerReiterated RatingOverweight ➝ Overweight$249.00
10/12/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$213.00 ➝ $223.00
8/23/2023MizuhoReiterated RatingNeutral ➝ Neutral$225.00
8/4/2023TD CowenBoost TargetOutperform ➝ Outperform$253.00 ➝ $260.00
8/4/2023BMO Capital MarketsBoost TargetOutperform ➝ Outperform$230.00 ➝ $246.00
8/4/2023BarclaysBoost TargetEqual Weight ➝ Equal Weight$204.00 ➝ $213.00
8/4/2023Credit Suisse GroupReiterated RatingNeutral ➝ Neutral$215.00
8/4/2023Piper SandlerBoost TargetOverweight ➝ Overweight$245.00 ➝ $249.00
8/4/2023Needham & Company LLCReiterated RatingBuy ➝ Buy$325.00
7/24/2023MizuhoBoost TargetNeutral$200.00 ➝ $225.00
7/21/2023CitigroupBoost TargetNeutral$219.00 ➝ $253.00
7/19/2023BarclaysBoost Target$199.00 ➝ $204.00
6/21/2023CitigroupBoost Target$211.00 ➝ $219.00
5/30/2023BarclaysInitiated CoverageEqual Weight$199.00
5/5/2023Truist FinancialLower Target$285.00 ➝ $250.00
5/5/2023Robert W. BairdLower Target$311.00 ➝ $280.00
5/5/2023Piper SandlerLower Target$297.00 ➝ $245.00
5/5/2023MizuhoLower Target$230.00 ➝ $200.00
3/30/2023DA DavidsonUpgradeNeutral ➝ Buy$245.00
2/13/2023Needham & Company LLCReiterated RatingBuy$325.00
2/3/2023JMP SecuritiesReiterated RatingMarket Outperform$320.00
2/3/2023CowenBoost TargetOutperform$231.00 ➝ $265.00
2/3/2023Robert W. BairdBoost Target$305.00 ➝ $311.00
2/3/2023Piper SandlerBoost TargetOverweight$276.00 ➝ $297.00
2/3/2023KeyCorpBoost TargetOverweight$295.00 ➝ $305.00
2/3/2023Needham & Company LLCReiterated RatingBuy$325.00
11/4/2022Piper SandlerBoost TargetOverweight$269.00 ➝ $276.00
11/4/2022KeyCorpLower TargetOverweight$310.00 ➝ $295.00
10/28/2022DA DavidsonDowngradeBuy ➝ Neutral$250.00
10/21/2022CitigroupLower Target$294.00 ➝ $255.00
9/1/2022CitigroupInitiated CoverageNeutral$294.00
8/15/2022KeyCorpBoost TargetOverweight$285.00 ➝ $310.00
8/9/2022DA DavidsonBoost Target$270.00
8/9/2022Credit Suisse GroupBoost Target$240.00
8/8/2022Wolfe ResearchBoost TargetOutperform$220.00 ➝ $290.00
8/5/2022CowenBoost Target$240.00 ➝ $265.00
8/5/2022CowenBoost Target$240.00 ➝ $265.00
8/5/2022Robert W. BairdBoost TargetOutperform$274.00 ➝ $305.00
8/5/2022KeyCorpBoost TargetOverweight$205.00 ➝ $285.00
8/5/2022MizuhoBoost TargetNeutral$185.00 ➝ $230.00
8/5/2022Raymond JamesBoost Target$245.00 ➝ $265.00
8/5/2022Piper SandlerBoost TargetOverweight$195.00 ➝ $269.00
7/18/2022Piper SandlerLower TargetOverweight$232.00 ➝ $195.00
6/23/2022KeyCorpLower TargetOverweight$225.00 ➝ $205.00
5/23/2022Jefferies Financial GroupLower Target$255.00 ➝ $200.00
5/6/2022CowenLower Target$265.00 ➝ $240.00
5/6/2022CowenLower Target$265.00 ➝ $240.00
4/22/2022Wolfe ResearchUpgradeMarket Perform ➝ Outperform$220.00 ➝ $240.00
3/23/2022Credit Suisse GroupInitiated CoverageNeutral$225.00
2/28/2022Jefferies Financial GroupUpgradeHold ➝ Buy$255.00
2/4/2022Truist FinancialLower Target$320.00 ➝ $260.00
2/4/2022Raymond JamesLower TargetOutperform$355.00 ➝ $245.00
2/4/2022Robert W. BairdLower Target$301.00 ➝ $274.00
2/4/2022Piper SandlerUpgradeNeutral ➝ Overweight$244.00 ➝ $249.00
2/1/2022CitigroupInitiated CoverageBuy$230.00
2/1/2022BMO Capital MarketsInitiated CoverageOutperform$230.00
1/28/2022MizuhoLower Target$250.00 ➝ $185.00
1/25/2022KeyCorpLower TargetOverweight$325.00 ➝ $225.00
1/13/2022Piper SandlerLower TargetNeutral$244.00
11/8/2021KeyCorpBoost TargetOverweight$255.00 ➝ $325.00
11/5/2021Raymond JamesBoost TargetOutperform$270.00 ➝ $355.00
11/5/2021CowenBoost TargetOutperform$300.00 ➝ $330.00
11/5/2021JMP SecuritiesBoost TargetMarket Outperform$310.00 ➝ $320.00
11/5/2021MizuhoBoost TargetNeutral$280.00 ➝ $300.00
11/5/2021Piper SandlerBoost TargetNeutral$230.00 ➝ $274.00
10/21/2021Needham & Company LLCReiterated RatingBuy$326.00
10/21/2021MizuhoBoost TargetNeutral$220.00 ➝ $280.00
10/19/2021JMP SecuritiesBoost TargetPositive ➝ Outperform$272.00 ➝ $310.00
10/18/2021CowenBoost TargetOutperform$285.00 ➝ $300.00
10/13/2021DA DavidsonInitiated CoverageBuy$315.00
8/9/2021KeyCorpBoost TargetOverweight$220.00 ➝ $255.00
8/9/2021MizuhoBoost TargetNeutral$175.00 ➝ $220.00
8/6/2021Piper SandlerBoost TargetNeutral$184.00 ➝ $230.00
8/6/2021Wolfe ResearchBoost TargetPeer Perform$180.00 ➝ $230.00
8/6/2021Raymond JamesBoost TargetOutperform$205.00 ➝ $270.00
8/6/2021William BlairReiterated RatingBuy
8/6/2021JMP SecuritiesBoost TargetOutperform$220.00 ➝ $272.00
7/26/2021CitigroupReiterated RatingNeutral$194.00 ➝ $203.71
5/10/2021KeyCorpLower TargetOverweight$230.00 ➝ $220.00
5/7/2021Piper SandlerLower TargetNeutral$205.00 ➝ $184.00
5/7/2021Raymond JamesLower TargetOutperform$240.00 ➝ $205.00
4/22/2021Wolfe ResearchInitiated CoverageMarket Perform$200.00
2/5/2021CitigroupBoost TargetNeutral$210.00 ➝ $217.00
2/5/2021Raymond JamesBoost TargetOutperform$210.00 ➝ $240.00
1/26/2021JMP SecuritiesBoost TargetPositive ➝ Outperform$195.00 ➝ $220.00
12/22/2020Smith Barney CitigroupBoost Target$209.00 ➝ $210.00
12/16/2020MizuhoBoost TargetNeutral$160.00 ➝ $175.00
11/9/2020Truist FinancialBoost Target$155.00 ➝ $200.00
11/6/2020Jefferies Financial GroupBoost TargetHold$135.00 ➝ $185.00
11/6/2020Needham & Company LLCBoost TargetBuy$170.00 ➝ $220.00
11/6/2020Craig HallumDowngradeBuy ➝ Hold$156.00 ➝ $180.00
11/6/2020MizuhoBoost TargetNeutral$130.00 ➝ $160.00
11/6/2020Piper SandlerBoost TargetNeutral$178.00 ➝ $187.00
10/23/2020KeyCorpReiterated RatingOverweight
10/9/2020JMP SecuritiesBoost TargetMarket Outperform$140.00 ➝ $195.00
10/1/2020Stifel NicolausUpgradeHold ➝ Buy$195.00
9/17/2020Needham & Company LLCBoost TargetBuy$150.00 ➝ $170.00
9/16/2020CowenInitiated CoverageOutperform$165.00
8/7/2020Craig HallumBoost TargetOutperform ➝ Buy$136.00 ➝ $156.00
8/7/2020Piper SandlerLower TargetNeutral$136.00 ➝ $133.00
8/7/2020Needham & Company LLCBoost TargetBuy$140.00 ➝ $150.00
8/7/2020Jefferies Financial GroupBoost TargetHold$110.00 ➝ $135.00
6/18/2020Royal Bank of CanadaUpgradeSector Perform ➝ Outperform$120.00 ➝ $155.00
5/21/2020Piper SandlerInitiated CoverageNeutral$125.00
5/12/2020CitigroupBoost TargetNeutral$94.00 ➝ $124.00
5/8/2020Stifel NicolausBoost TargetHold$80.00 ➝ $93.00
5/8/2020Craig HallumBoost Target$125.00 ➝ $136.00
5/8/2020Raymond JamesLower TargetOutperform$165.00 ➝ $140.00
5/8/2020Royal Bank of CanadaBoost TargetSector Perform$100.00 ➝ $120.00
5/8/2020SunTrust BanksBoost TargetBuy$115.00 ➝ $133.00
5/8/2020Needham & Company LLCBoost TargetBuy$110.00 ➝ $140.00
5/8/2020Cantor FitzgeraldLower TargetOverweight$165.00 ➝ $146.00
5/8/2020MizuhoBoost TargetNeutral$80.00 ➝ $110.00
5/8/2020OppenheimerInitiated CoverageHold
4/15/2020Stifel NicolausDowngradeBuy ➝ Hold$155.00 ➝ $80.00
4/7/2020Needham & Company LLCReiterated RatingBuy$110.00
3/27/2020SunTrust BanksLower TargetBuy$162.00 ➝ $115.00
3/26/2020Royal Bank of CanadaLower TargetSector Perform$160.00 ➝ $100.00
3/23/2020Needham & Company LLCLower TargetBuy$170.00 ➝ $110.00
3/18/2020Craig HallumUpgradeHold ➝ Buy$145.00 ➝ $125.00
2/5/2020SunTrust BanksReiterated RatingBuy$162.00
2/5/2020Robert W. BairdBoost TargetOutperform$120.00 ➝ $155.00
2/5/2020Royal Bank of CanadaReiterated RatingSector Perform$160.00
2/5/2020Raymond JamesBoost TargetPositive ➝ Outperform$115.00 ➝ $165.00
2/5/2020Needham & Company LLCBoost TargetBuy$115.00 ➝ $170.00
2/5/2020KeyCorpBoost TargetOverweight$155.00 ➝ $163.00
2/5/2020Cantor FitzgeraldBoost TargetOverweight$119.00 ➝ $165.00
2/5/2020MizuhoBoost TargetNeutral$105.00 ➝ $130.00
2/5/2020Stifel NicolausBoost TargetBuy$125.00 ➝ $155.00
2/5/2020Jefferies Financial GroupBoost TargetHold$115.00 ➝ $130.00
1/29/2020CitigroupBoost TargetNeutral$132.00 ➝ $146.00
1/13/2020KeyCorpBoost TargetOverweight$124.00 ➝ $155.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.41 (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
  • 19 very positive mentions
  • 11 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2024
  • 17 very positive mentions
  • 3 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
6/24/2024
  • 12 very positive mentions
  • 4 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
7/24/2024
  • 20 very positive mentions
  • 14 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
8/23/2024
  • 18 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/22/2024
  • 24 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 1 very negative mentions
10/22/2024
  • 20 very positive mentions
  • 30 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/21/2024
  • 60 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 60 very positive mentions
  • 14 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Paylocity logo
Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection. It also provides human resources (HR) software solutions for employee self-service, compliance, HR edge, data analytics, and workflows and documents, as well as human resource management system; talent management system for recruiting, onboarding, performance, compensation, and learning; and benefits administration software. In addition, the company offers employee experience platform for community, employee voice, recognition and rewards, video, and modern workforce index; HR reporting software; and mobile HR solutions. 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. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.
Read More

Today's Range

Now: $196.83
Low: $194.55
High: $199.81

50 Day Range

MA: $195.46
Low: $168.22
High: $213.79

52 Week Range

Now: $196.83
Low: $129.94
High: $215.68

Volume

751,593 shs

Average Volume

490,341 shs

Market Capitalization

$10.97 billion

P/E Ratio

50.34

Dividend Yield

N/A

Beta

0.92

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, BTIG Research, Citigroup Inc., Jefferies Financial Group Inc., JMP Securities, KeyCorp, Mizuho, Needham & Company LLC, Piper Sandler, Robert W. Baird, Stifel Nicolaus, StockNews.com, TD Cowen, and Truist Financial Co..
View the latest analyst ratings for PCTY.

What is the current price target for Paylocity?

0 Wall Street analysts have set twelve-month price targets for Paylocity in the last year. Their average twelve-month price target is $205.71, suggesting a possible upside of 4.5%. JMP Securities has the highest price target set, predicting PCTY will reach $250.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $155.00 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 3 hold ratings and 11 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 Electronic Arts, Cloudflare, HubSpot, Roblox and Veeva Systems. 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.