WallStreetZenWallStreetZen

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

OverviewForecast
EarningsDividendOwnership

Analyst price target for PCTY

Based on 13 analysts offering 12 month price targets for Paylocity Holding Corp.
Min Forecast
$195.00-10.67%
Avg Forecast
$272.39+24.78%
Max Forecast
$325.00+48.88%

Should I buy or sell PCTY stock?

Based on 13 analysts offering ratings for Paylocity Holding Corp.
Buy
Strong Buy
3 analysts 23.08%
Buy
6 analysts 46.15%
Hold
4 analysts 30.77%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

Be the first to know when Wall Street analysts revise their PCTY stock forecasts and price targets.

PCTY stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JMP Securities
Bottom 4%
4
BuyReiterates$320.00+46.59%2023-02-03
Cowen & Co.
Top 17%
84
BuyMaintains$265.00+21.40%2023-02-03
Needham
Top 27%
74
BuyReiterates$325.00+48.88%2023-02-03
KeyBanc
Bottom 5%
5
Strong BuyMaintains$305.00+39.72%2023-02-03
Piper Sandler
Bottom 1%
1
Strong BuyMaintains$297.00+36.06%2023-02-03
DA Davidson
Bottom 29%
29
HoldDowngrades$250.00+14.53%2022-10-28
Citigroup
Top 19%
82
HoldInitiates Coverage On$294.00+34.68%2022-09-01
Wolfe Research
Bottom 10%
10
BuyMaintains$290.00+32.85%2022-08-08
Raymond James
Bottom 1%
1
BuyMaintains$265.00+21.40%2022-08-05
Baird
Top 14%
87
BuyMaintains$305.00+39.72%2022-08-05

1 of 2

Forecast return on equity

Is PCTY forecast to generate an efficient return?
Company
N/A
Industry
0.42%
Market
13.26%

Forecast return on assets

Is PCTY forecast to generate an efficient return on assets?
Company
N/A
Industry
0.18%

PCTY earnings per share forecast

What is PCTY's earnings per share in the next 2 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.97+13.87%
Avg 2 year Forecast
$2.63+52.02%
PCTY's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

PCTY revenue forecast

What is PCTY's revenue in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$1.1B+8.9%
Avg 2 year Forecast
$1.3B+33.14%
Avg 3 year Forecast
$1.3B+26.8%
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
23.89%
Industry
59.9%
Market
21.89%
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
13.14%
Industry
21.34%
Market
9.2%
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$218.29$272.39+24.78%Buy
BSY$40.91$43.57+6.50%Strong Buy
DOCU$62.95$60.93-3.21%Hold
ZI$28.72$42.53+48.08%Strong Buy
CDAY$74.01$70.50-4.74%Buy
View Top App Stocks

Paylocity Holding Stock Forecast FAQ

Is Paylocity Holding Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 13 Wall Street analysts covering (NASDAQ: PCTY) stock is to Buy PCTY stock.

Out of 13 analysts, 3 (23.08%) are recommending PCTY as a Strong Buy, 6 (46.15%) are recommending PCTY as a Buy, 4 (30.77%) 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 earnings growth forecast for 2023-2024?

(NASDAQ: PCTY) Paylocity Holding's forecast annual earnings growth rate of 23.89% is not forecast to beat the US Software - Application industry's average forecast earnings growth rate of 59.9%, and while it is forecast to beat the US market's average forecast earnings growth rate of 21.89%.

Paylocity Holding's earnings in 2023 is $95,944,000.On average, 8 Wall Street analysts forecast PCTY's earnings for 2023 to be $109,866,344, with the lowest PCTY earnings forecast at $93,135,429, and the highest PCTY earnings forecast at $141,097,387.

In 2024, PCTY is forecast to generate $146,674,358 in earnings, with the lowest earnings forecast at $112,654,830 and the highest earnings forecast at $189,617,041.

What is PCTY's revenue growth forecast for 2023-2025?

(NASDAQ: PCTY) Paylocity Holding's forecast annual revenue growth rate of 13.14% is not forecast to beat the US Software - Application industry's average forecast revenue growth rate of 21.34%, and while it is forecast to beat the US market's average forecast revenue growth rate of 9.2%.

Paylocity Holding's revenue in 2023 is $1,001,205,000.On average, 8 Wall Street analysts forecast PCTY's revenue for 2023 to be $60,804,385,062, with the lowest PCTY revenue forecast at $60,760,550,064, and the highest PCTY revenue forecast at $60,850,339,310. On average, 7 Wall Street analysts forecast PCTY's revenue for 2024 to be $74,340,922,555, with the lowest PCTY revenue forecast at $73,418,379,879, and the highest PCTY revenue forecast at $76,120,088,098.

In 2025, PCTY is forecast to generate $70,800,772,395 in revenue, with the lowest revenue forecast at $70,800,772,395 and the highest revenue forecast at $70,800,772,395.

What is PCTY's forecast return on assets (ROA) for 2023-2026?

(NASDAQ: PCTY) forecast ROA is N/A, which is lower than the forecast US Software - Application industry average of 0.18%.

What is PCTY's Price Target?

According to 13 Wall Street analysts that have issued a 1 year PCTY price target, the average PCTY price target is $272.39, with the highest PCTY stock price forecast at $325.00 and the lowest PCTY stock price forecast at $195.00.

On average, Wall Street analysts predict that Paylocity Holding's share price could reach $272.39 by Feb 3, 2024. The average Paylocity Holding stock price prediction forecasts a potential upside of 24.78% from the current PCTY share price of $218.29.

What is PCTY's Earnings Per Share (EPS) forecast for 2023-2024?

(NASDAQ: PCTY) Paylocity Holding's current Earnings Per Share (EPS) is $1.73. On average, analysts forecast that PCTY's EPS will be $1.97 for 2023, with the lowest EPS forecast at $1.67, and the highest EPS forecast at $2.53. In 2024, PCTY's EPS is forecast to hit $2.63 (min: $2.02, max: $3.40).

What is PCTY's forecast return on equity (ROE) for 2023-2026?

(NASDAQ: PCTY) forecast ROE is N/A, which is considered weak.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.