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1 Comment
Paylocity Holding Corporation is currently in a long term uptrend where the price is trading 3.0% above its 200 day moving average.
From a valuation standpoint, the stock is 28.4% cheaper than other stocks from the Technology sector with a price to sales ratio of 18.1.
Paylocity Holding Corporation's total revenue rose by 10.5% to $146M since the same quarter in the previous year.
Its net income has increased by 76.4% to $10M since the same quarter in the previous year.
Finally, its free cash flow fell by 42.9% to $10M since the same quarter in the previous year.
Based on the above factors, Paylocity Holding Corporation gets an overall score of 4/5.
ISIN | US70438V1061 |
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Exchange | NASDAQ |
Sector | Technology |
Industry | Software - Application |
CurrencyCode | USD |
Beta | 0.55 |
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PE Ratio | 42.78 |
Target Price | 220.5263 |
Market Cap | 9B |
Dividend Yield | None |
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. The company offers payroll solutions comprising payroll and tax services, global payroll, on-demand payment, and garnishments; human resources (HR) solutions consisting of human resources, employee self-service, workflows and documents, HR compliance dashboard, and HR edge; time and attendance, scheduling, and time collection; time and labor solutions, including time and attendance, scheduling, and time collection; and talent solutions, such as recruiting, onboarding, market pay, learning, performance, and compensation. It also provides benefits solutions comprising benefit enrollment and updates, and third-party administrative solutions; employee experiences consisting of community, video, employee voice, recognition and rewards, modern workforce index, data insights, and reporting; and Paylocity for finance solutions, such as headcount planning, expense management, accounts payable automation, corporate cards, and guided procurement. In addition, the company offers implementation and training, client services, and tax and regulatory services. It serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. The company also sells its products through sales representatives. Paylocity Holding Corporation was founded in 1997 and is headquartered in Schaumburg, Illinois.
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