Overview
Paylocity Holding Corporation is a prominent player in the United States payroll and human resource technology industry. This company specializes in cloud-based HR and payroll software solutions, primarily serving small and mid-sized businesses across various sectors. Paylocity provides a comprehensive suite of software services including payroll processing, human capital management, time and labor management, and benefits administration, which neatly integrate with other essential business applications. As an innovator in its field, Paylocity often emphasizes leveraging advanced technologies such as artificial intelligence and machine learning to enhance user experience and improve the efficiency of HR operations, positioning itself as a forward-thinking leader in cloud-based workforce solutions.
Basic Stats
The share price of Paylocity Holding Corporation as of September 5, 2025 is $174.26 / share. This is a decrease of -2.77% from the prior week. The market cap (or net worth) of Paylocity Holding Corporation as of September 5, 2025 is $9,648.08 MM.
The Factor Analysis chart (below right) shows a view of Paylocity Holding Corporation from a variety of lenses. Each factor shows how well the company ranks against all other companies in the Fintel global investing universe. Factor scores range from zero to 100, with 100 being most desirable, and 50 being average.
For example, a company with a Value Score of 100 would be the most undervalued company in our database. A company with a Value Score of zero would be the most overvalued.
| Market Cap | 9,648.08 MM |
| EV | 9,412.51 MM |
| Shares Out. | 55.37 MM |
| Earnings Date | |
| EPS (TTM) | 4.10 |
| Dividend Yield | |
| Ex-Dividend Date | |
| Borrow Rate | 0.25 |
| Short Shares Avail. | 1.10 MM |
| Short Interest | 1.20 MM |
| Short Float | 2.70 % |
| Days to Cover | 3.03 days |
| Risk Free Rate | 4.22 % |
| Price Change (1 yr) | 12.19 % |
| Volatility (1 yr) | 0.30 |
| Beta | 1.00 |
| Sharpe Ratio (1 yr) | 0.26 |
| Sortino Ratio (1 yr) | 0.47 |
| PE Ratio | 42.48 |
| Price/Book | 7.82 |
| Price/TBV | 14.49 |
| Book/Market | 0.13 |
| EBIT/EV | 0.03 |
| EBIT(3yr avg)/EV | 0.03 |
| ROA | 0.05 |
| ROE | 0.22 |
| ROIC | 0.16 |
| CROIC | -0.25 |
| OCROIC | 0.29 |
| Implied Volatility | 29.69 % |
| Put/Call OI Ratio | 0.88 |
Factor Scores range from 0 to 100, with 100 being most desirable. Larger circles are better. In situations where we have no data (e.g. no insider trades), we plot the score at 50 to avoid penalizing companies. However, a company that does not pay dividends will get a Dividend Score of Zero. Additionally, we inverted volatility to create a "stability" metric which is better when higher.
Price Target
The average one-year price target for Paylocity Holding Corporation is $227.83. The forecasts range from a low of $196.95 to a high of $283.50. A stock’s price target is the price at which analysts consider it fairly valued with respect to its projected earnings and historical earnings. Analysts typically set price targets that correspond to their buy or sell recommendations.
Update Frequency: Monthly
Stock Upgrades/Downgrades
This card shows analyst upgrades/downgrades for Paylocity Holding Corporation. An analyst rating is a classification that gives investors a sense of analyst sentiment about the direction and performance of an equity - usually a stock - over a period of time, typically 12 months.
The standard analyst ratings are generally as follows:
- Buy/Overweight/Outperform - Any of these ratings conveys an analyst’s belief that the stock is likely to outperform a market index (e.g. the S&P 500).
- Hold/Equal-Weight/Market Perform - Any of these ratings conveys an analyst’s belief that the stock is likely to perform in line with a market index.
- Sell/Underweight/Underperform - Any of these ratings suggest that an analyst believes the stock is likely to underperform a market index.
When an analyst upgrades a stock, they are signaling that the company’s fundamentals are being undervalued by investors. It could also mean they believe the market is underestimating the company’s potential. The opposite is true when a stock receives a downgrade.
The average rating of each individual analyst’s rating is the consensus rating for a stock. This gives investors a broader sense of the overall sentiment for that stock.
| Date | Analyst | Prior | Latest Recommendation |
Action |
|---|---|---|---|---|
| 2022-11-04 | Piper Sandler | Overweight | Maintains | |
| 2022-11-04 | Keybanc | Overweight | Maintains | |
| 2022-10-28 | DA Davidson | Buy | Neutral | Downgrade |
| 2022-09-01 | Citigroup | Neutral | Initiate | |
| 2022-08-15 | Keybanc | Overweight | Maintains | |
| 2022-08-08 | Wolfe Research | Outperform | Maintains | |
| 2022-08-05 | Raymond James | Outperform | Maintains | |
| 2022-08-05 | Piper Sandler | Overweight | Maintains | |
| 2022-08-05 | Mizuho | Neutral | Maintains | |
| 2022-08-05 | Keybanc | Overweight | Maintains | |
| 2022-08-05 | Baird | Outperform | Maintains | |
| 2022-07-18 | Piper Sandler | Overweight | Maintains | |
| 2022-06-23 | Keybanc | Overweight | Maintains | |
| 2022-05-23 | Jefferies | Buy | Maintains | |
| 2022-05-06 | Piper Sandler | Overweight | Maintains | |
| 2022-05-06 | Credit Suisse | Neutral | Maintains | |
| 2022-03-23 | Credit Suisse | Neutral | Initiate | |
| 2022-02-28 | Jefferies | Hold | Buy | Upgrade |
| 2022-02-04 | Raymond James | Outperform | Maintains | |
| 2022-02-04 | Piper Sandler | Neutral | Overweight | Upgrade |
| 2022-02-01 | BMO Capital | Outperform | Initiate | |
| 2022-01-25 | Keybanc | Overweight | Maintains | |
| 2022-01-13 | Piper Sandler | Neutral | Maintains | |
| 2021-11-08 | Keybanc | Overweight | Maintains | |
| 2021-11-05 | Raymond James | Outperform | Maintains | |
| 2021-11-05 | Piper Sandler | Neutral | Maintains | |
| 2021-11-05 | Mizuho | Neutral | Maintains | |
| 2021-11-05 | JMP Securities | Market Outperform | Maintains | |
| 2021-10-19 | JMP Securities | Market Outperform | Maintains | |
| 2021-10-13 | DA Davidson | Buy | Initiate | |
| 2021-08-09 | Mizuho | Neutral | Maintains | |
| 2021-08-09 | Keybanc | Overweight | Maintains | |
| 2021-08-06 | Wolfe Research | Peer Perform | Maintains | |
| 2021-08-06 | Raymond James | Outperform | Maintains | |
| 2021-08-06 | Piper Sandler | Neutral | Maintains | |
| 2021-08-06 | JMP Securities | Market Outperform | Maintains | |
| 2021-05-10 | Keybanc | Overweight | Maintains | |
| 2021-05-07 | Raymond James | Outperform | Maintains | |
| 2021-05-07 | Piper Sandler | Neutral | Maintains | |
| 2021-04-23 | Wolfe Research | Peer Perform | Initiate | |
| 2021-02-05 | Raymond James | Outperform | Maintains | |
| 2021-02-05 | Citigroup | Neutral | Maintains | |
| 2021-01-26 | JMP Securities | Market Outperform | Maintains | |
| 2020-11-06 | Piper Sandler | Neutral | Maintains | |
| 2020-11-06 | Needham | Buy | Maintains | |
| 2020-10-23 | KeyBanc | Overweight | Reiterate | |
| 2020-10-09 | JMP Securities | Market Outperform | Maintains | |
| 2020-10-02 | Stifel | Hold | Buy | Upgrade |
| 2020-09-17 | Needham | Buy | Maintains | |
| 2020-09-16 | Cowen & Co. | Outperform | Initiate | |
| 2020-08-07 | Piper Sandler | Neutral | Maintains | |
| 2020-08-07 | Needham | Buy | Maintains | |
| 2020-06-18 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2020-05-22 | Piper Sandler | Neutral | Initiate | |
| 2020-05-12 | Citigroup | Neutral | Maintains | |
| 2020-05-08 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2020-05-08 | Stifel | Hold | Maintains | |
| 2020-05-08 | RBC Capital | Sector Perform | Maintains | |
| 2020-05-08 | Raymond James | Outperform | Maintains | |
| 2020-05-08 | Needham | Buy | Maintains | |
| 2020-05-08 | Cantor Fitzgerald | Overweight | Maintains | |
| 2020-04-16 | Stifel | Buy | Hold | Downgrade |
| 2020-03-23 | Needham | Buy | Maintains | |
| 2020-02-05 | Stifel | Buy | Maintains | |
| 2020-02-05 | Needham | Buy | Maintains | |
| 2020-02-05 | Mizuho | Neutral | Maintains | |
| 2020-02-05 | KeyBanc | Overweight | Maintains | |
| 2020-02-05 | Cantor Fitzgerald | Overweight | Maintains | |
| 2020-02-05 | Baird | Outperform | Maintains | |
| 2020-01-29 | Citigroup | Neutral | Maintains | |
| 2020-01-13 | KeyBanc | Overweight | Maintains | |
| 2019-11-25 | KeyBanc | Overweight | Maintains | |
| 2019-10-25 | Citi | Neutral | Initiate | |
| 2019-08-22 | Mizuho | Neutral | Initiate | |
| 2019-08-09 | SunTrust Robinson Humphrey | Buy | Maintains | |
| 2019-07-29 | KeyBanc | Overweight | Maintains | |
| 2019-06-20 | KeyBanc | Overweight | Maintains | |
| 2019-06-19 | Cantor Fitzgerald | Overweight | Initiate | |
| 2019-05-17 | Raymond James | Outperform | Maintains | |
| 2019-04-17 | KeyBanc | Overweight | Initiate | |
| 2019-02-07 | Raymond James | Outperform | Outperform | Reiterate |
| 2019-02-07 | Bank of America | Buy | Buy | Reiterate |
| 2018-11-02 | Bank of America | Buy | Buy | Maintains |
| 2018-11-02 | Baird | Outperform | Outperform | Maintains |
| 2018-10-02 | Jefferies | Hold | Initiate | |
| 2018-09-26 | Bank of America | Buy | Buy | Maintains |
| 2018-08-21 | Guggenheim | Buy | Initiate | |
| 2018-08-10 | Wells Fargo | Market Perform | Market Perform | Maintains |
| 2018-08-10 | RBC Capital | Sector Perform | Sector Perform | Maintains |
| 2018-05-07 | Baird | Outperform | Outperform | Maintains |
| 2018-05-04 | Stifel Nicolaus | Buy | Buy | Maintains |
| 2018-04-23 | RBC Capital | Outperform | Sector Perform | Downgrade |
| 2018-03-12 | SunTrust Robinson Humphrey | Hold | Buy | Upgrade |
| 2017-12-19 | Dougherty | Neutral | Initiate | |
| 2017-11-03 | Baird | Outperform | Maintains | |
| 2017-10-24 | Bank of America | Buy | Maintains | |
| 2017-08-09 | Raymond James | Outperform | Maintains | |
| 2017-06-26 | SunTrust Robinson Humphrey | Hold | Initiate | |
| 2017-05-12 | Wells Fargo | Outperform | Initiate | |
| 2017-03-28 | RBC Capital | Sector Perform | Outperform | Upgrade |
| 2017-03-03 | Mizuho | Neutral | Initiate | |
| 2017-02-03 | Bank of America | Underperform | Buy | Upgrade |
| 2016-12-02 | Oppenheimer | Perform | Initiate | |
| 2016-11-04 | Craig-Hallum | Buy | Hold | Downgrade |
| 2016-09-30 | RBC Capital | Sell | Initiate | |
| 2016-09-19 | Pacific Crest | Sector Weight | Initiate | |
| 2016-08-10 | JMP Securities | Market Outperform | Maintains | |
| 2016-08-10 | Deutsche Bank | Buy | Maintains | |
| 2016-07-08 | First Analysis | Overweight | Equal-Weight | Downgrade |
| 2016-04-19 | UBS | Neutral | Initiate | |
| 2016-03-08 | Craig-Hallum | Buy | Initiate | |
| 2016-01-26 | Bank of America | Neutral | Underperform | Downgrade |
| 2016-01-06 | Baird | Outperform | Initiate | |
| 2015-11-06 | Deutsche Bank | Buy | Maintains | |
| 2015-09-29 | Stifel Nicolaus | Buy | Initiate | |
| 2015-08-14 | JMP Securities | Market Outperform | Maintains | |
| 2015-06-01 | Raymond James | Strong Buy | Outperform | Downgrade |
| 2015-05-08 | JMP Securities | Market Outperform | Maintains | |
| 2015-05-08 | Deutsche Bank | Buy | Maintains | |
| 2015-04-09 | Bank of America | Buy | Neutral | Downgrade |
| 2014-11-07 | Bank of America | Buy | Maintains | |
| 2014-10-07 | Northland Securities | Outperform | Initiate | |
| 2014-08-15 | Raymond James | Strong Buy | Maintains | |
| 2014-08-15 | JMP Securities | Market Outperform | Maintains | |
| 2014-08-15 | Deutsche Bank | Buy | Maintains | |
| 2014-05-09 | Raymond James | Strong Buy | Maintains | |
| 2014-05-09 | Bank of America | Neutral | Buy | Upgrade |
| 2014-04-14 | William Blair | Outperform | Initiate | |
| 2014-04-14 | Raymond James | Strong Buy | Initiate | |
| 2014-04-14 | Needham | Buy | Initiate | |
| 2014-04-14 | JMP Securities | Market Outperform | Initiate | |
| 2014-04-14 | Deutsche Bank | Buy | Initiate | |
| 2014-04-14 | Bank of America | Neutral | Initiate | |
| 2023-02-03 | JMP Securities | Market Outperform | Reiterate | |
| 2023-02-03 | Cowen & Co. | Outperform | Maintains | |
| 2023-02-03 | Needham | Buy | Reiterate | |
| 2023-02-03 | Keybanc | Overweight | Maintains | |
| 2023-02-03 | Piper Sandler | Overweight | Maintains | |
| 2023-02-13 | Needham | Buy | Reiterate | |
| 2023-03-30 | DA Davidson | Neutral | Buy | Upgrade |
| 2023-04-28 | Piper Sandler | Overweight | Reiterate | |
| 2023-05-05 | JMP Securities | Market Outperform | Reiterate | |
| 2023-05-05 | Credit Suisse | Neutral | Maintains | |
| 2023-05-05 | Mizuho | Neutral | Maintains | |
| 2023-05-05 | Keybanc | Overweight | Maintains | |
| 2023-05-05 | Piper Sandler | Overweight | Maintains | |
| 2023-05-08 | Citigroup | Neutral | Maintains | |
| 2023-05-30 | Barclays | Equal-Weight | Initiate | |
| 2023-08-23 | Mizuho | Neutral | Neutral | Reiterate |
| 2023-07-19 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2023-12-11 | TD Cowen | Outperform | Outperform | Maintains |
| 2023-08-04 | Credit Suisse | Neutral | Neutral | Reiterate |
| 2023-08-04 | Needham | Buy | Buy | Reiterate |
| 2023-08-04 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-10-12 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2023-06-22 | Citigroup | Neutral | Neutral | Maintains |
| 2024-02-09 | Truist Securities | Buy | Buy | Maintains |
| 2023-11-03 | Keybanc | Overweight | Overweight | Maintains |
| 2023-11-03 | Needham | Buy | Buy | Maintains |
| 2023-11-03 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-07-21 | Citigroup | Neutral | Neutral | Maintains |
| 2023-08-04 | TD Cowen | Outperform | Outperform | Maintains |
| 2023-08-04 | BMO Capital | Outperform | Outperform | Maintains |
| 2023-11-07 | UBS | Neutral | Initiate | |
| 2024-05-03 | TD Cowen | Buy | Buy | Maintains |
| 2024-05-03 | Keybanc | Overweight | Overweight | Maintains |
| 2024-05-03 | Needham | Buy | Buy | Reiterate |
| 2024-05-03 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-05-03 | Piper Sandler | Overweight | Overweight | Maintains |
| 2023-10-12 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-01-31 | Citigroup | Neutral | Neutral | Maintains |
| 2023-10-24 | Citigroup | Neutral | Neutral | Maintains |
| 2023-11-03 | Mizuho | Neutral | Neutral | Maintains |
| 2023-11-03 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2024-01-22 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2023-08-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2023-07-24 | Mizuho | Neutral | Neutral | Maintains |
| 2024-02-09 | Keybanc | Overweight | Overweight | Maintains |
| 2024-02-09 | Mizuho | Neutral | Neutral | Maintains |
| 2024-02-09 | Needham | Buy | Buy | Reiterate |
| 2024-02-09 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-06-05 | Stifel | Buy | Buy | Maintains |
| 2024-01-05 | Jefferies | Buy | Hold | Downgrade |
| 2024-05-22 | Citigroup | Neutral | Neutral | Maintains |
| 2024-02-06 | BTIG | Buy | Initiate | |
| 2024-06-24 | Jefferies | Hold | Hold | Maintains |
| 2024-06-18 | Citigroup | Neutral | Neutral | Maintains |
| 2024-06-18 | Baird | Outperform | Outperform | Maintains |
| 2024-06-20 | TD Cowen | Buy | Buy | Maintains |
| 2024-07-16 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-01-15 | Needham | Buy | Buy | Reiterate |
| 2024-08-02 | Needham | Buy | Buy | Reiterate |
| 2024-10-11 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-07-19 | Keybanc | Overweight | Overweight | Maintains |
| 2025-02-06 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2024-08-05 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-08-05 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-10-17 | Needham | Buy | Buy | Reiterate |
| 2025-04-29 | Citigroup | Buy | Buy | Maintains |
| 2025-04-29 | JMP Securities | Market Outperform | Market Outperform | Reiterate |
| 2024-10-25 | Keybanc | Overweight | Overweight | Maintains |
| 2024-10-02 | Keybanc | Overweight | Overweight | Maintains |
| 2025-02-07 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-02 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-05-02 | UBS | Neutral | Neutral | Maintains |
| 2025-01-31 | Mizuho | Neutral | Outperform | Upgrade |
| 2025-02-07 | Keybanc | Overweight | Overweight | Maintains |
| 2025-02-07 | UBS | Neutral | Neutral | Maintains |
| 2025-02-07 | Stifel | Buy | Buy | Maintains |
| 2025-02-07 | Raymond James | Outperform | Outperform | Reiterate |
| 2025-02-07 | JMP Securities | Market Outperform | Market Outperform | Maintains |
| 2025-02-07 | Jefferies | Buy | Buy | Maintains |
| 2025-02-07 | Needham | Buy | Buy | Maintains |
| 2024-08-02 | BTIG | Buy | Buy | Maintains |
| 2024-08-02 | Piper Sandler | Overweight | Overweight | Maintains |
| 2024-11-01 | Truist Securities | Buy | Buy | Maintains |
| 2024-10-22 | Jefferies | Hold | Buy | Upgrade |
| 2025-04-15 | Mizuho | Outperform | Outperform | Maintains |
| 2024-12-13 | Mizuho | Neutral | Neutral | Maintains |
| 2024-07-31 | Truist Securities | Buy | Buy | Maintains |
| 2025-01-31 | Keybanc | Overweight | Overweight | Maintains |
| 2025-01-16 | Citigroup | Neutral | Buy | Upgrade |
| 2024-10-31 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2024-10-31 | Keybanc | Overweight | Overweight | Maintains |
| 2024-10-31 | Jefferies | Buy | Buy | Maintains |
| 2024-10-31 | BMO Capital | Outperform | Outperform | Maintains |
| 2024-10-31 | Needham | Buy | Buy | Maintains |
| 2024-10-31 | Piper Sandler | Overweight | Overweight | Maintains |
| 2025-04-03 | Citizens Capital Markets | Market Outperform | Market Outperform | Reiterate |
| 2024-12-09 | TD Cowen | Buy | Buy | Maintains |
| 2024-12-09 | Jefferies | Buy | Buy | Maintains |
| 2025-04-16 | Scotiabank | Sector Perform | Initiate | |
| 2024-09-05 | Needham | Buy | Buy | Reiterate |
| 2024-10-14 | Mizuho | Neutral | Neutral | Maintains |
| 2024-11-04 | Mizuho | Neutral | Neutral | Maintains |
| 2024-11-04 | Needham | Buy | Buy | Reiterate |
| 2025-05-02 | Needham | Buy | Buy | Reiterate |
| 2025-04-21 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-07-18 | Needham | Buy | Buy | Reiterate |
| 2025-07-30 | Raymond James | Outperform | Outperform | Maintains |
| 2025-04-22 | Keybanc | Overweight | Overweight | Maintains |
| 2025-05-02 | Piper Sandler | Overweight | Overweight | Reiterate |
| 2025-05-02 | Raymond James | Outperform | Outperform | Reiterate |
| 2025-05-02 | Jefferies | Buy | Buy | Maintains |
| 2025-05-02 | Stifel | Buy | Buy | Maintains |
| 2025-07-21 | Barclays | Equal-Weight | Equal-Weight | Maintains |
| 2025-08-06 | UBS | Neutral | Neutral | Maintains |
| 2025-08-06 | Jefferies | Buy | Buy | Maintains |
| 2025-08-06 | BMO Capital | Outperform | Outperform | Maintains |
| 2025-08-06 | Keybanc | Overweight | Overweight | Maintains |
| 2025-07-21 | Citigroup | Buy | Buy | Maintains |
