Paylocity Competitors

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Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Paylocity Holdings' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Paylocity Holdings in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
216.09219.11222.13
Details
Intrinsic
Valuation
LowReal ValueHigh
197.24232.62235.64
Details
12 Analysts
Consensus
LowTarget PriceHigh
206.00285.54355.00
Details
Earnings
Estimates (6)
LowProjected EPSHigh
0.901.021.09
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paylocity Holdings. Your research has to be compared to or analyzed against Paylocity Holdings' peers to derive any actionable benefits. When done correctly, Paylocity Holdings' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Paylocity Holdings Corp.

Paylocity Holdings Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Paylocity Holdings and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Paylocity and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Paylocity Holdings Corp does not affect the price movement of the other competitor.
SNOW
NOW
INTU
CRM
CDNS
SNOW
0.870.950.910.41
SNOW
NOW
0.870.890.950.38
NOW
INTU
0.950.890.940.56
INTU
CRM
0.910.950.940.45
CRM
CDNS
0.410.380.560.45
CDNS
SNOW
NOW
INTU
CRM
CDNS
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Paylocity Holdings Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Paylocity Stock performing well and Paylocity Holdings company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Paylocity Holdings' multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.

Cross Equities Net Income Analysis

Compare Paylocity Holdings Corp and related stocks such as Snowflake Inc, Servicenow, Intuit Inc, Salesforce, and Cadence Design Sys Net Income Over Time
Select Fundamental

2010201120122013201420152016201720182019202020212022
SNOW(336.1 M)(336.1 M)(296 M)(188.6 M)(6.9 M)40.9 M40.9 M40.9 M40.9 M40.9 M40.9 M36.8 M39.7 M
NOW(29.7 M)(6.7 M)(37.3 M)(73.7 M)(179.4 M)(198.4 M)(451.8 M)(149.1 M)(26.7 M)626.7 M118.5 M230 M248.2 M
INTU574 M792 M858 M907 M365 M979 M971 M1.2 B1.6 B1.8 B2.1 B2.1 B2.2 B
CRM80.7 M(11.6 M)(270.4 M)(232.2 M)(262.7 M)(47.4 M)179.6 M127.5 M1.1 B126 M4.1 B1.4 B1.6 B
CDNS126.5 M72.2 M696 M696 M696 M696 M203.1 M696 M696 M696 M696 M696 M473.2 M

Paylocity Holdings Corp and related stocks such as Snowflake Inc, Servicenow, Intuit Inc, Salesforce, and Cadence Design Sys Net Income description

Net income is one of the most important fundamental items in finance. It plays a large role in Paylocity Holdings Corp financial statement analysis. It represents the amount of money remaining after all of Paylocity Holdings Corp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. The portion of profit or loss for the period; net of income taxes; which is attributable to the parent after the deduction of Net Income to Non Controlling Interests from Consolidated Income; and before the deduction of Preferred Dividends.

Paylocity Holdings Competitive Analysis

The better you understand Paylocity Holdings competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Paylocity Holdings' competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Paylocity Holdings' competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PCTYSNOWNOWINTUCRMCDNS
 5.85 
 217.83 
Paylocity
 4.64 
 142.90 
Snowflake
 4.90 
 416.30 
Servicenow
 7.34 
 407.59 
Intuit
 5.65 
 160.25 
Salesforce
 5.21 
 172.04 
Cadence
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
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Profit Margin
EBITDA
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Z Score
Shares Owned by Institutions
Return On Asset
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Current Liabilities
Total Asset
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Last Dividend Paid
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Cash per Share
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Day Typical Price
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Market Facilitation Index
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Mean Deviation
Jensen Alpha
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Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
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Treynor Ratio
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Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Paylocity Holdings Competition Performance Charts

Complement your Paylocity Holdings position

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Please check Paylocity Holdings Correlation with its peers. You can also try Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .

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When running Paylocity Holdings Corp price analysis, check to measure Paylocity Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paylocity Holdings is operating at the current time. Most of Paylocity Holdings' value examination focuses on studying past and present price action to predict the probability of Paylocity Holdings' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Paylocity Holdings' price. Additionally, you may evaluate how the addition of Paylocity Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Paylocity Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paylocity Holdings. If investors know Paylocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paylocity Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.018) 
Market Capitalization
11.5 B
Quarterly Revenue Growth YOY
0.39
Return On Assets
0.0148
Return On Equity
0.17
The market value of Paylocity Holdings Corp is measured differently than its book value, which is the value of Paylocity that is recorded on the company's balance sheet. Investors also form their own opinion of Paylocity Holdings' value that differs from its market value or its book value, called intrinsic value, which is Paylocity Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paylocity Holdings' market value can be influenced by many factors that don't directly affect Paylocity Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paylocity Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine Paylocity Holdings value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paylocity Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
PCTY
 Stock
  

USD 217.83  12.04  5.85%   

Paylocity Holdings Corp competes with Snowflake Inc, Servicenow, Intuit, Salesforce, and Cadence Design; as well as few others. The company conducts business under Technology sector and is part of Software—Application industry. Analyzing Paylocity Holdings competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Paylocity Holdings to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Paylocity Holdings competition on your existing holdings. Please check Paylocity Holdings Correlation with its peers.
  
Return on Investment is likely to rise to 16.74 in 2022. Return on Average Assets is likely to rise to 2.71 in 2022. Paylocity Holdings Total Assets are fairly stable at the moment as compared to the past year. Paylocity Holdings reported Total Assets of 4.81 Billion in 2021. Current Assets is likely to rise to about 4.6 B in 2022, whereas Tax Assets are likely to drop slightly above 6.5 M in 2022.