Paylocity Stock Financials

PCTY
 Stock
  

USD 261.12  0.32  0.12%   

Paylocity Holdings Working Capital is fairly stable at the moment as compared to the past year. Paylocity Holdings reported Working Capital of 161.16 Million in 2021.
  
With this module, you can analyze Paylocity financials for your investing period. You should be able to track the changes in Paylocity Holdings individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.

Paylocity Most Recent Estimates

Quarterly Earnings Growth YOY
0.29
EPS Estimate Next Quarter
0.61
Diluted Eps
1.76
EPS Estimate Current Year
2.99
EPS Estimate Next Year
3.22
EPS Estimate Current Quarter
0.54
Earnings Share
1.76

Revenues

617.23 Million

Understanding current and past Paylocity Holdings Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Paylocity Holdings' financial statements are interrelated, with each one affecting the others. For example, an increase in Paylocity Holdings' assets may result in an increase in income on the income statement.
The fundamental analysis of Paylocity Holdings is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Paylocity Holdings includes many different criteria found on its balance sheet. For example, investors should never minimize Paylocity Holdings' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Paylocity Holdings' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Paylocity Holdings.

Paylocity Holdings Corp Cash

Chance Of Financial Distress
Less than 1
Paylocity Holdings Corp has less than 1 (%) percent chance of experiencing financial distress in the next two years of operations. The calculation of odds of distress for Paylocity Holdings stock is tightly coupled with the Probability of Bankruptcy. It complements the equity performance score by supplying investors with insight into company financials without requiring them to know too much about all of the complex accounting and financial indicators surrounding the entity. More Info
The data published in Paylocity Holdings' official financial statements usually reflect Paylocity Holdings' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Paylocity Holdings Corp. For example, before you start analyzing numbers published by Paylocity accountants, it's critical to develop an understanding of what Paylocity Holdings' liquidity, profitability, and earnings quality are in the context of the Technology space in which it operates.
Please note, the presentation of Paylocity Holdings' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Paylocity Holdings' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Paylocity Holdings' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paylocity Holdings Corp. Please utilize our Beneish M Score to check the likelihood of Paylocity Holdings' management to manipulate its earnings.

Paylocity Holdings Company Summary

Paylocity Holdings competes with La Z. Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company was founded in 1997 and is headquartered in Schaumburg, Illinois. Paylocity Holdings operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 4150 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
CIK Number0001591698
RegionNorth America
Business Address1400 American Lane,
SectorTechnology
IndustrySoftware—Application
BenchmarkDOW
Websitewww.paylocity.com
Phone847 463 3200
CurrencyUSD - US Dollar
You should never invest in Paylocity Holdings without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Paylocity Stock, because this is throwing your money away. Analyzing the key information contained in Paylocity Holdings' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Paylocity Holdings Key Financial Ratios

Generally speaking, Paylocity Holdings' financial ratios allow both analysts and investors to convert raw data from Paylocity Holdings' financial statements into concise, actionable information that can be used to evaluate the performance of Paylocity Holdings over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Paylocity Holdings Corp reports annually and quarterly.

Paylocity Holdings Key Balance Sheet Accounts

201720182019202020212022 (projected)
Receivables3.45 M4.36 M4.92 M6.27 M5.64 M6.09 M
Accounts Payable2.99 M3.95 M1.75 M4.23 M3.81 M4.11 M
Total Assets1.51 B1.8 B1.99 B2.41 B2.17 B2.34 B
Current Assets1.38 B1.6 B1.66 B2.03 B1.83 B1.97 B
Assets Non Current55.48 M74.59 M129.36 M207.75 M238.91 M257.78 M
Cash and Equivalents137.19 M132.48 M250.85 M202.29 M182.06 M196.43 M
Shareholders Equity212.82 M307.96 M392.91 M476.93 M429.24 M463.12 M
Total Liabilities1.29 B1.5 B1.59 B1.94 B1.74 B1.88 B
Current Liabilities1.27 B1.46 B1.41 B1.87 B1.68 B1.81 B

Paylocity Holdings Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Paylocity Holdings' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201720182019202020212022 (projected)
Direct Expenses149.2 M153.85 M182.01 M219.3 M197.37 M212.95 M
Consolidated Income(3.85 M)6.72 M38.6 M53.82 M61.9 M66.78 M
Cost of Revenue98.08 M123.99 M149.2 M153.85 M176.93 M140.83 M
Gross Profit132.62 M176.02 M228.33 M313.78 M360.85 M389.34 M
Net Income38.6 M53.82 M64.45 M70.82 M63.74 M68.77 M
Operating Expenses136.17 M168.73 M212.38 M257.56 M296.19 M319.58 M
Operating Income15.95 M56.22 M66.17 M58.04 M52.24 M56.36 M
Revenues377.53 M467.63 M561.33 M635.63 M572.06 M617.23 M
Income Tax Expense177 K651 K(21.85 M)4.22 M3.8 M4.1 M

Paylocity Holdings Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Paylocity Holdings Corp. It measures of how well Paylocity is doing because it can show the actual money that comes into and out of the company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Paylocity Holdings brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Paylocity had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Paylocity Holdings has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201720182019202020212022 (projected)
Capital Expenditure(24.47 M)(37.82 M)(49.07 M)(38.9 M)(35.01 M)(35.93 M)
Depreciation Amortization and Accretion13.87 M21.03 M30.2 M34.56 M39.75 M42.89 M
Net Cash Flow or Change in Cash and Cash Equivalents5.24 M(280.19 M)193.8 M186.41 M214.37 M231.3 M
Issuance Purchase of Equity Shares3.13 M3.71 M4.3 M(28.92 M)(26.03 M)(26.72 M)
Net Cash Flow from Financing275.22 M114.72 M2.09 M280.48 M252.43 M272.36 M
Net Cash Flow from Investing(339.36 M)(43.34 M)(48.76 M)48.42 M43.58 M47.02 M
Net Cash Flow from Operations97.87 M115.03 M112.66 M124.85 M112.36 M121.24 M
Share Based Compensation17.56 M26.73 M30.35 M38.77 M44.58 M48.1 M

Paylocity Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Paylocity Holdings's current stock value. Our valuation model uses many indicators to compare Paylocity Holdings value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Paylocity Holdings competition to find correlations between indicators driving Paylocity Holdings's intrinsic value. More Info.
Paylocity Holdings Corp is considered to be number one stock in retained earnings category among related companies. It is considered to be number one stock in current ratio category among related companies . The ratio of Retained Earnings to Current Ratio for Paylocity Holdings Corp is about  121,423,415 . Paylocity Holdings Current Ratio is fairly stable at the moment as compared to the past year. Paylocity Holdings reported Current Ratio of 0.98 in 2021. Comparative valuation analysis is a catch-all model that can be used if you cannot value Paylocity Holdings by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Paylocity Holdings' Stock . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Paylocity Holdings' earnings, one of the primary drivers of an investment's value.

Paylocity Holdings Corp Systematic Risk

Paylocity Holdings' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Paylocity Holdings volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fifty-two with a total number of output elements of nine. The Beta measures systematic risk based on how returns on Paylocity Holdings Corp correlated with the market. If Beta is less than 0 Paylocity Holdings generally moves in the opposite direction as compared to the market. If Paylocity Holdings Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Paylocity Holdings Corp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Paylocity Holdings is generally in the same direction as the market. If Beta > 1 Paylocity Holdings moves generally in the same direction as, but more than the movement of the benchmark.
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About Paylocity Holdings Financials

What exactly are Paylocity Holdings Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Paylocity Holdings' income statement, its balance sheet, and the statement of cash flows. Potential Paylocity Holdings investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Paylocity Holdings investors may use each financial statement separately, they are all related. The changes in Paylocity Holdings's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Paylocity Holdings's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines that you should keep in mind when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase year after year due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt to equity ratio because this number will tell you how much risk it has. If a company such as Paylocity Holdings is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to try and figure out if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that net revenue of Paylocity grown by more than 25% over the last five years, then there is a good chance that it will continue growing at least by 20% or more each year. On the other hand, if you see that net revenue has only grown by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.

Paylocity Holdings Thematic Clasifications

Paylocity Holdings Corp is part of Software investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business
Software Idea
SoftwareView
This theme covers Software, software systems, and software services. Companies that develop and distribute software and software systems to individuals or business. Get More Thematic Ideas

Paylocity Holdings August 9, 2022 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Paylocity Holdings help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Paylocity Holdings Corp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Paylocity Holdings Corp based on widely used predictive technical indicators. In general, we focus on analyzing Paylocity Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Paylocity Holdings's daily price indicators and compare them against related drivers.
Downside Deviation4.13
Information Ratio0.1422
Maximum Drawdown13.59
Value At Risk(6.10)
Potential Upside6.5
Please check Your Equity Center. Note that the Paylocity Holdings Corp information on this page should be used as a complementary analysis to other Paylocity Holdings' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Probability Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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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
0.29
Market Capitalization
14.4 B
Quarterly Revenue Growth YOY
0.37
Return On Assets
0.0147
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.