Paylocity Holdings Stock Target Price and Analyst Consensus

PCTY -  USA Stock  

USD 185.22  7.18  4.03%

The current analyst and expert consensus on Paylocity Holdings is Buy with 4 hold recommendations. The current projected Paylocity Holdings target price consensus is 285.54 with 13 analyst opinions. One of the most common ways Paylocity Holdings Corp analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Paylocity Holdings vendors, executives, and/or customers. Paylocity Holdings recommendation module provides expert sentiment on the projected Paylocity Holdings Corp target price to derive its highest and lowest estimates based on target price standard deviation of 52.055. Please check Macroaxis Advice on Paylocity Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
  
Refresh
Gross Profit is likely to rise to about 389.3 M in 2022. Profit Margin is likely to rise to 10.82 in 2022. Paylocity Holdings Goodwill and Intangible Assets are fairly stable at the moment as compared to the past year. Paylocity Holdings reported Goodwill and Intangible Assets of 55 Million in 2021. Total Liabilities is likely to rise to about 1.9 B in 2022, whereas Tax Assets are likely to drop slightly above 6.5 M in 2022.

Paylocity Holdings Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Paylocity target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Paylocity target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Number of Opinions12
Lowered Outlook1
Raized Outlook0
Buy
Most Paylocity analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Paylocity stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Paylocity Holdings Corp, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Paylocity Holdings Target Price Projection

Paylocity Holdings' current and average target prices are 185.22 and 285.54, respectively. The current price of Paylocity Holdings is the price at which Paylocity Holdings Corp is currently trading. On the other hand, Paylocity Holdings' target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Paylocity Holdings Market Quote on 26th of June 2022

Low Price180.54Odds
High Price185.84Odds

185.22

Target Price

Analyst Consensus On Paylocity Holdings Target Price

Low Estimate206.0Odds
High Estimate355.0Odds
Number of Analysts13
Standard Deviation52.055

285.538

Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Paylocity Holdings Corp and the information provided on this page.

Paylocity Holdings Analyst Ratings

Paylocity Holdings' analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Paylocity Holdings stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Paylocity Holdings' financials, market performance, and future outlook by experienced professionals. Paylocity Holdings' historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

About Paylocity Holdings Target Price Projections

Paylocity Holdings's target price is an analyst's projection of its future price. Price targets can be assigned to all types of securities, from complex investment products to stocks such as Paylocity Holdings Corp and even bonds. If the target price is unavailable, it is most likely because there were not enough analyst opinions to come up with a consensus estimate. When setting a price target estimate, an analyst is trying to determine what the Stock is worth and where the price will be in a year from now. Generally, the target price of Paylocity depends on its intrinsic valuation, beta (i.e., risk over market), and overall volatility. Most analysts publish their price targets in research reports on specific companies, along with their buy, hold, or sell recommendations. Stock price targets are often quoted in the financial news media. Macroaxis uses multiple feeds to provide overall target price projection for Paylocity Holdings Corp including analysis of its current option contracts.
Paylocity Holdings' latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 61.73 with a put-to-call open interest ratio of 0.73 over 62 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2022-07-15. The current put volume is at 68, with calls trading at the volume of 19. This yields a 3.58 put-to-call volume ratio. The Paylocity Holdings option chain provides detailed quote and price information for the current Paylocity Holdings Corp option contracts. It shows all of Paylocity Holdings' listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-15 Option Contracts

Paylocity Holdings option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Paylocity Holdings' lending market. For example, when Paylocity Holdings' puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Paylocity Holdings, he or she must hedge the risk by shorting Paylocity Holdings stock over its option's life.
The chart above shows Paylocity Holdings' distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Paylocity Holdings' open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Paylocity Holdings' option, there is no secondary market available for investors to trade.

Paylocity Holdings Maximum Pain Price across 2022-07-15 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Paylocity Holdings close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Paylocity Holdings' stock options are financial instruments that give investors the right to buy or sell shares of Paylocity Holdings Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Paylocity stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Paylocity Holdings' stock price goes up or down, the stock options follow.
Please check Macroaxis Advice on Paylocity Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.

Paylocity Holdings Corp In The Money Call Balance

When Paylocity Holdings' strike price is surpassing the current stock price, the option contract against Paylocity Holdings Corp stock is said to be in the money. When it comes to buying Paylocity Holdings' options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' options written on Paylocity Holdings Corp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Paylocity Current Options Market Mood

Paylocity Holdings' open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Paylocity Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Paylocity Holdings' calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Paylocity Holdings' option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Paylocity Holdings' option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Additional Paylocity Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Paylocity Holdings is a key component of Paylocity Holdings valuation and have some predictive power on the future returns of a Paylocity Holdings.
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
180.48184.29188.10
Details
Intrinsic
Valuation
LowReal ValueHigh
166.70235.30239.11
Details
Naive
Forecast
LowNext ValueHigh
171.63175.44179.24
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.

Additional Paylocity Holdings Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Paylocity Holdings is a key component of Paylocity Holdings valuation and have some predictive power on the future returns of a Paylocity Holdings.
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
180.48184.29188.10
Details
Intrinsic
Valuation
LowReal ValueHigh
166.70235.30239.11
Details
Naive
Forecast
LowNext ValueHigh
171.63175.44179.24
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.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Macroaxis Index
Invested few shares
Dividend Beast
Invested over 70 shares
Momentum
Invested over 60 shares
Millennials Best
Invested over 70 shares
Tech Growth
Invested few shares
Driverless Cars
Invested over 70 shares
Please check Macroaxis Advice on Paylocity Holdings to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. 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 Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

Complementary Tools for Paylocity Stock analysis

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.
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Go
Portfolio Suggestion
Get suggestions outside of your existing asset allocation including your own model portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Cryptocurrency Center
Build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency
Go
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
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.