Paylocity Holding Corporation (PCTY) Stock Price & Analysis
Paylocity Holding Corporation (PCTY) closed at USD 177.67 on Thursday, October 22, 2026, up 4.93% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 169.33; the Oct 22, 2026 session ranged USD 172.06–178.13 on volume of 686,461 shares. Market capitalization is $9.84B, with a 52-week range of USD 92.99–178.13 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:35 UTC.
Also available as compact Markdown for AI agents: nexqual.com/PCTY.md
Key facts (PCTY)
- Last four reported quarters (through Jun 30, 2026): revenue $1.77B, net income $270M (15.2% margin), free cash flow $497M (SEC filings).
- Valuation: P/E 36.5x (avg 34.2x at the last 3 fiscal year-ends), EV/EBITDA 21.3x, net cash $191M.
- Analysts: Buy (mean 2.10 on a 1–5 scale) (21 analysts), mean target USD 175.1 (range 128–250).
- Total return with dividends: 1Y +16.9% vs S&P 500 +14.9%; 5Y -39.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-05, EPS estimate USD 1.89, revenue estimate $442M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (PCTY)
| USD | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $853M | $1.17B | $1.40B | $1.60B | $1.77B | $1.77B |
| Gross profit | $566M | $808M | $961M | $1.10B | $1.23B | — |
| Operating income | $84.6M | $155M | $260M | $304M | $386M | $386M |
| Net income | $90.8M | $141M | $207M | $227M | $270M | $270M |
| EPS (diluted) | $1.61 | $2.49 | $3.63 | $4.02 | $4.92 | — |
| Free cash flow | $137M | $261M | $367M | $405M | $497M | $497M |
| Gross margin | 66.3% | 68.8% | 68.5% | 68.8% | 69.2% | — |
| Operating margin | 9.9% | 13.2% | 18.5% | 19.1% | 21.8% | 21.8% |
| Net margin | 10.6% | 12.0% | 14.7% | 14.2% | 15.2% | 15.2% |
| Revenue growth | +34.1% | +37.8% | +19.4% | +13.7% | +11.0% | — |
| Cash + short-term investments | $140M | — | — | $398M | $272M | — |
| Total debt | — | — | $0K | $163M | $81.3M | — |
Fiscal years end Jun. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (PCTY)
P/E 36.5x · P/S 5.5x · EV/EBITDA 21.3x · EV/Sales 5.5x · P/FCF 19.8x · P/B 8.1x · FCF yield 5.05% · Earnings yield 2.74% · Buyback yield (TTM) 4.05% · Net cash $191M · EV $9.65B
P/E at fiscal year-ends: Jun 2026 21.2x, Jun 2025 45.1x, Jun 2024 36.3x.
Analysts (PCTY)
Consensus Buy (mean 2.10 on a 1–5 scale), 21 analysts; mean target USD 175.1 (low 128, high 250).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-20 | Citizens | Target raised | Market Outperform | $150 → $180 |
| 2026-10-13 | Barclays | Target raised | Equal-Weight | $154 → $162 |
| 2026-08-20 | TD Cowen | Target raised | Buy | $168 → $177 |
| 2026-08-06 | Barclays | Target raised | Equal-Weight | $128 → $154 |
| 2026-08-05 | TD Cowen | Target raised | Buy | $137 → $168 |
| 2026-08-05 | Keybanc | Target raised | Overweight | $172 → $178 |
| 2026-08-05 | Cantor Fitzgerald | Target raised | Overweight | $140 → $165 |
| 2026-08-05 | BTIG | Target raised | Buy | $150 → $180 |
| 2026-07-22 | UBS | Target raised | Neutral | $122 → $128 |
| 2026-06-29 | Truist Securities | Target lowered | Buy | $180 → $165 |
| 2026-06-26 | TD Cowen | Target lowered | Buy | $155 → $137 |
Total return (dividends reinvested) (PCTY)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +16.9% | -39.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +17.0% | -9.6% |
| Volatility (annualized) | 41.9% | 40.1% |
| Max drawdown | -38.2% (Dec 2025→Apr 2026) | -68.8% (Oct 2021→Apr 2026) |
PCTY suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | UPS (UPS) | “We rely on third-party couriers such as the United Parcel Service, or UPS, to ship printed checks to our clients, and any disruptions in their operations that impact their ability to successfully perform their tasks may negatively impact our business.” |
Quoted from the company's 10-K filed Aug 5, 2026.
PCTY company outlook (results filed Aug 4, 2026)
- “Based on information available as of August 4, 2026, Paylocity is issuing guidance for the first quarter and full fiscal 2027 as indicated below.”
Quoted word-for-word from the SEC 8-K results press release.
PCTY analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $1.89 | $1.87 | +1.2% | $441.7M | 18 |
| Next quarter (ends Dec 2026) | $1.89 | $1.88 | +0.8% | $445.6M | 18 |
| Current fiscal year (ends Jun 2027) | $8.72 | $8.69 | +0.4% | $1.89B | 19 |
| Next fiscal year (ends Jun 2028) | $9.68 | $9.62 | +0.6% | $2.04B | 19 |
PCTY options: expected move
Options price a move of about ±11.3% (±$20.05) by Nov 20, 2026, which includes earnings on Nov 5, 2026. Over the last 8 reports the stock moved ±4.4% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 49.8% | ±11.3% |
| Dec 18, 2026 | 56 | 44.1% | ±14.0% |
| Feb 19, 2027 | 119 | 43.7% | ±20.0% |
| May 21, 2027 | 210 | 43.7% | ±26.4% |
30-day implied volatility 49.2% vs 28.1% realized over the last 30 trading days. Put/call ratio (volume) 0.05. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 08:35 UTC)
| Price | USD 177.67 |
|---|---|
| Change | ▲ 4.93% (up) |
| Previous Close | USD 169.33 |
| Open | USD 172.5 |
| Day Range | USD 172.06 – 178.13 |
| 52-Week Range | USD 92.99 – 178.13 |
| Volume | 686,461 shares |
| Market Cap | $9.84B |
| Exchange | NMS |
Technical Analysis (PCTY)
Nexqual's technical model rates PCTY "BUY" based on 5 bullish and 3 bearish signals across 127 daily candles, as of October 23, 2026 at 08:35 UTC.
| Overall Signal | BUY |
|---|---|
| RSI (14) | 80.56 (overbought) |
| vs SMA50 | Above (USD 151.57) |
| MACD | 6.83 (positive) |
Analyst Ratings (PCTY)
Wall Street analysts rate PCTY "Buy" based on 21 analysts, with a mean price target of USD 175.1 (range USD 128–250), per Nexqual as of October 23, 2026 at 08:35 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 21 |
| Mean Target | USD 175.1 |
| High Target | USD 250 |
| Low Target | USD 128 |
| Buy / Hold / Sell | 18 / 2 / 1 |
Earnings (PCTY)
| Next Earnings Date | 2026-11-05 |
|---|---|
| EPS Estimate | USD 1.89 |
| Revenue Estimate | $441.73M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 1.84 vs est 1.61 ▲ beat |
| 2026-03-31 | USD 2.89 vs est 2.58 ▲ beat |
| 2025-12-31 | USD 1.85 vs est 1.6 ▲ beat |
| 2025-09-30 | USD 1.75 vs est 1.57 ▲ beat |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Financials & Fundamentals (PCTY)
| Total Revenue | $1.77B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +11.00% |
| Gross Margin | +69.28% |
| Operating Margin | +19.06% |
| Profit Margin | +15.23% |
| ROE | +21.97% |
| Debt / Equity | 0.11 |
| Current Ratio | 1.09 |
| Total Cash | $271.92M |
| Total Debt | $132.97M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $497.10M (28.1% of revenue) |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Financial Health Score (PCTY)
Nexqual rates Paylocity Holding Corporation's overall financial health "Strong" across five dimensions, as of October 23, 2026 at 08:35 UTC.
| Growth | Solid — Revenue +11% YoY (annual) |
|---|---|
| Profitability | Strong — Gross margin 69%, operating 19% (last 12 months) |
| Balance Sheet | Strong — $272M cash and investments vs $81M debt (Jun 2026, SEC), net cash |
| Cash Flow | Strong — FCF $497M (last 4 quarters to Jun 2026, SEC), 28% margin |
| Efficiency | Strong — ROE 22%, ROA 5.2% |
Ownership (PCTY)
| Insider Ownership | +19.98% |
|---|---|
| Institutional Ownership | +89.12% |
| Shares Outstanding | 55.37M |
| Float | 42.51M |
| Short % of Float | +7.05% |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
Leadership (PCTY)
Paylocity Holding Corporation is led by Toby J. Williams, President, CEO & Director, per Nexqual as of October 23, 2026 at 08:35 UTC.
| President, CEO & Director | Toby J. Williams |
|---|---|
| Executive Chairman of the Board | Steven R. Beauchamp |
| Founder & Director | Steven I. Sarowitz |
| Chief Financial Officer | Ryan Glenn |
| Senior Vice President of Operations | Andrew J. Cappotelli |
Major Backers & Investors (PCTY)
Notable institutional backers of Paylocity Holding Corporation include T. Rowe Price, AQR Capital Management, LLC, Citadel, according to Nexqual as of October 23, 2026 at 08:35 UTC.
Active Investors
| Investor | Stake |
|---|---|
| T. Rowe Price | 5.85% |
| AQR Capital Management, LLC | 4.43% |
| Citadel | 2.83% |
| Morgan Stanley | 2.69% |
| UBS Group AG | 2.44% |
| TR PRICE-Price (T.Rowe) U.S. Mid-Cap Growth Equity Trust | 1.1% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 7.79% |
| BlackRock | 7.76% |
| State Street | 2.63% |
| Geode Capital | 2.41% |
Source: Nexqual, October 23, 2026 at 08:35 UTC.
From Paylocity Holding Corporation's Latest SEC 10-K Filing (filed 2026-08-05)
Key Strengths & Strategy (as disclosed to the SEC)
- As a leading cloud-based provider of HCM, finance and IT software solutions, our platform contains a significant amount of sensitive data related to clients, employees of our clients, business partners and our employees.
- Excluding clients acquired through acquisitions, as of June 30, 2026, we provided our software-as-a-service ("SaaS") solutions to approximately 44,400 clients across the U.S., which on average had over 150 employees.
- Our success is dependent, in part, on our ability to protect our proprietary technology and other intellectual property rights.
- Our clients are typically either migrating to our platform from a competitive solution or are adopting their first online HCM, finance or IT solution.
Partnerships
- Guided Procurement – Guided Procurement centralizes purchase requests with automated workflows to ensure compliance, efficiency and collaboration across finance, procurement, HR and business stakeholders such as IT and Legal.
Legal & Regulatory Risks (Item 1A, quoted)
- Changes in regulatory laws or requirements applicable to our software and services could impose increased costs on us, delay or prevent our introduction of new products and services and impair the function or value of our existing products and services.
- Failure to comply with data privacy laws and regulations may have a material adverse effect on reputation, financial condition, and/or operations.
- Adverse tax laws or regulations could be enacted, or existing laws could be applied to us or our clients, which could increase the costs of our services and adversely impact our business.
- Any future litigation against us could be costly and time-consuming to defend.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
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| YMM | Full Truck Alliance Co. Ltd. | USD 8.35 | ▼ 1.76% |
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Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:35 UTC. This page is informational and not investment advice.
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