Paylocity (PCTY)
Paylocity Statistics
Share Statistics
Paylocity has 55.89M shares outstanding. The number of shares has increased by -1.04% in one year.
| Shares Outstanding | 55.89M |
| Shares Change (YoY) | -1.04% |
| Shares Change (QoQ) | 0.32% |
| Owned by Institutions (%) | 76.2% |
| Shares Floating | 44.83M |
| Failed to Deliver (FTD) Shares | 31 |
| FTD / Avg. Volume | 0.01% |
Short Selling Information
The latest short interest is 922.71K, so 1.66% of the outstanding shares have been sold short.
| Short Interest | 922.71K |
| Short % of Shares Out | 1.66% |
| Short % of Float | 2.08% |
| Short Ratio (days to cover) | 2.55 |
Valuation Ratios
The PE ratio is 35.89 and the forward PE ratio is 29.18. Paylocity's PEG ratio is 0.79.
| PE Ratio | 35.89 |
| Forward PE | 29.18 |
| PS Ratio | 5.29 |
| Forward PS | 5.4 |
| PB Ratio | 7.18 |
| P/FCF Ratio | 24.26 |
| PEG Ratio | 0.79 |
Enterprise Valuation
Paylocity has an Enterprise Value (EV) of 10.05B.
| EV / Earnings | 48.62 |
| EV / Sales | 7.17 |
| EV / EBITDA | 29.87 |
| EV / EBIT | 38.65 |
| EV / FCF | 32.86 |
Financial Position
The company has a current ratio of 1.13, with a Debt / Equity ratio of 0.05.
| Current Ratio | 1.13 |
| Quick Ratio | 1.13 |
| Debt / Equity | 0.05 |
| Total Debt / Capitalization | 5.01 |
| Cash Flow / Debt | 7.06 |
| Interest Coverage | 0 |
Financial Efficiency
Return on equity (ROE) is 0.2% and return on capital (ROIC) is 17.85%.
| Return on Equity (ROE) | 0.2% |
| Return on Assets (ROA) | 0.05% |
| Return on Capital (ROIC) | 17.85% |
| Revenue Per Employee | $219,142.97 |
| Profits Per Employee | $32,307.19 |
| Employee Count | 6,400 |
| Asset Turnover | 0.33 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 70.25M |
| Effective Tax Rate | 0.25 |
Stock Price Statistics
The stock price has increased by 8.58% in the last 52 weeks. The beta is 0.94, so Paylocity's price volatility has been higher than the market average.
| Beta | 0.94 |
| 52-Week Price Change | 8.58% |
| 50-Day Moving Average | 200.84 |
| 200-Day Moving Average | 177.74 |
| Relative Strength Index (RSI) | 38.41 |
| Average Volume (20 Days) | 459.63K |
Income Statement
In the last 12 months, Paylocity had revenue of 1.4B and earned 206.77M in profits. Earnings per share was 3.68.
| Revenue | 1.4B |
| Gross Profit | 960.79M |
| Operating Income | 260.09M |
| Net Income | 206.77M |
| EBITDA | 336.52M |
| EBIT | 260.09M |
| Earnings Per Share (EPS) | 3.68 |
Balance Sheet
The company has 401.81M in cash and 54.45M in debt, giving a net cash position of 347.36M.
| Cash & Cash Equivalents | 401.81M |
| Total Debt | 54.45M |
| Net Cash | 347.36M |
| Retained Earnings | 673.46M |
| Total Assets | 5.29B |
| Working Capital | 528.08M |
Cash Flow
In the last 12 months, operating cash flow was 384.67M and capital expenditures -18.03M, giving a free cash flow of 305.92M.
| Operating Cash Flow | 384.67M |
| Capital Expenditures | -18.03M |
| Free Cash Flow | 305.92M |
| FCF Per Share | 5.44 |
Margins
Gross margin is 68.5%, with operating and profit margins of 18.54% and 14.74%.
| Gross Margin | 68.5% |
| Operating Margin | 18.54% |
| Pretax Margin | 19.75% |
| Profit Margin | 14.74% |
| EBITDA Margin | 23.99% |
| EBIT Margin | 18.54% |
| FCF Margin | 21.81% |
Dividends & Yields
PCTY does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 1.97% |
| FCF Yield | 2.93% |
Analyst Forecast
The average price target for PCTY is $240, which is 28.6% higher than the current price. The consensus rating is "Buy".
| Price Target | $240 |
| Price Target Difference | 28.6% |
| Analyst Consensus | Buy |
| Analyst Count | 16 |
Scores
| Altman Z-Score | 2.34 |
| Piotroski F-Score | 7 |