Paylocity Holding Corporation (PCTY)

185.58 0.00%
Jun 27 close; Powered by IEX
Pros
Revenue growth higher than the industry and sector averages
Company’s profitability is improving
Buy analyst rating
Average analyst stock price above current stock price
Cons
Forward P/E ratio high relative to industry peers
Forward P/S ratio high relative to industry peers
High short share of float
High short interest

Pros

  1. PCTY quarterly revenue growth was 34.00%, higher than the industry and sector average revenue growth (11.16% and 11.51%, respectively). See PCTY revenue growth chart.
  2. PCTY profitability is improving. The YoY profit margin change was 7.98 percentage points. See PCTY profitability chart.
  3. PCTY average analyst rating is Strong Buy. See PCTY analyst rating chart.
  4. PCTY average analyst price target ($242.80) is above its current price ($179.79). See PCTY price target chart.

Cons

  1. PCTY forward P/E ratio is 62.62, which is high compared to its industry peers’ P/E ratios. See PCTY forward P/E ratio chart.
  2. PCTY Price/Sales ratio is 13.43, which is high compared to its industry peers’ P/S ratios. See PCTY forward Price/Sales ratio chart.
  3. PCTY short share of float is 3.07%. The stock is much more frequently shorted than the average industry, sector or S&P 500 stock. See PCTY short share of float chart.
  4. PCTY short interest (days to cover the shorts) ratio is 4.86. The stock garners more short interest than the average industry, sector or S&P 500 stock. See PCTY short interest ratio chart.