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Paylocity Holding

PCTYNASDAQ
Logo brought to you by Benzinga Data
$205.80
1.960.96%
At close: -
$205.80
0.000.00%
After Hours: Dec 6, 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$290.00
Lowest Price Target1
$153.00
Consensus Price Target1
$208.48

Paylocity Holding (NASDAQ:PCTY) Stock, Analyst Ratings, Price Targets, Forecasts

Paylocity Holding Corp has a consensus price target of $208.48 based on the ratings of 21 analysts. The high is $290 issued by Wolfe Research on August 8, 2022. The low is $153 issued by TD Cowen on June 20, 2024. The 3 most-recent analyst ratings were released by Mizuho, Needham, and Truist Securities on November 4, 2024, November 4, 2024, and November 1, 2024, respectively. With an average price target of $203.33 between Mizuho, Needham, and Truist Securities, there's an implied -1.20% downside for Paylocity Holding Corp from these most-recent analyst ratings.

Analyst Trends and Forecast
3
1
Aug
1
Sep
9
3
Oct
2
1
Nov
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Mizuho
Needham
Truist Securities
Keybanc
Barclays

1calculated from analyst ratings

Analyst Ratings for Paylocity Holding

Data brought to you by Benzinga APIs

FAQ

Q

What is the target price for Paylocity Holding (PCTY) stock?

A

The latest price target for Paylocity Holding (NASDAQ:PCTY) was reported by Mizuho on November 4, 2024. The analyst firm set a price target for $180.00 expecting PCTY to fall to within 12 months (a possible -12.54% downside). 45 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Paylocity Holding (PCTY)?

A

The latest analyst rating for Paylocity Holding (NASDAQ:PCTY) was provided by Mizuho, and Paylocity Holding maintained their neutral rating.

Q

When was the last upgrade for Paylocity Holding (PCTY)?

A

The last upgrade for Paylocity Holding Corp happened on October 22, 2024 when Jefferies raised their price target to $200. Jefferies previously had a hold for Paylocity Holding Corp.

Q

When was the last downgrade for Paylocity Holding (PCTY)?

A

The last downgrade for Paylocity Holding Corp happened on January 5, 2024 when Jefferies changed their price target from $240 to $180 for Paylocity Holding Corp.

Q

When is the next analyst rating going to be posted or updated for Paylocity Holding (PCTY)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Paylocity Holding, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Paylocity Holding was filed on November 4, 2024 so you should expect the next rating to be made available sometime around November 4, 2025.

Q

Is the Analyst Rating Paylocity Holding (PCTY) correct?

A

While ratings are subjective and will change, the latest Paylocity Holding (PCTY) rating was a maintained with a price target of $175.00 to $180.00. The current price Paylocity Holding (PCTY) is trading at is $205.80, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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