Professional
Added to YB: 2025-01-28
Pitch date: 2025-01-23
PCTY [bullish]
Paylocity Holding Corporation
-26.97%
current return
Author Info
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Company Info
Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States.
Market Cap
$10.1B
Pitch Price
$203.33
Price Target
N/A
Dividend
N/A
EV/EBITDA
28.63
P/E
45.80
EV/Sales
6.42
Sector
Professional Services
Category
growth
Show full summary:
Conestoga Capital Advisors Mid Cap Composite New Position: Paylocity Holding Corporation
PCTY: Cloud HCM software for SMBs. 40k+ clients, double-digit recurring rev growth, mid-90s retention. Airbase acquisition expands spend mgmt. AI enhances workflows. Consistent margin expansion, $20B+ TAM. Conestoga's firsthand experience as client. Long-term potential compelling.
Read full article (1 min)