Added to YB: 2024-01-29
Pitch date: 2024-01-26
PCTY [bullish]
Paylocity Holding Corporation
-28.99%
current return
Author Info
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Company Info
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States.
Market Cap
N/A
Pitch Price
$157.34
Price Target
N/A
Dividend
N/A
EV/EBITDA
13.86
P/E
N/A
EV/Sales
N/A
Sector
Professional Services
Category
growth
Show full summary:
Paylocity: A Strong Buy That's Flying Under The Radar
$PCTY: Payroll SaaS for mid-sized biz. 26x NTM PE, 92% retention, 3% of growing TAM. Founder holds 17%. 19% Q1 '24 rev growth, 73% GM, 33% EBITDA target. $300M cash, no debt. Risks: competition, macro, AI. Forward PEG 1.4. DCF = fairly valued to undervalued. Strong buy.
Read full article (7 min)