Added to YB: 2024-03-20
Pitch date: 2024-01-10
PCTY [bullish]
Paylocity Holding Corporation
-29.73%
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
$158.98
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:
ClearBridge Investments Aggressive Growth Strategy New Portfolio Holding: Paylocity Holding Corporation
PCTY: Payroll & HR SaaS for mid-sized biz. Gaining share in 1.3M+ addressable market from legacy & regional rivals. ARPU doubled since IPO, showing expansion potential. Profitable now, expecting healthy margin growth ahead despite macro slowdown fears creating attractive entry point.
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