Added to YB: 2024-03-20
Pitch date: 2024-01-10
PCTY [bullish]
Paylocity Holding Corporation
-5.09%
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
$158.98
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:
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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