Paylocity (PCTY) Competitors

$172.97
+0.80 (+0.46%)
(As of 05/17/2024 08:54 PM ET)

PCTY vs. CDAY, GWRE, DAY, CYBR, PAYC, U, APPF, MNDY, INFA, and GTLB

Should you be buying Paylocity stock or one of its competitors? The main competitors of Paylocity include Ceridian HCM (CDAY), Guidewire Software (GWRE), Dayforce (DAY), CyberArk Software (CYBR), Paycom Software (PAYC), Unity Software (U), AppFolio (APPF), monday.com (MNDY), Informatica (INFA), and GitLab (GTLB). These companies are all part of the "prepackaged software" industry.

Paylocity vs.

Ceridian HCM (NYSE:CDAY) and Paylocity (NASDAQ:PCTY) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk.

Paylocity has lower revenue, but higher earnings than Ceridian HCM. Paylocity is trading at a lower price-to-earnings ratio than Ceridian HCM, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Ceridian HCM$1.45B6.82-$73.40M$0.032,111.00
Paylocity$1.35B7.21$140.82M$3.4450.28

94.8% of Paylocity shares are owned by institutional investors. 4.5% of Ceridian HCM shares are owned by insiders. Comparatively, 22.5% of Paylocity shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Ceridian HCM currently has a consensus target price of $76.80, suggesting a potential upside of 21.27%. Paylocity has a consensus target price of $196.67, suggesting a potential upside of 13.70%. Given Paylocity's higher probable upside, analysts plainly believe Ceridian HCM is more favorable than Paylocity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Ceridian HCM
0 Sell rating(s)
5 Hold rating(s)
5 Buy rating(s)
0 Strong Buy rating(s)
2.50
Paylocity
0 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53

Paylocity has a net margin of 14.42% compared to Paylocity's net margin of 0.28%. Ceridian HCM's return on equity of 22.08% beat Paylocity's return on equity.

Company Net Margins Return on Equity Return on Assets
Ceridian HCM0.28% 2.03% 0.51%
Paylocity 14.42%22.08%5.03%

In the previous week, Paylocity had 2 more articles in the media than Ceridian HCM. MarketBeat recorded 5 mentions for Paylocity and 3 mentions for Ceridian HCM. Paylocity's average media sentiment score of 1.75 beat Ceridian HCM's score of 1.71 indicating that Ceridian HCM is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Ceridian HCM
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Paylocity
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Paylocity received 234 more outperform votes than Ceridian HCM when rated by MarketBeat users. Likewise, 67.72% of users gave Paylocity an outperform vote while only 57.55% of users gave Ceridian HCM an outperform vote.

CompanyUnderperformOutperform
Ceridian HCMOutperform Votes
301
57.55%
Underperform Votes
222
42.45%
PaylocityOutperform Votes
535
67.72%
Underperform Votes
255
32.28%

Ceridian HCM has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.

Summary

Paylocity beats Ceridian HCM on 13 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding PCTY and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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PCTY vs. The Competition

MetricPaylocityPrepackaged software IndustryComputer SectorNASDAQ Exchange
Market Cap$9.76B$22.13B$21.87B$7.98B
Dividend YieldN/A2.03%2.73%3.91%
P/E Ratio50.2881.95242.4418.77
Price / Sales7.2110.83544.9185.85
Price / Cash46.7569.5430.2331.98
Price / Book8.889.506.834.64
Net Income$140.82M$368.67M$642.02M$217.28M
7 Day Performance5.71%2.77%2.09%2.90%
1 Month Performance10.02%6.76%6.62%6.66%
1 Year Performance-0.46%18.31%25.57%9.89%

Paylocity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
CDAY
Ceridian HCM
1.9649 of 5 stars
$61.85
+1.9%
$76.80
+24.2%
+2.9%$9.66B$1.45B2,062.358,526Positive News
GWRE
Guidewire Software
2.4676 of 5 stars
$119.09
+2.4%
$115.11
-3.3%
+53.0%$9.80B$905.34M-192.083,415Positive News
DAY
Dayforce
2.468 of 5 stars
$62.10
+0.4%
$73.40
+18.2%
N/A$9.81B$1.51B188.199,084Analyst Forecast
CYBR
CyberArk Software
1.8471 of 5 stars
$238.30
+1.8%
$265.63
+11.5%
+61.0%$10.07B$751.89M-372.343,018Positive News
PAYC
Paycom Software
4.982 of 5 stars
$174.51
+0.2%
$246.31
+41.1%
-36.1%$10.14B$1.69B21.267,308Positive News
U
Unity Software
3.2628 of 5 stars
$23.04
+1.5%
$35.38
+53.6%
-25.5%$9.00B$2.19B-10.286,748
APPF
AppFolio
2.7411 of 5 stars
$247.19
-0.9%
$241.00
-2.5%
+67.6%$8.95B$620.45M119.421,504Positive News
MNDY
monday.com
2.7795 of 5 stars
$181.86
+0.3%
$240.00
+32.0%
+52.8%$8.78B$729.70M-2,597.631,168High Trading Volume
INFA
Informatica
3.5247 of 5 stars
$29.64
+0.7%
$35.45
+19.6%
+82.9%$8.75B$1.60B-1,482.005,000Positive News
GTLB
GitLab
3.7549 of 5 stars
$54.28
+1.9%
$70.73
+30.3%
+72.2%$8.61B$579.91M-19.742,130Analyst Forecast

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This page (NASDAQ:PCTY) was last updated on 5/20/2024 by MarketBeat.com Staff

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