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Paylocity (PCTY) Competitors

$142.17
-2.88 (-1.99%)
(As of 05/31/2024 ET)

PCTY vs. PAYC, GWRE, ESTC, CSOD, APPN, HUBS, VEEV, MSTR, ANSS, and TTWO

Should you be buying Paylocity stock or one of its competitors? The main competitors of Paylocity include Paycom Software (PAYC), Guidewire Software (GWRE), Elastic (ESTC), Cornerstone OnDemand (CSOD), Appian (APPN), HubSpot (HUBS), Veeva Systems (VEEV), MicroStrategy (MSTR), ANSYS (ANSS), and Take-Two Interactive Software (TTWO).

Paylocity vs.

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

87.8% of Paycom Software shares are owned by institutional investors. Comparatively, 94.8% of Paylocity shares are owned by institutional investors. 14.5% of Paycom Software 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.

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Paycom Software$1.69B4.99$340.79M$8.2117.70
Paylocity$1.17B6.83$140.82M$3.4441.33

Paycom Software received 152 more outperform votes than Paylocity when rated by MarketBeat users. However, 67.64% of users gave Paylocity an outperform vote while only 65.12% of users gave Paycom Software an outperform vote.

CompanyUnderperformOutperform
Paycom SoftwareOutperform Votes
687
65.12%
Underperform Votes
368
34.88%
PaylocityOutperform Votes
535
67.64%
Underperform Votes
256
32.36%

Paycom Software presently has a consensus target price of $246.31, indicating a potential upside of 69.50%. Paylocity has a consensus target price of $196.40, indicating a potential upside of 38.14%. Given Paylocity's higher possible upside, equities research analysts plainly believe Paycom Software is more favorable than Paylocity.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Paycom Software
0 Sell rating(s)
16 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.16
Paylocity
0 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53

In the previous week, Paycom Software had 11 more articles in the media than Paylocity. MarketBeat recorded 19 mentions for Paycom Software and 8 mentions for Paylocity. Paycom Software's average media sentiment score of 1.37 beat Paylocity's score of 0.66 indicating that Paylocity is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Paycom Software
10 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paylocity
6 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Paycom Software has a net margin of 26.91% compared to Paycom Software's net margin of 14.42%. Paylocity's return on equity of 32.84% beat Paycom Software's return on equity.

Company Net Margins Return on Equity Return on Assets
Paycom Software26.91% 32.84% 10.93%
Paylocity 14.42%22.08%5.03%

Paycom Software has a beta of 1.17, indicating that its stock price is 17% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 0.88, indicating that its stock price is 12% less volatile than the S&P 500.

Summary

Paycom Software beats Paylocity on 10 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$8.02B$21.00B$21.06B$7.97B
Dividend YieldN/A2.20%2.68%4.00%
P/E Ratio41.3354.16213.8715.18
Price / Sales6.838.12538.3593.40
Price / Cash39.2067.8430.1831.51
Price / Book7.308.746.404.59
Net Income$140.82M$366.04M$625.65M$213.90M
7 Day Performance-7.47%-3.21%-0.68%0.87%
1 Month Performance-4.74%-3.26%2.83%3.60%
1 Year Performance-16.97%4.86%27.61%7.91%

Paylocity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
PAYC
Paycom Software
4.987 of 5 stars
$163.59
-1.9%
$246.31
+50.6%
-48.1%$9.51B$1.69B19.937,308Analyst Upgrade
Insider Selling
GWRE
Guidewire Software
2.3993 of 5 stars
$119.92
-0.5%
$115.11
-4.0%
+37.1%$9.87B$905.34M-193.423,415Upcoming Earnings
Options Volume
ESTC
Elastic
2.4432 of 5 stars
$102.36
+2.2%
$116.05
+13.4%
+42.8%$10.32B$1.21B222.522,886Analyst Forecast
Short Interest ↑
News Coverage
Gap Up
CSOD
Cornerstone OnDemand
0 of 5 stars
$57.49
flat
N/AN/A$3.84B$740.92M-133.692,900
APPN
Appian
4.6127 of 5 stars
$29.67
-0.6%
$46.43
+56.5%
-33.7%$2.14B$545.36M-20.182,243Short Interest ↑
HUBS
HubSpot
3.6175 of 5 stars
$647.94
+1.5%
$640.04
-1.2%
+18.0%$33.02B$2.17B-244.507,663Insider Selling
Short Interest ↑
VEEV
Veeva Systems
4.9245 of 5 stars
$200.50
-1.3%
$234.90
+17.2%
+5.2%$32.34B$2.36B62.277,172Analyst Forecast
News Coverage
Gap Down
MSTR
MicroStrategy
3.3076 of 5 stars
$1,618.70
-3.4%
$1,793.00
+10.8%
+405.4%$28.72B$496.26M-241.601,934Analyst Forecast
Gap Up
ANSS
ANSYS
3.7906 of 5 stars
$322.44
-1.7%
$320.00
-0.8%
-1.9%$28.15B$2.27B64.756,200Positive News
TTWO
Take-Two Interactive Software
4.5429 of 5 stars
$159.68
+1.8%
$177.22
+11.0%
+16.4%$27.37B$5.35B-7.2612,371Positive News

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This page (NASDAQ:PCTY) was last updated on 6/1/2024 by MarketBeat.com Staff

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