Paylocity Holding Corp (Nasdaq:PCTY) Sets 52 Week High Record

PCTY
PCTY

Paylocity Holding Corp (Nasdaq:PCTY)

May 17th, 2019

Amidst falling markets Paylocity Holding Corp finished Friday’s trading session down 2.22%, a ($2.30) decrease to close on $101.10. Despite the drop in price it hit a new 52 week high of $103.71.

PCTY was outperformed by the rest of the Information Technology sector which went down only -0.82%.

Expectations from 14 analysts suggest that Paylocity Holding Corp might go up somewhat (1.55%), while Finbox has calculated (with medium uncertainty) a fair value price of $105.00.

Market Sectors

The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.48%), while the Industrials sector saw the biggest drop (-1.10%). Information Technology has seen the biggest year-to-date gain of 22.31%.

Utilities saw the biggest turnaround compared to its 5-day performance (2.42%), as it went up by 0.48%. Energy and Materials saw turn arounds from their five day positive performances with Energy dropping -1.05%.

Sector Breakdown

  • Utilities, up 0.48%.
  • Real Estate, down -0.17%.
  • Healthcare, down -0.17%.
  • Consumer Staples, down -0.19%.
  • Communication Services, down -0.48%.
  • Materials, down -0.50%.
  • Financials, down -0.60%.
  • Consumer Discretionary, down -0.80%.
  • Information Technology, down -0.82%.
  • Energy, down -1.05%.
  • Industrials, down -1.10%.

Paylocity Holding Corp Info

Paylocity Holding Corporation provides cloud-based payroll and human capital management software solutions for medium-sized organizations in the United States. The company offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management, HR compliance and reporting, HR insight and analytics, and self-service portals; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. It also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting. In addition, the company offers third-party administrative services for clients designed to modernize the administration of flexible spending accounts, health savings accounts, transportation management accounts, premium only plans, and health reimbursement arrangements for their employees. Further, it provides implementation and training, client, and tax and regulatory services. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.

All amounts in USD unless otherwise indicated

PCTY daily update
PCTY daily update

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