Paylocity Competitors

Stocks . USA . 
Stock . Paylocity Holdng
PCTY Stock  USD 169.82  2.76  1.60%   
Paylocity Holdng competes with Paycor HCM, Blackbaud, Clearwater Analytics, Tyler Technologies, and Powerschool Holdings; as well as few others. The company conducts business under Software sector and is part of Information Technology industry. Analyzing Paylocity Holdng competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Paylocity Holdng to its intrinsic valuation because they are able to contrast its competitors on a relative basis. Check out Paylocity Holdng Correlation with its peers.
For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Paylocity Holdng competition on your existing holdings.
  
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Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paylocity Holdng's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
167.76169.82171.88
Details
Intrinsic
Valuation
LowRealHigh
149.08151.14186.80
Details
Naive
Forecast
LowNextHigh
165.64167.70169.76
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
149.43164.20178.98
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Paylocity Holdng. Your research has to be compared to or analyzed against Paylocity Holdng's peers to derive any actionable benefits. When done correctly, Paylocity Holdng's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Paylocity Holdng.

Paylocity Holdng Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Paylocity Holdng and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Paylocity and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Paylocity Holdng does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio
High positive correlations   
BSY
+ 0.8
TYL
ALKT
+ 0.78
TYL
ALKT
+ 0.69
CWAN
BSY
+ 0.69
ALKT
SSNC
+ 0.65
CWAN
SSNC
+ 0.64
PWSC
  
High negative correlations   
PWSC
- 0.7
BLKB
BLKB
- 0.65
PYCR
BSY
- 0.63
PYCR
TYL
- 0.59
PYCR
ALKT
- 0.56
PYCR
SSNC
- 0.51
BLKB

Risk-Adjusted Indicators

There is a big difference between Paylocity Stock performing well and Paylocity Holdng Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Paylocity Holdng's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean DeviationJensen AlphaSortino RatioTreynor RatioSemi DeviationExpected ShortfallPotential UpsideValue @RiskMaximum Drawdown
PYCR  1.57 (0.61) 0.00 (1.80) 0.00 
 0.00 
 2.27 
(3.25)
 18.78 
BLKB  1.28  0.14  0.10  0.19  1.35 
(1.51)
 3.11 
(2.40)
 7.83 
CWAN  1.43 (0.12) 0.00 (0.06) 0.00 
 0.00 
 2.82 
(3.19)
 12.58 
TYL  0.92  0.14  0.09  0.23  1.17 
(0.93)
 1.94 
(1.96)
 10.11 
PWSC  1.64 (0.20) 0.00 (0.12) 0.00 
 0.00 
 3.44 
(3.87)
 20.46 
ALKT  1.67  0.13  0.04  0.56  1.73 
(2.00)
 3.71 
(3.33)
 13.22 
MNTV  0.90  0.51  2.28 (2.47) 0.00 
(1.77)
 0.43 
(0.21)
 20.63 
AZPN  1.61  0.24  0.14  0.20  1.72 
(1.70)
 4.12 
(2.98)
 12.53 
BSY  1.44 (0.07)(0.01) 0.02  2.35 
(1.34)
 2.84 
(3.54)
 8.95 
SSNC  0.67 (0.07) 0.00 (0.04) 0.00 
 0.00 
 1.11 
(1.30)
 4.55 

Paylocity Holdng Competitive Analysis

The better you understand Paylocity Holdng competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Paylocity Holdng's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Paylocity Holdng's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
PCTY PYCR BLKB CWAN TYL PWSC ALKT MNTV AZPN BSY
 1.60 
 169.82 
Paylocity
 1.27 
 13.96 
Paycor
 0.35 
 79.64 
Blackbaud
 0.21 
 19.08 
Clearwater
 0.31 
 497.51 
Tyler
 1.69 
 21.04 
Powerschool
 1.69 
 27.94 
Alkami
 0.00 
 9.45 
Momentive
 0.26 
 220.71 
Aspen
 6.12 
 53.25 
Bentley
Market Volatility
(90 Days Market Risk)
Very steady
Not too volatile
Very steady
Not too volatile
Very steady
Not too volatile
Very steady
Very steady
Very steady
Very steady
Market Performance
(90 Days Performance)
Very Weak
Very Weak
Good
Very Weak
OK
Very Weak
Modest
Very Weak
OK
Weak
Odds of Financial Distress
(Probability Of Bankruptcy)
Low
Low
Low
Low
Very Small
About Average
Low
Dangerous
Below Average
Below Average
Current Valuation
(Equity Enterprise Value)
Over Valued
Under Valued
Under Valued
Under Valued
Fairly Valued
Over Valued
Fairly Valued
Over Valued
Under Valued
Fairly Valued
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Not Available
Buy
Buy
Strong Buy
Not Available
Not Available
Not Available
Buy
Strong Buy
Trade Advice
(90 Days Macroaxis Advice)
Strong Hold
Cautious Hold
Strong Buy
Strong Hold
Strong Hold
Hold
Cautious Hold
Not Rated
Strong Buy
Cautious Hold
Current Ratio
1.03
1.06
0.73
11.92
1.06
0.32
6.97
0.87
3.48
0.6
Net Asset
3.7 B
2.54 B
2.91 B
558.74 M
4.68 B
3.92 B
414.35 M
810.15 M
14.49 B
3.32 B
Profit Margin
0.14
-0.11
0.0194
-0.0397
0.095
-0.0537
-0.2
-0.16
-0.0246
0.28
EBITDA
215.89 M
35.35 M
154.19 M
(6.82 M)
389.3 M
159.91 M
(52.81 M)
(42.69 M)
308.35 M
315.98 M
Operating Margin
0.0543
0.0399
0.0836
-0.0016
0.13
0.0277
-0.16
-0.0948
-0.0694
0.28
Current Valuation
9.6 B
2.41 B
5.1 B
4.02 B
21.51 B
4.82 B
2.75 B
1.21 B
13.96 B
19.31 B
Price To Book
9.6
2.47
5.07
9.72
5.97
2.45
7.22
4.5
1.05
16.21
Retained Earnings
466.69 M
(489.5 M)
198.87 M
(181.33 M)
1.6 B
(218.39 M)
(435.37 M)
(707.44 M)
(41.39 M)
(161.93 M)
Current Asset
1.34 B
N/A
399.11 M
N/A
268.21 M
N/A
N/A
N/A
240.14 M
N/A
Five Year Return
N/A
N/A
0.59
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Beta
0.88
0.54
1.02
0.49
0.76
0.98
0.4
1.57
0.76
1.08
Number Of Employees
6.1 K
2.8 K
3 K
1.76 K
7.3 K
3.56 K
917
1.4 K
3.9 K
5.2 K
Shares Outstanding
56.43 M
178.21 M
51.63 M
146.22 M
42.46 M
166 M
97.52 M
150.69 M
63.33 M
288.46 M
Cash Flow From Operations
282.72 M
48.12 M
199.63 M
84.6 M
380.44 M
170.59 M
(17.84 M)
8.8 M
299.21 M
416.7 M
Annual Yield
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.0095
0.0042
Total Debt
62.47 M
16.06 M
819.75 M
72.08 M
696.89 M
838.02 M
19.26 M
182.92 M
68.37 M
1.57 B
Return On Equity
0.21
-0.0543
0.0347
-0.0406
0.0663
-0.0271
-0.18
-0.26
-0.0021
0.45
Z Score
N/A
N/A
N/A
N/A
N/A
N/A
N/A
3.83
N/A
N/A
Return On Asset
0.0337
-0.0162
0.0304
0.0056
0.0329
0.0061
-0.0833
-0.0342
-0.0054
0.0517
Number Of Shares Shorted
2.64 M
7.16 M
877.66 K
7.49 M
1.01 M
8.22 M
1.11 M
7.43 M
1.52 M
10.58 M
Book Value Per Share
19.48
7.25
10.57
1.65
71.23
7.79
3.31
1.89
202.01
2.96
Current Liabilities
1.27 B
N/A
566.3 M
N/A
337.57 M
N/A
N/A
N/A
164.02 M
N/A
Total Asset
3.7 B
2.54 B
2.91 B
558.74 M
4.68 B
3.92 B
414.35 M
810.15 M
14.49 B
3.32 B
Debt To Equity
0.13
0.037
1.38
0.25
0.45
0.48
0.25
0.86
0.026
3.78
Short Ratio
7.16
8.4
3.07
8.07
4.05
8.84
4.73
5.15
8.79
5.08
Target Price
193.86
23.67
83.12
22.25
498.81
25.26
29.67
9.48
223.01
61.25
Last Dividend Paid
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
0.21
Shares Owned By Institutions
83.36
99.25
98.34
99.24
96.62
99.15
55.04
80.69
47.11
43.14
Market Capitalization
9.74 B
2.49 B
4.13 B
5.31 B
21.06 B
3.44 B
2.82 B
1.42 B
14.01 B
17.02 B
Price To Earning
180.98
N/A
N/A
N/A
75.55
N/A
N/A
N/A
62.82
118.25
Price To Earnings To Growth
1.48
1.63
0.12
1.88
2.32
2.32
N/A
-6.44
4.81
4.73
Price To Sales
7.33
5.19
3.71
11.93
8.99
4.37
8.86
2.33
12.72
11.66
Net Income
140.82 M
(93.22 M)
1.82 M
(21.63 M)
165.92 M
(31.14 M)
(62.91 M)
(89.89 M)
(107.76 M)
326.79 M
Earnings Per Share
3.45
-0.4
0.41
-0.08
4.41
-0.24
-0.61
-0.52
-0.42
1.08
Shares Owned By Insiders
20.55
0.75
2.15
0.76
0.55
0.85
31.88
13.46
57.93
46.68
Revenue
1.17 B
552.69 M
1.11 B
368.17 M
1.95 B
697.65 M
264.83 M
480.92 M
1.04 B
1.23 B
Working Capital
273.64 M
79.35 M
(267.38 M)
335.2 M
(140.55 M)
(360.79 M)
109.16 M
(26.5 M)
480.64 M
(340.81 M)
Cash And Equivalents
139.76 M
133.04 M
29.03 M
281.65 M
173.86 M
15.45 M
213.35 M
209.45 M
382.46 M
93.41 M
Cash Per Share
2.53
0.76
0.56
1.5
5.42
0.1
2.34
1.42
5.93
0.3
Gross Profit
807.56 M
365.55 M
557.12 M
215.64 M
783.86 M
420.73 M
108.32 M
395.27 M
331.87 M
868.7 M
Day Typical Price
170.69
14.01
79.63
19.02
497.9
20.84
28.0
9.45
220.97
52.97
Accumulation Distribution
0.0217
0.0212
0.0095
0.0193
0.0096
0.029
0.0271
N/A
0.0122
0.0326
Market Facilitation Index
3.75
0.3
0.76
0.37
4.78
0.61
0.77
N/A
2.72
1.75
Daily Balance Of Power
(0.74)
(0.60)
(0.37)
0.1081
0.3201
0.5738
(0.62)
0.0
(0.21)
(1.98)
Period Momentum Indicator
(2.76)
(0.18)
(0.28)
0.04
1.53
0.35
(0.48)
N/A
(0.57)
(3.47)
Rate Of Daily Change
0.98
0.99
1.0
1.0
1.0
1.02
0.98
1.0
1.0
0.94
Day Median Price
171.13
14.03
79.62
18.99
498.1
20.75
28.03
9.45
221.1
52.84
Price Action Indicator
(2.69)
(0.16)
(0.12)
0.11
0.17
0.47
(0.32)
N/A
(0.67)
(1.32)
Relative Strength Index
53.73
27.8
60.08
58.8
71.35
61.0
58.91
69.58
60.04
50.5
Coefficient Of Variation
(16,328)
(439.93)
708.2
(4,895)
750.7
(2,462)
1411.84
531.45
594.1
4164.98
Mean Deviation
1.2
1.57
1.28
1.43
0.9175
1.64
1.67
0.897
1.61
1.44
Jensen Alpha
(0.08)
(0.61)
0.1413
(0.12)
0.1434
(0.20)
0.1304
0.5086
0.2401
(0.07)
Total Risk Alpha
(0.27)
(0.88)
0.0274
(0.33)
0.014
(0.46)
(0.12)
0.1774
0.1008
(0.20)
Sortino Ratio
N/A
N/A
0.1031
N/A
0.0907
N/A
0.0421
2.28
0.1429
(0.01)
Downside Variance
N/A
N/A
2.2
N/A
2.27
N/A
3.67
0.0352
4.27
5.98
Standard Deviation
2.06
2.53
1.64
2.3
1.61
2.86
2.24
2.68
2.22
2.03
Kurtosis
18.09
19.34
0.5024
10.84
16.27
13.76
3.37
47.05
1.38
2.16
Potential Upside
2.05
2.27
3.11
2.82
1.94
3.44
3.71
0.4278
4.12
2.84
Treynor Ratio
(0.03)
(1.80)
0.1889
(0.06)
0.2269
(0.12)
0.5552
(2.47)
0.2009
0.0244
Maximum Drawdown
14.72
18.78
7.83
12.58
10.11
20.46
13.22
20.63
12.53
8.95
Variance
4.25
6.41
2.67
5.29
2.6
8.17
5.02
7.2
4.91
4.11
Market Risk Adjusted Performance
(0.02)
(1.79)
0.1989
(0.05)
0.2369
(0.11)
0.5652
(2.46)
0.2109
0.0344
Risk Adjusted Performance
0.0037
(0.12)
0.0877
(0)
0.083
(0.02)
0.0482
0.1161
0.1042
0.021
Skewness
3.09
(3.34)
(0.07)
(1.17)
2.17
1.74
1.04
6.66
0.4701
(1.04)
Semi Deviation
N/A
N/A
1.35
N/A
1.17
N/A
1.73
0.0
1.72
2.35
Information Ratio
(0.04)
(0.26)
0.0935
(0.05)
0.0848
(0.07)
0.036
0.1591
0.1331
(0.01)
Value At Risk
(2.67)
(3.25)
(2.40)
(3.19)
(1.96)
(3.87)
(3.33)
(0.21)
(2.98)
(3.54)
Expected Short fall
N/A
N/A
(1.51)
N/A
(0.93)
N/A
(2.00)
(1.77)
(1.70)
(1.34)
Downside Deviation
N/A
N/A
1.48
N/A
1.51
N/A
1.92
0.1876
2.07
2.44
Semi Variance
N/A
N/A
1.83
N/A
1.37
N/A
2.98
(0.49)
2.95
5.51

Paylocity Holdng Competition Performance Charts

Five steps to successful analysis of Paylocity Holdng Competition

Paylocity Holdng's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Paylocity Holdng in relation to its competition. Paylocity Holdng's competition analysis typically involves several steps, including:
  • Identifying the key players in the market: This involves identifying the major competitors of Paylocity Holdng in the market, both direct and indirect, as well as new entrants and disruptive technologies.
  • Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
  • Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Paylocity Holdng's competitive landscape.
  • Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Paylocity Holdng, and developing a strategy to address them.
  • Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
Competitive analysis is an essential tool for businesses to stay ahead of the competition and can be used to inform decision-making and strategy development. By understanding the competitive landscape and staying informed about the activities of competitors, a company can make more informed decisions and improve its overall performance.

Complement your Paylocity Holdng position

In addition to having Paylocity Holdng in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Cancer Fighters Theme
Biotech and medical diagnostic companies that work on researching drugs or manufacturing of medical and therapeutics equipment that is directly related to the research, treatment, and detection of cancer or cancer related diseases. The Cancer Fighters theme has 60 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Cancer Fighters Theme or any other thematic opportunities.
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When determining whether Paylocity Holdng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paylocity Holdng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paylocity Holdng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paylocity Holdng Stock:
How To Invest In Paylocity
Details
Is Paylocity Stock a good investment?
Details
What is Paylocity Holdng's Net Worth?
Details
Largest Business Services Companies
View
Largest Software - Application Companies
View
Check out Paylocity Holdng Correlation with its peers.
For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.

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When running Paylocity Holdng's price analysis, check to measure Paylocity Holdng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paylocity Holdng is operating at the current time. Most of Paylocity Holdng's value examination focuses on studying past and present price action to predict the probability of Paylocity Holdng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paylocity Holdng's price. Additionally, you may evaluate how the addition of Paylocity Holdng to your portfolios can decrease your overall portfolio volatility.
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Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Is Paylocity Holdng's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paylocity Holdng. If investors know Paylocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paylocity Holdng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Paylocity Holdng is measured differently than its book value, which is the value of Paylocity that is recorded on the company's balance sheet. Investors also form their own opinion of Paylocity Holdng's value that differs from its market value or its book value, called intrinsic value, which is Paylocity Holdng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paylocity Holdng's market value can be influenced by many factors that don't directly affect Paylocity Holdng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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Please note, there is a significant difference between Paylocity Holdng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paylocity Holdng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paylocity Holdng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
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