PAYLOCITY HOLDING: A MASSIVE OUTPERFORMER IN THE PAST 5 YEARS

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Paylocity Holding Corporation is a provider of payroll and human capital management software solutions. The company offers a suite of HCM solutions that includes payroll, benefits, talent management, and workforce management. PCLY has been a massive outperformer in the past 5 years, with the stock price increasing more than six-fold. PCLY is well-positioned to continue its strong performance in the future. The company has a large and growing addressable market, with its HCM solutions serving small- and medium-sized businesses.

In addition, PCLY has a strong financial position, with no debt and plenty of cash on its balance sheet. This gives the company the flexibility to invest in growth initiatives, such as acquisitions and product development, without having to worry about funding these activities. Overall, PCLY is a stock with significant relative strength that could be a leader in the next market reversal.

Stock Price

Paylocity Holding Intrinsic Value – On Tuesday, shares of Paylocity Holding ($NASDAQ:PCTY) Corporation opened at $235.8 and closed at $229.1, down by 3.3% from its previous closing price of $237.0. The company provides cloud-based human capital management solutions for businesses. Its solutions include payroll, benefits, talent management, and human resources management.

The company’s strong financial performance has been driven by the rapid adoption of its solutions by businesses of all sizes. Paylocity’s solutions are popular because they are easy to use and offer a wide range of features. Paylocity is a great long-term investment and that its stock will continue to outperform the market in the years to come.

VI Analysis – Paylocity Holding Intrinsic Value Calculator

The core principle of value investing is to buy stocks that are trading for less than their intrinsic value. This means that investors are looking for companies with sound fundamentals that are undervalued by the market. One way to find undervalued stocks is to use a stock screener that looks for companies with certain financial ratios that are below average. For example, the P/E ratio is a popular metric that is used to find undervalued stocks. Another way to find undervalued stocks is to use a stock valuation tool like the VI app. This app uses a proprietary valuation method called the VI Line to find stocks that are trading below their fair value.

The VI Line is calculated by taking a company’s earnings and dividing it by the sum of its debt and equity. This number is then divided by the number of shares outstanding. The resulting number is the fair value of the stock. The VI app currently lists PAYLOCITY HOLDING as being undervalued by 1%. This means that the fair value of the stock is around $230.8, while the stock is currently trading at $229.1.

VI Peers

Paylocity Holding Corp is a company that provides cloud-based software solutions for payroll and human capital management. The company competes with other companies in the same industry, such as Paycom Software Inc, Xero Ltd, and Paycor HCM Inc.

– Paycom Software Inc ($NYSE:PAYC)

Paycom Software Inc is a publicly traded company with a market cap of 17.93B as of 2022. The company has a Return on Equity of 19.62%. Paycom Software Inc is a provider of cloud-based human capital management software. The company’s software is used by businesses to manage payroll, benefits, and human resources.

– Xero Ltd ($ASX:XRO)

As of 2022, Xero Ltd has a market cap of 10.98B and a Return on Equity of 2.38%. The company provides an online accounting software for small businesses and their advisors. The software is designed to save businesses time and money by automating tasks such as bookkeeping, invoicing, and tax preparation.

– Paycor HCM Inc ($NASDAQ:PYCR)

Paycor HCM Inc is a provider of human capital management solutions. The company has a market cap of 4.91B as of 2022 and a Return on Equity of -6.69%. Paycor HCM Inc provides solutions for payroll, benefits, talent, and time and labor management. The company offers its solutions to businesses of all sizes in the United States.

Summary

Paylocity Holding Corporation is a provider of cloud-based payroll and human capital management software solutions. The company has a long history of delivering strong financial results, with revenue and earnings growth that has consistently outpaced the broader software industry. The company’s strong financial results have been the primary driver of this impressive stock price performance. Looking ahead, Paylocity is well-positioned for continued growth, thanks to its market-leading payroll and human capital management software solutions.

The company’s products are highly-rated by customers, and its sales team is among the most effective in the industry. With a strong track record of financial performance, Paylocity is an attractive investment for growth-oriented investors.