Paylocity (PCTY) Competitors

$166.94
+3.32 (+2.03%)
(As of 05/13/2024 ET)

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

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

Paylocity vs.

Guidewire Software (NYSE:GWRE) 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 analyst recommendations, valuation, community ranking, media sentiment, profitability, risk, dividends, earnings and institutional ownership.

Guidewire Software has a beta of 1.14, suggesting that its stock price is 14% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 0.88, suggesting that its stock price is 12% less volatile than the S&P 500.

Paylocity has higher revenue and earnings than Guidewire Software. Guidewire 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
Guidewire Software$925.75M10.35-$111.86M-$0.62-187.66
Paylocity$1.17B8.02$140.82M$3.4448.53

94.8% of Paylocity shares are held by institutional investors. 0.4% of Guidewire Software shares are held by company insiders. Comparatively, 22.5% of Paylocity shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

In the previous week, Paylocity had 3 more articles in the media than Guidewire Software. MarketBeat recorded 7 mentions for Paylocity and 4 mentions for Guidewire Software. Paylocity's average media sentiment score of 1.25 beat Guidewire Software's score of 0.62 indicating that Guidewire Software is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Guidewire Software
3 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Paylocity
1 Very Positive mention(s)
2 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Paylocity received 129 more outperform votes than Guidewire Software when rated by MarketBeat users. Likewise, 67.72% of users gave Paylocity an outperform vote while only 63.74% of users gave Guidewire Software an outperform vote.

CompanyUnderperformOutperform
Guidewire SoftwareOutperform Votes
406
63.74%
Underperform Votes
231
36.26%
PaylocityOutperform Votes
535
67.72%
Underperform Votes
255
32.28%

Paylocity has a net margin of 14.42% compared to Paylocity's net margin of -5.48%. Guidewire Software's return on equity of 22.08% beat Paylocity's return on equity.

Company Net Margins Return on Equity Return on Assets
Guidewire Software-5.48% -3.60% -2.22%
Paylocity 14.42%22.08%5.03%

Guidewire Software currently has a consensus price target of $115.11, suggesting a potential downside of 1.06%. Paylocity has a consensus price target of $196.67, suggesting a potential upside of 17.81%. Given Guidewire Software's higher probable upside, analysts plainly believe Paylocity is more favorable than Guidewire Software.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Guidewire Software
0 Sell rating(s)
0 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
3.00
Paylocity
0 Sell rating(s)
7 Hold rating(s)
8 Buy rating(s)
0 Strong Buy rating(s)
2.53

Summary

Paylocity beats Guidewire Software 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$9.42B$21.07B$20.21B$7.80B
Dividend YieldN/A2.06%2.76%3.93%
P/E Ratio48.5374.92253.6718.30
Price / Sales8.029.92535.9976.30
Price / Cash44.2265.8428.9628.46
Price / Book11.089.767.134.42
Net Income$140.82M$363.55M$631.40M$216.34M
7 Day Performance-2.41%-0.73%0.13%-0.35%
1 Month Performance-0.67%0.09%1.20%0.43%
1 Year Performance2.23%19.35%32.08%10.03%

Paylocity Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
GWRE
Guidewire Software
2.1151 of 5 stars
$116.65
-0.1%
$115.11
-1.3%
+48.1%$9.60B$905.34M-188.143,415Positive News
DAY
Dayforce
2.5966 of 5 stars
$59.18
+1.7%
$73.40
+24.0%
N/A$9.34B$1.51B179.349,084
U
Unity Software
3.235 of 5 stars
$25.33
-0.6%
$37.03
+46.2%
-23.5%$9.78B$2.19B-11.736,748Analyst Forecast
MNDY
monday.com
3.6849 of 5 stars
$190.37
-2.1%
$240.00
+26.1%
+38.3%$9.19B$729.70M-2,719.181,168Upcoming Earnings
CDAY
Ceridian HCM
2.9544 of 5 stars
$58.17
+1.5%
$76.80
+32.0%
+5.4%$9.08B$1.45B1,939.658,526Positive News
CYBR
CyberArk Software
2.8211 of 5 stars
$237.47
+0.8%
$265.63
+11.9%
+65.5%$10.04B$751.89M-371.053,018
APPF
AppFolio
2.788 of 5 stars
$248.49
+0.5%
$241.00
-3.0%
+76.5%$9.00B$620.45M120.041,504Short Interest ↑
Positive News
INFA
Informatica
3.9777 of 5 stars
$29.93
-0.3%
$35.45
+18.5%
+100.1%$8.83B$1.62B-1,496.505,000Short Interest ↓
PAYC
Paycom Software
4.9713 of 5 stars
$176.47
+1.2%
$246.31
+39.6%
-35.2%$10.25B$1.69B21.497,308Analyst Downgrade
GTLB
GitLab
3.9136 of 5 stars
$53.46
-3.2%
$70.73
+32.3%
+85.4%$8.48B$579.91M-19.442,130Short Interest ↑

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This page (NASDAQ:PCTY) was last updated on 5/14/2024 by MarketBeat.com Staff

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