PCTY vs. CDAY, GWRE, DAY, CYBR, PAYC, U, APPF, MNDY, INFA, and GTLB
Should you be buying Paylocity stock or one of its competitors? The main competitors of Paylocity include Ceridian HCM (CDAY), Guidewire Software (GWRE), Dayforce (DAY), CyberArk Software (CYBR), Paycom Software (PAYC), Unity Software (U), AppFolio (APPF), monday.com (MNDY), Informatica (INFA), and GitLab (GTLB). These companies are all part of the "prepackaged software" industry.
Ceridian HCM (NYSE:CDAY) and Paylocity (NASDAQ:PCTY) are both mid-cap computer and technology companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk.
Paylocity has lower revenue, but higher earnings than Ceridian HCM. Paylocity is trading at a lower price-to-earnings ratio than Ceridian HCM, indicating that it is currently the more affordable of the two stocks.
94.8% of Paylocity shares are owned by institutional investors. 4.5% of Ceridian HCM 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.
Ceridian HCM currently has a consensus target price of $76.80, suggesting a potential upside of 21.27%. Paylocity has a consensus target price of $196.67, suggesting a potential upside of 13.70%. Given Paylocity's higher probable upside, analysts plainly believe Ceridian HCM is more favorable than Paylocity.
Paylocity has a net margin of 14.42% compared to Paylocity's net margin of 0.28%. Ceridian HCM's return on equity of 22.08% beat Paylocity's return on equity.
In the previous week, Paylocity had 2 more articles in the media than Ceridian HCM. MarketBeat recorded 5 mentions for Paylocity and 3 mentions for Ceridian HCM. Paylocity's average media sentiment score of 1.75 beat Ceridian HCM's score of 1.71 indicating that Ceridian HCM is being referred to more favorably in the media.
Paylocity received 234 more outperform votes than Ceridian HCM when rated by MarketBeat users. Likewise, 67.72% of users gave Paylocity an outperform vote while only 57.55% of users gave Ceridian HCM an outperform vote.
Ceridian HCM has a beta of 1.38, indicating that its share price is 38% more volatile than the S&P 500. Comparatively, Paylocity has a beta of 0.88, indicating that its share price is 12% less volatile than the S&P 500.
Summary
Paylocity beats Ceridian HCM on 13 of the 18 factors compared between the two stocks.
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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.
Skip ChartThis 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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