PCTY
$112.52+1.62 (+1.46%)
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States.
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Fundamentals
Paylocity Holding Corporation provides cloud-based human capital management, payroll software, and spend management solutions for the workforce in the United States. The company offers payroll solutions comprising payroll and tax services, global pay...
Recent News
1 Software Stock for Long-Term Investors and 2 We Brush Off
Software is rapidly reducing operating expenses for businesses. In the past, the undeniable tailwinds fueling SaaS companies led to lofty valuation multiples that made it easier to raise capital. But this was a double-edged sword as the high prices exposed them to big drawdowns, and unfortunately, the industry has tumbled by 25.1% over the last six months. This drawdown was seriously discouraging since the S&P 500 held steady.
Investor Sells Off SaaS Stock Down 43% This Past Year Despite $1.7 Billion Revenue Guidance
This SaaS provider delivers cloud-based payroll and HR solutions to U.S. organizations across diverse sectors.
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