Published on 29 Jan 2024 on Simply Wall St. via Yahoo Finance
Why Paylocity Holding Corporation (NASDAQ:PCTY) Could Be Worth Watching
Paylocity Holding Corporation (NASDAQ:PCTY), is not the largest company out there, but it saw a double-digit share price rise of over 10% in the past couple of months on the NASDAQGS. The recent rally in share prices has nudged the company in the right direction, though it still falls short of its yearly peak. As a mid-cap stock with high coverage by analysts, you could assume any recent changes in the company’s outlook is already priced into the stock. However, what if the stock is still a bargain? Let’s examine Paylocity Holding’s valuation and outlook in more detail to determine if there’s still a bargain opportunity.
See our latest analysis for Paylocity Holding
What's The Opportunity In Paylocity Holding?