The Panic-Proof Portfolio (Stockchase Research)
Paylocity Holding Corporation
PCTY-Q
TOP PICK
Dec 28, 2023
Stockchase Research Editor: Michael O'Reilly
The Illinois-based provider of cloud services for human resources, payroll, and capital management just acquired a headcount optimizing company to further broaden their services. The company has seen revenues grow over 200% over the past three years and earnings grow similarly to over $100 million annually. We recommend placing a stop-loss at $145, looking to achieve $203 -- upside potential of 21%. Yield 0%
The Illinois-based provider of cloud services for human resources, payroll, and capital management just acquired a headcount optimizing company to further broaden their services. The company has seen revenues grow over 200% over the past three years and earnings grow similarly to over $100 million annually. We recommend placing a stop-loss at $145, looking to achieve $203 -- upside potential of 21%. Yield 0%
(Analysts’ price target is $203.29)