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Stock impact report

2 Cash-Heavy Stocks Worth Investigating and 1 Facing Challenges [Yahoo! Finance]

Paylocity Holding Corporation (PCTY) 
Last paylocity holding corporation earnings: 2/4 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.paylocity.com/investor-relations
Company Research Source: Yahoo! Finance
Just because a business has cash doesn't mean it's a good investment. Luckily, StockStory is here to help you separate the winners from the losers. That said, here are two companies with net cash positions that can leverage their balance sheets to grow and one with hidden risks. Net Cash Position: $37.7 million (0.5% of Market Cap) Operating in a field where companies traditionally juggled multiple disconnected systems, Paylocity (NASDAQ:PCTY) provides cloud-based human capital management and payroll software solutions that help businesses manage their workforce and HR processes. Why Are We Wary of PCTY? Average ARR growth of 14.7% over the last year has disappointed, suggesting it's had a hard time winning long-term deals and renewals Estimated sales growth of 6.8% for the next 12 months implies demand will slow from its two-year trend Operating margin was unchanged over the last year, suggesting it failed to gain leverage on its fixed costs At $153.22 per share, Paylo Show less Read more
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