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9.96810207335616E-05 -0.00139553429027114 -0.0015948963317384 -0.000473484848484843 0.00184409888357259 -0.000797448165869201 0.00241726475279099 0.00338915470494407
Stock impact report

3 Reasons PCTY is Risky and 1 Stock to Buy Instead [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
This might have investors contemplating their next move. Is now the time to buy Paylocity, or should you be careful about including it in your portfolio? See what our analysts have to say in our full research report, it's free Why Is Paylocity Not Exciting? Even though the stock has become cheaper, we don't have much confidence in Paylocity. Here are three reasons you should be careful with PCTY and a stock we'd rather own. 1. Weak ARR Points to Soft Demand While reported revenue for a software company can include low-margin items like implementation fees, annual recurring revenue (ARR) is a sum of the next 12 months of contracted revenue purely from software subscriptions, or the high-margin, predictable revenue streams that make SaaS businesses so valuable. Paylocity's ARR came in at $387 million in Q4, and over the last four quarters, its year-on-year growth averaged 13.4%. This performance slightly lagged the sector and suggests that increasing competition is causing c Show less Read more
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