According to TipRanks.com, Berg is a 5-star analyst with an average return of 6.7% and a 54.3% success rate. Berg covers the Technology sector, focusing on stocks such as Cornerstone Ondemand, Ceridian HCM Holding, and Tyler Technologies.
Currently, the analyst consensus on Paylocity is a Moderate Buy with an average price target of $148.58, a 78.2% upside from current levels. In a report issued on March 18, Craig-Hallum also upgraded the stock to Buy with a $125.00 price target.
Paylocity’s market cap is currently $4.41B and has a P/E ratio of 79.34. The company has a Price to Book ratio of 13.29.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Paylocity Holding Corp. engages in the development and provision of cloud-based software solution. It offers cloud-based payroll, human capital management applications, time labor tracking, benefits administration, and talent management. The company was founded on November 6, 2013 and is headquartered in Arlington Heights, IL.