Paylocity Holding Corporation provides cloud-based payroll and human capital management (HCM) software solutions for medium-sized organizations in the United States. It offers Paylocity Web Pay for enterprise-grade payroll processing and administration; Paylocity Web HR for employee record management and HR compliance and reporting; Talent Management for employee performance appraisal process and performance review; Paylocity Web Time, a time and attendance solution; and Paylocity Web Expense, an expense management tool designed to streamline and automate the expense management process. The company also provides Paylocity Web Benefits and Paylocity Enterprise Benefits, which are benefit management solutions that integrate with insurance carrier systems to provide automated administrative processes and allow users to choose benefit elections and make life event changes online, summarize benefit elections, and perform other benefit-related tasks, as well as enable premium reconciliation, management of voluntary benefits, and reporting. Paylocity Holding Corporation was founded in 1997 and is headquartered in Arlington Heights, Illinois.
(Summary) (Chart)
(Summary) (Chart)
| 19 August 2018 Price $68.92 1yr Target $70.08 Analysts 13 Dividend $0.00 Payout Ratio --- 1yr Cap Gain 1.68% Yield 0.00% 1yr Tot Return 1.68% | EPS (ttm) $0.70 EPS next yr $1.75 Forward P/E 39.38 EPS next 5yr 39.70% 1yr Price Support $69.47 Market Cap $3.48 Bil Revenues $377.50 Bil Earnings $38.60 Mil Profit Margin 10.22% | P/E 98.46 PEG 2.48 Beta 1.93 Quick Ratio 1.10 Current Ratio 1.10 Debt/Equity 0.00 ROA 2.70% ROE 21.30% |
 Daily Chart |  Weekly Chart |
My Strategy
This is an easy call - buy the shares and sell the options. But at $68 per share these are currently too expensive. A price closer to $60 would be a great buy and that's where I'd like to accumulate a position.
The question is how do I enter the trade. Since the shares seem to be bouncing off the 50 dma, I'll initially sell puts at that level and try to enter that way. If unsuccessful, an open market buy in that same area has potential. Once owned, the sale of covered calls would be the obvious next step.
This is an easy call - buy the shares and sell the options. But at $68 per share these are currently too expensive. A price closer to $60 would be a great buy and that's where I'd like to accumulate a position.
The question is how do I enter the trade. Since the shares seem to be bouncing off the 50 dma, I'll initially sell puts at that level and try to enter that way. If unsuccessful, an open market buy in that same area has potential. Once owned, the sale of covered calls would be the obvious next step.
Print 
PDF
RSS Feed
