Paylocity Holdng Gross Profit vs. Number Of Shares Shorted
| PCTY Stock | USD 203.58 0.03 0.01% |
Gross Profit | First Reported 2012-06-30 | Previous Quarter 240.4 M | Current Value 248 M | Quarterly Volatility 76.8 M |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Gross Profit Margin | 0.47 | 0.685 |
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For Paylocity Holdng profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Paylocity Holdng to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Paylocity Holdng utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Paylocity Holdng's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Paylocity Holdng over time as well as its relative position and ranking within its peers.
Paylocity |
Paylocity Holdng's Revenue Breakdown by Earning Segment
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Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paylocity Holdng. If investors know Paylocity will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paylocity Holdng listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.333 | Earnings Share 3.36 | Revenue Per Share 25.802 | Quarterly Revenue Growth 0.282 | Return On Assets 0.0455 |
The market value of Paylocity Holdng is measured differently than its book value, which is the value of Paylocity that is recorded on the company's balance sheet. Investors also form their own opinion of Paylocity Holdng's value that differs from its market value or its book value, called intrinsic value, which is Paylocity Holdng's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paylocity Holdng's market value can be influenced by many factors that don't directly affect Paylocity Holdng's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paylocity Holdng's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paylocity Holdng is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paylocity Holdng's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Paylocity Holdng Number Of Shares Shorted vs. Gross Profit Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Paylocity Holdng's current stock value. Our valuation model uses many indicators to compare Paylocity Holdng value to that of its competitors to determine the firm's financial worth. Paylocity Holdng is rated below average in gross profit category among its peers. It is rated below average in number of shares shorted category among its peers . The ratio of Gross Profit to Number Of Shares Shorted for Paylocity Holdng is about 708.20 . At this time, Paylocity Holdng's Gross Profit is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Paylocity Holdng's earnings, one of the primary drivers of an investment's value.Paylocity Number Of Shares Shorted vs. Gross Profit
Gross Profit is the most basic measure of business operational efficiency. It is simply the difference between sales revenue and the cost associated with making a product or providing a service. It is calculated before deducting administrative expenses, taxes, and interest payments.
Paylocity Holdng |
| = | 807.56 M |
Gross Profit varies significantly from one sector to another and tells an investor how much money a business would have made if it didn't have to pay any overhead expenses such as salary, taxes, or rent.
Number of Shares Shorted is the total amount of shares that are currently sold short by investors. When a stock is sold short, the short seller assumes the responsibility of repurchasing the stock at a lower price. The speculator will make money if the stock goes down in price or will experience a loss if the stock price goes up.
Paylocity Holdng |
| = | 1.14 M |
If a large number of investors decide to short sell an equity instrument within a small period of time, their combined action can significantly affect the price of the stock.
Paylocity Number Of Shares Shorted Comparison
Paylocity Holdng is currently under evaluation in number of shares shorted category among its peers.
Paylocity Holdng Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Paylocity Holdng, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Paylocity Holdng will eventually generate negative long term returns. The profitability progress is the general direction of Paylocity Holdng's change in net profit over the period of time. It can combine multiple indicators of Paylocity Holdng, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -936 K | -982.8 K | |
| Operating Income | 260.1 M | 273.1 M | |
| Income Before Tax | 277 M | 290.9 M | |
| Total Other Income Expense Net | 16.9 M | 17.8 M | |
| Net Income | 206.8 M | 217.1 M | |
| Income Tax Expense | 70.2 M | 73.8 M | |
| Net Income Applicable To Common Shares | 161.9 M | 170 M | |
| Net Income From Continuing Ops | 206.8 M | 217.1 M | |
| Non Operating Income Net Other | -1.1 M | -1 M | |
| Change To Netincome | 181.8 M | 190.9 M | |
| Net Income Per Share | 3.68 | 3.86 | |
| Income Quality | 1.86 | 1.95 | |
| Net Income Per E B T | 0.75 | 0.71 |
Paylocity Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Paylocity Holdng. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Paylocity Holdng position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Paylocity Holdng's important profitability drivers and their relationship over time.
Use Paylocity Holdng in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Paylocity Holdng position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Paylocity Holdng will appreciate offsetting losses from the drop in the long position's value.Paylocity Holdng Pair Trading
Paylocity Holdng Pair Trading Analysis
The ability to find closely correlated positions to Paylocity Holdng could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Paylocity Holdng when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Paylocity Holdng - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Paylocity Holdng to buy it.
The correlation of Paylocity Holdng is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Paylocity Holdng moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Paylocity Holdng moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Paylocity Holdng can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Paylocity Holdng position
In addition to having Paylocity Holdng in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Additional Tools for Paylocity Stock Analysis
When running Paylocity Holdng's price analysis, check to measure Paylocity Holdng's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paylocity Holdng is operating at the current time. Most of Paylocity Holdng's value examination focuses on studying past and present price action to predict the probability of Paylocity Holdng's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paylocity Holdng's price. Additionally, you may evaluate how the addition of Paylocity Holdng to your portfolios can decrease your overall portfolio volatility.