Steven Sarowitz - Paylocity Holdng Chairman of the Board

PCTY Stock  USD 156.16  2.72  1.71%   

Chairman

Mr. Steven Ira Sarowitz is Chairman of the Board of the Company. Mr. Sarowitz is currently the Chief Executive Officer of Blue Marble Payroll, an international payroll aggregator. Prior to founding Paylocity, Mr. Sarowitz worked at Robert F. White, a Chicagobased independent payroll service firm. He later was an executive at three privatelyheld payroll companies. Mr. Sarowitz formerly served as President of the Independent Payroll Providers Association. Mr. Sarowitz holds a B.A. in Economics from the University of Illinois at Urbana. Mr. Sarowitz brings to our board of directors extensive executive leadership and operational experience in payroll services companies, and his experience and familiarity with our business as the founder and Chairman. since 2014.
Age 58
Tenure 10 years
Address 1400 American Lane, Schaumburg, IL, United States, 60173
Phone847 463 3200
Webhttps://www.paylocity.com
Sarowitz holds a B.A. in Economics from the University of Illinois at Urbana.

Steven Sarowitz Latest Insider Activity

Tracking and analyzing the buying and selling activities of Steven Sarowitz against Paylocity Holdng stock is an integral part of due diligence when investing in Paylocity Holdng. Steven Sarowitz insider activity provides valuable insight into whether Paylocity Holdng is net buyers or sellers over its current business cycle. Note, Paylocity Holdng insiders must abide by specific rules, including filing SEC forms every time they buy or sell Paylocity Holdng'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Paylocity Holdng Management Efficiency

The company has return on total asset (ROA) of 0.0327 % which means that it generated a profit of $0.0327 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.2013 %, meaning that it created $0.2013 on every $100 dollars invested by stockholders. Paylocity Holdng's management efficiency ratios could be used to measure how well Paylocity Holdng manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to rise to 0.04 in 2024. Return On Capital Employed is likely to rise to 0.16 in 2024. At this time, Paylocity Holdng's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 781.5 M in 2024, whereas Other Current Assets are likely to drop slightly above 38.3 M in 2024.
The company currently holds 62.47 M in liabilities with Debt to Equity (D/E) ratio of 0.13, which may suggest the company is not taking enough advantage from borrowing. Paylocity Holdng has a current ratio of 1.01, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Paylocity Holdng until it has trouble settling it off, either with new capital or with free cash flow. So, Paylocity Holdng's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paylocity Holdng sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paylocity to invest in growth at high rates of return. When we think about Paylocity Holdng's use of debt, we should always consider it together with cash and equity.

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Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company was founded in 1997 and is headquartered in Schaumburg, Illinois. Paylocity Holdings operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 5300 people. Paylocity Holdng (PCTY) is traded on NASDAQ Exchange in USA. It is located in 1400 American Lane, Schaumburg, IL, United States, 60173 and employs 6,100 people. Paylocity Holdng is listed under Application Software category by Fama And French industry classification.

Management Performance

Paylocity Holdng Leadership Team

Elected by the shareholders, the Paylocity Holdng's board of directors comprises two types of representatives: Paylocity Holdng inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paylocity. The board's role is to monitor Paylocity Holdng's management team and ensure that shareholders' interests are well served. Paylocity Holdng's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paylocity Holdng's outside directors are responsible for providing unbiased perspectives on the board's policies.
Edward Gaty, Sr. VP of Product Devel.
Ronald Waters, Independent Director
Ellen Carnahan, Independent Director
Ian Rogers, Principal Accounting Officer
Kathy Ross, VP Operations
Michael Haske, Sr. VP of Sales and Marketing
Mark Mishler, Independent Director
Steven Sarowitz, Chairman of the Board
Katherine Ross, Senior Operations
Alison Challman, Chief Officer
Meera Mehta, Chief Officer
Rachit Lohani, Chief Officer
Andres Reiner, Director
Peter McGrail, CFO
Ryan Glenn, CFO Treasurer
Joshua Scutt, Senior Sales
Toby Williams, CFO
Amber Livingston, VP Counsel
Jeffrey Diehl, Independent Director
Steven Beauchamp, CEO and President and Director
Josh Scutt, VP Sales
Nicholas Rost, VP Officer
Virginia Breen, Independent Director
Mark Kinsey, Sr. VP of Operations
Toby JD, CoCEO President
Andrew Cappotelli, Chief Accounting Officer

Paylocity Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paylocity Holdng a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Paylocity Holdng Investors Sentiment

The influence of Paylocity Holdng's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Paylocity. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Paylocity Holdng's public news can be used to forecast risks associated with an investment in Paylocity. The trend in average sentiment can be used to explain how an investor holding Paylocity can time the market purely based on public headlines and social activities around Paylocity Holdng. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paylocity Holdng's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paylocity Holdng's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paylocity Holdng's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paylocity Holdng.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paylocity Holdng in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paylocity Holdng's short interest history, or implied volatility extrapolated from Paylocity Holdng options trading.

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When determining whether Paylocity Holdng offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paylocity Holdng's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paylocity Holdng Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paylocity Holdng Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paylocity Holdng. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Paylocity Stock please use our How to Invest in Paylocity Holdng guide.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.
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Is Paylocity Holdng's industry 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
2.96
Revenue Per Share
23.083
Quarterly Revenue Growth
0.282
Return On Assets
0.0327
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.