Paylocity Holding Corporation

PCTY

US70438V1061

Software

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
157.1 ^USD	+0.31%		-0.10%	-4.73%

Apr. 08	UBS Raises Paylocity's Price Target to $175 From $160, Maintains Neutral Rating	MT
Apr. 05	Katherine Ross No Longer Serve as the Senior Vice President of Operations of Paylocity Holding Corporation	CI

Paylocity Holding Corporation Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023

February 08, 2024 at 04:08 pm EST

Paylocity Holding Corporation reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported revenue was USD 326.36 million compared to USD 273.01 million a year ago. Net income was USD 38.12 million compared to USD 15.6 million a year ago. Basic earnings per share from continuing operations was USD 0.68 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.67 compared to USD 0.28 a year ago.
For the six months, revenue was USD 643.95 million compared to USD 526.29 million a year ago. Net income was USD 72.63 million compared to USD 45.95 million a year ago. Basic earnings per share from continuing operations was USD 1.29 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 1.28 compared to USD 0.81 a year ago.

Latest news about Paylocity Holding Corporation

UBS Raises Paylocity's Price Target to $175 From $160, Maintains Neutral Rating	Apr. 08	MT
Katherine Ross No Longer Serve as the Senior Vice President of Operations of Paylocity Holding Corporation	Apr. 05	CI
Paylocity Holding Insider Sold Shares Worth $4,649,079, According to a Recent SEC Filing	Mar. 14	MT
Paylocity Holding Insider Sold Shares Worth $394,592, According to a Recent SEC Filing	Mar. 14	MT
Paylocity Holding Insider Sold Shares Worth $3,376,450, According to a Recent SEC Filing	Mar. 13	MT
Transcript : Paylocity Holding Corporation Presents at 45th Annual Raymond James Institutional Investors Conference 2024, Mar-06-2024 10:25 AM	Mar. 06
Paylocity Holding Insider Sold Shares Worth $1,295,530, According to a Recent SEC Filing	Mar. 05	MT
Paylocity Adds Craig Conway to Board of Directors	Mar. 04	CI
Paylocity Holding Insider Sold Shares Worth $1,202,971, According to a Recent SEC Filing	Feb. 22	MT
Paylocity Holding Insider Sold Shares Worth $2,531,261, According to a Recent SEC Filing	Feb. 21	MT
Paylocity Holding Insider Sold Shares Worth $1,353,216, According to a Recent SEC Filing	Feb. 15	MT
Mizuho Adjusts Price Target on Paylocity to $155 From $170, Keeps Neutral Rating	Feb. 09	MT
Piper Sandler Adjusts Paylocity Price Target to $210 From $207, Maintains Overweight Rating	Feb. 09	MT
Transcript : Paylocity Holding Corporation, Q2 2024 Earnings Call, Feb 08, 2024	Feb. 08
Paylocity Q2 Non-GAAP Net Income, Revenue Rise; Fiscal 2024 Sales Outlook Revised; Shares Fall After-Hours	Feb. 08	MT
Earnings Flash (PCTY) PAYLOCITY CORPORATION Reports Q2 Revenue $326.4M, vs. Street Est of $324.4M	Feb. 08	MT
Earnings Flash (PCTY) PAYLOCITY CORPORATION Reports Q2 EPS $1.49, vs. Street Est of $1.28	Feb. 08	MT
Paylocity Holding Corporation Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2023	Feb. 08	CI
Paylocity Holding Corporation Provides Earnings Guidance for the Third Quarter and Full Year of Fiscal Year 2024	Feb. 08	CI
BTIG Starts Paylocity With Buy Rating, $200 Price Target	Feb. 06	MT
Paylocity Introduces New Artificial Intelligence Features	Jan. 17	MT
North American Morning Briefing : Boeing Drags -2-	Jan. 08	DJ
Jefferies Downgrades Paylocity to Hold From Buy, Cuts Price Target to $180 From $240	Jan. 05	MT
Paylocity Holding Insider Sold Shares Worth $370,879, According to a Recent SEC Filing	Dec. 18	MT
TD Cowen Adjusts Price Target on Paylocity Holding to $185 From $195, Maintains Outperform Rating	Dec. 11	MT

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Company Profile

Paylocity Holding Corporation is a cloud-based provider of human capital management (HCM) and payroll software solutions. The Companyâs services are provided in a software-as-a-service (SaaS) delivery mode. Its HCM and payroll software solutions deliver a unified platform for the modern workplace. It offers a product suite that helps businesses attract and retain talent, build culture and connections with their employees and streamline and automate Human Resources (HR) and payroll processes. The Company's product suite comprises payroll, human resources, time & labor, talent, benefits, employee experiences, insights & recommendations, implementation and training services and tax and regulatory services. Its software solutions offer its clients automated data integration with third-party partner systems in its Integration Marketplace, such as 401(k), benefits and insurance provider systems. It provides its SaaS solutions to approximately 36,200 clients across the United States.

Sector

Software

Calendar

2024-05-02 - Q3 2024 Earnings Release

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Ratings for Paylocity Holding Corporation

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

157.1 USD

Average target price

193.3 USD

Spread / Average Target

+23.09%

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