Paylocity is upgraded to a buy as its fundamentals remain robust despite a 39% share price decline since the prior hold rating. PCTY delivers strong double-digit recurring revenue growth (11.5% YoY), expanding margins, and formidable cash flow with a highly efficient, asset-light business model. Management raised FY26 guidance above consensus, targeting 10-12% revenue growth and leveraging low market penetration (~3%) for future expansion.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
PCTY posts fiscal Q3 earnings beat as revenues climb 10.5% Y/Y, driven by recurring growth, while margins expand and new AI recruiting tools boost offerings.
The mean of analysts' price targets for Paylocity (PCTY) points to a 42.1% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Paylocity Holding Corporation (PCTY) Q3 2026 Earnings Call Transcript
Paylocity NASDAQ: PCTY reported fiscal third-quarter results that management said reflected continued momentum from the first half of the year, supported by what it described as strong execution during its busiest selling and service period. The company's fiscal 2026 third quarter ended March 31, 2026.
Paylocity (PCTY) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.43 per share. This compares to earnings of $2.43 per share a year ago.
Cwm LLC increased its position in Paylocity Holding Corporation (NASDAQ: PCTY) by 113.6% in the undefined quarter, according to its most recent 13F filing with the SEC. The firm owned 25,272 shares of the software maker's stock after buying an additional 13,441 shares during the period. Cwm LLC's holdings in Paylocity were worth
Paylocity (PCTY) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
PCTY exceeds fiscal Q2 earnings expectations as recurring revenues drove solid year-over-year top-line growth.
Paylocity Holding Corporation (PCTY) Q2 2026 Earnings Call Transcript
Paylocity (PCTY) came out with quarterly earnings of $1.85 per share, beating the Zacks Consensus Estimate of $1.57 per share. This compares to earnings of $1.52 per share a year ago.