FY2026 EPS Estimates for Paylocity Boosted by Zacks Research

Paylocity Holding Corporation (NASDAQ:PCTY) – Equities researchers at Zacks Research upped their FY2026 EPS estimates for Paylocity in a report issued on Thursday, May 28th. Zacks Research analyst Team now anticipates that the software maker will post earnings per share of $5.72 for the year, up from their prior estimate of $5.25. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for Paylocity’s current full-year earnings is $5.64 per share. Zacks Research also issued estimates for Paylocity’s Q4 2026 earnings at $0.95 EPS, Q1 2027 earnings at $1.27 EPS, Q2 2027 earnings at $1.28 EPS, Q3 2027 earnings at $1.98 EPS, Q4 2027 earnings at $1.43 EPS, FY2027 earnings at $5.98 EPS, Q1 2028 earnings at $1.50 EPS, Q2 2028 earnings at $1.58 EPS, Q3 2028 earnings at $1.94 EPS and FY2028 earnings at $6.67 EPS.

A number of other analysts have also issued reports on the stock. KeyCorp decreased their target price on shares of Paylocity from $190.00 to $172.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 28th. Citigroup raised their target price on shares of Paylocity from $133.00 to $136.00 and gave the stock a “buy” rating in a research report on Monday, May 11th. Stephens decreased their target price on shares of Paylocity from $160.00 to $120.00 and set an “equal weight” rating on the stock in a research report on Friday, May 8th. Raymond James Financial set a $140.00 price target on shares of Paylocity in a research note on Friday, May 8th. Finally, Jefferies Financial Group set a $135.00 price target on shares of Paylocity in a research note on Saturday, May 9th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Paylocity currently has an average rating of “Moderate Buy” and a consensus target price of $160.28.

Paylocity Stock Up 6.6%

Shares of NASDAQ PCTY opened at $122.49 on Tuesday. Paylocity has a 1 year low of $92.99 and a 1 year high of $197.78. The firm’s 50 day moving average price is $106.76 and its 200 day moving average price is $124.64. The firm has a market cap of $6.56 billion, a P/E ratio of 26.12 and a beta of 0.51. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.08 and a current ratio of 1.08.

Insider Activity at Paylocity

In other news, SVP Andrew Cappotelli sold 899 shares of the firm’s stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $115.05, for a total value of $103,429.95. Following the transaction, the senior vice president owned 17,679 shares of the company’s stock, valued at approximately $2,033,968.95. This trade represents a 4.84% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 19.40% of the company’s stock.

Hedge Funds Weigh In On Paylocity

Hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new position in shares of Paylocity in the 4th quarter valued at $27,000. MassMutual Private Wealth & Trust FSB raised its stake in shares of Paylocity by 363.4% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 190 shares of the software maker’s stock valued at $29,000 after acquiring an additional 149 shares during the period. Los Angeles Capital Management LLC purchased a new position in shares of Paylocity in the 4th quarter valued at $30,000. Advisory Services Network LLC purchased a new position in shares of Paylocity in the 3rd quarter valued at $38,000. Finally, Allworth Financial LP raised its stake in shares of Paylocity by 88.0% in the 3rd quarter. Allworth Financial LP now owns 282 shares of the software maker’s stock valued at $45,000 after acquiring an additional 132 shares during the period. Hedge funds and other institutional investors own 94.76% of the company’s stock.

Key Paylocity News

Here are the key news stories impacting Paylocity this week:

• Positive Sentiment: Zacks Research raised its earnings expectations across several periods, including FY2026 EPS to $5.72 from $5.25, FY2027 EPS to $5.98 from $5.33, and FY2028 EPS to $6.67 from $6.22, signaling improving profit trends for Paylocity. Paylocity Holding Corporation article
• Positive Sentiment: The firm also lifted quarterly EPS estimates for Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q1 2028, Q2 2028, and Q3 2028, suggesting analysts see sustained earnings momentum for the HR software company. Paylocity Holding Corporation article
• Neutral Sentiment: Zacks Research maintained its Strong-Buy stance on Paylocity, reinforcing a favorable analyst view, but this was accompanied by multiple estimate revisions rather than a new business update. Paylocity Holding Corporation article
• Negative Sentiment: The only softer point in the coverage was a slight cut to Q4 2026 EPS estimates, though that was outweighed by the broader set of upward revisions. Paylocity Holding Corporation article

Paylocity Company Profile

Paylocity (NASDAQ: PCTY) is a leading provider of cloud-based payroll and human capital management (HCM) software designed to streamline workforce administration for mid-sized organizations. The company’s integrated platform automates core functions such as payroll processing, benefits administration, time and labor tracking, and compliance management, enabling employers to manage employee data more efficiently and reduce administrative burdens.

In addition to payroll and HR capabilities, Paylocity offers talent management solutions including recruiting, onboarding, performance tracking, and learning management.