Paylocity (NASDAQ:PCTY) Releases Quarterly Earnings Results, Misses Estimates By $0.60 EPS

Paylocity (NASDAQ:PCTY) released its quarterly earnings results on Thursday. The software maker reported $0.82 EPS for the quarter, missing the consensus estimate of $1.42 by ($0.60), Zacks reports. Paylocity had a return on equity of 22.92% and a net margin of 15.32%. Paylocity updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Paylocity Price Performance

Shares of PCTY traded up $2.89 on Thursday, hitting $212.01. The company’s stock had a trading volume of 510,851 shares, compared to its average volume of 510,742. The company has a market capitalization of $11.82 billion, a PE ratio of 54.22, a PEG ratio of 5.03 and a beta of 0.95. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.32 and a quick ratio of 1.32. Paylocity has a fifty-two week low of $129.94 and a fifty-two week high of $215.68. The company has a 50 day moving average price of $201.28 and a 200 day moving average price of $180.54.

Insider Transactions at Paylocity

In other Paylocity news, Director Jeffrey T. Diehl sold 946 shares of the company’s stock in a transaction on Friday, November 15th. The shares were sold at an average price of $204.74, for a total transaction of $193,684.04. Following the completion of the sale, the director now owns 1,767 shares in the company, valued at approximately $361,775.58. The trade was a 34.87 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, SVP Andrew Cappotelli sold 247 shares of the company’s stock in a transaction on Tuesday, November 19th. The shares were sold at an average price of $193.29, for a total transaction of $47,742.63. Following the sale, the senior vice president now owns 14,634 shares of the company’s stock, valued at $2,828,605.86. The trade was a 1.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 127,380 shares of company stock valued at $25,830,669 in the last three months. 21.91% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

PCTY has been the topic of several research reports. KeyCorp upped their price objective on Paylocity from $210.00 to $220.00 and gave the company an “overweight” rating in a research note on Friday, January 31st. Needham & Company LLC restated a “buy” rating and set a $220.00 price objective on shares of Paylocity in a research note on Wednesday, January 15th. Mizuho upgraded Paylocity from a “neutral” rating to an “outperform” rating and upped their price objective for the company from $200.00 to $235.00 in a research note on Friday, January 31st. Citigroup upgraded Paylocity from a “neutral” rating to a “buy” rating and upped their price objective for the company from $214.00 to $231.00 in a research note on Thursday, January 16th. Finally, Piper Sandler upped their price objective on Paylocity from $172.00 to $212.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. One research analyst has rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, Paylocity currently has an average rating of “Moderate Buy” and an average price target of $213.86.

About Paylocity

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.