PCTY Stock Recent News
PCTY LATEST HEADLINES
SCHAUMBURG, Ill., April 18, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its third quarter fiscal 2024 results for Thursday, May 2nd at 4:30 pm Central Time (5:30 pm Eastern Time).
Paylocity (PCTY) introduces new features to improve recruitment, engagement and retention for the next generation of workers.
Paylocity's (PCTY) second-quarter earnings and revenues benefit from operational cost control and better sales execution.
Paylocity Holding Corporation (PCTY) Q2 2024 Earnings Call Transcript
Paylocity: A Strong Buy That's Flying Under The Radar
SCHAUMBURG, Ill., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its second quarter fiscal 2024 results for Thursday, February 8th at 4:30 pm Central Time (5:30 pm Eastern Time).
Paylocity, a cloud-based human resources and payroll software solutions company, acquired headcount planning firm Trace. The move will enable Paylocity to expand its platform and offer labor planning tools to model, forecast, implement and analyze headcount decisions, the company said in a Monday (Dec. 4) press release.
Paylocity (PCTY) acquires Trace to expand its platform, incorporating labor planning tools for modeling, forecasting, implementing and analyzing headcount decisions.
Paylocity appears undervalued using Cash Flow Returns On Investments based DCF tools. Given stronger growth and improving margins, the company deserves to be on higher valuation multiples compared to peers. We initiate Paylocity with a buy rating and FY24 warranted DCF value of $206.
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.