PCTY Stock Recent News
PCTY LATEST HEADLINES
SCHAUMBURG, Ill., July 14, 2025 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced that it has scheduled a conference call to review its fourth quarter and fiscal 2025 results on Tuesday, August 5th at 4:00 pm Central Time (5:00 pm Eastern Time).
Payroll stocks stood out Thursday as June's Jobs Report came in stronger than expected, marking the 11th consecutive month that the U.S. has exceeded expectations for positive job creation.
Staffing stocks like PCTY, PEGA, and UPWK are gaining traction as AI, flexibility and skills-based hiring reshape the job market.
PCTY operates a SaaS subscription model, charging clients a transparent per-employee-per-month rate for payroll and HR services. The business model aligns revenue growth with clients' expanding workforces, creating a scalable and recurring revenue stream. 90% of revenue is recurring, providing strong visibility into future cash flows and financial stability.
The heavy selling pressure might have exhausted for Paylocity (PCTY) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
Driving the stock market's uptick on Friday, U.S. employers added 139,000 jobs, which came in above most economists' expectations of 125,000-130,000.
PCTY's strong Q3, expanding AI-powered tools and a steady client base present a compelling entry point in the stock for investors.
CYBR, KGC, NWG, RYAAY, and PCTY ride strong momentum into June after markets posted their best monthly gains since November 2023.
The Zacks Internet software industry participants like ANET, MNDY and PCTY are benefiting from high demand for SaaS due to the increasing need for hybrid work, learning and diagnosis software, as well as cybersecurity applications.
Buy TNET, UPWK, and PCTY as they capitalize on the evolving staffing industry trends and drive growth in the flexible workforce market.