PCTY Stock Recent News

Paylocity (PCTY) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

SCHAUMBURG, Ill., July 11, 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 fourth quarter and fiscal 2024 results for Thursday, August 1st at 4:30 pm Central Time (5:30 pm Eastern Time).

Investors need to pay close attention to Paylocity Holding (PCTY) stock based on the movements in the options market lately.

Paylocity is down 20% in 2024, trading at its lowest level since 2020. Uncertainties toward the U.S. labor market and its impact on demand for human capital management software have added volatility. PCTY stock remains well positioned to rebound, with its outlook supported by strong fundamentals.

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SCHAUMBURG, Ill., June 21, 2024 (GLOBE NEWSWIRE) -- What: Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions is partnering with the National Alliance on Mental Illness (NAMI), the nation's largest grassroots mental health organization dedicated to building better lives for Americans affected by mental illness, to prepare mental wellness kits during the SHRM Annual Conference & Expo 2024.

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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.

Paylocity's (PCTY) third-quarter fiscal 2024 earnings and revenues benefit from operational cost control and better sales execution.

Paylocity Holding Corporation (NASDAQ:PCTY ) Q3 2024 Earnings Conference Call May 2, 2024 5:30 PM ET Company Participants Ryan Glenn - Chief Financial Officer Steve Beauchamp - Co-Chief Executive Officer Toby Williams - President and Co-Chief Executive Officer Conference Call Participants Scott Berg - Needham & Co. LLC Brian Peterson - Raymond James & Associates, Inc. Samad Samana - Jefferies LLC Mark Marcon - Robert W. Baird & Co. Raimo Lenschow - Barclays Bank PLC Jared Levine - TD Cowen Austin Cole - Citizens JMP Adam Bergere - Bank of America Merrill Lynch Daniel Jester - BMO Capital Markets Jason Celino - KeyBanc Capital Markets Aleksandr Zukin - Wolfe Research, LLC.