Paylocity Announces Second Quarter Fiscal Year 2017 Financial Results

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Go back to Paylocity Announces Second Quarter Fiscal Year 2017 Financial Results

BofA/Merrill Lynch Upgrades Paylocity Holding (PCTY) to Buy

February 3, 2017 7:09 AM EST

BofA/Merrill Lynch upgraded Paylocity Holding (NASDAQ: PCTY) from Underperform to Buy with a price target of $40.00.

For an analyst ratings summary and ratings history on Paylocity Holding click here. For more ratings news on Paylocity Holding click here.

Shares of Paylocity Holding closed at $29.92 yesterday.

... More

Paylocity Holding (PCTY) PT Lowered to $40 at Needham & Company Following 2Q Beat

February 3, 2017 7:07 AM EST

Needham & Company lowered its price target on Paylocity Holding (NASDAQ: PCTY) to $40.00 (from $58.00) while maintaining a Buy rating. Total revenues increased 24.4% Y/Y to $66.7mm, with recurring revenues increasing 26.3% Y/Y from $51.7mm to $65.3mm.

Analyst Scott Berg commented, "Paylocity reported a very... More

Paylocity Holding (PCTY) Tops Q2 EPS by 7c, Offers Q3 & FY Guidance

February 2, 2017 4:11 PM EST

Paylocity Holding (NASDAQ: PCTY) reported Q2 EPS of $0.10, $0.07 better than the analyst estimate of $0.03. Revenue for the quarter came in at $68.7 million versus the consensus estimate of $68.42 million.

GUIDANCE:

Paylocity Holding sees Q3 2017 EPS of $0.22-$0.24, versus the consensus of $0.25.... More