Paylocity Announces First Quarter Fiscal Year 2022 Financial Results

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Paylocity Holding (PCTY) PT Raised to $350 at Stifel

November 5, 2021 6:54 AM EDT

Stifel analyst Brad Reback raised the price target on Paylocity Holding (NASDAQ: PCTY) to $350.00 (from $250.00) while maintaining a Buy rating.

The analyst commented, "Following the close on Thursday, 11/4, Paylocity reported F1Q22 results that exceeded consensus expectations across all major financial metrics and the... More

Paylocity Holding (PCTY) PT Raised to $330 at Cowen

November 5, 2021 6:45 AM EDT

Cowen analyst Bryan Bergin raised the price target on Paylocity Holding (NASDAQ: PCTY) to $330.00 (from $300.00) while maintaining an Outperform rating.

The analyst commented, "Robust momentum evidenced in 4Q was maintained in 1Q, with outsized beat versus guide & expectations. Demand environment closely resembling pre-pandemic... More

Paylocity Holding (PCTY) Reports In-Line Q1 EPS

November 4, 2021 4:37 PM EDT

Paylocity Holding (NASDAQ: PCTY) reported Q1 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $180.8 million versus the consensus estimate of $174.08 million.

GUIDANCE:

Paylocity Holding sees Q2 2022 revenue of $185.5-189.5 million.

Paylocity Holding... More