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PCTY News and Press, Paylocity Holding Corporation From 04/13/23

Stock Information

Company Name: Paylocity Holding Corporation
Stock Symbol: PCTY
Market: NASDAQ
Website: paylocity.com

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PCTY - Selected Information Technology Stocks Ranked By Value

2023-04-13 08:04:20 ET Summary 24 highly rated Information Technology stocks were evaluated by means of a multi-factor value matrix. The value matrix is a broad effort to identify those Information Technology stocks that are likely to be amongst the best and poorest investments in...

PCTY - Paylocity: Not Expensive When Checking Recurring Revenue And Innovation

2023-04-12 11:35:01 ET Summary Paylocity Holding Corporation is a leading provider of cloud-based payroll and human capital management software solutions. In my view, it is quite ideal that Paylocity does not really need a lot of debt financing to operate. The company appears to r...

PCTY - Goldman leans to growth picks in either recession scenario

2023-04-03 05:21:52 ET Goldman Sachs is sticking with its S&P 500 ( SP500 ) ( NYSEARCA: SPY ) target of little change by year end as valuations and earnings face headwinds near term, its equity team said. "Our Long Duration basket has outperformed the Short Duration bask...

PCTY - Paylocity Unveils AI Assist(TM) - Leading the Industry in Integrating Generative AI into HCM Software

SCHAUMBURG, Ill., March 21, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY) today announced AI Assist™, a landmark achievement in HR technology with the integration of generative Artificial Intelligence (AI) into its core HCM platform. Built using an integration with OpenAI—the de...

PCTY - Automatic Data Processing: Limited Upside From Here

Summary Automatic Data Processing reported a top-/bottom-line beat in fiscal Q2, with strength in ES offset by softer PEO results. The company faces intense competition from peers that may limit market share gains in the future. ADP's shares trade at a discount to its peers in the h...

PCTY - Paylocity Holding Corporation (PCTY) Q2 2023 Earnings Call Transcript

Paylocity Holding Corporation (PCTY) Q2 2023 Results Conference Call February 02, 2023 5:30 PM ET Company Participants Ryan Glenn - CFO Steve Beauchamp - Co-CEO Toby Williams - President, Co-CEO Conference Call Participants Alex Zukin - Wolfe Research A...

PCTY - Paylocity GAAP EPS of $0.28 misses by $0.01, revenue of $273M beats by $13.32M

Paylocity press release ( NASDAQ: PCTY ): Q2 GAAP EPS of $0.28 misses by $0.01 . Revenue of $273M (+39.3% Y/Y) beats by $13.32M . Based on information available as of February 2, 2023, Paylocity is issuing guidance for the third quarter and full fiscal year 2023...

PCTY - Paylocity Announces Second Quarter Fiscal Year 2023 Financial Results

Q 2 2023 Recurring & Other Revenue of $256.4 million, up 31% year-over-year Q 2 2023 Total Revenue of $273.0 million, up 39% year-over-year SCHAUMBURG, Ill., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Cor...

PCTY - ClearBridge Mid Cap Growth Strategy Q4 2022 Portfolio Manager Commentary

Summary ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Mid Cap Growth Strategy targets attractively pr...

PCTY - Paylocity May Hit A Speed Bump In The Near Term

Summary Paylocity reported its FQ1 2023 financial results on November 3, 2022. The firm provides organizations with a cloud-based HR, payroll and tax platform. PCTY has produced growing revenue but may be facing a 'soft patch' as technology companies lay off workers by the thousands...

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