Paylocity upgraded by Jefferies with a new price target
$PCTY
Computer Software: Prepackaged Software
Technology
Jefferies upgraded Paylocity from Hold to Buy and set a new price target of $200.00 from $145.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/22/2024 | $145.00 → $200.00 | Hold → Buy | Jefferies |
| 2/6/2024 | $200.00 | Buy | BTIG Research |
| 1/5/2024 | $240.00 → $180.00 | Buy → Hold | Jefferies |
| 11/7/2023 | $160.00 | Neutral | UBS |
| 10/26/2023 | $210.00 | Neutral | BofA Securities |
| 5/30/2023 | $199.00 | Equal Weight | Barclays |
| 3/30/2023 | $245.00 | Neutral → Buy | DA Davidson |
| 10/28/2022 | $250.00 | Buy → Neutral | DA Davidson |
Keybanc analyst Jason Celino maintains Paylocity Holding (NASDAQ:PCTY) with a Overweight and lowers the price target from $200 to $171.
Throughout the last three months, 12 analysts have evaluated Paylocity Holding (NASDAQ:PCTY), offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 4 3 5 0 0 Last 30D 0 0 1 0 0 1M Ago 1 1 2 0 0 2M Ago 1 0 1 0 0 3M Ago 2 2 1 0 0 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $176.92, a high estimate of $200.00, and a low estimate of $145.00. A 6.55% drop is evi
Barclays analyst Raimo Lenschow maintains Paylocity Holding (NASDAQ:PCTY) with a Equal-Weight and lowers the price target from $178 to $160.
Q1 2025 Recurring & Other Revenue of $333.1 million, up 14% year-over-yearQ1 2025 Total Revenue of $363.0 million, up 14% year-over-yearAcquisition of Airbase, a modern finance and spend management software solution, completed on October 1, 2024 SCHAUMBURG, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced financial results for the first quarter of fiscal year 2025, which ended September 30, 2024. "Fiscal 25 is off to a strong start, with recurring & other revenue and total revenue growth of 14% in the first quarter, combined with a significan
SCHAUMBURG, Ill., Oct. 15, 2024 (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 first quarter fiscal 2025 results for Wednesday, October 30th at 4:30 pm Central Time (5:30 pm Eastern Time). A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://investors.paylocity.com/. To access the call by phone, please click this link, and you will be provided with dial in details. A replay of the call will be available and archived via webcast at www.paylocity.com.A pres
SCHAUMBURG, Ill., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Paylocity Elevate Conference – Paylocity (NASDAQ:PCTY), a leader in cloud-based HR, payroll, and spend management software solutions, announces AI Assistant, a powerful conversational AI-driven assistant designed to streamline HR processes and elevate the employee experience. Building on Paylocity's long-standing AI-driven capabilities—such as personalized recommendations, sentiment analysis, and predictive workforce insights—the Paylocity AI Assistant simplifies HR-related tasks with real-time, contextual support across the Paylocity platform. This innovation empowers HR professionals to navigate processes with ease and will deliver intu
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4/A - Paylocity Holding Corp (0001591698) (Issuer)
Q1 2025 Recurring & Other Revenue of $333.1 million, up 14% year-over-yearQ1 2025 Total Revenue of $363.0 million, up 14% year-over-yearAcquisition of Airbase, a modern finance and spend management software solution, completed on October 1, 2024 SCHAUMBURG, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (NASDAQ:PCTY), a leading provider of cloud-based HR, payroll, and spend management software solutions, today announced financial results for the first quarter of fiscal year 2025, which ended September 30, 2024. "Fiscal 25 is off to a strong start, with recurring & other revenue and total revenue growth of 14% in the first quarter, combined with a significan
SCHAUMBURG, Ill., Oct. 15, 2024 (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 first quarter fiscal 2025 results for Wednesday, October 30th at 4:30 pm Central Time (5:30 pm Eastern Time). A live webcast of the call will be available on the "Investor Relations" page of the Company's website at https://investors.paylocity.com/. To access the call by phone, please click this link, and you will be provided with dial in details. A replay of the call will be available and archived via webcast at www.paylocity.com.A pres
SCHAUMBURG, Ill., Oct. 01, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leader in cloud-based HR and payroll software solutions, has completed its acquisition of Airbase Inc., a modern finance and spend management software solution that combines bill pay / accounts payable automation, expense management, corporate cards and procurement capabilities. The acquisition of Airbase represents an expansion of Paylocity's suite and is expected to deliver incremental integrated value to HR and finance leaders in managing all of their spend on a single platform – expanding the Paylocity total addressable market beyond HCM and further into the Office of the CFO. The integration of Airbase's f
Jefferies upgraded Paylocity from Hold to Buy and set a new price target of $200.00 from $145.00 previously
BTIG Research initiated coverage of Paylocity with a rating of Buy and set a new price target of $200.00
Jefferies downgraded Paylocity from Buy to Hold and set a new price target of $180.00 from $240.00 previously
SCHAUMBURG, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced Craig Conway has joined the Company's Board of Directors. "We are excited to welcome Craig to Paylocity's Board of Directors," said Steve Beauchamp, Co-Chief Executive Officer of Paylocity. "Craig's leadership experience in technology as a public company CEO and Board member will be a great asset to Paylocity and our Board." Mr. Conway previously served as President and Chief Executive Officer of PeopleSoft, Inc., an enterprise application software company, from 1999 to 2004. Mr. Conway also served as President and Chief Execu
SCHAUMBURG, Ill., Oct. 05, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ:PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced Linda Breard has joined the Company's Board of Directors. "Linda is a strong addition to the Board of Directors," said Steve Beauchamp, Co-Chief Executive Officer of Paylocity. "Linda's operational experience as a public company CFO and Board member will be a great asset to our Board and executive team as we continue to grow our business." Ms. Breard has over 25 years of leadership experience in finance and accounting. Ms. Breard is a Certified Public Accountant and currently serves as a director at Insight Enterprises, Inc., a
Cloud Software Industry Veteran Michael Haske Succeeds CEO and Co-Founder John Michelsen to Lead Next Chapter of Krista's Growth Krista, a leader in conversational AI and digital process automation, announced that Michael Haske will join the company as Chief Executive Officer (CEO) effective today. Haske, previously the President and Chief Operating Officer at Paylocity and prior CEO of Aircall, will succeed Krista Co-Founder & CEO John Michelsen. Michelsen founded Krista in 2020 and has led the global company from a pioneer to leading player in AI integration platform as a service. Michelsen will remain on the board and continue to serve as Chief Product Officer to the company. Haske j