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Conference/Events
Paylocity management to meet virtually with Truist » 04:55
09/16/21
09/16
04:55
09/16/21
04:55
PCTY

Paylocity

$273.02 /

+6.135 (+2.30%)

Virtual Meeting to be…

Virtual Meeting to be held on September 16 hosted by Truist.

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PCTY Paylocity
$273.02 /

+6.135 (+2.30%)

PCTY Paylocity
$273.02 /

+6.135 (+2.30%)

08/09/21 Mizuho
Paylocity price target raised to $220 from $175 at Mizuho
08/06/21 Raymond James
Paylocity price target raised to $270 from $205 at Raymond James
08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
PCTY Paylocity
$273.02 /

+6.135 (+2.30%)

Over a week ago
Conference/Events
Paylocity management to meet virtually with Truist » 11:38
09/10/21
09/10
11:38
09/10/21
11:38
PCTY

Paylocity

$267.56 /

+0.59 (+0.22%)

Virtual Meeting to be…

Virtual Meeting to be held on September 16 hosted by Truist.

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PCTY Paylocity
$267.56 /

+0.59 (+0.22%)

PCTY Paylocity
$267.56 /

+0.59 (+0.22%)

08/09/21 Mizuho
Paylocity price target raised to $220 from $175 at Mizuho
08/06/21 Raymond James
Paylocity price target raised to $270 from $205 at Raymond James
08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
PCTY Paylocity
$267.56 /

+0.59 (+0.22%)

Hot Stocks
Paylocity acquires Blue Marble Payroll, terms not disclosed » 09:03
09/01/21
09/01
09:03
09/01/21
09:03
PCTY

Paylocity

$269.35 /

+0.8 (+0.30%)

Paylocity announces the…

Paylocity announces the acquisition of Blue Marble Payroll, a longtime partner providing international payroll solutions. Blue Marble is a leading global payroll provider for companies seeking more control and convenience in international payroll processes and currently serves approximately 450 clients. Blue Marble's platform enables U.S.-based companies to manage payroll for employees outside the U.S. in line with complex local and country-specific requirements across more than 150 countries. Paylocity has worked with Blue Marble since its start in 2013, helping shared clients with their international payroll needs. As more economies around the world open and companies increasingly look for talent anywhere while enabling more flexibility for where employees work, the challenge of managing international payroll has increased. Through Paylocity's acquisition of Blue Marble and its approximately 75 employees, clients will be able to better manage their international workforces through a unified solution to pay employees, automate processes, and stay compliant with local regulations in other countries. Paylocity expects Blue Marble to represent less than 2% of total revenue in fiscal 2022. Paylocity will update financial guidance in the normal course of business in their first quarter fiscal 2022 earnings release.

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PCTY Paylocity
$269.35 /

+0.8 (+0.30%)

PCTY Paylocity
$269.35 /

+0.8 (+0.30%)

08/09/21 Mizuho
Paylocity price target raised to $220 from $175 at Mizuho
08/06/21 Raymond James
Paylocity price target raised to $270 from $205 at Raymond James
08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
PCTY Paylocity
$269.35 /

+0.8 (+0.30%)

Over a month ago
Hot Stocks
Paylocity announces three executive promotions » 08:46
08/16/21
08/16
08:46
08/16/21
08:46
PCTY

Paylocity

$250.19 /

-4.54 (-1.78%)

Paylocity Holding is…

Paylocity Holding is promoting three executives focused on supporting the long-term growth of the business: Holly Fulp is being promoted to Senior Vice President and Chief Strategy Officer, Ryan Glenn to Senior Vice President of Finance, and Josh Scutt to Senior Vice President of Sales. Fulp, who joined Paylocity in 2018 as Vice President of Corporate Development, will serve as Chief Strategy Officer where she will lead corporate development and strategy across the business. Scutt, who joined Paylocity in 2018 as Vice President of Sales, will serve as Senior Vice President of Sales where he will lead all sales efforts across the company. Glenn, who joined Paylocity in 2013 and previously served as Vice President of Finance and Investor Relations, will serve as Senior Vice President of Finance where he will lead the finance function including banking, FP&A and investor relations.

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PCTY Paylocity
$250.19 /

-4.54 (-1.78%)

08/09/21 Mizuho
Paylocity price target raised to $220 from $175 at Mizuho
08/06/21 Raymond James
Paylocity price target raised to $270 from $205 at Raymond James
08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
PCTY Paylocity
$250.19 /

-4.54 (-1.78%)

Recommendations
Paylocity price target raised to $220 from $175 at Mizuho » 07:41
08/09/21
08/09
07:41
08/09/21
07:41
PCTY

Paylocity

$241.82 /

+22.37 (+10.19%)

Mizuho analyst Siti…

Mizuho analyst Siti Panigrahi raised the firm's price target on Paylocity to $220 from $175 on the shares following the company's "strong" Q4 results and "encouraging" FY22 revenue guidance. While Panigrahi continues to see Paylocity as a share-gainer in the small-to-midsize business HCM and payroll market, the analyst maintains a Neutral rating on the shares.

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PCTY Paylocity
$241.82 /

+22.37 (+10.19%)

08/06/21 Raymond James
Paylocity price target raised to $270 from $205 at Raymond James
08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
PCTY Paylocity
$241.82 /

+22.37 (+10.19%)

Recommendations
Paylocity price target raised to $270 from $205 at Raymond James » 08:00
08/06/21
08/06
08:00
08/06/21
08:00
PCTY

Paylocity

$219.45 /

+4.8 (+2.24%)

Raymond James analyst…

Raymond James analyst Brian Peterson raised the firm's price target on Paylocity to $270 from $205 and keeps an Outperform rating on the shares after the company's Q4 results exceeded expectations. Given the company's consistent execution, 20%+ growth profile and consistent profitability, Peterson thinks Paylocity is deserving of a premium, the analyst tells investors in a research note.

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PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

08/06/21 JMP Securities
Paylocity price target raised to $272 from $220 at JMP Securities
07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
05/10/21 KeyBanc
Paylocity price target lowered to $220 from $230 at KeyBanc
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

Recommendations
Paylocity price target raised to $272 from $220 at JMP Securities » 06:27
08/06/21
08/06
06:27
08/06/21
06:27
PCTY

Paylocity

$219.45 /

+4.8 (+2.24%)

JMP Securities analyst…

JMP Securities analyst Patrick Walravens raised the firm's price target on Paylocity to $272 from $220 and keeps an Outperform rating on the shares. The company reported a better than expected Q4 with recurring revenue growth of 29% and also hit its easier comps from the pandemic a year ago, the analyst tells investors in a research note. Walravens further cites Paylocity commentary that its sales team had an "excellent" quarter and revenue retention was "at the highest level in a number of years".

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PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
05/10/21 KeyBanc
Paylocity price target lowered to $220 from $230 at KeyBanc
04/22/21 Wolfe Research
Paylocity initiated with a Peer Perform at Wolfe Research
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

Earnings
Paylocity sees Q1 revenue $171.5M-$175.5M, consensus $168.4M » 06:27
08/06/21
08/06
06:27
08/06/21
06:27
PCTY

Paylocity

$219.45 /

+4.8 (+2.24%)

The company also guides…

The company also guides FY22 revenue at $790M-$795M, consensus $775M and guides FY22 adjusted EBITDA of $213.5M vs. $170M in FY21.

ShowHide Related Items >><<
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
05/10/21 KeyBanc
Paylocity price target lowered to $220 from $230 at KeyBanc
04/22/21 Wolfe Research
Paylocity initiated with a Peer Perform at Wolfe Research
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

Earnings
Paylocity reports Q4 EPS 46c, consensus 30c » 06:25
08/06/21
08/06
06:25
08/06/21
06:25
PCTY

Paylocity

$219.45 /

+4.8 (+2.24%)

Reports Q4 revenue…

Reports Q4 revenue $167.5M, consensus $162.12M. "Against the backdrop of the COVID-19 pandemic, we had a solid fiscal 21, which included 16% recurring and other revenue growth and strong momentum across the business as we head into fiscal 22," said Steve Beauchamp, CEO. "Our products focused on the Modern Workforce, including Community, Surveys, Premium Video and Learning Management, have all seen significant increases in utilization during fiscal 21 as our value proposition of providing the most modern and comprehensive product suite in the industry continues to resonate in the marketplace. I'm also very pleased with the momentum and overall execution of our sales team across all market segments, which is helping to drive Q1 and full fiscal 22 revenue guidance to growth levels that we haven't seen in a number of years."

ShowHide Related Items >><<
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
05/10/21 KeyBanc
Paylocity price target lowered to $220 from $230 at KeyBanc
04/22/21 Wolfe Research
Paylocity initiated with a Peer Perform at Wolfe Research
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

Earnings
Paylocity reports Q2 EPS 46c, consensus 30c » 06:24
08/06/21
08/06
06:24
08/06/21
06:24
PCTY

Paylocity

$219.45 /

+4.8 (+2.24%)

Reports Q2 revenue…

Reports Q2 revenue $167.5M, consensus $162.12M. "Against the backdrop of the COVID-19 pandemic, we had a solid fiscal 21, which included 16% recurring and other revenue growth and strong momentum across the business as we head into fiscal 22," said Steve Beauchamp, CEO. "Our products focused on the Modern Workforce, including Community, Surveys, Premium Video and Learning Management, have all seen significant increases in utilization during fiscal 21 as our value proposition of providing the most modern and comprehensive product suite in the industry continues to resonate in the marketplace. I'm also very pleased with the momentum and overall execution of our sales team across all market segments, which is helping to drive Q1 and full fiscal 22 revenue guidance to growth levels that we haven't seen in a number of years."

ShowHide Related Items >><<
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

07/26/21 Citi
Paylocity price target raised to $212 from $194 at Citi
06/21/21 Cowen
Paylocity named 'top Smidcap pick' at Cowen
05/10/21 KeyBanc
Paylocity price target lowered to $220 from $230 at KeyBanc
04/22/21 Wolfe Research
Paylocity initiated with a Peer Perform at Wolfe Research
PCTY Paylocity
$219.45 /

+4.8 (+2.24%)

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