Paylocity (NASDAQ:PCTY – Get Free Report) is scheduled to post its quarterly earnings results after the market closes on Thursday, May 2nd. Analysts expect Paylocity to post earnings of $1.94 per share for the quarter. Paylocity has set its Q3 2024 guidance at EPS and its FY 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.
Paylocity (NASDAQ:PCTY – Get Free Report) last posted its quarterly earnings results on Thursday, February 8th. The software maker reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.08. Paylocity had a net margin of 12.96% and a return on equity of 21.37%. The business had revenue of $326.36 million for the quarter, compared to analyst estimates of $324.34 million. On average, analysts expect Paylocity to post $3 EPS for the current fiscal year and $4 EPS for the next fiscal year.
Paylocity Price Performance
Shares of PCTY opened at $157.70 on Tuesday. The firm has a 50 day simple moving average of $166.77 and a two-hundred day simple moving average of $164.22. Paylocity has a one year low of $139.40 and a one year high of $230.52. The company has a market cap of $8.88 billion, a P/E ratio of 53.28, a P/E/G ratio of 3.40 and a beta of 0.87.
Wall Street Analyst Weigh In
View Our Latest Stock Report on PCTY
Insider Buying and Selling at Paylocity
In other news, CEO Steven R. Beauchamp sold 7,760 shares of the firm’s stock in a transaction dated Friday, March 1st. The stock was sold at an average price of $166.95, for a total transaction of $1,295,532.00. Following the completion of the transaction, the chief executive officer now directly owns 1,746,468 shares in the company, valued at $291,572,832.60. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, CEO Steven R. Beauchamp sold 7,760 shares of the stock in a transaction on Friday, March 1st. The shares were sold at an average price of $166.95, for a total transaction of $1,295,532.00. Following the completion of the sale, the chief executive officer now directly owns 1,746,468 shares in the company, valued at $291,572,832.60. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Jeffrey T. Diehl sold 1,760 shares of the business’s stock in a transaction on Wednesday, March 13th. The shares were sold at an average price of $171.64, for a total transaction of $302,086.40. Following the completion of the transaction, the director now owns 14,704 shares in the company, valued at approximately $2,523,794.56. The disclosure for this sale can be found here. In the last quarter, insiders have sold 54,547 shares of company stock worth $9,356,359. Insiders own 22.50% of the company’s stock.
Paylocity Company Profile
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions.
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