Analysts Offer Predictions for Paylocity FY2026 Earnings

Paylocity Holding Corporation (NASDAQ:PCTY) – Investment analysts at Cantor Fitzgerald lowered their FY2026 earnings estimates for shares of Paylocity in a note issued to investors on Wednesday, November 5th. Cantor Fitzgerald analyst M. Vanvliet now forecasts that the software maker will post earnings per share of $5.49 for the year, down from their previous estimate of $5.53. The consensus estimate for Paylocity’s current full-year earnings is $4.36 per share.

Several other analysts have also recently commented on PCTY. Raymond James Financial set a $220.00 price objective on shares of Paylocity and gave the company an “outperform” rating in a research note on Wednesday, July 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Paylocity in a research note on Wednesday, October 8th. BMO Capital Markets reduced their price objective on shares of Paylocity from $200.00 to $185.00 and set an “outperform” rating for the company in a research note on Wednesday. Needham & Company LLC reiterated a “buy” rating and issued a $250.00 price objective on shares of Paylocity in a research note on Friday, July 18th. Finally, Cowen reiterated a “buy” rating on shares of Paylocity in a research note on Monday, October 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $209.47.

Paylocity Stock Up 4.4%

PCTY stock opened at $145.46 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.14 and a current ratio of 1.14. Paylocity has a one year low of $135.51 and a one year high of $223.80. The company has a fifty day moving average of $159.28 and a 200-day moving average of $176.33. The stock has a market capitalization of $7.91 billion, a PE ratio of 36.46, a price-to-earnings-growth ratio of 2.68 and a beta of 0.58.

Paylocity (NASDAQ:PCTY) last released its earnings results on Tuesday, November 4th. The software maker reported $1.75 EPS for the quarter, topping the consensus estimate of $1.52 by $0.23. Paylocity had a net margin of 13.75% and a return on equity of 21.61%. The company had revenue of $408.17 million during the quarter, compared to analysts’ expectations of $399.53 million. During the same quarter last year, the business earned $1.66 EPS. The business’s revenue was up 12.5% on a year-over-year basis. Paylocity has set its FY 2026 guidance at EPS. Q2 2026 guidance at EPS.

Hedge Funds Weigh In On Paylocity

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. TCTC Holdings LLC raised its position in Paylocity by 115.9% during the first quarter. TCTC Holdings LLC now owns 149 shares of the software maker’s stock worth $28,000 after acquiring an additional 80 shares during the last quarter. SBI Securities Co. Ltd. raised its position in Paylocity by 47.4% during the second quarter. SBI Securities Co. Ltd. now owns 252 shares of the software maker’s stock worth $46,000 after acquiring an additional 81 shares during the last quarter. Hughes Financial Services LLC acquired a new position in Paylocity during the first quarter worth about $48,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Paylocity during the third quarter worth about $41,000. Finally, Employees Retirement System of Texas acquired a new position in Paylocity during the second quarter worth about $51,000. Institutional investors and hedge funds own 94.76% of the company’s stock.

About Paylocity

Paylocity Holding Corporation engages in the provision of cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers payroll software solution for global payroll, expense management, tax services, on demand payment, and garnishment managed services; and time and labor management software for time and attendance, scheduling, and time collection.