Cantor Fitzgerald Comments on Paylocity FY2026 Earnings

Key Points

• Cantor Fitzgerald has projected that Paylocity will earn $5.53 per share for FY2026, significantly higher than the current consensus estimate of $4.36 per share.
• Paylocity recently beat analysts' expectations with earnings of $1.56 per share for the last quarter, surpassing the consensus estimate of $1.38 by $0.18.
• The stock received mixed ratings from analysts, with one Strong Buy, twelve Buy, and four Hold ratings, alongside a consensus price target of $222.71.

Paylocity Holding Corporation (NASDAQ:PCTY - Free Report) - Cantor Fitzgerald issued their FY2026 earnings per share estimates for shares of Paylocity in a note issued to investors on Thursday, September 11th. Cantor Fitzgerald analyst M. Vanvliet anticipates that the software maker will post earnings of $5.53 per share for the year. Cantor Fitzgerald has a "Strong-Buy" rating on the stock. The consensus estimate for Paylocity's current full-year earnings is $4.36 per share.

Other research analysts have also issued research reports about the company. Jefferies Financial Group reduced their target price on Paylocity from $235.00 to $225.00 and set a "buy" rating for the company in a report on Wednesday, August 6th. Citigroup reduced their target price on Paylocity from $225.00 to $218.00 and set a "buy" rating for the company in a report on Monday, July 21st. Needham & Company LLC reaffirmed a "buy" rating and set a $250.00 target price on shares of Paylocity in a report on Friday, July 18th. Barclays reduced their target price on Paylocity from $209.00 to $190.00 and set an "equal weight" rating for the company in a report on Monday, July 21st. Finally, UBS Group lifted their target price on Paylocity from $201.00 to $202.00 and gave the company a "neutral" rating in a report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Paylocity presently has a consensus rating of "Moderate Buy" and an average target price of $222.71.

Paylocity Stock Performance

Paylocity stock traded down $2.25 during midday trading on Friday, reaching $169.68. The stock had a trading volume of 423,119 shares, compared to its average volume of 483,309. Paylocity has a 12 month low of $154.91 and a 12 month high of $223.80. The firm's 50-day moving average price is $179.79 and its 200 day moving average price is $185.35. The firm has a market capitalization of $9.36 billion, a PE ratio of 42.31, a P/E/G ratio of 3.23 and a beta of 0.51. The company has a quick ratio of 1.14, a current ratio of 1.14 and a debt-to-equity ratio of 0.13.

Paylocity (NASDAQ:PCTY - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The software maker reported $1.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.38 by $0.18. Paylocity had a return on equity of 22.08% and a net margin of 14.24%.The business had revenue of $400.74 million for the quarter, compared to analysts' expectations of $388.25 million. During the same period in the previous year, the business posted $1.48 EPS. The firm's quarterly revenue was up 12.2% compared to the same quarter last year. Paylocity has set its FY 2026 guidance at EPS. Q1 2026 guidance at EPS.

Insider Activity at Paylocity

In other Paylocity news, SVP Andrew Cappotelli sold 1,717 shares of the company's stock in a transaction that occurred on Monday, June 23rd. The stock was sold at an average price of $176.74, for a total value of $303,462.58. Following the completion of the sale, the senior vice president owned 11,953 shares of the company's stock, valued at $2,112,573.22. This represents a 12.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 21.91% of the company's stock.

Institutional Trading of Paylocity

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Associated Banc Corp boosted its stake in Paylocity by 4.5% in the first quarter. Associated Banc Corp now owns 1,207 shares of the software maker's stock worth $226,000 after buying an additional 52 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in Paylocity by 0.9% in the second quarter. DekaBank Deutsche Girozentrale now owns 6,148 shares of the software maker's stock worth $1,097,000 after buying an additional 54 shares in the last quarter. Cresset Asset Management LLC boosted its stake in Paylocity by 2.4% in the first quarter. Cresset Asset Management LLC now owns 2,613 shares of the software maker's stock worth $490,000 after buying an additional 62 shares in the last quarter. Verdence Capital Advisors LLC boosted its stake in Paylocity by 5.7% in the second quarter. Verdence Capital Advisors LLC now owns 1,205 shares of the software maker's stock worth $218,000 after buying an additional 65 shares in the last quarter. Finally, ProShare Advisors LLC boosted its stake in Paylocity by 3.3% in the second quarter. ProShare Advisors LLC now owns 2,055 shares of the software maker's stock worth $372,000 after buying an additional 65 shares in the last quarter. Hedge funds and other institutional investors own 94.76% of the company's stock.

Paylocity Company Profile

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.