Free Trial
One Day Left! MarketBeat All Access Returns to $249 Soon
  • 0Days
  • 0Hours
  • 0Minutes
  • 0Seconds
Don't Miss Out
Claim MarketBeat All Access Sale Promotion

Paylocity (PCTY) Projected to Release Quarterly Earnings on Thursday

Paylocity logo with Industrials background
Image from MarketBeat Media, LLC.

Key Points

  • Paylocity is expected to report Q1 fiscal 2027 results on November 5, with analysts forecasting $1.93 in EPS and $443.12 million in revenue.
  • The company’s previous quarter exceeded expectations, delivering $1.84 EPS versus $1.62 expected and $444.73 million in revenue, up 11% year over year.
  • Analyst sentiment remains broadly positive, with a “Moderate Buy” consensus and a $172.82 average price target, although recent insider selling and valuation concerns could weigh on investor sentiment.
  • MarketBeat previews top five stocks to own in November.

Paylocity (NASDAQ:PCTY - Get Free Report) is anticipated to post its Q1 2027 results after the market closes on Thursday, November 5th. Analysts expect the company to post earnings of $1.93 per share and revenue of $443.12 million for the quarter. Individuals may review the information on the company's upcoming Q1 2027 earnings overview page for the latest details on the call scheduled for Thursday, November 5, 2026 at 5:00 PM ET.

Paylocity (NASDAQ:PCTY - Get Free Report) last issued its earnings results on Tuesday, August 4th. The software maker reported $1.84 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.22. Paylocity had a return on equity of 27.02% and a net margin of 15.23%. The firm had revenue of $444.73 million for the quarter, compared to analyst estimates of $431.46 million. During the same quarter in the prior year, the firm earned $1.56 earnings per share. Paylocity's revenue for the quarter was up 11.0% on a year-over-year basis. On average, analysts expect Paylocity to post $6.92 EPS for the current fiscal year and $7.72 EPS for the next fiscal year.

Paylocity Price Performance

Shares of NASDAQ:PCTY opened at $168.50 on Thursday. Paylocity has a twelve month low of $92.99 and a twelve month high of $178.53. The company's 50 day moving average is $153.54 and its 200 day moving average is $126.47. The company has a current ratio of 1.09, a quick ratio of 1.09 and a debt-to-equity ratio of 0.07. The company has a market cap of $8.79 billion, a PE ratio of 34.04, a price-to-earnings-growth ratio of 2.10 and a beta of 0.50.

Insider Activity at Paylocity

In other Paylocity news, Chairman Steven R. Beauchamp sold 15,000 shares of the business's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $165.22, for a total value of $2,478,300.00. Following the completion of the transaction, the chairman directly owned 1,243,389 shares of the company's stock, valued at approximately $205,432,730.58. The trade was a 1.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven Sarowitz sold 19,459 shares of the company's stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $157.78, for a total value of $3,070,241.02. Following the completion of the sale, the director owned 4,453,495 shares in the company, valued at approximately $702,672,441.10. This represents a 0.44% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 162,740 shares of company stock valued at $26,800,138. 19.40% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several analysts have recently commented on PCTY shares. Zacks Research downgraded shares of Paylocity from a "strong-buy" rating to a "hold" rating in a report on Monday, July 27th. Wall Street Zen cut shares of Paylocity from a "buy" rating to a "hold" rating in a report on Saturday, October 24th. BMO Capital Markets raised their target price on shares of Paylocity from $143.00 to $175.00 and gave the stock an "outperform" rating in a report on Wednesday, August 5th. Robert W. Baird set a $201.00 target price on shares of Paylocity in a research report on Wednesday, August 5th. Finally, Guggenheim boosted their target price on shares of Paylocity from $180.00 to $200.00 and gave the company a "buy" rating in a research report on Friday, October 23rd. Twelve research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Paylocity currently has a consensus rating of "Moderate Buy" and a consensus price target of $172.82.

Get Our Latest Stock Report on Paylocity

Key Headlines Impacting Paylocity

Here are the key news stories impacting Paylocity this week:

  • Positive Sentiment: KeyCorp raised its price target on Paylocity from $178 to $190 and maintained an “overweight” rating, implying approximately 13% upside from the referenced share price. The move reinforces expectations for further appreciation. KeyCorp analyst rating
  • Positive Sentiment: BTIG Research reportedly raised its Paylocity price target from $180 to $200 while keeping a “buy” rating. The higher target reflects continued confidence in the company’s growth outlook. BTIG Research analyst rating
  • Neutral Sentiment: Paylocity’s latest reported quarter showed stronger-than-expected results, with earnings per share of $1.84 versus a $1.62 consensus estimate and revenue up 11% year over year. Analysts expect approximately $6.92 in full-year EPS, providing a supportive fundamental backdrop.
  • Negative Sentiment: Director Steven Sarowitz sold 8,900 shares for approximately $1.5 million on October 27, following sales of 13,700 shares on October 26 and 8,080 shares on October 22. The disclosed transactions totaled about $5.4 million and were executed under a pre-arranged Rule 10b5-1 plan. The sales reduced his holdings by less than 1%, but the repeated insider selling could weigh on sentiment. SEC insider transaction filing
  • Negative Sentiment: A Seeking Alpha analysis downgraded Paylocity, arguing that the company needs more aggressive monetization. The report raises concerns that growth and revenue expansion may not fully justify the stock’s valuation. Paylocity Q1 preview and downgrade

Paylocity Company Profile

(Get Free Report)

Paylocity Holding Corporation NASDAQ: PCTY provides cloud-based human capital management (HCM) and payroll software for organizations. Its platform is designed to help employers manage payroll, human resources, employee benefits, talent acquisition, onboarding, performance, learning, and workforce administration through an integrated system.

The company also offers tools for time and labor management, scheduling, employee communications, engagement, surveys, expense management, and other workplace activities.

See Also

Earnings History for Paylocity (NASDAQ:PCTY)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Paylocity Right Now?

Before you consider Paylocity, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Paylocity wasn't on the list.

While Paylocity currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The Infrastructure's Backbone: 10 Stocks Powering the AI Buildout Cover

The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge—and the key risks investors should watch as the global AI buildout accelerates.

Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines