What is Zacks Research's Estimate for Paylocity Q2 Earnings?

Paylocity Holding Co. (NASDAQ:PCTY - Free Report) - Analysts at Zacks Research raised their Q2 2025 earnings estimates for Paylocity in a research report issued on Wednesday, November 20th. Zacks Research analyst R. Department now expects that the software maker will post earnings per share of $0.95 for the quarter, up from their prior forecast of $0.87. The consensus estimate for Paylocity's current full-year earnings is $4.43 per share. Zacks Research also issued estimates for Paylocity's Q3 2025 earnings at $1.56 EPS, Q4 2025 earnings at $1.05 EPS, FY2025 earnings at $4.70 EPS, Q1 2026 earnings at $1.10 EPS, Q2 2026 earnings at $1.18 EPS, Q3 2026 earnings at $1.44 EPS, Q4 2026 earnings at $1.12 EPS, FY2026 earnings at $4.84 EPS, Q1 2027 earnings at $1.46 EPS and FY2027 earnings at $5.81 EPS.

Other analysts have also issued reports about the stock. Truist Financial raised their price target on shares of Paylocity from $195.00 to $210.00 and gave the stock a "buy" rating in a research report on Friday, November 1st. KeyCorp lifted their price objective on Paylocity from $187.00 to $210.00 and gave the stock an "overweight" rating in a report on Thursday, October 31st. BMO Capital Markets upped their target price on Paylocity from $175.00 to $203.00 and gave the company an "outperform" rating in a research note on Thursday, October 31st. Barclays lifted their price target on shares of Paylocity from $174.00 to $180.00 and gave the stock an "equal weight" rating in a research note on Thursday, October 31st. Finally, JMP Securities restated a "market outperform" rating and issued a $250.00 price objective on shares of Paylocity in a research note on Monday, August 5th. Three equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $196.64.

Paylocity Stock Performance

Shares of NASDAQ PCTY traded up $4.83 during trading hours on Monday, hitting $210.11. 483,124 shares of the company's stock were exchanged, compared to its average volume of 500,554. Paylocity has a 1-year low of $129.94 and a 1-year high of $215.68. The company's 50-day moving average price is $179.02 and its 200-day moving average price is $159.74. The stock has a market capitalization of $11.71 billion, a price-to-earnings ratio of 52.50, a PEG ratio of 5.05 and a beta of 0.93. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.32 and a quick ratio of 1.32.

Insider Activity

In related news, SVP Rachit Lohani sold 658 shares of Paylocity stock in a transaction that occurred on Wednesday, October 2nd. The shares were sold at an average price of $162.83, for a total transaction of $107,142.14. Following the transaction, the senior vice president now owns 39,764 shares of the company's stock, valued at $6,474,772.12. This trade represents a 1.63 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Andrew Cappotelli sold 247 shares of the company's stock in a transaction that occurred on Tuesday, November 19th. The shares were sold at an average price of $193.29, for a total transaction of $47,742.63. Following the completion of the sale, the senior vice president now directly owns 14,634 shares of the company's stock, valued at $2,828,605.86. The trade was a 1.66 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 59,971 shares of company stock valued at $11,750,096 over the last 90 days. 21.91% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PCTY. CIBC Asset Management Inc raised its holdings in Paylocity by 3.6% during the third quarter. CIBC Asset Management Inc now owns 1,652 shares of the software maker's stock worth $273,000 after acquiring an additional 58 shares in the last quarter. Chicago Partners Investment Group LLC increased its holdings in Paylocity by 3.7% during the third quarter. Chicago Partners Investment Group LLC now owns 2,282 shares of the software maker's stock worth $395,000 after buying an additional 82 shares during the last quarter. Covestor Ltd lifted its stake in Paylocity by 6.4% in the third quarter. Covestor Ltd now owns 1,373 shares of the software maker's stock valued at $227,000 after acquiring an additional 83 shares during the last quarter. King Luther Capital Management Corp increased its stake in shares of Paylocity by 1.0% during the 2nd quarter. King Luther Capital Management Corp now owns 9,981 shares of the software maker's stock worth $1,316,000 after purchasing an additional 103 shares during the last quarter. Finally, SkyOak Wealth LLC lifted its stake in Paylocity by 7.1% in the 2nd quarter. SkyOak Wealth LLC now owns 1,837 shares of the software maker's stock valued at $242,000 after purchasing an additional 122 shares during the last quarter. 94.76% of the stock is currently owned by institutional investors.

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.