Dayforce (NYSE:DAY) Q1 Earnings: Leading The HR Software Pack [Yahoo! Finance]
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Paylocity Holding Corporation (PCTY)
Last paylocity holding corporation earnings: 2/4 04:05 pm
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US:NASDAQ Investor Relations:
investors.paylocity.com/investor-relations
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Source: Yahoo! Finance
Modern HR software has two powerful benefits: cost savings and ease of use. For cost savings, businesses large and small much prefer the flexibility of cloud-based, web-browser-delivered software paid for on a subscription basis rather than the hassle and complexity of purchasing and managing on-premise enterprise software. On the usability side, the consumerization of business software creates seamless experiences whereby multiple standalone processes like payroll processing and compliance are aggregated into a single, easy-to-use platform. The 6 HR software stocks we track reported a slower Q1; on average, revenues beat analyst consensus estimates by 0.7%. while next quarter's revenue guidance was 0.5% below consensus. Stocks, especially growth stocks where cash flows further in the future are more important to the story, had a good end of 2023. But the beginning of 2024 has seen more volatile stock performance due to mixed inflation data, and while some of the HR software stocks
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PCTY
News
- Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale [Yahoo! Finance]Yahoo! Finance
- Here's Why Paylocity (PCTY) is a Strong Growth Stock [Yahoo! Finance]Yahoo! Finance
- Goodwill Opens New Habilitation & Employment Services Facility For People With Disabilities in Astoria, NY [Yahoo! Finance]Yahoo! Finance
- Paylocity Holding Co. (NASDAQ: PCTY) had its price target lowered by analysts at Stifel Nicolaus from $205.00 to $185.00. They now have a "buy" rating on the stock.MarketBeat
- After Plunging -15.19% in 4 Weeks, Here's Why the Trend Might Reverse for Paylocity (PCTY) [Yahoo! Finance]Yahoo! Finance
PCTY
Earnings
- 5/2/24 - Beat
PCTY
Sec Filings
- 6/12/24 - Form 4
- 6/5/24 - Form 4
- 6/4/24 - Form 144
- PCTY's page on the SEC website