There's an Opportunity Brewing in These 2 HR Software Stocks, Says BTIG [Yahoo! Finance]
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
jobs – but the number came in at 335,000, beating that estimate by 150,000, or a whopping 81%. A hiring expansion of that size is sure to have ripple effects in the economy. Questions will be raised – are these new full-time jobs? Are these single workers holding multiple part-time jobs? Will wages keep up with inflation? But some questions will slide under the radar – How will HR departments deal with this rising tide? Personnel management is a vital function for any business, and BTIG analyst Matt VanVliet has taken up the issue. In his recent coverage of HR stocks, VanVliet says, “Easy to use and accurate payroll is the bare minimum, but the modern enterprise must now efficiently recruit and onboard employees in a highly competitive, tight labor market, provide training and solid benefits to ensure retention, and have better visibility into staffing, scheduling, and employee experience to effectively manage the business.” “This is creating elevated demand for cloud-based HCM
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PCTY
News
- Earnings Beat: Paylocity Holding Corporation Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models [Yahoo! Finance]Yahoo! Finance
- Paylocity Holding Third Quarter 2024 Earnings: Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Paylocity Holding Co. (NASDAQ: PCTY) had its price target raised by analysts at KeyCorp from $186.00 to $200.00. They now have an "overweight" rating on the stock.MarketBeat
- Paylocity Holding Co. (NASDAQ: PCTY) had its "buy" rating re-affirmed by analysts at Needham & Company LLC. They now have a $200.00 price target on the stock.MarketBeat
- Paylocity Holding Co. (NASDAQ: PCTY) had its price target lowered by analysts at TD Cowen from $188.00 to $180.00. They now have a "buy" rating on the stock.MarketBeat
PCTY
Earnings
- 5/2/24 - Beat
PCTY
Sec Filings
- 5/3/24 - Form 10-Q
- 5/2/24 - Form 8-K
- 4/5/24 - Form 8-K
- PCTY's page on the SEC website