Cantor Fitzgerald Forecasts Paylocity FY2026 Earnings

Paylocity Holding Corporation (NASDAQ:PCTY) – Analysts at Cantor Fitzgerald issued their FY2026 earnings estimates for shares of Paylocity in a report issued on Thursday, September 11th. Cantor Fitzgerald analyst M. Vanvliet expects that the software maker will post earnings per share of $5.53 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.

Several other analysts have also weighed in on the stock. Stephens started coverage on shares of Paylocity in a research report on Monday, July 21st. They set an “equal weight” rating and a $200.00 target price on the stock. Raymond James Financial set a $220.00 target price on shares of Paylocity and gave the stock an “outperform” rating in a research note on Wednesday, July 30th. Citigroup lowered their price target on shares of Paylocity from $225.00 to $218.00 and set a “buy” rating for the company in a research report on Monday, July 21st. BMO Capital Markets lifted their price target on shares of Paylocity from $226.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $250.00 price objective on shares of Paylocity in a report on Friday, July 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $222.71.

Paylocity Price Performance

Shares of Paylocity stock opened at $169.68 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.14 and a current ratio of 1.14. The firm’s 50-day simple moving average is $179.79 and its 200-day simple moving average is $185.58. Paylocity has a twelve month low of $154.91 and a twelve month high of $223.80. The firm has a market cap of $9.36 billion, a P/E ratio of 42.31, a price-to-earnings-growth ratio of 3.27 and a beta of 0.51.

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

Hedge Funds Weigh In On Paylocity

Several institutional investors and hedge funds have recently modified their holdings of PCTY. Focus Partners Wealth acquired a new position in shares of Paylocity in the fourth quarter valued at about $219,000. Millennium Management LLC grew its stake in shares of Paylocity by 8.8% in the fourth quarter. Millennium Management LLC now owns 113,475 shares of the software maker’s stock valued at $22,635,000 after acquiring an additional 9,151 shares in the last quarter. Nuveen Asset Management LLC grew its stake in shares of Paylocity by 11.0% in the fourth quarter. Nuveen Asset Management LLC now owns 104,381 shares of the software maker’s stock valued at $20,821,000 after acquiring an additional 10,321 shares in the last quarter. Nomura Holdings Inc. acquired a new position in shares of Paylocity in the fourth quarter valued at about $1,151,000. Finally, Quantinno Capital Management LP grew its stake in shares of Paylocity by 62.5% in the fourth quarter. Quantinno Capital Management LP now owns 48,020 shares of the software maker’s stock valued at $9,579,000 after acquiring an additional 18,463 shares in the last quarter. 94.76% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Paylocity

In related news, SVP Andrew Cappotelli sold 1,717 shares of the company’s stock in a transaction dated Monday, June 23rd. The shares were sold at an average price of $176.74, for a total value of $303,462.58. Following the transaction, the senior vice president directly owned 11,953 shares in the company, valued at approximately $2,112,573.22. This represents a 12.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 21.91% of the company’s stock.

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.