For its first fiscal quarter (ending September 30), Paylocity Holding Corp (NASDAQ: PCTY) has reported a 44% increase in E.P.S. from $0.62 a year ago to $0.89 in the current quarter. E.P.S. were $3.95 for the latest four quarters through September 30 versus $2.60 for the same period a year ago — an increase of 52%.
Recent Price Action
On 10/30/24, Paylocity Holding Corp (NASDAQ: PCTY) stock increased 1.2%, closing at $178.16. Moreover, above average trading volume at 139% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 1.7% during the last week.
Current PriceTarget Research Rating
PCTY’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Paylocity Holding has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Paylocity Holding has a slightly negative Power Rating of 40 and a poor Appreciation Score of 29, with the Negative Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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