For its second fiscal quarter (ending December 31), Paylocity Holding Corp (NASDAQ: PCTY) has reported a -1% decline in E.P.S. from $0.68 a year ago to $0.67 in the current quarter. E.P.S. were $3.94 for the latest four quarters through December 31 versus $2.99 for the same period a year ago — an increase of 32%.
Recent Price Action
Paylocity Holding Corp (NASDAQ: PCTY) stock increased 1.4% on 2/6/25. The shares closed at $212.01. Moreover, trading volume in this advance was above average at 122% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 4.2% during the last week.
Current PriceTarget Research Rating
Paylocity Holding has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Paylocity Holding has a poor Appreciation Score of 29 but a very high Power Rating of 86, leading to the Neutral Value Trend Rating.
Rating Review
In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment