On Oct 31, major Wall Street analysts update their ratings for $Paylocity (PCTY.US)$, with price targets ranging from $180 to $250.
Barclays analyst Raimo Lenschow maintains with a hold rating, and adjusts the target price from $174 to $180.
Jefferies analyst Samad Samana maintains with a buy rating, and adjusts the target price from $200 to $215.
TD Cowen analyst Jared Levine maintains with a buy rating, and maintains the target price at $186.
Needham analyst Scott Berg maintains with a buy rating, and adjusts the target price from $200 to $220.
KeyBanc analyst Jason Celino maintains with a buy rating.
Furthermore, according to the comprehensive report, the opinions of $Paylocity (PCTY.US)$'s main analysts recently are as follows:
The firm perceives Paylocity's fiscal Q1 results to be slightly favorable for the stock. Following a reduction in sales forecasts in the previous quarter, the company has now reported robust results that exceeded expectations and has increased its outlook.
Paylocity experienced a notable first-quarter performance, surpassing expectations on both revenue and earnings, primarily due to robust sales execution and enhanced cost management. The company has increased its revenue outlook for FY25 to include the impact of Airbase contributions, and has incorporated the full extent of the quarterly outperformance, along with an additional $1M-$2M for further organic growth. Nevertheless, the EBITDA forecast has been modestly adjusted down to account for anticipated interest rate reductions and the dilutive effects of Airbase.
The company has initiated FY25 with robust total revenue performance and margin improvements. Management's revision of FY25 revenue guidance, including the recent Airbase contribution, signals a strong display of confidence. It is anticipated that investors will positively acknowledge the company's resumption of a pattern of exceeding expectations and elevating forecasts.
Here are the latest investment ratings and price targets for $Paylocity (PCTY.US)$ from 9 analysts:
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美东时间10月31日，多家华尔街大行更新了$Paylocity (PCTY.US)$的评级，目标价介于180美元至250美元。
巴克莱银行分析师Raimo Lenschow维持持有评级，并将目标价从174美元上调至180美元。
富瑞集团分析师Samad Samana维持买入评级，并将目标价从200美元上调至215美元。
TD Cowen分析师Jared Levine维持买入评级，维持目标价186美元。
Needham分析师Scott Berg维持买入评级，并将目标价从200美元上调至220美元。
KeyBanc分析师Jason Celino维持买入评级。
此外，综合报道，$Paylocity (PCTY.US)$近期主要分析师观点如下：
公司认为Paylocity的财务季度一季度结果对股票略有利好。在上一季度销售预测减少后，公司现已报告了超出预期的强劲业绩，并提高了展望。
Paylocity在第一季度表现显著，营收和收益均超出预期，主要归功于强劲的销售执行和优化的成本管理。公司已将FY25的营收展望调高，包括Airbase贡献，并已纳入本季度超额业绩的全部范围，以及额外的100万至200万美元用于进一步有机增长。然而，由于预期利率降低和Airbase的稀释效应，EBITDA预测已适度下调。
公司以强劲的总营收表现和利润改善开始了FY25。管理层修订了FY25营收指引，包括最近的Airbase贡献，表明了强烈的信心。预计投资者将积极看待公司恢复超出预期并提升预测的模式。
以下为今日9位分析师对$Paylocity (PCTY.US)$的最新投资评级及目标价：
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