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Paylocity ( (PCTY) ) just unveiled an update.
At the Annual Meeting, Paylocity‘s shareholders voted on several key proposals. The election of directors saw all nominees elected, while KPMG LLP was ratified as the independent accounting firm for the fiscal year ending June 30, 2026. Additionally, shareholders approved the compensation of named executive officers and the Amended and Restated 2023 Equity Incentive Plan.
The most recent analyst rating on (PCTY) stock is a Buy with a $184.00 price target. To see the full list of analyst forecasts on Paylocity stock, see the PCTY Stock Forecast page.
Spark’s Take on PCTY Stock
According to Spark, TipRanks’ AI Analyst, PCTY is a Outperform.
Paylocity’s strong financial performance and positive earnings call are significant strengths, indicating robust growth and profitability. However, technical indicators suggest bearish momentum, and the high valuation poses a risk. Macroeconomic uncertainty also tempers the outlook.
To see Spark’s full report on PCTY stock, click here.
More about Paylocity
Average Trading Volume: 632,766
Technical Sentiment Signal: Sell
Current Market Cap: $7.96B
For an in-depth examination of PCTY stock, go to TipRanks’ Overview page.