The company's latest quarterly earnings report is scheduled for Wednesday, May 6th, with a consensus estimate EPS of 2.58.
Paylocity Holding Corporation (PCTY) is currently trading at $103.36, representing a price increase of $2 (1.95%) from the previous close. The trading volume is notably higher than average at $182,895.
In the most recent earnings report on Wednesday, February 4th, the company exceeded expectations with a consensus estimate EPS of 1.57.
The company's cash flow indicates a free cash flow of $113.64 million and a net change in cash of -$2.70 million.
PCTY reported a revenue of $416.13 million and a net income of $50.20 million, with an EPS of 93 cents.
Key ratios show a healthy gross profit margin of 67.8%, a net profit margin of 12.06%, and a return on equity of 4.57.
The balance sheet reflects total assets of $6.97 billion, total liabilities of $5.87 billion, and net debt of $15 million.
With positive momentum leading up to the earnings report, investors are eagerly awaiting Paylocity Holding Corporation's financial performance in the coming days.
Paylocity Holding Corporation provides cloud-based human capital management and payroll software solutions for workforce in the United States. The company offers Payroll and Tax Services solution to simplifies payroll, automates processes, and manages compliance requirements within one system; and expense management, on demand payment, and garnishment solutions. It also provides human capital management and employee self-service solutions, document library, compliance dashboard, and HR edge; time and attendance solution; schedule tracking services; and time collection devices, including kiosks, time clocks, and mobile and web applications. In addition, the company offers talent management solutions comprising recruiting and onboarding, as well as learning, performance, and compensation management; employee benefits management and third-party administrative solutions; employee experiences solutions, including community, premium video, survey, and peer recognition; and insights and recommendations solutions, such as modern workforce index, data insights, and reporting. Further, it provides implementation and training, client, and tax and regulatory services. The company serves for-profit and non-profit organizations across industries, including business services, financial services, healthcare, manufacturing, restaurants, retail, technology, and others. It sells its products through sales representatives. The company was founded in 1997 and is headquartered in Schaumburg, Illinois.