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Paylocity, a cloud-based human resources and payroll software solutions company, acquired headcount planning firm Trace. The move will enable Paylocity to expand its platform and offer labor planning tools to model, forecast, implement and analyze headcount decisions, the company said in a Monday (Dec. 4) press release.
SCHAUMBURG, Ill., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced the acquisition of TraceHQ.com, Inc. (“Trace”), an innovative solution for headcount planning, which helps organizations plan and manage their most important investment – their people.
Paylocity appears undervalued using Cash Flow Returns On Investments based DCF tools. Given stronger growth and improving margins, the company deserves to be on higher valuation multiples compared to peers. We initiate Paylocity with a buy rating and FY24 warranted DCF value of $206.
Q 1 2024 Recurring & Other Revenue of $291.7 million, up 19% year-over-year Q 1 2024 Total Revenue of $317.6 million, up 25% year-over-year SCHAUMBURG, Ill., Nov. 02, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY), a leading provider of cloud-based HCM and payroll software solutions, today announced financial results for the first quarter of fiscal year 2024, which ended ...
SCHAUMBURG, Ill., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today introduces two new products, Recognition & Rewards and Employee Voice, to help business leaders and HR teams build culture and employee engagement while attracting and retaining talent more effectively.
SCHAUMBURG, Ill., Oct. 17, 2023 (GLOBE NEWSWIRE) -- Paylocity Holding Corporation (Nasdaq: PCTY ), a leading provider of cloud-based HR and payroll software solutions, today announced that it has scheduled a conference call to review its first quarter fiscal 2024 results for Thursday, November 2nd at 4:30 pm Central Time (5:30 pm Eastern Time).
SCHAUMBURG, Ill., Oct. 09, 2023 (GLOBE NEWSWIRE) -- Paylocity (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll software solutions, today announced the winners of its inaugural Elevate Awards, honoring forward-thinking HR teams that are solving business challenges through innovative use of technology.
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