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Paychex (PAYX)
NASDAQ:PAYX
Holding PAYX?
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PAYX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$106.27 - $142.04
Previous Close$137.44
Volume1.08M
Average Volume (3M)1.81M
Market Cap
$49.46B
Enterprise Value$48.87B
Total Cash (Recent Filing)$1.46B
Total Debt (Recent Filing)$867.00M
Price to Earnings (P/E)29.3
Beta0.84
Next Earnings
Dec 18, 2024EPS Estimate
$1.13Last Dividend Ex-Date
Aug 08, 2024Dividend Yield2.7%
Share Statistics
EPS (TTM)4.69
Shares Outstanding359,898,021
10 Day Avg. Volume2,369,543
30 Day Avg. Volume1,806,976
Standard Deviation0.07
R-Squared0.59
Alpha0.00039
Financial Highlights & Ratios
Price to Book (P/B)13.02
Price to Sales (P/S)9.45
Price to Cash Flow (P/CF)56.30
P/FCF Ratio68.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue9.20
Enterprise Value/Gross Profit12.86
Enterprise Value/Ebitda20.02
Forecast
1Y Price Target
$134.60Price Target Upside-2.58% Downside
Rating ConsensusHold
Number of Analyst Covering10
Paychex News
PremiumMarket News
QQQ ETF Update, 10/3/2024
Bulls Say, Bears Say
Bulls Say
Financial PerformancePAYX beat top- and bottom-line expectations in FQ1, despite headwinds to Management Solutions growth.
Market PerformanceShares have recently outperformed amid broader market rotation, leaving valuation at approximately a 2-year average.
Product InnovationEncouraged by recent product rollouts, which are viewed as important drivers of incremental cross-sell attach, particularly in a period of flat PPC growth.
Bears Say
Guidance And ProjectionsPAYX lowered the company's guidance from $150M-$160M to $145M-$155M to account for a greater number of Fed interest rate cuts moving forward.
Market DynamicsThere is more potential downside bias near-term stemming from muted US labor market dynamics and a lower interest rate outlook compared to when it last reported.
ValuationValuation remains a sticking point for relative growth, and more likely downside vs. upside estimate risk is modeled as FF cuts progress amid an uncertain employment outlook.
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Ownership Overview
10.74% Insiders
20.79% Mutual Funds
0.13% Other Institutional Investors
43.57% Public Companies and Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
Website Traffic
The estimated number of people who visited one or more of the websites owned by Paychex
Desktop Users
Mobile Users
PAYX FAQ
What was Paychex’s price range in the past 12 months?
Paychex lowest stock price was $106.27 and its highest was $142.04 in the past 12 months.
What is Paychex’s market cap?
Currently, no data Available
When is Paychex’s upcoming earnings report date?
Paychex’s upcoming earnings report date is Dec 18, 2024 which is in 70 days.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Oct 01, 2024. The company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $1.138 by $0.022.
Is Paychex overvalued?
According to Wall Street analysts Paychex’s price is currently Overvalued.
Does Paychex pay dividends?
Paychex pays a Quarterly dividend of $0.98 which represents an annual dividend yield of 2.7%. See more information on Paychex dividends here
What is Paychex’s EPS estimate?
Paychex’s EPS estimate is $1.13.
How many shares outstanding does Paychex have?
Paychex has 359,898,000 shares outstanding.
What happened to Paychex’s price movement after its last earnings report?
Paychex reported an EPS of $1.16 in its last earnings report, beating expectations of $1.138. Following the earnings report the stock price went up 4.918%.
Which hedge fund is a major shareholder of Paychex?
Among the largest hedge funds holding Paychex’s share is Gotham Asset Management LLC. It holds Paychex’s shares valued at 8M.
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Paychex Stock Smart Score
Unlock Smart Score
1
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10
Analyst Consensus
Hold
Average Price Target:
$134.60 (-2.58% Downside)
$134.60 (-2.58% Downside)
Blogger Sentiment
Bullish
PAYX Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 33.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $10.2M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.0%
Last 30 Days ▲ 6.6%
Last 30 Days ▲ 6.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
20.76%
12-Months-Change
Fundamentals
Return on Equity
45.67%
Trailing 12-Months
Asset Growth
-14.02%
Trailing 12-Months
Company Description
Paychex
Paychex, Inc. is one of the leading providers of integrated human capital management solutions in the United States and Europe. The company offers human resource, payroll, retirement, and insurance services for organizations of any size, from startup to enterprise.
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PAYX Company Deck
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PAYX Earnings Call
Q1 2024
0:00 / 0:00
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PAYX Revenue Breakdown
73.25% Management Solutions
23.98% PEO and Insurance Solutions
2.77% Interest on funds held for clients
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PAYX Stock 12 Month Forecast
Average Price Target
$134.60
▼(-2.58% Downside)
Technical Analysis
Best Analysts Covering PAYX
1 Year
1 Year Success Rate
3/19 ratings generated profit
1 Year Average Return
-11.33%
reiterated a sell rating 2 months ago
Copying Jason Kupferberg's trades and holding each position for 1 Year would result in 15.79% of your transactions generating a profit, with an average return of -11.33% per trade.
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