Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Calculators
Education
About Us
Working with TipRanks
Follow Us
Paychex (PAYX)
NASDAQ:PAYX
Paychex (PAYX) Stock Price & Analysis
1,280 Followers
PAYX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$103.84 - $128.18
Previous Close$122.68
Volume1.82M
Average Volume (3M)1.91M
Market Cap
$44.18B
Enterprise Value$43.58B
Total Cash (Recent Filing)$1.47B
Total Debt (Recent Filing)$866.30M
Price to Earnings (P/E)26.3
Beta1.01
Next Earnings
Sep 25, 2024EPS Estimate
$1.14Next Dividend Ex-Date
Aug 08, 2024Dividend Yield2.98%
Share Statistics
EPS (TTM)4.67
Shares Outstanding359,963,341
10 Day Avg. Volume1,942,922
30 Day Avg. Volume1,905,762
Standard Deviation0.07
R-Squared0.57
Alpha-0.00173
Financial Highlights & Ratios
Price to Book (P/B)27.32
Price to Sales (P/S)9.05
Price to Cash Flow (P/CF)16.90
P/FCF Ratio17.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue8.39
Enterprise Value/Gross Profit11.47
Enterprise Value/Ebitda18.95
Forecast
1Y Price Target
$124.78Price Target Upside1.71% Upside
Rating ConsensusHold
Number of Analyst Covering10
Paychex News
PremiumMarket News
QQQ ETF Update, 6/26/2024 
PremiumMarket News
QQQ ETF Update, 6/24/2024 
Bulls Say, Bears Say
Bulls Say
Client Demand And RetentionDemand for HR Outsourcing, Advisory, and Retirement Solutions are strong with PEO +9% yoy in FQ4 as clients are focusing on reducing costs and Retirement Solutions growing double digits yoy with an attractive long-term opportunity.
Dividend IncreasePAYX increased its quarterly dividend to $0.98 from $0.89.
Financial PerformancePAYX beat top- and bottom-line expectations in FQ4, despite ERTC continuing to weigh heavily on Management Solutions Growth.
Bears Say
Investor SentimentInvestor skepticism about FY25 outlook conservatism.
Market ConditionsAverage small business account inflow-to-outflow reached a 5-year low, likely due to increased operational costs.
Revenue GrowthF1Q25 revenue outlook of ~2% impacted by a 400bps headwind from ERTC.
---
Ownership Overview
12.01% Insiders
41.17% Mutual Funds
26.55% Other Institutional Investors
20.28% 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 $103.84 and its highest was $128.18 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 Sep 25, 2024 which is in 65 days.
How were Paychex’s earnings last quarter?
Paychex released its earnings results on Jun 26, 2024. The company reported $1.12 earnings per share for the quarter, beating the consensus estimate of $1.1 by $0.02.
Is Paychex overvalued?
According to Wall Street analysts Paychex’s price is currently Undervalued.
Does Paychex pay dividends?
Paychex pays a Quarterly dividend of $0.98 which represents an annual dividend yield of 2.98%. See more information on Paychex dividends here
What is Paychex’s EPS estimate?
Paychex’s EPS estimate is $1.14.
How many shares outstanding does Paychex have?
Paychex has 360,126,920 shares outstanding.
What happened to Paychex’s price movement after its last earnings report?
Paychex reported an EPS of $1.12 in its last earnings report, beating expectations of $1.1. Following the earnings report the stock price went down -6.111%.
Which hedge fund is a major shareholder of Paychex?
Among the largest hedge funds holding Paychex’s share is Auxier Asset Management. It holds Paychex’s shares valued at 5M.
---
Paychex Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$124.78 (1.71% Upside)
$124.78 (1.71% Upside)
Blogger Sentiment
Bullish
PAYX Sentiment 90%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Increased
By 14.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $28.3M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 3.4%
Last 30 Days ▲ 3.4%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
2.55%
12-Months-Change
Fundamentals
Return on Equity
46.35%
Trailing 12-Months
Asset Growth
-1.55%
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.
---
PAYX Company Deck
---
PAYX Earnings Call
Q4 2024
0:00 / 0:00
---
PAYX Revenue Breakdown
74.50% Management Solutions
23.50% PEO and Insurance Solutions
1.99% Interest on funds held for clients
---
PAYX Stock 12 Month Forecast
Average Price Target
$124.78
▲(1.71% Upside)
Technical Analysis
Best Analysts Covering PAYX
1 Year
1 Year Success Rate
3/18 ratings generated profit
1 Year Average Return
-8.02%
reiterated a sell rating 26 days ago
Copying Jason Kupferberg's trades and holding each position for 1 Year would result in 16.67% of your transactions generating a profit, with an average return of -8.02% per trade.
---