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In the latest session, Paychex Inc (NASDAQ: PAYX) closed at $151.83 up 1.09% from its previous closing price of $150.19. In other words, the price has increased by $1.09 from its previous closing price. On the day, 2.64 million shares were traded. PAYX stock price reached its highest trading level at $152.13 during the session, while it also had its lowest trading level at $147.59.
Ratios:
For a deeper understanding of Paychex Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 33.13 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.28. For the most recent quarter (mrq), Quick Ratio is recorded 1.39 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 0.21 whereas as Long-Term Debt/Eq ratio is at 0.21.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on December 22, 2023, Downgraded its rating to Market Perform and sets its target price to $123 from $132 previously.
On December 14, 2023, Barclays Upgraded its rating to Equal Weight which previously was Underweight and also upped its target price recommendation from $107 to $126.
On November 07, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $120.UBS initiated its Neutral rating on November 07, 2023, with a $120 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jan 31 ’25 when GOLISANO B THOMAS bought 11,995 shares for $140.41 per share.
GOLISANO B THOMAS bought 76,790 shares of PAYX for $11,036,643 on Jan 15 ’25. On Jan 10 ’25, another insider, GOLISANO B THOMAS, who serves as the 10% Owner of the company, bought 80,580 shares for $139.88 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, PAYX now has a Market Capitalization of 54689165312 and an Enterprise Value of 51518590976. As of this moment, Paychex’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.58, and their Forward P/E ratio for the next fiscal year is 28.57. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.90. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.05 while its Price-to-Book (P/B) ratio in mrq is 13.29. Its current Enterprise Value per Revenue stands at 9.594 whereas that against EBITDA is 21.578.
Stock Price History:
The Beta on a monthly basis for PAYX is 0.90, which has changed by 0.24839664 over the last 52 weeks, in comparison to a change of 0.08572841 over the same period for the S&P500. Over the past 52 weeks, PAYX has reached a high of $158.37, while it has fallen to a 52-week low of $114.72. The 50-Day Moving Average of the stock is 2.53%, while the 200-Day Moving Average is calculated to be 10.61%.
Shares Statistics:
For the past three months, PAYX has traded an average of 2.00M shares per day and 2540260 over the past ten days. A total of 360.20M shares are outstanding, with a floating share count of 322.16M. Insiders hold about 10.53% of the company’s shares, while institutions hold 79.25% stake in the company. Shares short for PAYX as of 1741910400 were 14199600 with a Short Ratio of 7.09, compared to 1739491200 on 13528837. Therefore, it implies a Short% of Shares Outstanding of 14199600 and a Short% of Float of 4.42.
Dividends & Splits
According to the company, the forward annual dividend rate for PAYX is 3.92, from 0.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0The stock’s 5-year Average Dividend Yield is 2.7. The current Payout Ratio is 78.19% for PAYX, which recently paid a dividend on 2025-02-07 with an ex-dividend date of 1738886400. Stock splits for the company last occurred on 2000-05-23 when the company split stock in a 3:2 ratio.
Earnings Estimates
Currently, 15.0 analysts are dedicated to thoroughly evaluating and rating the performance of Paychex Inc (PAYX) in the stock market.The consensus estimate for the next quarter is $1.24, with high estimates of $1.29 and low estimates of $1.2.
Analysts are recommending an EPS of between $5.02 and $4.73 for the fiscal current year, implying an average EPS of $4.97. EPS for the following year is $5.3, with 17.0 analysts recommending between $5.61 and $5.0.
Revenue Estimates
A total of 11 analysts believe the company’s revenue will be $1.37B this quarter.It ranges from a high estimate of $1.44B to a low estimate of $1.35B. As of the current estimate, Paychex Inc’s year-ago sales were $1.3BFor the next quarter, 11 analysts are estimating revenue of $1.43B. There is a high estimate of $1.58B for the next quarter, whereas the lowest estimate is $1.37B.
A total of 15 analysts have provided revenue estimates for PAYX’s current fiscal year. The highest revenue estimate was $5.58B, while the lowest revenue estimate was $5.49B, resulting in an average revenue estimate of $5.51B. In the same quarter a year ago, actual revenue was $5.28BBased on 15 analysts’ estimates, the company’s revenue will be $5.91B in the next fiscal year. The high estimate is $6.64B and the low estimate is $5.74B.
