Large-cap consumer discretionary company Paychex has moved 1.6% this afternoon, reaching $114.28 per share. In contrast, the average analyst target price for the stock is $119.92.
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company is based in the United States. Paychex currently returns an annual dividend yield of 3.0%.
Make Sure to Consider the Following Before Buying Paychex:
Paychex has moved -0.0% over the last year.
PAYX has a forward P/E ratio of 22.8 based on its EPS guidance of 5.02.
Over the last 6 years, earnings per share (EPS) have been growing at a compounded average rate of 7.7%.
The company has a price to earnings growth (PEG) ratio of 2.94.
Its Price to Book (P/B) ratio is 11.51
Paychex Has Generally Positive Cash Flows
|Date Reported||Cash Flow from Operations ($ k)||Capital expenditures ($ k)||Free Cash Flow ($ k)||YoY Growth (%)|
Paychex's free cash flows are strong in the aggregate, since they average out to $1.21 Billion over the last 6 years. But they are highly variable since their coefficient of variability is 160.4%. The compounded average growth rate for this period stands at 12.8%.