Large-cap Consumer Discretionary company Paychex has moved 1.5% so far today on a volume of 2,637,724, compared to its average of 1,867,666. In contrast, the S&P 500 index moved -1.0%.
Paychex trades -1.31% away from its average analyst target price of $121.11 per share. The 15 analysts following the stock have set target prices ranging from $111.0 to $130.0, and on average have given Paychex a rating of hold.
Anyone interested in buying PAYX should be aware of the facts below:
-
Paychex's current price is 289.4% above its Graham number of $30.69, which implies that at its current valuation it does not offer a margin of safety
-
Paychex has moved 7.8% over the last year, and the S&P 500 logged a change of 20.1%
-
Based on its trailing earnings per share of 4.59, Paychex has a trailing 12 month Price to Earnings (P/E) ratio of 26.0 while the S&P 500 average is 15.97
-
PAYX has a forward P/E ratio of 24.0 based on its forward 12 month price to earnings (EPS) of $4.98 per share
-
The company has a price to earnings growth (PEG) ratio of 3.29 — a number near or below 1 signifying that Paychex is fairly valued compared to its estimated growth potential
-
Its Price to Book (P/B) ratio is 11.48 compared to its sector average of 4.24
-
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.
-
Based in Rochester, the company has 16,000 full time employees and a market cap of $43.02 Billion. Paychex currently returns an annual dividend yield of 3.0%.