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Short Report on Paychex Stock

Large-cap Industrials company Paychex has moved -2.3% so far today on a volume of 574,652, compared to its average of 2,513,985. In contrast, the S&P 500 index moved -0.0%.

Paychex trades -9.54% away from its average analyst target price of $136.92 per share. The 12 analysts following the stock have set target prices ranging from $122.0 to $150.0, 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 261.3% above its Graham number of $34.28, which implies that at its current valuation it does not offer a margin of safety

  • Paychex has moved -9.9% over the last year, and the S&P 500 logged a change of 17.1%

  • Based on its trailing earnings per share of 4.46, Paychex has a trailing 12 month Price to Earnings (P/E) ratio of 27.8 while the S&P 500 average is 29.3

  • PAYX has a forward P/E ratio of 23.4 based on its forward 12 month price to earnings (EPS) of $5.29 per share

  • Its Price to Book (P/B) ratio is 11.23 compared to its sector average of 2.89

  • Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India.

  • Based in Rochester, the company has 19,000 full time employees and a market cap of $45.05 Billion. Paychex currently returns an annual dividend yield of 3.3%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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