Understanding Paychex Stock Symbol and Its Performance

Paychex is a well-established company in the payroll and human capital management space. The company's stock symbol is PAYX.

Paychex was founded in 1971 and has since grown to become one of the largest payroll processing companies in the US. Its stock has been publicly traded since 1983.

The PAYX stock symbol is widely recognized on major stock exchanges, including the NASDAQ.

Paychex stock symbol, PAYX, has some impressive financial metrics. Its Return on Assets (Normalized) is 15.35%, significantly higher than its peers.

The company's Return on Equity (Normalized) is also noteworthy, standing at 46.01%. This suggests that PAYX is generating strong profits from its equity investments.

To break down these metrics further, let's take a look at the normalized return on invested capital for PAYX, PAYC, and ADP:

Overall, PAYX's financial data suggests a strong and profitable business model.

Paychex Inc. has a 35-year stock price history, with an all-time high closing price of $150.87 on February 5, 2025. This is a significant milestone for the company.

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The 52-week high stock price is $151.72, which is 2.2% above the current share price. Paychex Inc.'s stock price has fluctuated over the years, but it's essential to keep an eye on the current market trends.

The average stock price for the last 52 weeks is $131.72. This gives investors a better understanding of the company's overall stock performance.

Paychex Inc.'s stock price has experienced significant growth over the years. In 2021, the stock price increased by 50.17% compared to the previous year. This is a notable achievement for the company.

Here's a breakdown of the average stock price for each year over the past 35 years:

Paychex Inc.'s stock price has experienced significant fluctuations over the past 35 years, but the company has consistently shown growth and resilience in the market.

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When analyzing a company's financial health, it's essential to look at their fundamental data. This includes key metrics such as revenue, profit, and earnings per share (EPS).

Revenue is a critical indicator of a company's growth and performance. For the year ending 31/05/2024, the revenue was $5,278.30 million, compared to $5,007.10 million for the year ending 31/05/2023.

Profit before tax is another crucial metric that shows how much money a company has made before paying taxes. The profit before tax for the year ending 31/05/2024 was $2,218.00 million, an increase from $2,048.20 million for the previous year.

Adjusted EPS is a measure of a company's profitability per share. The adjusted EPS for the year ending 31/05/2024 was 469.00 cents, up from 432.00 cents for the previous year.

Here's a summary of the key fundamental data for the company:

These metrics provide valuable insights into a company's financial performance and help investors make informed decisions.

Paychex has a strong track record of meeting revenue estimates, with 13 analysts predicting an average revenue of $5,516 USD for the current year ending 05/31/25.

The average estimate for revenue growth is $5,819 USD for the next year ending 05/31/26, according to 12 analysts.

The number of analysts providing earnings estimates for Paychex has been steadily increasing, with 16 analysts providing estimates for the current year ending 05/31/25, and 10 analysts providing estimates for the next year ending 05/31/26.

Here's a summary of the estimated revenue growth for Paychex:

Valuation is a crucial aspect of investing, and it's essential to understand the various metrics used to determine a company's value. The Price/Earnings (Normalized) ratio for PAYX, PAYC, and ADP is 31.23, 26.70, and 32.32, respectively.

These ratios indicate how much investors are willing to pay for each dollar of earnings. PAYX has the highest ratio, suggesting that investors are willing to pay more for its earnings.

The Price/Book Value ratio for PAYX is 13.75, while for PAYC it's 7.76, and for ADP it's 25.02. This ratio shows how much investors are willing to pay for each dollar of a company's book value.

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Here are the valuation metrics for the three companies in a concise table:

The Price/Sales ratio for PAYX is 10.10, while for PAYC it's 6.55, and for ADP it's 6.81. This ratio indicates how much investors are willing to pay for each dollar of sales.

Paychex Estimates are a crucial aspect of understanding the company's financial health and future prospects. Paychex Estimates for the year 2025 show a revenue of $5,516 USD, with a growth rate of 5.31 USD per share.

The number of analysts estimating Paychex' earnings is 16 as of the current year ending 05/31/25, with an average estimate of 5.309 USD per share. This is a significant increase from the previous year's estimate.

A total of 13 analysts are estimating Paychex' revenue for the year 2025, with an average estimate of 5,516 USD. This is slightly higher than the previous year's estimate of 5,278 USD.

Here's a breakdown of the estimated earnings and revenue for Paychex:

It's worth noting that the number of analysts estimating Paychex' earnings is decreasing from 16 in the current year to 10 in the next year. This could indicate a decrease in market interest or confidence in the company's future prospects.

Analyst opinions play a significant role in shaping the market's perception of a company's prospects. Analysts from top firms like Barclays Capital, Morgan Stanley, and RBC Capital Markets have been following Paychex closely.

Barclays Capital has maintained a hold rating on Paychex since July 1, 2024, with a price target of $118. Morgan Stanley also maintained a hold rating on June 27, 2024, with a price target of $122.

RBC Capital Markets has a history of maintaining a hold rating on Paychex, with a price target of $130 on multiple occasions, including June 27, 2024, and September 28, 2023. Baird Patrick & Co also maintained a hold rating on June 27, 2024, with a price target of $124.

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On the other hand, some analysts have been more bearish on Paychex. Bank of America Merrill Lynch maintained a sell rating on Paychex on June 27, 2024, with a price target of $113. J.P. Morgan also maintained a sell rating on December 22, 2023, with a price target of $126.

Here are the analysts' ratings and price targets:

As you can see, there's a mix of opinions on Paychex from top analysts. It's essential to consider multiple perspectives when making investment decisions.