Paychex Inc (NASDAQ: PAYX): Do Not Miss The Gain Train

Paychex Inc (PAYX) concluded trading on Wednesday at a closing price of $150.19, with 4.43 million shares of worth about $665.29 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.03% during that period and on March 26, 2025 the price saw a gain of about 4.20%. Currently the company’s common shares owned by public are about 360.10M shares, out of which, 322.16M shares are available for trading.

Stock saw a price change of 1.80% in past 5 days and over the past one month there was a price change of -0.54%. Year-to-date (YTD), PAYX shares are showing a performance of 7.11% which increased to 24.29% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $114.72 but also hit the highest price of $158.37 during that period. The average intraday trading volume for Paychex Inc shares is 1.97 million. The stock is currently trading 1.27% above its 20-day simple moving average (SMA20), while that difference is up 1.56% for SMA50 and it goes to 9.53% higher than SMA200.

Paychex Inc (NASDAQ: PAYX) currently have 360.10M outstanding shares and institutions hold larger chunk of about 79.24% of that.

The stock has a current market capitalization of $54.08B and its 3Y-monthly beta is at 0.92. PE ratio of stock for trailing 12 months is 31.60, while it has posted earnings per share of $4.75 in the same period. Its PEG reads 5.09 and has Quick Ratio of 1.39 while making debt-to-equity ratio of 0.22. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for PAYX, volatility over the week remained 2.49% while standing at 2.35% over the month.

Stock’s fiscal year EPS is expected to rise by 5.78% while it is estimated to increase by 6.23% in next year. EPS is likely to shrink at an annualized rate of 6.21% for next 5-years, compared to annual growth of 10.30% made by the stock over the past 5-years.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by TD Cowen on December 22, 2023 offering a Market perform rating for the stock and assigned a target price range of between $132 and $123 to it. Coverage by Barclays stated Paychex Inc (PAYX) stock as an Equal weight in their note to investors on December 14, 2023, suggesting a price target of $126 for the stock. On November 07, 2023, UBS Initiated their recommendations, while on September 05, 2023, RBC Capital Mkts Initiated their ratings for the stock with a price target of $130. Stock get a Neutral rating from UBS on June 02, 2023.

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