Paychex Inc (NASDAQ: PAYX): Reassessing Prospects

Paychex Inc (PAYX) concluded trading on Wednesday at a closing price of $137.94, with 9.26 million shares of worth about $1.28 billion changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.09% during that period and on June 25, 2025 the price saw a loss of about -9.40%. Currently the company’s common shares owned by public are about 360.20M shares, out of which, 322.15M shares are available for trading.

Stock saw a price change of -9.56% in past 5 days and over the past one month there was a price change of -11.63%. Year-to-date (YTD), PAYX shares are showing a performance of 9.51% which decreased to -1.63% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $115.40 but also hit the highest price of $161.24 during that period. The average intraday trading volume for Paychex Inc shares is 2.08 million. The stock is currently trading -10.62% below its 20-day simple moving average (SMA20), while that difference is down -9.04% for SMA50 and it goes to -5.14% lower than SMA200.

Paychex Inc (NASDAQ: PAYX) currently have 360.20M outstanding shares and institutions hold larger chunk of about 79.32% of that.

The stock has a current market capitalization of $49.68B and its 3Y-monthly beta is at 0.90. PE ratio of stock for trailing 12 months is 28.69, while it has posted earnings per share of $4.81 in the same period. It has Quick Ratio of 1.39 while making debt-to-equity ratio of 0.21. 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 5.23% while standing at 2.30% over the month.

Stock’s fiscal year EPS is expected to rise by 7.56% while it is estimated to increase by 8.07% in next year.

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.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.