Paychex Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 66 out of 159 in the Professional & Commercial Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Hold, with the highest price target at 113.10.In the medium term, the stock price is expected to trend down.The company has been performing well in the stock market over the past month, which is supported by its strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of Paychex Inc is 8.24, ranking 20 out of 159 in the Professional & Commercial Services industry. Its financial status is stable, and its operating efficiency is high. Its latest quarterly revenue reached 1.56B, representing a year-over-year increase of 18.28%, while its net profit experienced a year-over-year increase of 4.35%.
Key Metrics
The current valuation score of Paychex Inc is 5.03, ranking 147 out of 159 in the Professional & Commercial Services industry. Its current P/E ratio is 21.09, which is 64.62% below the recent high of 34.73 and 6.53% above the recent low of 19.72.
The current earnings forecast score of Paychex Inc is 5.78, ranking 131 out of 159 in the Professional & Commercial Services industry. The average price target is 127.72, with a high of 148.00 and a low of 114.00.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of Paychex Inc is 7.34, ranking 38 out of 159 in the Professional & Commercial Services industry. Currently, the stock price is trading between the resistance level at 100.72 and the support level at 86.59, making it suitable for range-bound swing trading.
The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.
This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.
Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.
The current institutional shareholding score of Paychex Inc is 7.00, ranking 78 out of 159 in the Professional & Commercial Services industry. The latest institutional shareholding proportion is 82.85%, representing a quarter-over-quarter increase of 0.47%. The largest institutional shareholder is The Vanguard, holding a total of 42.20M shares, representing 11.76% of shares outstanding, with 33.71% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Professional & Commercial Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Paychex Inc is 9.38, ranking 11 out of 159 in the Professional & Commercial Services industry. The company's beta value is 0.86. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Paychex Inc’s latest ESG disclosure leads the Professional & Commercial Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.
