What is the downside for Paychex's stock?
14 brokerages have issued 1 year target prices for Paychex's stock. Their forecasts range from $81.00 to $125.00. On average, they anticipate Paychex's share price to reach $109.18 in the next year. This suggests that the stock has a possible downside of 12.1%.
Will Paychex (payx) stock rise even more in 2021?
Paychex is headquartered in Rochester, New York. Paychex, Inc. (PAYX) stock has skyrocketed in 2021, jumping +44.1%. And the payroll provider could rise even more due to beating earnings expectations and improved future guidance.
Where can I buy shares of payx?
Shares of PAYX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here.
Do analysts agree on Paychex's (payx) price targets?
The company's average rating score is 1.93, and is based on 2 buy ratings, 9 hold ratings, and 3 sell ratings. According to analysts' consensus price target of $109.18, Paychex has a forecasted downside of 12.1% from its current price of $124.25.
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Is Payx a buy?
The financial health and growth prospects of PAYX, demonstrate its potential to underperform the market. It currently has a Growth Score of C. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of B.
What Is the symbol for Paycheck?
PAYX(PAYX) Stock Price, News, Quote & History - Yahoo Finance.
What are the 5 mandatory deductions from your paycheck?
What are payroll deductions?Income tax.Social security tax.401(k) contributions.Wage garnishments. ... Child support payments.
What does ER mean on my paystub?
To keep this as simple and straightforward as possible, er stands for 'Employer Responsible'. This refers to the money that your employer pays for your healthcare coverage. There are also other abbreviations which can mean the same thing, and these abbreviations include 'ER HCV' and also 'ER Health Cov'.
Should I buy or sell Paychex stock right now?
13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Paychex in the last twelve months. There are currently...
What is Paychex's stock price forecast for 2022?
13 brokerages have issued 12 month target prices for Paychex's stock. Their forecasts range from $105.00 to $145.00. On average, they predict Paych...
How has Paychex's stock performed in 2022?
Paychex's stock was trading at $136.50 on January 1st, 2022. Since then, PAYX stock has decreased by 11.7% and is now trading at $120.58. View the...
When is Paychex's next earnings date?
Paychex is scheduled to release its next quarterly earnings announcement on Friday, June 24th 2022. View our earnings forecast for Paychex .
How were Paychex's earnings last quarter?
Paychex, Inc. (NASDAQ:PAYX) issued its quarterly earnings results on Wednesday, March, 30th. The business services provider reported $1.15 earnings...
How often does Paychex pay dividends? What is the dividend yield for Paychex?
Paychex announced a quarterly dividend on Friday, April 29th. Investors of record on Thursday, May 12th will be paid a dividend of $0.79 per share...
Is Paychex a good dividend stock?
Paychex(NASDAQ:PAYX) pays an annual dividend of $3.16 per share and currently has a dividend yield of 2.52%. Paychex has been increasing its divide...
How will Paychex's stock buyback program work?
Paychex declared that its Board of Directors has approved a share repurchase plan on Thursday, July 8th 2021, which permits the company to repurcha...
What guidance has Paychex issued on next quarter's earnings?
Paychex issued an update on its FY 2022 earnings guidance on Wednesday, April, 27th. The company provided EPS guidance of $3.724-$3.739 for the per...
Is Paychex stock a Buy, Sell or Hold?
Paychex stock has received a consensus rating of hold. The average rating score is and is based on 8 buy ratings, 19 hold ratings, and 5 sell ratings.
What was the 52-week low for Paychex stock?
The low in the last 52 weeks of Paychex stock was 100.32. According to the current price, Paychex is 123.68% away from the 52-week low.
What was the 52-week high for Paychex stock?
The high in the last 52 weeks of Paychex stock was 141.91. According to the current price, Paychex is 87.44% away from the 52-week high.
What are analysts forecasts for Paychex stock?
The 32 analysts offering price forecasts for Paychex have a median target of 106.56, with a high estimate of 145.00 and a low estimate of 64.00. Th...
When will Paychex repurchase its stock?
When will Paychex release its next earnings?
Paychex declared that its Board of Directors has authorized a share repurchase program on Thursday, July 8th 2021, which allows the company to buyback $400,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to buy up to 1% of its stock through open market purchases.
How much does Paychex make?
Paychex is scheduled to release its next quarterly earnings announcement on Tuesday, October 5th 2021. View our earnings forecast for Paychex.
What is the payout ratio of Paychex?
Paychex has a market capitalization of $40.39 billion and generates $4.06 billion in revenue each year. The business services provider earns $1.10 billion in net income (profit) each year or $3.04 on an earnings per share basis.
What is the official website of Paychex?
The dividend payout ratio of Paychex is 78.34%. Payout ratios above 75% are not desirable because they may not be sustainable.
What is Paychex's 2022 earnings?
The official website for Paychex is www.paychex.com.
What is Paychex's P/B ratio?
Paychex issued an update on its FY 2022 earnings guidance on Thursday, October, 28th. The company provided earnings per share guidance of $3.410-$3.470 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.38. The company issued revenue guidance of $4.38 billion-$4.38 billion, compared to the consensus revenue estimate of $4.36 billion.
Where is Paychex located?
Paychex has a P/B Ratio of 14.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.
What is Paychex valuation?
With headquarters in Rochester, New York, the company has more than 100 offices serving approximately 670,000 payroll clients in the U.S. and Europe.
What is Paychex 2021?
A valuation method that multiplies the price of a company's stock by the total number of outstanding shares. Paychex, Inc. is an American provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses.
How many analysts have rated Payx?
Reported on 6/25/21. Paychex, Inc. is an American provider of human resource, payroll, and benefits outsourcing services for small- to medium-sized businesses.
What is Paychex payroll?
20 analysts have issued ratings. Wall Street analysts rate PAYX as Neutral on average, for a Wall Street consensus of hold. View PAYX’s ratings here. 2 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on PAYX
Is Paychex a stock?
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small- to medium-sized businesses in the United States and Europe. The company offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, it provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. The company markets and sells its services primarily through its direct sales force. Paychex, Inc. was founded in 1979 and is headquartered in Rochester, New York.
Is Paychex publicly traded?
Paychex, Inc. is currently listed on NASDAQ under PAYX. One share of PAYX stock can currently be purchased for approximately $ 125.08.
Does PayX pay dividends?
Yes, Paychex, Inc. is publicly traded and listed as PAYX on the NASDAQ . It is currently being traded for approximately $ 125.08. View more information on PAYX here.
Where is Paychex located?
Yes, PAYX pays dividends. PAYX’s latest announced quarterly dividend was declared on 07/08/2021 for $0.66 and goes ex-dividend on 07/30/2021. You can view PAYX’s full dividend history and dividend summary on its Dividend Scorecard page.
How many X is Zacks?
The company maintains its corporate headquarters in Rochester, New York , and serves clients throughout the United States and Europe. The company has one business segment. Its fiscal year ends on May 31.
How many sectors are there in Zacks?
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
What are the different grades for stocks?
The Zacks Sector Rank assigns a rating to each of the 16 Sectors based on their average Zacks Rank.
Is ZacksTrade a separate company?
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.