Paychex Inc. (NASDAQ: PAYX) started the day on December 23, 2020, with a price decrease of -2.31% at $94.40. During the day, the stock rose to $99.95 and sunk to $94.32 before settling in for the price of $96.63 at the close. Taking a more long-term approach, PAYX posted a 52-week range of $47.87-$97.19.
The Industrials Sector giants’ yearly sales growth during the last 5-year period was 8.10%. Meanwhile, its Annual Earning per share during the time was 10.40%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.20%. This publicly-traded company’s shares outstanding now amounts to $359.10 million, simultaneously with a float of $320.77 million. The organization now has a market capitalization sitting at $33.49 billion. At the time of writing, stock’s 50-day Moving Average stood at $89.69, while the 200-day Moving Average is $76.20.
Let’s gauge the efficiency of the firm, which has a total of 15600 employees. It has generated 255,728 per worker during the last fiscal year. Meanwhile, its income per employee was 69,500. The stock had 4.91 Receivables turnover and 0.46 Total Asset turnover. For the Profitability, stocks gross margin was +68.30, operating margin was +36.15 and Pretax Margin of +35.57.
Paychex Inc. (PAYX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Staffing & Employment Services Industry. Paychex Inc.’s current insider ownership accounts for 10.70%, in contrast to 73.00% institutional ownership. According to the most recent insider trade that took place on Nov 18, this organization’s Sr. VP of Sales sold 53,911 shares at the rate of 92.23, making the entire transaction reach 4,972,212 in total value, affecting insider ownership by 84,722. Preceding that transaction, on Nov 16, Company’s Director sold 12,156 for 92.41, making the whole transaction’s value amount to 1,123,336. This particular insider is now the holder of 1,082 in total.
Paychex Inc. (PAYX) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 8/30/2020, the organization reported $0.63 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at $0.55) by $0.08. This company achieved a net margin of +27.18 while generating a return on equity of 40.66. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.89 per share during the current fiscal year.
Paychex Inc.’s EPS increase for this current 12-month fiscal period is 6.20% and is forecasted to reach 3.06 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 3.39% through the next 5 years, which can be compared against the 10.40% growth it accomplished over the previous five years trading on the market.
Paychex Inc. (NASDAQ: PAYX) Trading Performance Indicators
Let’s observe the current performance indicators for Paychex Inc. (PAYX). It’s Quick Ratio in the last reported quarter now stands at 1.30. The Stock has managed to achieve an average true range (ATR) of 1.85. Alongside those numbers, its PE Ratio stands at $32.59, and its Beta score is 0.91. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 8.41. Similarly, its price to free cash flow for trailing twelve months is now 72.53.
In the same vein, PAYX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 2.90, a figure that is expected to reach 0.66 in the next quarter, and analysts are predicting that it will be 3.06 at the market close of one year from today.
Technical Analysis of Paychex Inc. (PAYX)
If we take a close look at the recent performances of Paychex Inc. (NASDAQ: PAYX), its last 5-days Average volume was 2.47 million that shows progress from its year to date volume of 2.12 million. During the previous 9 days, stock’s Stochastic %D was recorded 74.04% While, its Average True Range was 2.08.
Raw Stochastic average of Paychex Inc. (PAYX) in the period of the previous 100 days is set at 80.16%, which indicates a major rise in contrast to 39.80% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 20.21% that was lower than 22.94% volatility it exhibited in the past 100-days period.