As on September 27, 2021, Paychex Inc. (NASDAQ: PAYX) started slowly as it slid -1.10% to $108.77. During the day, the stock rose to $109.84 and sunk to $108.64 before settling in for the price of $109.98 at the close. Taking a more long-term approach, PAYX posted a 52-week range of $75.32-$118.22.
In the past 5-years timespan, the Industrials sector firm’s annual sales growth was 6.60%. Meanwhile, its Annual Earning per share during the time was 7.70%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -0.40%. This publicly-traded company’s shares outstanding now amounts to $360.20 million, simultaneously with a float of $321.81 million. The organization now has a market capitalization sitting at $39.34 billion. At the time of writing, stock’s 50-day Moving Average stood at $112.89, while the 200-day Moving Average is $101.13.
If we measure the efficiency of the company that is accounted for 15000 employees. It has generated 270,453 per worker during the last fiscal year. Meanwhile, its income per employee was 73,167. The stock had 4.40 Receivables turnover and 0.45 Total Asset turnover. For the Profitability, stocks gross margin was +68.66, operating margin was +36.01 and Pretax Margin of +35.35.
Paychex Inc. (PAYX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Staffing & Employment Services industry. Paychex Inc.’s current insider ownership accounts for 10.70%, in contrast to 73.90% institutional ownership. According to the most recent insider trade that took place on Aug 03, this organization’s VP/Controller sold 2,238 shares at the rate of 113.49, making the entire transaction reach 253,991 in total value, affecting insider ownership by 10,173. Preceding that transaction, on Aug 01, Company’s VP/Controller sold 686 for 113.82, making the whole transaction’s value amount to 78,081. This particular insider is now the holder of 12,411 in total.
Paychex Inc. (PAYX) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 5/30/2021, the company posted $0.72 earnings per share (EPS) for the quarter, besting the agreed prediction (set at $0.67) by $0.05. This company achieved a net margin of +27.05 while generating a return on equity of 38.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.79 per share during the current fiscal year.
Paychex Inc.’s EPS decrease for this current 12-month fiscal period is -0.40% and is forecasted to reach 3.86 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 6.83% through the next 5 years, which can be compared against the 7.70% 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 1.20. The Stock has managed to achieve an average true range (ATR) of 1.40. Alongside those numbers, its PE Ratio stands at $35.90, 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 9.70. Similarly, its price to free cash flow for trailing twelve months is now 114.73.
In the same vein, PAYX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 3.03, a figure that is expected to reach 0.80 in the next quarter, and analysts are predicting that it will be 3.86 at the market close of one year from today.
Technical Analysis of Paychex Inc. (PAYX)
Through scrutinizing the latest numbers posted by the [Paychex Inc., PAYX], it can be observed that its last 5-days Average volume of 1.29 million was lower the volume of 1.64 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.56% While, its Average True Range was 1.38.
Raw Stochastic average of Paychex Inc. (PAYX) in the period of the previous 100 days is set at 57.24%, which indicates a major rise in contrast to 25.96% 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 9.73% that was lower than 12.96% volatility it exhibited in the past 100-days period.