As on Wednesday, Paychex Inc. (NASDAQ: PAYX) started slowly as it slid -1.80% to $132.50, before settling in for the price of $134.93 at the close. Taking a more long-term approach, PAYX posted a 52-week range of $106.27-$137.40.
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It was noted that the giant of the Technology sector posted annual sales growth of 7.04% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 10.30%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 5.37%. This publicly-traded company’s shares outstanding now amounts to $360.10 million, simultaneously with a float of $321.32 million. The organization now has a market capitalization sitting at $47.67 billion. At the time of writing, stock’s 50-day Moving Average stood at $127.13, while the 200-day Moving Average is $123.20.
Paychex Inc. (PAYX) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Software – Application industry. Paychex Inc.’s current insider ownership accounts for 10.68%, in contrast to 77.48% institutional ownership. According to the most recent insider trade that took place on Aug 26 ’24, this organization’s Director sold 8,641 shares at the rate of 130.69, making the entire transaction reach 1,129,292 in total value, affecting insider ownership by 761.
Paychex Inc. (PAYX) Earnings and Revenue Records
Paychex Inc.’s EPS increase for this current 12-month fiscal period is 5.37% and is forecasted to reach 5.28 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.19% through the next 5 years, which can be compared against the 10.30% 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 1.37. The Stock has managed to achieve an average true range (ATR) of 2.40. Alongside those numbers, its PE Ratio stands at $28.38, and its Beta score is 0.99. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 9.03. Similarly, its price to free cash flow for trailing twelve months is now 27.45.
In the same vein, PAYX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 4.67, a figure that is expected to reach 1.14 in the next quarter, and analysts are predicting that it will be 5.28 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 1.4 million was lower the volume of 1.8 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 62.34% While, its Average True Range was 2.49.
Raw Stochastic average of Paychex Inc. (PAYX) in the period of the previous 100 days is set at 77.73%, which indicates a major rise in contrast to 42.22% 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 17.14% that was lower than 19.64% volatility it exhibited in the past 100-days period.
