On Friday, Paychex Inc (NASDAQ: PAYX) was -0.15% drop from the session before settling in for the closing price of $141.19. A 52-week range for PAYX has been $114.72 – $150.71.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Technology Sector giant saw their annual sales surged by 7.04% over the last five years. When this article was written, the company’s average yearly earnings per share was at 5.40%. With a float of $321.82 million, this company’s outstanding shares have now reached $359.90 million.
The firm has a total of 16500 workers. Let’s measure their productivity. In terms of profitability, gross margin is 71.77%, operating margin of 41.13%, and the pretax margin is 41.91%.
Paychex Inc (PAYX) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Paychex Inc stocks. The insider ownership of Paychex Inc is 10.58%, while institutional ownership is 78.15%. The most recent insider transaction that took place on Nov 14 ’24, was worth 380,070. Before that another transaction happened on Nov 13 ’24, when Company’s 10% Owner proposed sale 44,190 for $147.80, making the entire transaction worth $6,531,282.
Paychex Inc (PAYX) Recent Fiscal highlights
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.40% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.96% during the next five years compared to 10.30% growth over the previous five years of trading.
Paychex Inc (NASDAQ: PAYX) Trading Performance Indicators
You can see what Paychex Inc (PAYX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.38. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.54. Likewise, its price to free cash flow for the trailing twelve months is 31.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.69, a number that is poised to hit 1.12 in the next quarter and is forecasted to reach 5.28 in one year’s time.
Technical Analysis of Paychex Inc (PAYX)
Analysing the last 5-days average volume posted by the [Paychex Inc, PAYX], we can find that recorded value of 2.04 million was better than the volume posted last year of 1.77 million. As of the previous 9 days, the stock’s Stochastic %D was 22.50%. Additionally, its Average True Range was 2.22.
During the past 100 days, Paychex Inc’s (PAYX) raw stochastic average was set at 66.02%, which indicates a significant increase from 18.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 10.57% in the past 14 days, which was lower than the 18.44% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $142.56, while its 200-day Moving Average is $129.00. Now, the first resistance to watch is $141.76. This is followed by the second major resistance level at $142.54. The third major resistance level sits at $143.21. If the price goes on to break the first support level at $140.30, it is likely to go to the next support level at $139.63. Now, if the price goes above the second support level, the third support stands at $138.85.
Paychex Inc (NASDAQ: PAYX) Key Stats
There are 359,898K outstanding shares of the company, which has a market capitalization of 50.66 billion. As of now, sales total 5,278 M while income totals 1,690 M. Its latest quarter income was 1,319 M while its last quarter net income were 427,400 K.
