Paychex Inc
Prices are adjusted according to historical splits.
Vitals
- Today's Low:
- $119.39
- Today's High:
- $120.12
- Open Price:
- $119.89
- 52W Low:
- $102.6258
- 52W High:
- $128.7684
- Prev. Close:
- $119.89
- Volume:
- 958110
Company Statistics
- Market Cap.:
- $43.28 billion
- Book Value:
- 9.69
- Revenue TTM:
- $5.01 billion
- Operating Margin TTM:
- 40.6%
- Gross Profit TTM:
- $3.26 billion
- Profit Margin:
- 31.1%
- Return on Assets TTM:
- 12.59%
- Return on Equity TTM:
- 47.35%
Company Profile
Paychex Inc had its IPO on 1990-03-26 under the ticker symbol PAYX.
The company operates in the Industrials sector and Staffing & Employment Services industry. Paychex Inc has a staff strength of 16,600 employees.
Stock update
Shares of Paychex Inc opened at $119.89 at the start of the last trading session i.e. 2023-09-12.
The stocks traded within a range of $119.39 - $120.12, and closed at $119.76.
This is a -0.11% slip from the previous day's closing price.
A total volume of 958,110 shares were traded at the close of the day’s session.
In the last one week, shares of Paychex Inc have slipped by -2.16%.
Paychex Inc's Key Ratios
Paychex Inc has a market cap of $43.28 billion, indicating a price to book ratio of 14.0914 and a price to sales ratio of 8.9115.
In the last 12-months Paychex Inc’s revenue was $5.01 billion with a gross profit of $3.26 billion and an EBITDA of $2.21 billion. The EBITDA ratio measures Paychex Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Paychex Inc’s operating margin was 40.6% while its return on assets stood at 12.59% with a return of equity of 47.35%.
In Q1.6666666666667, Paychex Inc’s quarterly earnings growth was a positive 18.4% while revenue growth was a positive 7.5%.
Paychex Inc’s PE and PEG Ratio
- Forward PE
- 29.7619
- Trailing PE
- 27.8814
- PEG
- 3.41
Its diluted EPS in the last 12-months stands at $4.3 per share while it has a forward price to earnings multiple of 29.7619 and a PEG multiple of 3.41. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Paychex Inc’s profitability.
Paychex Inc stock is trading at a EV to sales ratio of 9.2628 and a EV to EBITDA ratio of 20.8924. Its price to sales ratio in the trailing 12-months stood at 8.9115.
Paychex Inc stock pays annual dividends of $3.26 per share, indicating a yield of 2.79% and a payout ratio of 78.5%.
Balance sheet and cash flow metrics
- Total Assets
- $10.55 billion
- Total Liabilities
- $5.81 billion
- Operating Cash Flow
- $0
- Capital Expenditure
- $46 million
- Dividend Payout Ratio
- 78.5%
Paychex Inc ended 2024 with $10.55 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $10.55 billion while shareholder equity stood at $3.49 billion.
Paychex Inc ended 2024 with $112.10 million in deferred long-term liabilities, $5.81 billion in other current liabilities, 3600000.00 in common stock, $2.02 billion in retained earnings and $1.83 billion in goodwill. Its cash balance stood at $1.22 billion and cash and short-term investments were $1.60 billion. The company’s total short-term debt was $10,200,000 while long-term debt stood at $798.20 million.
Paychex Inc’s total current assets stands at $7.53 billion while long-term investments were $3.80 million and short-term investments were $373.40 million. Its net receivables were $1.43 billion compared to accounts payable of $84.70 million and inventory worth $4.22 billion.
In 2024, Paychex Inc's operating cash flow was $0 while its capital expenditure stood at $46 million.
Comparatively, Paychex Inc paid $0.79 in dividends in 2024.
Other key metrics
- Current Trading Price
- $119.76
- 52-Week High
- $128.7684
- 52-Week Low
- $102.6258
- Analyst Target Price
- $121.09
Paychex Inc stock is currently trading at $119.76 per share. It touched a 52-week high of $128.7684 and a 52-week low of $128.7684. Analysts tracking the stock have a 12-month average target price of $121.09.
Its 50-day moving average was $121.3 and 200-day moving average was $113.67 The short ratio stood at 5.56 indicating a short percent outstanding of 0%.
Around 1078% of the company’s stock are held by insiders while 7571.1% are held by institutions.
Frequently Asked Questions About Paychex Inc
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About
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, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company 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, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, 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, the company 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. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.