Latest news with #Paychex
Yahoo
4 days ago
- Business
- Yahoo
Insights Into Paychex (PAYX) Q4: Wall Street Projections for Key Metrics
The upcoming report from Paychex (PAYX) is expected to reveal quarterly earnings of $1.19 per share, indicating an increase of 6.3% compared to the year-ago period. Analysts forecast revenues of $1.39 billion, representing an increase of 7.3% year over year. The consensus EPS estimate for the quarter has undergone a downward revision of 1.8% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe. Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock. While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights. Bearing this in mind, let's now explore the average estimates of specific Paychex metrics that are commonly monitored and projected by Wall Street analysts. The average prediction of analysts places 'Revenue- Management Solutions' at $1.01 billion. The estimate indicates a change of +9% from the prior-year quarter. Analysts predict that the 'Revenue- Interest on funds held for clients' will reach $40.14 million. The estimate indicates a change of +5.1% from the prior-year quarter. Based on the collective assessment of analysts, 'Revenue- Total service revenue' should arrive at $1.36 billion. The estimate indicates a change of +7.9% from the prior-year quarter. The consensus among analysts is that 'Revenue- PEO and Insurance Services' will reach $341.79 million. The estimate suggests a change of +4.7% year over year. It is projected by analysts that the 'Average investment Balance - Funds held for clients' will reach $4.43 billion. Compared to the current estimate, the company reported $4.68 billion in the same quarter of the previous year. According to the collective judgment of analysts, 'Average interest rates earned (exclusive of net realized gains) - Funds held for clients' should come in at 3.4%. Compared to the present estimate, the company reported 3.5% in the same quarter last year. Analysts expect 'Average investment Balance - Corporate cash equivalents and investments' to come in at $1.63 billion. The estimate compares to the year-ago value of $1.65 billion. Analysts' assessment points toward 'Average interest rates earned (exclusive of net realized gains) - Corporate cash equivalents and investments' reaching 4.3%. The estimate is in contrast to the year-ago figure of 5.3%.View all Key Company Metrics for Paychex here>>>Over the past month, Paychex shares have recorded returns of -3.8% versus the Zacks S&P 500 composite's +0.6% change. Based on its Zacks Rank #3 (Hold), PAYX will likely exhibit a performance that aligns with the overall market in the upcoming period. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Paychex, Inc. (PAYX) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
6 days ago
- Business
- Yahoo
Paychex price target raised to $153 from $150 at TD Cowen
TD Cowen raised the firm's price target on Paychex (PAYX) to $153 from $150 and keeps a Buy rating on the shares. The firm previewed its upcoming results where they anticipate 4Q results slightly above Street based on a stable demand/employment backdrop and expect initial FY26 guides to be fairly in-line with investor views, though consensus is largely stale lacking the Paycor HCM (PYCR) (PCOR) contribution. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on PAYX: Disclaimer & DisclosureReport an Issue Paychex price target raised to $150 from $142 at Morgan Stanley Paychex price target raised to $165 from $148 at RBC Capital Paychex price target raised to $250 from $215 at Jefferies Paychex Founder B. Thomas Golisano to Step Down Unusually active option classes on open May 6th Sign in to access your portfolio
Yahoo
16-06-2025
- Business
- Yahoo
Morgan Stanley Affirms ‘Equal Weight' on Paychex on PayCor Integration
Paychex, Inc. (NASDAQ:PAYX) is . On June 10, Morgan Stanley reiterated an 'Equal Weight' on the stock and maintained a $150 price target. The firm's stance is in response to the acquisition of PayCor for $4.1 billion as it seeks to enhance its AI-enabled technology and service capabilities. According to Morgan Stanley, the acquisition will likely trigger a 5% and 3% decrease in forecasted diluted earnings per share for fiscal 2026 and 2027. Despite the downward adjustment, the firm has reiterated a $150 price target, attributing it to higher earnings multiple of 27 times up from 25 times. Morgan Stanley is confident of the sustained strength of the demand and employment landscape as the PayCor acquisition is poised to increase Paychex's total addressable market. The analysts expect the integration to contribute positively to the company's business by broadening service offerings and reaching new customer segments. The strategic acquisition is also expected to bolster Paychex's position in the market by tapping PayCor's existing customer base and technology solutions. The acquisition is also part of a broader strategy that seeks to capture more market share and drive growth. Paychex, Inc. (NASDAQ:PAYX) provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses. It offers payroll processing, tax administration, employee payment, and regulatory compliance services. While we acknowledge the potential of PAYX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-06-2025
- Business
- Yahoo
2 Cash-Heavy Stocks with Promising Prospects and 1 to Approach with Caution
A cash-heavy balance sheet is often a sign of strength, but not always. Some companies avoid debt because they have weak business models, limited expansion opportunities, or inconsistent cash flow. Not all businesses with cash are winners, and that's why we built StockStory - to help you separate the good from the bad. Keeping that in mind, here are two companies with net cash positions that can leverage their balance sheets to grow and one that may struggle. Net Cash Position: $203.7 million (13.7% of Market Cap) Born out of a failed voice recognition startup by founder Spenser Skates, Amplitude (NASDAQ:AMPL) is data analytics software helping companies improve and optimize their digital products. Why Does AMPL Fall Short? Offerings struggled to generate meaningful interest as its average billings growth of 8.7% over the last year did not impress Suboptimal cost structure is highlighted by its history of operating margin losses Lacking free cash flow generation means it has few chances to reinvest for growth, repurchase shares, or distribute capital Amplitude is trading at $11.36 per share, or 4.3x forward price-to-sales. If you're considering AMPL for your portfolio, see our FREE research report to learn more. Net Cash Position: $737.3 million (1.3% of Market Cap) One of the oldest service providers in the industry, Paychex (NASDAQ:PAYX) offers its customers payroll and HR software solutions. Why Do We Like PAYX? Estimated revenue growth of 15.5% for the next 12 months implies demand will accelerate from its three-year trend Highly efficient business model is illustrated by its impressive 41.5% operating margin Robust free cash flow margin of 29.5% gives it many options for capital deployment At $153 per share, Paychex trades at 8.8x forward price-to-sales. Is now the time to initiate a position? Find out in our full research report, it's free. Net Cash Position: $37 million (0% of Market Cap) With roots dating back to 1833, making it one of America's oldest continuously operating businesses, McKesson (NYSE:MCK) is a healthcare services company that distributes pharmaceuticals, medical supplies, and provides technology solutions to pharmacies, hospitals, and healthcare providers. Why Will MCK Outperform? 13.9% annual revenue growth over the last two years surpassed the sector average as its offerings resonated with customers Unparalleled scale of $359.1 billion in revenue gives it negotiating leverage and staying power in an industry with high barriers to entry Share repurchases over the last five years enabled its annual earnings per share growth of 17.2% to outpace its revenue gains McKesson's stock price of $728.06 implies a valuation ratio of 19.8x forward P/E. Is now the right time to buy? See for yourself in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio
Business Insider
16-06-2025
- Business
- Business Insider
TD Cowen Remains a Hold on Paychex (PAYX)
In a report released today, Bryan Bergin from TD Cowen maintained a Hold rating on Paychex (PAYX – Research Report), with a price target of $153.00. The company's shares closed last Friday at $153.22. Confident Investing Starts Here: Bergin covers the Technology sector, focusing on stocks such as Accenture, Cognizant, and Exlservice Holdings. According to TipRanks, Bergin has an average return of 2.5% and a 49.28% success rate on recommended stocks. Currently, the analyst consensus on Paychex is a Hold with an average price target of $169.14, which is a 10.39% upside from current levels. In a report released on June 10, Morgan Stanley also maintained a Hold rating on the stock with a $150.00 price target. PAYX market cap is currently $55.19B and has a P/E ratio of 31.86. Based on the recent corporate insider activity of 76 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAYX in relation to earlier this year. Most recently, in April 2025, Michael Gioja, the SVP of PAYX sold 31,653.00 shares for a total of $4,893,136.23.
