Paychex, Inc. (NASDAQ:PAYX - Free Report) - Analysts at Zacks Research upped their FY2025 earnings estimates for Paychex in a report issued on Wednesday, April 9th. Zacks Research analyst R. Department now forecasts that the business services provider will post earnings per share of $4.97 for the year, up from their prior estimate of $4.96. The consensus estimate for Paychex's current full-year earnings is $4.99 per share. Zacks Research also issued estimates for Paychex's Q4 2025 earnings at $1.18 EPS, Q2 2026 earnings at $1.21 EPS, Q3 2026 earnings at $1.57 EPS, Q4 2026 earnings at $1.26 EPS, FY2026 earnings at $5.26 EPS, Q2 2027 earnings at $1.33 EPS, Q3 2027 earnings at $1.58 EPS and FY2027 earnings at $5.60 EPS.
Paychex (NASDAQ:PAYX - Get Free Report) last posted its quarterly earnings data on Wednesday, March 26th. The business services provider reported $1.49 EPS for the quarter, beating the consensus estimate of $1.48 by $0.01. Paychex had a return on equity of 45.28% and a net margin of 32.02%. The business had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.51 billion. During the same quarter in the prior year, the business earned $1.38 earnings per share. Paychex's revenue for the quarter was up 4.8% on a year-over-year basis.
Other analysts have also recently issued reports about the stock. Citigroup upped their price target on shares of Paychex from $145.00 to $158.00 and gave the company a "neutral" rating in a research note on Thursday, March 27th. Cfra Research raised Paychex to a "hold" rating in a report on Thursday, March 27th. Stifel Nicolaus raised their price target on shares of Paychex from $141.00 to $156.00 and gave the company a "hold" rating in a report on Thursday, March 27th. UBS Group upped their price objective on shares of Paychex from $152.00 to $155.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 4th. Finally, Barclays raised their price target on Paychex from $140.00 to $155.00 and gave the company an "equal weight" rating in a research report on Monday, March 31st. Two research analysts have rated the stock with a sell rating and ten have given a hold rating to the company's stock. According to data from MarketBeat.com, Paychex has a consensus rating of "Hold" and an average price target of $141.00.
Check Out Our Latest Stock Analysis on PAYX
Paychex Stock Performance
PAYX traded down $1.20 during trading hours on Thursday, hitting $147.87. The stock had a trading volume of 391,304 shares, compared to its average volume of 1,914,644. The stock has a market cap of $53.26 billion, a PE ratio of 31.13, a price-to-earnings-growth ratio of 4.10 and a beta of 0.88. Paychex has a 1 year low of $115.40 and a 1 year high of $158.37. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 0.20. The company's fifty day simple moving average is $148.08 and its 200 day simple moving average is $144.49.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Continuum Advisory LLC purchased a new stake in Paychex in the 3rd quarter worth $89,000. Barclays PLC lifted its position in shares of Paychex by 46.2% during the third quarter. Barclays PLC now owns 1,748,485 shares of the business services provider's stock worth $234,627,000 after purchasing an additional 552,540 shares during the last quarter. Executive Wealth Management LLC purchased a new stake in Paychex in the 3rd quarter valued at about $260,000. Brophy Wealth Management LLC purchased a new stake in shares of Paychex in the third quarter valued at approximately $232,000. Finally, Geode Capital Management LLC grew its position in shares of Paychex by 2.1% during the 3rd quarter. Geode Capital Management LLC now owns 9,414,072 shares of the business services provider's stock worth $1,262,700,000 after buying an additional 190,937 shares in the last quarter. Institutional investors own 83.47% of the company's stock.
Paychex Company Profile
(
Get Free Report)
Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), 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.
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