stock.name

Paychex Inc.

PAYX

Market Cap$44.16B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Paychex Inc.Paychex Inc.26.62.92%44%90.2

Earnings Call Q2 2024

December 21, 2023 - AI Summary

Paychex reported solid results for the second quarter and first half of fiscal year 2024, with strong performance in PEO, mid-market HCM, and retirement.
Revenue for the first half increased by 6% year-over-year, while adjusted diluted earnings per share grew by 10%.
The demand for HR technology and advisory solutions remains strong as small and mid-sized businesses face challenges in the labor market and rising healthcare costs.

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$123.00

Target Price by Analysts

2% downsidePaychex Target Price DetailsTarget Price
$110.53

Current Fair Value

11.9% downside

Overvalued by 11.9% based on the discounted cash flow analysis.

Share Statistics

Market cap$44.16 Billion
Enterprise Value$43.24 Billion
Dividend Yield$3.581 (2.92%)
Earnings per Share$4.59
Beta0.0
Outstanding Shares359,963,341
Avg 30 Day Volume1,823,821

Return

Return on Equity-
Return on Assets-
Return on Invested Capital-

Valuation & Multiples

P/E Ratio26.59
PEG398.28
Price to Sales8.96
Price to Book Ratio12.55
Enterprise Value to Revenue8.3
Enterprise Value to EBIT20.15
Enterprise Value to Net Income26
Total Debt to Enterprise0.02
Debt to Equity0.22

Revenue Sources

No data

Insider Trades

ESG Score

No data

About Paychex Inc.

14,300 employees
CEO: Martin Mucci

Paychex, Inc. is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with ...