Paychex Inc (NASDAQ:PAYX) has a beta value of 0.90 and has seen 3.49 million shares traded in the recent trading session. The company, currently valued at $50.57B, closed the recent trade at $140.39 per share which meant it lost -$11.86 on the day or -7.79% during that session. The PAYX stock price is -14.85% off its 52-week high price of $161.24 and 17.8% above the 52-week low of $115.40. If we look at the company’s 10-day average daily trading volume, we find that it stood at 2.34 million shares traded. The 3-month trading volume is 2.08 million shares.
The consensus among analysts is that Paychex Inc (PAYX) is Hold stock at the moment, with a recommendation rating of 3.21. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 8 out of 10 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 1.19.
Paychex Inc (NASDAQ:PAYX) trade information
Sporting -7.79% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the PAYX stock price touched $140.39 or saw a rise of 8.15%. Year-to-date, Paychex Inc shares have moved 11.46%, while the 5-day performance has seen it change -7.95%. Over the past 30 days, the shares of Paychex Inc (NASDAQ:PAYX) have changed -10.06%. Short interest in the company has seen 12.41 million shares shorted with days to cover at 7.99.
Wall Street analysts have a consensus price target for the stock at $157, which means that the shares’ value could jump 10.58% from the levels at last check today.. The projected low price target is $155.0 while the price target rests at a high of $165.0. In that case, then, we find that the latest price level in today’s session is -17.53% off the targeted high while a plunge would see the stock gain -10.41% from the levels at last check today..
Paychex Inc (PAYX) estimates and forecasts
The company’s shares have gained 1.87% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 5.31%.
11 analysts offering their estimates for the company have set an average revenue estimate of 1.43B for the current quarter. 5 have an estimated revenue figure of 1.57B for the next ending quarter. Year-ago sales stood 1.3B and 1.32B respectively for this quarter and the next, and analysts expect sales will grow by 10.10% for the current quarter and 5.31% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 10.30% over the past 5 years.
PAYX Dividends
Paychex Inc is expected to release its next earnings report on 2025-Mar-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 4.02 at a share yield of 2.86%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.65%.
Paychex Inc (NASDAQ:PAYX)’s Major holders
Insiders own 10.63% of the company shares, while shares held by institutions stand at 81.63% with a share float percentage of 91.34%. Investors are also buoyed by the number of investors in a company, with Paychex Inc having a total of 2186.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 31.05 million shares worth more than $3.68 billion. As of 2024-06-30, VANGUARD GROUP INC held 8.6184% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 27.98 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.32 billion and represent 7.7649% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . As of Mar 31, 2025 , the former fund manager holds about 2.84% shares in the company for having 10.25 shares of worth $1.43 billion while later fund manager owns 8.9 shares of worth $1.24 billion as of Mar 31, 2025 , which makes it owner of about 2.47% of company’s outstanding stock.
