Paychex Inc.

Paychex is a provider of integrated human capital management (HCM) solutions for payroll, benefits, human resource (HR), and insurance services for small- to medium-sized businesses. The company's portfolio of HCM and employee benefit-related services include: payroll processing services; payroll tax administration services; employee payment services; regulatory compliance services (new-hire reporting and garnishment processing); HR Solutions Administrative Services Organization; retirement services administration; HR administration services, including time and attendance; other HR services and products; business services; Professional Employer Organization services; and insurance services.
  • TickerPAYX
  • ISINUS7043261079
  • ExchangeNASDAQ Stock Market
  • SectorSupport Services
  • CountryUnited States
Moshe Katri ...
  • Ryan Campbell

Q4/FY20 "Beat" Already-Reduced Expectations; SMBs Outperforming

Moshe Katri ...
  • Ryan Campbell

Advisor Call Points To An Early, Robust and Inflecting Monetization Effort

Valens Research

PAYX - Embedded Expectations Analysis - 2020 06 15

Paychex, Inc. (PAYX:USA) currently trades above recent averages relative to UAFRS-based (Uniform) earnings, with a 26.4x Uniform P/E. At these levels, the market has bullish expectations for the firm, and management is confident about their industry-leading margins, coronavirus headwind resiliency, and their sales team Specifically, management is confident that they are leading the industry in margins, that they have the highest cash generation among peers, and that other parts of their business have picked up as front-end leads declined. In addition, they are confident they can weather coron...

Wedbush Research

Wedbush Morning Call - Jun 01 2020 7:04AM

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Market rangebound; Upgrading Services In last week's Compass we made several observations which led us to be cautious. All of the concerning observations have since reversed as the market found support: the U.S. dollar weakened, defensive areas underperformed, cyclical areas held at logical support, high yield spreads narrowed, and the 10-year Treasury yield found support. These positive developments are encouraging, however we believe the market remains rangebound. • S&P 500 levels. We believe the market remains in purgatory as technical indicators remain mixed. We see the S&P 500 remaining...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

Market activity, both bonds and stocks, has been all about realigning expectations. Wednesday's Fed announcement was more dovish than expected, and the market is now pricing in roughly 25bps of cuts by the end of 2019. Stocks reacted positively on Thursday, but then reversed (and then some) on Friday as global growth concerns became a little more serious. We continue to maintain our positive outlook and highlight below several observations which lead us to this conclusion. • Broadening yield curve inversion. A more pronounced yield curve inversion (3M/10Y and 1Y/10Y) is certainly unsettling a...

Valérie GASTALDY

Analyse court terme - PAYCHEX INC : Le mouvement se poursuit.

La tendance est baissière. Le mouvement se poursuit. Le prochain objectif est à 63,61 $, puis 58,49 $. Le franchissement de 69,90 $ remettrait en cause la suite de la baisse.

Valérie GASTALDY

Short term view - PAYCHEX INC : The movement goes on.

The trend is bearish. The movement goes on. The next target is at $63.61, then $58.49. Passing $69.90 would question the continuation of the fall.

Valérie GASTALDY

Medium term view - PAYCHEX INC : The recent fall is getting more vigorous.

The trend is bullish. The recent fall is getting more vigorous. The next support is at $58.35. A break below $52.48 would challenge the trend.

Moshe Katri ...
  • Ryan Campbell

Q4/FY20 "Beat" Already-Reduced Expectations; SMBs Outperforming

Moshe Katri ...
  • Ryan Campbell

Advisor Call Points To An Early, Robust and Inflecting Monetization Effort

Valens Research

PAYX - Embedded Expectations Analysis - 2020 06 15

Paychex, Inc. (PAYX:USA) currently trades above recent averages relative to UAFRS-based (Uniform) earnings, with a 26.4x Uniform P/E. At these levels, the market has bullish expectations for the firm, and management is confident about their industry-leading margins, coronavirus headwind resiliency, and their sales team Specifically, management is confident that they are leading the industry in margins, that they have the highest cash generation among peers, and that other parts of their business have picked up as front-end leads declined. In addition, they are confident they can weather coron...

Wedbush Research

Wedbush Morning Call - Jun 01 2020 7:04AM

An unfavourable environment weighs on PAYCHEX INCO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of PAYCHEX INCO. (US), active in the Computer Services industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date April 10, 2020, the closing price was USD 66.54 and its target price was estimated at USD 58.06.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch