Paychex, Inc. (NASDAQ:PAYX) went down by -3.19% from its latest closing price when compared to the 1-year high value of $88.43 and move down -9.09%, while PAYX stocks collected -1.45% of loss with the last five trading sessions.
Paychex, Inc. (NASDAQ:PAYX) Worth an Investment?
Paychex, Inc. (NASDAQ: PAYX) scored price to earnings ratio above its average ratio, recording 28.30 times of increase in earnings at the present.
PAYX Market Performance
PAYX stocks went down by -1.45% for the week, with the monthly drop of -5.37% and a quarterly performance of -4.69%, while its annual performance rate touched 13.91%. The simple moving average for the period of the last 20 days is -3.74% for PAYX stocks with the simple moving average of 5.00% for the last 200 days.
Analysts’ Opinion on Paychex, Inc. (NASDAQ:PAYX)
Many brokerage firms have already submitted their reports for PAYX stocks, with BofA/Merrill repeating the rating for PAYX shares by setting it to “Underperform”. The predicted price for PAYX socks in the upcoming period according to BofA/Merrill is $35 based on the research report published on June 26, 2019.
Bernstein, on the other hand, stated in their research note that they expect to see PAYX stock at the price of $35. The rating they have provided for PAYX stocks is “Underperform” according to the report published on April 30, 2019.
BofA/Merrill gave “ Neutral” rating to PAYX stocks, setting the target price at $35 in the report published on January 8, 2019.
PAYX Stocks -4.70% Far from 50 Day Moving Average
After a stumble in the market that brought PAYX to its low price for the period of the last 52 weeks, Paychex, Inc. was unable to take a rebound, for now settling with -8.33% of loss for the given period.
The stock volatility was left at 1.95%, however, within the period of a single month, the volatility rate increased by 2.27%, while the shares sank at the distance of -4.89% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -5.04% lower at the present time.
In the course of the last 5 trading sessions, PAYX went down by -1.45%, which changed the moving average for the period of 200 days to the total of +24.86% of gains for the stock in comparison to the 20-day moving average settled at $84.00. In addition, Paychex, Inc. saw 24.42% in overturn over the period of a single year with a tendency to cut further gains.
PAYX Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Paychex, Inc. (PAYX), starting from Schrader Robert L., who sold 142 shares at the price of $83.93 back on Aug 03. After this action, Rushing now owns 9,024 shares of Paychex, Inc., valued at $11,918 with the latest closing price.
Schrader Robert L., the VP/Controller of Paychex, Inc., sold 609 shares at the value of $83.88 during a trade that took place back on Aug 01, which means that Schrader Robert L. is holding 9,166 shares at the value of $51,083 based on the most recent closing price.
PAYX Stock Fundamentals
The current profitability levels are settled at +36.49 for the present operating margin and +68.78 for gross margin. The net margin for Paychex, Inc. stands at +27.42. Total capital return value is set at 50.61, while invested capital returns managed to touch 38.03. Equity return holds the value 41.30%, with 12.50% for asset returns.
Based on Paychex, Inc. (PAYX), the company’s capital structure generated 30.40 points for debt to equity in total, while total debt to capital is set at the value of 23.31. Total debt to assets is settled at the value of 9.10 with long-term debt to equity ratio rests at 30.40 and long-term debt to capital is 23.31.
EBITDA value lies at +371.80 M with total debt to EBITDA carrying the value of 0.51. The value for Enterprise to Sales is 7.97 with debt to enterprise value settled at 0.03. The receivables turnover for Paychex, Inc. is 5.32 with the total asset turnover at the value of 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.