Paychex: Trading At A High Valuation (NASDAQ:PAYX) 2022/12/29 16:24:12 Seeking Alpha
Paychex posted decent quarterly results but might find it difficult to maintain the revenue growth rate. Find out why I assign a hold rating on PAYX.
CSCO, UAL and PAYX are among after hour mover 2022/12/23 22:58:31 Seeking Alpha
Gainers: Paychex (PAYX) +9%. Omeros Corporation (OMER) +7%
Paychex Faces Price Target Cuts By Analysts Following Q2 Results 2022/12/23 15:51:23 Benzinga
Paychex Inc (NASDAQ: PAYX ) reported better-than-expected earnings results for its second quarter on Thursday. Paychex reported second-quarter FY23 revenue growth of 7% year-on-year to $1.19 billion, in line with the consensus. Adjusted EPS of $0.99 beat the consensus of $0.95. Paychex sees FY23 revenue of $4.981 billion (versus the prior $4.935 billion - $4.981 billion), above the consensus of $4.97 billion. The company sees adjusted … Full story available on Benzinga.com
Paychex''s Return On Capital Employed Insights 2022/12/23 14:49:46 Benzinga
Pulled from Benzinga Pro data, Paychex (NASDAQ: PAYX ) posted Q2 earnings of $360.30 million, an increase from Q1 of 4.98%. Sales dropped to $1.19 billion, a 1.34% decrease between quarters. In Q1, Paychex earned $379.20 million, and total sales reached $1.21 billion. Why Is ROCE Significant? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth … Full story available on Benzinga.com
Tesla To $175? Here Are 10 Other Price Target Changes For Friday 2022/12/23 14:21:55 Benzinga
Oppenheimer cut CarMax, Inc. (NYSE: KMX ) price target from $100 to $75. . Oppenheimer analyst Brian Nagel maintained an Outperform rating on the stock. CarMax shares fell 1.3% to $56.47 in pre-market trading. JP Morgan cut Paychex, Inc. (NASDAQ: PAYX ) price target from $121 to $119. JP Morgan analyst Tien-Tsin Huang maintained an Underweight rating on the stock. Paychex rose 2.1% to $114.48 in pre-market trading. Stephens & Co. slashed the price target on Mission Produce, Inc. (NASDAQ: AVO ) from $20 to $15. Stephens & Co. analyst Ben Bienvenu maintained an Overweight rating on the stock. Mission Produce shares fell 14.1% to $12.55 in pre-market trading. B. Riley Securities raised Cleveland-Cliffs Inc. (NYSE: CLF ) price target from $26 to $27. … Full story available on Benzinga.com
7 Stocks to Buy for a Summer Rally 2022/07/04 15:15:23 InvestorPlace
Wall Street has had a rough year so far while the benchmark S&P 500 index has been trading in and out of bear market territory in June. The index is down 19% year-to-date. But perhaps we can turn things around by finding good stocks to buy for July. Analysts highlight the importance of long-term investing for retail investors. Research from Edward Jones points out : “While valuations have already corrected, the likely necessary process of revising earnings expectations could weigh on sentiment in the months ahead … the pullback is creating compelling opportunities for those with a broader time horizon.” JPMorgan Chase also says , “While bear marks are certainly painful, enduring them is critical for long-term returns.” However, portfolio positioning that considers risk/return profiles is important for retail investors. High-Quality Stocks to Buy That Are Trading Below Fair Value With that said, here are seven great stocks to buy in anticipation for the start of an up move in share value in the coming weeks.
Paychex Reported Strong Q4 Results; Website Visits Hinted at it 2022/07/01 15:07:45 TipRanks
Paychex, Inc. (NASDAQ: PAYX) offers integrated human capital management (HCM) solutions to organizations of any size, from startup to enterprise. The company reported impressive results for the fourth quarter of Fiscal 2022. Revenues of $1.14 billion climbed 11% year-over-year, while earnings increased 13% from the year-ago quarter to $0.81 per share. However, the company provided weak projections for Fiscal 2023. Remarkably, the new TipRanks’ monthly website visitor tool already reflected strong results for the fourth quarter. The wide acceptance of the company’s innovative technology solutions and the rising client base were the primary drivers. Website Traffic Indicated an Uptrend The earnings results were evident on TipRanks’ new tool that measures visits to the Paychex website.
Friday’s Top Upgrades and Downgrades: AppLovin, Coty, Etsy, FedEx, Hewlett Packard Enterprise, Huntington Bancshares, Nutanix, Paychex, Shopify, Simon Property, Tesla, Ventas, Warner Bros. Discovery 2022/07/01 12:46:50 24/7 Wall street
Friday''s top analyst upgrades and downgrades included AppLovin, Coty, Etsy, FedEx, Hewlett Packard Enterprise, Huntington Bancshares, Nutanix, Paychex, Shopify, Simon Property, Tesla, Ventas and Warner Bros. Discovery.
Paychex Continues To Provide Steady And Predictable Results 2022/06/30 20:46:07 ValueWalk
Paychex (NASDAQ:PAYX) is an American provider of human resources, payroll, and outsourcing services for small and medium-sized businesses. The company is based out of Rochester, New York, and has payroll clients across North America and Europe. Highlights: Services revenue increased by 11% for the year to $1129 billion. Net income grew by 11% to $394 […]
Credit Suisse Reasons Why It Remains Bullish On Paychex Despite Selloff Post Q4 Beat 2022/06/30 17:52:52 Benzinga
Credit Suisse analyst Kevin Mcveigh maintained Paychex, Inc (NASDAQ: PAYX ) with an Outperform and cut the price target from $165 to $140. While his view remains overly bullish, he recognizes that the -4% selloff in the PAYX stock was likely due to macroeconomic uncertainty impacting the relative market amid decelerating growth, mainly due to tougher comparisons. The selloff occurred despite the F4Q beat and FY23E above expectations amid … Full story available on Benzinga.com
Paychex raises dividend by 20% to $0.79 2022/04/29 12:45:10 Seeking Alpha
Paychex (PAYX) declares $0.79/share quarterly dividend, 19.7% increase from prior dividend of $0.66.Forward yield 2.39%Payable May 26; for shareholders of record May 12; ex-div May 11.See…
Paychex Honored for Excellence in Employee Health and Well-being 2022/04/19 16:46:00 PR Newswire
Business Group on Health recognizes Paychex for offering one of the nation''s top health and well-being programs ROCHESTER, N.Y., April 19, 2022 /PRNewswire/ -- For the ninth time, Paychex, Inc., a leading provider of integrated human capital management software solutions for human…
New Paychex Research Reveals the Impacts of Unpredictable Work Schedules, Especially Among Part-Time Workers, Younger Generations, and Hybrid Workers 2022/04/18 15:25:00 PR Newswire
ROCHESTER, N.Y., April 18, 2022 /PRNewswire/ -- New research from Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, reveals the adverse impacts of unpredictable work schedules on…