PAYX:NSD-Paychex Inc (USD)

COMMON STOCK | Software - Application |

Last Closing

USD 141.87

Change

+1.60 (+1.14)%

Market Cap

USD 50.87B

Volume

2.04M

Analyst Target

USD 74.18
Analyst Rating

Verdict

ducovest Verdict

Verdict

About

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including integrated HCM technology solutions and HR advisory services through both virtual and on-site availability of a professionally trained HR representative, as well as HR support to non-payroll clients through its HR Partner Plus solution; and retirement services administration, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-10-29 )

Largest Industry Peers for Software - Application

Symbol Name Price(Change) Market Cap
INTU Intuit Inc

+11.61 (+1.90%)

USD 168.74B
ADP Automatic Data Processing Inc

+1.51 (+0.53%)

USD 117.43B
CDNS Cadence Design Systems Inc

+31.68 (+12.53%)

USD 68.21B
WDAY Workday Inc

+3.68 (+1.57%)

USD 64.14B
ADSK Autodesk Inc

+3.14 (+1.10%)

USD 62.42B
TTD Trade Desk Inc

+2.64 (+2.22%)

USD 58.67B
APP Applovin Corp

+6.06 (+3.64%)

USD 55.55B
TEAM Atlassian Corp Plc

+3.08 (+1.63%)

USD 50.41B
MSTR MicroStrategy Incorporated

+2.90 (+1.14%)

USD 43.35B
ANSS ANSYS Inc

+7.24 (+2.25%)

USD 28.70B

ETFs Containing PAYX

UDI USCF ETF Trust 4.02 % 0.00 %

-0.25 (0%)

N/A
MFUT 3.16 % 0.00 %

N/A

N/A
DIVS SmartETFs Dividend Builde.. 2.87 % 0.00 %

-0.11 (0%)

USD 0.03B
FTCS:LSE First Trust Capital Stren.. 2.03 % 0.00 %

-0.01 (0%)

USD 9.30M
FTCS First Trust Capital Stren.. 0.00 % 0.60 %

-0.45 (0%)

USD 9.16B
LVL 0.00 % 0.64 %

N/A

N/A
FLGD:CA Franklin Global Dividend .. 0.00 % 0.49 %

-0.05 (0%)

CAD 0.01B
FLXX:F Franklin LibertyShares IC.. 0.00 % 0.00 %

+0.03 (+0%)

N/A
FLXX:XETRA Franklin LibertyShares IC.. 0.00 % 0.00 %

-0.06 (0%)

USD 0.04B
FRGD:LSE Franklin LibertyQ Global .. 0.00 % 0.00 %

-0.18 (0%)

USD 0.09B
FLXX:SW Franklin Global Dividend .. 0.00 % 0.00 %

+0.32 (+0%)

N/A

Market Performance

  Market Performance vs. Industry/Classification (Software - Application) Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -20.59% 32% F 29% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -20.59% 32% F 30% F
Trailing 12 Months  
Capital Gain -14.83% 30% F 27% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -14.83% 30% F 28% F
Trailing 5 Years  
Capital Gain 13.09% 49% F 56% F
Dividend Return N/A N/A N/A N/A N/A
Total Return 13.09% 49% F 57% F
Average Annual (5 Year Horizon)  
Capital Gain 13.49% 64% D 68% D+
Dividend Return 16.31% 67% D+ 70% C-
Total Return 2.82% 95% A 63% D
Risk Return Profile  
Volatility (Standard Deviation) 21.67% 93% A 74% C
Risk Adjusted Return 75.26% 95% A 90% A-
Market Capitalization 50.87B 96% N/A 98% N/A

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Superior risk adjusted returns

This stock has performed well, on a risk adjusted basis, compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile.

Superior return on assets

The company management has delivered better return on assets in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior capital utilization

The company management has delivered better return on invested capital in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior return on equity

The company management has delivered better return on equity in the most recent 4 quarters than its peers, placing it in the top quartile.

Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

High market capitalization

This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced compared to book value

The stock is trading high compared to its peers median on a price to book value basis.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector

Low Dividend Growth

This stock has shown below median dividend growth in the previous 5 years compared to its sector.