NasdaqGS - Delayed Quote • USD
Paychex, Inc. (PAYX)
At close: 4:00 PM EDT
After hours: 6:01 PM EDT
Earnings Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 17 | 14 | 19 | 19 |
| Avg. Estimate | 1.1 | 1.21 | 4.7 | 4.98 |
| Low Estimate | 1.05 | 1.19 | 4.65 | 4.85 |
| High Estimate | 1.12 | 1.22 | 4.73 | 5.05 |
| Year Ago EPS | 0.97 | 1.14 | 4.27 | 4.7 |
Revenue Estimate
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| No. of Analysts | 14 | 11 | 18 | 18 |
| Avg. Estimate | 1.3B | 1.35B | 5.28B | 5.55B |
| Low Estimate | 1.29B | 1.34B | 5.24B | 5.52B |
| High Estimate | 1.34B | 1.35B | 5.32B | 5.63B |
| Year Ago Sales | 1.23B | 1.29B | 5.01B | 5.28B |
| Sales Growth (year/est) | 5.40% | 4.30% | 5.40% | 5.20% |
Earnings History
| CURRENCY IN USD | 5/31/2023 | 8/31/2023 | 11/30/2023 | 2/29/2024 |
|---|---|---|---|---|
| EPS Est. | 0.97 | 1.12 | 1.07 | 1.37 |
| EPS Actual | 0.97 | 1.14 | 1.08 | 1.38 |
| Difference | 0 | 0.02 | 0.01 | 0.01 |
| Surprise % | 0.00% | 1.80% | 0.90% | 0.70% |
EPS Trend
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Current Estimate | 1.1 | 1.21 | 4.7 | 4.98 |
| 7 Days Ago | 1.1 | 1.21 | 4.7 | 4.98 |
| 30 Days Ago | 1.11 | 1.21 | 4.71 | 5.02 |
| 60 Days Ago | 1.11 | 1.21 | 4.71 | 5.03 |
| 90 Days Ago | 1.11 | 1.22 | 4.71 | 5.03 |
EPS Revisions
| CURRENCY IN USD | Current Qtr. (May 2024) | Next Qtr. (Aug 2024) | Current Year (2024) | Next Year (2025) |
|---|---|---|---|---|
| Up Last 7 Days | -- | -- | -- | -- |
| Up Last 30 Days | 3 | 2 | 4 | 1 |
| Down Last 7 Days | -- | -- | -- | -- |
| Down Last 30 Days | -- | -- | -- | -- |
Growth Estimates
| CURRENCY IN USD | PAYX | Industry | Sector | S&P 500 |
|---|---|---|---|---|
| Current Qtr. | 13.40% | -- | -- | 1.60% |
| Next Qtr. | 6.10% | -- | -- | 10.50% |
| Current Year | 10.10% | -- | -- | 5.20% |
| Next Year | 6.00% | -- | -- | 13.30% |
| Next 5 Years (per annum) | 7.62% | -- | -- | 11.22% |
| Past 5 Years (per annum) | 12.26% | -- | -- | -- |
Research Analysis
Analyst Price Targets
Fair Value
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
Analyst Recommendations
- Strong Buy
- Buy
- Hold
- Underperform
- Sell
Earnings
Upgrades & Downgrades
| Maintains | B of A Securities: Underperform to Underperform | 4/3/2024 |
| Maintains | TD Cowen: Hold to Hold | 4/3/2024 |
| Reiterates | Wedbush: Neutral to Neutral | 4/3/2024 |
| Reiterates | RBC Capital: Sector Perform to Sector Perform | 4/3/2024 |
| Maintains | Evercore ISI Group: In-Line to In-Line | 3/26/2024 |
| Maintains | Citigroup: Neutral to Neutral | 12/26/2023 |
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