Paychex Stock Buy Hold or Sell Recommendation
| PAYX Stock | USD 146.27 0.56 0.38% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Paychex is 'Strong Buy'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Paychex given historical horizon and risk tolerance towards Paychex. When Macroaxis issues a 'buy' or 'sell' recommendation for Paychex, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Paychex Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide. In addition, we conduct extensive research on individual companies such as Paychex and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Paychex. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in manufacturing.
Paychex |
Execute Paychex Buy or Sell Advice
The Paychex recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Paychex. Macroaxis does not own or have any residual interests in Paychex or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Paychex's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Buy
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Almost mirrors the market | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Paychex Trading Alerts and Improvement Suggestions
| Over 80.0% of the company shares are owned by institutional investors | |
| On 27th of November 2024 Paychex paid $ 0.98 per share dividend to its current shareholders | |
| Latest headline from thelincolnianonline.com: BNP Paribas Financial Markets Sells 496,814 Shares of Paychex, Inc. |
Paychex Returns Distribution Density
The distribution of Paychex's historical returns is an attempt to chart the uncertainty of Paychex's future price movements. The chart of the probability distribution of Paychex daily returns describes the distribution of returns around its average expected value. We use Paychex price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Paychex returns is essential to provide solid investment advice for Paychex.
| Mean Return | 0.20 | Value At Risk | -1.46 | Potential Upside | 2.19 | Standard Deviation | 1.30 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Paychex historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Paychex Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument, such as Paychex, soars without any apparent reason? This usually happens because many institutional investors are aggressively trading Paychex back and forth among themselves.
| Shares | Amvescap Plc. | 2024-06-30 | 3.6 M | Legal & General Group Plc | 2024-06-30 | 3.1 M | Goldman Sachs Group Inc | 2024-06-30 | 3 M | Fidelity International Ltd | 2024-06-30 | 2.8 M | Capital World Investors | 2024-09-30 | 2.8 M | Ubs Asset Mgmt Americas Inc | 2024-09-30 | 2.7 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.6 M | Jpmorgan Chase & Co | 2024-06-30 | 2.3 M | Envestnet Asset Management Inc | 2024-09-30 | 2.2 M | Vanguard Group Inc | 2024-09-30 | 31.3 M | Blackrock Inc | 2024-06-30 | 28 M |
Paychex Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 724.6M | 163.3M | (894.7M) | 1.2B | (237.9M) | (226.0M) | |
| Free Cash Flow | 1.3B | 1.1B | 1.4B | 1.6B | 1.7B | 1.8B | |
| Depreciation | 209.7M | 192M | 191.8M | 176.6M | 176.5M | 94.5M | |
| Other Non Cash Items | 223.4M | 234M | 234.2M | 264.8M | 279.9M | 293.9M | |
| Dividends Paid | 889.4M | 908.7M | 999.6M | 1.2B | (1.3B) | (1.2B) | |
| Capital Expenditures | 127M | 114.6M | 132.6M | 143M | 161.4M | 169.5M | |
| Net Income | 1.1B | 1.1B | 1.4B | 1.6B | 1.7B | 1.8B | |
| End Period Cash Flow | 1.7B | 1.8B | 928.4M | 2.1B | 1.9B | 2.0B | |
| Investments | 914.8M | (317.8M) | (1.3B) | 218.5M | (260.9M) | (273.9M) | |
| Change Receivables | 56.3M | (271.1M) | (274.9M) | (125.7M) | (113.1M) | (107.5M) | |
| Change To Netincome | 39.9M | 74.1M | 87.2M | 36.3M | 41.7M | 50.0M | |
| Net Borrowings | 5.1M | 2.3M | 1.3M | 2M | 1.8M | 1.7M |
Paychex Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Paychex or Professional Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Paychex's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Paychex stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.07 | |
β | Beta against Dow Jones | 0.94 | |
σ | Overall volatility | 1.32 | |
Ir | Information ratio | 0.05 |
Paychex Volatility Alert
Paychex has low volatility with Treynor Ratio of 0.2, Maximum Drawdown of 8.29 and kurtosis of 8.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Paychex's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Paychex's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Paychex Fundamentals Vs Peers
Comparing Paychex's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Paychex's direct or indirect competition across all of the common fundamentals between Paychex and the related equities. This way, we can detect undervalued stocks with similar characteristics as Paychex or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Paychex's fundamental indicators could also be used in its relative valuation, which is a method of valuing Paychex by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Paychex to competition |
| Fundamentals | Paychex | Peer Average |
| Return On Equity | 0.46 | -0.31 |
| Return On Asset | 0.12 | -0.14 |
| Profit Margin | 0.32 % | (1.27) % |
| Operating Margin | 0.41 % | (5.51) % |
| Current Valuation | 51.81 B | 16.62 B |
| Shares Outstanding | 359.9 M | 571.82 M |
| Shares Owned By Insiders | 10.65 % | 10.09 % |
| Shares Owned By Institutions | 80.35 % | 39.21 % |
| Number Of Shares Shorted | 16.64 M | 4.71 M |
| Price To Earning | 31.04 X | 28.72 X |
| Price To Book | 13.62 X | 9.51 X |
| Price To Sales | 9.91 X | 11.42 X |
| Revenue | 5.28 B | 9.43 B |
| Gross Profit | 3.26 B | 27.38 B |
| EBITDA | 2.35 B | 3.9 B |
| Net Income | 1.69 B | 570.98 M |
| Cash And Equivalents | 1.23 B | 2.7 B |
| Cash Per Share | 3.41 X | 5.01 X |
| Total Debt | 885.5 M | 5.32 B |
| Debt To Equity | 0.28 % | 48.70 % |
| Current Ratio | 1.29 X | 2.16 X |
| Book Value Per Share | 10.70 X | 1.93 K |
| Cash Flow From Operations | 1.9 B | 971.22 M |
| Short Ratio | 10.41 X | 4.00 X |
| Earnings Per Share | 4.69 X | 3.12 X |
| Price To Earnings To Growth | 4.35 X | 4.89 X |
| Target Price | 134.2 | |
| Number Of Employees | 16 K | 18.84 K |
| Beta | 0.99 | -0.15 |
| Market Capitalization | 52.64 B | 19.03 B |
| Total Asset | 10.38 B | 29.47 B |
| Retained Earnings | 2.21 B | 9.33 B |
| Working Capital | 1.94 B | 1.48 B |
Note: Disposition of 28585 shares by Golisano B Thomas of Paychex at 141.13 subject to Rule 16b-3 [view details]
Paychex Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Paychex . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Paychex Buy or Sell Advice
When is the right time to buy or sell Paychex? Buying financial instruments such as Paychex Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Paychex in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Most Shorted Equities Thematic Idea Now
Most Shorted Equities
Dynamically calculated list of top equities currently trending upward via a buy-out by investors. The Most Shorted Equities theme has 217 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Most Shorted Equities Theme or any other thematic opportunities.
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Additional Tools for Paychex Stock Analysis
When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.