Paychex Inc (NASDAQ:PAYX) currently has a daily average trading volume of 2.08M but it saw 9263019 shares traded in last market. With a market cap of 49.68B USD, the company’s current market price of $137.94 came falling about -9.40 while comparing to the previous closing price of $152.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $161.24 and as low as $115.40. In the recent trading on the day, stock has struck highest price mark of $136.8801 while lowest mark touched by it was $146.0.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which downgraded the stock as “Market Perform” in its note to investors issued on December 22, 2023, recommending a price target of between $132 and $123 for it. Barclays upgraded its recommendation for the stock as a “Equal Weight” from “Underweight” on December 14, 2023 while assigning a price target range of $107-$126. UBS issued its recommendations for the stock as it initiated the price target for the stock is $120.
Over the week, PAYX’s stock price is moving -9.56% down while it is -11.63% when we observe its performance for the past one month. Year-to-date it is 9.51% up and over the past year, the stock is showing a downside performance of -1.63%.
Currently, Paychex Inc’s total number of outstanding shares is 360.20M with 10.63% of that held by the insiders while 81.63% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 35.06% and return on equity (ROE) at 44.25%. It has a price to earnings ratio (P/E ratio) of 28.69 while having a 23.83 of forward P/E ratio. Stock’s beta reads 0.90. Stock has a price to book (P/B) ratio of 12.07 while price to sale or P/S ratio amounts to 9.13. Its return on asset (ROA) is 14.35% on average.
