Paychex Inc.

AI Score

XX

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155.20
0.61 (0.39%)
At close: Apr 02, 2025, 3:59 PM
152.94
-1.46%
Pre-market: Apr 03, 2025, 08:32 AM EDT

Paychex Statistics

Share Statistics

Paychex has 360.19M shares outstanding. The number of shares has increased by 0.06% in one year.

Shares Outstanding 360.19M
Shares Change (YoY) 0.06%
Shares Change (QoQ) 0.04%
Owned by Institutions (%) 77.58%
Shares Floating 322.28M
Failed to Deliver (FTD) Shares 44.78K
FTD / Avg. Volume 2.17%

Short Selling Information

The latest short interest is 17.33M, so 4.81% of the outstanding shares have been sold short.

Short Interest 17.33M
Short % of Shares Out 4.81%
Short % of Float 5.38%
Short Ratio (days to cover) 10.71

Valuation Ratios

The PE ratio is 25.61 and the forward PE ratio is 27.76. Paychex's PEG ratio is 2.99.

PE Ratio 25.61
Forward PE 27.76
PS Ratio 8.2
Forward PS 9.1
PB Ratio 11.39
P/FCF Ratio 24.93
PEG Ratio 2.99
Financial Ratio History

Enterprise Valuation

Paychex has an Enterprise Value (EV) of 42.71B.

EV / Sales 8.09
EV / EBITDA 18.17
EV / EBIT 22.51
EV / FCF 24.6

Financial Position

The company has a current ratio of 1.37, with a Debt / Equity ratio of 0.23.

Current Ratio 1.37
Quick Ratio 1.37
Debt / Equity 0.23
Debt / EBITDA 0.38
Debt / FCF 0.51
Interest Coverage 58.29

Financial Efficiency

Return on Equity is 44.47% and Return on Invested Capital is 32.54%.

Return on Equity 44.47%
Return on Assets 16.28%
Return on Invested Capital 32.54%
Revenue Per Employee $319.9K
Profits Per Employee $102.45K
Employee Count 16,500
Asset Turnover 0.51
Inventory Turnover n/a

Taxes

Income Tax 527.6M
Effective Tax Rate 23.79%

Stock Price Statistics

The stock price has increased by 29.05% in the last 52 weeks. The beta is 0.98, so Paychex's price volatility has been higher than the market average.

Beta 0.98
52-Week Price Change 29.05%
50-Day Moving Average 148.71
200-Day Moving Average 137.89
Relative Strength Index (RSI) 62.04
Average Volume (20 Days) 2.06M

Income Statement

In the last 12 months, Paychex had revenue of 5.28B and earned 1.69B in profits. Earnings per share was 4.69.

Revenue 5.28B
Gross Profit 3.8B
Operating Income 2.17B
Net Income 1.69B
EBITDA 2.35B
EBIT 2.17B
Earnings Per Share (EPS) 4.69
Full Income Statement

Balance Sheet

The company has 1.47B in cash and 885.5M in debt, giving a net cash position of 583.4M.

Cash & Cash Equivalents 1.47B
Total Debt 885.5M
Net Cash 583.4M
Retained Earnings 2.21B
Total Assets 11.22B
Working Capital 2.28B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.9B and capital expenditures -161.4M, giving a free cash flow of 1.74B.

Operating Cash Flow 1.9B
Capital Expenditures -161.4M
Free Cash Flow 1.74B
FCF Per Share 4.82
Full Cash Flow Statement

Margins

Gross margin is 71.97%, with operating and profit margins of 41.19% and 32.03%.

Gross Margin 71.97%
Operating Margin 41.19%
Pretax Margin 42.02%
Profit Margin 32.03%
EBITDA Margin 44.53%
EBIT Margin 41.19%
FCF Margin 32.9%

Dividends & Yields

PAYX pays an annual dividend of $4.81, which amounts to a dividend yield of 2.67%.

Dividend Per Share $4.81
Dividend Yield 2.67%
Dividend Growth (YoY) 10.11%
Payout Ratio 100%
Earnings Yield 3.9%
FCF Yield 4.01%
Dividend Details

Analyst Forecast

The average price target for PAYX is $144, which is -7.2% lower than the current price. The consensus rating is "Hold".

Price Target $144
Price Target Difference -7.2%
Analyst Consensus Hold
Analyst Count 12
Stock Forecasts

Stock Splits

The last stock split was on May 23, 2000. It was a forward split with a ratio of 3:2.

Last Split Date May 23, 2000
Split Type forward
Split Ratio 3:2

Scores

Altman Z-Score 6.37
Piotroski F-Score 8