Paychex (PAYX, $64.32) Beats Earnings and Revenue Estimates in Q2
Paychex Inc. registered earnings of 65 cents a share in the second quarter, which is +18% higher than year-ago period’s per share earnings. The payroll & human resources company generated adjusted earnings of 65 cents per share, surpassing analysts’ expectation of 63 cents per share (as polled by Refinitiv). For fiscal 2019, the company projects its adjusted earnings per share to increase in the range of 11-12% - an upward revision from its initial guidance of a 7- 8% increase.
Paychex’s revenue climbed +7% year-over-year to touch $858.9 million in the second quarter. That’s higher than analysts’ estimate of $858.3 million. Its guidance for fiscal 2019 total revenue growth is in the range of 6-7%.
PAYX sees MACD Histogram just turned negative
PAYX saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on June 09, 2025. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 53 instances where the indicator turned negative. In of the 53 cases the stock moved lower in the days that followed. This puts the odds of a downward move at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on June 10, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on PAYX as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
PAYX moved below its 50-day moving average on June 18, 2025 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where PAYX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 1 day, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PAYX advanced for three days, in of 333 cases, the price rose further within the following month. The odds of a continued upward trend are .
PAYX may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In of 318 cases where PAYX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
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Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
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