Paychex (PAYX, $95.25) beats fiscal Q3 expectations; but has year-over-year declines
Payroll management company Paychex beat fiscal-third-quarter earnings expectations. However, it experienced year-over-year decline in fiscal-third-quarter earnings and revenue.
For the three months ended Feb. 28, adjusted earnings came in at 96 cents a share, compared with 97 cents in the year-ago quarter. Analysts polled by FactSet expected 92 cents a share.
Revenue fell -2.6% year-over-year to $1.11 billion, in line with analysts’ estimates.
"Client retention remains strong and at record levels, and our results for the third quarter show that our resilient business model has helped us navigate the uncertainties created by COVID-19," President and Chief Executive Martin Mucci said in a statement.
Looking ahead, Paychex expects both revenue and adjusted earnings per share to range between flat with to down -2% in fiscal 2021.
PAYX sees MACD Histogram crosses below signal line
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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