+Compare
PAYX
Stock ticker: NASDAQ
AS OF
Loading...
Price
Loading...
Change
Loading...
Capitalization
41.1B

PAYX Price Prediction, Paychex AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
a Summary for PAYX with price predictions
08:00 PM EDT Oct 02, 2023

PAYX's RSI Oscillator ascends from oversold territory

The RSI Oscillator for PAYX moved out of oversold territory on September 27, 2023. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 27 similar instances when the indicator left oversold territory. In of the 27 cases the stock moved higher. This puts the odds of a move higher at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 52 cases where PAYX's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where PAYX advanced for three days, in of 345 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.

Bearish Trend Analysis

The Momentum Indicator moved below the 0 level on September 07, 2023. You may want to consider selling the stock, shorting the stock, or exploring put options on PAYX as a result. In of 85 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 September 06, 2023 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for PAYX crossed bearishly below the 50-day moving average on September 12, 2023. This indicates that the trend has shifted lower and could be considered a sell signal. In of 11 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

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 .

The Aroon Indicator for PAYX entered a downward trend on October 03, 2023. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 78, placing this stock better than average.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. PAYX’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (11.455) is normal, around the industry mean (5.360). P/E Ratio (25.773) is within average values for comparable stocks, (41.615). Projected Growth (PEG Ratio) (2.986) is also within normal values, averaging (1.987). Dividend Yield (0.030) settles around the average of (0.036) among similar stocks. PAYX's P/S Ratio (8.104) is very high in comparison to the industry average of (1.459).

A.I. Advisor
published Earnings

PAYX is expected to report earnings to fall 5.26% to $1.08 per share on December 20

Paychex PAYX Stock Earnings Reports
Q4'23
Est.
$1.08
Q3'23
Beat
by $0.02
Q2'23
Est.
$0.97
Q1'23
Beat
by $0.04
Q4'22
Beat
by $0.04
The last earnings report on September 27 showed earnings per share of $1.14, beating the estimate of $1.12. With 1.37M shares outstanding, the current market capitalization sits at 41.10B.
A.I.Advisor
published Dividends

PAYX paid dividends on August 24, 2023

Paychex PAYX Stock Dividends
А dividend of $0.89 per share was paid with a record date of August 24, 2023, and an ex-dividend date of August 09, 2023. Read more...
A.I.Advisor
published Highlights

Industry description

Personnel Services comprise companies that provide staffing and human resources management solutions for businesses. Each company might be involved in one or more types of recruitment or employee solutions such as permanent or temporary staffing, career consulting, outsourcing, administrative services and many more. Some personnel services companies cater to large businesses, while some specialize in providing services to small/medium-sized organizations. These specialized services potentially expedite the process of getting the ‘right’ candidates and/or training them to meet the requirements of a business process. Some of the companies also cover other critical areas like internal auditing for a company. Robert Half International Inc., ManpowerGroup Inc. and Insperity, Inc. are examples of companies in the personnel services industry.

Market Cap

The average market capitalization across the Personnel Services Industry is 7.6B. The market cap for tickers in the group ranges from 78.46K to 98.61B. ADP holds the highest valuation in this group at 98.61B. The lowest valued company is GXXM at 78.46K.

High and low price notable news

The average weekly price growth across all stocks in the Personnel Services Industry was -2%. For the same Industry, the average monthly price growth was -9%, and the average quarterly price growth was -9%. RLBY experienced the highest price growth at 12%, while PIXY experienced the biggest fall at -87%.

Volume

The average weekly volume growth across all stocks in the Personnel Services Industry was 42%. For the same stocks of the Industry, the average monthly volume growth was 12% and the average quarterly volume growth was 62%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 45
P/E Growth Rating: 46
Price Growth Rating: 63
SMR Rating: 55
Profit Risk Rating: 77
Seasonality Score: 16 (-100 ... +100)
View a ticker or compare two or three
Technical Analysis# Of IndicatorsAvg. Odds
   
   
Show details...
A.I.Advisor
published price charts
A.I. Advisor
published General Information

General Information

a provider of payroll processing and other human resources services

Industry PersonnelServices

Profile
Fundamentals
Details
Industry
Data Processing Services
Address
911 Panorama Trail South
Phone
+1 585 385-6666
Employees
16600
Web
https://www.paychex.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
HCM16.66-0.06
-0.36%
HUTCHMED (China) Limited
RMD144.59-1.16
-0.80%
ResMed
HARP4.03-0.05
-1.23%
Harpoon Therapeutics
RDUS26.93-0.93
-3.34%
Schnitzer Steel Industries
CTV1.15-0.09
-7.26%
Innovid Corp

PAYX and

Correlation & Price change

A.I.dvisor indicates that over the last year, PAYX has been closely correlated with ADP. These tickers have moved in lockstep 86% of the time. This A.I.-generated data suggests there is a high statistical probability that if PAYX jumps, then ADP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To PAYX
1D Price
Change %
PAYX100%
+0.38%
ADP - PAYX
86%
Closely correlated
+0.47%
KFY - PAYX
59%
Loosely correlated
+0.15%
MAN - PAYX
55%
Loosely correlated
+0.39%
RHI - PAYX
54%
Loosely correlated
+2.49%
KFRC - PAYX
47%
Loosely correlated
+0.60%
More