Jun. 18 at 12:26 AM
$PAYX Heads up alert! upcoming earnings on Wednesday, 6/25/2025 for
$PAYX
Bullish (8.5)
In evaluating Paychex, Inc. (PAYX), the company appears to be on a positive trajectory, evidenced by several recent upgrades in price targets and analyst ratings.
TD Cowen has increased its price target from
$150 to
$153, maintaining a Buy rating, which suggests confidence in the company's ability to deliver results above market expectations.
This aligns with a broader trend within the HR software sector, where Paychex is noted for its robust cash position and innovative product offerings, such as the recently launched Partner Pro portal designed for accountants.
Financial metrics reflect a stable performance, with a trailing P/E ratio of approximately 30.98 and a forward P/E of 28.25, indicating a premium valuation relative to industry peers.
Furthermore, Paychex reported a 5% increase in total revenue in Q3, which signals resilience even amid external pressures, such as the expiration of the Employee Retention Tax Credit (ERTC).
The company's commitment to maintaining a strong balance sheet and investing in growth avenues, particularly through acquisitions, positions it favorably in the market.
Regarding upcoming earnings reports, Paychex is scheduled to release its fiscal 2025 fourth-quarter results on June 25, 2025.
Analysts are anticipating that the results will meet or slightly exceed consensus estimates, reflecting steady demand and employment conditions.
Historically, Paychex has consistently reported positive earnings surprises, and the upcoming release is expected to continue this trend, potentially reinforcing investor confidence and positively impacting stock performance.
Analyst consensus estimates suggest cautious optimism, with many viewing the company's strategic initiatives, including its integration of PayCor, as pivotal for future growth.
Overall, the HR software sector is experiencing a period of growth, driven by increased demand for workforce management solutions and ongoing digital transformation across industries.
Paychex, as a leading player in this sector, is well-positioned to capitalize on these trends, supported by a solid financial foundation and innovative product development.
- Funds were net buyers of
$PAYX during the previous reporting quarter.
- Top 5 funds with large holdings in
$PAYX:
- Select Equity Group LP, MV:
$539MM. Fund Rank: 71%
www.selectequity.com
- Adage Capital P, MV:
$57MM. Fund Rank: 79%
www.adagecapital.com
- GW&K Investment Management LLC, MV:
$53MM. Fund Rank: 79%
- Canada Pension , MV:
$35MM. Fund Rank: 83%
- The Investment House LLC, MV:
$28MM. Fund Rank: 83%
www.tihllc.com
- Last 10 days performance: -5%
- Last 30 days performance: -2%
- Last 90 days performance: 4%
Some of the latest news articles:
- Title: Paychex price target raised to
$153 from
$150 at TD Cowen
Publication Date: 6/17/2025 1:25:15 PM, Source: yahoo
URL: https://finance.yahoo.com/news/paychex-price-target-raised-153-132515905.html?.tsrc=rss
- Title: Morgan Stanley Affirms ‘Equal Weight’ on Paychex on PayCor Integration
Publication Date: 6/16/2025 2:50:45 PM, Source: yahoo
URL: https://finance.yahoo.com/news/morgan-stanley-affirms-equal-weight-145045702.html?.tsrc=rss
- Title: 2 Cash-Heavy Stocks with Promising Prospects and 1 to Approach with Caution
Publication Date: 6/16/2025 4:44:16 AM, Source: yahoo
URL: https://finance.yahoo.com/news/2-cash-heavy-stocks-promising-044416315.html?.tsrc=rss
- Title: Paychex, Inc. Schedules Fourth Quarter Fiscal 2025 Earnings Conference Call for June 25, 2025
Publication Date: 6/13/2025 1:00:00 PM, Source: yahoo
URL: https://finance.yahoo.com/news/paychex-inc-schedules-fourth-quarter-130000683.html?.tsrc=rss
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