PAYX - Paychex - Stock Forecast

Industrials - Sector
Coverage Profile Stock analysts Price Targets & Ratings Chart Insider Trading

PAYX is currently covered by 18 analysts with an average price target of $148.99. This is a potential upside of $4.9 (3.4%) from yesterday's end of day stock price of $144.09.

Paychex's activity chart (see below) currently has 231 price targets and 199 ratings on display. The stock rating distribution of PAYX is 61.67% HOLD, 10% BUY and 28.33% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 92.76% with an average time for these price targets to be met of 236.44 days.

Highest price target for PAYX is $148, Lowest price target is $113, average price target is $148.99.

Most recent stock forecast was given by JAMES FAUCETTE from MORGAN STANLEY on 02-Oct-2024. First documented stock forecast 03-Jul-2014.

Split History since 2000:

5/23/00 3 for 2

Overview

Paychex is a provider of integrated human capital management solutions to small to medium-sized businesses in the United States, Europe, and India.

Revenue Channels

Paychex generates revenue primarily through its integrated human capital management solutions, which include:

  • Payroll processing services
  • HR solutions,.
  • Retirement services administration
  • Cloud-based HR administration software products
  • Plan administration outsourcing
  • State unemployment insurance services

Additionally, the company offers various business services, such as payroll funding and outsourcing services, payment processing services, financial fitness programs, and a small-business loan resource center. Paychex also provides insurance services for property and casualty coverage, as well as health and benefits coverage.

History

Paychex was founded in 1971 and is headquartered in Rochester, New York.

Currently out of the existing stock ratings of PAYX, 37 are a HOLD (61.67%), 6 are a BUY (10%), 17 are a SELL (28.33%).

Analyst name

Rating

Current price target

Potential Upside

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

Hold

$133

$-9.96 (-6.97%)

$122

1 months 19 days ago
(02-Oct-2024)

13/15 (86.67%)

$-7.76 (-5.51%)

200

Hold

$148

$5.04 (3.53%)

$130

1 months 19 days ago
(02-Oct-2024)

3/3 (100%)

$7.24 (5.14%)

62

Hold

$131

$-11.96 (-8.37%)

$126

1 months 19 days ago
(02-Oct-2024)

13/15 (86.67%)

$-9.76 (-6.93%)

448

Hold

$142

$-0.96 (-0.67%)

$120

1 months 19 days ago
(02-Oct-2024)

8/9 (88.89%)

$1.24 (0.88%)

414

Hold

$141

$-1.96 (-1.37%)

$130

1 months 19 days ago
(02-Oct-2024)

9/9 (100%)

$0.24 (0.17%)

241

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What is PAYX (Paychex) average time for price targets to be met?

On average it took 236.44 days on average for the stock forecasts to be realized with a an average price target met ratio 92.76

Which analyst has the current highest performing score on PAYX (Paychex) with a proven track record?

DAVID COLEMAN

Which analyst has the most public recommendations on PAYX (Paychex)?

David Coleman works at ARGUS and has 5 price targets and 5 ratings on PAYX

Which analyst is the currently most bullish on PAYX (Paychex)?

Ashish Sabadra with highest potential upside - $5.04

Which analyst is the currently most reserved on PAYX (Paychex)?

John T Williams with lowest potential downside - -$67.33

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