PAYX - Paychex - Stock Forecast

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

PAYX is currently covered by 16 analysts with an average price target of $128.74. This is a potential upside of $7.6 (6.27%) from yesterday's end of day stock price of $121.14.

Paychex's activity chart (see below) currently has 190 price targets and 170 ratings on display. The stock rating distribution of PAYX is 59.57% HOLD, 25.53% BUY and 14.89% SELL.

Stock Analyst Price Targets - Review

Analysts average stock forecasts to be materialized ratio is 81.76% with an average time for these price targets to be met of 196.04 days.

Highest price target for PAYX is $130, Lowest price target is $106, average price target is $128.74.

Most recent stock forecast was given by DAVID TOGUT from EVERCORE on 26-Mar-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, 28 are a HOLD (59.57%), 12 are a BUY (25.53%), 7 are a SELL (14.89%).

Analyst name

Rating

Current price target

Potential distance

Previous price target

Date

Price targets met ratio

Average potential upside

Average Time (Days) For PT To Be Met

Performance score

118

$-5.85 (-4.72%)

118

25 days ago

3/4 (75%)

$-1.58 (-1.32%)

148

Hold

125

$1.15 (0.93%)

130

3 months 25 days ago

5/9 (55.56%)

$5.69 (4.77%)

113

Hold

130

$6.15 (4.97%)

122

3 months 29 days ago

6/8 (75%)

$11.01 (9.25%)

141

Hold

123

$-0.85 (-0.69%)

132

3 months 30 days ago

5/13 (38.46%)

$4.96 (4.20%)

168

Hold

120

$-3.85 (-3.11%)

138

5 months 13 days ago

5/8 (62.5%)

$9.16 (8.26%)

344

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

On average it took 196.04 days on average for the stock forecasts to be realized with a an average price target met ratio 81.76

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)?

Gary Bisbee with highest potential upside - $6.15

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

John T Williams with lowest potential downside - -$67.33

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