Paychex Net Worth

Paychex Net Worth Breakdown

  PAYX
The net worth of Paychex is the difference between its total assets and liabilities. Paychex's net worth represents the value of the company's equity or ownership interest. In other words, it is the amount of money that would be left over if all of Paychex's assets were sold and all of its debts were paid off. Net worth is sometimes referred to as shareholder's equity or book value. Paychex's net worth can be used as a measure of its financial health and stability which can help investors to decide if Paychex is a good investment. It is also essential in determining the company's creditworthiness and ability to secure financing before investing in Paychex stock.

Paychex Net Worth Analysis

Paychex's net worth analysis, or its valuation, is the process of determining the total value of the company. This involves assessing a range of factors, including Paychex's financial performance, assets, liabilities, and potential for growth. The ultimate goal is to provide a clear understanding of Paychex's overall worth, which can help investors make informed investment decisions. There are several methods that can be used to perform Paychex's net worth analysis. One common approach is to calculate Paychex's market capitalization.Another approach is to use the price-to-earnings ratio (P/E ratio), which compares Paychex's stock price to its earnings per share (EPS). Discounted cash flow (DCF) analysis is another popular method for assessing Paychex's net worth. This approach calculates the present value of Paychex's future cash flows, taking into account factors such as growth rate, profitability, and risk. By comparing the present value of Paychex's cash flows to its current stock price, investors can gain a better understanding of the company's overall value. Finally, investors may use comparable company analysis to evaluate Paychex's net worth. This involves comparing Paychex's financial metrics to similar companies in the same industry. By identifying companies with similar financial characteristics, investors can gain insight into Paychex's net worth relative to its peers.

Enterprise Value

29.22 Billion

To determine if Paychex is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Paychex's net worth research are outlined below:
Over 80.0% of the company shares are owned by institutional investors
On 27th of November 2024 Paychex paid $ 0.98 per share dividend to its current shareholders
Latest headline from finance.yahoo.com: Corpay Stock Advances 22 percent in 6 Months Key Things to Know

Paychex Quarterly Good Will

1.88 Billion

Paychex uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Paychex. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Paychex's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
3rd of April 2024
Upcoming Quarterly Report
View
4th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
4th of July 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of May 2023
Last Financial Announcement
View

Paychex Target Price Consensus

Paychex target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Paychex's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   19  Hold
Most Paychex analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Paychex stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Paychex, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Paychex Target Price Projection

Paychex's current and average target prices are 146.29 and 137.94, respectively. The current price of Paychex is the price at which Paychex is currently trading. On the other hand, Paychex's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Paychex Market Quote on 18th of January 2025

Low Price146.19Odds
High Price149.46Odds

146.29

Target Price

Analyst Consensus On Paychex Target Price

Low Estimate125.53Odds
High Estimate153.12Odds

137.9438

Historical Lowest Forecast  125.53 Target Price  137.94 Highest Forecast  153.12
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Paychex and the information provided on this page.

Know Paychex's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as Paychex is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Paychex backward and forwards among themselves. Paychex's institutional investor refers to the entity that pools money to purchase Paychex's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Amvescap Plc.2024-09-30
3.9 M
Jpmorgan Chase & Co2024-09-30
3.7 M
Legal & General Group Plc2024-09-30
3.1 M
Goldman Sachs Group Inc2024-09-30
2.9 M
Fidelity International Ltd2024-09-30
2.8 M
Capital World Investors2024-09-30
2.8 M
Ubs Asset Mgmt Americas Inc2024-09-30
2.7 M
Dimensional Fund Advisors, Inc.2024-09-30
2.6 M
Ameriprise Financial Inc2024-09-30
2.3 M
Vanguard Group Inc2024-09-30
31.3 M
Blackrock Inc2024-09-30
26.9 M
Note, although Paychex's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Paychex's market capitalization trends

The company currently falls under 'Large-Cap' category with a current market capitalization of 52.87 B.

Market Cap

29.12 Billion

Project Paychex's profitablity

Last ReportedProjected for Next Year
Return On Tangible Assets 0.23  0.14 
Return On Capital Employed 0.39  0.33 
Return On Assets 0.19  0.13 
Return On Equity 0.40  0.26 
The company has Profit Margin (PM) of 0.32 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.41 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.41.
When accessing Paychex's net worth, it's important to look at multiple sources and consider different scenarios. For example, gross profit margin measures Paychex's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Paychex's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in Paychex's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Paychex. Check Paychex's Beneish M Score to see the likelihood of Paychex's management manipulating its earnings.

Evaluate Paychex's management efficiency

Paychex has return on total asset (ROA) of 0.1203 % which means that it generated a profit of $0.1203 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4567 %, meaning that it created $0.4567 on every $100 dollars invested by stockholders. Paychex's management efficiency ratios could be used to measure how well Paychex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2025. Return On Capital Employed is likely to drop to 0.33 in 2025. At this time, Paychex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 3.8 B in 2025, whereas Intangible Assets are likely to drop slightly above 174.1 M in 2025.
Last ReportedProjected for Next Year
Book Value Per Share 9.49  9.97 
Tangible Book Value Per Share 4.31  4.52 
Enterprise Value Over EBITDA 20.90  24.21 
Price Book Value Ratio 13.10  12.57 
Enterprise Value Multiple 20.90  24.21 
Price Fair Value 13.10  12.57 
Enterprise Value27.8 B29.2 B
The strategic vision of Paychex management plays a critical role in its financial performance. By evaluating this vision, we provide insights into the stock's growth potential.
Enterprise Value Revenue
9.6035
Revenue
5.3 B
Quarterly Revenue Growth
0.025
Revenue Per Share
14.747
Return On Equity
0.4567
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Paychex insiders, such as employees or executives, is commonly permitted as long as it does not rely on Paychex's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Paychex insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
 
Golisano B Thomas over two months ago
Disposition of 28585 shares by Golisano B Thomas of Paychex at 141.13 subject to Rule 16b-3
 
Doody Joseph over three months ago
Disposition of 8641 shares by Doody Joseph of Paychex at 70.37 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Christopher Simmons over three months ago
Disposition of 2344 shares by Christopher Simmons of Paychex at 125.34 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Argiropoulos Mason over three months ago
Disposition of 1006 shares by Argiropoulos Mason of Paychex at 122.45 subject to Rule 16b-3
 
Flaschen David J S over three months ago
Acquisition by Flaschen David J S of tradable shares of Paychex at 122.306 subject to Rule 16b-3
 
Flaschen David J S over six months ago
Acquisition by Flaschen David J S of tradable shares of Paychex at 122.306 subject to Rule 16b-3

Paychex Corporate Filings

F4
16th of January 2025
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
8K
7th of January 2025
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
13A
13th of November 2024
An amended filing to the original Schedule 13G
ViewVerify
30th of August 2024
Other Reports
ViewVerify
Paychex time-series forecasting models is one of many Paychex's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Paychex's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Paychex Earnings Estimation Breakdown

The calculation of Paychex's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Paychex is estimated to be 1.4796 with the future projection ranging from a low of 1.46 to a high of 1.4941. Please be aware that this consensus of annual earnings estimates for Paychex is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
1.14
1.46
Lowest
Expected EPS
1.4796
1.49
Highest

Paychex Earnings Projection Consensus

Suppose the current estimates of Paychex's value are higher than the current market price of the Paychex stock. In this case, investors may conclude that Paychex is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Paychex's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 28th of February 2025Current EPS (TTM)
1897.66%
1.14
1.4796
4.75

Paychex Earnings History

Earnings estimate consensus by Paychex analysts from Wall Street is used by the market to judge Paychex's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Paychex's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods.

Paychex Quarterly Gross Profit

937.8 Million

At this time, Paychex's Retained Earnings are fairly stable compared to the past year. Price Earnings Ratio is likely to rise to 40.47 in 2025, whereas Retained Earnings Total Equity is likely to drop slightly above 1.3 B in 2025. Net Income Applicable To Common Shares is likely to rise to about 1.9 B in 2025, whereas Common Stock Shares Outstanding is likely to drop slightly above 300.6 M in 2025.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Paychex's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
144.98146.31147.64
Details
Intrinsic
Valuation
LowRealHigh
139.79141.12160.92
Details
19 Analysts
Consensus
LowTargetHigh
125.53137.94153.12
Details
Earnings
Estimates (0)
LowProjected EPSHigh
1.461.481.49
Details
Note that many institutional investors and large investment bankers can move markets due to the volume of Paychex assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Paychex. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Paychex's stock price in the short term.

Paychex Earnings per Share Projection vs Actual

Actual Earning per Share of Paychex refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Paychex predict the company's earnings will be in the future. The higher the earnings per share of Paychex, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Paychex Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Paychex, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Paychex should always be considered in relation to other companies to make a more educated investment decision.

Paychex Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Paychex's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2024-12-19
2024-11-301.131.140.01
2024-09-25
2024-08-311.141.1810.041
2024-06-26
2024-05-311.11.120.02
2024-04-02
2024-02-291.371.380.01
2023-12-21
2023-11-301.071.080.01
2023-09-27
2023-08-311.121.140.02
2023-06-29
2023-05-310.970.970.0
2023-03-29
2023-02-281.241.290.05
2022-12-22
2022-11-300.950.990.04
2022-09-28
2022-08-310.971.030.06
2022-06-29
2022-05-310.790.810.02
2022-03-30
2022-02-281.051.150.1
2021-12-22
2021-11-300.80.910.1113 
2021-09-30
2021-08-310.80.890.0911 
2021-06-25
2021-05-310.670.720.05
2021-04-06
2021-02-280.920.960.04
2020-12-23
2020-11-300.660.730.0710 
2020-10-06
2020-08-310.550.630.0814 
2020-07-07
2020-05-310.60.610.01
2020-03-25
2020-02-290.960.970.01
2019-12-18
2019-11-300.680.70.02
2019-10-02
2019-08-310.680.710.03
2019-06-26
2019-05-310.640.63-0.01
2019-03-27
2019-02-280.880.890.01
2018-12-19
2018-11-300.630.650.02
2018-10-02
2018-08-310.650.670.02
2018-06-27
2018-05-310.610.610.0
2018-03-26
2018-02-280.630.630.0
2017-12-21
2017-11-300.590.590.0
2017-10-03
2017-08-310.60.620.02
2017-06-28
2017-05-310.530.540.01
2017-03-29
2017-02-280.540.550.01
2016-12-21
2016-11-300.550.560.01
2016-09-28
2016-08-310.570.60.03
2016-06-30
2016-05-310.490.490.0
2016-03-30
2016-02-290.50.42-0.0816 
2015-12-22
2015-11-300.510.520.01
2015-09-30
2015-08-310.510.520.01
2015-07-01
2015-05-310.440.440.0
2015-03-25
2015-02-280.460.460.0
2014-12-19
2014-11-300.460.470.01
2014-09-24
2014-08-310.460.470.01
2014-07-01
2014-05-310.40.40.0
2014-03-26
2014-02-280.420.440.02
2013-12-18
2013-11-300.420.430.01
2013-09-30
2013-08-310.430.440.01
2013-06-26
2013-05-310.370.380.01
2013-03-27
2013-02-280.390.40.01
2012-12-19
2012-11-300.410.410.0
2012-09-24
2012-08-310.410.420.01
2012-06-27
2012-05-310.340.340.0
2012-03-28
2012-02-290.370.370.0
2011-12-20
2011-11-300.380.390.01
2011-09-27
2011-08-310.380.410.03
2011-06-22
2011-05-310.330.330.0
2011-03-23
2011-02-280.350.360.01
2010-12-20
2010-11-300.350.370.02
2010-09-27
2010-08-310.340.360.02
2010-06-23
2010-05-310.310.320.01
2010-03-24
2010-02-280.330.340.01
2009-12-16
2009-11-300.330.350.02
2009-09-23
2009-08-310.340.340.0
2009-06-24
2009-05-310.330.32-0.01
2009-03-25
2009-02-280.360.360.0
2008-12-17
2008-11-300.40.39-0.01
2008-09-24
2008-08-310.410.410.0
2008-06-26
2008-05-310.380.380.0
2008-03-26
2008-02-290.390.390.0
2007-12-19
2007-11-300.390.40.01
2007-09-26
2007-08-310.390.40.01
2007-06-27
2007-05-310.360.360.0
2007-03-28
2007-02-280.350.350.0
2006-12-20
2006-11-300.340.350.01
2006-09-26
2006-08-310.340.350.01
2006-06-28
2006-05-310.320.320.0
2006-03-28
2006-02-280.310.3-0.01
2005-12-21
2005-11-300.290.30.01
2005-09-27
2005-08-310.280.30.02
2005-06-27
2005-05-310.240.270.0312 
2005-03-21
2005-02-280.240.240.0
2004-12-21
2004-11-300.230.230.0
2004-09-21
2004-08-310.230.230.0
2004-06-24
2004-05-310.210.2-0.01
2004-03-18
2004-02-290.210.210.0
2003-12-18
2003-11-300.210.210.0
2003-09-23
2003-08-310.20.210.01
2003-06-24
2003-05-310.190.190.0
2003-03-20
2003-02-280.190.190.0
2002-12-19
2002-11-300.190.20.01
2002-09-18
2002-08-310.190.20.01
2002-06-25
2002-05-310.190.18-0.01
2002-03-19
2002-02-280.180.180.0
2001-12-19
2001-11-300.190.18-0.01
2001-09-20
2001-08-310.190.190.0
2001-06-25
2001-05-310.180.180.0
2001-03-19
2001-02-280.170.180.01
2000-12-20
2000-11-300.160.160.0
2000-09-20
2000-08-310.140.160.0214 
2000-06-26
2000-05-310.130.140.01
2000-03-16
2000-02-290.120.130.01
1999-12-16
1999-11-300.120.120.0
1999-09-16
1999-08-310.110.110.0
1999-06-29
1999-05-310.10.10.0
1999-03-17
1999-02-280.090.10.0111 
1998-12-15
1998-11-300.090.090.0
1998-09-15
1998-08-310.080.080.0
1998-06-30
1998-05-310.070.080.0114 
1998-03-17
1998-02-280.070.070.0
1997-12-18
1997-11-300.060.070.0116 
1997-09-16
1997-08-310.060.060.0
1997-06-30
1997-05-310.050.060.0120 
1997-03-17
1997-02-280.050.050.0
1996-12-16
1996-11-300.050.050.0
1996-09-18
1996-08-310.040.050.0125 
1996-07-02
1996-05-310.040.040.0
1996-03-15
1996-02-290.040.040.0

Paychex Corporate Management

John GibsonSr. VP of ServiceProfile
Christopher SimmonsController, VPProfile
Dave WilsonVice ServicesProfile
Chad ParodiManaging ServicesProfile
Christopher DeSalvoVP OperationsProfile
Frank FiorilleCompliance RiskProfile

Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.