Paychex, Inc., PAYX is in the exchange NASDAQ and its industry is Staffing & Outsourcing Services in the sector of Services. Based in USA, Paychex, Inc., PAYX has a market cap of 20392.1. Since its IPO date on the 3/26/1990, Paychex, Inc., PAYX performance year to date is 10.58%. Today Paychex, Inc., PAYX has gained -0.70%, with a current price of 57.06.
Ownership of the company is 10.60% for insider ownership while institutional ownership is 71.90%. The management of the company have seen the company have a payout ratio of 81.10%. Return of assets are at 11.90%, with return on investment at 39.40%.
In terms of debt levels and profit levels, Paychex, Inc., PAYX is seeing a long-term debt/equity of 0. While Total debt/equity is 0.03. With a profit margin of 25.40%, this is combined with a gross margin of 70.90%, and operating margin of 38.90%. Paychex, Inc. ability to meet debt levels, with a current ratio of 1.2, while the quick ratio is 1.2.
For the last year Paychex, Inc., PAYX has seen a EPS growth of 12.80%. A performance for the year of 21.12%. The 52-week high is -7.40%, and the 52-week low is 27.81%. The average volume for Paychex, Inc., PAYX is 1790300.
With a target price of 55, can Paychex, Inc., PAYX reach this target? Looking at the value indicators of Paychex, Inc., PAYX. Paychex, Inc. has a P/E of 27.07 and a forward P/E of 23.79. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.82. Paychex, Inc. also has a P/S and a P/B of 6.76 and 10.36 respectively. For P/cash, Paychex, Inc. has a value of 40.97, while it is 64.35 for P/free cash flow.
At the current price of 57.06, Paychex, Inc. has a dividend yield of 3.22%. We see a return on equity of 40.10%.
Looking more long-term Paychex, Inc., is projected to get an EPS growth for the next five years of 9.60%. In the short-term an EPS growth of 8.02% in the next year is forecasted. This is after a EPS growth of 12.80% for this year and for the last five years a 8.00% growth has been seen.