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 20520.15. Since its IPO date on the 3/26/1990, Paychex, Inc., PAYX performance year to date is 9.54%. Today Paychex, Inc., PAYX has gained -0.39%, with a current price of 56.52.
Ownership of the company is 10.60% for insider ownership while institutional ownership is 71.80%. 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 16.90%. The 52-week high is -8.28%, and the 52-week low is 26.60%. The average volume for Paychex, Inc., PAYX is 1724200.
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 26.81 and a forward P/E of 23.57. Perhaps the more useful indicator than P/E, is PEG which has a value of 2.79. Paychex, Inc. also has a P/S and a P/B of 6.81 and 10.26 respectively. For P/cash, Paychex, Inc. has a value of 41.23, while it is 64.75 for P/free cash flow.
At the current price of 56.52, Paychex, Inc. has a dividend yield of 3.26%. 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 7.97% 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.