Paychex Inc (NASDAQ: PAYX) is 19.04% higher on its value in year-to-date trading and has touched a low of $122.07 and a high of $161.24 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PAYX stock was last observed hovering at around $145.24 in the last trading session, with the day’s gains setting it 1.16%.
Currently trading at $146.4, the stock is 1.35% and -2.82% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing 0.80% at the moment leaves the stock -0.02% off its SMA200. PAYX registered 4.41% gain for a year compared to 6-month gain of 1.12%. The firm has a 50-day simple moving average (SMA 50) of $150.6502 and a 200-day simple moving average (SMA200) of $146.4239.
The stock witnessed a -3.84% loss in the last 1 month and extending the period to 3 months gives it a 2.22%, and is 2.17% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.36% over the week and 1.94% over the month.
Paychex Inc (PAYX) has around 19000 employees, a market worth around $52.74B and $5.57B in sales. Current P/E ratio is 31.97 and Fwd P/E is 24.72. Profit margin for the company is 29.74%. Distance from 52-week low is 19.93% and -9.20% from its 52-week high. The company has generated returns on investments over the last 12 months (18.98%).
The EPS is expected to grow by 9.82% this year
2160.0 institutions hold shares in Paychex Inc (PAYX), with institutional investors hold 91.45% of the company’s shares. The shares outstanding are 360.50M, and float is at 322.16M with Short Float at 3.99%. Institutions hold 81.72% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 31.05 million shares valued at $3.68 billion. The investor’s holdings represent 8.6184 of the PAYX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 27.98 million shares valued at $3.32 billion to account for 7.7649 of the shares outstanding. The other top investors are CAPITAL INTERNATIONAL INVESTORS which holds 24.52 million shares representing 6.8058 and valued at over $2.91 billion, while STATE STREET CORP holds 3.6552 of the shares totaling 13.17 million with a market value of $1.56 billion.
Paychex Inc (PAYX) Insider Activity
The most recent transaction is an insider sale by Simmons Christopher C, the company’s VP, Controller & Treasurer. SEC filings show that Simmons Christopher C sold 1,843 shares of the company’s common stock on Jul 16 ’25 at a price of $140.98 per share for a total of $0.26 million. Following the sale, the insider now owns 5723.0 shares.
Paychex Inc disclosed in a document filed with the SEC on Jul 16 ’25 that Schrader Robert L. (Sr. VP, CFO) sold a total of 3,160 shares of the company’s common stock. The trade occurred on Jul 16 ’25 and was made at $140.63 per share for $0.44 million. Following the transaction, the insider now directly holds 19281.0 shares of the PAYX stock.
Still, SEC filings show that on Jul 16 ’25, Gibson John B (President and CEO) disposed off 12,370 shares at an average price of $141.92 for $1.76 million. The insider now directly holds 81,755 shares of Paychex Inc (PAYX).
