Paychex (NASDAQ:PAYX) Issues FY 2025 Earnings Guidance

Paychex (NASDAQ:PAYX) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.960-5.050 for the period, compared to the consensus EPS estimate of 4.970. The company issued revenue guidance of $5.5 billion-$5.6 billion, compared to the consensus revenue estimate of $5.5 billion. Paychex also updated its FY25 guidance to $4.96-5.05 EPS.

Paychex Price Performance

PAYX opened at $140.79 on Wednesday. The company has a quick ratio of 1.37, a current ratio of 1.37 and a debt-to-equity ratio of 0.21. Paychex has a 52-week low of $106.27 and a 52-week high of $141.59. The company has a 50 day moving average of $129.53 and a two-hundred day moving average of $124.49. The company has a market cap of $50.68 billion, a P/E ratio of 30.15, a P/E/G ratio of 3.54 and a beta of 1.00.

Paychex Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 29th. Shareholders of record on Thursday, August 8th were paid a dividend of $0.98 per share. The ex-dividend date was Thursday, August 8th. This represents a $3.92 annualized dividend and a yield of 2.78%. Paychex’s dividend payout ratio is currently 83.94%.

Wall Street Analysts Forecast Growth

PAYX has been the subject of several research reports. Royal Bank of Canada reiterated a sector perform rating and set a $130.00 price objective on shares of Paychex in a research note on Thursday, June 27th. Citigroup upped their target price on shares of Paychex from $125.00 to $145.00 and gave the company a neutral rating in a research note on Wednesday, September 25th. Barclays upped their target price on shares of Paychex from $118.00 to $132.00 and gave the company an equal weight rating in a research note on Monday, September 23rd. Robert W. Baird decreased their target price on shares of Paychex from $126.00 to $124.00 and set a neutral rating for the company in a research note on Thursday, June 27th. Finally, Morgan Stanley decreased their target price on shares of Paychex from $125.00 to $122.00 and set an equal weight rating for the company in a research note on Thursday, June 27th. Two equities research analysts have rated the stock with a sell rating and eleven have issued a hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of Hold and a consensus target price of $125.62.

Insider Activity at Paychex

In other Paychex news, VP Mark Anthony Bottini sold 8,954 shares of Paychex stock in a transaction on Wednesday, July 24th. The shares were sold at an average price of $123.60, for a total value of $1,106,714.40. Following the completion of the transaction, the vice president now owns 79,232 shares of the company’s stock, valued at $9,793,075.20. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In related news, Director David J. S. Flaschen sold 9,615 shares of the firm’s stock in a transaction that occurred on Friday, July 26th. The stock was sold at an average price of $125.60, for a total value of $1,207,644.00. Following the sale, the director now owns 5,383 shares of the company’s stock, valued at approximately $676,104.80. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, VP Mark Anthony Bottini sold 8,954 shares of the company’s stock in a transaction on Wednesday, July 24th. The stock was sold at an average price of $123.60, for a total value of $1,106,714.40. Following the transaction, the vice president now owns 79,232 shares of the company’s stock, valued at $9,793,075.20. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 45,673 shares of company stock valued at $5,636,085. Corporate insiders own 11.50% of the company’s stock.

Paychex Company Profile

Paychex, Inc, together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.