Paychex Intrinsic Value Calculator – 2023: Paychex Stock Soars Above the Competition on Bullish Trading Day.
March 27, 2023
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On Tuesday, the stock of Paychex ($NASDAQ:PAYX) Inc. soared above its competition on what was a bullish trading day. Shares of the payroll and human resources services provider experienced a notable increase in price, far outpacing that of its competitors. This surge in the price of Paychex Inc.’s stock comes in the wake of a number of positive developments for the company. For example, Paychex Inc. recently announced several new partnerships with businesses of various sizes. These partnerships are allowing them to tap into new markets, helping them to expand their business.
In addition, the company has seen strong customer demand for their services and products, allowing them to capitalize on the current market conditions. The company’s stock ended the day up more than 2%, while most of its competitors remained largely flat or experienced only a small increase in their stock prices. This strong performance is an indication that investors are optimistic about the prospects of this company and its ability to capitalize on the current market conditions. Overall, it was a strong trading day for Paychex Inc., with their stock outperforming that of its competitors. With new partnerships and customer demand driving the company’s success, Paychex Inc. appears to be well positioned to continue its impressive growth in the coming years.
Share Price
On Friday, Paychex Inc. (PAYCHEX) stock hit the market with a bang, opening at $107.9 and closing at $108.8, up by 0.9% from the previous day’s closing price of $107.9. The stock has been trending positively on the markets all week, and at the time of writing, media exposure is mostly positive. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Paychex. More…
| Total Revenues | Net Income | Net Margin |
| 4.82k | 1.47k | 30.4% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Paychex. More…
| Operations | Investing | Financing |
| 1.64k | 92.1 | -1.73k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Paychex. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 9.21k | 6.01k | 8.89 |
Key Ratios Snapshot
Some of the financial key ratios for Paychex are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 6.1% | 10.3% | 40.4% |
| FCF Margin | ROE | ROA |
| 31.2% | 38.4% | 13.2% |
Analysis – Paychex Intrinsic Value Calculator
At GoodWhale, we have conducted an analysis of PAYCHEX‘s wellbeing. Through our proprietary Valuation Line, we have determined that the fair value of PAYCHEX share is approximately $115.7. Despite this, the stock is currently being traded at $108.8, which is a fair price that is undervalued by 5.9%. This could be a great opportunity for investors as it could yield a good return on investment. We therefore suggest that investors consider investing in PAYCHEX stock as it could prove to be a lucrative opportunity. More…
Peers
The competition among Paychex Inc and its competitors is fierce. Each company is trying to offer the best products and services to their clients. They are all trying to stay ahead of the curve and be the best in the business.
– Automatic Data Processing Inc ($NASDAQ:ADP)
Automatic Data Processing, Inc. (Nasdaq: ADP), a leading global provider of Human Capital Management (HCM) solutions, has a market cap of 101.65B as of 2022 and a Return on Equity of 86.78%. ADP offers a comprehensive suite of HCM solutions that helps organizations of all sizes unlock the power of their people to drive business success. From payroll and tax to talent management and benefits administration, ADP’s HCM solutions are designed to help organizations streamline HR processes, improve employee engagement and enable leaders to make better decisions.
– Trinet Group Inc ($NYSE:TNET)
Trinet Group, Inc. is a human resources outsourcing company. The Company provides a range of services, including multi-state payroll processing, human capital management, benefits administration, and compliance with regulatory and government reporting requirements. It offers a suite of online tools and services that enable clients to manage their human resources, benefits, and payroll functions. The Company serves clients in a range of industries, including healthcare, retail, hospitality, and technology.
– Allegiant Professional Business Services Inc ($OTCPK:APRO)
Allegiant Professional Business Services Inc is a provider of professional services. It has a market cap of 42.96k as of 2022. The company offers a range of services including accounting, taxation, and financial advisory. It also provides consulting services on mergers and acquisitions, and business strategy.
Summary
Paychex Inc. (Payx) has had an impressive trading day on the stock market, with shares soaring above the competition. Analysts have a largely positive outlook on the company, citing their strong financials, robust cash flow, and diversified portfolio of services. The stock has been trending upwards in recent weeks due to increasing investor confidence, with analysts predicting further gains in the future. With a competitive advantage in the market and a belief that Payx is well-positioned to capitalize on future opportunities, it is an excellent candidate for long-term investment.
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