Earnings Forecast Research on Paychex, Inc. (PAYX)

Paychex, Inc. has received $0.54 as the consensus Earnings Estimate for the Quarter ending on Feb 2017 ,According to the estimate provided by 15 Financial Advisor in the Stock Trading Firms. Among 15 Analysts, Bottom line EPS Estimate for the current quarter is $0.53 while the top line estimate is $0.55 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at 7.6%.

Paychex, Inc. reported better than expected with a surprise EPS of 1.82% or $0.01 during its most recent quarterly earnings. The Actual EPS was $0.56 compared to the Estimated EPS of $0.55. Rochester based Paychex, Inc. Last reported the Quarter results on Nov 30, 2016 and the Next earnings date is scheduled to be released on Mar 29, 2017.

Paychex, Inc. has a Price to Earnings ratio of 28.28 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 12.02. For the Most Recent Fiscal Year, Paychex, Inc. has a price to cash ratio of 23.11. For the Trailing twelve month period, company showed a Net Profit Margin of 25.4% and Return on Equity of the stock is 41%.

In the last quarter, Paychex, Inc. reported Annual Earnings of $0.56. Based on the filings, last years Annual Earnings was, $2.09. In the last Quarter, PAYX reported a surprise Earnings per Share of 1.82% . The consensus estimate for current quarter is $0.54 and for the current fiscal year, the estimate is $2.24. For the Next fiscal year, the estimate is $2.4 based on the consensus.

Paychex, Inc. (NASDAQ:PAYX) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.52 points or 0.86% at $60.29 with 1,684,077 shares getting traded. Post opening the session at $60.45, the shares hit an intraday low of $60.0907 and an intraday high of $60.76 and the price was in this range throughout the day. The company has a market cap of $21,635 million and the number of outstanding shares has been calculated to be 358,843,180 shares. The 52-week high of Paychex, Inc. (NASDAQ:PAYX) is $62.18 and the 52-week low is $45.83.

Paychex, Inc. is a national provider of payroll, human resource, and employee benefit outsourcing solutions for small-to medium-sized businesses. The company has two reportable business segments: Payroll and Human Resource Services and Professional Employer Organization. Paychexs Payroll segment is a national payroll processing and payroll tax preparation service provided to small-to medium-sized business. The Professional Employer Organization segment provides human resource products and services.


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