Grant Inman - Paychex Independent Director

PAYX Stock  USD 122.52  0.90  0.74%   

Director

Mr. Grant M. Inman is an Independent Director of the Company. Mr. Inman is the founder and General Partner of Inman Investment Management, a private investment company formed in 1998. Mr. Inman is a trustee of the University of California, Berkeley Foundation and is also a director of several private companies. Mr. Inman was the independent lead director for Lam Research Corporation until November 2015. since 1983.
Age 75
Tenure 41 years
Address 911 Panorama Trail South, Rochester, NY, United States, 14625-2396
Phone585 385 6666
Webhttps://www.paychex.com
Inman has a strong background in finance, business, and entrepreneurial experience, and has expertise in investment management. Additionally, Mr. Inman’s 30year tenure on the Board provides him with extensive knowledge of the Company.

Paychex Management Efficiency

The company has return on total asset (ROA) of 0.1135 % which means that it generated a profit of $0.1135 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.4647 %, meaning that it created $0.4647 on every $100 dollars invested by stockholders. Paychex's management efficiency ratios could be used to measure how well Paychex manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is likely to drop to 0.14 in 2024. Return On Capital Employed is likely to drop to 0.33 in 2024. At this time, Paychex's Total Assets are fairly stable compared to the past year. Non Current Assets Total is likely to rise to about 3.6 B in 2024, whereas Other Current Assets are likely to drop slightly above 316.6 M in 2024.
The company currently holds 865.7 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Paychex has a current ratio of 1.26, suggesting that it may have difficulties to pay its financial obligations when due. Debt can assist Paychex until it has trouble settling it off, either with new capital or with free cash flow. So, Paychex's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Paychex sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Paychex to invest in growth at high rates of return. When we think about Paychex's use of debt, we should always consider it together with cash and equity.

Similar Executives

Found 5 records

DIRECTOR Age

Gordon BubKanzhun Ltd ADR
68
Eugene LoyZiprecruiter
N/A
Ronald HallKanzhun Ltd ADR
60
Yu ZhangKanzhun Ltd ADR
46
Carlos EscribanoKanzhun Ltd ADR
33
Paychex, Inc. provides integrated human capital management solutions for human resources , payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company was founded in 1971 and is headquartered in Rochester, New York. Paychex operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. It employs 16000 people. Paychex (PAYX) is traded on NASDAQ Exchange in USA. It is located in 911 Panorama Trail South, Rochester, NY, United States, 14625-2396 and employs 16,000 people. Paychex is listed under Human Resource & Employment Services category by Fama And French industry classification.

Management Performance

Paychex Leadership Team

Elected by the shareholders, the Paychex's board of directors comprises two types of representatives: Paychex inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Paychex. The board's role is to monitor Paychex's management team and ensure that shareholders' interests are well served. Paychex's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Paychex's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dave Wilson, Vice Services
Christopher DeSalvo, VP Operations
Neal Collins, VP Acquisitions
Elizabeth Roaldsen, Senior Experience
David Flaschen, Independent Director
Mark Bottini, Sr. VP of Sales
Stephanie Schaeffer, Corporate Secretary
Terri Allen, Investor Relations
Joseph Doody, Independent Director
Martin Mucci, CEO and President Director and Chairman of Executive Committee
Joseph Velli, Independent Director
Robert Schrader, Vice President Controller
Pamela Joseph, Independent Director
John Gibson, Sr. VP of Service
Laurie Zaucha, Vice President - Human Resources and Organizational Development
Phillip Horsley, Independent Director
BThomas Golisano, Chairman of the Board
Kara Wilson, Director
Frank Fiorille, Compliance Risk
Grant Inman, Independent Director
Christopher Simmons, Controller, VP
Joseph Tucci, Independent Director
Efrain Rivera, CFO, Senior Vice President Treasurer
Michael Gioja, Sr. VP of Information Technology, Product Management and Devel.
LLM JD, VP Officer
Jennifer Vossler, Vice President Controller
Thomas Bonadio, Director
MBA DM, VP CFO

Paychex Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Paychex a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Paychex Investors Sentiment

The influence of Paychex's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Paychex. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Paychex's public news can be used to forecast risks associated with an investment in Paychex. The trend in average sentiment can be used to explain how an investor holding Paychex can time the market purely based on public headlines and social activities around Paychex. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Paychex's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Paychex's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Paychex's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Paychex.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Paychex in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Paychex's short interest history, or implied volatility extrapolated from Paychex options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Paychex using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
When determining whether Paychex offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Paychex's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Paychex Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Paychex Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Paychex. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in manufacturing.
For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.
You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Complementary Tools for Paychex Stock analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Commodity Directory
Find actively traded commodities issued by global exchanges
Stock Screener
Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook.
Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.07
Dividend Share
3.56
Earnings Share
4.58
Revenue Per Share
14.461
Quarterly Revenue Growth
0.042
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine if Paychex is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.