Paychex Stock Net Income
| PAYX Stock | USD 122.45 0.55 0.45% |
Paychex fundamentals help investors to digest information that contributes to Paychex's financial success or failures. It also enables traders to predict the movement of Paychex Stock. The fundamental analysis module provides a way to measure Paychex's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Paychex stock.
| Last Reported | Projected for Next Year | ||
| Net Income | 1.8 B | 1.9 B | |
| Net Income Applicable To Common Shares | 1.8 B | 1.9 B | |
| Net Income From Continuing Ops | 1.8 B | 950.7 M | |
| Net Income Per Share | 3.89 | 4.08 | |
| Net Income Per E B T | 0.68 | 0.54 |
Paychex | Net Income |
Paychex Company Net Income Analysis
Paychex's Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Current Paychex Net Income | 1.56 B |
Most of Paychex's fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Paychex is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Paychex Net Income Driver Correlations
Understanding the fundamental principles of building solid financial models for Paychex is extremely important. It helps to project a fair market value of Paychex Stock properly, considering its historical fundamentals such as Net Income. Since Paychex's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Paychex's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Paychex's interrelated accounts and indicators.
Paychex Net Income Historical Pattern
Today, most investors in Paychex Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Paychex's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's net income growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Paychex net income as a starting point in their analysis.
Paychex Net Income |
| Timeline |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
| Competition |
Paychex Accumulated Other Comprehensive Income
Accumulated Other Comprehensive Income |
|
Based on the recorded statements, Paychex reported net income of 1.56 B. This is much higher than that of the Professional Services sector and significantly higher than that of the Industrials industry. The net income for all United States stocks is 172.74% lower than that of the firm.
Paychex Net Income Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Paychex's direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Paychex could also be used in its relative valuation, which is a method of valuing Paychex by comparing valuation metrics of similar companies.Paychex is currently under evaluation in net income category among related companies.
Paychex ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Paychex's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Paychex's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Paychex Institutional Holders
Institutional Holdings refers to the ownership stake in Paychex that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Paychex's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Paychex's value.| Shares | Northern Trust Corp | 2023-12-31 | 4.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 3.9 M | Legal & General Group Plc | 2023-12-31 | 3.2 M | Envestnet Asset Management Inc | 2023-12-31 | 2.7 M | Fidelity International Ltd | 2023-12-31 | 2.5 M | Amvescap Plc. | 2023-12-31 | 2.5 M | Select Equity Group Lp | 2023-12-31 | 2.4 M | Royal Bank Of Canada | 2023-12-31 | 2.3 M | First Trust Advisors L.p. | 2023-12-31 | 2.2 M | Vanguard Group Inc | 2023-12-31 | 30.4 M | Blackrock Inc | 2023-12-31 | 28 M |
Paychex Fundamentals
| Return On Equity | 0.46 | ||||
| Return On Asset | 0.11 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.45 % | ||||
| Current Valuation | 43.22 B | ||||
| Shares Outstanding | 359.96 M | ||||
| Shares Owned By Insiders | 10.80 % | ||||
| Shares Owned By Institutions | 76.86 % | ||||
| Number Of Shares Shorted | 11.16 M | ||||
| Price To Earning | 31.04 X | ||||
| Price To Book | 11.82 X | ||||
| Price To Sales | 8.49 X | ||||
| Revenue | 5.01 B | ||||
| Gross Profit | 3.26 B | ||||
| EBITDA | 2.21 B | ||||
| Net Income | 1.56 B | ||||
| Cash And Equivalents | 1.23 B | ||||
| Cash Per Share | 3.41 X | ||||
| Total Debt | 865.7 M | ||||
| Debt To Equity | 0.28 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 10.41 X | ||||
| Cash Flow From Operations | 1.7 B | ||||
| Short Ratio | 6.19 X | ||||
| Earnings Per Share | 4.59 X | ||||
| Price To Earnings To Growth | 3.14 X | ||||
| Target Price | 121.11 | ||||
| Number Of Employees | 16 K | ||||
| Beta | 0.93 | ||||
| Market Capitalization | 44.28 B | ||||
| Total Asset | 10.55 B | ||||
| Retained Earnings | 2.02 B | ||||
| Working Capital | 1.72 B | ||||
| Current Asset | 4.86 B | ||||
| Current Liabilities | 4.37 B | ||||
| Annual Yield | 0.03 % | ||||
| Five Year Return | 2.77 % | ||||
| Net Asset | 10.55 B | ||||
| Last Dividend Paid | 3.56 |
About Paychex Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Paychex's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Paychex using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Paychex based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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
Check out Paychex Piotroski F Score and Paychex Altman Z Score analysis. For more information on how to buy Paychex Stock please use our How to Invest in Paychex guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
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.
| Transaction History View history of all your transactions and understand their impact on performance | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Fundamental Analysis View fundamental data based on most recent published financial statements |
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 4.59 | 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.