After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.
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Stocks Info
This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of Paychex Inc. is $50.64B. A total of 3.1 million shares were traded on the day, compared to an average of 1.76M shares.
In the most recent transaction, DOODY JOSEPH sold 8,641 shares of PAYX for 130.69 per share on Aug 26 ’24. After the transaction, the Director now owns 761 company shares. In a previous transaction on Aug 26 ’24, DOODY JOSEPH bought 8,641 shares at 130.69 per share.
Among the insiders who sold shares, Simmons Christopher C disposed of 2,344 shares on Aug 16 ’24 at a per-share price of $125.34. This resulted in the VP, Controller & Treasurer holding 5,215 shares of PAYX after the transaction. In another insider transaction, Simmons Christopher C bought 2,344 shares at $125.34 per share on Aug 16 ’24.
Dividend
The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Paychex Inc. pays an annual dividend of $3.74, resulting in a dividend yield of 2.66%, and it has a price to earnings (P/E) ratio of 29.99. PAYX’s most recent ex-dividend date was 8/8/2024 when it declared a $0.98 quarterly dividend that was paid in cash on 8/29/2024. Previously, the company paid the dividend on 5/30/2024 with an ex-dividend date of 5/9/2024. The PAYX stock dividend was $0.98 per share in cash.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, PAYX has a high of $141.59 and a low of $106.27.
As of this writing, PAYX has an earnings estimate of $1.14 per share for the current quarter. EPS was calculated based on a consensus of 15.0 estimates, with a high estimate of $1.18 per share and a lower estimate of $1.13. The company reported an EPS of $1.14 in the last quarter
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PAYX’s latest balance sheet shows that the firm has $1.22B in Cash & Short Term Investments as of fiscal 2022. There were $881.20M in debt and $5.27B in liabilities at the time. Its Book Value Per Share was $10.70, while its Total Shareholder’s Equity was $3.09B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PAYX is Buy with a score of 2.72.
