Paychex Inc. (NASDAQ: PAYX) has reported E.P.S. of $1.15 for its second fiscal quarter (ending November 30) versus $1.09 for the same period a year ago — an increase of 6%. E.P.S. were $4.79 for the latest four quarters through November 30 versus $4.52 for the same period a year ago — an increase of 6%.
Recent Price Action
On 12/19/24, Paychex Inc. (NASDAQ: PAYX) stock increased 1.4%, closing at $137.81. Moreover, trading volume in this advance was exceptionally high at 243% of normal. Relative to the market the stock has been strong over the last nine months but has declined -2.4% during the last week.
Current PriceTarget Research Rating
Paychex has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Paychex has a poor Appreciation Score of 22 but a good Power Rating of 75, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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