Schaeffer Stephanie L, CLO, Secretary, subtracted 14,893 shares of Paychex, Inc. (PAYX) from its portfolio at the rate of $86.76 per share valuing $1,292,117 on May 16. The insider left behind 48,146 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Paychex, Inc. (PAYX) was $82.29. Currently, the 1st Resistance Point for this stock is $82.55, with a 2nd Resistance Point sitting at $82.82. Meanwhile, this company’s stock has a 1st Support Level at $81.81 and a 2nd Support Level at $81.34. Paychex, Inc. (PAYX) stock has lost -$4.23, or -4.89%, in the past five days. In the last full month, these shares have lost -$3.88, or -4.50%. In the past three months, this stock’s price has risen by $3.24, or 4.10%. This year-to-date, Paychex, Inc. (PAYX) shares have gained $17.14, or 26.31%.
Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Paychex, Inc. (PAYX) stock, 60% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, 50% of medium-term indicators point to this stock being a “ Sell .” Looking further ahead, 67% of long-term indicators suggest that this stock is a “ Buy .”
With 359,091 K shares outstanding, this company currently has a market capitalization of $29,549,600K. Paychex, Inc. (PAYX) generates $3,381 M in annual sales, amounting to annual net income of $933,700 K. This stock has generated a 1-Year Total Return of 21.09%, a 3-Year Total Return of 38.44%, and a 5-year Total Return of 98.05%. This stock’s 5-Year Dividend Growth is 57.25%, with its most recent dividend valued at $0.620 per share on 05/14/19. Its Annual Dividend Yield is 3.01%, and its Annual Dividend Rate is 2.48.
In the most recently-reported fiscal quarter, which ended in May-19, Paychex, Inc. (PAYX) reported earnings of $0.63 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.64 per share, representing a -0.01 difference and 2.30% surprise. In the previous quarter ending in Feb-19, the reported earnings of $0.89 represented a 0.01 difference from the consensus estimate calling for $0.88 per share, which was a 1.04% surprise.
For the current fiscal quarter, which is set to end in 08/2019, the average earnings estimate is $0.69 per share. This estimate came from a total of 9 Wall Street Analysts. Of those market experts, the high estimate was $0.72 and the low estimate was $0.68. In the year-ago quarter, Paychex, Inc. (PAYX) generated per-share earnings of $0.67. If the analysts are correct about the current quarter’s earnings, the growth will be +2.99%.
Turning our focus now to insider trading activity, there have been 14 purchases (141,377 shares in total) and 15 sale (137,617 shares in total) in the last 3 months. In the last 6 months, there have been 20 insider buys amounting to 279,621 shares and 22 insider sales amounting to 276,587 shares. In the past full year, 59 insider purchases were made (involving 678,851 shares) and 56 insider sell-offs equivalent to 690,927 shares.
Moving onto liquidity, Paychex, Inc. (PAYX) has a Current Ratio of 1.17 and a Cash Ratio of 0.16. Looking at this company’s capital structure, its Total Debt to Total Equity is 30.40, its Total Debt to Total Capital is 23.31, and its Total Debt to Total Assets is now 9.17. Looking even further ahead into the future, its Long-Term Debt to Equity is 30.40 and its Long-Term Debt to Total Capital is 23.31.