Citi analyst Peter Christiansen maintains $Paychex (PAYX.US)$ with a hold rating, and maintains the target price at $145.
According to TipRanks data, the analyst has a success rate of 57.3% and a total average return of 4.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Paychex (PAYX.US)$'s main analysts recently are as follows:
The expectation is that there may be a 'pause' in the performance of Paychex shares in light of the company's outlook for 2025 and the absence of catalysts following the fiscal Q1 report.
Investors were anticipating a modest outperformance for Paychex's fiscal Q1, yet the significant share price increase suggests there were concerns about potential worsening discount rates or bankruptcies, which currently appears unfounded. Improved confidence in the company's execution by FY25 is noted.
The company outperformed revenue expectations in Q1 based on a conservative forecast and has adjusted its Interest on Funds Held for Clients revenue outlook due to falling interest rates. Growth is anticipated to enhance in the latter half of FY25, as the impact of the Employee Retention Tax Credit diminishes and comparison metrics become more favorable.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
花旗分析師Peter Christiansen維持$沛齊 (PAYX.US)$持有評級，維持目標價145美元。
根據TipRanks數據顯示，該分析師近一年總勝率為57.3%，總平均回報率為4.5%。
此外，綜合報道，$沛齊 (PAYX.US)$近期主要分析師觀點如下：
鑑於Paychex對2025年的展望以及第一財季報告發布後缺乏催化劑，預計該公司的股票表現可能會出現 「暫停」。
投資者原本預計Paychex第一財季的表現將略有跑贏大盤，但股價的大幅上漲表明，人們擔心貼現率可能惡化或破產，目前看來這是沒有根據的。人們注意到，到25財年，人們對公司執行的信心有所提高。
根據保守的預測，該公司在第一季度的收入表現超過了預期，由於利率下降，該公司調整了其客戶持有資金利息收入展望。隨着員工留用稅收抵免的影響減弱以及比較指標變得更加有利，預計25財年下半年的增長將得到加強。
提示:
TipRanks為獨立第三方，提供金融分析師的分析數據，並計算分析師推薦的平均回報率和勝率。提供的信息並非投資建議，僅供参考。本文不對評級數據和報告的完整性與準確性做出認可、聲明或保證。
TipRanks提供每位分析師的星級，分析師星級代表分析師所有推薦的過往表現，通過分析師的總勝率和平均回報率综合計算得出，星星越多，則該分析師過往表現越優異，最高爲5颗星。
分析師總勝率為近一年分析師的評級成功次數占總評級次數的比率。評级的成功與否，取決於TipRanks的虚擬投資組合是否從該股票中產生正回報。
總平均回報率為基於分析師的初始評級創建虚擬投資組合，並根據評級變化對組合進行調整，在近一年中該投資組合所獲得的回報率。
