UBS analyst Kevin Mcveigh maintains $Paychex (PAYX.US)$ with a hold rating, and adjusts the target price from $125 to $142.
According to TipRanks data, the analyst has a success rate of 58.5% and a total average return of 6.2% 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 for a 'pause' in the performance of Paychex shares, considering the company's outlook for 2025 and the absence of catalysts following the fiscal Q1 report.
Investors may have anticipated a modest outperformance for Paychex's fiscal Q1, but the recent approximate 5% increase in share price suggests that there were concerns about potential worsening discounting or bankruptcies, which seem unfounded at present. Improved confidence in the company's execution by FY25 underpins a more positive outlook on the shares.
Paychex reported a Q1 revenue beat against a conservative guide and revised its Interest on Funds Held for Clients revenue outlook in light of falling interest rates. Growth is anticipated to enhance in the latter half of FY25 with the reduction of ERTC - Employee Retention Tax Credit - headwinds, which are expected to diminish by Q4, and as comparisons become more favorable.
Note:
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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.
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瑞士銀行分析師Kevin Mcveigh維持$沛齊 (PAYX.US)$持有評級,並將目標價從125美元上調至142美元。
根據TipRanks數據顯示,該分析師近一年總勝率為58.5%,總平均回報率為6.2%。
此外,綜合報道,$沛齊 (PAYX.US)$近期主要分析師觀點如下:
考慮到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Paychex股票的表現 「暫停」。
投資者可能預計Paychex第一財季的表現將略有跑贏大盤,但最近股價上漲了約5%,這表明人們擔心折扣或破產可能惡化,這在目前看來似乎沒有根據。到25財年,人們對公司執行的信心增強,這爲股價前景更加樂觀提供了支持。
Paychex報告稱,第一季度收入超過了保守的指導方針,並在利率下降的情況下修訂了其客戶持有資金利息收入展望。隨着ERTC(員工留用稅收抵免)的減少,預計在25財年下半年增長將加強,這種不利因素預計將在第四季度減弱,而且比較變得更加有利。
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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。