Stifel analyst David Grossman maintains $Paychex (PAYX.US)$ with a hold rating, and adjusts the target price from $130 to $141.
According to TipRanks data, the analyst has a success rate of 56.9% 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:
Investors were seemingly expecting a modest surpass of fiscal Q1 expectations. However, the approximately 5% increase in share price suggests that there was an anticipation of worsening discounting or bankruptcies, which doesn't appear to be occurring at the moment. Improved confidence in execution through FY25 is cited as the basis for a more optimistic view on the shares.
Following the company's report on fiscal Q1 results and providing FY25 guidance that matched expectations, it has been noted that the company is perceived as a consistently stable entity with high-single digit EPS growth potential in most markets, accompanied by a dividend yield ranging between 2.5% to 3.0%. The assessment suggests that the company's current valuation is deemed fair.
The company witnessed a modest revenue outperformance, primarily due to the success of the Management Solutions segment, and maintained tight control over selling, general, and administrative (SG&A) expenses, which contributed to the earnings per share exceeding expectations by 2 cents. However, for the stock to experience an uptick from its present valuation, the company would need to perform near the upper end of its forecast range in FY25.
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.
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斯迪富分析师David Grossman维持$沛齐 (PAYX.US)$持有评级，并将目标价从130美元上调至141美元。
根据TipRanks数据显示，该分析师近一年总胜率为56.9%，总平均回报率为6.2%。
此外，综合报道，$沛齐 (PAYX.US)$近期主要分析师观点如下：
投资者似乎预计第一财季度的预期将略高于预期。但是，股价上涨了约5％，这表明人们预计折扣或破产情况会恶化，而这种情况目前似乎并未发生。人们认为，到25财年执行信心有所提高，这是对股票持更乐观看法的基础。
在该公司发布了第一财季业绩报告并提供了符合预期的25财年指导之后，有人指出，该公司被视为一个持续稳定的实体，在大多数市场中具有较高的个位数每股增长潜力，股息收益率在2.5％至3.0％之间。评估表明，该公司目前的估值被认为是公平的。
该公司的收入略有跑赢大盘，这主要归因于管理解决方案板块的成功，并严格控制了销售、一般和管理（SG&A）支出，这导致每股收益超出预期2美分。但是，要使该股从目前的估值上涨，该公司需要在25财年的表现接近其预测区间的上限。
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TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
