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:
The expectation is for a 'pause' in the movement of Paychex shares, considering the company's outlook for 2025 and the absence of catalysts following the fiscal Q1 report.
Investors anticipated a modest outperformance for Paychex's fiscal Q1, yet the approximately 5% increase in share price suggests some expected worsening discount rates or bankruptcies, which does not appear to be the current situation. The enhanced price outlook reflects a heightened confidence in the execution towards FY25.
The company outperformed revenue expectations in Q1 against a cautious forecast and revised its Interest on Funds Held for Clients revenue outlook due to falling interest rates. It is anticipated that growth will see enhancement in the latter half of FY25 as the impact of the Employee Retention Tax Credit begins to diminish by the fourth quarter and comparative 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.
斯迪富分析師David Grossman維持$沛齊 (PAYX.US)$持有評級，並將目標價從130美元上調至141美元。
根據TipRanks數據顯示，該分析師近一年總勝率為56.9%，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的股票走勢 「暫停」。
投資者預計Paychex第一財季的表現將略有跑贏大盤，但股價上漲約5％，這表明一些人預計貼現率會惡化或破產，而目前的情況似乎並非如此。價格前景的改善反映了人們對25財年執行的信心增強。
該公司在第一季度的表現超過了謹慎的預期，並因利率下降而修訂了其爲客戶持有的資金的利息收入展望。隨着員工留用稅收抵免的影響在第四季度開始減弱，比較指標變得更加有利，預計增長將在25財年下半年得到加強。
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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。
