RBC Capital analyst Ashish Sabadra maintains $Paychex (PAYX.US)$ with a hold rating, and adjusts the target price from $130 to $148.
According to TipRanks data, the analyst has a success rate of 61.6% 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 stabilization in the shares due to the company's 2025 outlook and the absence of significant growth drivers following the fiscal Q1 report.
Investor expectations were set for a modest surpass in fiscal Q1 figures. However, the recent approximate 5% uptick in share price suggests that there were speculations about worsening discount rates or bankruptcies, which seems to not be the current situation. Enhanced confidence in execution by fiscal year 2025 is cited for the raised outlook on the shares.
The company's reported Q1 revenue surpassed conservative estimates, yet they've adjusted their Interest on Funds Held for Clients revenue expectations 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 recedes, potentially leveling off by Q4, and as they move past more challenging comparison periods.
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.
加皇資本市場分析師Ashish Sabadra維持$沛齊 (PAYX.US)$持有評級，並將目標價從130美元上調至148美元。
根據TipRanks數據顯示，該分析師近一年總勝率為61.6%，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：
由於該公司的2025年展望以及第一財季報告發布後缺乏顯著的增長動力，預計股價將趨於穩定。
投資者的預期預計將略高於第一財季的數據。但是，最近股價上漲了約5％，這表明有人猜測貼現率惡化或破產，而目前的情況似乎並非如此。股票前景上升是人們對2025財年的執行信心增強。
該公司公佈的第一季度收入超過了保守的預期，但由於利率下降，他們已根據客戶收入預期調整了持有資金利息。隨着員工留用稅收抵免的影響減弱（可能在第四季度趨於平穩）以及隨着他們度過更具挑戰性的比較期，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。
