Paychex Earnings Estimate

PAYX
 Stock
  

USD 120.16  0.28  0.23%   

Many public companies, such as Paychex, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Paychex's earnings estimates, investors can diagnose different trends across Paychex's analyst sentiment over time as well as compare current estimates against different timeframes.
Paychex is projected to generate 3.63 in earnings per share on the 31st of December 2022. Paychex earnings estimates module stress-tests analyst consensus about projected Paychex EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Please check Your Equity Center.
  
Gross Profit is likely to drop to about 2.7 B in 2022. Profit Margin is likely to drop to 26.85 in 2022

Paychex Earnings Estimation Breakdown

Calculation of earning per share of Paychex is based on official Zacks consensus of 9 analysts regarding Paychex future annual earnings. Given the historical accuracy of 91.46%, the future earnings per share of Paychex is estimated to be 3.63 with the lowest and highest values of 3.61 and 3.68, respectively. Please note that this consensus of annual earnings estimates for Paychex is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 3.97
3.61
Lowest
Expected EPS 3.63
3.68
Highest

Paychex Earnings Projection Consensus

Suppose the current estimates of Paychex's value are higher than the current market price of the Paychex stock. In this case, investors may conclude that Paychex is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Paychex's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

9

91.46%

3.97

3.63

Paychex Earnings per Share Projection vs Actual

Actual Earning per Share of Paychex refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Paychex predict the company's earnings will be in the future. The higher the earnings per share of Paychex, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Paychex Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Paychex, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Paychex should always be considered in relation to other companies to make a more educated investment decision.

About Paychex Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Paychex earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Paychex estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Paychex fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Paychex without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Your Equity Center. You can also try Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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Is Paychex's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Paychex. If investors know Paychex will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Paychex listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Paychex is measured differently than its book value, which is the value of Paychex that is recorded on the company's balance sheet. Investors also form their own opinion of Paychex's value that differs from its market value or its book value, called intrinsic value, which is Paychex's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Paychex's market value can be influenced by many factors that don't directly affect Paychex's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Paychex's value and its price as these two are different measures arrived at by different means. Investors typically determine Paychex value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Paychex's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.