Paychex (PAYX) to Release Earnings on Tuesday
Paychex (NASDAQ:PAYX) is scheduled to post its Q414 quarterly earnings results on Tuesday, July 1st. Analysts expect Paychex to post earnings of $0.40 per share and revenue of $617.35 million for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.
Shares of Paychex (NASDAQ:PAYX) opened at 41.21 on Monday. Paychex has a 52-week low of $36.32 and a 52-week high of $45.95. The stock’s 50-day moving average is $41.06 and its 200-day moving average is $42.0. The company has a market cap of $14.990 billion and a price-to-earnings ratio of 25.00. Paychex also saw a significant growth in short interest in June. As of June 13th, there was short interest totalling 17,181,235 shares, a growth of 11.8% from the May 30th total of 15,363,470 shares. Based on an average daily trading volume, of 1,579,637 shares, the days-to-cover ratio is currently 10.9 days. Approximately 5.3% of the shares of the company are sold short.
Paychex, Inc is a provider of payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.