Paychex
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Paychex's revenues will grow 5.0% and EPS will expand 5.1%.
The average estimate for revenue is $573.1 million. On the bottom line, the average EPS estimate is $0.41.
Revenue details
Last quarter, Paychex logged revenue of $578.2 million. GAAP reported sales were 2.7% higher than the prior-year quarter's $563.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $0.42. GAAP EPS of $0.42 for Q1 were 2.4% higher than the prior-year quarter's $0.41 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 71.6%, 70 basis points better than the prior-year quarter. Operating margin was 41.2%, 40 basis points better than the prior-year quarter. Net margin was 26.5%, 10 basis points better than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $2.33 billion. The average EPS estimate is $1.60.
Investor sentiment
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 1,475 members out of 1,546 rating the stock outperform, and 71 members rating it underperform. Among 555 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 540 give Paychex a green thumbs-up, and 15 give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Paychex is hold, with an average price target of $32.42.
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