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The unwavering pursuit of stocks to make you a millionaire is both exhilarating and challenging. Identifying these superstar stocks requires a keen eye for spotting trends, understanding key financial metrics and being patient.
Investors with an interest in Outsourcing stocks have likely encountered both Barrett Business Services (BBSI) and Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Paychex remains an interesting dividend growth stock from my perspective. The company's revenue and adjusted diluted EPS climbed higher in its fiscal Q3. PAYX held over $900 million in net cash/investments as of the fiscal third quarter.
Investors looking for stocks in the Outsourcing sector might want to consider either Barrett Business Services (BBSI) or Paychex (PAYX). But which of these two companies is the best option for those looking for undervalued stocks?
Jefferies has slapped a hold rating on Paychex Inc (NASDAQ:PAYX) stock after the human resources group reported a third-quarter revenue shortfall and downbeat forecast. Paychex's revenues fell short of expectations mainly due to lower Employee Retention Tax Credit (ERTC) claims, softer hiring trends, and greater discounting than anticipated.
Paychex's (PAYX) third-quarter fiscal 2024 revenues rise y/y due to improved segmental performances.
Paychex, Inc.'s NASDAQ: PAYX stock price is falling into a buying opportunity that retirement-oriented income investors should heed. The only trouble with the Q3 results and guidance is that they failed to exceed expectations, and the stock valuation was high.
Although the revenue and EPS for Paychex (PAYX) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Paychex (PAYX) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.29 per share a year ago.