There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price
Nov 19
Have your own idea? Try our Stock Screener
U.S. HR Services Industry Analysis
UpdatedNov 20, 2024
DataAggregated Company Financials
Companies42
- 7D-4.6%
- 3M12.0%
- 1Y18.2%
- YTDn/a
Over the last 7 days, the HR Services industry has dropped 4.6%, driven by a pullback from Automatic Data Processing of 3.2%. Over the past 12 months, the industry was up 18%. Earnings are forecast to grow by 14% annually.
Industry Valuation and Performance
Has the U.S. HR Services Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | US$246.8b | US$85.7b | US$6.6b | 25.4x | 37.4x | 2.9x |
| Sat, 19 Oct 2024 | US$234.5b | US$81.2b | US$6.2b | 28.6x | 37.8x | 2.9x |
| Mon, 16 Sep 2024 | US$224.6b | US$81.4b | US$6.2b | 25.7x | 36.2x | 2.8x |
| Wed, 14 Aug 2024 | US$208.2b | US$81.4b | US$6.2b | 22.4x | 33.5x | 2.6x |
| Fri, 12 Jul 2024 | US$198.8b | US$86.6b | US$6.6b | 20.7x | 30.3x | 2.3x |
| Sun, 09 Jun 2024 | US$212.4b | US$87.6b | US$6.5b | 21.3x | 32.9x | 2.4x |
| Tue, 07 May 2024 | US$215.9b | US$87.9b | US$6.5b | 23.5x | 33.4x | 2.5x |
| Thu, 04 Apr 2024 | US$219.6b | US$87.5b | US$6.4b | 23.8x | 34.5x | 2.5x |
| Sat, 02 Mar 2024 | US$222.9b | US$87.3b | US$6.4b | 26.6x | 35x | 2.6x |
| Mon, 29 Jan 2024 | US$216.8b | US$87.3b | US$6.4b | 26.7x | 33.7x | 2.5x |
| Wed, 27 Dec 2023 | US$216.1b | US$87.3b | US$6.4b | 27.4x | 33.9x | 2.5x |
| Fri, 24 Nov 2023 | US$210.2b | US$87.2b | US$5.8b | 25.4x | 35.9x | 2.4x |
| Sun, 22 Oct 2023 | US$223.6b | US$92.0b | US$6.2b | 19.7x | 36x | 2.4x |
| Tue, 19 Sep 2023 | US$224.5b | US$88.7b | US$6.5b | 20.3x | 34.6x | 2.5x |
| Thu, 17 Aug 2023 | US$235.8b | US$92.0b | US$6.2b | 20.5x | 38.1x | 2.6x |
| Sat, 15 Jul 2023 | US$233.3b | US$91.8b | US$6.3b | 16.6x | 37x | 2.5x |
| Mon, 12 Jun 2023 | US$216.6b | US$91.8b | US$6.3b | 16.6x | 34.4x | 2.4x |
| Wed, 10 May 2023 | US$206.5b | US$91.8b | US$6.3b | 13.6x | 32.9x | 2.3x |
| Fri, 07 Apr 2023 | US$173.6b | US$87.4b | US$6.0b | 13x | 28.8x | 2x |
| Sun, 05 Mar 2023 | US$49.1b | US$65.3b | US$1.4b | 13.7x | 34.2x | 0.8x |
| Tue, 31 Jan 2023 | US$46.4b | US$64.0b | US$1.9b | 12.8x | 24.3x | 0.7x |
| Thu, 29 Dec 2022 | US$42.7b | US$64.0b | US$2.1b | 11.7x | 20.8x | 0.7x |
| Sat, 26 Nov 2022 | US$46.9b | US$63.7b | US$2.7b | 12x | 17.1x | 0.7x |
| Mon, 24 Oct 2022 | US$42.3b | US$57.6b | US$2.5b | 11x | 17.2x | 0.7x |
| Wed, 21 Sep 2022 | US$42.7b | US$57.8b | US$2.5b | 12.1x | 17.4x | 0.7x |
| Fri, 19 Aug 2022 | US$48.1b | US$57.6b | US$2.5b | 12.2x | 19.5x | 0.8x |
| Sun, 17 Jul 2022 | US$43.7b | US$57.6b | US$2.2b | 11.2x | 19.9x | 0.8x |
| Tue, 14 Jun 2022 | US$43.9b | US$57.7b | US$2.3b | 10.1x | 19.5x | 0.8x |
| Thu, 12 May 2022 | US$52.9b | US$59.0b | US$2.4b | 12.4x | 22.5x | 0.9x |
| Sat, 09 Apr 2022 | US$60.2b | US$56.2b | US$2.3b | 15.5x | 25.9x | 1.1x |
| Mon, 07 Mar 2022 | US$59.3b | US$54.9b | US$4.7b | 14.9x | 12.5x | 1.1x |
| Wed, 02 Feb 2022 | US$66.2b | US$58.4b | US$2.1b | 19.4x | 31.7x | 1.1x |
| Fri, 31 Dec 2021 | US$69.7b | US$57.8b | US$2.0b | 21.2x | 34.9x | 1.2x |
| Sun, 28 Nov 2021 | US$71.3b | US$57.6b | US$2.0b | 19.7x | 36.5x | 1.2x |
Price to Earnings Ratio
36.5x
Current Industry PE
- Investors are optimistic on the American Human Resource and Employment Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 37.4x which is higher than its 3-year average PE of 29.6x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Human Resource and Employment Services industry have grown 50% per year over the last three years.
- Revenues for these companies have grown 14% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does U.S. HR Services compare with similar industries?
| US Market | -1.19% | |
| Industrials | -2.18% | |
| Professional Services | -7.36% | |
| HR Services | -4.58% | |
| Research and Consulting Services | -11.25% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FVRR Fiverr International | US$30.65 | 3.8% +US$39.9m | 33.2% | PE107x | |
| FA First Advantage | US$18.25 | 1.3% +US$39.7m | 20.1% | PE642.3x | |
| MHH Mastech Digital | US$13.30 | 6.1% +US$8.9m | 53.2% | PS0.8x | |
| HSON Hudson Global | US$14.44 | 11.1% +US$3.9m | -4.7% | PS0.3x | |
| STAF Staffing 360 Solutions | US$2.47 | -2.8% US$1.5m | -52.5% | PS0.02x |
