NasdaqGS:PAYXProfessional Services
Is Paychex a Value Opportunity After a 17% Slide Despite Solid Cash Flows?
If you have been wondering whether Paychex at around $115 a share is quietly turning into a value opportunity or just a value trap, this breakdown is for you.
The stock has bounced about 3% over the last week and month, but is still down roughly 17% year to date and 16% over the last year, despite delivering positive returns over the last 3 and 5 years.
Recently, investors have been digesting a steady stream of updates around payroll and HR demand as US employment trends normalize and small...