PAYX

Paychex Inc

Industrials · Services-Engineering, Accounting, Research, Management
$92.66+0.19% today
AI Take · AlgoThesis

Paychex trades at a 20.16 P/E despite sitting just 6.36% short of float—remarkably low short interest for a $30.7B cap. The RSI of 52.6 signals neutral momentum with room to run in either direction, while the stock's distance from its 52-week high suggests it hasn't fully participated in any recent rally. The valuation appears reasonable for a defensive payroll-processing name, though the thin short squeeze risk and moderate multiples imply the market has priced in steady-state growth rather than inflection. This setup looks measured rather than compelling in either direction.

Snapshot

Market cap
$30.7B
P/E
20.2
Forward P/E
15.9
EPS (TTM)
$4.54
Dividend yield
5.15%
Net margin
25.8%
ROE
40.9%
RSI (14)
53
Beta
0.38
Short % of float
6.4%
Days to cover
4.6
52w high
No

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PAYX — Paychex Inc · 6.4% short · P/E 20.2 · AlgoThesis