Has The Recent Share Price Slide Created An Opportunity In Paychex (PAYX)?
- Wondering if Paychex is starting to look like good value after a rough patch, or if the market is signaling something you should not ignore?
- The stock closed at US$106.63, with a 4.1% decline over 7 days, 6.9% decline over 30 days, 1.8% decline year to date, 24.7% decline over 1 year, 3.3% gain over 3 years, and 39.6% gain over 5 years. Together, these figures provide a mixed picture of recent and longer term performance.
- Recent discussion around Paychex has focused on how its share price has reset over the last year, with some investors reassessing what they are willing to pay for the business. That context matters if you are trying to work out whether the current level reflects an overreaction or a more measured view of the company.
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