PAYX vs. SQ, FIS, PLTR, CPRT, VRSK, IT, NU, SPOT, RSG, and EFX
Should you be buying Paychex stock or one of its competitors? The main competitors of Paychex include Block (SQ), Fidelity National Information Services (FIS), Palantir Technologies (PLTR), Copart (CPRT), Verisk Analytics (VRSK), Gartner (IT), NU (NU), Spotify Technology (SPOT), Republic Services (RSG), and Equifax (EFX). These companies are all part of the "business services" sector.
Block (NYSE:SQ) and Paychex (NASDAQ:PAYX) are both large-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their valuation, community ranking, dividends, risk, media sentiment, institutional ownership, earnings, profitability and analyst recommendations.
In the previous week, Block had 10 more articles in the media than Paychex. MarketBeat recorded 20 mentions for Block and 10 mentions for Paychex. Block's average media sentiment score of 1.18 beat Paychex's score of 0.19 indicating that Paychex is being referred to more favorably in the news media.
Block presently has a consensus target price of $87.59, suggesting a potential upside of 32.56%. Paychex has a consensus target price of $123.00, suggesting a potential upside of 2.27%. Given Paychex's stronger consensus rating and higher probable upside, equities analysts plainly believe Block is more favorable than Paychex.
70.4% of Block shares are held by institutional investors. Comparatively, 83.5% of Paychex shares are held by institutional investors. 10.5% of Block shares are held by company insiders. Comparatively, 11.5% of Paychex shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Paychex has lower revenue, but higher earnings than Block. Paychex is trading at a lower price-to-earnings ratio than Block, indicating that it is currently the more affordable of the two stocks.
Block received 1076 more outperform votes than Paychex when rated by MarketBeat users. Likewise, 69.52% of users gave Block an outperform vote while only 42.56% of users gave Paychex an outperform vote.
Paychex has a net margin of 31.86% compared to Paychex's net margin of 2.18%. Block's return on equity of 46.14% beat Paychex's return on equity.
Block has a beta of 2.57, meaning that its stock price is 157% more volatile than the S&P 500. Comparatively, Paychex has a beta of 0.93, meaning that its stock price is 7% less volatile than the S&P 500.
Summary
Block and Paychex tied by winning 9 of the 18 factors compared between the two stocks.
Get Paychex News Delivered to You Automatically
Sign up to receive the latest news and ratings for PAYX and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding PAYX and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Related Companies and Tools
