- This Paychex stock analysis is based on Q2 2017 results and forecast for the remainder of fiscal 2017 released December 21, 2016.
- Paychex, Inc. reported total service revenue of $760 Million (7% inc) for Q2 2017 and $1,533.5 Million (8% inc) for 6 months ending November 30, 2016.
- It reported adjusted diluted EPS of $0.56 (8% inc) for Q2 2017 and $1.12 (8% inc) for 6 months ending November 30, 2016.
- While investors have been aptly rewarded over the years, Paychex is expensive with a forward P/E of just under 28.
- Recommend “Hold” if currently long and patience if you’re interested in adding Paychex to your portfolio.
- This Automatic Data Processing stock analysis is based on Q1 2017 results and forecast for the remainder of fiscal 2017 released November 2, 2016.
- ADP has increased its dividend each year for 42 years making the company a dividend aristocrat.
- While ADP has aptly rewarded shareholders over the years it is expensive at current levels.
- I would be prepared to add to my existing ADP holdings if the price drops below $92.
- Brown-Forman is currently undergoing a major transformation. It sold its Southern Comfort and Tuaca trademarks in 2016 and has made some acquisitions in the past couple of years.
- Brown-Forman is a Dividend Aristocrat having increased its dividend for 33 years in a row. It has also paid dividends for 71 years in a row and has occasionally paid special dividends.
- While Brown-Forman certainly has a loyal following from an investment perspective, I suggest that all is not well and a “wait and see” approach is probably wise.
There is a difference between dividend yield on cost versus dividend yield. Dividend yield is a common measurement used by investors seeking investments to generate a dividend income stream. Dividend yield on cost, however, is a fallacy. Continue reading “Dividend Yield on Cost versus Dividend Yield”
On December 5, 1996, Federal Reserve Chairman Alan Greenspan made his famous speech wherein he asked if “Irrational Exuberance” had begun to play a role in the increase of certain asset prices. Looking at Netflix’s current stock valuation I spell Irrational Exuberance: NETFLIX. Continue reading “I Spell Irrational Exuberance: NETFLIX”
Have you come across a company you think might be a worthwhile investment but you don’t know how risky the company is? This is a method I use to quickly determine a company’s risk level. A quick way to ascertain a company’s riskiness
Periodically I read of a hedge fund “hitting it out of the park” and wish I could have been one of the fortunate investors. Lately, however, I have read several articles about wealthy investors and dismal hedge fund results. There are some unhappy investors out there