Paychex, Inc. (PAYX)
| Market Cap | 50.24B |
| Revenue (ttm) | 5.37B |
| Net Income (ttm) | 1.72B |
| Shares Out | 360.06M |
| EPS (ttm) | 4.75 |
| PE Ratio | 29.38 |
| Forward PE | 27.13 |
| Dividend | $3.92 (2.81%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 4,717,790 |
| Open | 136.58 |
| Previous Close | 137.81 |
| Day's Range | 136.58 - 140.11 |
| 52-Week Range | 114.72 - 150.71 |
| Beta | 0.99 |
| Analysts | Hold |
| Price Target | 131.62 (-5.68%) |
| Earnings Date | Dec 19, 2024 |
About PAYX
Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including integrated HCM technology solutions and HR advisory ... [Read more]
Financial Performance
In 2024, Paychex's revenue was $5.28 billion, an increase of 5.42% compared to the previous year's $5.01 billion. Earnings were $1.69 billion, an increase of 8.55%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PAYX stock is "Hold." The 12-month stock price forecast is $131.62, which is a decrease of -5.68% from the latest price.
News
Paychex: Payrolling In Profits, But Valuation Could Use A Check
Paychex's Q2 2025 results exceeded expectations, driven by strong growth in PEO and Insurance Solutions, and a focus on AI-driven solutions and HR analytics. Despite a solid outlook for FY 2025, risks...
Paychex, Inc. (PAYX) Q2 2025 Earnings Call Transcript
Paychex, Inc. (NASDAQ:PAYX) Q2 2025 Earnings Conference Call December 19, 2024 9:30 AM ET Company Participants Bob Schrader - CFO John Gibson - President and CEO Conference Call Participants Mark Mar...
Paychex, Inc. Reports Second Quarter Results
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended November 30, 2024 (the "second quarter"). Results c...
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3 of the Best Companies to Own in 2025 and Beyond
#Morningstar #BestStockstoInvestIn #StockInvesting These companies have durable competitive advantages and generate reliable cash flows. 00:00 Introduction 00:46 Danaher DHR 01:36 Paychex PAYX 02:17 ...
Paychex Identifies Top Regulatory Issues for SMBs to Watch in 2025
ROCHESTER, N.Y.--(BUSINESS WIRE)-- #smallbusiness--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance service...
Paychex, Inc. Schedules Second Quarter Fiscal 2025 Earnings Conference Call for December 19, 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 second quarter ended November 30, 2024. Paychex will deliver results via Business Wire...
U.S. Small Business Job Growth Rate Remained Steady in November
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, small business job growth across the U.S. remained relatively consistent in Nove...
Paychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #AI--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, ...
New Paychex Solution Gives Small Businesses Access to Capital
ROCHESTER, N.Y.--(BUSINESS WIRE)-- #FundingSolutions--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance serv...
4-Factor Dividend Growth Portfolio: FY3 Rebalance And 21.57% Long-Term CAGR
The 4-factor dividend growth portfolio is a strategy that leverages the stock selection process of Schwab U.S. Dividend Equity ETF with a few minor twists. The portfolio finished FY2 on October 31, 20...
Small Businesses Continue to Show Moderate Job Growth in October
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The Paychex Small Business Employment Watch reported a national index level of 100.06 for small business job growth in the month of Octobe...
Paychex Named a Leader in Payroll Services by NelsonHall for Eighth Time
ROCHESTER, N.Y.--(BUSINESS WIRE)-- #HRTech--Global analyst and research firm NelsonHall has once again recognized Paychex, Inc., a leading provider of integrated human capital management software solu...
Paychex Declares Quarterly Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on November 27, 2024 to sh...
Why Investors Are Eyeing Paychex Inc (PAYX): The Key Drivers of Market Outperformance and
Paychex Inc (PAYX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current s...
High Quality Dividend Stock Universe: Paychex - Show Me The Money
Paychex Inc. has an impressive history with a CAGR of 19% since inception. The company has predictable revenue growth, strong gross profit margins, and an improving ROIC. Paychex pays a quarterly divi...
Paychex Q1: Did Not Put Me Over The Fence
Paychex's Q1 earnings showed slight revenue and EPS growth, but not enough to change my hold rating due to the lack of significant catalysts. The expiration of the ERTC program impacted revenue growth...
Paychex Stock Climbed To a Record High Today—Here's Why
Shares of Paychex (PAYX) sailed to an all-time high Tuesday when the human resources services provider posted better-than-anticipated results while reporting that it expanded its client base.
Job Growth Moderates Slightly for U.S. Small Businesses in September
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch for September, which reflects U.S. small businesses with fewer than 50 employees,...
Paychex, Inc. (PAYX) Q1 2025 Earnings Call Transcript
Paychex, Inc. (NASDAQ:PAYX) Q1 2025 Earnings Conference Call October 1, 2024 9:30 AM ET Company Participants Bob Schrader - Chief Financial Officer John Gibson - President and Chief Executive Officer...
Paychex, Inc. Reports Solid First Quarter Results
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended August 31, 2024 (the "first quarter"). Results comp...
Paychex Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Paychex, Inc. PAYX will release earnings results for its first quarter, before the opening bell on Tuesday, Oct. 1.
Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #AI--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, ...
Paychex, Inc. Schedules First Quarter Fiscal 2025 Earnings Conference Call for October 1, 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 first quarter ended August 31, 2024. Paychex will deliver results via Business Wire be...
Paychex: Steady But Unspectacular Returns Likely
Paychex has a great business foundation with industry-leading margins, low capital requirements and a product with high switching costs. Revenue growth in the mid-to-high single digits seems sustainab...