Paychex, Inc. (PAYX)
| Market Cap | 53.36B |
| Revenue (ttm) | 5.44B |
| Net Income (ttm) | 1.74B |
| Shares Out | 360.19M |
| EPS (ttm) | 4.81 |
| PE Ratio | 30.68 |
| Forward PE | 28.25 |
| Dividend | $3.92 (2.66%) |
| Ex-Dividend Date | Feb 7, 2025 |
| Volume | 513,527 |
| Open | 148.82 |
| Previous Close | 149.07 |
| Day's Range | 147.47 - 149.84 |
| 52-Week Range | 115.40 - 158.37 |
| Beta | 0.88 |
| Analysts | Hold |
| Price Target | 141.91 (-4.2%) |
| Earnings Date | Mar 26, 2025 |
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 11 analysts, the average rating for PAYX stock is "Hold." The 12-month stock price forecast is $141.91, which is a decrease of -4.20% from the latest price.
News
Paychex Acquires Paycor in $4.1 Billion Deal
Human capital management (HCM) firm Paychex has announced its acquisition of Paycor HCM, a software company providing HCM, payroll and talent services.
Paychex Completes Acquisition of Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company, today announced the successful completion of its acquisition of ...
Paychex, Inc. Announces Pricing of its Senior Notes
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) today announced the pricing of a public offering of $4.2 billion aggregate principal amount of senior notes, consisting of $1.5 billion a...
Automatic Data Processing Vs. Paychex: Recession Risk Tests Resilience
Automatic Data Processing and Paychex are high-quality payroll and HR service providers with strong client retention, but both face new macroeconomic risks. ADP's global scale, tech investments, and d...
Paychex Small Business Jobs Index Shows Little Change in March and Levels Consistent with Last Several Quarters
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The Paychex Small Business Employment Watch, which includes the Paychex Small Business Jobs Index as a measure of employment growth among ...
Small businesses are expressing optimism and uncertainty, says Paychex CEO
Paychex President and CEO John Gibson joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of small businesses, quarterly revenue and more.
Paychex Analyst Sees Limited Upside Despite Q3 Profitability Surge
RBC Capital Markets analyst Ashish Sabadra on Wednesday reiterated a Sector Perform rating on the shares of Paychex Inc PAYX with a price forecast of $148.00.
Paychex CEO John Gibson goes one-on-one with Jim Cramer
Paychex President and CEO John Gibson joins 'Mad Money' host Jim Cramer to talk quarterly results, the state of small businesses, quarterly revenue and more.
Paychex CEO explains why he doesn't see a recession on the horizon
Paychex CEO John Gibson told CNBC's Jim Cramer on Wednesday why he doesn't think a recession is imminent. Small businesses are optimistic, he said, even though they are concerned about the macroeconom...
Paychex, Inc. (PAYX) Q3 2025 Earnings Call Transcript
Paychex, Inc. (NASDAQ:PAYX) Q3 2025 Results Conference Call March 26, 2025 9:30 AM ET Company Participants Bob Schrader - Chief Financial Officer John Gibson - Chief Executive Officer Conference Call...
Paychex Named Among Fortune's Most Innovative Companies
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, h...
Paychex, Inc. Reports Third Quarter Results
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the "Company," "Paychex," "we," "our," or "us") today reported results for the fiscal quarter ended February 28, 2025 (the "third quarter"). Results co...
Paychex Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Paychex, Inc. PAYX will release its third-quarter financial results before the opening bell on Wednesday, March 26.
Paychex, Inc. Schedules Third Quarter Fiscal 2025 Earnings Conference Call for March 26, 2025
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 third quarter ended February 28, 2025 via Business Wire before the financial markets o...
Ethisphere Names Paychex Among World's Most Ethical Companies® for 17th Time
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll ha...
Final Trades: Pfizer, Paychex and the JEPI
The Investment Committee debates their Final Trades.
U.S. Small Business Employment Remains Stable in February
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, the Small Business Jobs Index, which measures employment growth among U.S. busin...
Paychex Announces Expiration of HSR Waiting Period for Paychex's Acquisition of Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in h...
Job Growth in U.S. Small Businesses Continues the Pace Seen in the Back Half of 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, the pace of job growth in U.S. small businesses with fewer than 50 employees rem...
How To Invest $100,000 In The Ten Cheapest Dow Dividend 100 Stocks
SCHD is the core of this dividend portfolio idea, ranking the best of the top 20 holdings. Stocks must have paid dividends for 10 years, have a market cap of $500M+, and an average daily trading volum...
Paychex Declares Quarterly Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on February 27, 2025 to sharehol...
Pace of U.S. Small Business Job Growth Moderated in 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--Job growth in U.S. small businesses with fewer than 50 employees averaged modest employment growth throughout 2024, according to the Paych...
Apax Funds to Sell Their Majority Stake in Paycor HCM, Inc. to Paychex, Inc.
NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Apax Partners LLP ("Apax") today announced that Paycor HCM, Inc. (Nasdaq: PYCR) ("Paycor"), a leading provider of human capital management ("HCM") software, has...
Paychex to Acquire Competitor Paycor HCM
Payroll-services company Paychex is acquiring rival Paycor HCM in a deal with an enterprise value of about $4.1 billion.
Paychex Enters into Definitive Agreement to Acquire Paycor
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) (“Paychex”), an industry-leading human capital management (HCM) company delivering a full suite of technology and advisory solutions in h...