Paychex, Inc. (PAYX)
| Market Cap | 42.90B |
| Revenue (ttm) | 4.21B |
| Net Income (ttm) | 1.22B |
| Shares Out | 360.10M |
| EPS (ttm) | 3.36 |
| PE Ratio | 35.46 |
| Forward PE | 33.90 |
| Dividend | $2.56 (2.15%) |
| Ex-Dividend Date | Jul 30, 2021 |
| Volume | 1,778,929 |
| Open | 118.93 |
| Previous Close | 118.75 |
| Day's Range | 118.56 - 119.48 |
| 52-Week Range | 77.51 - 119.48 |
| Beta | 0.89 |
| Analysts | Hold |
| Price Target | 116.71 (-2.0%) |
| Est. Earnings Date | n/a |
About PAYX
Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States and Europe. The company offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing,...
Financial Performance
In 2021, Paychex's revenue was $4.06 billion, an increase of 0.40% compared to the previous year's $4.04 billion. Earnings were $1.10 billion, a decrease of -0.05%.
Financial StatementsAnalyst Forecast
According to 22 analysts, the average rating for Paychex stock is "Hold." The 12-month stock price forecast is 116.71, which is a decrease of -2.05% from the latest price.
News
Paychex Declares Quarterly Dividend
ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. (NASDAQ‑PAYX) declared a regular quarterly dividend of $.66 per share payable November 29, 2021 to shareholders of record ...
Paychex Acquires Benefits Administration Software Company, Flock
ROCHESTER, N.Y., Oct. 6, 2021 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance services, ...
Paychex CEO expects more sidelined Americans to rejoin workforce in coming months
In a "Mad Money" interview, Paychex President and CEO Martin Mucci explained why he expects more Americans to rejoin the workforce in the coming months.
Paychex: Q1 Earnings Insights
Paychex(NASDAQ:PAYX) stock rose by 2.4% on Friday after the company reported its Q1 earnings results on Thursday, September 30, 2021 at 08:30 AM. Here's what investors need to know about the announcement.
Stock Indexes Mark Another Bearish Close; Bill.com, MongoDB, Paychex Show Strength
Stock indexes mark another bearish close; Bill.com, MongoDB, Paychex show strength. Investor's Business Daily has been helping people invest smarter results by providing exclusive stock lists, investing...
These 2 Nasdaq Stocks Made Big Moves Thursday
One rose, another plunged.
Paychex (PAYX) Q1 Earnings & Revenues Beat Estimates, Ups View
Paychex's (PAYX) first-quarter fiscal 2022 earnings and revenues improve on a year-over-year basis.
Paychex Shares Gain After Raising FY22 Outlook Above Consensus
Paychex Inc (NASDAQ: PAYX) reported first-quarter FY22 revenue growth of 16% year-on-year to $1.08 billion, beating the consensus of $1.04 billion. Total service revenue grew 16% Y/Y to $1.07 billion.
Paychex (PAYX) Q1 Earnings and Revenues Top Estimates
Paychex (PAYX) delivered earnings and revenue surprises of 9.88% and 3.92%, respectively, for the quarter ended August 2021. Do the numbers hold clues to what lies ahead for the stock?
Paychex, Inc. Reports First Quarter Results: Revenue Grew 16% and Diluted Earnings Per Share Grew 56%; Company Raises...
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) today announced the following results for the quarter ended August 31, 2021 (the “first quarter”), as com...
Expecting Gains In Paychex Stock Ahead Of Earnings?
In August, the overall unemployment rate sequentially declined by just 0.2% to 5.2%. As new infections surged, unemployment figures in the leisure and hospitality sector remain fairly stable with a decl...
Paychex (PAYX) Set to Report Q1 Earnings: What to Expect?
Paychex's (PAYX) first-quarter fiscal 2022 earnings and revenues are likely to have increased year over year.
Paychex (PAYX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Paychex (PAYX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Paychex Fall '21 Product Launch Helps Businesses Navigate New Employment Landscape
ROCHESTER, N.Y., Sept. 22, 2021 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management (HCM) software solutions for human resources, payroll, benefits, and insurance se...
Paychex, Inc. Schedules First Quarter Fiscal 2022 Earnings Conference Call for September 30, 2021
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq:PAYX) will release financial results for its fiscal 2022 first quarter ended August 31, 2021. Paychex will deliver results via Business Wire befor...
Paychex Pre-Check Earns HR Executive Magazine's Top HR Product of the Year Award
ROCHESTER, N.Y., Sept. 14, 2021 /PRNewswire/ -- Paychex, Inc., the human capital management (HCM) software and services company that provides the power of simplicity for increasingly complex workplaces,...
Paychex Wins the Gold Human Capital Management Excellence Award from Brandon Hall Group
ROCHESTER, N.Y., Sept. 10, 2021 /PRNewswire/ -- Paychex, Inc., the human capital management (HCM) software and services company that provides the power of simplicity for increasingly complex workplaces,...
Should You Book Profits In Paychex Stock?
After reaching the highs of $118 in the past month, Paychex stock has been trending downward. The stock rallied after the announcement of annual results in June, as strong FY2021 performance coupled wit...
New Research Reveals COVID-19 Delta Variant is Causing Rising Concerns Among Employees with In-Person Work
ROCHESTER, N.Y., Sept. 7, 2021 /PRNewswire/ -- New research from Paychex, Inc., the HR software and services company that provides the power of simplicity for increasingly complex workplaces, reveals th...
Small Business Job Growth Continues to Accelerate in August
ROCHESTER, N.Y., Aug. 31, 2021 /PRNewswire/ -- National job growth continued to rise significantly in August, according to aggregated payroll data of approximately 350,000 clients provided by Paychex.
Stocks climb higher; PayChex CEO on the labor market amid COVID-19; Salesforce tops Q2 expectations
HSBC Private Banking and Wealth Management Chief Investment Officer Willem Sels joins Yahoo Finance to discuss the possible effects of the Delta variant and Chinese regulations on the equity market and ...
The biggest challenges for businesses is finding and retaining employees: PayChex CEO
Paychex CEO, Marty Mucci, joins Yahoo Finance's Brian Sozzi and Julie Hyman to discuss the continued growth experienced in the job market, challenges facing employers, and how the pandemic will continue...
PayChex CEO on future of FinTech and buy now, pay later
PayChex launched in 1971 and went public in 1983. Martin Mucci, PayChex president and CEO, joins 'TechCheck' to discuss the 50 years of FinTech, how the company stays relevant and competitive, and how h...
JLL Names Efrain Rivera to its Board of Directors
CHICAGO, Aug. 23, 2021 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) today announced the appointment of Efrain Rivera as an independent, non-executive member of its Board of Directors effe...