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Paychex, Inc. (PAYX)

NASDAQ: PAYX · IEX Real-Time Price · USD
119.07
-0.08 (-0.07%)
After-hours:Oct 15, 2021 7:06 PM EDT
119.15
0.40 (0.34%)
At close: Oct 15, 4:00 PM
Market Cap42.90B
Revenue (ttm)4.21B
Net Income (ttm)1.22B
Shares Out360.10M
EPS (ttm)3.36
PE Ratio35.46
Forward PE33.90
Dividend$2.56 (2.15%)
Ex-Dividend DateJul 30, 2021
Volume1,778,929
Open118.93
Previous Close118.75
Day's Range118.56 - 119.48
52-Week Range77.51 - 119.48
Beta0.89
AnalystsHold
Price Target116.71 (-2.0%)
Est. Earnings Daten/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,...

IndustryIT Services
Founded1979
CEOMartin Mucci
Employees15,000
Stock ExchangeNASDAQ
Ticker SymbolPAYX
Full Company Profile

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 Statements

Analyst 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.

Price Target
$116.71
(-2.05% downside)
Analyst Consensus: Hold

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 ...

1 day ago - Business Wire

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, ...

1 week ago - PRNewsWire

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.

1 week ago - CNBC Television

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.

1 week ago - Benzinga

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...

Other symbols:BILLMDB
2 weeks ago - Investors Business Daily

These 2 Nasdaq Stocks Made Big Moves Thursday

One rose, another plunged.

Other symbols:BBBY
2 weeks ago - The Motley Fool

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.

2 weeks ago - Zacks Investment Research

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.

2 weeks ago - Benzinga

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?

2 weeks ago - Zacks Investment Research

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...

2 weeks ago - Business Wire

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...

2 weeks ago - Forbes

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.

2 weeks ago - Zacks Investment Research

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.

3 weeks ago - Zacks Investment Research

10 Expensive Stocks to Steer Clear Of

Expensive stocks with mediocre growth prospects can drop the most when the whole market starts to slide. These 10 stocks could be at high risk.

3 weeks ago - Kiplinger

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...

3 weeks ago - PRNewsWire

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...

4 weeks ago - Business Wire

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,...

1 month ago - PRNewsWire

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,...

1 month ago - PRNewsWire

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...

1 month ago - Forbes

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...

1 month ago - PRNewsWire

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.

1 month ago - PRNewsWire

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 ...

Other symbols:CRM
1 month ago - Yahoo Finance

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...

1 month ago - Yahoo Finance

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...

1 month ago - CNBC Television

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...

Other symbols:JLL
1 month ago - PRNewsWire