Paychex, Inc. (PAYX)
| Market Cap | 50.78B |
| Revenue (ttm) | 5.31B |
| Net Income (ttm) | 1.70B |
| Shares Out | 359.90M |
| EPS (ttm) | 4.69 |
| PE Ratio | 30.08 |
| Forward PE | 27.94 |
| Dividend | $3.92 (2.78%) |
| Ex-Dividend Date | Nov 7, 2024 |
| Volume | 833,481 |
| Open | 141.68 |
| Previous Close | 141.53 |
| Day's Range | 140.35 - 141.91 |
| 52-Week Range | 106.27 - 144.17 |
| Beta | 0.99 |
| Analysts | Hold |
| Price Target | 130.77 (-7.31%) |
| Earnings Date | Oct 1, 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 $130.77, which is a decrease of -7.31% from the latest price.
News
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...
10 Dividend Blue-Chip Bargains To Potentially Profit From This Irrational Market Freakout
Joel Greenblatt's Magic Formula combines value and quality investing. By focusing on earnings yield and return on capital, it has achieved 40% annual returns for 21 years. The market's recent selloff,...
4 Factor Dividend Growth Strategy: A Speed Bump On The Home Stretch
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 fell by 0.27% in August, under...
Hourly Earnings Growth Falls Below Three Percent as Job Growth Remains Steady for U.S. Small Businesses
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The Paychex Small Business Employment Watch for August, which reflects U.S. small businesses with fewer than 50 employees, reported hourly...
Paychex Flex® Perks Earns 2024 Top HR Product of the Year Award
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: A Reliable Buy For Growing Dividend Checks Now
Hundreds of thousands of clients and millions of employees around the world depend on Paychex. The company exceeded the analyst consensus for both revenue and non-GAAP EPS in fiscal Q4. At a time when...
Paychex Launches Digital Employee Benefits Marketplace
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 Announces Employee Engagement Solution
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...
Wage Growth for U.S. Small Business Employees Remains Consistent in July, While Job Growth Continues to Moderate
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, hourly earnings growth for U.S. workers in businesses with fewer than 50 employe...
Paychex Named to TIME's 2024 America's Best Companies List
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 Surpasses 120,000 401(k) Clients
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 Named to Selling Power's 2024 “60 Best Companies to Sell For” List
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...
Wall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks Delivering High-Dividend Yields
During times of turbulence and uncertainty in the markets, even when markets are at all-time highs, many investors turn to dividend-yielding stocks. These are often companies that have high free cash ...