Paychex, Inc. (PAYX)

NASDAQ: PAYX · IEX Real-Time Price · USD
122.43
+5.12 (4.36%)
At close: Jun 24, 2022 4:00 PM
122.75
+0.32 (0.26%)
After-hours: Jun 24, 2022 7:13 PM EDT
4.36%
Market Cap 44.20B
Revenue (ttm) 4.50B
Net Income (ttm) 1.36B
Shares Out 361.02M
EPS (ttm) 3.74
PE Ratio 32.74
Forward PE 28.90
Dividend $2.77 (2.26%)
Ex-Dividend Date May 11, 2022
Volume 2,321,663
Open 118.30
Previous Close 117.31
Day's Range 117.95 - 122.44
52-Week Range 105.55 - 141.92
Beta 0.98
Analysts Hold
Price Target 142.94 (+16.8%)
Earnings Date Jun 29, 2022

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,... [Read more...]

Industry IT Services
Founded 1979
CEO Martin Mucci
Employees 15,000
Stock Exchange NASDAQ
Ticker Symbol PAYX
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 26 analysts, the average rating for PAYX stock is "Hold." The 12-month stock price forecast is 142.94, which is an increase of 16.75% from the latest price.

Price Target
$142.94
(16.75% upside)
Analyst Consensus: Hold
Stock Forecasts

News

1 Under-the-Radar Growth Stock to Buy and Hold

This stock has averaged double-digit annual earnings growth over the past five years and has flourished in this bear market.

3 Stocks to Watch From the Promising Outsourcing Space

The Zacks Outsourcing industry seeks to benefit from the coronavirus-driven dependency on technology and accelerated adoption of cloud infrastructure. ADP, PAYX and G are well-positioned to witness the ...

Other symbols: ADPG

Paychex, Inc. Schedules Fourth Quarter Fiscal 2022 Earnings Conference Call for June 29, 2022

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2022 fourth quarter and full-year ended May 31, 2022. Paychex will deliver results via Busine...

Paychex (PAYX) Stock Up 12.3% in a Year: What's Behind It?

Paychex (PAYX) stock has been benefiting from consecutive better-than-expected top and bottom-line performance, shareholder-friendly moves and encouraging guidance.

G or PAYX: Which Is the Better Value Stock Right Now?

G vs. PAYX: Which Stock Is the Better Value Option?

Other symbols: G

New Paychex Research Shows Growing Importance of Technology and Training to Support Remote and Hybrid Workers

Annual Paychex Pulse of HR Report reveals challenges and opportunities for HR leaders and their companies as they navigate today's business and hiring environment ROCHESTER, N.Y. , June 13, 2022 /PRNews...

7 Top-Rated Large-Cap Stocks to Buy and Hold

These high-quality, large-cap stocks stand to produce solid returns for buy and hold investors, making them great buys in today's market. The post 7 Top-Rated Large-Cap Stocks to Buy and Hold appeared f...

Other symbols: CFDLTRHSYKROXYSQM

Reasons to Add Paychex (PAYX) Stock to Your Portfolio Now

Paychex's (PAYX) solid business model, diversified products and services, and strategic acquisitions boost top-line growth.

Small business wage growth remains strong, says Paychex CEO Marty Mucci

Marty Mucci, chairman and CEO of Paychex, joins CNBC's 'Squawk Box' to break down small business wage growth, hiring and more.

Paychex Flex® Earns HR Tech Award from Lighthouse Research & Advisory

Cloud-based SaaS solution, Paychex Flex, recognized as Best Core HR/Workforce Solution for Small and Medium Businesses ROCHESTER, N.Y., May 26, 2022 /PRNewswire/ -- Paychex, Inc., a leading provider of ...

G vs. PAYX: Which Stock Is the Better Value Option?

G vs. PAYX: Which Stock Is the Better Value Option?

Other symbols: G

Stocks This Week: Buy Hologic And Paychex

Stocks are likely to rally, and this pair of equities are likely to lead.

Other symbols: HOLX

3 Outsourcing Stocks to Strengthen Your Portfolio Now

As the industry seeks to benefit from the COVID-driven reliance on technology and the accelerated uptake of cloud infrastructure, investing in outsourcing stocks like ADP, PAYX, G can be a prudent move.

Other symbols: ADPG

3 Dividend-Paying Business Services Stocks You May Count On

Here we pick three business service stocks, namely, Paychex (PAYX), FactSet (FDS) and ManpowerGroup (MAN), which have raised dividends amid lingering coronavirus woes.

Other symbols: FDSMAN

Why Are Investors Bullish On Paychex Stock?

Returns of -3.5% or lower over a five-day period on 218 occasions out of 2516 (9%); Stock rose in the next five days in 124 of these 218 instances (57%).

Paychex (PAYX) Stock Up 23.6% in a Year: What's Behind It?

Consecutive better-than-expected top and bottom-line performance, shareholder-friendly moves and encouraging guidance have been benefiting the Paychex (PAYX) stock.

Paychex Declares 20% Increase in Quarterly Dividend

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX), a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance service...

These Are The 5 Best Tech Stocks To Watch Now

The technology sector is home to many of the best tech stocks to buy or watch, although it's slim picking these days. The post These Are The 5 Best Tech Stocks To Watch Now appeared first on Investor's ...

Other symbols: EWFTNTPANWPSTGZEN

Paychex Honored for Excellence in Employee Health and Well-being

Business Group on Health recognizes Paychex for offering one of the nation's top health and well-being programs ROCHESTER, N.Y., April 19, 2022 /PRNewswire/ -- For the ninth time, Paychex, Inc., a leadi...

New Paychex Research Reveals the Impacts of Unpredictable Work Schedules, Especially Among Part-Time Workers, Younger...

ROCHESTER, N.Y. , April 18, 2022 /PRNewswire/ -- New research from Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and...

5 Dividend Growth Stocks for Safe Income Amid Volatility

The Kroger (KR), NVIDIA (NVDA), Jones Lang LaSalle (JLL), Paychex (PAYX) and McKesson (MCK) could be compelling picks amid market volatility.

Other symbols: JLLKRMCKNVDA

Is Paychex (PAYX) Outperforming Other Business Services Stocks This Year?

Here is how Paychex (PAYX) and Visa (V) have performed compared to their sector so far this year.

Yahoo Finance Presents: Martin Mucci, Paychex CEO

Yahoo Finance Editor-at-Large Brian Sozzi sits down with Paychex CEO Martin Mucci to discuss wage growth, the importance of retaining employees, and inflation.

Paychex beat earnings expectations by 10% but the price is overvalued

Paychex Inc. (NASDAQ:PAYX) beat Q3-2022 earnings expectations by 10%. The performance reflected strong growth in revenues and income.

Paychex CEO explains how businesses are handling soaring inflation, new state employment laws

The "Mad Money" host spoke with Paychex CEO Marty Mucci on Wednesday's episode of the show.