Paychex, Inc. (PAYX)

Market Cap	42.40B
Revenue (ttm)	5.21B
Net Income (ttm)	1.66B
Shares Out	359.96M
EPS (ttm)	4.59
PE Ratio	25.66
Forward PE	23.98
Dividend	$3.56 (3.02%)
Ex-Dividend Date	Feb 12, 2024

Volume	2,292,890
Open	119.78
Previous Close	119.14
Day's Range	117.74 - 119.78
52-Week Range	104.09 - 129.70
Beta	0.93
Analysts	Hold
Price Target	121.33 (+3.01%)
Earnings Date	Apr 2, 2024

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, 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 payroll, employer compliance, HR and employee benefits administration, risk management outs...

• Industry: Staffing & Employment Services
• Sector: Industrials
• Founded: 1979
• Employees: 16,600
• Stock Exchange: NASDAQ
• Ticker Symbol: PAYX

Financial Performance

In 2023, Paychex's revenue was $5.01 billion, an increase of 8.57% compared to the previous year's $4.61 billion. Earnings were $1.56 billion, an increase of 11.81%.

Analyst Forecast

According to 15 analysts, the average rating for PAYX stock is "Hold." The 12-month stock price forecast is $121.33, which is an increase of 3.01% from the latest price.

Price Target

$121.33

(3.01% upside)

Analyst Consensus: Hold