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Paychex, Inc. (PAYX)

Stock Price: $86.96 USD 0.09 (0.10%)
Updated Jan 25, 2021 4:00 PM EST - Market closed
Market Cap 31.30B
Revenue (ttm) 3.97B
Net Income (ttm) 1.06B
Shares Out 360.00M
EPS (ttm) 2.93
PE Ratio 29.68
Forward PE 30.86
Dividend $2.48
Dividend Yield 2.85%
Trading Day January 25
Last Price $86.96
Previous Close $86.87
Change ($) 0.09
Change (%) 0.10%
Day's Open 86.60
Day's Range 85.60 - 87.30
Day's Volume 2,440,672
52-Week Range 49.09 - 96.92

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Business Wire - 3 days ago

ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. (NASDAQ:PAYX) declared a regular quarterly dividend of $.62 per share payable February 25, 2021 to shareholders ...

Zacks Investment Research - 3 days ago

Paychex (PAYX) reported earnings 30 days ago. What's next for the stock?

InvestorPlace - 2 weeks ago

The tech industry has a number of dividend stocks, including IBM, NVE and PAYX stock that are worth taking a chance on. The post 7 Top Tech Dividend Stocks Worth Taking a Chance On appeared fi...

Other stocks mentioned: CSCO, CSPI, IBM, JNPR, NVEC, SABR
CNBC Television - 3 weeks ago

Paychex CEO says company is doing 'much better than we had expected'

Paychex CEO Marty Mucci reviewed the payroll provider's 2020 performance and delivered his outlook on the economy.

Forbes - 3 weeks ago

We believe there may be better places for your money than Paychex stock at the present time. After gaining 11% this year, PAYX currently trades at $94 - slightly above the pre-Covid high of $9...

Seeking Alpha - 3 weeks ago

Labor stocks have proven resilient in 2020 and are poised for gains in 2021. The labor market is still strong, despite the lingering affects of COVID-19.

Other stocks mentioned: ADP, CTAS
Zacks Investment Research - 3 weeks ago

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

Other stocks mentioned: BBSI
Zacks Investment Research - 1 month ago

The integration enhances user experience and cross-selling opportunities for both Paychex (PAYX) and Fiserv.

Other stocks mentioned: FISV
PYMNTS - 1 month ago

Paychex, which provides solutions for HR, payroll, benefits and insurance, is offering users of Clover, a business management platform from Fiserv, the chance to streamline payroll services as...

Seeking Alpha - 1 month ago

Paychex, Inc. (PAYX) CEO Martin Mucci on Q2 2021 Results - Earnings Call Transcript

Zacks Investment Research - 1 month ago

Paychex's (PAYX) second-quarter fiscal 2021 earnings increase on a year-over-year basis while revenues decline.

Invezz - 1 month ago

Paychex Inc. (NASDAQ: PAYX) reported its financial results for the fiscal second quarter on Wednesday that topped analysts' estimates for profit and revenue. On the back of hawkish performance...

Schaeffers Research - 1 month ago

The shares of Paychex Inc (NASDAQ:PAYX) are down 0.6% at $96.06 at last check, earlier hitting a record high of $99.95, after the payroll processing company reported better-than-expected fisca...

GuruFocus - 1 month ago

On Dec. 23 before the market opened, Paychex Inc. (NASDAQ:PAYX) released the results for its second quarter fiscal 2021, which ended Nov. 30. The payroll processor and human resources service ...

Zacks Investment Research - 1 month ago

Paychex (PAYX) delivered earnings and revenue surprises of 10.61% and 3.23%, respectively, for the quarter ended November 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 1 month ago

Shares of Paychex (NASDAQ:PAYX) rose 3.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share increased 4.29% year over year to $0.73, which beat ...

Market Watch - 1 month ago

Shares of Paychex Inc. rose 1.3% into record territory in premarket trading Wednesday, after the human resources services company reported fiscal second-quarter profit and revenue that beat ex...

Business Wire - 1 month ago

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (the “Company,” “Paychex,” “we,” “our,” or “us”) (Nasdaq:PAYX) today announced service revenue was $968.9 million for the three months ended Nov...

Benzinga - 1 month ago

On Wednesday, December 23, Paychex (NASDAQ:PAYX) will release its latest earnings report. Decipher the announcement with Benzinga's help.

Zacks Investment Research - 1 month ago

Paychex's (PAYX) second-quarter fiscal 2021 earnings and revenues are likely to have decreased year over year.

The Motley Fool - 1 month ago

Paychex is one of several big companies set to report earnings results in the trading week ahead.

Other stocks mentioned: CTAS, KMX
Barrons - 1 month ago

Tesla stock joins the S&P 500. FactSet, CarMax, Cintas, and Paychex report earnings.

Other stocks mentioned: KMX, TSLA, FDS, CTAS, HEI, HEI.A
Forbes - 1 month ago

This is post-OPEX week and the week before Christmas, both of which have a bullish bias.

Other stocks mentioned: QCOM
Zacks Investment Research - 1 month ago

The overall earnings picture started improving in early July as big parts of the U.S. economy have started coming out of the pandemic-driven lockdown. We saw this improvement in the revisions ...

Other stocks mentioned: CTAS, FDX, JPM, KMX, ORCL
Zacks Investment Research - 1 month ago

Paychex (PAYX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Zacks Investment Research - 1 month ago

Paychex's (PAYX) PEP encompasses benefits such as reduced fiduciary liability and plan expenses, and simplified plan management.

Business Wire - 1 month ago

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq:PAYX) is scheduled to release financial results for its fiscal 2021 second quarter ended November 30, 2020 via Business Wire before the ...

Zacks Investment Research - 1 month ago

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.

PRNewsWire - 1 month ago

ROCHESTER, N.Y., Dec. 9, 2020 /PRNewswire/ -- In response to the provisions of the SECURE Act, Paychex, Inc. will be among the first in the retirement industry to sponsor and maintain a Pooled...

Forbes - 1 month ago

Stocks are likely to be strong this week; here are buy recommendations.

Other stocks mentioned: TXN
Bloomberg Markets and Finance - 2 months ago

Paychex CEO on Small Business, U.S. Jobs Report, Stimulus

Nov.06 -- Paychex Chief Executive Officer Martin Mucci examines the U.S. October jobs report, the need for another round of stimulus, and what he sees for employment post-pandemic. He speaks o...

Zacks Investment Research - 2 months ago

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

Other stocks mentioned: G
Zacks Investment Research - 2 months ago

Paychex (PAYX) reported earnings 30 days ago. What's next for the stock?

Insider Monkey - 2 months ago

Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking ...

PRNewsWire - 2 months ago

ROCHESTER, N.Y., Oct. 30, 2020 /PRNewswire/ -- Additional government stimulus remains a top priority for businesses as the election nears. According to new research from Paychex, Inc., a leadi...

PRNewsWire - 2 months ago

ROCHESTER, N.Y., Oct. 26, 2020 /PRNewswire/ -- To continue to support customers as they navigate the impacts of the COVID-19 pandemic and navigate the future of work, Paychex, Inc., a leading ...

Forbes - 2 months ago

Paychex stock is down 3% since the beginning of this year, but at the current price of around $83 per share, we believe that PAYX stock has around 15% potential downside. Why is that?

Seeking Alpha - 3 months ago

Paychex is a Dividend Contender with 10 consecutive years of dividend growth. Shares currently yield 2.96%.

Business Wire - 3 months ago

ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. (NASDAQ:PAYX) declared a regular quarterly dividend of $.62 per share payable November 24, 2020 to shareholders ...

The Motley Fool - 3 months ago

Find out which one rose more.

Other stocks mentioned: TSLA
PRNewsWire - 3 months ago

ROCHESTER, N.Y., Oct. 7, 2020 /PRNewswire/ -- Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, has earned recognition as a "Top HR Product of the Year" by H...

Seeking Alpha - 3 months ago

Paychex, Inc. (PAYX) CEO Martin Mucci on Q1 2021 Results - Earnings Call Transcript

CNBC Television - 3 months ago

Paychex CEO: Stimulus would certainly help small and medium-sized businesses

As most small and medium-sized businesses max out their PPP loans, about 40% are looking for additional aid to get through the pandemic, Paychex CEO Marty Mucci said.

Zacks Investment Research - 3 months ago

Paychex's (PAYX) first-quarter fiscal 2021 earnings and revenues decrease on a year-over-year basis.

GuruFocus - 3 months ago

On Oct. 6 before the market opened, Paychex Inc. (NASDAQ:PAYX) released the results for its first quarter fiscal 2021, which ended Aug. 31. The payroll processor and human resources service pr...

Invezz - 3 months ago

Paychex Inc (NASDAQ: PAYX) published its earnings report for the fiscal first quarter on Tuesday that highlighted a decline in profit and revenue but one that was narrower than expected. The c...

InvestorPlace - 3 months ago

Paychex earnings on Tuesday have PAYX stock a bit lower after the company reported rough Q1 figures and provided a dismal outlook for FY2021. The post Paychex Earnings: PAYX Stock Ticks 1% Low...

Zacks Investment Research - 3 months ago

Paychex (PAYX) delivered earnings and revenue surprises of 12.50% and 4.11%, respectively, for the quarter ended August 2020. Do the numbers hold clues to what lies ahead for the stock?

Market Watch - 3 months ago

Paychex Inc. PAYX, +2.54% reported Tuesday fiscal first-quarter profit and revenue that fell less than expected, and provided an upbeat full-year earnings outlook, citing a faster-than-anticip...

Benzinga - 3 months ago

Shares of Paychex (NASDAQ:PAYX) increased 0.2% in pre-market trading after the company reported Q1 results. Quarterly Results Earnings per share decreased 11.27% over the past year to $0.63, w...

About PAYX

Paychex 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, and ... [Read more...]

Industry
Staffing & Employment Services
Founded
1979
CEO
Martin Mucci
Employees
15,600
Stock Exchange
NASDAQ
Ticker Symbol
PAYX
Full Company Profile

Financial Performance

In 2020, Paychex's revenue was $4.04 billion, an increase of 7.10% compared to the previous year's $3.77 billion. Earnings were $1.10 billion, an increase of 6.16%.

Financial Statements

Analyst Forecasts

According to 22 analysts, the average rating for Paychex stock is "Hold." The 12-month stock price forecast is 96.14, which is an increase of 10.56% from the latest price.

Price Target
$96.14
(10.56% upside)
Analyst Consensus: Hold