Paychex, Inc. (PAYX)

Market Cap	43.90B
Revenue (ttm)	4.92B
Net Income (ttm)	1.50B
Shares Out	383.78M
EPS (ttm)	4.15
PE Ratio	27.36
Forward PE	29.76
Dividend	$3.16 (2.76%)
Ex-Dividend Date	Feb 8, 2023

Volume	470,746
Open	114.37
Previous Close	113.54
Day's Range	113.83 - 114.56
52-Week Range	105.66 - 141.92
Beta	0.98
Analysts	Hold
Price Target	123.07 (+7.64%)
Earnings Date	Mar 29, 2023

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: 16,000
• Stock Exchange: NASDAQ
• Ticker Symbol: PAYX

Financial Performance

In 2022, Paychex's revenue was $4.61 billion, an increase of 13.68% compared to the previous year's $4.06 billion. Earnings were $1.39 billion, an increase of 26.91%.

Analyst Forecast

According to 24 analysts, the average rating for PAYX stock is "Hold." The 12-month stock price forecast is $123.07, which is an increase of 7.64% from the latest price.

Price Target

$123.07

(7.64% upside)

Analyst Consensus: Hold