Paychex Company Profile (NASDAQ:PAYX)

About Paychex (PAYX)

Paychex logoPaychex, Inc. is a provider of integrated human capital management (HCM) solutions for payroll, human resource (HR), retirement and insurance services for small- to medium-sized businesses in the United States. The Company also has operations in Germany. The Company offers services, including Payroll processing, Human Resource Services, and Accounting and Financial Services. As of May 31, 2016, the Company serviced approximately 605,000 payroll clients. It offers a portfolio of HCM services and products that allows its clients to meet their payroll and HR needs. Its payroll-related ancillary services and human resource service (HRS) offerings often leverage the information gathered in the base payroll processing service, allowing it to provide outsourcing services covering the HCM spectrum. The Company, through its HCM software-as-a-service platform, Paychex Flex, provides an integrated product suite that covers the employee life cycle from recruiting and hiring to retirement.

Industry, Sector and Symbol:
  • Sector: Business Services
  • Industry: Staffing & Outsourcing Services
  • Sub-Industry: Data Processing & Outsourced Services
  • Exchange: NASDAQ
  • Symbol: PAYX
  • CUSIP: 70432610
Key Metrics:
  • Previous Close: $59.84
  • 50 Day Moving Average: $60.01
  • 200 Day Moving Average: $59.19
  • 52-Week Range: $51.06 - $63.03
  • Trailing P/E Ratio: 27.20
  • Foreward P/E Ratio: 25.04
  • P/E Growth: 3.12
  • Market Cap: $21.50B
  • Outstanding Shares: 359,248,000
  • Beta: 0.86
Profitability:
  • Net Margins: 25.40%
  • Return on Equity: 41.00%
  • Return on Assets: 12.26%
Debt:
  • Current Ratio: 1.11%
  • Quick Ratio: 1.11%

Analyst Ratings

Consensus Ratings for Paychex (NASDAQ:PAYX) (?)
Ratings Breakdown: 4 Sell Ratings, 7 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.85)
Consensus Price Target: $59.17 (1.13% downside)

Analysts' Ratings History for Paychex (NASDAQ:PAYX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/30/2017BMO Capital MarketsLower Price TargetMarket Perform$61.00 -> $60.00LowView Rating Details
3/21/2017Jefferies Group LLCReiterated RatingSell$50.00MediumView Rating Details
1/21/2017Royal Bank of CanadaSet Price TargetSell$55.00N/AView Rating Details
1/11/2017Sanford C. BernsteinUpgradeUnderperform -> Market Perform$52.00 -> $59.00N/AView Rating Details
12/23/2016ArgusReiterated RatingBuy$70.00N/AView Rating Details
12/23/2016Wells Fargo & CoReiterated RatingMarket Perform$57.00 -> $61.00N/AView Rating Details
12/23/2016Deutsche Bank AGReiterated RatingHold$56.00 -> $62.00N/AView Rating Details
12/22/2016Compass PointBoost Price TargetSell$45.00 -> $48.00N/AView Rating Details
12/20/2016Barclays PLCInitiated CoverageEqual Weight$63.00N/AView Rating Details
12/16/2016Goldman Sachs Group IncUpgradeNeutral -> Buy$68.00N/AView Rating Details
9/8/2016WedbushInitiated CoverageNeutral$65.00N/AView Rating Details
8/23/2016Morgan StanleyReiterated RatingUnderweight$49.00N/AView Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralN/AView Rating Details
4/3/2016Oppenheimer Holdings Inc.Reiterated RatingBuyN/AView Rating Details
3/31/2016Bank of America CorpReiterated RatingSell$50.00N/AView Rating Details
3/31/2016Robert W. BairdReiterated RatingHoldN/AView Rating Details
3/31/2016Citigroup IncBoost Price TargetSell$48.00 -> $49.00N/AView Rating Details
8/14/2015JPMorgan Chase & Co.Reiterated RatingNeutral$48.00 -> $52.00N/AView Rating Details
(Data available from 4/28/2015 forward)

Earnings

Earnings History for Paychex (NASDAQ:PAYX)
Earnings by Quarter for Paychex (NASDAQ:PAYX)
Earnings History by Quarter for Paychex (NASDAQ:PAYX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
6/28/2017        
3/29/2017Q3 2017$0.54$0.55$799.08 million$795.80 millionViewN/AView Earnings Details
12/21/2016Q217$0.55$0.56$778.99 million$771.40 millionViewN/AView Earnings Details
9/28/2016Q117$0.57$0.60$782.80 million$785.50 millionViewN/AView Earnings Details
6/30/2016Q416$0.49$0.49$750.51 million$753.90 millionViewListenView Earnings Details
3/30/2016Q316$0.50$0.50$751.14 million$752.60 millionViewListenView Earnings Details
12/22/2015Q216$0.51$0.52$724.08 million$722.40 millionViewListenView Earnings Details
9/30/2015Q116$0.51$0.52$723.00 millionViewN/AView Earnings Details
7/1/2015Q415$0.44$0.44$657.47 million$692.20 millionViewN/AView Earnings Details
3/25/2015Q315$0.46$0.46$701.16 million$693.60 millionViewN/AView Earnings Details
12/19/2014Q215$0.46$0.47$674.46 million$676.30 millionViewN/AView Earnings Details
9/24/2014Q115$0.46$0.47$659.39 million$666.80 millionViewListenView Earnings Details
7/1/2014Q414$0.40$0.40$617.35 million$639.00 millionViewListenView Earnings Details
3/26/2014Q314$0.42$0.44$628.85 million$636.00 millionViewListenView Earnings Details
12/19/2013Q2$0.42$0.43$598.89 million$610.50 millionViewListenView Earnings Details
10/1/2013Q114$0.43$0.44$605.56 million$597.90 millionViewListenView Earnings Details
6/26/2013Q4 2013$0.38$0.38$585.96 million$575.30 millionViewListenView Earnings Details
3/27/2013Q3 2013$0.39$0.40$592.62 million$593.30 millionViewListenView Earnings Details
12/19/2012Q2 2013$0.34$0.41$557.66 million$559.40 millionViewListenView Earnings Details
9/24/2012Q113$0.41$0.42$584.05 million$578.20 millionViewN/AView Earnings Details
6/27/2012$0.34$0.34ViewN/AView Earnings Details
3/28/2012$0.37$0.37ViewN/AView Earnings Details
12/20/2011$0.38$0.39ViewN/AView Earnings Details
9/27/2011$0.38$0.41ViewN/AView Earnings Details
6/22/2011$0.33$0.33ViewN/AView Earnings Details
3/23/2011$0.35$0.36ViewN/AView Earnings Details
12/20/2010$0.35$0.37$510.65 million$512.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Paychex (NASDAQ:PAYX)
2017 EPS Consensus Estimate: $2.20
2018 EPS Consensus Estimate: $2.39
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20173$0.56$0.57$0.56
Q2 20174$0.54$0.56$0.55
Q3 20174$0.53$0.60$0.55
Q4 20175$0.52$0.59$0.54
Q1 20183$0.62$0.63$0.62
Q2 20183$0.59$0.60$0.60
Q3 20183$0.58$0.60$0.59
Q4 20183$0.57$0.58$0.57
Q1 20191$0.68$0.68$0.68
Q2 20192$0.64$0.65$0.65
Q3 20191$0.65$0.65$0.65
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Paychex (NASDAQ:PAYX)
Most Recent Dividend:2/15/2017
Annual Dividend:$1.84
Dividend Yield:3.07%
Dividend Growth:36.00% (3 Year Average)
Payout Ratio:85.58% (Trailing 12 Months of Earnings)
82.51% (Based on This Year's Estimates)
76.99% (Based on Next Year's Estimates)
Track Record:6 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Paychex (NASDAQ:PAYX)

Dividend History by Quarter for Paychex (NASDAQ:PAYX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
1/13/2017quarterly$0.463.02%1/30/20172/1/20172/15/2017
10/12/2016quarterly$0.463.28%10/28/201611/1/201611/22/2016
7/7/2016quarterly$0.463.04%7/28/20168/1/20168/25/2016
4/29/2016quarterly$0.423.19%5/5/20165/9/20165/23/2016
1/15/2016quarterly$0.423.54%1/28/20162/1/20162/16/2016
10/14/2015quarterly$0.423.37%10/29/201511/2/201511/19/2015
7/9/2015quarterly$0.423.54%7/30/20158/3/20158/20/2015
5/1/2015quarterly$0.383.08%5/7/20155/11/20155/21/2015
1/16/2015quarterly$0.383.2%1/29/20152/2/20152/17/2015
10/15/2014quarterly$0.383.53%10/30/201411/3/201411/20/2014
7/10/2014quarterly$0.383.63%7/30/20148/1/20148/15/2014
5/2/2014quarterly$0.353.37%5/8/20145/12/20145/23/2014
1/17/2014quarterly$0.353.2%1/30/20142/3/20142/17/2014
10/16/2013quarterly$0.353.4%10/30/201311/1/201311/15/2013
7/11/2013quarterly$0.353.6%7/30/20138/1/20138/15/2013
12/10/2012quarterly$0.337.79%12/18/201212/20/201212/28/2012
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Paychex (NASDAQ:PAYX)
Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 69.28%
Insider Trades by Quarter for Paychex (NASDAQ:PAYX)
Institutional Ownership by Quarter for Paychex (NASDAQ:PAYX)
Insider Trades by Quarter for Paychex (NASDAQ:PAYX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
4/20/2017Joseph M VelliDirectorSell9,000$58.29$524,610.00View SEC Filing  
1/25/2017Jennifer R VosslerVPSell5,876$62.01$364,370.76View SEC Filing  
1/25/2017Joseph DoodyDirectorSell10,850$61.48$667,058.00View SEC Filing  
1/17/2017David J S FlaschenDirectorSell10,250$61.05$625,762.50View SEC Filing  
1/17/2017Michael E GiojaInsiderSell24,726$60.72$1,501,362.72View SEC Filing  
1/10/2017Pamela A JosephDirectorSell18,500$61.20$1,132,200.00View SEC Filing  
7/29/2016John B GibsonVPSell11,450$59.00$675,550.00View SEC Filing  
7/22/2016Joseph DoodyDirectorSell44,441$60.51$2,689,124.91View SEC Filing  
7/21/2016Michael E GiojaInsiderSell6,190$60.23$372,823.70View SEC Filing  
7/14/2016Jennifer R VosslerVPSell12,000$61.05$732,600.00View SEC Filing  
7/8/2016Efrain RiveraCFOSell7,235$61.33$443,722.55View SEC Filing  
7/8/2016Joseph M TucciDirectorSell3,641$61.00$222,101.00View SEC Filing  
7/8/2016Mark Anthony BottiniVPSell6,112$61.33$374,848.96View SEC Filing  
7/8/2016Martin MucciCEOSell42,397$61.33$2,600,208.01View SEC Filing  
7/8/2016Stephanie L. SchaefferInsiderSell3,438$61.33$210,852.54View SEC Filing  
7/7/2016Martin MucciCEOSell65,965$60.63$3,999,457.95View SEC Filing  
6/30/2016Laurie L ZauchaVPSell26,605$58.06$1,544,686.30View SEC Filing  
6/20/2016Laurie L ZauchaVPSell13,500$55.50$749,250.00View SEC Filing  
6/16/2016Laurie L ZauchaVPSell10,000$54.51$545,100.00View SEC Filing  
5/12/2016Pamela A JosephDirectorSell6,000$52.49$314,940.00View SEC Filing  
4/27/2016Grant M InmanDirectorSell4,197$52.85$221,811.45View SEC Filing  
4/5/2016Michael E GiojaVPSell19,450$53.52$1,040,964.00View SEC Filing  
4/1/2016David J S FlaschenDirectorSell6,000$53.57$321,420.00View SEC Filing  
11/19/2015Laurie L. ZauchaVPSell11,780$54.00$636,120.00View SEC Filing  
10/28/2015Martin MucciCEOSell30,000$52.00$1,560,000.00View SEC Filing  
10/27/2015Stephanie L. SchaefferinsiderSell31,375$52.01$1,631,813.75View SEC Filing  
10/26/2015Laurie L. ZauchaVPSell3,000$52.00$156,000.00View SEC Filing  
10/22/2015Laurie L. ZauchaVPSell3,093$51.00$157,743.00View SEC Filing  
10/21/2015Stephanie L. SchaefferinsiderSell12,000$50.72$608,640.00View SEC Filing  
10/16/2015Martin MucciCEOSell84,591$49.91$4,221,936.81View SEC Filing  
10/8/2015Laurie L. ZauchaVPSell3,858$50.00$192,900.00View SEC Filing  
7/11/2015Efrain RiveraCFOSell7,641$47.78$365,086.98View SEC Filing  
7/11/2015Mark Anthony BottiniVPSell8,128$47.78$388,355.84View SEC Filing  
7/11/2015Martin MucciCEOSell42,740$47.78$2,042,117.20View SEC Filing  
7/11/2015Stephanie L SchaefferInsiderSell3,300$47.78$157,674.00View SEC Filing  
7/9/2015Martin MucciCEOSell3,107$47.43$147,365.01View SEC Filing  
7/6/2015Joseph M TucciDirectorSell7,029$48.00$337,392.00View SEC Filing  
5/15/2015Grant M InmanDirectorSell6,753$49.92$337,109.76View SEC Filing  
4/20/2015Michael E GiojaVPSell19,483$49.03$955,251.49View SEC Filing  
3/16/2015Laurie L ZauchaVPSell9,279$51.00$473,229.00View SEC Filing  
2/20/2015Laurie L ZauchaVPSell9,000$49.50$445,500.00View SEC Filing  
2/5/2015Mark Anthony BottiniVPSell75,000$47.25$3,543,750.00View SEC Filing  
12/23/2014Martin MucciCEOSell70,000$47.43$3,320,100.00View SEC Filing  
11/10/2014Jennifer R VosslerVPSell5,000$47.48$237,400.00View SEC Filing  
11/3/2014Laurie L ZauchaVPSell11,574$47.02$544,209.48View SEC Filing  
11/3/2014Stephanie L SchaefferInsiderSell9,000$47.02$423,180.00View SEC Filing  
10/27/2014Martin MucciCEOSell50,000$45.67$2,283,500.00View SEC Filing  
9/26/2014David J S FlaschenDirectorSell10,000$43.80$438,000.00View SEC Filing  
8/6/2014Jennifer R VosslerVPSell5,000$40.40$202,000.00View SEC Filing  
7/11/2014Martin MucciCEOSell3,835$41.92$160,763.20View SEC Filing  
7/10/2014Efrain RiveraCFOSell570$41.92$23,894.40View SEC Filing  
7/10/2014Martin MucciCEOSell6,809$41.81$284,684.29View SEC Filing  
7/10/2014Michael E GiojaVPSell2,307$41.78$96,386.46View SEC Filing  
7/10/2014Stephanie L SchaefferInsiderSell1,470$41.74$61,357.80View SEC Filing  
7/9/2014Jennifer R VosslerVPSell418$41.70$17,430.60View SEC Filing  
7/9/2014Martin MucciCEOSell3,302$41.70$137,693.40View SEC Filing  
7/9/2014Stephanie L SchaefferInsiderSell1,184$41.70$49,372.80View SEC Filing  
7/6/2014Martin MucciCEOSell26,309$41.55$1,093,138.95View SEC Filing  
7/6/2014Michael E GiojaVPSell4,422$41.55$183,734.10View SEC Filing  
7/6/2014Stephanie L SchaefferInsiderSell2,190$41.55$90,994.50View SEC Filing  
5/9/2014Grant InmanDirectorSell7,800$40.94$319,332.00View SEC Filing  
5/2/2014Jennifer VosslerVPSell1,122$41.40$46,450.80View SEC Filing  
4/4/2014Martin MucciCEOSell30,000$42.55$1,276,500.00View SEC Filing  
4/2/2014David FlaschenDirectorSell10,000$42.50$425,000.00View SEC Filing  
4/2/2014Michael GiojaVPSell24,329$42.37$1,030,819.73View SEC Filing  
1/27/2014Michael GiojaVPSell9,800$42.19$413,462.00View SEC Filing  
10/21/2013Kevin N HillVPSell25,317$42.20$1,068,377.40View SEC Filing  
10/12/2013Martin MucciCEOSell1,475$40.74$60,091.50View SEC Filing  
8/13/2013Martin MucciCEOSell50,000$40.23$2,011,500.00View SEC Filing  
7/11/2013Martin MucciCEOSell30,123$38.82$1,169,374.86View SEC Filing  
7/11/2013Michael E GiojaVPSell3,922$38.89$152,526.58View SEC Filing  
7/7/2013Martin MucciCEOSell3,055$37.61$114,898.55View SEC Filing  
12/28/2012Michael E GiojaVPSell26,375$31.09$819,998.75View SEC Filing  
10/8/2012Phillip HorsleyDirectorSell22,084$33.25$734,293.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Paychex (NASDAQ:PAYX)
Latest Headlines for Paychex (NASDAQ:PAYX)
Source:
DateHeadline
finance.yahoo.com logoThe SurePayroll Small Business Scorecard®: If I Knew Then What I Know Now - Insight from Small Business Owners
finance.yahoo.com - April 27 at 7:36 PM
americanbankingnews.com logoPaychex (PAYX) Receives Media Impact Score of 0.62
www.americanbankingnews.com - April 26 at 9:43 AM
seekingalpha.com logoFFJ Portfolio Update: YTD Changes And Forthcoming Changes
seekingalpha.com - April 24 at 2:17 PM
americanbankingnews.com logoSomewhat Favorable Media Coverage Likely to Affect Paychex (PAYX) Share Price
www.americanbankingnews.com - April 23 at 7:21 PM
nasdaq.com logoPaychex Reaches Analyst Target Price
www.nasdaq.com - April 21 at 6:57 PM
americanbankingnews.com logoInsider Selling: Paychex, Inc. (PAYX) Director Sells 9,000 Shares of Stock
www.americanbankingnews.com - April 21 at 3:35 PM
finance.yahoo.com logoETFs with exposure to Paychex, Inc. : April 20, 2017
finance.yahoo.com - April 20 at 7:13 PM
americanbankingnews.com logoPaychex, Inc. (PAYX) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - April 18 at 1:45 PM
americanbankingnews.com logoPaychex (PAYX) Receiving Somewhat Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 18 at 12:57 AM
americanbankingnews.com logoZacks: Analysts Expect Paychex, Inc. (PAYX) to Announce $0.53 Earnings Per Share
www.americanbankingnews.com - April 17 at 10:18 AM
finance.yahoo.com logoIs Paychex (PAYX) a Stock That Investors Should Hold on to? - Yahoo Finance
finance.yahoo.com - April 14 at 5:38 AM
finance.yahoo.com logoPost Earnings Coverage as Paychex’s Revenue Increased 6%; Earnings Jumped 12%
finance.yahoo.com - April 11 at 10:36 AM
seekingalpha.com logoIrrational Mr. Market Creating Opportunity In Paychex
seekingalpha.com - April 7 at 11:49 AM
finance.yahoo.com logoETFs with exposure to Paychex, Inc. : April 5, 2017
finance.yahoo.com - April 7 at 11:49 AM
americanbankingnews.com logoPaychex, Inc. (PAYX) to Post Q1 2018 Earnings of $0.63 Per Share, William Blair Forecasts
www.americanbankingnews.com - April 6 at 5:15 PM
americanbankingnews.com logoQ2 2018 EPS Estimates for Paychex, Inc. Cut by Analyst (PAYX)
www.americanbankingnews.com - April 5 at 3:48 PM
americanbankingnews.com logoBMO Capital Markets Trims Paychex, Inc. (PAYX) Target Price to $60.00
www.americanbankingnews.com - April 5 at 2:01 PM
biz.yahoo.com logoPAYCHEX INC Files SEC form 10-Q, Quarterly Report
biz.yahoo.com - March 31 at 7:13 PM
americanbankingnews.com logoEquities Analysts Offer Predictions for Paychex, Inc.'s Q4 2017 Earnings (PAYX)
www.americanbankingnews.com - March 31 at 1:05 PM
americanbankingnews.com logoFY2017 Earnings Estimate for Paychex, Inc. Issued By Northcoast Research (PAYX)
www.americanbankingnews.com - March 31 at 12:47 PM
americanbankingnews.com logoPaychex, Inc. (PAYX) Given "Market Perform" Rating at BMO Capital Markets
www.americanbankingnews.com - March 30 at 9:31 PM
americanbankingnews.com logoPaychex, Inc. Expected to Earn FY2017 Earnings of $2.24 Per Share (PAYX)
www.americanbankingnews.com - March 30 at 10:59 AM
americanbankingnews.com logoPaychex, Inc. (PAYX) to Post FY2017 Earnings of $2.25 Per Share, Wedbush Forecasts
www.americanbankingnews.com - March 30 at 10:56 AM
americanbankingnews.com logoPaychex, Inc. (PAYX) to Post FY2017 Earnings of $2.24 Per Share, Oppenheimer Holdings Forecasts
www.americanbankingnews.com - March 30 at 10:56 AM
finance.yahoo.com logoEdited Transcript of PAYX earnings conference call or presentation 29-Mar-17 1:30pm GMT
finance.yahoo.com - March 30 at 12:52 AM
nasdaq.com logoPAYX Makes Notable Cross Below Critical Moving Average
www.nasdaq.com - March 29 at 7:51 PM
investorplace.com logoSKX, PLAY and PAYX stock were all taken out behind the woodshed on Wednesday
investorplace.com - March 29 at 7:51 PM
us.rd.yahoo.com logoPaychex (PAYX) Q3 Earnings Beat Estimates, Revenues Miss
us.rd.yahoo.com - March 29 at 7:51 PM
biz.yahoo.com logoPAYCHEX INC Files SEC form 8-K, Change in Directors or Principal Officers
biz.yahoo.com - March 29 at 7:51 PM
americanbankingnews.com logoPaychex, Inc. (PAYX) Posts Quarterly Earnings Results, Beats Estimates By $0.01 EPS
www.americanbankingnews.com - March 29 at 2:06 PM
nasdaq.com logoPaychex Inc. Reports 10% Increase In Q3 Earnings
www.nasdaq.com - March 29 at 9:11 AM
thestreet.com logoMarket Recon: How to Play Brexit Divorce Proceedings
us.rd.yahoo.com - March 29 at 9:11 AM
biz.yahoo.com logoQ3 2017 Paychex Inc Earnings Release - Before Market Open
us.rd.yahoo.com - March 29 at 9:11 AM
capitalcube.com logoPaychex, Inc. breached its 50 day moving average in a Bearish Manner : PAYX-US : March 29, 2017
us.rd.yahoo.com - March 29 at 9:11 AM
us.rd.yahoo.com logoPaychex, Inc. Reports Third Quarter Results
us.rd.yahoo.com - March 29 at 9:11 AM
us.rd.yahoo.com logo8:33 am Paychex beats by $0.01, reports revs in-line; reaffirms FY17 guidance
us.rd.yahoo.com - March 29 at 9:11 AM
americanbankingnews.com logoPaychex, Inc. (PAYX) Set to Announce Earnings on Wednesday
www.americanbankingnews.com - March 28 at 7:44 AM
nasdaq.com logoPaychex (PAYX) Shares Cross 3% Yield Mark - Nasdaq
www.nasdaq.com - March 27 at 6:36 PM
finance.yahoo.com logoPaychex (PAYX) Set to Report Q3 Earnings: What to Expect?
finance.yahoo.com - March 27 at 9:50 AM
americanbankingnews.com logoPaychex's (PAYX) Sell Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - March 27 at 7:40 AM
americanbankingnews.com logoJefferies Group LLC Reiterates Sell Rating for Paychex, Inc. (PAYX)
www.americanbankingnews.com - March 25 at 7:37 PM
finance.yahoo.com logoQ1 Earnings Season Preview
finance.yahoo.com - March 24 at 6:59 PM
finance.yahoo.com logoWhy health care's failure clears the way for Trump's agen...
finance.yahoo.com - March 24 at 6:59 PM
cnbc.com logoCramer's game plan: Why the health care failure clears the way for Trump's agenda
www.cnbc.com - March 24 at 6:59 PM
americanbankingnews.com logoPaychex, Inc. (PAYX) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - March 24 at 1:55 PM
finance.yahoo.com logoSurePayroll Wins Silver Stevie® Award For Contact Center Of The Year In 11th Annual Stevie Awards For Sales & Customer Service
finance.yahoo.com - March 22 at 7:08 PM
bizjournals.com logoTechnical Reports on Staffing and Outsourcing Equities -- Paychex, Robert Half, ManpowerGroup, and Korn/Ferry
www.bizjournals.com - March 21 at 11:08 AM
finance.yahoo.com logoPaychex Provides 401(k) Plan Sponsors Greater Choice and Flexibility with New Fiduciary Investment Solutions
finance.yahoo.com - March 20 at 5:13 PM
bizjournals.com logoForbes: Eight of the world’s billionaires call Tampa Bay home
www.bizjournals.com - March 20 at 5:13 PM
finance.yahoo.com logoPaychex, Inc. Schedules Third Quarter Fiscal 2017 Earnings Release Conference Call for March 29, 2017
finance.yahoo.com - March 15 at 7:19 PM

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Frequently Asked Questions for Paychex (NASDAQ:PAYX)

What is Paychex's stock symbol?

Paychex trades on the NASDAQ under the ticker symbol "PAYX."

How often does Paychex pay dividends? What is the dividend yield for Paychex?

Paychex declared a quarterly dividend on Friday, January 13th. Investors of record on Wednesday, February 1st will be given a dividend of $0.46 per share on Wednesday, February 15th. This represents a $1.84 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date is Monday, January 30th.

How were Paychex's earnings last quarter?

Paychex, Inc. (NASDAQ:PAYX) posted its quarterly earnings data on Wednesday, March, 29th. The company reported $0.55 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.54 by $0.01. The company earned $795.80 million during the quarter, compared to analyst estimates of $799.08 million. Paychex had a net margin of 25.40% and a return on equity of 41.00%. The business's quarterly revenue was up 5.7% on a year-over-year basis. During the same period in the previous year, the company posted $0.50 earnings per share.

When will Paychex make its next earnings announcement?

Paychex is scheduled to release their next quarterly earnings announcement on Wednesday, June, 28th 2017.

Where is Paychex's stock going? Where will Paychex's stock price be in 2017?

13 analysts have issued 12-month price objectives for Paychex's shares. Their predictions range from $48.00 to $70.00. On average, they expect Paychex's share price to reach $59.17 in the next year.

Who owns Paychex stock?

Paychex's stock is owned by many different of institutional and retail investors. Top institutional investors include Confluence Investment Management LLC (0.41%), Welch & Forbes LLC (0.20%), GW&K Investment Management LLC (0.17%), Marathon Asset Management LLP (0.17%), UMB Bank N A MO (0.11%) and Sabal Trust CO (0.11%). Company insiders that own Paychex stock include David J S Flaschen, Efrain Rivera, Grant M Inman, Jennifer R Vossler, John B Gibson, Joseph Doody, Joseph M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja, Pamela A Joseph and Stephanie L Schaeffer.

Who sold Paychex stock? Who is selling Paychex stock?

Paychex's stock was sold by a variety of institutional investors in the last quarter, including Beacon Financial Group, Advisors Capital Management LLC, Bank of Montreal Can, Hartford Investment Management Co., State of Alaska Department of Revenue, Janney Capital Management LLC, Sabal Trust CO and Livforsakringsbolaget Skandia Omsesidigt. Company insiders that have sold Paychex stock in the last year include David J S Flaschen, Efrain Rivera, Jennifer R Vossler, John B Gibson, Joseph Doody, Joseph M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja, Pamela A Joseph and Stephanie L Schaeffer.

Who bought Paychex stock? Who is buying Paychex stock?

Paychex's stock was bought by a variety of institutional investors in the last quarter, including Confluence Investment Management LLC, Wealth Enhancement Advisory Services LLC, Marathon Asset Management LLP, Anderson Hoagland & Co., Russell Investments Group Ltd., Korea Investment CORP, GW&K Investment Management LLC and Nikko Asset Management Americas Inc..

How do I buy Paychex stock?

Shares of Paychex can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Paychex stock cost?

One share of Paychex stock can currently be purchased for approximately $59.85.

Paychex (PAYX) Chart for Friday, April, 28, 2017

This page was last updated on 4/28/2017 by MarketBeat.com Staff