Paychex Company Profile (NASDAQ:PAYX)

About Paychex

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: $60.27
  • 50 Day Moving Average: $59.99
  • 200 Day Moving Average: $56.47
  • 52-Week Range: $45.76 - $61.87
  • Trailing P/E Ratio: 27.64
  • Foreward P/E Ratio: 23.96
  • P/E Growth: 2.84
  • Market Cap: $20.82B
  • Outstanding Shares: 360,532,000
  • Beta: 0.82
  • Net Margins: 25.64%
  • Return on Equity: 39.54%
  • Return on Assets: 11.53%
  • Current Ratio: 1.11%
  • Quick Ratio: 1.11%
Additional Links:
Companies Related to Paychex:

Analyst Ratings

Consensus Ratings for Paychex (NASDAQ:PAYX) (?)
Ratings Breakdown: 7 Sell Ratings, 5 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 1.64)
Consensus Price Target: $53.42 (7.10% downside)

Analysts' Ratings History for Paychex (NASDAQ:PAYX)
DateFirmActionRatingPrice TargetDetails
9/8/2016WedbushInitiated CoverageNeutral$65.00View Rating Details
8/23/2016Morgan StanleyReiterated RatingUnderweight$49.00View Rating Details
7/12/2016Sanford C. BernsteinReiterated RatingUnderperform$40.00 -> $52.00View Rating Details
7/6/2016Deutsche Bank AGReiterated RatingHold$51.00 -> $56.00View Rating Details
7/5/2016Jefferies GroupReiterated RatingUnderperform$40.00View Rating Details
7/5/2016BMO Capital MarketsReiterated RatingMarket Perform$55.00 -> $58.00View Rating Details
7/1/2016ArgusReiterated RatingIn-Line -> Buy$59.50 -> $70.00View Rating Details
5/16/2016Sterne Agee CRTReiterated RatingNeutralView Rating Details
4/15/2016Compass PointInitiated CoverageSell$45.00View Rating Details
4/3/2016Oppenheimer Holdings Inc.Reiterated RatingBuyView Rating Details
4/3/2016Royal Bank Of CanadaReiterated RatingSell$50.00View Rating Details
3/31/2016Bank of America Corp.Reiterated RatingSell$50.00View Rating Details
3/31/2016Robert W. BairdReiterated RatingHoldView Rating Details
3/31/2016Citigroup Inc.Boost Price TargetSell$48.00 -> $49.00View Rating Details
8/14/2015JPMorgan Chase & Co.Reiterated RatingNeutral$48.00 -> $52.00View Rating Details
7/16/2015Goldman Sachs Group Inc.DowngradeBuy -> Neutral$55.00 -> $52.00View Rating Details
12/22/2014William BlairReiterated RatingOutperformView Rating Details
11/21/2014Topeka Capital MarketsInitiated CoverageSell$43.00View Rating Details
(Data available from 9/28/2014 forward)


Earnings History for Paychex (NASDAQ:PAYX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
9/28/2016Q117$0.57$0.60$782.80 million$785.50 millionViewN/AView Earnings Details
6/30/2016Q416$0.49$0.49$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$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$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$676.30 millionViewN/AView Earnings Details
9/24/2014Q115$0.46$0.47$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)


Earnings Estimates for Paychex (NASDAQ:PAYX)
Current Year EPS Consensus Estimate: $2.21 EPS
Next Year EPS Consensus Estimate: $2.40 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163$0.49$0.51$0.50
Q2 20164$0.49$0.50$0.49
Q3 20163$0.57$0.57$0.57
Q4 20163$0.56$0.57$0.57
Q1 20173$0.56$0.57$0.56
Q2 20174$0.53$0.56$0.55
Q3 20173$0.53$0.60$0.56
Q4 20173$0.53$0.59$0.55
Q3 20181$0.59$0.59$0.59
Q4 20181$0.60$0.60$0.60
(Data provided by Zacks Investment Research)


Current Dividend Information for Paychex (NASDAQ:PAYX)
Annual Dividend:$1.84
Dividend Yield:3.20%
Dividend Growth:-6.40% (3 Year Average)
Payout Ratio:88.04% (Based on Trailing 12 Months of Earnings)
83.26% (Based on Current Year Consensus EPS Estimate)
76.67% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Paychex (NASDAQ:PAYX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Paychex (NASDAQ:PAYX)
Insider Ownership Percentage: 11.60%
Institutional Ownership Percentage: 69.31%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
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)


Latest Headlines for Paychex (NASDAQ:PAYX)
DateHeadline logoPaychex, Inc. : Reports First Quarter Results (NASDAQ:PAYX) - September 28 at 11:43 AM logoPaychex Inc. Q1 Income Rises 4% (NASDAQ:PAYX) - September 28 at 11:43 AM
News IconPaychex Profit Rises 4% as Client Base Continues to Grow--Update (NASDAQ:PAYX) - September 28 at 11:43 AM logoPaychex Inc. (PAYX) Is Declining Despite Solid Q1 Report (NASDAQ:PAYX) - September 28 at 11:43 AM logoPaychex's (PAYX) Q1 Earnings & Revenues Surpass Estimates (NASDAQ:PAYX) - September 28 at 11:43 AM logoPaychex Reports First Quarter Results (NASDAQ:PAYX) - September 28 at 11:43 AM
News IconPaychex Earnings Fail to Impress Investors (NASDAQ:PAYX) - September 28 at 11:43 AM logoPaychex, Inc. – Value Analysis (NASDAQ:PAYX) : September 27, 2016 (NASDAQ:PAYX) - September 27 at 11:17 AM
News IconAnalysts Valuations For Two Stocks: Apache Corp. (NYSE:APA), Paychex, Inc. (NASDAQ:PAYX) - The Voice Registrar (NASDAQ:PAYX) - September 26 at 6:46 PM
News IconPaychex, Inc. (NASDAQ:PAYX) Earnings Preview: Should Investors ... - The Voice Registrar (NASDAQ:PAYX) - September 26 at 6:46 PM logoWill Paychex (PAYX) Post Strong Q1 Results? (NASDAQ:PAYX) - September 26 at 6:46 PM logoPaychex, Inc. breached its 50 day moving average in a Bearish Manner : PAYX-US : September 26, 2016 (NASDAQ:PAYX) - September 26 at 11:28 AM logoPaychex (PAYX) to Report Q1 Earnings: What's in the Cards? (NASDAQ:PAYX) - September 26 at 11:28 AM logoPaychex Announces Same Day ACH Functionality, Offering Clients Greater Pay Day Flexibility than Ever Before (NASDAQ:PAYX) - September 23 at 11:25 AM
News IconPaychex, Inc. (NASDAQ: PAYX) – Is this large market cap stock undervalued? - The Daily Leicester (NASDAQ:PAYX) - September 21 at 10:45 AM logoPaychex, Inc.: PAYX Stock Looking Strong for Income Investors - Income Investors (NASDAQ:PAYX) - September 21 at 10:45 AM logoPaychex Small Business Snapshot: Many Business Owners Remain Unaware of the DOL's Final Overtime Rule (NASDAQ:PAYX) - September 20 at 11:57 AM logoPaychex Small Business Snapshot: Many Business Owners Remain Unaware of the DOL’s Final Overtime Rule (NASDAQ:PAYX) - September 20 at 11:57 AM
News IconHigh Market Cap Stock of the Day – Paychex, Inc. (NASDAQ:PAYX) (NASDAQ:PAYX) - September 19 at 6:39 PM
News IconServices Stocks To Look Out For: Paychex, Inc. (PAYX), Tractor ... - The Independent Republic (NASDAQ:PAYX) - September 16 at 6:27 PM
News IconTop Earnings to Watch for: Paychex, Inc. (NASDAQ:PAYX) - The Voice Registrar (NASDAQ:PAYX) - September 16 at 6:27 PM logoPaychex, Inc. Schedules First Quarter Fiscal 2017 Earnings Release Conference ... (NASDAQ:PAYX) - September 15 at 6:45 PM
News IconAnalysts Place Paychex, Inc. (NASDAQ:PAYX) Under the Lens of the Microscope - Post News (NASDAQ:PAYX) - September 15 at 10:10 AM logoPaychex, Inc. Schedules First Quarter Fiscal 2017 Earnings Release Conference Call for September 28, 2016 (NASDAQ:PAYX) - September 14 at 6:49 PM
News IconHot Watch List After Analysts Reviews- Paychex, Inc. (NASDAQ:PAYX), KAR Auction Services, Inc. (NYSE:KAR) - Seneca Globe (NASDAQ:PAYX) - September 14 at 10:58 AM
News IconHigh Falls Advisors Inc buys $894,687 stake in Paychex (PAYX) (NASDAQ:PAYX) - September 10 at 10:54 AM
News IconThursday Trading Session Review: Paychex, Inc. (NASDAQ:PAYX) - National Daily Press (NASDAQ:PAYX) - September 9 at 6:19 PM logoCoverage initiated on Paychex by Wedbush (NASDAQ:PAYX) - September 9 at 11:27 AM
News IconAnalysts Valuations For Two Stocks: Paychex, Inc. (NASDAQ:PAYX), Church & Dwight Co., Inc. (NYSE:CHD) - The Voice Registrar (NASDAQ:PAYX) - September 8 at 6:26 PM logoThe SurePayroll Small Business Scorecard®: Most Still Struggle to Offer, See Value in 401(k)s (NASDAQ:PAYX) - September 7 at 10:12 AM and Paychex Expand Accountant Advisory Program to Include Human Resource Services (NASDAQ:PAYX) - September 7 at 10:12 AM
News IconAnalysts Valuations For Two Stocks: Paychex, Inc. (NASDAQ:PAYX), Xerox Corp (NYSE:XRX) - The Voice Registrar (NASDAQ:PAYX) - September 6 at 6:49 PM logoUSMV, GIS, PAYX, JNJ: Large Outflows Detected at ETF (NASDAQ:PAYX) - September 6 at 11:25 AM logoSmall Business Jobs Index Continues Solid Pace of Employment Gains (NASDAQ:PAYX) - September 6 at 11:25 AM logoPaychex Announces Expanded Time and Attendance Portfolio in Conjunction with National Payroll Week (NASDAQ:PAYX) - September 6 at 11:25 AM
News IconIs Paychex, Inc.(NASDAQ: PAYX), a large market cap stock a smart ... - The Daily Leicester (NASDAQ:PAYX) - September 3 at 10:55 AM
News IconAnalysts Valuations For Two Stocks: Paychex, Inc. (NASDAQ:PAYX), Energy Transfer Partners LP (NYSE:ETP) - The Voice Registrar (NASDAQ:PAYX) - September 1 at 6:40 PM
News IconTop Earnings to Watch for: Paychex, Inc. (NASDAQ:PAYX) | Voice ... - The Voice Registrar (NASDAQ:PAYX) - September 1 at 6:40 PM logoETF’s with exposure to Paychex, Inc. : September 1, 2016 (NASDAQ:PAYX) - September 1 at 6:40 PM logoThese Stocks Are Strong September Performers (SO, NIKE) (NASDAQ:PAYX) - September 1 at 9:50 AM logoCalifornia nearing 5-year low in rate of small business job growth (NASDAQ:PAYX) - August 31 at 10:19 AM logoSmall Business Employment Up Slightly in August, Paychex (PAYX) CEO Mucci Tells CNBC (NASDAQ:PAYX) - August 30 at 6:40 PM
News IconStock Up Over the Past Five Trading Days: Paychex, Inc. (NASDAQ:PAYX) - Post News (NASDAQ:PAYX) - August 30 at 10:00 AM
News IconToday's Top Gainers in the Market Paychex, Inc. (NASDAQ:PAYX) from Services - The Daily Leicester (NASDAQ:PAYX) - August 30 at 10:00 AM logoSmall business job growth index up slightly in August (NASDAQ:PAYX) - August 30 at 10:00 AM logoSmall business hiring up 0.02% in August (NASDAQ:PAYX) - August 30 at 10:00 AM logoUSMV, GIS, PAYX, PEP: Large Outflows Detected at ETF (NASDAQ:PAYX) - August 29 at 6:29 PM logoCommit To Buy Paychex At $50, Earn 3.6% Using Options (NASDAQ:PAYX) - August 26 at 6:27 PM logoThe New #4 Most Shorted Nasdaq 100 Component: Paychex (NASDAQ:PAYX) - August 25 at 3:13 PM logoMorgan Stanley Doesn't Accept Western Union Or Paychex, Remains Underweight On Both (NASDAQ:PAYX) - August 24 at 9:47 AM


Paychex (NASDAQ:PAYX) Chart for Wednesday, September, 28, 2016

Last Updated on 9/28/2016 by Staff