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: $55.57
  • 50 Day Moving Average: $57.78
  • 200 Day Moving Average: $56.86
  • 52-Week Range: $45.76 - $61.87
  • Trailing P/E Ratio: 26.26
  • Foreward P/E Ratio: 23.15
  • P/E Growth: 2.61
  • Market Cap: $20.04B
  • Outstanding Shares: 361,651,000
  • Beta: 0.87
  • Net Margins: 25.38%
  • Return on Equity: 40.10%
  • Return on Assets: 11.94%
  • Current Ratio: 1.16%
  • Quick Ratio: 1.16%
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 (3.87% 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 10/27/2014 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: $2.23 EPS
Next Year EPS Consensus Estimate: $2.4 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$0.54$0.56$0.55
Q3 20173$0.53$0.60$0.55
Q4 20173$0.53$0.59$0.55
Q3 20181$0.58$0.58$0.58
Q4 20181$0.59$0.59$0.59
(Data provided by Zacks Investment Research)


Current Dividend Information for Paychex (NASDAQ:PAYX)
Annual Dividend:$1.84
Dividend Yield:3.31%
Dividend Growth:-6.40% (3 Year Average)
Payout Ratio:87.20% (Based on Trailing 12 Months of Earnings)
82.51% (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: 69.37%
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)
News IconPaychex, Inc. (NASDAQ:PAYX) current consensus investment analysts is to Hold - The Independent Republic (NASDAQ:PAYX) - October 26 at 6:45 PM logoEnhanced Paychex Affordable Care Act Solution to Reduce Administrative Burden for Clients in 2016 (NASDAQ:PAYX) - October 26 at 10:03 AM logoThe SurePayroll Small Business Scorecard®: Business Owners' Mood Turns Dark (NASDAQ:PAYX) - October 25 at 6:42 PM logoCountdown to Election Day: Paychex Identifies Top Regulatory Issues Impacting Small Businesses (NASDAQ:PAYX) - October 25 at 11:51 AM
News IconPay Close Attention To These Analyst Ratings: Paychex, Inc. (NASDAQ:PAYX), Walgreens Boots Alliance, Inc ... - The Voice Registrar (NASDAQ:PAYX) - October 21 at 10:09 AM
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News IconToday's Top Gainers in the Market Paychex, Inc. (NASDAQ:PAYX) from Services - The Daily Leicester (NASDAQ:PAYX) - October 19 at 7:01 PM
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News IconHigh Market Cap Stock of the Day – Paychex, Inc. (NASDAQ:PAYX) (NASDAQ:PAYX) - October 13 at 6:49 PM
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News Icon2 Stocks Attracting Analyst Attention: Paychex, Inc. (NASDAQ:PAYX), Vantiv Inc (NYSE:VNTV) - The Voice Registrar (NASDAQ:PAYX) - October 11 at 6:59 PM
News IconIs Paychex, Inc.(NASDAQ: PAYX), a large market cap stock a smart ... - The Daily Leicester (NASDAQ:PAYX) - October 7 at 11:50 AM
News IconNoteworthy Analyst Ratings of Two Stocks Omnicom Group Inc. (NYSE:OMC), Paychex, Inc. (NASDAQ:PAYX) - The Voice Registrar (NASDAQ:PAYX) - October 7 at 11:50 AM
News IconPaychex, Inc.'s (PAYX): Hot Stock Alert - Hot Stocks Point (NASDAQ:PAYX) - October 7 at 11:50 AM logoPAYCHEX INC Financials (NASDAQ:PAYX) - October 6 at 6:29 PM logoThe SurePayroll Small Business Scorecard®: What's the Worst Thing About Owning a Business? (NASDAQ:PAYX) - October 6 at 12:10 PM logoPaychex, Inc. : PAYX-US: Dividend Analysis : August 01st, 2016 (record date) : By the numbers : October 5, 2016 (NASDAQ:PAYX) - October 5 at 6:32 PM logoPaychex Puts the Power of Data in Focus With Enhanced Analytics Through Paychex Flex(R) (NASDAQ:PAYX) - October 5 at 11:55 AM logoPaychex Puts the Power of Data in Focus with Enhanced Analytics Through Paychex Flex® (NASDAQ:PAYX) - October 5 at 11:55 AM logoDividend Buzz: Paychex, Inc. (NASDAQ:PAYX) Per-Share Dividend Payout At $0.46 - Stocks Daily (NASDAQ:PAYX) - October 4 at 6:15 PM
News IconLook closely Shares of Paychex, Inc. (NASDAQ:PAYX) | Hot Stocks ... - Hot Stocks Point (NASDAQ:PAYX) - October 4 at 6:15 PM
News IconPay Close Attention To These Analyst Ratings Paychex, Inc. (NASDAQ:PAYX), American International Group Inc ... - The Voice Registrar (NASDAQ:PAYX) - October 4 at 6:15 PM
News IconPaychex, Inc. (NASDAQ:PAYX) & Bristol-Myers Squibb Co (NYSE ... - Money News (NASDAQ:PAYX) - October 3 at 6:15 PM logoETF’s with exposure to Paychex, Inc. : October 3, 2016 (NASDAQ:PAYX) - October 3 at 11:19 AM
News IconEquities Analysts Issue Forecasts for Paychex Inc.’s Q2 2017 Earnings (PAYX) (NASDAQ:PAYX) - October 2 at 10:44 AM logoPaychex: No Good Deed Goes Unpunished - Seeking Alpha (NASDAQ:PAYX) - October 1 at 11:57 AM logoPAYCHEX INC Files SEC form 10-Q, Quarterly Report (NASDAQ:PAYX) - September 30 at 6:47 PM logoPaychex Inc. (PAYX) Fell To A 3-Month Low Following Q1 Report (NASDAQ:PAYX) - September 30 at 11:55 AM logoPaychex, Inc. : Schedules Webcast of Its 2016 Annual Meeting of Stockholders (NASDAQ:PAYX) - September 30 at 11:55 AM logoUSMV, PAYX, PG, T: Large Inflows Detected at ETF (NASDAQ:PAYX) - September 30 at 11:55 AM logoPaychex, Inc. Schedules Webcast of Its 2016 Annual Meeting of Stockholders (NASDAQ:PAYX) - September 30 at 11:55 AM
News IconPost Earnings Coverage as Paychex Reports Better than Expected Q1 Earnings Numbers (NASDAQ:PAYX) - September 30 at 11:55 AM logoPaychex, Inc. :PAYX-US: Earnings Analysis: Q1, 2017 By the Numbers : September 30, 2016 (NASDAQ:PAYX) - September 30 at 11:55 AM
News IconPaychex Profit Rises 4% as Client Base Continues to Grow (NASDAQ:PAYX) - September 29 at 6:37 PM logoPaychex, Inc. (PAYX) – Citigroup Holds Rating And Sets New Price Target (NASDAQ:PAYX) - September 29 at 6:37 PM
News IconStocks Spill on Novel Concerns- Paychex, Inc. (NASDAQ:PAYX), Avis Budget Group (NASDAQ:CAR) - Seneca Globe (NASDAQ:PAYX) - September 29 at 11:50 AM logoKeep an Eye on These 7 Stocks for September 28, 2016 - Benzinga (NASDAQ:PAYX) - September 29 at 11:50 AM
News IconChart Mover of The Day: After Forming Bullish Multiple Top Chart ... - Chester News (NASDAQ:PAYX) - September 29 at 11:50 AM
News IconPaychex, Inc. (NASDAQ:PAYX) Insider Trading Report - Newburgh Press (NASDAQ:PAYX) - September 29 at 11:50 AM logoJim Cramer's Top Takeaways: Nike, Newell Brands, Paychex, Radius Health (NASDAQ:PAYX) - September 29 at 11:50 AM logoPaychex to Unveil Enhancements to Mobile User Experience, HR Analytics at HR Technology Conference (NASDAQ:PAYX) - September 29 at 11:50 AM
News IconPaychex revenue up 9%, cites strong demand for PEO (NASDAQ:PAYX) - September 28 at 6:27 PM logoPaychex : tops Street 1Q forecasts (NASDAQ:PAYX) - September 28 at 6:27 PM
News IconPaychex Quarterly Profit Rises (NASDAQ:PAYX) - September 28 at 6:27 PM


Paychex (NASDAQ:PAYX) Chart for Thursday, October, 27, 2016

Last Updated on 10/27/2016 by Staff