NASDAQ:PAYX - Paychex Stock Price, News, & Analysis

$86.36
-0.50 (-0.58 %)
(As of 06/19/2019 11:07 AM ET)
Today's Range
$86.31
Now: $86.36
$87.26
50-Day Range
$81.97
MA: $85.75
$87.95
52-Week Range
$61.32
Now: $86.36
$88.43
Volume16,813 shs
Average Volume1.57 million shs
Market Capitalization$31.01 billion
P/E Ratio33.95
Dividend Yield2.87%
Beta0.96
Paychex, Inc provides payroll, human resource (HR), retirement, 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. Read More…

Industry, Sector and Symbol

Industry Engineering, accounting, research, management & related services
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
Current SymbolNASDAQ:PAYX
CUSIP70432610
Phone585-385-6666

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$3.38 billion
Cash Flow$3.1290 per share
Book Value$5.64 per share

Profitability

Net Income$933.70 million

Miscellaneous

Employees14,300
Market Cap$31.01 billion
Next Earnings Date6/26/2019 (Confirmed)
OptionableOptionable

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Paychex (NASDAQ:PAYX) Frequently Asked Questions

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 announced a quarterly dividend on Friday, May 3rd. Stockholders of record on Wednesday, May 15th will be given a dividend of $0.62 per share on Thursday, May 30th. This represents a $2.48 annualized dividend and a dividend yield of 2.87%. The ex-dividend date is Tuesday, May 14th. This is an increase from Paychex's previous quarterly dividend of $0.56. View Paychex's Dividend History.

How were Paychex's earnings last quarter?

Paychex, Inc. (NASDAQ:PAYX) released its earnings results on Wednesday, March, 27th. The business services provider reported $0.89 EPS for the quarter, meeting the Zacks' consensus estimate of $0.89. The business services provider had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.07 billion. Paychex had a return on equity of 43.20% and a net margin of 28.19%. The business's quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.63 EPS. View Paychex's Earnings History.

When is Paychex's next earnings date?

Paychex is scheduled to release their next quarterly earnings announcement on Wednesday, June 26th 2019. View Earnings Estimates for Paychex.

How can I listen to Paychex's earnings call?

Paychex will be holding an earnings conference call on Wednesday, June 26th at 9:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8665041835.

What guidance has Paychex issued on next quarter's earnings?

Paychex issued an update on its FY 2019 earnings guidance on Wednesday, March, 27th. The company provided earnings per share (EPS) guidance of $2.83-2.86 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.85. The company issued revenue guidance of $3.583754-3.617563 billion, compared to the consensus revenue estimate of $3.78 billion.

What price target have analysts set for PAYX?

16 brokers have issued 12 month target prices for Paychex's stock. Their forecasts range from $65.00 to $84.00. On average, they anticipate Paychex's share price to reach $74.1429 in the next twelve months. This suggests that the stock has a possible downside of 14.1%. View Analyst Price Targets for Paychex.

What is the consensus analysts' recommendation for Paychex?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paychex in the last year. There are currently 2 sell ratings, 13 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paychex.

Has Paychex been receiving favorable news coverage?

Media stories about PAYX stock have been trending somewhat positive on Wednesday, according to InfoTrie Sentiment. The research firm identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Paychex earned a coverage optimism score of 1.8 on InfoTrie's scale. They also assigned media coverage about the business services provider a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near future. View News Stories for Paychex.

Are investors shorting Paychex?

Paychex saw a increase in short interest in May. As of May 15th, there was short interest totalling 11,162,200 shares, an increase of 23.7% from the April 15th total of 9,021,000 shares. Based on an average trading volume of 1,780,000 shares, the short-interest ratio is currently 6.3 days. Currently, 3.5% of the shares of the company are sold short. View Paychex's Current Options Chain.

Who are some of Paychex's key competitors?

What other stocks do shareholders of Paychex own?

Who are Paychex's key executives?

Paychex's management team includes the folowing people:
  • Mr. Martin Mucci, Pres, CEO & Director (Age 59)
  • Mr. Efrain Rivera, Sr. VP, CFO & Treasurer (Age 62)
  • Mr. Mark A. Bottini, Sr. VP of Sales (Age 58)
  • Mr. Michael E. Gioja, Sr. VP of Product Devel. & Information Technology (Age 61)
  • Mr. John B. Gibson, Sr. VP of Service (Age 52)

Who are Paychex's major shareholders?

Paychex's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (8.76%), Wells Fargo & Company MN (2.34%), Northern Trust Corp (1.58%), FMR LLC (1.47%), Ronna Sue Cohen (1.11%) and California Public Employees Retirement System (0.60%). 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. View Institutional Ownership Trends for Paychex.

Which institutional investors are selling Paychex stock?

PAYX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Scout Investments Inc., Carillon Tower Advisers Inc., Los Angeles Capital Management & Equity Research Inc., Rhumbline Advisers, Connor Clark & Lunn Investment Management Ltd., Mcdonald Capital Investors Inc. CA and Confluence Investment Management LLC. Company insiders that have sold Paychex company stock in the last year 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. View Insider Buying and Selling for Paychex.

Which institutional investors are buying Paychex stock?

PAYX stock was bought by a variety of institutional investors in the last quarter, including Ronna Sue Cohen, BlackRock Inc., Pennsylvania Trust Co, California Public Employees Retirement System, Janus Henderson Group PLC, BNP Paribas Arbitrage SA, Assenagon Asset Management S.A. and Nordea Investment Management AB. View Insider Buying and Selling for Paychex.

How do I buy shares of Paychex?

Shares of PAYX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Paychex's stock price today?

One share of PAYX stock can currently be purchased for approximately $86.36.

How big of a company is Paychex?

Paychex has a market capitalization of $31.01 billion and generates $3.38 billion in revenue each year. The business services provider earns $933.70 million in net income (profit) each year or $2.55 on an earnings per share basis. Paychex employs 14,300 workers across the globe.View Additional Information About Paychex.

What is Paychex's official website?

The official website for Paychex is http://www.paychex.com/.

How can I contact Paychex?

Paychex's mailing address is 911 PANORAMA TRAIL SOUTH, ROCHESTER NY, 14625. The business services provider can be reached via phone at 585-385-6666.


MarketBeat Community Rating for Paychex (NASDAQ PAYX)

Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  270 (Vote Outperform)
Underperform Votes:  628 (Vote Underperform)
Total Votes:  898
MarketBeat's community ratings are surveys of what our community members think about Paychex and other stocks. Vote "Outperform" if you believe PAYX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PAYX will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/19/2019 by MarketBeat.com Staff

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