Log in

Paychex Stock Price, News & Analysis (NASDAQ:PAYX)

$84.75
-0.11 (-0.13 %)
(As of 10/17/2019 01:47 AM ET)
Today's Range
$84.00
Now: $84.75
$84.85
50-Day Range
$79.72
MA: $82.61
$85.15
52-Week Range
$61.32
Now: $84.75
$88.43
Volume960,380 shs
Average Volume1.83 million shs
Market Capitalization$30.34 billion
P/E Ratio29.84
Dividend Yield2.92%
Beta0.9
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$3.77 billion
Cash Flow$4.01 per share
Book Value$7.29 per share

Profitability

Net Income$1.03 billion

Miscellaneous

Employees15,600
Market Cap$30.34 billion
Next Earnings Date12/18/2019 (Estimated)
OptionableOptionable

Receive PAYX News and Ratings via Email

Sign-up to receive the latest news and ratings for PAYX and its competitors with MarketBeat's FREE daily newsletter.


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 declared a quarterly dividend on Thursday, July 11th. Stockholders of record on Thursday, August 1st will be given a dividend of $0.62 per share on Thursday, August 22nd. This represents a $2.48 annualized dividend and a dividend yield of 2.93%. The ex-dividend date of this dividend is Wednesday, July 31st. View Paychex's Dividend History.

How were Paychex's earnings last quarter?

Paychex, Inc. (NASDAQ:PAYX) announced its quarterly earnings results on Wednesday, October, 2nd. The business services provider reported $0.71 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.69 by $0.02. The business services provider earned $992 million during the quarter, compared to the consensus estimate of $991.70 million. Paychex had a return on equity of 41.07% and a net margin of 27.04%. The business's revenue was up 15.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.67 earnings per share. View Paychex's Earnings History.

When is Paychex's next earnings date?

Paychex is scheduled to release their next quarterly earnings announcement on Wednesday, December 18th 2019. View Earnings Estimates for Paychex.

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

Paychex updated its FY 2020 earnings guidance on Wednesday, October, 2nd. The company provided earnings per share (EPS) guidance of $3.10-3.10 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.09.

What price target have analysts set for PAYX?

9 brokerages have issued 1 year price objectives for Paychex's shares. Their predictions range from $68.00 to $92.00. On average, they anticipate Paychex's share price to reach $79.33 in the next twelve months. This suggests that the stock has a possible downside of 6.4%. View Analyst Price Targets for Paychex.

What is the consensus analysts' recommendation for Paychex?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paychex in the last year. There are currently 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Paychex.

Has Paychex been receiving favorable news coverage?

Press coverage about PAYX stock has trended negative this week, InfoTrie Sentiment reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Paychex earned a media sentiment score of -2.3 on InfoTrie's scale. They also gave news articles 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 company's share price in the near term. View News Stories for Paychex.

Are investors shorting Paychex?

Paychex saw a decline in short interest in the month of September. As of September 30th, there was short interest totalling 11,140,000 shares, a decline of 6.8% from the August 30th total of 11,950,000 shares. Based on an average trading volume of 1,650,000 shares, the short-interest ratio is currently 6.8 days. Currently, 3.5% of the company's shares 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?

Based on aggregate information from My MarketBeat watchlists, some companies that other Paychex investors own include General Electric (GE), Johnson & Johnson (JNJ), Cisco Systems (CSCO), Intel (INTC), Verizon Communications (VZ), Reaves Utility Income Fund (UTG), Arrow Financial (AROW), Pfizer (PFE), Costco Wholesale (COST) and AT&T (T).

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 a variety of of retail and institutional investors. Top institutional investors include Confluence Investment Management LLC (0.46%), Welch & Forbes LLC (0.16%), Assenagon Asset Management S.A. (0.14%), Sabal Trust CO (0.08%), Gateway Investment Advisers LLC (0.06%) and Scout Investments Inc. (0.05%). 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, Robert L Schrader and Stephanie L Schaeffer. View Institutional Ownership Trends for Paychex.

Which major investors are selling Paychex stock?

PAYX stock was sold by a variety of institutional investors in the last quarter, including Decatur Capital Management Inc., Welch & Forbes LLC, Gateway Investment Advisers LLC, Scout Investments Inc., Confluence Investment Management LLC, Affiance Financial LLC, Sabal Trust CO and North Star Investment Management Corp.. Company insiders that have sold Paychex company stock in the last year include David J S Flaschen, Efrain Rivera, Jennifer R Vossler, Joseph Doody, Joseph M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja, Pamela A Joseph, Robert L Schrader and Stephanie L Schaeffer. View Insider Buying and Selling for Paychex.

Which major investors are buying Paychex stock?

PAYX stock was purchased by a variety of institutional investors in the last quarter, including Assenagon Asset Management S.A., Crossmark Global Holdings Inc., Sonora Investment Management LLC, Burns J W & Co. Inc. NY, Pacer Advisors Inc., YHB Investment Advisors Inc., Birch Hill Investment Advisors LLC and Keystone Financial Planning Inc.. 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, Robinhood, Fidelity and Charles Schwab.

What is Paychex's stock price today?

One share of PAYX stock can currently be purchased for approximately $84.75.

How big of a company is Paychex?

Paychex has a market capitalization of $30.34 billion and generates $3.77 billion in revenue each year. The business services provider earns $1.03 billion in net income (profit) each year or $2.84 on an earnings per share basis. Paychex employs 15,600 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:  286 (Vote Outperform)
Underperform Votes:  648 (Vote Underperform)
Total Votes:  934
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 10/17/2019 by MarketBeat.com Staff

Featured Article: Strangles

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel