Paychex, Inc. provides payroll, human resource (HR), retirement, and insurance services for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides HR outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, commercial auto, and health and benefits coverage, including health, dental, vision, and life; cloud-based HR administration software products for employee benefits management and administration, time and attendance, and recruiting solutions; and other HR services and products, such as employee handbooks, management manuals, and personnel and required regulatory forms. Further, it provides various accounting and financial services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and various services, such as payment processing services, financial fitness programs, and a small-business loan resource center. Paychex, Inc. markets its products and services through direct sales force. The company was founded in 1979 and is headquartered in Rochester, New York.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Engineering, accounting, research, management & related services
Sub-IndustryData Processing & Outsourced Services
SectorBusiness Services
SymbolNASDAQ:PAYX
CUSIP70432610
Phone585-385-6666
Debt
Debt-to-Equity RatioN/A
Current Ratio1.09
Quick Ratio1.09
Price-To-Earnings
Trailing P/E Ratio27.74
Forward P/E Ratio24.81
P/E Growth3.05
Sales & Book Value
Annual Sales$3.38 billion
Price / Sales7.48
Cash Flow$3.1012 per share
Price / Cash22.72
Book Value$5.64 per share
Price / Book12.49
Profitability
EPS (Most Recent Fiscal Year)$2.55
Net Income$933.70 million
Net Margins27.62%
Return on Equity44.29%
Return on Assets11.94%
Miscellaneous
Employees14,300
Outstanding Shares359,000,000
Market Cap$25.50 billion
Which major investors are selling Paychex stock?
PAYX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Voya Investment Management LLC, Select Equity Group L.P., Morgan Stanley, FMR LLC, American International Group Inc., Federated Investors Inc. PA and Los Angeles Capital Management & Equity Research Inc.. 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 M Tucci, Joseph M Velli, Laurie L Zaucha, Mark Anthony Bottini, Martin Mucci, Michael E Gioja and Stephanie L Schaeffer. View Insider Buying and Selling for Paychex.
