NASDAQ:PAYX - Paychex Stock Price, News, & Analysis Sign in or create an account to add this stock to your watchlist. Get Started $68.85 +0.91 (+1.34 %) (As of 11/16/2018 04:00 PM ET)Previous Close$67.94Today's Range$67.33 - $69.0352-Week Range$59.36 - $76.02Volume1.98 million shsAverage Volume2.21 million shsMarket Capitalization$24.33 billionP/E Ratio26.97Dividend Yield3.36%Beta1.02 ProfileDiscussionAnalyst RatingsChartDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Share on FacebookShare on TwitterShare on LinkedInShare on RedditShare on StocktwitsPrint this articleShare by Email 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. It also provides HR outsourcing services, including 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, and commercial auto, as well as 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, recruiting, and onboarding 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. The company markets its products and services through direct sales force. Paychex, Inc. was founded in 1979 and is headquartered in Rochester, New York. 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. Industry, Sector and Symbol Stock Exchange NASDAQ Industry Engineering, accounting, research, management & related services Sub-IndustryData Processing & Outsourced Services SectorBusiness Services Current SymbolNASDAQ:PAYX Previous Symbol CUSIP70432610 Webwww.paychex.com Phone585-385-6666 Debt Debt-to-Equity RatioN/A Current Ratio1.15 Quick Ratio1.15 Price-To-Earnings Trailing P/E Ratio26.97 Forward P/E Ratio24.16 P/E Growth2.8 Sales & Book Value Annual Sales$3.38 billion Price / Sales7.31 Cash Flow$3.1772 per share Price / Cash21.67 Book Value$5.64 per share Price / Book12.21 Profitability EPS (Most Recent Fiscal Year)$2.55 Net Income$933.70 million Net Margins27.71% Return on Equity42.87% Return on Assets12.44% Miscellaneous Employees14,300 Outstanding Shares359,080,000Market Cap$24.33 billion OptionableOptionable 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 Thursday, October 11th. Investors of record on Thursday, November 1st will be given a dividend of $0.56 per share on Thursday, November 15th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 3.25%. The ex-dividend date is Wednesday, October 31st. View Paychex's Dividend History. How were Paychex's earnings last quarter? Paychex, Inc. (NASDAQ:PAYX) released its quarterly earnings data on Tuesday, October, 2nd. The business services provider reported $0.67 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.65 by $0.02. The business services provider earned $862.80 million during the quarter, compared to the consensus estimate of $850.39 million. Paychex had a net margin of 27.71% and a return on equity of 42.87%. The company's revenue for the quarter was up 8.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.62 EPS. View Paychex's Earnings History. When is Paychex's next earnings date? Paychex is scheduled to release their next quarterly earnings announcement on Thursday, December 20th 2018. View Earnings Estimates for Paychex. What guidance has Paychex issued on next quarter's earnings? Paychex updated its FY19 earnings guidance on Tuesday, October, 2nd. The company provided earnings per share (EPS) guidance of +11% to ~$2.83 for the period, compared to the Thomson Reuters consensus estimate of $2.85. What price target have analysts set for PAYX? 16 Wall Street analysts have issued 12 month target prices for Paychex's shares. Their forecasts range from $63.00 to $82.00. On average, they expect Paychex's share price to reach $72.9333 in the next year. This suggests a possible upside of 5.9% from the stock's current price. 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? Headlines about PAYX stock have trended somewhat positive recently, according to InfoTrie. InfoTrie rates the sentiment of press coverage by reviewing more than six thousand news and blog sources. 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 media sentiment score of 1.5 on InfoTrie's scale. They also assigned news 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 effect on the stock's share price in the next several days. Who are some of Paychex's key competitors? Some companies that are related to Paychex include Automatic Data Processing (ADP), S&P Global (SPGI), Recruit (RCRRF), Waste Management (WM), Fidelity National Information Servcs (FIS), Fiserv (FISV), Thomson Reuters (TRI), Worldpay (WP), EXPERIAN PLC/ADR (EXPGY), Republic Services (RSG), Iqvia (IQV), Capgemini (CGEMY), Waste Connections (WCN), IHS Markit (INFO) and Verisk Analytics (VRSK). Who are Paychex's key executives? Paychex's management team includes the folowing people: Mr. Martin Mucci, Pres, CEO & Director (Age 58)Mr. Efrain Rivera, Sr. VP, CFO & Treasurer (Age 61)Mr. Mark A. Bottini, Sr. VP of Sales (Age 57)Mr. Michael E. Gioja, Sr. VP of Product Devel. & Information Technology (Age 60)Mr. John B. Gibson, Sr. VP of Service (Age 51) Who are Paychex's major shareholders? Paychex's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.37%), Bank of New York Mellon Corp (2.36%), Wells Fargo & Company MN (2.35%), Select Equity Group L.P. (1.93%), American International Group Inc. (1.83%) and Glenmede Trust Co. NA (1.77%). 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 major investors are selling Paychex stock? PAYX stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Select Equity Group L.P., Bahl & Gaynor Inc., TIAA CREF Investment Management LLC, Paragon Capital Management LLC, Mitsubishi UFJ Trust & Banking Corp, Schroder Investment Management Group and The Manufacturers Life Insurance Company . 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. Which major investors are buying Paychex stock? PAYX stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Glenmede Trust Co. NA, BlackRock Inc., Wedge Capital Management L L P NC, Alliancebernstein L.P., Skandinaviska Enskilda Banken AB publ, Man Group plc and Wells Fargo & Company MN. 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 $68.85. How big of a company is Paychex? Paychex has a market capitalization of $24.33 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. 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: 1.4 out of 5 ()Outperform Votes: 244 (Vote Outperform)Underperform Votes: 600 (Vote Underperform)Total Votes: 844MarketBeat'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 11/16/2018 by MarketBeat.com StaffFeatured Article: What is the Rule of 72?