NASDAQ:PAYX - Paychex Stock Price, Price Target & More Sign in or create an account to add this stock to your watchlist. Get Started $69.90 -0.56 (-0.79 %) (As of 07/19/2018 09:02 AM ET)Previous Close$70.46Today's Range$69.60 - $70.4652-Week Range$54.20 - $73.10Volume1.62 million shsAverage Volume2.41 million shsMarket Capitalization$25.31 billionP/E Ratio27.41Dividend Yield3.18%Beta0.99 Company ProfileFinancialsAnalyst RatingsDividend HistoryEarnings HistoryInsider TradesHeadlinesOptions ChainSEC FilingsSocial MediaChart 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 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. 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 SymbolNASDAQ:PAYX CUSIP70432610 Webwww.paychex.com Phone585-385-6666 Debt Debt-to-Equity RatioN/A Current Ratio1.09 Quick Ratio1.09 Price-To-Earnings Trailing P/E Ratio27.41 Forward P/E Ratio24.61 P/E Growth3.03 Sales & Book Value Annual Sales$3.38 billion Price / Sales7.43 Cash Flow$3.1012 per share Price / Cash22.54 Book Value$5.64 per share Price / Book12.39 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 Employees13,700 Outstanding Shares359,270,000Market Cap$25,314.54 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 12th. Shareholders of record on Wednesday, August 1st will be paid a dividend of $0.56 per share on Thursday, August 23rd. This represents a $2.24 annualized dividend and a dividend yield of 3.20%. The ex-dividend date of this dividend is Tuesday, July 31st. View Paychex's Dividend History. How were Paychex's earnings last quarter? Paychex, Inc. (NASDAQ:PAYX) announced its earnings results on Wednesday, June, 27th. The business services provider reported $0.61 EPS for the quarter, missing the Zacks' consensus estimate of $0.62 by $0.01. The business services provider had revenue of $871.10 million for the quarter, compared to analysts' expectations of $868.60 million. Paychex had a net margin of 27.62% and a return on equity of 44.29%. The business's revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.54 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 Monday, October, 1st 2018. View Earnings Estimates for Paychex. What guidance has Paychex issued on next quarter's earnings? Paychex issued an update on its FY19 earnings guidance on Wednesday, June, 27th. The company provided earnings per share guidance of +11% to ~$2.83 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $2.77. The company issued revenue guidance of +6-7% to ~$3.58-3.62, compared to the consensus revenue estimate of $3.60 billion. What price target have analysts set for PAYX? 12 analysts have issued twelve-month price targets for Paychex's stock. Their forecasts range from $63.00 to $73.00. On average, they expect Paychex's share price to reach $67.40 in the next year. This suggests that the stock has a possible downside of 3.6%. View Analyst Ratings for Paychex. What is the consensus analysts' recommendation for Paychex? 12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Paychex in the last year. There are currently 1 sell rating, 10 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." 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), Aptiv (APTV), Capgemini (CGEMY), EXPERIAN PLC/ADR (EXPGY), Republic Services (RSG), Iqvia (IQV), First Data (FDC), IHS Markit (INFO) and Waste Connections (WCN). 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) Has Paychex been receiving favorable news coverage? News headlines about PAYX stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of news coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Paychex earned a news impact score of 0.10 on Accern's scale. They also assigned news headlines about the business services provider an impact score of 47.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the next several days. Who are Paychex's major shareholders? Paychex's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Welch & Forbes LLC (0.17%), Bank of Montreal Can (0.11%), Scout Investments Inc. (0.11%), Sabal Trust CO (0.09%), NN Investment Partners Holdings N.V. (0.08%) and CHURCHILL MANAGEMENT Corp (0.08%). 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 Capital Investment Advisors LLC, Welch & Forbes LLC, Fjarde AP Fonden Fourth Swedish National Pension Fund, CHURCHILL MANAGEMENT Corp, Sabal Trust CO, Rathbone Brothers plc, Nisa Investment Advisors LLC and NN Investment Partners Holdings N.V.. Company insiders that have sold Paychex company stock in the last year include Efrain Rivera, 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 acquired by a variety of institutional investors in the last quarter, including Scout Investments Inc., Assenagon Asset Management S.A., State of Alaska Department of Revenue, Webster Bank N. A., Bank of Montreal Can, Oakbrook Investments LLC, Clinton Group Inc. and Cullinan Associates 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, Scottrade, Fidelity and Charles Schwab. What is Paychex's stock price today? One share of PAYX stock can currently be purchased for approximately $69.90. How big of a company is Paychex? Paychex has a market capitalization of $25.31 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 13,700 workers across the globe. 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: 1.3 out of 5 ()Outperform Votes: 196 (Vote Outperform)Underperform Votes: 549 (Vote Underperform)Total Votes: 745MarketBeat'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 7/19/2018 by MarketBeat.com StaffFeatured Article: What do I need to know about analyst ratings?