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Paychex, Inc. (PAYX)

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139.36 -1.40 (-0.99%)
At close: 4:00 PM EDT
139.36 0.00 (0.00%)
After hours: 4:03 PM EDT
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DELL
  • Previous Close 140.76
  • Open 139.91
  • Bid 139.32 x 200
  • Ask 139.38 x 200
  • Day's Range 138.77 - 141.00
  • 52 Week Range 106.27 - 142.04
  • Volume 2,827,806
  • Avg. Volume 1,793,980
  • Market Cap (intraday) 50.155B
  • Beta (5Y Monthly) 0.99
  • PE Ratio (TTM) 29.71
  • EPS (TTM) 4.69
  • Earnings Date Dec 19, 2024 - Dec 23, 2024
  • Forward Dividend & Yield 3.92 (2.78%)
  • Ex-Dividend Date Aug 8, 2024
  • 1y Target Est 130.92

Paychex, Inc., together with its subsidiaries, provides integrated human capital management solutions (HCM) for payroll, benefits, human resources (HR), and insurance services for small to medium-sized businesses in the United States, Europe, and India. It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. The company also provides HR solutions, including integrated HCM technology solutions and HR advisory services through both virtual and on-site availability of a professionally trained HR representative, as well as HR support to non-payroll clients through its HR Partner Plus solution; and retirement services administration, such as 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, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center. Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life. It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

www.paychex.com

16,000

Full Time Employees

May 31

Fiscal Year Ends

Recent News: PAYX

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Related Videos: PAYX

Performance Overview: PAYX

Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

PAYX
19.77%
S&P 500
19.50%

1-Year Return

PAYX
26.35%
S&P 500
32.92%

3-Year Return

PAYX
31.66%
S&P 500
30.82%

5-Year Return

PAYX
93.14%
S&P 500
97.39%

Compare To: PAYX

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Statistics: PAYX

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Valuation Measures

Annual
As of 10/2/2024
  • Market Cap

    50.66B

  • Enterprise Value

    50.03B

  • Trailing P/E

    30.01

  • Forward P/E

    28.17

  • PEG Ratio (5yr expected)

    4.26

  • Price/Sales (ttm)

    9.59

  • Price/Book (mrq)

    13.16

  • Enterprise Value/Revenue

    9.42

  • Enterprise Value/EBITDA

    20.52

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    31.98%

  • Return on Assets (ttm)

    12.03%

  • Return on Equity (ttm)

    45.67%

  • Revenue (ttm)

    5.31B

  • Net Income Avi to Common (ttm)

    1.7B

  • Diluted EPS (ttm)

    4.69

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    1.5B

  • Total Debt/Equity (mrq)

    22.52%

  • Levered Free Cash Flow (ttm)

    1.18B

Research Analysis: PAYX

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Earnings Per Share

Consensus EPS
 

Revenue vs. Earnings

Revenue 1.32B
Earnings 427.4M
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Analyst Price Targets

115.00 Low
130.92 Average
139.36 Current
145.00 High
 

Company Insights: PAYX

Research Reports: PAYX

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  • Paychex Earnings: Underlying Fundamentals Robust Despite Program Expiration Headwinds

    Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, founded in 1971, services over 745,000 clients and pays 1 in 12 US private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.

    Rating
    Price Target
     
  • Daily – Vickers Top Buyers & Sellers for 07/26/2024

    The Vickers Top Buyers & Sellers is a daily report that identifies the five companies the largest insider purchase transactions based on the dollar value of the transactions as well as the five companies the largest insider sales transactions based on the dollar value of the transactions.

     
  • Recent weakness offers buying opportunity

    Paychex Inc. is a provider of payroll, human resource, retirement, and insurance services to small and medium-size firms. Paychex's operations are primarily domestic; however, the company does have some offices in Europe. The company has approximately over 16,000 employees. The shares are a component of the S&P 500 Index.

    Rating
    Price Target
     
  • What a nice present wrapped in a shiny bow this morning. Key inflation data

    What a nice present wrapped in a shiny bow this morning. Key inflation data notched down last month. Both PCE and Core PCE printed at 2.6% for May. This good news on the last trading day of the first half of the year with the major indices all showing massive gains. At midday, the Nasdaq looks to post an impressive 19% gain for 1H, the S&P 500, a 15% gain, while the lagging Dow is still up 4. And these gains, significantly, without not even one small rate cut.

     

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