PaychexPAYX
PAYX
About: 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.
Employees: 16,500
0
Funds holding %
of 6,790 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
12% more first-time investments, than exits
New positions opened: 136 | Existing positions closed: 121
12% more capital invested
Capital invested by funds: $33B [Q2] → $36.9B (+$3.85B) [Q3]
7% more funds holding in top 10
Funds holding in top 10: 15 [Q2] → 16 (+1) [Q3]
1% more funds holding
Funds holding: 1,491 [Q2] → 1,506 (+15) [Q3]
0.78% less ownership
Funds ownership: 77.35% [Q2] → 76.56% (-0.78%) [Q3]
3% less repeat investments, than reductions
Existing positions increased: 545 | Existing positions reduced: 563
16% less call options, than puts
Call options by funds: $352M | Put options by funds: $417M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$126
12%
downside
Avg. target
$137
4%
downside
High target
$148
4%
upside
10 analyst ratings
0 positive
0%
9 neutral
90%
1 negative
10%
JP Morgan Tien-Tsin Huang 69% 1-year accuracy 29 / 42 met price target | 3%downside $139 | Underweight Maintained | 19 Nov 2024 |
TD Cowen Bryan Bergin 85% 1-year accuracy 23 / 27 met price target | 8%downside $131 | Hold Maintained | 2 Oct 2024 |
Stifel David Grossman 52% 1-year accuracy 13 / 25 met price target | 1%downside $141 | Hold Maintained | 2 Oct 2024 |
Jefferies Samad Samana 91% 1-year accuracy 10 / 11 met price target | 9%downside $130 | Hold Maintained | 2 Oct 2024 |
RBC Capital Ashish Sabadra 84% 1-year accuracy 37 / 44 met price target | 4%upside $148 | Sector Perform Maintained | 2 Oct 2024 |
Financial journalist opinion
Based on 8 articles about PAYX published over the past 30 days
Positive
Zacks Investment Research
13 hours ago
Why Paychex (PAYX) is a Top Growth Stock for the Long-Term
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Neutral
Business Wire
1 day ago
Paychex, Inc. Schedules Second Quarter Fiscal 2025 Earnings Conference Call for December 19, 2024
ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc. (Nasdaq: PAYX) will release financial results for its fiscal 2025 second quarter ended November 30, 2024. Paychex will deliver results via Business Wire before the financial markets open on Thursday, December 19, 2024. The company will host a conference call at 9:30 a.m. ET on Thursday, December 19, 2024, to review the results for the quarter. Participating in this call will be John Gibson, president and CEO, and Bob Schrader, senior vice presiden.
Neutral
Zacks Investment Research
2 days ago
G vs. PAYX: Which Stock Is the Better Value Option?
Investors looking for stocks in the Outsourcing sector might want to consider either Genpact (G) or Paychex (PAYX). But which of these two stocks is more attractive to value investors?
Neutral
Business Wire
3 days ago
U.S. Small Business Job Growth Rate Remained Steady in November
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, small business job growth across the U.S. remained relatively consistent in November (99.91) and has averaged an index level of 100.25 through 11 months of 2024, representing modest employment growth. Hourly earnings growth (2.97%) and weekly earnings growth (2.84%) for workers stayed below three percent for the fourth and 10th consecutive month, respectively. “Our national jobs data for November, which.
Positive
Zacks Investment Research
1 week ago
Here's Why Investors Should Retain Paychex Stock for Now
PAYX's top line is benefiting from a solid business model, diversified products and services and strategic acquisitions.
Neutral
Business Wire
2 weeks ago
Paychex Introduces HR Analytics Premium Plus Solution with Built-in GenAI Capabilities
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #AI--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, announced today a new premium HR Analytics solution that couples real-time data with generative AI Insights capabilities, providing small- and medium-sized businesses with enterprise-level solutions to help drive more strategic and informed decisions. HR Analytics with AI Insights complements the ex.
Positive
Zacks Investment Research
2 weeks ago
G or PAYX: Which Is the Better Value Stock Right Now?
Investors interested in Outsourcing stocks are likely familiar with Genpact (G) and Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?
Neutral
Business Wire
3 weeks ago
New Paychex Solution Gives Small Businesses Access to Capital
ROCHESTER, N.Y.--(BUSINESS WIRE)-- #FundingSolutions--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has introduced Paychex Funding Solutions to give small- and mid-sized businesses quick access to capital as business needs arise. Paychex Funding Solutions, which includes Paychex companies Advance Partners and Alterna Capital Solutions, provides up-front capital based on a business's assets through.
Positive
24/7 Wall Street
1 month ago
3 Stocks to Buy From the Schwab U.S. Dividend Equity ETF
24/7 Wall Street contributor Chris MacDonald recently discussed dividend stocks for income-focused investors.
Neutral
Business Wire
1 month ago
Small Businesses Continue to Show Moderate Job Growth in October
ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--The Paychex Small Business Employment Watch reported a national index level of 100.06 for small business job growth in the month of October. The jobs index has averaged 100.29 through the first 10 months of 2024, indicating modest job growth in U.S. small businesses with fewer than 50 employees. At the same time, hourly earnings growth in October was 3.02% and weekly earnings growth remained below three percent for the ninth-straight month, marking its lowest l.
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