Paychex
PAYX
Market cap $50.5B

140.34 USD

-0.75

0.53%

Updated Oct 22, 10:48 AM EDT

1 day

-0.53%

5 days

-1.17%

1 month

4.68%

3 months

14.12%

6 months

15.76%

Year to date

19.06%

1 year

20.33%

5 years

68.54%

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

Industrials Engineering, Accounting, Research, Management

0

Funds holding %

of 6,740 funds

0

Analysts bullish %

of 10 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

11% more call options, than puts

Call options by funds: $227M | Put options by funds: $205M

0.13% more ownership

Funds ownership: 75.94% [Q1] → 76.08% (+0.13%) [Q2]

1% less funds holding

Funds holding: 1,500 [Q1] → 1,488 (-12) [Q2]

3% less capital invested

Capital invested by funds: $33.5B [Q1] → $32.5B (-$1.06B) [Q2]

4% less repeat investments, than reductions

Existing positions increased: 545 | Existing positions reduced: 566

9% less first-time investments, than exits

New positions opened: 117 | Existing positions closed: 129

7% less funds holding in top 10

Funds holding in top 10: 15 [Q1] → 14 (-1) [Q2]

See Fund Rankings

Research analyst outlook

10 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$126

10%

downside

Avg. target

$136

3%

downside

High target

$148

5%

upside

10 analyst ratings

0 positive

0%

9 neutral

90%

1 negative

10%

TD Cowen Bryan Bergin 79% 1-year accuracy 11 / 14 met price target	7%downside $131	Hold Maintained	2 Oct 2024
Stifel David Grossman 40% 1-year accuracy 10 / 25 met price target	0%upside $141	Hold Maintained	2 Oct 2024
Jefferies Samad Samana 67% 1-year accuracy 4 / 6 met price target	7%downside $130	Hold Maintained	2 Oct 2024
RBC Capital Ashish Sabadra 94% 1-year accuracy 47 / 50 met price target	5%upside $148	Sector Perform Maintained	2 Oct 2024
UBS Kevin Mcveigh 47% 1-year accuracy 9 / 19 met price target	1%upside $142	Neutral Maintained	2 Oct 2024

See Analyst Rankings

Financial journalist opinion

Based on 16 articles about PAYX published over the past 30 days

Paychex Named a Leader in Payroll Services by NelsonHall for Eighth Time

ROCHESTER, N.Y.--(BUSINESS WIRE)-- #HRTech--Global analyst and research firm NelsonHall has once again recognized Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, as a “Leader” in its 2024 Vendor Evaluation and Assessment Tool (NEAT) report for payroll service providers. This marks the eighth year running that the company has received this acknowledgment for Paychex Flex®, the company's clo.

Paychex Named a Leader in Payroll Services by NelsonHall for Eighth Time

Paychex Declares Quarterly Dividend

ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on November 27, 2024 to shareholders of record as of November 7, 2024. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves over 745,000 customers in.

Paychex Declares Quarterly Dividend

Why Investors Are Eyeing Paychex Inc (PAYX): The Key Drivers of Market Outperformance and

Paychex Inc (PAYX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current share price of $137.92, despite a slight daily decrease of 0.53%, Paychex Inc has shown a notable three-month appreciation of 18.23%.

Why Investors Are Eyeing Paychex Inc (PAYX): The Key Drivers of Market Outperformance and

High Quality Dividend Stock Universe: Paychex - Show Me The Money

Paychex Inc. has an impressive history with a CAGR of 19% since inception. The company has predictable revenue growth, strong gross profit margins, and an improving ROIC. Paychex pays a quarterly dividend, with a solid history of dividend increases and a relatively safe payout ratio.

High Quality Dividend Stock Universe: Paychex - Show Me The Money

Paychex Q1: Did Not Put Me Over The Fence

Paychex's Q1 earnings showed slight revenue and EPS growth, but not enough to change my hold rating due to the lack of significant catalysts. The expiration of the ERTC program impacted revenue growth and margins, but the company remains financially strong with substantial cash reserves. New offerings like Paychex Flex Engage and AI-driven recruiting co-pilot show innovation, but are hard to quantify in terms of sales impact.

Paychex Q1: Did Not Put Me Over The Fence

Paychex Stock Climbed To a Record High Today—Here's Why

Shares of Paychex (PAYX) sailed to an all-time high Tuesday when the human resources services provider posted better-than-anticipated results while reporting that it expanded its client base.

Paychex Stock Climbed To a Record High Today—Here's Why

Job Growth Moderates Slightly for U.S. Small Businesses in September

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch for September, which reflects U.S. small businesses with fewer than 50 employees, the national jobs index moderated slightly in September (99.84) but has averaged 100.31 so far in 2024, representing modest employment growth. Hourly earnings growth for workers showed 3.01% in September, while the three-month annualized hourly earnings growth has remained below three percent for the past five months. “Our m.

Job Growth Moderates Slightly for U.S. Small Businesses in September

Paychex, Inc. (PAYX) Q1 2025 Earnings Call Transcript

Paychex, Inc. (NASDAQ:PAYX ) Q1 2025 Earnings Conference Call October 1, 2024 9:30 AM ET Company Participants Bob Schrader - Chief Financial Officer John Gibson - President and Chief Executive Officer Conference Call Participants Mark Marcon - Baird Peter Christiansen - Citigroup Kevin McVeigh - UBS Bryan Bergin - TD Cowen Tien-Tsin Huang - JPMorgan Samad Samana - Jefferies Andrew Nicholas - William Blair David Paige - RBC Nate Svensson - Deutsche Bank Kartik Mehta - Northcoast Research Jason Kupferberg - BofA Securities Scott Wurtzel - Wolfe Research Operator Good morning and welcome to the First Quarter 2025 Paychex Earnings Conference Call. Participating on the call today are John Gibson and Bob Schrader.

Paychex, Inc. (PAYX) Q1 2025 Earnings Call Transcript

Zacks Investment Research

Paychex Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y

PAYX's first-quarter fiscal 2025 top-line benefits from growing PEO and Insurance Solutions.

Paychex Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y

Zacks Investment Research

Paychex (PAYX) Reports Q1 Earnings: What Key Metrics Have to Say

The headline numbers for Paychex (PAYX) give insight into how the company performed in the quarter ended August 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Paychex (PAYX) Reports Q1 Earnings: What Key Metrics Have to Say

See News Rankings

Charts implemented using Lightweight Charts™