image
Industrials - Staffing & Employment Services - NASDAQ - US
$ 142.96
-1.97 %
$ 51.5 B
Market Cap
30.48
P/E
1. INTRINSIC VALUE

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, 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 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.[ Read More ]

The intrinsic value of one PAYX stock under the base case scenario is HIDDEN Compared to the current market price of 143 USD, Paychex, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart PAYX

image
FINANCIALS
5.28 B REVENUE
5.42%
2.17 B OPERATING INCOME
6.94%
1.69 B NET INCOME
8.55%
1.9 B OPERATING CASH FLOW
11.67%
-261 M INVESTING CASH FLOW
-119.41%
-1.87 B FINANCING CASH FLOW
-163.52%
1.32 B REVENUE
1.81%
547 M OPERATING INCOME
13.47%
427 M NET INCOME
12.50%
546 M OPERATING CASH FLOW
146.32%
-110 M INVESTING CASH FLOW
23.13%
-485 M FINANCING CASH FLOW
82.13%
Balance Sheet Decomposition Paychex, Inc.
image
Current Assets 7.25 B
Cash & Short-Term Investments 1.5 B
Receivables 1.63 B
Other Current Assets 4.12 B
Non-Current Assets 3.13 B
Long-Term Investments 3.7 M
PP&E 459 M
Other Non-Current Assets 2.67 B
Current Liabilities 5.31 B
Accounts Payable 104 M
Short-Term Debt 37.9 M
Other Current Liabilities 5.17 B
Non-Current Liabilities 1.27 B
Long-Term Debt 848 M
Other Non-Current Liabilities 425 M
EFFICIENCY
Earnings Waterfall Paychex, Inc.
image
Revenue 5.28 B
Cost Of Revenue 1.48 B
Gross Profit 3.8 B
Operating Expenses 1.62 B
Operating Income 2.17 B
Other Expenses 484 M
Net Income 1.69 B
RATIOS
71.97% GROSS MARGIN
71.97%
41.19% OPERATING MARGIN
41.19%
32.03% NET MARGIN
32.03%
44.47% ROE
44.47%
16.28% ROA
16.28%
35.88% ROIC
35.88%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Paychex, Inc.
image
Net Income 1.69 B
Depreciation & Amortization 176 M
Capital Expenditures -161 M
Stock-Based Compensation 61.1 M
Change in Working Capital -280 M
Others 12.4 M
Free Cash Flow 1.74 B
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Paychex, Inc.
image
Wall Street analysts predict an average 1-year price target for PAYX of $129 , with forecasts ranging from a low of $116 to a high of $142 .
PAYX Lowest Price Target Wall Street Target
116 USD -18.86%
PAYX Average Price Target Wall Street Target
129 USD -9.85%
PAYX Highest Price Target Wall Street Target
142 USD -0.67%
4. DIVIDEND ANALYSIS
0.75% DIVIDEND YIELD
0.98 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Paychex, Inc.
image
Sold
0-3 MONTHS
15.4 M USD 4
3-6 MONTHS
31.7 M USD 6
6-9 MONTHS
0 USD 0
9-12 MONTHS
8.67 M USD 3
Bought
5.56 K USD 1
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
35 K USD 1
9-12 MONTHS
Date Value Insider Amount Avg Price
1 month ago
Oct 16, 2024
Sell 5 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 35318
141.71 USD
1 month ago
Oct 16, 2024
Sell 1.65 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 11557
142.34 USD
1 month ago
Oct 15, 2024
Sell 1.8 M USD
Schrader Robert L.
Sr. VP, CFO
- 12615
142.33 USD
1 month ago
Oct 15, 2024
Sell 57.2 K USD
Schrader Robert L.
Sr. VP, CFO
- 400
142.95 USD
1 month ago
Oct 09, 2024
Sell 3.67 M USD
Gioja Michael E
Sr. Vice President
- 26428
139.03 USD
1 month ago
Oct 04, 2024
Sell 2.05 M USD
Gioja Michael E
Sr. Vice President
- 14731
139.18 USD
2 months ago
Aug 26, 2024
Sell 1.13 M USD
DOODY JOSEPH
Director
- 8641
130.69 USD
3 months ago
Aug 16, 2024
Sell 294 K USD
Simmons Christopher C
VP, Controller & Treasurer
- 2344
125.34 USD
3 months ago
Aug 05, 2024
Sell 1.08 M USD
FLASCHEN DAVID J S
Director
- 8641
125.22 USD
3 months ago
Aug 05, 2024
Sell 725 K USD
FLASCHEN DAVID J S
Director
- 5793
125.19 USD
3 months ago
Jul 26, 2024
Sell 1.21 M USD
FLASCHEN DAVID J S
Director
- 9615
125.6 USD
3 months ago
Jul 24, 2024
Sell 1.11 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 8954
123.6 USD
4 months ago
Jul 15, 2024
Sell 1.51 M USD
Gibson John B
President and CEO
- 12670
119.53 USD
4 months ago
Jul 02, 2024
Sell 5.53 M USD
MUCCI MARTIN
director, other: Chairman
- 47348
116.87 USD
4 months ago
Jul 01, 2024
Sell 11.9 M USD
MUCCI MARTIN
director, other: Chairman
- 101490
117.27 USD
4 months ago
Jul 02, 2024
Sell 4.49 M USD
MUCCI MARTIN
director, other: Chairman
- 38510
116.63 USD
5 months ago
May 24, 2024
Sell 1.04 M USD
FLASCHEN DAVID J S
Director
- 8400
124.38 USD
5 months ago
May 24, 2024
Sell 963 K USD
FLASCHEN DAVID J S
Director
- 7743
124.36 USD
5 months ago
May 24, 2024
Sell 219 K USD
FLASCHEN DAVID J S
Director
- 1746
125.35 USD
5 months ago
May 24, 2024
Sell 228 K USD
FLASCHEN DAVID J S
Director
- 1820
125.34 USD
6 months ago
May 17, 2024
Sell 1.35 M USD
VELLI JOSEPH M
Director
- 10850
124.28 USD
11 months ago
Nov 28, 2023
Bought 29.4 K USD
FLASCHEN DAVID J S
Director
+ 246.536
119.1343 USD
11 months ago
Nov 28, 2023
Bought 5.6 K USD
FLASCHEN DAVID J S
Director
+ 46.98
119.1343 USD
2 months ago
Aug 24, 2024
Bought 5.56 K USD
FLASCHEN DAVID J S
Director
+ 45.431
122.306 USD
1 year ago
May 25, 2023
Bought 5.51 K USD
FLASCHEN DAVID J S
Director
+ 51.23
107.571 USD
1 year ago
Feb 23, 2023
Bought 4.86 K USD
FLASCHEN DAVID J S
Director
+ 43.743
111.038 USD
1 year ago
Nov 23, 2022
Bought 4.57 K USD
FLASCHEN DAVID J S
Director
+ 39.282
116.24 USD
9 months ago
Feb 07, 2024
Sell 4.88 M USD
Gioja Michael E
Sr. Vice President
- 40068
121.89 USD
9 months ago
Jan 29, 2024
Sell 1.87 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 15481
120.53 USD
10 months ago
Dec 28, 2023
Sell 362 K USD
FLASCHEN DAVID J S
Director
- 3027
119.73 USD
10 months ago
Dec 28, 2023
Sell 608 K USD
FLASCHEN DAVID J S
Director
- 5075
119.77 USD
10 months ago
Dec 28, 2023
Sell 950 K USD
FLASCHEN DAVID J S
Director
- 7929
119.82 USD
1 year ago
Oct 06, 2023
Sell 4.79 M USD
Gioja Michael E
Sr. Vice President
- 41329
115.79 USD
1 year ago
Aug 01, 2023
Sell 2.02 M USD
Gioja Michael E
Sr. Vice President
- 16181
124.75 USD
1 year ago
Aug 01, 2023
Sell 777 K USD
Gioja Michael E
Sr. Vice President
- 6220
124.9 USD
1 year ago
Aug 01, 2023
Sell 2.93 M USD
Gioja Michael E
Sr. Vice President
- 23409
125.13 USD
1 year ago
Jul 17, 2023
Sell 1.95 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 16224
120.19 USD
1 year ago
Jul 17, 2023
Sell 484 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 4025
120.19 USD
1 year ago
Jul 14, 2023
Sell 16 M USD
MUCCI MARTIN
Director
- 132851
120.43 USD
1 year ago
Jul 10, 2023
Sell 1.26 M USD
TUCCI JOSEPH M
Director
- 10850
115.99 USD
1 year ago
Jul 06, 2023
Sell 1.37 M USD
TUCCI JOSEPH M
Director
- 12156
113.02 USD
1 year ago
May 23, 2023
Sell 473 K USD
VELLI JOSEPH M
Director
- 4336
109.12 USD
1 year ago
Apr 14, 2023
Sell 23.2 K USD
Saunders-McClendon Karen E.
VP, Chief Human Resources Offi
- 215
107.92 USD
1 year ago
Jan 13, 2023
Sell 23.3 K USD
Gibson John B
President and CEO
- 194
120.31 USD
1 year ago
Dec 28, 2022
Sell 1.58 M USD
Gioja Michael E
Sr. Vice President
- 13744
115.3 USD
2 years ago
Oct 20, 2022
Sell 33.1 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 298
111.06 USD
2 years ago
Oct 20, 2022
Sell 23.9 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 215
111.06 USD
2 years ago
Oct 20, 2022
Sell 27.7 K USD
Gioja Michael E
Sr. Vice President
- 249
111.06 USD
2 years ago
Aug 01, 2022
Sell 69 K USD
Schrader Robert L.
VP/Controller
- 545
126.58 USD
2 years ago
Jul 15, 2022
Sell 90 K USD
Schrader Robert L.
VP/Controller
- 783
115 USD
2 years ago
Jul 15, 2022
Sell 145 K USD
Schaeffer Stephanie L
CLO, Secretary
- 1265
115 USD
2 years ago
Jul 15, 2022
Sell 22.8 K USD
Saunders-McClendon Karen E.
VP, Chief Human Resources Offi
- 198
115 USD
2 years ago
Jul 15, 2022
Sell 1.88 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 16224
116.11 USD
2 years ago
Jul 15, 2022
Sell 1.41 M USD
MUCCI MARTIN
Chairman and CEO
- 12289
115 USD
2 years ago
Jul 15, 2022
Sell 298 K USD
Gioja Michael E
Sr. Vice President
- 2587
115 USD
2 years ago
Jul 15, 2022
Sell 327 K USD
Gibson John B
President and COO
- 2842
115 USD
2 years ago
Jul 15, 2022
Sell 251 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 2186
115 USD
2 years ago
Jul 08, 2022
Sell 139 K USD
Schrader Robert L.
VP/Controller
- 1191
116.8 USD
2 years ago
Jul 08, 2022
Sell 191 K USD
Schaeffer Stephanie L
CLO, Secretary
- 1631
116.8 USD
2 years ago
Jul 08, 2022
Sell 453 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 3875
116.8 USD
2 years ago
Jul 08, 2022
Sell 2.53 M USD
MUCCI MARTIN
Chairman and CEO
- 21631
116.8 USD
2 years ago
Jul 08, 2022
Sell 468 K USD
Gioja Michael E
Sr. Vice President
- 4009
116.8 USD
2 years ago
Jul 08, 2022
Sell 366 K USD
Gibson John B
President and COO
- 3132
116.8 USD
2 years ago
Jul 08, 2022
Sell 273 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 2341
116.8 USD
2 years ago
Jul 06, 2022
Sell 145 K USD
Gioja Michael E
Sr. Vice President
- 1227
117.81 USD
2 years ago
Jul 05, 2022
Sell 474 K USD
VELLI JOSEPH M
director:
- 4184
113.34 USD
2 years ago
Apr 15, 2022
Sell 27.7 K USD
Saunders-McClendon Karen E.
VP, Chief Human Resources Offi
- 203
136.69 USD
2 years ago
Apr 05, 2022
Sell 3.67 M USD
Gioja Michael E
Sr. Vice President
- 26000
141.26 USD
2 years ago
Dec 27, 2021
Sell 20.1 M USD
MUCCI MARTIN
Chairman and CEO
- 150000
134.31 USD
2 years ago
Dec 27, 2021
Sell 7.92 M USD
Schaeffer Stephanie L
CLO, Secretary
- 58926
134.35 USD
2 years ago
Dec 08, 2021
Sell 91.9 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 747
123.04 USD
2 years ago
Dec 08, 2021
Sell 396 K USD
MUCCI MARTIN
CEO & President
- 3219
123.04 USD
2 years ago
Dec 08, 2021
Sell 72.7 K USD
Gioja Michael E
Sr. Vice President
- 591
123.04 USD
2 years ago
Dec 08, 2021
Sell 61.6 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 501
123.04 USD
3 years ago
Oct 15, 2021
Sell 952 K USD
Gioja Michael E
Sr. Vice President
- 8000
118.94 USD
3 years ago
Oct 15, 2021
Sell 3.42 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 28790
118.93 USD
3 years ago
Aug 03, 2021
Sell 254 K USD
Schrader Robert L.
VP/Controller
- 2238
113.49 USD
3 years ago
Jul 30, 2021
Sell 1.09 M USD
DOODY JOSEPH
Director
- 9615
113.16 USD
3 years ago
Aug 01, 2021
Sell 78.1 K USD
Schrader Robert L.
VP/Controller
- 686
113.82 USD
3 years ago
Jul 15, 2021
Sell 65.1 K USD
Schrader Robert L.
VP/Controller
- 578
112.67 USD
3 years ago
Jul 15, 2021
Sell 92.2 K USD
Schaeffer Stephanie L
CLO, Secretary
- 818
112.67 USD
3 years ago
Jul 15, 2021
Sell 249 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 2206
112.67 USD
3 years ago
Jul 16, 2021
Sell 1.82 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 16225
112.43 USD
3 years ago
Jul 15, 2021
Sell 1.07 M USD
MUCCI MARTIN
CEO & President
- 9521
112.67 USD
3 years ago
Jul 16, 2021
Sell 9.89 M USD
MUCCI MARTIN
CEO & President
- 87844
112.55 USD
3 years ago
Jul 15, 2021
Sell 219 K USD
Gioja Michael E
Sr. Vice President
- 1941
112.67 USD
3 years ago
Jul 15, 2021
Sell 219 K USD
Gibson John B
Sr. VP, Service
- 1941
112.67 USD
3 years ago
Jul 15, 2021
Sell 183 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 1621
112.67 USD
3 years ago
Jul 16, 2021
Sell 1.22 M USD
FLASCHEN DAVID J S
Director
- 10850
112.41 USD
3 years ago
Jul 09, 2021
Sell 14.9 K USD
Schrader Robert L.
VP/Controller
- 133
111.9 USD
3 years ago
Jul 09, 2021
Sell 215 K USD
Schaeffer Stephanie L
CLO, Secretary
- 1921
111.9 USD
3 years ago
Jul 09, 2021
Sell 46.9 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 419
111.9 USD
3 years ago
Jul 09, 2021
Sell 3.37 M USD
MUCCI MARTIN
CEO & President
- 30121
111.9 USD
3 years ago
Jul 09, 2021
Sell 595 K USD
Gioja Michael E
Sr. Vice President
- 5319
111.9 USD
3 years ago
Jul 09, 2021
Sell 597 K USD
Gibson John B
Sr. VP, Service
- 5339
111.9 USD
3 years ago
Jul 09, 2021
Sell 349 K USD
Bottini Mark Anthony
Sr. VP of Sales
- 3121
111.9 USD
3 years ago
May 06, 2021
Sell 1.51 M USD
TUCCI JOSEPH M
Director
- 15052
100.56 USD
3 years ago
May 04, 2021
Sell 11.3 M USD
Gibson John B
Sr. VP, Service
- 113318
99.29 USD
3 years ago
Apr 15, 2021
Sell 364 K USD
VELLI JOSEPH M
Director
- 3753
96.93 USD
3 years ago
Apr 12, 2021
Sell 1.7 M USD
Gioja Michael E
Sr. Vice President
- 17766
95.53 USD
3 years ago
Apr 12, 2021
Sell 555 K USD
Gioja Michael E
Sr. Vice President
- 5809
95.53 USD
3 years ago
Apr 13, 2021
Sell 2.84 M USD
Gioja Michael E
Sr. Vice President
- 29484
96.16 USD
3 years ago
Feb 26, 2021
Sell 4.55 M USD
MUCCI MARTIN
CEO & President
- 50000
91.09 USD
3 years ago
Feb 02, 2021
Sell 3.7 M USD
Gibson John B
Sr. VP, Service
- 41159
89.79 USD
3 years ago
Dec 28, 2020
Sell 338 K USD
Schrader Robert L.
VP/Controller
- 3559
94.93 USD
4 years ago
Nov 18, 2020
Sell 4.97 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 53911
92.23 USD
4 years ago
Nov 16, 2020
Sell 1.12 M USD
FLASCHEN DAVID J S
Director
- 12156
92.41 USD
4 years ago
Nov 12, 2020
Sell 4.22 M USD
Gibson John B
Sr. VP, Service
- 46875
90.11 USD
4 years ago
Nov 11, 2020
Sell 941 K USD
DOODY JOSEPH
Director
- 10220
92.09 USD
4 years ago
Nov 10, 2020
Sell 6.84 M USD
MUCCI MARTIN
CEO & President
- 75000
91.24 USD
4 years ago
Nov 09, 2020
Sell 2.04 M USD
Schaeffer Stephanie L
CLO, Secretary
- 22135
92.09 USD
4 years ago
Oct 26, 2020
Sell 892 K USD
Gioja Michael E
Sr. Vice President
- 10891
81.91 USD
4 years ago
Oct 26, 2020
Sell 4.84 M USD
Bottini Mark Anthony
Sr. VP of Sales
- 58901
82.2 USD
4 years ago
Oct 22, 2020
Sell 2.47 M USD
Schaeffer Stephanie L
CLO, Secretary
- 29450
84 USD
4 years ago
Oct 16, 2020
Sell 4.59 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 54878
83.72 USD
4 years ago
Oct 12, 2020
Sell 4.16 M USD
MUCCI MARTIN
CEO & President
- 50000
83.11 USD
4 years ago
Oct 08, 2020
Sell 5.16 M USD
Schaeffer Stephanie L
CLO, Secretary
- 63000
81.94 USD
4 years ago
Oct 08, 2020
Sell 1.17 M USD
Gibson John B
Sr. VP, Service
- 14227
82.18 USD
4 years ago
Aug 01, 2020
Sell 43.9 K USD
Schrader Robert L.
VP/Controller
- 610
71.92 USD
4 years ago
Aug 03, 2020
Sell 10.4 K USD
Schrader Robert L.
VP/Controller
- 143
72.76 USD
4 years ago
Aug 04, 2020
Sell 925 K USD
Gioja Michael E
Sr. Vice President
- 12743
72.59 USD
4 years ago
Jul 15, 2020
Sell 759 K USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 10328
73.53 USD
4 years ago
Jul 15, 2020
Sell 2.09 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 28482
73.35 USD
4 years ago
Jul 17, 2020
Sell 3.65 M USD
MUCCI MARTIN
CEO & President
- 50000
73.05 USD
4 years ago
Jul 10, 2020
Sell 2.95 M USD
MUCCI MARTIN
CEO & President
- 40280
73.3 USD
4 years ago
Jul 10, 2020
Sell 413 K USD
Zaucha Laurie L.
Vice President
- 5639
73.3 USD
4 years ago
Jul 10, 2020
Sell 8.06 K USD
Schrader Robert L.
VP/Controller
- 110
73.3 USD
4 years ago
Jul 10, 2020
Sell 318 K USD
Schaeffer Stephanie L
CLO, Secretary
- 4342
73.3 USD
4 years ago
Jul 13, 2020
Sell 4.32 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 58901
73.36 USD
4 years ago
Jul 10, 2020
Sell 1.39 M USD
RIVERA EFRAIN
Sr. Vice President, CFO
- 18998
73.3 USD
7. News
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. 247wallst.com - 2 weeks ago
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. businesswire.com - 3 weeks ago
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. businesswire.com - 1 month ago
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%. gurufocus.com - 1 month ago
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. seekingalpha.com - 1 month ago
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. seekingalpha.com - 1 month ago
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. investopedia.com - 1 month ago
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. businesswire.com - 1 month ago
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. seekingalpha.com - 1 month ago
Paychex Q1 Earnings & Revenues Surpass Estimates, Increase Y/Y PAYX's first-quarter fiscal 2025 top-line benefits from growing PEO and Insurance Solutions. zacks.com - 1 month ago
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. zacks.com - 1 month ago
Paychex (PAYX) Beats Q1 Earnings and Revenue Estimates Paychex (PAYX) came out with quarterly earnings of $1.16 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.14 per share a year ago. zacks.com - 1 month ago
8. Profile Summary

Paychex, Inc. PAYX

image
COUNTRY US
INDUSTRY Staffing & Employment Services
MARKET CAP $ 51.5 B
Dividend Yield 0.75%
Description Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, 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 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, 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.
Contact 911 Panorama Trail South, Rochester, NY, 14625-2396 https://www.paychex.com
IPO Date Aug. 26, 1983
Employees 16000
Officers Ms. Elizabeth Roaldsen Senior Vice President of Operations & Customer Experience Mr. B. Thomas Golisano Founder & Director Mr. Robert Lewis Schrader Chief Financial Officer Mr. Mark A. Bottini Senior Vice President of Sales Mr. Michael E. Gioja Senior Vice President of Product Development & Information Technology Mr. Frank Fiorille Vice President of Risk & Compliance Ms. Prabha Sipi Bhandari Senior Vice President, Chief Legal Officer, Chief Ethics Officer & Secretary Mr. Bradley J. Schaufenbuel J.D., L.L.M. Vice President & Chief Information Security Officer Mr. John B. Gibson Jr. President, Chief Executive Officer & Director Mr. Dave Wilson Vice President of Platform & Technology Services