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Paychex NasdaqGS:PAYX Stock Report

Last Price

US$141.19

Market Cap

US$50.8b

7D

-0.8%

1Y

11.3%

Updated

12 Dec, 2024

Data

Company Financials +

PAYX Stock Overview

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. More details

PAYX fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance4/6
Financial Health6/6
Dividends5/6

Community Narratives

Create a narrative

Narratives bring a range of perspectives from our community.

Paychex, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Paychex
Historical stock prices
Current Share PriceUS$141.19
52 Week HighUS$150.71
52 Week LowUS$114.72
Beta0.99
1 Month Change-4.60%
3 Month Change4.52%
1 Year Change11.32%
3 Year Change13.27%
5 Year Change66.11%
Change since IPO81,317.41%

Recent News & Updates

There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price

Nov 19
There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price

Recent updates

There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price

Nov 19
There's Reason For Concern Over Paychex, Inc.'s (NASDAQ:PAYX) Price

Capital Investment Trends At Paychex (NASDAQ:PAYX) Look Strong

Oct 14
Capital Investment Trends At Paychex (NASDAQ:PAYX) Look Strong

Paychex Q1: Did Not Put Me Over The Fence

Oct 02

Is Paychex, Inc. (NASDAQ:PAYX) Potentially Undervalued?

Sep 21
Is Paychex, Inc. (NASDAQ:PAYX) Potentially Undervalued?

Paychex: Steady But Unspectacular Returns Likely

Sep 12

Does Paychex (NASDAQ:PAYX) Deserve A Spot On Your Watchlist?

Aug 27
Does Paychex (NASDAQ:PAYX) Deserve A Spot On Your Watchlist?

Paychex: A Reliable Buy For Growing Dividend Checks Now

Aug 21

Paychex, Inc. (NASDAQ:PAYX) Shares Could Be 33% Below Their Intrinsic Value Estimate

Aug 15
Paychex, Inc. (NASDAQ:PAYX) Shares Could Be 33% Below Their Intrinsic Value Estimate

Here's What Paychex's (NASDAQ:PAYX) Strong Returns On Capital Mean

Jul 11
Here's What Paychex's (NASDAQ:PAYX) Strong Returns On Capital Mean

Paychex: A Model Of Consistency

Jul 07

Paychex, Inc. (NASDAQ:PAYX) Annual Results: Here's What Analysts Are Forecasting For This Year

Jun 28
Paychex, Inc. (NASDAQ:PAYX) Annual Results: Here's What Analysts Are Forecasting For This Year

Paychex: Uncertainties Ahead Are Keeping Me On The Sidelines

Jun 21

Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?

Jun 03
Is Now The Time To Look At Buying Paychex, Inc. (NASDAQ:PAYX)?

Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98

May 04
Paychex (NASDAQ:PAYX) Will Pay A Larger Dividend Than Last Year At $0.98

Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Apr 28
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Paychex: Scoop Up This Dividend Growth Stock Now

Apr 10

Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Apr 04
Paychex, Inc. (NASDAQ:PAYX) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Paychex (NASDAQ:PAYX) Might Become A Compounding Machine

Apr 02
Paychex (NASDAQ:PAYX) Might Become A Compounding Machine

Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?

Mar 21
Are Investors Undervaluing Paychex, Inc. (NASDAQ:PAYX) By 29%?

Paychex: A Wonderful Business, But Waiting For A Better Entry Point

Mar 21

Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Feb 14
Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Paychex: A Dividend Grower Priced At A Discount

Feb 12

Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected

Jan 21
Paychex, Inc. (NASDAQ:PAYX) Investors Are Less Pessimistic Than Expected

Paychex, Inc.: Cash Generating Machine Trading At Cheap Valuation

Jan 17

Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

Dec 27
Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

Dec 15
Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

Shareholder Returns

PAYXUS Professional ServicesUS Market
7D-0.8%-2.0%-0.2%
1Y11.3%14.0%28.8%

Return vs Industry: PAYX underperformed the US Professional Services industry which returned 14% over the past year.

Return vs Market: PAYX underperformed the US Market which returned 28.8% over the past year.

Price Volatility

Is PAYX's price volatile compared to industry and market?
PAYX volatility
PAYX Average Weekly Movement2.9%
Professional Services Industry Average Movement5.6%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: PAYX has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: PAYX's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197116,500John Gibsonwww.paychex.com

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.

Paychex, Inc. Fundamentals Summary

How do Paychex's earnings and revenue compare to its market cap?
PAYX fundamental statistics
Market capUS$50.83b
Earnings (TTM)US$1.70b
Revenue (TTM)US$5.31b

29.9x

P/E Ratio

9.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAYX income statement (TTM)
RevenueUS$5.31b
Cost of RevenueUS$1.50b
Gross ProfitUS$3.81b
Other ExpensesUS$2.11b
EarningsUS$1.70b

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

Dec 19, 2024

Earnings per share (EPS)4.72
Gross Margin71.77%
Net Profit Margin31.98%
Debt/Equity Ratio21.2%

How did PAYX perform over the long term?

See historical performance and comparison

Dividends

2.8%

Current Dividend Yield

79%

Payout Ratio