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Paychex NasdaqGS:PAYX Stock Report

Last Price

US$123.98

Market Cap

US$44.4b

7D

-0.2%

1Y

-2.4%

Updated

25 Jul, 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.

PAYX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance5/6
Financial Health6/6
Dividends5/6

Paychex, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Paychex
Historical stock prices
Current Share PriceUS$123.98
52 Week HighUS$129.70
52 Week LowUS$106.27
Beta0.99
11 Month Change-0.84%
3 Month Change3.34%
1 Year Change-2.42%
33 Year Change9.11%
5 Year Change47.81%
Change since IPO71,393.24%

Recent News & Updates

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

Recent updates

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

An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued

Oct 20
An Intrinsic Calculation For Paychex, Inc. (NASDAQ:PAYX) Suggests It's 24% Undervalued

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

Sep 26
Capital Investments At Paychex (NASDAQ:PAYX) Point To A Promising Future

With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

Sep 13
With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?

Aug 30
At US$122, Is It Time To Put Paychex, Inc. (NASDAQ:PAYX) On Your Watch List?

Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)

Jul 16
Calculating The Intrinsic Value Of Paychex, Inc. (NASDAQ:PAYX)

Paychex (NASDAQ:PAYX) Will Want To Turn Around Its Return Trends

Jun 19
Paychex (NASDAQ:PAYX) Will Want To Turn Around Its Return Trends

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

Jun 07
Here's Why Paychex (NASDAQ:PAYX) Has Caught The Eye Of Investors

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

May 01
Should You Think About Buying Paychex, Inc. (NASDAQ:PAYX) Now?

Calculating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Apr 06
Calculating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Mar 13
Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

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

Feb 27
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Estimating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Jan 04
Estimating The Fair Value Of Paychex, Inc. (NASDAQ:PAYX)

Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

Dec 10
Returns On Capital At Paychex (NASDAQ:PAYX) Paint A Concerning Picture

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

Nov 16
Here's Why We Think Paychex (NASDAQ:PAYX) Might Deserve Your Attention Today

Paychex declares $0.79 dividend

Oct 13

Shareholder Returns

PAYXUS Professional ServicesUS Market
7D-0.2%0.6%-2.4%
1Y-2.4%4.2%17.5%

Return vs Industry: PAYX underperformed the US Professional Services industry which returned 4.2% over the past year.

Return vs Market: PAYX underperformed the US Market which returned 17.5% over the past year.

Price Volatility

Is PAYX's price volatile compared to industry and market?
PAYX volatility
PAYX Average Weekly Movement3.1%
Professional Services Industry Average Movement5.1%
Market Average Movement6.0%
10% most volatile stocks in US Market14.9%
10% least volatile stocks in US Market3.0%

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

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$44.38b
Earnings (TTM)US$1.69b
Revenue (TTM)US$5.28b

26.4x

P/E Ratio

8.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAYX income statement (TTM)
RevenueUS$5.28b
Cost of RevenueUS$1.48b
Gross ProfitUS$3.80b
Other ExpensesUS$2.11b
EarningsUS$1.69b

Last Reported Earnings

May 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)4.69
Gross Margin71.97%
Net Profit Margin32.03%
Debt/Equity Ratio21.5%

How did PAYX perform over the long term?

See historical performance and comparison

Dividends

3.2%

Current Dividend Yield

78%

Payout Ratio

Does PAYX pay a reliable dividends?

See PAYX dividend history and benchmarks
When do you need to buy PAYX by to receive an upcoming dividend?
Paychex dividend dates
Ex Dividend DateAug 08 2024
Dividend Pay DateAug 29 2024
Days until Ex dividend13 days
Days until Dividend pay date34 days

Does PAYX pay a reliable dividends?

See PAYX dividend history and benchmarks
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