Paychex (PAYX) - Wall Street Numbers (2024)

Profile

Sector:

Industrials

Industry:

Country:

United States

IPO:

26 August 1983

Next earnings report:

26 June 2024

Last dividends:

09 May 2024

Next dividends:

N/A

Market cap

$45.08 B

-11%vs. 3y high

95%vs. sector

PE ratio

27.28

-29%vs. 3y high

63%vs. sector

PB ratio

12.03

-25%vs. 3y high

96%vs. sector

PS ratio

8.65

-24%vs. 3y high

95%vs. sector

Dividend per share
Dividend yield TTM

$0.982.91%

EPS diluted
EPS diluted target

$1.38$1.10

Revenue
Revenue target

$1.44 B$1.30 B

Revenue
Net income

$1.44 B$498.60 M

Analysts recommendations

Total assets
Total liabilities

$13.02 B$9.28 B

Institutional Ownership

Included in screeners

Large cap companies

NASDAQ 100 companies

Earnings calendar: next 7 days

Worst performing stocks today

Stocks with price above SMA 50

Dividend per share TTM all-time high

Annual dividend per share 3-years growth

Analysts recommendations: hold

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PAYX Latest News

Paychex (PAYX) - Wall Street Numbers (9)

Paychex (PAYX) - Wall Street Numbers (10)

Paychex Stock Underperforms Amid Economic Uncertainty. Can It Recover To Over $140?

forbes.com31 May 2024 Sentiment: POSITIVE

Paychex stock currently trades at $118 per share, around 16% below its level of $141 seen on April 6, 2022 (pre-inflation shock high), and has the potential for gains. In comparison, the company's peer ADP stock has remained roughly flat over the same period.

Paychex (PAYX) - Wall Street Numbers (11)

Paychex (PAYX) - Wall Street Numbers (12)

These 2 Business Services Stocks Could Beat Earnings: Why They Should Be on Your Radar

Zacks Investment Research17 April 2024 Sentiment: POSITIVE

Investors are encouraged to utilize the Zacks Earnings ESP tool in order to identify stocks that are likely to exceed quarterly earnings expectations.

Paychex (PAYX) - Wall Street Numbers (13)

Paychex (PAYX) - Wall Street Numbers (14)

Paychex's softer revenue outlook sparks share price caution - analyst

Proactive Investors03 April 2024 Sentiment: NEGATIVE

Jefferies has slapped a hold rating on Paychex Inc (NASDAQ:PAYX) stock after the human resources group reported a third-quarter revenue shortfall and downbeat forecast. Paychex's revenues fell short of expectations mainly due to lower Employee Retention Tax Credit (ERTC) claims, softer hiring trends, and greater discounting than anticipated.

Paychex (PAYX) - Wall Street Numbers (15)

Paychex (PAYX) - Wall Street Numbers (16)

Buy the Dip in Paychex, Inc. for a Pay Check at Retirement

MarketBeat02 April 2024 Sentiment: POSITIVE

Paychex, Inc.'s NASDAQ: PAYX stock price is falling into a buying opportunity that retirement-oriented income investors should heed. The only trouble with the Q3 results and guidance is that they failed to exceed expectations, and the stock valuation was high.

Paychex (PAYX) - Wall Street Numbers (17)

Paychex (PAYX) - Wall Street Numbers (18)

Compared to Estimates, Paychex (PAYX) Q3 Earnings: A Look at Key Metrics

Zacks Investment Research02 April 2024 Sentiment: POSITIVE

Although the revenue and EPS for Paychex (PAYX) give a sense of how its business performed in the quarter ended February 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Paychex (PAYX) - Wall Street Numbers (19)

Paychex (PAYX) - Wall Street Numbers (20)

Paychex (PAYX) Beats Q3 Earnings Estimates

Zacks Investment Research02 April 2024 Sentiment: POSITIVE

Paychex (PAYX) came out with quarterly earnings of $1.38 per share, beating the Zacks Consensus Estimate of $1.36 per share. This compares to earnings of $1.29 per share a year ago.

Paychex (PAYX) - Wall Street Numbers (21)

Paychex (PAYX) - Wall Street Numbers (22)

Paychex Stock Falls After Revenue Misses Estimates

Barrons02 April 2024 Sentiment: NEGATIVE

Paychex posts fiscal third-quarter revenue of $1.44 billion, missing analysts' estimates of $1.46 billion.

Paychex (PAYX) - Wall Street Numbers (23)

Paychex (PAYX) - Wall Street Numbers (24)

Paychex (PAYX) Q3 Earnings Beat Estimates, Revenues Miss

Zacks Investment Research02 April 2024 Sentiment: POSITIVE

Paychex's (PAYX) third-quarter fiscal 2024 revenues rise y/y due to improved segmental performances.

Paychex (PAYX) - Wall Street Numbers (25)

Paychex (PAYX) - Wall Street Numbers (26)

Will Top-Line Improvement Aid Paychex (PAYX) in Q3 Earnings?

Zacks Investment Research28 March 2024 Sentiment: POSITIVE

Paychex's (PAYX) third-quarter fiscal 2024 top line is likely to have benefited from improved revenues in Management Solutions, and PEO and insurance solution units.

Paychex (PAYX) - Wall Street Numbers (27)

Paychex (PAYX) - Wall Street Numbers (28)

Paychex (PAYX) to Report Q3 Earnings: Here's What to Expect

Zacks Investment Research20 March 2024 Sentiment: POSITIVE

Paychex (PAYX) is expected to witness earnings and revenue growth in the third quarter of fiscal 2024 on the back of likely demand for solutions.

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What type of business is Paychex?

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.

What sector is Paychex in?

Paychex is in the Industrials sector

What industry is Paychex in?

Paychex is in the Staffing & Employment Services industry

What country is Paychex from?

Paychex is headquartered in United States

When did Paychex go public?

Paychex initial public offering (IPO) was on 26 August 1983

What is Paychex website?

https://www.paychex.com

Is Paychex in the S&P 500?

Yes, Paychex is included in the S&P 500 index

Is Paychex in the NASDAQ 100?

Yes, Paychex is included in the NASDAQ 100 index

Is Paychex in the Dow Jones?

No, Paychex is not included in the Dow Jones index

When does Paychex report earnings?

The next expected earnings date for Paychex is 26 June 2024

Paychex (PAYX) - Wall Street Numbers (2024)

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