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Paychex NasdaqGS:PAYX Stock Report

Last Price

US$125.46

Market Cap

US$44.9b

7D

1.2%

1Y

11.8%

Updated

18 Jun, 2024

Data

Company Financials +

PAYX Stock Overview

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.

PAYX fundamental analysis
Snowflake Score
Valuation4/6
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$125.46
52 Week HighUS$129.70
52 Week LowUS$106.27
Beta0.96
1 Month Change-0.15%
3 Month Change2.00%
1 Year Change11.78%
3 Year Change21.07%
5 Year Change47.95%
Change since IPO72,246.68%

Recent News & Updates

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

Recent updates

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

Paychex Q1 2023 Earnings Preview

Sep 27

Paychex, Inc.'s (NASDAQ:PAYX) Intrinsic Value Is Potentially 33% Above Its Share Price

Sep 26
Paychex, Inc.'s (NASDAQ:PAYX) Intrinsic Value Is Potentially 33% Above Its Share Price

Paychex: Expensive Stock, But The Options Market And Chart Present A Bullish Opportunity

Sep 13

Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$127?

Sep 12
Should You Investigate Paychex, Inc. (NASDAQ:PAYX) At US$127?

Paychex CEO Martin Mucci to retire

Aug 24

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

Aug 18
With EPS Growth And More, Paychex (NASDAQ:PAYX) Makes An Interesting Case

Shareholder Returns

PAYXUS Professional ServicesUS Market
7D1.2%0.2%1.6%
1Y11.8%3.9%22.3%

Return vs Industry: PAYX exceeded the US Professional Services industry which returned 3.9% over the past year.

Return vs Market: PAYX underperformed the US Market which returned 22.3% over the past year.

Price Volatility

Is PAYX's price volatile compared to industry and market?
PAYX volatility
PAYX Average Weekly Movement2.6%
Professional Services Industry Average Movement4.8%
Market Average Movement5.7%
10% most volatile stocks in US Market15.5%
10% least volatile stocks in US Market2.8%

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
197116,600John Gibsonwww.paychex.com

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.

Paychex, Inc. Fundamentals Summary

How do Paychex's earnings and revenue compare to its market cap?
PAYX fundamental statistics
Market capUS$44.89b
Earnings (TTM)US$1.66b
Revenue (TTM)US$5.21b

27.2x

P/E Ratio

8.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
PAYX income statement (TTM)
RevenueUS$5.21b
Cost of RevenueUS$1.47b
Gross ProfitUS$3.74b
Other ExpensesUS$2.08b
EarningsUS$1.66b

Last Reported Earnings

Feb 29, 2024

Next Earnings Date

Jun 26, 2024

Earnings per share (EPS)4.61
Gross Margin71.73%
Net Profit Margin31.86%
Debt/Equity Ratio21.8%

How did PAYX perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

77%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.