New Paychex Solution Gives Small Businesses Access to Capital
Business Wire (Tue, 12-Nov 9:00 AM ET)
TipRanks (Mon, 11-Nov 6:28 AM ET)
Small Businesses Continue to Show Moderate Job Growth in October
Business Wire (Tue, 29-Oct 8:30 AM ET)
Paychex Named a Leader in Payroll Services by NelsonHall for Eighth Time
Business Wire (Mon, 21-Oct 1:00 PM ET)
Paychex Declares Quarterly Dividend
Business Wire (Thu, 10-Oct 9:00 AM ET)
Job Growth Moderates Slightly for U.S. Small Businesses in September
Business Wire (Tue, 1-Oct 1:04 PM ET)
Paychex, Inc. Reports Solid First Quarter Results
Business Wire (Tue, 1-Oct 8:30 AM ET)
Bullish On PAYX? You Might Want To Consider This Credit Put Spread Expiring in 22 Days
Market Chameleon (Thu, 19-Sep 6:19 AM ET)
Paychex Introduces AI-Assisted Recruiting That Helps Small Businesses Instantly Find Top Talent
Business Wire (Wed, 18-Sep 11:00 AM ET)
Paychex, Inc. Schedules First Quarter Fiscal 2025 Earnings Conference Call for October 1, 2024
Business Wire (Tue, 17-Sep 2:00 PM ET)
Paychex is a leading provider of payroll, human capital management, and insurance solutions servicing small and midsize clients primarily in the United States. The company, founded in 1971, services over 745,000 clients and pays 1 in 12 US private-sector workers. Alongside its traditional payroll services, Paychex offers HCM solutions such as benefits administration and time and attendance software, as well as human resources outsourcing and insurance agency services.
Paychex trades on the NASDAQ stock market under the symbol PAYX.
As of November 12, 2024, PAYX stock price declined to $148.00 with 1,217,858 million shares trading.
PAYX has a beta of 0.65, meaning it tends to be less sensitive to market movements. PAYX has a correlation of 0.20 to the broad based SPY ETF.
PAYX has a market cap of $53.25 billion. This is considered a Large Cap stock.
Last quarter Paychex reported $1 billion in Revenue and $1.16 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.02.
In the last 3 years, PAYX traded as high as $150.71 and as low as $104.09.
The top ETF exchange traded funds that PAYX belongs to (by Net Assets): VTI, SCHD, VOO, QQQ, SPY.
PAYX has underperformed the market in the last year with a return of +33.3%, while SPY returned +37.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in PAYX shares. However, PAYX has outperformed the market in the last 3 month and 2 week periods, returning +19.7% and +6.2%, while SPY returned +12.3% and +2.8%, respectively. This indicates PAYX has been having a stronger performance recently.
PAYX support price is $147.08 and resistance is $150.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PAYX shares will trade within this expected range on the day.