PAYX - Paychex, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
84.94
+0.20 (+0.24%)
As of 12:24PM EST. Market open.
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Previous Close84.74
Open84.67
Bid84.90 x 800
Ask84.93 x 1400
Day's Range84.08 - 85.07
52 Week Range61.32 - 88.43
Volume471,461
Avg. Volume1,362,001
Market Cap30B
Beta (5Y Monthly)0.87
PE Ratio (TTM)29.09
EPS (TTM)2.92
Earnings DateDec 18, 2019
Forward Dividend & Yield2.48 (2.93%)
Ex-Dividend Date2019-10-31
1y Target Est83.59
  • Paychex (PAYX) to Report Q2 Earnings: What's in the Offing?
    Zacks

    Paychex (PAYX) to Report Q2 Earnings: What's in the Offing?

    Paychex's (PAYX) second-quarter fiscal 2020 earnings and revenues are expected to have increased year over year.

  • Paychex Identifies the Top 10 Regulatory Issues for Employers in 2020
    PR Newswire

    Paychex Identifies the Top 10 Regulatory Issues for Employers in 2020

    Paychex, Inc., a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, today identified the top 10 regulatory issues that employers should be aware of and prepared for in 2020. As business owners and HR managers plan for the year ahead, the list outlines the compliance topics that should be kept top of mind as they are likely to shape the legislative and regulatory landscape of the next 12 months, especially heading into an unpredictable election year.

  • How Much Did Paychex, Inc.'s (NASDAQ:PAYX) CEO Pocket Last Year?
    Simply Wall St.

    How Much Did Paychex, Inc.'s (NASDAQ:PAYX) CEO Pocket Last Year?

    Marty Mucci became the CEO of Paychex, Inc. (NASDAQ:PAYX) in 2010. This report will, first, examine the CEO...

  • Paychex (PAYX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
    Zacks

    Paychex (PAYX) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

    Paychex (PAYX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • Paychex Supports Customers with New Form W-4 through Rapid System Update and Other Resources
    PR Newswire

    Paychex Supports Customers with New Form W-4 through Rapid System Update and Other Resources

    Paychex, Inc., a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, has updated its systems to accommodate the new Form W-4 issued late yesterday by the IRS, while continuing to support calculation methods of the previous W-4 for its customers. All new employees hired as of January 1, 2020 must complete the new Form W-4, as well as any current employees who wish to make withholding adjustments.

  • Is Paychex, Inc. (PAYX) Going to Burn These Hedge Funds?
    Insider Monkey

    Is Paychex, Inc. (PAYX) Going to Burn These Hedge Funds?

    Hedge funds are known to underperform the bull markets but that's not because they are terrible at stock picking. Hedge funds underperform because their net exposure in only 40-70% and they charge exorbitant fees. No one knows what the future holds and how market participants will react to the bountiful news that floods in each […]

  • Business Wire

    Paychex, Inc. Schedules Second Quarter Fiscal 2020 Earnings Release Conference Call for December 18, 2019

    Paychex, Inc. (Nasdaq:PAYX) is scheduled to release financial results for the fiscal 2020 second quarter ended November 30, 2019 via Business Wire before the financial markets open on Wednesday, December 18, 2019.

  • Small Business Wage Growth Hits New High, Job Growth Consistent in November
    PR Newswire

    Small Business Wage Growth Hits New High, Job Growth Consistent in November

    The tight labor market continues to positively impact wage growth, according to the latest Paychex | IHS Markit Small Business Employment Watch. Hourly earnings grew 3.11 percent among employees of small businesses, the highest level since reporting began in 2011. Weekly earnings continue to grow, accelerating 3.75 percent in November. Essentially unchanged from the previous month, the national jobs index moderated 0.03 percent, remaining above 98.

  • Is Paychex (PAYX) Outperforming Other Business Services Stocks This Year?
    Zacks

    Is Paychex (PAYX) Outperforming Other Business Services Stocks This Year?

    Is (PAYX) Outperforming Other Business Services Stocks This Year?

  • Urbem's 'Wonderful Business' Series: Paychex
    GuruFocus.com

    Urbem's 'Wonderful Business' Series: Paychex

    A cash cow and also a cash calf Continue reading...

  • Best Dividend Stocks In 2019: 5 High-Yield Stocks Beating The S&P 500
    Investor's Business Daily

    Best Dividend Stocks In 2019: 5 High-Yield Stocks Beating The S&P 500

    The best dividend stocks give a powerful boost to income and retirement portfolios. These stocks offer both solid yields and strong performance.

  • 14 High Dividend Stocks You Can Count On
    Investor's Business Daily

    14 High Dividend Stocks You Can Count On

    High-dividend stocks can be misleading. Here's a smart way to find stable stocks with high dividends. Watch these 14 dividend payers on IBD's radar.

  • PR Newswire

    Paychex One of the Best Places to Work in Insurance

    ROCHESTER, N.Y., Nov. 19, 2019 /PRNewswire/ -- Paychex Insurance Agency, Inc., a wholly owned subsidiary of Paychex, Inc., has been named to Business Insurance magazine's 2019 list of the Best Places to Work in Insurance. This marks the fifth year in a row that the agency has been honored through the Best Places to Work in Insurance program, which recognizes employers for establishing workplaces where employees can thrive, enjoy their work, and help their companies grow.

  • What Can We Make Of Paychex, Inc.’s (NASDAQ:PAYX) High Return On Capital?
    Simply Wall St.

    What Can We Make Of Paychex, Inc.’s (NASDAQ:PAYX) High Return On Capital?

    Today we are going to look at Paychex, Inc. (NASDAQ:PAYX) to see whether it might be an attractive investment...

  • PR Newswire

    FORTUNE® Names Paychex Among the 'Future 50' Companies Best Positioned for Growth

    ROCHESTER, N.Y., Nov. 18, 2019 /PRNewswire/ -- Paychex, Inc., a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, has been included on FORTUNE magazine's Future 50 list of companies that are best positioned for long-term growth by demonstrating both steady execution and strategic agility. In addition to the company's solid financial results, Paychex was recognized for its commitment to innovative technology offerings, designed to meet the needs of the evolving workplace. "Paychex has stayed focused on innovation, launching new products for niche markets, such as solo practitioners, and steadily adding functionality to its core platforms," the FORTUNE article reports.

  • The 8 Best Cash Cow Stocks to Buy for Stable Returns
    InvestorPlace

    The 8 Best Cash Cow Stocks to Buy for Stable Returns

    [Editor's note: "The 8 Best Cash Cow Stocks to Buy for Stable Returns" was previously published in October 2019. It has since been updated to include the most relevant information available.]One of the most popular investment strategies is to focus on fast-charging growth companies. The appeal, of course, is that you can get in on the ground floor of a paradigm-shifting industry. But remember the adage cash is king. The most dependable stocks to buy are usually what people call "cash cows."While no one will criticize sharply rising growth metrics, cash flow represents a business' lifeblood. A weakened cash position can lead to severe problems further down the road, even with strong growth. No matter how viable an organization, it must find a way to keep the lights on. That's why some of the best investments also feature consistent free cash flow.InvestorPlace - Stock Market News, Stock Advice & Trading TipsAnother reason to look at a company's money outflows as opposed to strictly its income statement is flexibility. Simply put, well-financed operations have more options. They can choose to put money to work through key investments, or to expand operations. * 10 Cheap Stocks to Buy Under $10 And if the worst happens, and the underlying industry hits a recession, cash cows can better weather the storm. Because of this dynamic, you'll want to at least peek at the cash flow statement for your target investments.Below are the eight best cash cow stocks to buy now: McDonald's (MCD)I'm going to make a confession straight off the bat. I don't understand why people eat at McDonald's (NYSE:MCD), particularly those who do so regularly. Admittedly, they make great coffee and their French fries are to die for, but the rest of it? Not quite so appetizing.Source: Shutterstock Nevertheless, I don't need to understand a phenomenon to recognize that it's working. Moreover, those who are looking primarily for reliable stocks to invest in should seriously consider MCD stock.Last year, the iconic fast-food company generated net income of nearly $6 billion. In its most recent reported quarter, MCD produced earnings per share of $1.99, in-line with analysts' average estimate.Additionally, McDonald's enjoys consistent FCF every year, offering invaluable confidence in a rising, but unpredictable market. Plus, MCD pays out a 2.57% dividend yield, which management should have no problems sustaining. Aflac (AFL)Source: Ken Wolter / Shutterstock.com We often say that there are two guarantees in life: death and taxes. In reality, we should add a third, which is random events that conspire to ruin your day. Whether it's a massive accident or a debilitating illness, stuff happens.When it does, Aflac's (NYSE:AFL) insurance products can help you or your family recover financially.It's amazing how much a relatively common occurrence, such as a broken leg, can add up to serious out-of-pocket expenses. Just for the consistent demand, AFL should be on most people's list of stocks to buy. And as you might expect, Aflac enjoys robust cash flows from operations. * 7 Tech Stocks to Buy for the Rest of 2019 AFL is one of those conservative stocks to buy that have performed well in the markets. On a year-to-date basis, shares are up 11%. Better yet, Aflac pays out a 2.1% dividend yield. Steady growth and passive income? AFL is too good to ignore. Paychex (PAYX)Source: Eric Glenn / Shutterstock.com If you're asked to come down to the human resources department, chances are, it's for unpleasant reasons. Nevertheless, HR plays a crucial role as it deals directly with a company's most valuable asset: people. You can never go wrong with experts in this field, which is why Paychex (NASDAQ:PAYX) is a consistent winner.But another factor boosting PAYX is their product flexibility. Despite their big-name brand, they offer scaled solutions for virtually any organization. From tiny businesses with a lone employee to major, multinational firms, PAYX can tailor-fit an effective, efficient platform. That will come in handy over the next few years as new businesses focus on agility rather than brute size.As you might expect, Paychex features a healthy balance between growth and cash flows; PAYX is up 28% so far this year. Activision Blizzard (ATVI)Source: Casimiro PT / Shutterstock.com The video game sector offers some of the best stocks to invest in. Thanks to gaming culture and tournaments going mainstream, this is an industry that will perpetually rise higher. Over the longer-term, this presents a viable tailwind for Activision Blizzard (NASDAQ:ATVI).Admittedly, though, the ride in ATVI hasn't been an easy one. While its YTD performance is pretty much flat, shares have gyrated severely multiple times.Investors have an understandable concern that they're buying into ATVI near at or near its highs. Moreover, Activision has suffered significant competition; namely, Epic Games' "Fortnite."Still, I'm not worried. In terms of first-person shooting games, ATVI is still the king. Its "Call of Duty" series is legitimately a cash cow. Furthermore, Activision's financials have consistently demonstrated rising cash flow from operations. That might take a hit this year due to the competitive environment. * 7 Great High-Yield Stocks With Payouts Over 5% However, don't count out ATVI. Not only can Activision leverage its own strengths in shooter games, "Fortnite" mania may be peaking. Alphabet (GOOG, GOOGL)Source: Valeriya Zankovych / Shutterstock.com Out of all the cash cow stocks to buy, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) stands alone. One of the chief reasons why is due to the company's prevalence across multiple lucrative markets. From laptops to cloud computing to driverless-vehicle technology, GOOG disrupts any sector it wishes.But the biggest reason I like Alphabet is that it dominates the internet. I realize that it's a tired argument because everybody has mentioned it. That doesn't mean, though, that the argument is any less valid.For instance, we all know that Google is the most popular search engine, but the gap between first place and second-ranked Bing is a whopping 66%!Moreover, Google is the unquestioned leader of mobile and tablet search engines with a 93% market share. In order to get anything done online, you essentially must go through Alphabet. And if your company doesn't rank well on Google, you're dead in the water. Philip Morris International (PM)Source: vfhnb12 / Shutterstock.com On the surface, it appears big tobacco firms like Philip Morris International (NYSE:PM) face a double-whammy.First, Americans are smoking cigarettes at a significantly reduced rate. Also, the under-18 crowd isn't taking up the habit like prior generations had. Second, the vaping market has exploded in popularity thanks to its cleaner platform.I don't think it's over for Philip Morris. For one thing, several markets, including the eastern Mediterranean and Africa, have witnessed a lift in smoking rates. That, of course, suits PM perfectly, which is the international arm of the iconic tobacco firm. PM stock has rebounded this year. On a YTD basis, shares have jumped 25%. * 7 Large-Cap Stocks to Give a Wide Berth Best of all, Philip Morris is a cash-rich organization. That provides substantial confidence in the company's generous 6.1% dividend yield. Gilead Sciences (GILD)Source: Shutterstock Thanks to an unpredictable political environment and an extremely competitive atmosphere, several pharmaceuticals have underperformed this year. Gilead Sciences (NASDAQ:GILD) is no exception, with GILD shares having fallen 1.6% YTD under choppy conditions.But in the long run, I don't expect this pressured situation to continue. Earlier this year, Gilead announced positive results from a late-stage clinical trial of a rheumatoid arthritis drug.Additionally, management is looking forward to developing iterations of its HIV drug, Biktarvy. GILD could develop an injectable version of Biktarvy for patients who are resistant to the drug.If nothing else, GILD belongs on your list of stocks to buy thanks to its cash position. Even under a challenging environment, Gilead managed nearly $12 billion in operating cash flow last year. The company is more than stable enough to continue supporting its dividend yield, which currently stands at 4%. BCE (BCE)Source: Shutterstock As Canada's biggest communications firm, BCE (NYSE:BCE) essentially has a moat. In this day and age, no one can survive without internet access.As such, BCE leverages extensive broadband and wireless networks that have a value north of $4 billion. The company's broadband footprint extends out to 9.2 million locations, and it offers LTE wireless coverage for almost every Canadian.These impressive stats finally have started to translate into market success. So far this year, BCE shares are up 21.5%.Shares have grown slowly and steadily since the beginning of the year, suggesting the worst of the volatility is behind it. Second, BCE's revenues have steadily increased over the past three years, and we're on pace for a fourth. Finally, BCE offers a generous 5% dividend yield, which the company can support. * 7 Stocks to Sell Before They Roll Over Last year, the telecom firm had $5.8 billion in operating cash flow, and $2.6 billion FCF. Unless Canadians suddenly stop using the internet, you can trust BCE.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Important IPO Stocks to Watch for the Long Run * 7 High Volatility Stocks to Buy as the Market Rebounds * 7 Dow Jones Industrial Average Stocks to Sell The post The 8 Best Cash Cow Stocks to Buy for Stable Returns appeared first on InvestorPlace.

  • Tom Golisano invests $20 million into Buffalo-based 3-D printing startup
    American City Business Journals

    Tom Golisano invests $20 million into Buffalo-based 3-D printing startup

    PostProcess Technologies is getting a major boost from Tom Golisano, a billionaire entrepreneur and philanthropist who founded Rochester-based PayChex.

  • 9 Top Tech Stocks Pay Big Dividends (And Beat The Market, Too)
    Investor's Business Daily

    9 Top Tech Stocks Pay Big Dividends (And Beat The Market, Too)

    Owning the hottest sector doesn't mean swearing off of dividends anymore. If you look hard enough you can get big income and S&P; 500-beating returns — in tech.

  • Moody's

    Automatic Data Processing, Inc. -- Moody's affirms ADP at Aa3; outlook is stable

    Despite the company's strong market position, Moody's considers ADP's competitive landscape which includes pressures from rival service providers such as Paychex, Inc. (unrated), Ceridian HCM Holding Inc. (B2, stable) and Ultimate Software Group, Inc. (The) (B3, positive), long-established enterprise application software vendors, such as Oracle Corporation (A1, stable) and SAP SE (A2, stable), and more recent entrants such as Workday, Inc. (unrated) whose solutions have been specifically built as single application platforms in the cloud. The company's credit rating also considers ADP's exposure to economic cyclicality with respect to employment levels and interest rate volatility as well as shifting structural trends and work arrangements within the company's markets. Additional risks to the issuer's credit quality include ADP's smaller scale relative to its rated peer group, service line concentration, limited geographic diversity, and potential reputational risk in the event of a data security or customer privacy breach of the company's systems.

  • Why Is Paychex (PAYX) Up 1.3% Since Last Earnings Report?
    Zacks

    Why Is Paychex (PAYX) Up 1.3% Since Last Earnings Report?

    Paychex (PAYX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

  • IQVIA (IQV) Surpasses Q3 Earnings and Revenue Estimates
    Zacks

    IQVIA (IQV) Surpasses Q3 Earnings and Revenue Estimates

    IQVIA's (IQV) third-quarter 2019 earnings and revenues increase year over year.

  • Aptiv's (APTV) Q3 Earnings Match Estimates, Revenues Lag
    Zacks

    Aptiv's (APTV) Q3 Earnings Match Estimates, Revenues Lag

    Aptiv's (APTV) third-quarter 2019 earnings and revenues increase year over year.

  • Does Paychex's (NASDAQ:PAYX) Share Price Gain of 79% Match Its Business Performance?
    Simply Wall St.

    Does Paychex's (NASDAQ:PAYX) Share Price Gain of 79% Match Its Business Performance?

    Stock pickers are generally looking for stocks that will outperform the broader market. And in our experience, buying...

  • Xerox (XRX) Beats Q3 Earnings Estimates, Raises '19 EPS View
    Zacks

    Xerox (XRX) Beats Q3 Earnings Estimates, Raises '19 EPS View

    Xerox's (XRX) third-quarter 2019 earnings increase but revenues decline year over year.