PAYX - Paychex, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
84.85
-0.90 (-1.05%)
As of 10:58AM EST. Market open.
Stock chart is not supported by your current browser
Previous Close85.75
Open85.98
Bid84.86 x 900
Ask84.88 x 1300
Day's Range84.73 - 85.98
52 Week Range61.32 - 88.43
Volume209,635
Avg. Volume1,410,724
Market Cap30.372B
Beta (3Y Monthly)0.87
PE Ratio (TTM)29.06
EPS (TTM)2.92
Earnings DateDec 17, 2019 - Dec 23, 2019
Forward Dividend & Yield2.48 (2.89%)
Ex-Dividend Date2019-10-31
1y Target Est83.35
  • 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.

  • 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?

  • 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.

  • FTI Consulting (FCN) Beats Q3 Earnings and Revenue Estimates
    Zacks

    FTI Consulting (FCN) Beats Q3 Earnings and Revenue Estimates

    FTI Consulting's (FCN) third-quarter 2019 results reflect strong performance of Corporate Finance & Restructuring, and Forensic and Litigation Consulting segments.

  • Is Paychex (PAYX) Stock Outpacing Its Business Services Peers This Year?
    Zacks

    Is Paychex (PAYX) Stock Outpacing Its Business Services Peers This Year?

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

  • Small Business Wage Growth Gains Momentum, Job Growth Holds Steady in October
    PR Newswire

    Small Business Wage Growth Gains Momentum, Job Growth Holds Steady in October

    Paychex | IHS Markit Small Business Employment Watch shows small business hourly earnings growth hit 3.00 percent in October ROCHESTER, N.Y. , Oct. 29, 2019 /PRNewswire/ -- The tight labor market positively ...

  • PR Newswire

    Paychex Named to HRExaminer 2020 Watchlist for AI in HR

    ROCHESTER, N.Y., Oct. 25, 2019 /PRNewswire/ -- HRExaminer has named Paychex to its 2020 Watchlist for intelligent tools and artificial intelligence in HR. As part of the third annual report – The 2020 Index of Intelligent Tools in HR Technology – Paychex, Inc., a leading provider of HR, payroll, benefits, and insurance solutions, appears on the Watchlist for the first time. "Legacy providers have massive market advantages over startups," noted John Sumser, HRExaminer founder and principal analyst, in the report.

  • One-in-Four Businesses Do Not Use Data Security Software to Defend Against Cyberthreats
    PR Newswire

    One-in-Four Businesses Do Not Use Data Security Software to Defend Against Cyberthreats

    ROCHESTER, N.Y., Oct. 24, 2019 /PRNewswire/ -- Today, in recognition of National Cybersecurity Awareness Month, Paychex, Inc., a leading provider of HR technology solutions for human resources, payroll, benefits, and insurance services, is sharing new insights from a survey of 500 business owners with one to 500 employees about the impact of data security on their organizations. According to the Paychex study, despite the growing risk of cyberattacks, 27 percent of business owners are not currently leveraging any type of data security software.

  • Robert Half (RHI) Q3 Earnings Meet Estimates, Revenues Beat
    Zacks

    Robert Half (RHI) Q3 Earnings Meet Estimates, Revenues Beat

    Robert Half (RHI) witnesses solid revenue growth across its U.S. staffing and Protiviti operations in the third quarter of 2019.

  • Rollins' (ROL) Q3 Earnings Match Estimates, Revenues Beat
    Zacks

    Rollins' (ROL) Q3 Earnings Match Estimates, Revenues Beat

    Rollins' (ROL) third-quarter 2019 earnings and revenues improved year over year.

  • ManpowerGroup (MAN) Q3 Earnings and Revenues Miss Estimates
    Zacks

    ManpowerGroup (MAN) Q3 Earnings and Revenues Miss Estimates

    Challenging market environment in Europe weighs on ManpowerGroup's (MAN) third-quarter 2019 revenues.

  • TheStreet.com

    Add Yourself to the Payroll of This Attractive Dividend Stock

    Income investors looking for steady growth and consistent dividends should consider the payroll services industry. The industry is controlled by two dominating companies -- Automatic Data Processing and Paychex Inc. . Automatic Data Processing, or ADP, is the far bigger company of the two, and it is also a Dividend Aristocrat.

  • Business Wire

    Paychex Declares Quarterly Dividend

    Today the Board of Directors of Paychex, Inc. declared a regular quarterly dividend of $.62 per share payable November 21, 2019 to shareholders of record November 1, 2019.