PAYX - Paychex, Inc.
| Previous Close | 80.09 |
| Open | 80.82 |
| Bid | 80.09 x 800 |
| Ask | 82.10 x 800 |
| Day's Range | 80.61 - 81.67 |
| 52 Week Range | 61.32 - 88.43 |
| Volume | 1,732,100 |
| Avg. Volume | 1,949,165 |
| Market Cap | 29.276B |
| Beta (3Y Monthly) | 0.88 |
| PE Ratio (TTM) | 28.49 |
| EPS (TTM) | 2.86 |
| Earnings Date | Sep 30, 2019 - Oct 4, 2019 |
| Forward Dividend & Yield | 2.48 (2.96%) |
| Ex-Dividend Date | 2019-07-31 |
| 1y Target Est | 81.88 |
- 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 March 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. * 15 Growth Stocks to Buy for the Long Haul 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 nearly $5.6 billion in cash flow from operations. In their most recent reported quarter, MCD produced earnings per share of $1.97, 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 2.20% dividend yield, which management should have no problems sustaining. Aflac (AFL)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.Source: Shutterstock 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. * 15 Growth Stocks to Buy for the Long Haul 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 16%. Better yet, Aflac pays out a 2% dividend yield. Steady growth and passive income? AFL is too good to ignore. Paychex (PAYX)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.Source: Shutterstock 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 18% year-over-year. Activision Blizzard (ATVI)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).Source: Shutterstock 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." * 15 Growth Stocks to Buy for the Long Haul 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.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)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.Source: Shutterstock \ 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)On the surface, it appears big tobacco firms like Philip Morris International (NYSE:PM) face a double-whammy.Source: Taber Andrew Bain Via FlickrFirst, 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 gained nearly 26%. * 15 Growth Stocks to Buy for the Long Haul Second, PM is intently focused on IQOS, which is a type of vaporizer. What makes IQOS distinct from the vaping competition is authenticity. PM understands the nuances that smokers are looking for, and they seek to replicate that experience in a digital platform.Best of all, Philip Morris is a cash-rich organization. That provides substantial confidence in the company's generous 5.4% dividend yield. Gilead Sciences (GILD)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 gained only a little less than 3% YTD under choppy conditions.Source: Shutterstock 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 3.9%. BCE (BCE)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.Source: Shutterstock These impressive stats finally have started to translate into market success. So far this year, BCE shares are up 17%. * 15 Growth Stocks to Buy for the Long Haul 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 5.15% dividend yield, which the company can support.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 * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post The 8 Best Cash Cow Stocks to Buy for Stable Returns appeared first on InvestorPlace.
- Zacks
Paychex (PAYX) Gains But Lags Market: What You Should Know
Paychex (PAYX) closed the most recent trading day at $83.73, moving +1.12% from the previous trading session.
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Top Stock Reports: Micron, Sinopec, Celgene & More
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- PR Newswire
Paychex Introduces Cyber Liability Protection
Coverage helps businesses prepare for unexpected costs resulting from data breaches, hackers, ransomware, and online banking fraud ROCHESTER, N.Y. , Aug. 12, 2019 /PRNewswire/ -- To help safeguard businesses ...
- Simply Wall St.
Paychex, Inc. (NASDAQ:PAYX) Has Attractive Fundamentals
Attractive stocks have exceptional fundamentals. In the case of Paychex, Inc. (NASDAQ:PAYX), there's is a...
- Zacks
Paychex (PAYX) Stock Sinks As Market Gains: What You Should Know
Paychex (PAYX) closed the most recent trading day at $82.25, moving -0.02% from the previous trading session.
- PR Newswire
Paychex Featured on Selling Power's "50 Best Companies to Sell For" List in 2019
ROCHESTER, N.Y., Aug. 7, 2019 /PRNewswire/ -- Paychex, Inc. has ranked on the Selling Power 50 Best Companies to Sell For list. This is the 19th consecutive year the list has appeared in the magazine, and the seventh consecutive year Paychex has appeared on the list. Paychex ranked number three on this year's list.
- PR Newswire
Paychex Again Ranks as Industry's Largest Provider of 401(k) Recordkeeping Plans
ROCHESTER, N.Y., Aug. 6, 2019 /PRNewswire/ -- For the ninth consecutive year, Paychex, Inc., one of the nation's leading providers in 401(k) recordkeeping services, has earned the distinction of being the retirement industry's leader in total number of defined contribution plans, serving 84,000 plans, more than any other provider in the retirement industry. In addition to earning consecutive accolades as the largest recordkeeper by number of plans, Paychex also earned the distinction of being the leading provider by total number of plans added in 2018, with 16,425 new plans. Paychex was also recognized as largest recordkeeper by total plans with less than $10 million in assets.
- 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.
- Zacks
Why Is Paychex (PAYX) Up 4% 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.
- Simply Wall St.
Should Income Investors Look At Paychex, Inc. (NASDAQ:PAYX) Before Its Ex-Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
- Simply Wall St.
Does Paychex, Inc. (NASDAQ:PAYX) Have A Good P/E Ratio?
The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). We'll look at Paychex...
- Business Wire
Paychex Declares Quarterly Dividend
Today the Board of Directors of Paychex, Inc. declared a regular quarterly dividend of $.62 per share payable August 22, 2019 to shareholders of record August 1, 2019.
- GuruFocus.com
Paychex Inc (PAYX) CEO & President Martin Mucci Sold $1.7 million of Shares
CEO & President of Paychex Inc (NASDAQ:PAYX) Martin Mucci sold 19,759 shares of PAYX on 07/06/2019 at an average price of $85.31 a share.
- Markit
See what the IHS Markit Score report has to say about Paychex Inc.
Paychex Inc NASDAQ/NGS:PAYXView full report here! Summary * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for PAYX with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NeutralETF activity is neutral. The net inflows of $7.94 billion over the last one-month into ETFs that hold PAYX are not among the highest of the last year and have been slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- PR Newswire
Small Business Job Growth Slows in June, While Wage Growth Increases
The Paychex | IHS Markit Small Business Employment Watch shows small business job growth declined 1.09 percent year-over-year; Hourly earnings growth rose for the third consecutive month ROCHESTER, N.Y. ...
- TheStreet.com
Paychex Could Drop 11% From Here in the Weeks Ahead
On Mad Money's "Executive Decision" segment Monday night, Jim Cramer talked with Marty Mucci, president and CEO of Paychex, Inc. The stock has been bouncing back after last week's punishing post-earnings price action. Mucci said the company delivered on what most expectations were calling for, and felt good about PAYX moving forward.
- Investor's Business Daily
10 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 10 dividend payers on IBD's radar.
- TheStreet.com
Paychex Stock Is Poised to Change Direction
Pay attention to Paychex Inc. . Shares of the payroll services and human resources company have formed a significant technical pattern. The PAYX chart, below, shows the stock having had a substantial run up in price from the lows of last December to middle of June with a very definable uptrend line commencing in February.
- Thomson Reuters StreetEvents
Edited Transcript of PAYX earnings conference call or presentation 26-Jun-19 1:30pm GMT
Q4 2019 Paychex Inc Earnings Call
- GuruFocus.com
Paychex's 4th-Quarter Earnings Rise on Robust Management Solutions Revenue
Revenue increases 16%
- Simply Wall St.
Are Paychex, Inc. (NASDAQ:PAYX) Investors Paying Above The Intrinsic Value?
How far off is Paychex, Inc. (NASDAQ:PAYX) from its intrinsic value? Using the most recent financial data, we'll take...
- Investopedia
Bitcoin Soars While Stocks Trade Flat
Bitcoin is in another parabolic rally, while we may have to wait for trade talks at the G-20 before we see a breakout in stocks.
Motley FoolPaychex Inc (PAYX) Q4 2019 Earnings Call Transcript
PAYX earnings call for the period ending May 31, 2019.
- Zacks
Paychex (PAYX) Q4 Earnings Miss Estimates, Revenues Beat
Paychex (PAYX) fourth-quarter fiscal 2019 earnings and revenues increase on a year-over-year basis.
