|Bid||81.59 x 1200|
|Ask||81.60 x 900|
|Day's Range||81.10 - 81.69|
|52 Week Range||59.55 - 82.64|
|Beta (3Y Monthly)||1.20|
|PE Ratio (TTM)||30.79|
|Earnings Date||Jun 25, 2019 - Jul 1, 2019|
|Forward Dividend & Yield||2.24 (2.79%)|
|1y Target Est||79.56|
Shares of the payment services company have benefited from a strong economy, but the chart now shows overbought technical readings.
Paychex (PAYX) is a provider of payroll, human resource services, retirement services, and insurance services to small and medium-size firms, explains David Coleman, an analyst with Argus Research, a leading independent research firm.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! If you are currently a shareholder in Paychex, Inc. (NASDAQ:PAYX), or considering investing in the stock, you need to examine...
Paychex Inc NASDAQ/NGS:PAYXView full report here! Summary * ETFs holding this stock are seeing positive inflows * 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 | PositiveETF activity is positive. Over the last month, growth of ETFs holding PAYX is favorable, with net inflows of $28.61 billion. This is among the highest net inflows seen over the last one-year and the rate of additional inflows appears to be increasing. 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 email@example.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.
ROCHESTER, N.Y., April 8, 2019 /PRNewswire/ -- Paychex, Inc., one of the nation's leading providers in 401(k) recordkeeping services, has released a series of enhancements to both its participant dashboard and advisor portal, designed to simplify the process of enrolling in and managing a 401(k) plan. Participants can see how their savings today translate into monthly income during their retirement years. Users can also easily switch the dashboard from English to Spanish with a click of a button.
The Paychex | IHS Markit Small Business Employment Watch shows small business job growth slowed in March, while hourly earnings growth for workers remained stable ROCHESTER, N.Y. , April 2, 2019 /PRNewswire/ ...
Management has historically provided preliminary consumer tax season results in late April (typically in the fourth week of the month), which provide an update on units sold by product type during the season, as well as an update to guidance, if necessary. Then, in late May, Intuit announces its third-quarter results. In our view, most investors are already pricing in some level of consumer tax outperformance, given that the stock is trading at approximately 38 times calendar-year 2019 estimated earnings per share (2.7 times PEG), compared to large-cap software peers at 2.8 times PEG.
Hedge fund interest in Paychex, Inc. (NASDAQ:PAYX) shares was flat at the end of last quarter but that's because they got into the stock during Q3. This isn't necessarily a negative indicator. The level and the change in hedge fund popularity aren't the only variables you need to analyze to decipher hedge funds' perspectives. A stock […]
Paychex, Inc. (NASDAQ: PAYX ) reported third-quarter revenue and EPS that were marginally higher than expected Wednesday. The upside was driven by the recently acquired professional employer organization business, ...
The share price of Paychex Inc. (PAYX) declined 1.05% to $79.26 on March 27 after the Rochester, New York-based business services company released results for the third quarter of fiscal 2019. Paychex beat consensus estimates by 1 cent on non-GAAP earnings, posting 89 cents per share or 3% higher year-over-year on revenue of $1.07 billion, which reflected 14.3% growth and was in line with expectations. Other important numbers for the third quarter were a 7% increase in operating income to $429.3 million and a 1% increase in total expenses excluding Oasis Outsourcing Group Holdings LP's acquisition.
ROCHESTER, N.Y., March 28, 2019 /PRNewswire/ -- States and local jurisdictions are continuing to advance employment-related laws and regulations intended to protect workers. To help business owners remain aware and informed of the changing landscape, Paychex, Inc., a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services, is reporting the top employer laws and regulations accelerating with state and local governments across the U.S. "From sexual harassment prevention to evolving drug laws, over the past couple of years, we've seen a significant increase in the number of state and municipal regulations impacting employers," said Martin Mucci, Paychex president and CEO.
[Editor's note: This story was previously published in September 2018. It has since been updated and republished.]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.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. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos Below are the eight best cash cow stocks to buy now:Source: Shutterstock 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.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 quarter, MCD produced $1.34 billion in operating cash flow, up over 10% from the year-ago level.Additionally, McDonald's enjoys consistent FCF every year, offering invaluable confidence in a rising, but unpredictable market. Plus, MCD pays out a 2.46% dividend yield, which management should have no problems sustaining. Aflac (AFL)Source: Shutterstock 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. Last year, the insurance provider generated $6.1 billion. It also has FCF that averaged over $6 billion over the past four years. * 7 Reasons to Buy Housing Stocks in 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 nearly 9.5%. Better yet, Aflac pays out a 2.09% dividend yield. Steady growth and passive income? AFL is too good to ignore.Source: Shutterstock 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.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. In the most recent quarter, PAYX rang up $1.1 billion in revenue, up 14% year-over-year.Source: Shutterstock 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).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." * 7 Marijuana Stocks to Play the CBD Trend 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.Source: Shutterstock \ 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.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.In the most recent quarter it generated more than $39 billion in revenues.Source: Taber Andrew Bain Via Flickr Philip Morris International (PM)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.Naturally, PM stock has taken a big hit in the markets. On a YTD basis, shares have lost nearly 23%. Still, 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. * 7 Beaten-Up Stocks to Buy as They Reverse Course 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. Last year, it delivered $9.48 billion in operating cash flow, and it's on pace for $10 billion this year. That provides substantial confidence in the company's generous 5.19% dividend yield.Source: Shutterstock 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 more than 1% YTD under choppy conditions.But in the long run, I don't expect this pressured situation to continue. Recently, 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 3.97%.Source: Shutterstock 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.These impressive stats finally have started to translate into market success. So far this year, BCE shares are up more than 10%. . * Top 7 Service Sector Stocks That Will Pay You to Own Them 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 5.36% 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.Compare Brokers The post The 8 Best Cash Cow Stocks to Buy for Stable Returns appeared first on InvestorPlace.
Paychex stock dropped Wednesday after reporting fiscal third-quarter earnings that met views and revenue that topped forecasts.
The stock market had a big bounce on Tuesday and started off higher on Wednesday as well. By lunchtime though, investors were staring at ~1% losses across the board, although they have since erased about half of those losses. What's going on out there? We remain in a messy, choppy market after the indices' big rally off the December lows. Let's look at what's moving in the market today and get an idea of what top stock trades to watch going through the rest of this week. Top Stock Trades for Tomorrow 1: Russell 2000 ETFLet's talk about the iShares Russell 2000 ETF (NYSEARCA:IWM). This name has been a leader over the past few quarters, both on the upside and the downside. Earlier this month, the IWM put in a lower high from the month prior and failed to hold its 200-day moving average.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's now below the 50-day and 20-day moving averages as well. The setup is…not great. But that said, it's not like the rally is completely giving way. There are some negative catalysts working against stocks -- like fears of a global recession -- but the Fed remains patient and earnings aren't getting sacked. * 8 Genomic Testing Stocks That Can Ease the Sting of Theranos That, to me, limits our downside. However, that does not mean we're immune to a pullback and/or consolidation. Bulls may want to be a bit more cautious, at least until the IWM can recapture the 20-day and 50-day moving averages. I'm not a huge fan of the lower highs and lower lows, but that concern is only that, as long as we're over $145. Top Stock Trades for Tomorrow 2: Cronos GroupCronos Group (NASDAQ:CRON) is down about 10% after a number of downgrades came in following the company's quarterly results.So far, the 38.2% Fibonacci retracement for the 52-week range is holding up as support, but CRON is far from out of the woods. If this level fails, there could certainly be more downside.The prior breakout is down near $14 to $15, while the 50% retracement is at $15.06. So should CRON take out Wednesday's lows, this could be its destination down the road. Dip buyers need to use caution, especially with CRON below the 20-day and 50-day moving averages.A slightly higher open on Thursday followed by a decline that takes out Wednesday's low could give bears a low-risk short-term shorting opportunity. Top Stock Trades for Tomorrow 3: PaychexShares of Paychex (NYSE:PAYX) started off higher on the day, but faded from its opening gains after the company beat on earnings and reported in-line revenue results. PAYX stock is now down almost 2% on the day.The report wasn't necessarily bad, but perhaps it wasn't enough to sustain new highs. Worth noting though, PAYX did make new 52-week highs in the session. That said, it's near channel resistance on the weekly chart.At the very least, bulls may wait for a pullback into the 20-week or 50-week moving averages. However, waiting for a potential test of the 100-week moving average and/or channel support has proven to be much more prudent. It also allows bulls to enter into a less risky setup should it get there. Patience may be key here with PAYX. Top Stock Trades for Tomorrow 4: SouthwestShares of Southwest Airlines (NYSE:LUV) are rallying despite the company cutting its capacity guidance. A stock rallying on bad news is a good sign for a possible bottom.In either case, bulls have a reasonable setup. So far, the stock is holding above the 200-week moving average. Should the stock lose this level the recent lows near $45, it will tumble into no man's land. $45 is a notable multi-year level, but there's potential uptrend support (purple line) near this level as well.Aggressive bulls can go long on a weekly close over the 200-week moving average. Conservative bulls may want to wait for a potential pullback. If it materializes, an entry near $45 sets up a low-risk long. Top Stock Trades for Tomorrow 5: The Trade DeskThe Trade Desk (NASDAQ:TTD) has been a growth monster this year, but shares have been getting whacked over the past few sessions. Short-term uptrend support (blue line) didn't hold as support, nor did the 20-day moving average.That leaves the post-earnings open and the 50-day moving average near $170 on the table. Should these levels fail to hold, growth investors sure would love to snap this name up between $150 and $160. * 7 Reasons to Buy Housing Stocks in 2019 If you like mid cap growth stocks, TTD should surely be on your list. But keep in mind, it's a volatile one, so investors need a strong stomach.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 5 Top Stock Trades for Thursday: PAYX, IWM, CRON, TTD appeared first on InvestorPlace.
Paychex earnings for the company's fiscal third quarter of 2019 has PAYX stock down on Wednesday.Source: Shutterstock Paychex (NASDAQ:PAYX) reported earnings per share of 89 cents for its fiscal third quarter of the year. This is an increase over the company's earnings per share of 63 cents from the same time last year. It also just beat out Wall Street's earnings per share estimate of 88 cents for the quarter, but couldn't keep PAYX stock from falling today.Net income reported in the Paychex earnings release for its fiscal third quarter of 2019 comes in at $324.60 million. This is a drop from the company's net income of $367.20 million reported in the same period of the year prior.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe Paychex earnings report for its fiscal third quarter of the year also includes operating income of $429.30 million. The company's operating income from its fiscal third quarter of 2018 was $369.00 million.The most recent Paychex earnings report also has revenue for the quarter coming in at $1.07 billion. This is better than the company's revenue of $936.10 million reported in its fiscal third quarter of the previous year. It also matches analysts' revenue estimate for the period. * 7 Reasons to Buy Housing Stocks in 2019 All this sounds good. So why is Paychex stock down on Wednesday? It likely has to do with its revenue outlook for the full year of 2019. This has it expecting revenue to increase 6% to 7% for the year. Unfortunately for PAYX stock, Wall Street is expecting revenue to increase by roughly 11% to $3.74 billion.PAYX stock was down 2% as of Wednesday morning. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post Paychex Earnings: PAYX Stock Falls on Q3 Meet appeared first on InvestorPlace.
Paychex (PAYX) delivered earnings and revenue surprises of 0.00% and 3.43%, respectively, for the quarter ended February 2019. Do the numbers hold clues to what lies ahead for the stock?
Jim Cramer talks with Paychex CEO Martin Mucci about how the company is helping small- to medium-sized businesses resolve customer issues more quickly.