|Bid||88.03 x 1200|
|Ask||88.02 x 800|
|Day's Range||87.89 - 88.26|
|52 Week Range||68.82 - 88.43|
|Beta (5Y Monthly)||0.85|
|PE Ratio (TTM)||29.52|
|Earnings Date||Mar 24, 2020 - Mar 29, 2020|
|Forward Dividend & Yield||2.48 (2.82%)|
|Ex-Dividend Date||Oct 29, 2019|
|1y Target Est||85.35|
Today the Board of Directors of Paychex, Inc. (NASDAQ‑PAYX) declared a regular quarterly dividend of $.62 per share payable February 20, 2020 to shareholders of record February 3, 2020.
Paylocity (PCTY) launches W-4 Readiness Kit for easy customer compliance with the Internal Revenue Service's (IRS) new W-4, Employee's Withholding Certificate.
The best dividend stocks give a powerful boost to income and retirement portfolios. These stocks offer both solid yields and strong performance.
This article is written for those who want to get better at using price to earnings ratios (P/E ratios). We'll look at...
The competitive job market continues to drive wage growth higher, according to the latest Paychex | IHS Markit Small Business Employment Watch. Steady growth in hourly earnings and hours worked – with hours worked in December posting the strongest gains since 2012 – pushed weekly earnings growth to 4.13 percent, a new all-time high for employees of small businesses. The pace of small business employment growth remains consistent, with the national jobs index increasing slightly (0.06 percent) in December to 98.16.
Out of thousands of stocks that are currently traded on the market, it is difficult to identify those that will really generate strong returns. Hedge funds and institutional investors spend millions of dollars on analysts with MBAs and PhDs, who are industry experts and well connected to other industry and media insiders on top of that. Individual investors can piggyback […]
Paychex's (PAYX) investments in sales, marketing, service and technology are contributing significantly toward revenue growth and operating efficiency improvement.
Paychex (PAYX) delivered earnings and revenue surprises of 2.94% and 0.43%, respectively, for the quarter ended November 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of Paychex Inc. rose 2.1% toward a 6-month high in premarket trading Wednesday, after the company reported fiscal second-quarter profit and revenue that rose above expectations, and increased its full-year outlook, citing strength in its human resources outsourcing, time and attendance and retirement services. Net income for the quarter to Nov. 30 rose to $258.7 million, or 72 cents a share, from $235.8 million, or 65 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS of 70 cents was above the FactSet consensus of 68 cents. Revenue rose 15% to $990.7 million, to beat the FactSet consensus of $987.3 million. Service revenue grew 15% to $970.8 million to top expectations of $966.7 million, as 6% growth in management solutions revenue to $726.7 million beat expectations of $720.7 million. For fiscal 2020, the company raised its guidance for management solutions revenue growth to 5% to 5.5% from "approximately" 5% and for EPS to 9% to 10% from "approximately" 9%. Paychex's stock has gained 3.0% over the past three months through Tuesday, while the S&P 500 has tacked on 6.2%.
Paychex, Inc. ("Paychex," "we," "our," or "us") (Nasdaq:PAYX) today announced total revenue of $990.7 million for the three months ended November 30, 2019 (the "second quarter"), an increase of 15% from $858.9 million for the same period last year. Oasis Outsourcing Group Holdings, L.P. ("Oasis"), acquired in December 2018, contributed approximately 9% to the growth in total revenue compared to the same period last year. Net income increased 10% to $258.7 million, and diluted earnings per share increased 11% to $0.72 per share for the second quarter. Adjusted net income and adjusted diluted earnings per share, both non-GAAP measures, each increased 8% to $253.8 million and $0.70 per share, respectively, for the second quarter.
B. Thomas Golisano laughed when he was asked about his suddenly frenetic pace of technology-oriented projects in Buffalo. Then he announced another one. The 78-year-old billionaire and philanthropist said he was a previous investor in Florida-based inspections company TrueFrame, which was acquired this month by ACV Auctions.
Paychex, Inc., a leading provider of human resources, payroll, benefits, and insurance solutions, has won a Brandon Hall Group gold award for Excellence in Technology in the "Best Advance in HR or Workforce Management Technology for Small and Medium-Sized Businesses" category. This marks the fourth-straight year Brandon Hall Group has honored Paychex Flex®, the company's cloud-based HR solution, in its annual Technology Excellence Awards program.
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.
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, 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.
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 […]
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.