|Bid||77.13 x 50000|
|Ask||77.35 x 50000|
|Day's Range||76.54 - 77.52|
|52 Week Range||55.55 - 78.10|
|Beta (3Y Monthly)||0.34|
|PE Ratio (TTM)||29.25|
|Forward Dividend & Yield||2.23 (2.89%)|
|1y Target Est||N/A|
Jim Cramer talks with Paychex CEO Martin Mucci about how the company is helping small- to medium-sized businesses resolve customer issues more quickly.
The best dividend stocks give a powerful boost to income and retirement portfolios. These stocks offer both solid yields and strong performance.
It’s the height of earnings season, and it was a busy week for dividend announcements as well. Before the opening bell on Friday, Paychex said its board had declared a quarterly dividend of 62 cents a share, up from 56 cents, for an increase of nearly 11%. Shares of Paychex, a human-resources services company whose businesses include payroll processing, have a one-year return of nearly 40%.
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.
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.
Paychex stock dropped Wednesday after reporting fiscal third-quarter earnings that met views and revenue that topped forecasts.
"We experienced solid growth in the third quarter across our major human capital management product lines. Results were paced by our human resource outsourcing services and time and attendance solutions, and our health and benefit insurance and retirement services.
On a per-share basis, the Rochester, New York-based company said it had profit of 90 cents. Earnings, adjusted for non-recurring gains, were 89 cents per share. The results met Wall Street expectations. ...
IBD 50 names Lululemon Athletica and Five Below have earnings due, while Paychex is another of the top stocks set to report.
The private-equity firm Hellman & Friedman is leading a group that will pay a 20% premium for the software-as-a-service company.
Paychex is the nation's second largest payroll processor and their numbers could give us clues on the real strength of our economy. Mucci said the employment picture in the U.S. is still strong, with businesses continuing to grow and new businesses being formed from his perspective. Turning to the topic of Paychex itself, Mucci said the company continues to evolve into a lot more than just payroll.
Paychex, Inc. (NASDAQ: PAYX ) reported marginally better-than-expected Q2 results this week and maintained its 2019 guidance excluding the Oasis acquisition. The Analyst Guggenheim Securities’ Nandan Amladi ...
On a per-share basis, the Rochester, New York-based company said it had profit of 65 cents. The results exceeded Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment ...
On Wednesday, Dec. 19, Paychex (NASDAQ: PAYX ) will release its latest earnings report. Check out Benzinga's preview to understand the earnings report's implications. Earnings and Revenue Based on management's ...
Guggenheim analyst Nandan Amladi recently took a deep dive into the Professional Employer Organizations, or PEO, market and found that the growth trajectory for PEOs will likely slow in 2019 and the next ...
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Payroll processor Paychex Inc said on Monday it plans to buy Oasis Outsourcing Acquisition Corp for $1.2 billion in cash to expand its human resources outsourcing services and enter new markets. West Palm ...