Paychex Stock News

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ROCHESTER, N.Y.--(BUSINESS WIRE)-- #HRTech--Global analyst and research firm NelsonHall has once again recognized Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, as a “Leader” in its 2024 Vendor Evaluation and Assessment Tool (NEAT) report for payroll service providers. This mark...

ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on November 27, 2024 to shareholders of record as of November 7, 2024. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resou...

Paychex Inc (PAYX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current share price of $137.92, despite a slight daily decrease of 0.53%, Paychex Inc has shown a notable three-month appreciation of 18.23%.

Paychex Inc. has an impressive history with a CAGR of 19% since inception. The company has predictable revenue growth, strong gross profit margins, and an improving ROIC. Paychex pays a quarterly dividend, with a solid history of dividend increases and a relatively safe payout ratio.

Paychex's Q1 earnings showed slight revenue and EPS growth, but not enough to change my hold rating due to the lack of significant catalysts. The expiration of the ERTC program impacted revenue growth and margins, but the company remains financially strong with substantial cash reserves. New offerings like Paychex Flex Engage and AI-driven recruiting co-pilot show innovation, but are hard to qu...

Shares of Paychex (PAYX) sailed to an all-time high Tuesday when the human resources services provider posted better-than-anticipated results while reporting that it expanded its client base.

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch for September, which reflects U.S. small businesses with fewer than 50 employees, the national jobs index moderated slightly in September (99.84) but has averaged 100.31 so far in 2024, representing modest employment growth. Hourly earnings growth for workers showed 3.01% in Se...