Paychex Inc (PAYX) Stock Price & News - Google Finance (2024)

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Paychex Inc (PAYX) Stock Price & News - Google Finance? ›

PAYX Stock Forecast FAQ

Paychex has 5.42% upside potential, based on the analysts' average price target. Paychex has a consensus rating of Hold which is based on 2 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Paychex is $124.80.

PAYX Stock Forecast FAQ

Paychex has 5.42% upside potential, based on the analysts' average price target. Paychex has a consensus rating of Hold which is based on 2 buy ratings, 8 hold ratings and 1 sell ratings. The average price target for Paychex is $124.80.

Paychex is ranked 681st on the Fortune 500 list of largest corporations by revenue. Paychex, Inc. Rochester, New York, U.S.

Paychex (NASDAQ:PAYX) reported better-than-expected results for the fourth quarter of Fiscal 2024. Despite this beat, PAYX stock declined over 6% yesterday. This drop might be due to the company's outlook for Fiscal 2025, which indicates slower growth compared to previous years.

As of 2023-11-30, Paychex Inc's dividend payout ratio is 0.77, which may suggest that the company's dividend is sustainable.

On average, Wall Street analysts predict that Paychex's share price could reach $120.13 by Jul 1, 2025. The average Paychex stock price prediction forecasts a potential upside of 2.67% from the current PAYX share price of $117.00.

(July 12, 2023) – Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has once again been named to the Selling Power 50 Best Companies to Sell For list.

There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.2. Our premium tools have predicted Paychex Inc.

Paychex stock (symbol: PAYX) underwent a total of 10 stock splits. The most recent stock split occurred on May 23rd, 2000.

How safe is Paychex? ›

Paychex protects against unauthorized access and alteration to customer data through the use of malware detection and prevention, firewalls, and other industry-standard technologies.

ADP is a global leader in providing human resources (HR) and payment solutions for businesses of all sizes across the globe while Paychex is a leading provider of payroll and HR services for small and medium-sized businesses (SMBs).

Companies using Paychex Flex for Payroll include: Bank of America, a United States based Banking and Financial Services organisation with 212000 employees and revenues of $98.58 billion, Wells Fargo, a United States based Banking and Financial Services organisation with 224824 employees and revenues of $82.60 billion, ...

Is Paychex stock a Buy, Sell or Hold? Paychex stock has received a consensus rating of hold. The average rating score is and is based on 6 buy ratings, 23 hold ratings, and 12 sell ratings. What was the 52-week low for Paychex stock?

LOS ANGELES (CN) - Paychex, a nationwide payroll company, embezzled tens of millions of dollars from small and medium-sized businesses in a "deliberate and lucrative fraud" by embezzling small sums and claiming, when caught, "that the withdrawals were merely innocent mistakes," a class action claims in Federal Court.

Paychex Balance Sheet Health

Paychex has a total shareholder equity of $3.7B and total debt of $817.3M, which brings its debt-to-equity ratio to 21.8%.

PAYC Stock 12 Month Forecast

Based on 15 Wall Street analysts offering 12 month price targets for Paycom in the last 3 months. The average price target is $174.80 with a high forecast of $240.00 and a low forecast of $145.00. The average price target represents a 22.14% change from the last price of $143.11.

Paycom Software, Inc.

may be fairly valued. Its Value Score of C indicates it would be a neutral pick for value investors. The financial health and growth prospects of PAYC, demonstrate its potential to perform inline with the market. It currently has a Growth Score of B.

Taking into account the latest results, the current consensus from Paychex's 15 analysts is for revenues of US$5.52b in 2025. This would reflect a reasonable 4.6% increase on its revenue over the past 12 months. Statutory earnings per share are predicted to accumulate 6.0% to US$4.98.