STOCK TITAN

Paychex Inc - PAYX STOCK NEWS

Welcome to our dedicated page for Paychex news (Ticker: PAYX), a resource for investors and traders seeking the latest updates and insights on Paychex stock.

Paychex, Inc. (NASDAQ: PAYX) is a prominent provider of integrated human capital management solutions, specializing in payroll, human resources, retirement, and insurance services. Established in 1979, Paychex boasts over 45 years of industry expertise, serving more than 740,000 clients across over 100 locations in the United States. The company’s innovative Software-as-a-Service (SaaS) technology and mobility platform, combined with dedicated personal service, empower small and medium-sized business owners to focus on growth and efficient business management.

Paychex offers a broad spectrum of human capital management (HCM) services, including payroll processing, benefits administration, time and attendance software, human resources outsourcing, and insurance agency services. This extensive range ensures that clients receive comprehensive support tailored to their specific needs.

One of the company’s recent achievements includes recognition by BetterInvesting Magazine as the “Stock to Study” for the June/July 2024 issue, highlighting its solid financial performance and promising investment potential. Paychex continues to prioritize innovation and customer service, maintaining its position as a reliable partner for businesses across the nation.

With a commitment to delivering exceptional value, Paychex effectively pays one out of every 12 private-sector employees in the U.S. This substantial impact on the American workforce underscores the company’s crucial role in the market.

Paychex’s core mission is to simplify complex payroll and HCM tasks, allowing business owners to concentrate on what truly matters: their business growth and success. As the company continues to evolve, it remains dedicated to advancing its technology and enhancing its service offerings to meet the ever-changing needs of its clients.

News
Rhea-AI Summary
Paychex, Inc. (NASDAQ:PAYX) has declared a regular quarterly dividend of $.89 per share. The dividend will be payable on August 24, 2023, to shareholders of record as of August 10, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
dividends
-
Rhea-AI Summary
Paychex, Inc. Named to Selling Power 50 Best Companies to Sell For List for 10th Time, Recognized for DEI in Sales. Paychex leverages technology and AI to optimize sales process and drive efficiency, while also earning an award for commitment to fostering a diverse and inclusive workforce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
-
Rhea-AI Summary
Paychex, Inc. named to Selling Power 50 Best Companies to Sell For list for the 10th time, also receives DEI in Sales award. The press release highlights Paychex's commitment to fostering a diverse and inclusive sales organization, leveraging technology and AI to drive efficiency within the sales process, and achieving recognition for its workforce diversity and inclusion efforts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
none
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.74%
Tags
none
-
Rhea-AI Summary
The rate of small business hiring slowed in June as hourly earnings growth decelerated to 4.02%. The national Small Business Jobs Index registered 99.21 in June, virtually unchanged so far in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
none
-
News
Rhea-AI Summary
Paychex, Inc. announced strong results for the fourth quarter and fiscal year ended May 31, 2023. Total service revenue increased by 7% to $1,204.7 million for the fourth quarter and by 8% to $4,907.3 million for the fiscal year. Operating income grew by 15% to $453.3 million for the fourth quarter and by 10% to $2,033.1 million for the fiscal year. Diluted earnings per share increased by 18% to $0.97 for the fourth quarter and by 12% to $4.30 for the fiscal year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.25%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.19%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.59%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
none

FAQ

What is the current stock price of Paychex (PAYX)?

The current stock price of Paychex (PAYX) is $142.96 as of November 15, 2024.

What is the market cap of Paychex (PAYX)?

The market cap of Paychex (PAYX) is approximately 51.6B.

What services does Paychex Inc. provide?

Paychex offers integrated human capital management solutions, including payroll processing, HR outsourcing, benefits administration, and insurance services.

How many clients does Paychex serve?

Paychex serves over 740,000 clients across more than 100 locations in the United States.

When was Paychex established?

Paychex was established in 1979 and has over 45 years of industry expertise.

What recent recognition did Paychex receive?

Paychex was named the 'Stock to Study' in BetterInvesting Magazine's June/July 2024 issue.

How many U.S. private-sector employees does Paychex pay?

Paychex processes payroll for one out of every 12 U.S. private-sector employees.

What is the mission of Paychex?

Paychex aims to simplify payroll and HCM tasks, allowing business owners to focus on growth and success.

What technology does Paychex use to deliver its services?

Paychex utilizes innovative Software-as-a-Service (SaaS) technology and a mobility platform.

Does Paychex offer services to small businesses?

Yes, Paychex specializes in providing HCM solutions to small and medium-sized businesses.

What industries does Paychex serve?

Paychex serves a wide range of industries, focusing on providing comprehensive HCM solutions and payroll services.

How does Paychex support business growth?

By offering reliable HCM solutions and payroll services, Paychex allows business owners to focus on managing and growing their businesses.

Paychex Inc

Nasdaq:PAYX

PAYX Rankings

PAYX Stock Data

51.60B
359.90M
10.7%
79.81%
5.25%
Software - Application
Services-engineering, Accounting, Research, Management
Link
United States of America
ROCHESTER