This summary was created by AI, based on 5 opinions in the last 12 months.
Paychex, Inc. (NASDAQ: PAYX) is a leading provider of integrated human capital management solutions for small- and medium-sized business owners. With innovative technology and dedicated service, Paychex empowers its clients to focus on business growth. The company has a strong track record of annual returns and has been expanding beyond payroll processing, offering potential for growth. Despite analyst downgrades, it continues to perform well, reporting solid financials and raising guidance for the fiscal year. However, economic weakening could impact its growth prospects.
Since 1995, has returned 14% annually. Margins have been growing as they've grown beyond payroll processing among small/medium-sized businesses, which offer growth. They benefitted from higher interest rates. He continues to buy it, though it's currently expensive. They project 6-8% revenue growth but will be hit if the economic weakens or rates decline.
They report Thursday. Pays a terrific dividend, but unfairly this name attracts analyst downgrades even when it does well.
A growthier name in the space. Likes the space, but pay attention to what you're paying for growth. Economic weakening will impact it. He's seeing better opportunities in larger-cap, software names like MSFT and AAPL.
They process payrolls for small/medium businesses. They just reported solid top and bottom line beats and raised guidance for this fiscal year. It pulled back hard earlier this quarter, but rebounded hard today.
Paychex is a American stock, trading under the symbol PAYX-Q on the NASDAQ (PAYX). It is usually referred to as NASDAQ:PAYX or PAYX-Q
In the last year, 3 stock analysts published opinions about PAYX-Q. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Paychex.
Paychex was recommended as a Top Pick by on . Read the latest stock experts ratings for Paychex.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered Paychex In the last year. It is a trending stock that is worth watching.
On 2024-03-28, Paychex (PAYX-Q) stock closed at a price of $122.74.
Paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.