Paychex Aktie News

The allure of growth stocks that exhibit the potential to surge 50% or more by year's end captivates many. These companies are often industry veterans driven by rapid revenue growth, profits and innovation.

Paychex remains an interesting dividend growth stock from my perspective. The company's revenue and adjusted diluted EPS climbed higher in its fiscal Q3. PAYX held over $900 million in net cash/investments as of the fiscal third quarter.

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has again been named among the Business Group on Health's Best Employers for Excellence in Health & Well-being. For the 10th time, Paychex has been recognized for the company's commitment to providi...

Jefferies has slapped a hold rating on Paychex Inc (NASDAQ:PAYX) stock after the human resources group reported a third-quarter revenue shortfall and downbeat forecast. Paychex's revenues fell short of expectations mainly due to lower Employee Retention Tax Credit (ERTC) claims, softer hiring trends, and greater discounting than anticipated.

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #EmploymentTrends--According to the Paychex Small Business Employment Watch, the Small Business Jobs Index grew 0.18 percentage points in March to 100.85 – the first increase year-to-date – but remained below pre-pandemic levels for the first three months of 2024. Hourly earnings growth for workers at U.S. companies with fewer than 50 employees continu...

Paychex, Inc. (NASDAQ:PAYX ) Q3 2024 Results Conference Call April 2, 2024 9:30 AM ET Company Participants John Gibson - President and Chief Executive Officer Bob Schrader - Chief Financial Officer Conference Call Participants Mark Marcon - Baird Kevin McVeigh - UBS Tien-Tsin Huang - JPMorgan Bryan Bergin - TD Cowen Samad Samana - Jefferies James Faucette - Morgan Stanley Ramsey El-Assal - Barc...

Paychex, Inc.'s NASDAQ: PAYX stock price is falling into a buying opportunity that retirement-oriented income investors should heed. The only trouble with the Q3 results and guidance is that they failed to exceed expectations, and the stock valuation was high.

Paychex posts fiscal third-quarter revenue of $1.44 billion, missing analysts' estimates of $1.46 billion.