Here's What We Know About Paychex Stock

Large-cap Consumer Discretionary company Paychex has logged a -0.9% change today on a trading volume of 259,191. The average volume for the stock is 1,803,288.

Paychex, Inc. provides integrated human capital management solutions for human resources (HR), payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. Based in Rochester, United States the company has 16,600 full time employees and a market cap of $41,378,394,112. Paychex currently offers its equity investors a dividend that yields 2.8% per year.

The company is now trading -4.25% away from its average analyst target price of $119.71 per share. The 14 analysts following the stock have set target prices ranging from $103.0 to $130.0, and on average give Paychex a rating of hold.

Over the last 12 months PAYX shares have declined by -1.0%, which represents a difference of -18.0% when compared to the S&P 500. The stock's 52 week high is $129.7 per share and its 52 week low is $104.09. Based on Paychex's average net margin growth of 2.5% over the last 6 years, its core business remains strong and the stock price may recover in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022-07-15 4,611,700 1,392,800 30 11.11
2021-07-16 4,056,800 1,097,500 27 0.0
2020-07-17 4,040,500 1,098,100 27 0.0
2019-07-24 3,772,500 1,034,400 27 -3.57
2018-07-20 3,380,900 933,700 28 7.69
2017-07-21 3,151,300 817,300 26
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.