Paychex Stock Today

PAYX Stock  USD 146.27  0.56  0.38%   

Performance

10 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 6

 
High
 
Low
Low
Paychex is trading at 146.27 as of the 30th of November 2024; that is 0.38 percent increase since the beginning of the trading day. The stock's open price was 145.71. Paychex has only a 6 % chance of going through financial distress over the next few years and had a ok performance during the last 90 days. Note, on July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Paychex's common stock.
Business Domain
Commercial & Professional Services
IPO Date
26th of March 1990
Category
Technology
Classification
Industrials
Paychex, Inc. provides integrated human capital management solutions for human resources , payroll, benefits, and insurance services for small to medium-sized businesses in the United States, Europe, and India. The company was founded in 1971 and is headquartered in Rochester, New York. The company has 359.9 M outstanding shares of which 16.64 M shares are at this time shorted by private and institutional investors with about 10.41 trading days to cover. More on Paychex

Moving together with Paychex Stock

  0.71G Genpact LimitedPairCorr
  0.83BR Broadridge FinancialPairCorr
  0.81BV BrightView HoldingsPairCorr
  0.72KC Kingsoft Cloud Holdings Tech BoostPairCorr

Moving against Paychex Stock

  0.84VCIG VCI Global Limited TrendingPairCorr
  0.72DLHC DLH Holdings Corp Earnings Call This WeekPairCorr
  0.54MG Mistras GroupPairCorr
  0.45VLTO VeraltoPairCorr
  0.39FC Franklin CoveyPairCorr

Paychex Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Chairman of the BoardBThomas Golisano
Thematic IdeaHedge Favorites (View all Themes)
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, Nasdaq 100, SP 500 Index, NASDAQ Composite, BETTERINVESTING 100 INDEX, NASDAQ 100 Pre, BTRINVSTNG 100 INDEX, NASDAQ Composite Total, Hedge Favorites, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.130.1628
Significantly Down
Slightly volatile
Asset Turnover0.890.5084
Way Up
Pretty Stable
Gross Profit Margin0.550.7197
Way Down
Slightly volatile
Total Current Liabilities2.9 B5.3 B
Way Down
Slightly volatile
Non Current Liabilities Total1.3 B1.3 B
Sufficiently Up
Slightly volatile
Total Assets10.9 B10.4 B
Sufficiently Up
Slightly volatile
Total Current Assets7.6 B7.3 B
Sufficiently Up
Slightly volatile
Total Cash From Operating ActivitiesB1.9 B
Sufficiently Up
Slightly volatile
Debt Levels
Paychex can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Paychex's financial leverage. It provides some insight into what part of Paychex's total assets is financed by creditors.
Liquidity
Paychex currently holds 885.5 M in liabilities with Debt to Equity (D/E) ratio of 0.28, which may suggest the company is not taking enough advantage from borrowing. Paychex has a current ratio of 1.26, suggesting that it may have difficulties to pay its financial obligations when due. Note, when we think about Paychex's use of debt, we should always consider it together with its cash and equity.

Total Cash From Operating Activities

1.99 Billion
Paychex (PAYX) is traded on NASDAQ Exchange in USA. It is located in 911 Panorama Trail South, Rochester, NY, United States, 14625-2396 and employs 16,000 people. Paychex is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a current market capitalization of 52.64 B. Paychex conducts business under Professional Services sector and is part of Industrials industry. The entity has 359.9 M outstanding shares of which 16.64 M shares are at this time shorted by private and institutional investors with about 10.41 trading days to cover. Paychex currently holds about 1.23 B in cash with 1.9 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.41.
Check Paychex Probability Of Bankruptcy
Ownership Allocation
Paychex owns a total of 359.9 Million outstanding shares. The majority of Paychex outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in Paychex to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Paychex. Please pay attention to any change in the institutional holdings of Paychex as this could imply that something significant has changed or is about to change at the company. On July 9, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Paychex's common stock.
Check Paychex Ownership Details

Paychex Stock Institutional Holders

InstituionRecorded OnShares
Amvescap Plc.2024-06-30
3.6 M
Legal & General Group Plc2024-06-30
3.1 M
Goldman Sachs Group Inc2024-06-30
M
Fidelity International Ltd2024-06-30
2.8 M
Capital World Investors2024-09-30
2.8 M
Ubs Asset Mgmt Americas Inc2024-09-30
2.7 M
Dimensional Fund Advisors, Inc.2024-09-30
2.6 M
Jpmorgan Chase & Co2024-06-30
2.3 M
Envestnet Asset Management Inc2024-09-30
2.2 M
Vanguard Group Inc2024-09-30
31.3 M
Blackrock Inc2024-06-30
28 M
View Paychex Diagnostics

Paychex Historical Income Statement

At this time, Paychex's Income Before Tax is fairly stable compared to the past year. Total Other Income Expense Net is likely to rise to about 46.1 M in 2024, whereas Net Income From Continuing Ops is likely to drop slightly above 1 B in 2024. View More Fundamentals

Paychex Stock Against Markets

Paychex Corporate Management

John GibsonSr. VP of ServiceProfile
Christopher SimmonsController, VPProfile
Dave WilsonVice ServicesProfile
Chad ParodiManaging ServicesProfile
Christopher DeSalvoVP OperationsProfile
Frank FiorilleCompliance RiskProfile

Additional Tools for Paychex Stock Analysis

When running Paychex's price analysis, check to measure Paychex's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Paychex is operating at the current time. Most of Paychex's value examination focuses on studying past and present price action to predict the probability of Paychex's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Paychex's price. Additionally, you may evaluate how the addition of Paychex to your portfolios can decrease your overall portfolio volatility.