Paychex Inc: (NASD: PAYX)

$37.80

-0.04 (-0.11%)

Volume 1,620,666

Jun 18 03:59 PM ET

Zacks Rank: 2-Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		37.47 - 37.93
	
		52wk Low - High
		30.54 - 38.66
	
		Previous Close
		37.84
	
		Avg. Volume
		1,761,818
	
		Industry
		OUTSOURCING
	
		Market Cap
		13.77 B
	
		Div - Yield
		1.31 - 3.46
	
		Beta
		0.86
	
		P/E (F1)
		22.19
	
		Current Year Est.
		1.71
	
		Quarterly Earnings ESP 
		NA
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

                Premium research
            
		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
Zacks Rank Education - Learn more about the Zacks Rank
Zacks Rank Home - All Zacks Rank resources in one place
Zacks Premium - The only way to get access to the Zacks Rank
                                                        
		2
Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

                                                                    Zacks Equity Research Home
Zacks Premium - The only way to get access to Zacks Recommendations
                                                                
		Neutral
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

                                                                About Zacks Industry Rank

                                                                Zacks Industry Rank - All current industry ranks. 

                                                                Zacks Premium - The only way to get access to the Zacks Industry Rank
                                                            
		37 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

                                        Zacks Equity Research Home
                                        Zacks Premium - The only way to get access to Zacks Recommendations
                                    
Updated as of 06/14/2013

		PREMIUM
	
    (  = Change in last 30 days) 
Get all our stock ratings and recommendations with a Free Trial to Zacks Premium Start Free Trial 
Zacks Premium Home | Zacks Rank Stock Education

                Key Earnings Data
            
                            P/E (F1)
                            22.19
                        
                            PEG Ratio
                            2.44
                        
                            Current Year Est.
                            1.71
                        
                            Current Quarter Estimate
                            0.37
                        
                            Most Accurate Estimate
                            NA
                        
                            Earnings ESP 
                            NA
                        
                            Next Earnings Report Date
                            06-26-2013
                        
                            EPS Last Year
                            1.57
                        
                            Expected Earnings Growth
                            9.08%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Paychex, Inc. is a national provider of payroll, human resource, and employee benefit outsourcing solutions for small-to medium-sized businesses.  The company has two reportable business segments: Payroll and Human Resource Services and Professional Employer Organization.  Paychex's Payroll segment is a national payroll processing and payroll tax preparation service provided to small-to medium-sized business.  The Professional Employer Organization segment provides human resource products and services.   
Full PAYX Company Report

 Snapshot on PAYX

NYSE data is at least 20 minutes delayed.
NASDAQ data is at least 15 minutes delayed.

            Interactive Java Charting | Fundamental Charts
        
            <a href="#"><img id="dart_image_1" src="http://b7d61a7c6b8c307bf531-a92a66b9587e2a0aa805bd4e70b98407.r95.cf2.rackcdn.com/images/zacks/logos/zacks_logo_230x76.png" width="336" height="280" border="0" alt="" /></a>        
Turn Earnings Surprises into quick profits.
 
PAYX Chart  by YCharts

Earnings Estimates

	Current Qtr (05/2013)	Next Qtr (08/2013)	Current Year (05/2013)	Next Year (05/2014)
Average Estimate	0.37	0.44	1.60	1.71
Number of Estimates	17	12	18	18
Low Estimate	0.36	0.44	1.59	1.68
High Estimate	0.39	0.45	1.61	NA
Year Ago EPS	0.34	0.42	1.51	1.60
EPS Growth	10.03%	5.95%	5.89%	6.67%

More PAYX Estimates

Average Earnings Estimates for PAYX

EPS Growth for PAYX

Industry Analysis

Name	Symbol	Previous Close
PAYCHEX INC	PAYX	37.84
BARRETT BUS SVS	BBSI	59.46
PORTFOLIO RCVRY	PRAA	161.60
SYKES ENTRP INC	SYKE	15.42
CONVERGYS CORP	CVG	18.28
DONNELLEY (RR)	RRD	13.32
GENPACT LTD	G	20.09
TELETECH HLDGS	TTEC	24.30
ADECCO SA U-ADR	AHEXY	28.58
AUTOMATIC DATA	ADP	68.70

Sector:Business Services>> Industry:OUTSOURCING

COMPARE TICKER vs. Its Peers

Zacks Commentary

Paychex Acquires HR Services Inc.

Jun 17, 2013

Intuit's 3Q Earnings Beat on Rev Growth

May 22, 2013

WPP's Ogilvy PR to Promote Castrol

May 15, 2013

ADP's 3Q Earnings Beat By a Penny

May 03, 2013

NCR Delivers Decent 1Q Earnings

May 02, 2013

Insperity's 1Q Earnings In Line, Revs Miss

May 02, 2013

The Zacks Analyst Blog Highlights: LinkedIn, AOL, Facebook, Paychex and Qiagen

May 01, 2013

Strong 1Q Earnings for PRAA

May 01, 2013

More PAYX Zacks Commentary

Financials

EPS TTM	1.57
Sales	2,230
Net Income	569
Price/Earnings	24.10
Price/Book	8.57
Price/Cash Flow	19.93
Price/Sales	6.01

More PAYX Financials

News

Paychex Honored as a Best Employer for Healthy LifestylesA? - M2

Jun 19, 2013

Paychex Honored as a Best Employer for Healthy Lifestyles(R) - Businesswire

Jun 18, 2013

Paychex (PAYX) Showing Support Near $36.75 With 3.58% Dividend Yield - Freshbrewedmedia

Jun 17, 2013

Paychex to Acquire HR Services - Close-Up Media

Jun 17, 2013

Paychex Introduces New Solution for Financial Advisors - Close-Up Media

Jun 14, 2013

Paychex Launches Investment-Filtering Tool - Close-Up Media

Jun 14, 2013

Paychex Launches Paychex (k)Index Tool - Close-Up Media

Jun 14, 2013

Paychex Acquires Social Recruiting Services Provider - TheMotleyFool

Jun 13, 2013

See All News Stories on PAYX

Broker Recommendations

Current ABR	3.21
ABR (Last Week)	3.21
# of recs in ABR	24
Average Target Price	34.23
Industry Rank by ABR	37 out of 265
Rank in Industry	4 out of 18

More PAYX Broker Recommendations

Day Low - High	37.47 - 37.93
52wk Low - High	30.54 - 38.66
Previous Close	37.84
Avg. Volume	1,761,818
Industry	OUTSOURCING
Market Cap	13.77 B
Div - Yield	1.31 - 3.46
Beta	0.86
P/E (F1)	22.19
Current Year Est.	1.71
Quarterly Earnings ESP	NA

P/E (F1)	22.19
PEG Ratio	2.44
Current Year Est.	1.71
Current Quarter Estimate	0.37
Most Accurate Estimate	NA
Earnings ESP	NA
Next Earnings Report Date	06-26-2013
EPS Last Year	1.57
Expected Earnings Growth	9.08%

Username: Password:

Remember me [?]

Paychex Inc: (NASD: PAYX)

$37.80

-0.04 (-0.11%)

Volume 1,620,666

Jun 18 03:59 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description

Earnings Estimates

Industry Analysis

Sector:Business Services>> Industry:OUTSOURCING

Zacks Commentary

Financials

News

Broker Recommendations