Paychex, Inc. (PAYX)
(Delayed Data from NSDQ)
$91.41 USD
-1.95 (-2.09%)
Updated Feb 25, 2021 04:00 PM ET
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 | 24.41% |
| 2 | Buy | 17.88% |
| 3 | Hold | 9.48% |
| 4 | Sell | 5.03% |
| 5 | Strong Sell | 1.87% |
| S&P | 500 | 10.70% |
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3-Hold of 5 3
The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.
The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.
| Value Score | A |
|---|---|
| Growth Score | A |
| Momentum Score | A |
| VGM Score | A |
Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.
As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.
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D Value D Growth D Momentum F VGM
The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.
The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
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Company Summary
Paychex, Inc. is one of the leading providers of integrated human capital management (“HCM”) solutions for payroll, human resource (“HR”), retirement, and insurance services for small- to medium-sized businesses. The company was incorporated in Delaware in 1979.
The company’s payroll processing services include payroll processing, payroll tax administration services, employee payment servicesand regulatory compliance services. The company supports small-business companies through its core payroll, software-as-a-service (“SaaS”) Paychex Flex platform, and its SurePayroll ® SaaS-based products. The company’s SaaS solution through ...
Company Summary
Paychex, Inc. is one of the leading providers of integrated human capital management (“HCM”) solutions for payroll, human resource (“HR”), retirement, and insurance services for small- to medium-sized businesses. The company was incorporated in Delaware in 1979.
The company’s payroll processing services include payroll processing, payroll tax administration services, employee payment servicesand regulatory compliance services. The company supports small-business companies through its core payroll, software-as-a-service (“SaaS”) Paychex Flex platform, and its SurePayroll ® SaaS-based products. The company’s SaaS solution through Paychex Flex Enterprise integrates payroll processing with HR management, employee benefits administration, time and labor management, applicant tracking, and onboarding solutions.
The company offers a suite of complementary Human Resource Services (“HRS”) products which include comprehensive HR outsourcing through Paychex HR Services; retirement services administration; insurance services; HR administration services, including time and attendance, benefit enrollment, recruiting, and onboarding;and other HR services and products.
Paychex’s wholly owned subsidiary, Paychex Advance LLC (“Paychex Advance”), offers a portfolio of services to the temporary staffing industry. This includes the purchasing of accounts receivable as a means of providing payroll funding to these clients.
As of May 31, 2020, Paychex served more than 670,000 payroll clients (inclusive of the Lessor acquisition). The company maintains its corporate headquarters in Rochester, New York, and serves clients throughout the United States and Europe. The company has one business segment. Its fiscal year ends on May 31.
Paychex operates under two broad categories — Total Service Revenue, and Interest on Funds Held for Clients. In fiscal 2019, Total Service Revenue made up 98% of total revenues and comprised two sub-segments: Management solutions (78% of Total Service Revenue) and professional employer organization (PEO) and insurance services (22% of Total Service Revenue). Interest on Funds Held for Clients accounted for the remaining 2% of fiscal 2019 total revenues.
General Information
Paychex, Inc.
911 PANORAMA TRAIL SOUTH
ROCHESTER, NY 14625
Phone: 585-385-6666
Fax: 302-655-5049
Email: tjallen@paychex.com
| Industry | Outsourcing |
| Sector | Business Services |
| Fiscal Year End | May |
| Last Reported Quarter | 11/30/2020 |
| Next EPS Date | 3/24/2021 |
EPS Information
| Current Quarter EPS Consensus Estimate | 0.93 |
| Current Year EPS Consensus Estimate | 2.94 |
| Estimated Long-Term EPS Growth Rate | 8.00 |
| Next EPS Report Date | 3/24/2021 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 93.36 |
| 52 Week High | 99.95 |
| 52 Week Low | 47.87 |
| Beta | 0.89 |
| 20 Day Moving Average | 1,710,994.38 |
| Target Price Consensus | 90.21 |
| 4 Week | 6.97 |
| 12 Week | 0.58 |
| YTD | 0.19 |
| 4 Week | 2.21 |
| 12 Week | -5.99 |
| YTD | -4.13 |
| Shares Outstanding (millions) | 360.63 |
| Market Capitalization (millions) | 33,668.53 |
| Short Ratio | NA |
| Last Split Date | 5/23/2000 |
| Dividend Yield | 2.66% |
| Annual Dividend | $2.48 |
| Payout Ratio | 0.84 |
| Change in Payout Ratio | -0.01 |
| Last Dividend Payout / Amount | 1/29/2021 / $0.62 |
Fundamental Ratios
| P/E (F1) | 31.79 |
| Trailing 12 Months | 31.75 |
| PEG Ratio | 3.97 |
| vs. Previous Year | 4.29% |
| vs. Previous Quarter | 15.87% |
| vs. Previous Year | -0.71% |
| vs. Previous Quarter | 5.52% |
| Price/Book | 11.65 |
| Price/Cash Flow | 22.04 |
| Price / Sales | 8.47 |
| 11/30/20 | 37.99 |
| 8/31/20 | 38.70 |
| 5/31/20 | 40.76 |
| 11/30/20 | 12.16 |
| 8/31/20 | 12.01 |
| 5/31/20 | 12.25 |
| 11/30/20 | 1.28 |
| 8/31/20 | 1.25 |
| 5/31/20 | 1.23 |
| 11/30/20 | 1.28 |
| 8/31/20 | 1.25 |
| 5/31/20 | 1.23 |
| 11/30/20 | 26.79 |
| 8/31/20 | 26.47 |
| 5/31/20 | 26.81 |
| 11/30/20 | 26.66 |
| 8/31/20 | 26.26 |
| 5/31/20 | 27.18 |
| 11/30/20 | 34.77 |
| 8/31/20 | 34.39 |
| 5/31/20 | 35.57 |
| 11/30/20 | 8.01 |
| 8/31/20 | 7.72 |
| 5/31/20 | 7.75 |
| 11/30/20 | NA |
| 8/31/20 | NA |
| 5/31/20 | NA |
| 11/30/20 | 0.28 |
| 8/31/20 | 0.29 |
| 5/31/20 | 0.29 |
| 11/30/20 | 21.62 |
| 8/31/20 | 22.29 |
| 5/31/20 | 22.27 |