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Paychex, Inc.PAYX
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Overview >
Market Cap
53.07B
Revenue (ttm)
5.44B
Net Income (ttm)
1.74B
Shares Out
360.19M
EPS (ttm)
4.81
PE Ratio
30.05
Forward PE
27.67
Dividend
$3.92 (2.71%)
Ex-Dividend Date
Feb 7, 2025
Volume
723,073
Open
144.48
Previous Close
144.41
Day's Range
141.51 - 147.52
52-Week Range
115.40 - 158.37
Beta
0.88
Analysts
Hold
Price Target
139.67 (-5.2%)
Earnings Date
Mar 26, 2025
Description >

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.

It offers payroll processing services; payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing.

The company also provides HR solutions, including payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained HR representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services.

In addition, it offers cloud-based HR administration software products for employee benefits management and administration, time and attendance, digital communication solutions, recruiting, and onboarding solutions; plan administration outsourcing and state unemployment insurance services; various business services to small to medium-sized businesses comprising payroll funding and outsourcing services, which include payroll processing, invoicing, and tax preparation; and payment processing services, financial fitness programs, and a small-business loan resource center.

Further, the company provides insurance services for property and casualty coverage, such as workers' compensation, business-owner policies, cyber security protection, and commercial auto, as well as health and benefits coverage, including health, dental, vision, and life.

It markets and sells its services primarily through its direct sales force. The company was founded in 1971 and is headquartered in Rochester, New York.

Latest News >
Very flattering to hear voters were paying attention: Abhijit Banerjee on Piyush Goyal’s dig at him and Nyay
Very flattering to hear voters were paying attention: Abhijit Banerjee on Piyush Goyal’s dig at him and Nyay
Oct 19, 2019
India-born Abhijit Banerjee, who won the 2019 Nobel Economics Prize on Monday along with fellow US-based economists Esther Duflo and Michael Kremer for their work on fighting poverty, said he was partly disappointed with the comments of Union minister Piyush Goyal that his suggestion of basic income scheme was rejected by India.
Delhi Cabinet approves Rs 36 crore expenditure for anti-pollution campaigns
Delhi Cabinet approves Rs 36 crore expenditure for anti-pollution campaigns
Oct 19, 2019
The Delhi Cabinet on Saturday approved an expenditure of Rs 36 crore for carrying out mass awareness campaigns against pollution in the national capital, an official statement said.
In Pictures: Indian migrants return to New Delhi in 'unprecedented' mass deportation from Mexico
In Pictures: Indian migrants return to New Delhi in 'unprecedented' mass deportation from Mexico
Oct 19, 2019
Mexico has deported over 300 Indian nationals to New Delhi, the National Migration Institute (INM) said late on Wednesday, calling it an unprecedented transatlantic deportation.The move follows a deal Mexico struck with the United States in June, vowing to significantly curb U.S.-bound migration in exchange for averting US tariffs on Mexican exports.
Brexit day of reckoning: Boris Johnson battles further delay
Brexit day of reckoning: Boris Johnson battles further delay
Oct 19, 2019
Prime Minister Boris Johnson appealed to lawmakers to back his last-minute Brexit deal in an extraordinary sitting of the British parliament on Saturday after his plans were plunged into chaos by his opponents' moves to derail the legislation.
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