Paychex, Inc. (PAYX) - NASDAQ
  • Jul. 1, 2015, 8:35 AM
    • Paychex (NASDAQ:PAYX): FQ4 EPS of $0.44 in-line.
    • Revenue of $692.2M (+8.3% Y/Y) beats by $1.85M.
    • Shares -0.4% PM.
    | Jul. 1, 2015, 8:35 AM
  • Jun. 30, 2015, 5:30 PM
    | Jun. 30, 2015, 5:30 PM | 3 Comments
  • May 1, 2015, 8:49 AM
    • Paychex (NASDAQ:PAYX) declares $0.38/share quarterly dividend, in line with previous.
    • Forward yield 3.14%
    • Payable May 21; for shareholders of record May 11; ex-div May 7.
    | May 1, 2015, 8:49 AM
  • Mar. 25, 2015, 8:32 AM
    • Paychex (NASDAQ:PAYX): FQ3 EPS of $0.46 in-line.
    • Revenue of $704.3M (+8.3% Y/Y) beats by $3.14M.
    • Shares +0.19% PM.
    | Mar. 25, 2015, 8:32 AM
  • Mar. 24, 2015, 5:30 PM
  • Jan. 16, 2015, 8:53 AM
    • Paychex (NASDAQ:PAYX) declares $0.38/share quarterly dividend, in line with previous.
    • Forward yield 3.23%
    • Payable Feb. 17; for shareholders of record Feb. 2; ex-div Jan. 29.
    | Jan. 16, 2015, 8:53 AM
  • Dec. 19, 2014, 8:34 AM
    • Paychex (NASDAQ:PAYX): FQ2 EPS of $0.47 beats by $0.01.
    • Revenue of $676.3M (+9.7% Y/Y) beats by $2.37M.
    | Dec. 19, 2014, 8:34 AM
  • Dec. 18, 2014, 5:30 PM
    | Dec. 18, 2014, 5:30 PM | 10 Comments
  • Nov. 21, 2014, 7:58 AM
    • Topeka Capital cuts its rating on Paychex (NASDAQ:PAYX) to Sell from Neutral on significant valuation concerns with the company's growth rates below expectations.
    • The investment firm assigns a price target of $43 on the stock.
    • Last month, SA Pro contributor David Hernandez noted how Paylocty was taking cloud payroll software market share away from Paychex.
    | Nov. 21, 2014, 7:58 AM
  • Oct. 15, 2014, 7:37 AM
    • Paychex (NASDAQ:PAYX) declares $0.38/share quarterly dividend, in line with previous.
    • Forward yield 3.49%
    • Payable Nov. 20; for shareholders of record Nov. 3; ex-div Oct. 30.
    | Oct. 15, 2014, 7:37 AM
  • Oct. 13, 2014, 5:07 PM
    • In an article now out of embargo, David Hernandez observes Paylocty (PCTY +3.1%) has posted a 40% revenue CAGR over its last 4 fiscal year, thanks in large part to the ability of its cloud payroll software to take share from traditional payroll outsourcing providers such as ADP and Paychex (NASDAQ:PAYX).
    • He notes Paylocity CEO Steve Beauchamp declared on a May CC (transcript) "more than 50% of our new business" comes from displacing traditional payroll outsources, while adding "ADP and Paychex would be the two most common providers in that space."
    • ADP has rolled out its own cloud payroll offerings in an attempt to counter upstarts such as Paylocity. Paychex bought online payroll service provider SurePayroll in 2011.
    • Though admitting ADP and Ultimate Software are beginning to provide tougher competition in Paylocity's midmarket niche, Hernandez still sees plenty of room for growth in the near-term, given the company has penetrated less than 2% of the midmarket (estimated to have 656K organizations as of 2010).
    | Oct. 13, 2014, 5:07 PM
  • Oct. 13, 2014, 8:32 AM
    • Argus upgrades Paychex (NASDAQ:PAYX) to a Buy rating on a favorable view of the company's growth track.
    • The investment firm sets a $49 price target on shares.
    | Oct. 13, 2014, 8:32 AM
  • Sep. 24, 2014, 8:32 AM
    • Paychex (NASDAQ:PAYX): FQ1 EPS of $0.47 beats by $0.01.
    • Revenue of $666.8M (+8.8% Y/Y) beats by $4.18M.
    | Sep. 24, 2014, 8:32 AM | 2 Comments
  • Sep. 23, 2014, 5:30 PM
  • Jul. 10, 2014, 11:27 AM
    • Paychex, Inc. (PAYX) declares $0.38/share quarterly dividend, 8.6% increase from prior dividend of $0.35.
    • Forward yield 3.65%
    • Payable Aug. 15; for shareholders of record Aug. 1; ex-div July 30.
    | Jul. 10, 2014, 11:27 AM
  • Jul. 1, 2014, 5:28 PM
    • Paychex (PAYX) -1.9% AH, reversing initial gains after announcing FQ4 earnings rose 18% Y/Y on continued revenue growth in its payroll and human resource services businesses.
    • Payroll service sales rose 3.1% Y/Y to $394.5M amid higher prices, as well as growth in its client base and checks per payroll; human resources revenue rose 22% to $234M, driven primarily by client-base growth.
    • For recently started FY 2015, PAYX expects earnings growth of 6%-8%, vs. analyst consensus estimate for profit growth of 8%; sees growth in total service revenues of 8%-10% to $2.62B-$2.67B, payroll service revenues +3%-5%, HRS revenues +16%-19%.
    | Jul. 1, 2014, 5:28 PM
Company Description
Paychex, Inc. provides payroll, human resource, and benefits outsourcing solutions for small to medium-sized businesses. The company offers payroll processing, payroll tax administration services, employee payment services, regulatory compliance services, Paychex HR Solutions, retirement... More
Sector: Services
Industry: Staffing & Outsourcing Services
Country: United States