PAYX · Paychex Inc
Price
Snapshot
50 fields · last close| Market Cap | $44.49B |
| P/E | 25.06 |
| Float | 318.8M |
| Beta | 0.81 |
| Volatility | 20.3% |
| Exchange | NASDAQ |
| Sector | Professional Services |
| Cap tier | Large cap |
| Macro sensitivity | Moderate |
| Clavix score | 82 |
| Price | 122.80 |
| Change | −1.82% |
| Prev Close | 125.08 |
| Open | 124.26 |
| Day Low | 123.50 |
| Day High | 126.45 |
| Avg Vol | 2 |
| Avg $ Vol | $259.1M |
| 52W High | 138.19 |
| 52W Low | 85.45 |
| 52W Pos | 70.8% |
| From High | −11.14% |
| From Low | +43.71% |
| Max DD 1Y | −37.69% |
| Spread | 0.10% |
| Liquidity | Normal |
| SMA 20 | −0.57% |
| SMA 50 | +5.98% |
| SMA 200 | +18.11% |
| RSI (14) | 59.0 |
| Vol 30D | 29.1% |
| Vol 90D | 31.0% |
| 1Y Range | 85–138 |
| Daily bars | 506 |
| Perf Week | −1.11% |
| Perf Month | +5.76% |
| Perf Quarter | +25.73% |
| Perf Half Y | +27.14% |
| Perf Year | −7.78% |
| Perf YTD | +13.08% |
| Prev Day | −1.82% |
| Clavix | A- |
| Debt / Eq | 1.22 |
| Curr Ratio | 1.26 |
| Int Cover | 12.2× |
| FCF Margin | 37.2% |
| Rev Growth | +12.5% |
| Profit | Profitable |
| Leverage | Moderate |
| Sector rank | 2 / 15 |
What PAYX does
Paychex, Inc., together with its subsidiaries, provides human capital management solutions (HCM) for payroll, employee benefits, human resources (HR), 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.
The company provides retirement solutions, such as plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services; HCM solutions from recruiting and hiring to retirement; and talent management and talent acquisition services.
In addition, it offers payroll solutions, including calculation, preparation, and delivery of employee payroll checks; production of internal accounting records and management reports; preparation of federal, state, and local payroll tax returns; and collection and remittance of clients’ payroll obligations.
Further, the company provides workforce management solutions; benefits administration solutions; digital marketplace for earned wages, financial wellness solutions, and voluntary lifestyle benefits; HR support to non-payroll clients through HR Partner Plus solution; and 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.
Additionally, it offers payroll, employer compliance, HR and employee benefits administration, risk management outsourcing, and both virtual and on-site availability of a professionally trained HR representative, and other solutions to businesses.
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.
Clavix risk grade
regraded every trading dayPAYX grades A-, 82 of 100. Steadiest on Sector Resilience (89), most exposed on Price Stability (62, mixed). 3 of the 4 weighted dimensions sit above the Professional Services median. Ranks 2 of 15 in Professional Services by Clavix score.
How rough the ride is
| PAYX | Professional Services median | |
|---|---|---|
| Betavs the overall market · lower is steadier | 0.81 | 0.74 |
| Volatilityannualized | 20.3% | 18.4% |
| Max drawdown, past yearworst peak-to-trough fall | −37.7% | — |
| Typical daily movemedian absolute daily change | 1.04% | — |
| Days beyond ±3%of the last 252 sessions | 2510% | — |
How its days are spread
Daily returns over the last 252 sessions in 1% bins. Moves beyond ±6% land in the end bins.
52-week range
The bar runs from the lowest to the highest close of the last 252 sessions; the marker is the latest close.
Drawdown from the 1-year peak
Percent below the running high over the last 12 months. Zero is a fresh high.
Market sensitivity
| PAYX | Professional Services median | |
|---|---|---|
| Beta to the markethow much it swings with the S&P 500 · lower is safer | 0.81 | 0.74 |
| Macro sensitivityrate, dollar and credit exposure bucket | Moderate | Moderate44% of 16 |
Where it sits on the macro scale
Low means rates, the dollar and credit spreads barely move it. Very High means they drive a large share of its swings. The counts are how many Professional Services names sit in each bucket.
Where it ranks in its sector
Rank by Clavix score within the sector. Right is the top of the sector.
Price performance
| PAYX | |
|---|---|
| 1 week | −1.1% |
| 1 month | +5.8% |
| Year to date | +13.1% |
| 1 year | −7.8% |
Context for the rank, not itself a risk measure.
Recent coverage, scored
| PAYX | |
|---|---|
| Articles scoredthe most recent scored coverage, up to 30 | 30since 1 Jul |
| Average score0 most bearish, 100 most bullish | 58 |
| Bullish · bearisharticles above 60 · below 40 | 18 · 5 |
| Directionarticles whose tone is improving vs worsening | 18 ↑ 5 ↓ |
Where the article scores land
Each bar is a 10-point band of article scores. Below 40 reads bearish, above 60 bullish.
Balance sheet, against the sector
The shaded band is the middle half of the 15 Professional Services names Clavix covers; the tick is the sector median.
Growth
| PAYX | |
|---|---|
| Revenue growthyear over year | +12.5% |
Financial Health is shown but does not count toward the grade. Why
0–100, higher is safer. The tick on each bar is the Professional Services median. Click a dimension for the evidence behind it. Financial Health is shown but does not count toward the grade.
Against Professional Services
16 companies| Metric | PAYX | Sector spread | Median |
|---|---|---|---|
| Beta | 0.81 | 0.74 | |
| Volatility | 20.3% | 18.4% | |
| P/E | 25.06 | 25.58 | |
| Debt / equity | 1.22 | 1.10 | |
| Current ratio | 1.26 | 1.26 | |
| FCF margin | 37.2% | 17.1% | |
| Interest coverage | 12.2× | 6.8× |
Recent news
most recent scored articles · the chip is the article’s score · click to openAn analyst gave Paychex a buy rating, pointing to strong revenue growth, high profit margins, and the company's WISE AI platform that automates payroll and HR work for small and medium-sized businesses. The note says Paychex has better gross and net margins and faster revenue and cash flow growth than ADP, though it costs more relative to its sales.
Paychex reported early results from more than 50,000 businesses using its WISE at Work AI payroll tool, saying the system is helping customers catch and prevent payroll errors before they happen.
Paychex is rolling out its lifestyle benefits program, called Paycor Perks, to clients and employees on its Paycor platform, covering more than 2 million workers. The program offers over 20 voluntary benefit options at no cost to the employer.
Paychex is extending its employee benefits platform to clients of its recently acquired Paycor unit, giving more than 2 million Paycor employees access to over 20 voluntary benefit options at no cost to their employers through a new offering called Paycor Perks.
XXEC Inc. disclosed in an SEC filing that it bought a new position of 108,492,809 shares of Paychex (PAYX) during the second quarter. The dollar value of the purchase was cut off and not included in the article.
Nearest peers by size
Professional Services| Ticker | Company | Grade | Mkt cap | P/E | Beta | |
|---|---|---|---|---|---|---|
| TRI | Thomson Reuters Corp | B- | $63.52B | 27.68 | 0.36 | Compare |
| VRSK | Verisk Analytics Inc | B+ | $25.36B | 27.91 | 0.68 | Compare |
| EFX | Equifax Inc | B | $22.22B | 31.94 | 1.30 | Compare |
| BR | Broadridge Financial Solutions Inc | A- | $20.40B | 18.39 | 0.93 | Compare |
| SSNC | SS&C Technologies Holdings Inc | B+ | $19.86B | 22.89 | 1.06 | Compare |
| ADP | Automatic Data Processing Inc | A- | $112.6B | 25.48 | 0.81 | Compare |
| J | Jacobs Solutions Inc | A- | $17.27B | 50.94 | 0.70 | Compare |
| LDOS | Leidos Holdings Inc | B+ | $16.61B | 12.30 | 0.59 | Compare |
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