PAYX Stock Recent News

ROCHESTER, N.Y.--(BUSINESS WIRE)---- $PAYX #employmenttrends--According to the Paychex Small Business Employment Watch, the pace of job growth in U.S. small businesses with fewer than 50 employees remained slightly below 100 in January, consistent with the last six months of 2024. Meanwhile, hourly earnings growth for workers decelerated to 2.87% in January, marking its first time starting the year below three percent since 2021. “Small businesses successfully navigated an evolving economic landscape, challenging labor ma.

The rising number of clients and clients' employees for HCM solutions, and growing average PEO worksite employees are benefiting the PAYX stock.

Investors interested in Outsourcing stocks are likely familiar with Genpact (G) and Paychex (PAYX). But which of these two companies is the best option for those looking for undervalued stocks?

The Zacks Outsourcing industry is well-positioned to gain from rising demand for business process outsourcing and AI and ML. PAYX, G, and BBSI are three stocks that are prime candidates to ride the demand wave.

Paycor HCM -0.025 (-0.11%) Paychex +2.735 (+1.93%)

ROCHESTER, N.Y.--(BUSINESS WIRE)--The Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on February 27, 2025 to shareholders of record as of February 7, 2025. About Paychex Paychex, Inc. (Nasdaq: PAYX) is an industry-leading HCM company delivering a full suite of technology and advisory services in human resources, employee benefit solutions, insurance, and payroll. The company serves over 745,000 customers in the U.

Northland raised the firm's price target on Asure Software (ASUR) to $14 from $12.50 and keeps an Outperform rating on the shares following Paychex's (PAYX) announcement of a deal to acquire Paycor HCM (PYCR) for $22.50 per share. The $4.1B enterprise value paid in that deal "captures a meaningful valuation disparity" relative to Asure, despite its somewhat similar metrics, the analyst tells investors. Asure Software +1.4 (+14.00%) Paychex +3.2 (+2.35%) Paycor HCM -0.725 (-3.17%)

Needham downgraded Paycor HCM (PYCR) to Hold from Buy without a price target after the company entered into a definitive agreement to acquired by Paychex (PAYX) in an all-cash transaction for $22.50 per share, representing an enterprise value of approximately $4.1B. Paycor HCM -0.72 (-3.15%) Paychex +3.06 (+2.25%)

NEW YORK , Jan. 7, 2025 /PRNewswire/ -- Apax Partners LLP ("Apax") today announced that Paycor HCM, Inc. (Nasdaq: PYCR) ("Paycor"), a leading provider of human capital management ("HCM") software, has entered into a definitive agreement with Paychex, Inc. (Nasdaq: PAYX) ("Paychex") to be acquired in an all-cash transaction for $22.50 per share, representing a total enterprise value of $4.1 billion.  Funds advised by Apax, together with certain of their affiliates, currently own a majority of Paycor's outstanding common stock.

Investors interested in stocks from the Outsourcing sector have probably already heard of Genpact (G) and Paychex (PAYX). But which of these two stocks is more attractive to value investors?