PAYX Stock Recent News

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?

ROCHESTER, N.Y.--(BUSINESS WIRE)--Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, employee benefits, insurance services, and payroll, has won a silver Brandon Hall Group Excellence in Technology award. Paychex Flex® Perks received a silver award in the “Best Advance in HR or Workforce Management Technology for Small and Medium-Sized Businesses” category, marking the 11th year that the global research and analyst firm has recognize.

ROCHESTER, N.Y.--(BUSINESS WIRE)--Today the Board of Directors of Paychex, Inc. declared a regular quarterly cash dividend on Paychex common stock of $0.98 per share payable on November 27, 2024 to shareholders of record as of November 7, 2024. 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.

Paychex Inc (PAYX, Financial) has recently captured the attention of investors and financial analysts alike, thanks to its strong financial performance and promising growth prospects. With a current share price of $137.92, despite a slight daily decrease of 0.53%, Paychex Inc has shown a notable three-month appreciation of 18.23%.

Paychex Inc. has an impressive history with a CAGR of 19% since inception. The company has predictable revenue growth, strong gross profit margins, and an improving ROIC. Paychex pays a quarterly dividend, with a solid history of dividend increases and a relatively safe payout ratio.