PAYX Stock Recent News

Investors looking for stocks in the Outsourcing sector might want to consider either Barrett Business Services (BBSI) or Paychex (PAYX). But which of these two stocks offers value investors a better bang for their buck right now?

Paychex has a great business foundation with industry-leading margins, low capital requirements and a product with high switching costs. Revenue growth in the mid-to-high single digits seems sustainable. Despite rising customer retention, Paychex's customer satisfaction scores are worse than many rivals, threatening its competitive position.

Investors interested in stocks from the Outsourcing sector have probably already heard of Barrett Business Services (BBSI) and Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?

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 earned recognition as a “Top HR Product of the Year” for Paychex Flex Perks, a curated digital marketplace for employee benefits. This is the fourth time a Paychex solution has been named to the Top HR Product of the Year list as part of this annual awards program, which is designed to showcase.

Hundreds of thousands of clients and millions of employees around the world depend on Paychex. The company exceeded the analyst consensus for both revenue and non-GAAP EPS in fiscal Q4. At a time when many businesses are carrying net debt balances, PAYX boasts a net cash balance.

Investors with an interest in Outsourcing stocks have likely encountered both Barrett Business Services (BBSI) and Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?

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 introduced Paychex Flex® Perks, a digital marketplace of employee benefits curated to address the needs of today's diverse, five-generational workforce. Launching with 17 unique products, Paychex Flex Perks includes early access to earned wages, financial wellness solutions, and voluntary lifest.

Investors with an interest in Outsourcing stocks have likely encountered both Barrett Business Services (BBSI) and Paychex (PAYX). But which of these two stocks presents investors with the better value opportunity right now?

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 been included on TIME's inaugural list of America's Best Midsize Companies. The company ranked 29th out of 500 top-performing U.S.-based organizations for the strength of the Paychex culture, business results, and corporate responsibility efforts. “It is an honor to be considered by TIME as one.

Paychex stock currently trades at $118 per share, around 16% below its level of $141 seen on April 6, 2022 (pre-inflation shock high), and has the potential for gains. In comparison, the company's peer ADP stock has seen marginal gains over the same period.