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Paychex Inc. - PAYX STOCK NEWS

Welcome to our dedicated news page for Paychex (Ticker: PAYX), a resource for investors and traders seeking the latest updates and insights on Paychex.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Paychex's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Paychex's position in the market.

News
Paychex Recognized for Excellence in Health & Well-being by Business Group on Health
Rhea-AI Summary
Paychex, Inc. has been recognized for the 10th time as one of the Best Employers for Excellence in Health & Well-being by the Business Group on Health. The company is praised for its holistic well-being strategy, including mental health programs, financial security, and job satisfaction. Paychex also received additional acknowledgment for its commitment to employees' emotional well-being through mental health initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.21%
Tags
none
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News
U.S. Small Business Job and Wage Growth Remain Steady
Rhea-AI Summary
The Paychex Small Business Employment Watch reported a 0.18 percentage point growth in the Small Business Jobs Index in March to 100.85, the first increase of the year. Hourly earnings for workers at U.S. companies with fewer than 50 employees slowed to 3.27% growth year-over-year. Small businesses face challenges due to a tight job market, access to growth capital, and inflationary pressures.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.49%
Tags
none
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News
Paychex, Inc. Reports Third Quarter Results: Sustained Growth in Revenue and Earnings
Rhea-AI Summary
Paychex, Inc. reported positive financial results for the fiscal quarter ended February 29, 2024, with total revenue up 4%, operating income up 6%, and diluted earnings per share up 7%. The company highlighted growth in Management Solutions and Professional Employer Organization revenue, along with increased interest on funds held for clients. Operating margin expanded by 80 basis points, and adjusted diluted earnings per share increased by 9%. Paychex also emphasized its commitment to investing in data, analytics, and AI to enhance client value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
Tags
earnings
News
BetterInvesting™ Magazine Update on Paychex Inc. and Pfizer Inc.
Rhea-AI Summary
The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine has named Paychex Inc. as its 'Stock to Study' and Pfizer Inc. as its 'Undervalued Stock' in the June/July 2024 issue. Ken Zendel, CEO of the National Association of Investors Inc., emphasizes the importance of focusing on company fundamentals like earnings amidst the Reddit IPO hype.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
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none
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News
Paychex Named Among FORTUNE’s Most Innovative Companies
Rhea-AI Summary
Paychex, Inc. has been recognized on FORTUNE® magazine's list of America’s Most Innovative Companies for the second consecutive year. The company's commitment to industry-leading HR solutions and fostering a culture of innovation earned them this accolade. Paychex continues to invest in new and innovative solutions to address customers' business challenges, focusing on digitizing the HR experience for greater efficiencies and measurable value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
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none
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News
Paychex, Inc. Reschedules Release of Third Quarter Fiscal 2024 Earnings Results and Conference Call
Rhea-AI Summary
Paychex, Inc. (PAYX) reschedules earnings conference call to April 2, 2024, with John Gibson and Bob Schrader participating. Results for the fiscal 2024 third quarter to be reviewed.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
earnings
News
Paychex, Inc. Schedules Third Quarter Fiscal 2024 Earnings Conference Call for March 27, 2024
Rhea-AI Summary
Paychex, Inc. (PAYX) will announce its fiscal 2024 third-quarter financial results on February 29, 2024. The company will host a conference call on March 27, 2024, featuring John Gibson and Bob Schrader. Investors can access the live broadcast on the Paychex Investor Relations portal.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.42%
Tags
earnings
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News
Paychex Names Beaumont Vance as Senior Vice President of Data, Analytics, and AI
Rhea-AI Summary
Paychex appoints Beaumont Vance as senior vice president of data, analytics, and AI to drive business performance and customer value through data and AI-driven automation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.83%
Tags
AI
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News
U.S. Small Businesses Continue to Show Moderate Job Growth and Wage Inflation Continues to Moderate
Rhea-AI Summary
Paychex Small Business Employment Watch reports a 3.42% year-over-year hourly earnings growth for U.S. workers in February, with a national Small Business Jobs Index of 100.67, indicating steady job growth. However, the index remains below pre-pandemic levels for two consecutive months, with the West region dropping below 100 for the first time since March 2021.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
Tags
none
News
Paychex Named One of The World’s Most Ethical Companies® by Ethisphere for 16th Time
Rhea-AI Summary
Paychex, Inc. has been named one of the 2024 World’s Most Ethical Companies® by Ethisphere for the 16th time. The company's commitment to ethics, compliance, and governance practices has earned it this prestigious recognition.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.09%
Tags
none
Stock PAYX logo
Paychex Inc.

Nasdaq:PAYX

PAYX Rankings

#281 Ranked by Market Cap
#2491 Ranked by Stock Gains
#1137 Ranked by Dividends

PAYX Stock Data

44.28B
321.06M
10.81%
76.87%
3.1%
Payroll Services
Professional, Scientific, and Technical Services
Link
US
Rochester

About PAYX

paychex, inc. (nasdaq: payx) is a leading provider of integrated human capital management solutions for payroll, hr, retirement, and insurance services. by combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. backed by 45 years of industry expertise, paychex serves approximately 605,000 payroll clients across more than 100 locations and pays one out of every 12 american private sector employees.