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Paychex Inc (PAYX.OQ)

PAYX.OQ on NASDAQ Stock Exchange Global Select Market

69.77USD
15 Dec 2017
Change (% chg)

$1.44 (+2.11%)
Prev Close
$68.33
Open
$68.89
Day's High
$70.16
Day's Low
$68.58
Volume
1,698,518
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52-wk High
$70.16
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$54.20

Latest Key Developments (Source: Significant Developments)

Paychex Inc files for potential stock shelf offering ‍​
Tuesday, 17 Oct 2017 08:54pm EDT 

Oct 17 (Reuters) - Paychex Inc ::Paychex Inc files for potential stock shelf offering; size not disclosed ‍​.  Full Article

Paychex reports Q1 EPS of $0.63
Tuesday, 3 Oct 2017 08:30am EDT 

Oct 3 (Reuters) - Paychex Inc : :Paychex, inc. Reports first quarter results.Q1 adjusted earnings per share $0.62.Q1 earnings per share $0.63.Q1 revenue $816.8 million versus i/b/e/s view $816.3 million.Q1 earnings per share view $0.60 -- Thomson Reuters I/B/E/S.Paychex inc qtrly ‍total service revenue increased 4% to $803.1 million​.Paychex inc qtrly ‍payroll service revenue increased 2% to $457.8 million​.Paychex inc - fy 2018 total revenue is expected to grow approximately 6%.Paychex inc - fy 2018 hrs revenue is anticipated to increase in range of 12% to 14%.Fy2018 earnings per share view $2.37, revenue view $3.31 billion -- Thomson Reuters I/B/E/S.Paychex inc - fy 2018 operating income as a percent of total revenue is anticipated to be in range of 39% to 40%.  Full Article

Paychex says has been notified of unsolicited mini-tender offer by TRC Capital to buy up to 2 mln Paychex common shares for $54.75/share‍​
Monday, 11 Sep 2017 05:43pm EDT 

Sept 11 (Reuters) - Paychex Inc ::Paychex - has been notified of unsolicited mini-tender offer by TRC Capital Corp to buy up to 2 million Paychex common shares for $54.75/share‍​.Paychex Inc - TRC indicated that tender offer is made solely for investment purposes, with "no intent to influence" co's board of directors or management‍​.Paychex Inc - does not endorse unsolicited mini-tender offer, recommends shareholders do not tender their shares in response to offer - sec filing‍​.  Full Article

Paychex says CEO Martin Mucci's FY 2017 total compensation was $8.6 mln‍​
Friday, 8 Sep 2017 02:26pm EDT 

Sept 8 (Reuters) - Paychex Inc :Paychex Inc says CEO Martin Mucci's FY 2017 total compensation was $8.6 million versus $5.8 million in FY 2016 - sec filing‍​.Paychex Inc says CFO Efrain Rivera's FY 2017 total compensation was $3.1 million versus $1.8 million in FY 2016.  Full Article

Paychex increases quarterly dividend by 9pct
Thursday, 13 Jul 2017 07:44am EDT 

July 13 (Reuters) - Paychex Inc ::Paychex increases quarterly dividend by 9pct.Increases quarterly dividend by 9 percent.Sets quarterly dividend of $0.50per share.  Full Article

Paychex reports Q4 adjusted earnings of $0.54/shr
Wednesday, 28 Jun 2017 08:30am EDT 

June 28 (Reuters) - Paychex Inc :Paychex, Inc. reports fourth quarter and fiscal 2017 results.Q4 adjusted earnings per share $0.54.Q4 revenue $798.6 million versus I/B/E/S view $797.7 million.Q4 earnings per share $0.54.Q4 earnings per share view $0.53 -- Thomson Reuters I/B/E/S.Paychex Inc- total service revenue also increased 6% to $784.6 million for Q4.Paychex Inc - total revenue, including interest on funds held for clients, is expected to increase approximately 5% in fiscal 2018.Paychex Inc- payroll service revenue increased 2% for Q4.Paychex Inc- human resource services revenue increased 10% for Q4.Paychex Inc - net income (GAAP basis) is expected to increase approximately 5% in fiscal 2018.Paychex Inc - adjusted net income is expected to increase approximately 7% in fiscal 2018.FY 2018 earnings per share view $2.41, revenue view $3.35 billion -- Thomson Reuters I/B/E/S.  Full Article

Paychex reports Q3 earnings per share $0.56
Wednesday, 29 Mar 2017 08:30am EDT 

Paychex Inc - : Paychex Inc reports third quarter results . Q3 revenue $795.8 million versus I/B/E/S view $799 million . Paychex Inc qtrly total service revenue increased 6% to $782.6 million . Sees 2017 payroll service revenue is anticipated to increase in range of 3% to 4% . Paychex Inc qtrly payroll service revenue increased 2% to $446.6 million . Q3 earnings per share $0.56 . Paychex Inc qtrly human resource services revenue increased 12% to $336.0 million . Sees 2017 total service revenue is expected to increase in range of 7% to 8% . Paychex - 2017 net income (gaap basis) anticipated to increase approximately 7% and adjusted net income (non-gaap) anticipated to increase approximately 8% . Q3 earnings per share view $0.54 -- Thomson Reuters I/B/E/S .2017 hrs revenue is anticipated to increase in range of 12% to 14%.  Full Article

Paychex expands board of directors, appoints new member
Friday, 13 Jan 2017 09:11am EST 

Paychex Inc : Paychex expands board of directors, appoints new member . Paychex Inc says Paychex board of directors has voted to expand board to 10 members .Paychex Inc - has appointed Thomas F. Bonadio,CPA, to fill newly created board position.  Full Article

Paychex reports Q2 earnings per share $0.56
Wednesday, 21 Dec 2016 08:30am EST 

Paychex Inc - : Q2 payroll service revenue increased 3% to $440.9 million. . Q2 human resource services revenue increased 12% to $319.1 million. . Sees 2017 payroll service revenue is anticipated to increase in range of 3% to 4%; . Q2 total service revenue increased 7% to $760.0 million. . Sees 2017 payroll service revenue is anticipated to increase in range of 3% to 4% . Sees 2017 net income (gaap basis) is anticipated to increase approximately 7% . Paychex inc says 2017 adjusted net income (non-gaap) is anticipated to increase approximately 8% . Reports second quarter results . Q2 earnings per share $0.56 . Q2 revenue $771.4 million versus I/B/E/S view $782.5 million .Q2 earnings per share view $0.55 -- Thomson Reuters I/B/E/S.  Full Article

Paychex Inc reports Q1 earnings of $0.60/shr
Wednesday, 28 Sep 2016 08:30am EDT 

Paychex Inc : Paychex, Inc. reports first quarter results . Q1 earnings per share $0.60 . Q1 revenue $785.5 million versus I/B/E/S view $782.8 million . Fiscal 2017 guidance for HRS Revenue and Total Service Revenue remains unchanged . Q1 earnings per share view $0.57 -- Thomson Reuters I/B/E/S . Qtrly Human Resource Services revenue increased 15% to $322.6 million . Q1 Total Service Revenue increased 9% to $773.5 million . Q1 Payroll Service Revenue increased 4% to $450.9 million. . Paychex Inc sees fiscal 2017 HRS revenue is anticipated to increase in range of 12% to 14% . 2017 Payroll Service Revenue is anticipated to increase in range of 3% to 4% .Says net income is now expected to increase approximately 7% for FY 2017.  Full Article

BRIEF-Paychex Inc files for potential stock shelf offering ‍​

* Paychex Inc files for potential stock shelf offering; size not disclosed ‍​ Source text: (http://bit.ly/2yoHbjd) Further company coverage: