UPDATE: Wolfe Research Downgrades Paychex (PAYX) to Underperform 'despite encouraging results'

Go back to UPDATE: Wolfe Research Downgrades Paychex (PAYX) to Underperform 'despite encouraging results'

Increasing unusual option volume: PVH PLBY CSTM CS RL VIPS ASO PAYX YUM SAP

April 6, 2021 10:56 AM EDT

Increasing unusual option volume: PVH PLBY CSTM CS RL VIPS ASO PAYX YUM SAP

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Paychex (PAYX) Tops Q3 EPS by 4c, Offers Guidance

April 6, 2021 8:32 AM EDT

Paychex (NASDAQ: PAYX) reported Q3 EPS of $0.96, $0.04 better than the analyst estimate of $0.92. Revenue for the quarter came in at $1.1 billion versus the consensus estimate of $1.11 billion.

Business Outlook:

Our outlook for the fiscal year ending May 31, 2021 (fiscal 2021) incorporates anticipated impacts resulting from the COVID-19 pandemic based on current assumptions and market conditions. Changes in the macroeconomic environment could alter our guidance. During the nine months, we recognized one-time costs of $32.2 million related to the acceleration of cost-saving initiatives, including the long-term strategy to reduce our geographic... More

Paychex (PAYX) call put ratio 5.2 calls to 1 put with focus on April calls into quarter results

April 5, 2021 10:27 AM EDT

Paychex (NASDAQ: PAYX) April call option implied volatility is at 32, May is at 23; compared to its 52-week range of 23 to 60 into the expected release of quarter results on April 6. Call put ratio 5.2 calls to 1 put with focus on April calls.

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Stocks expected to have increasing option volume: PAYX LW CAG STZ LEVI

April 5, 2021 3:26 AM EDT

Stocks expected to have increasing option volume: PAYX LW CAG STZ LEVI

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