Paychex, Inc. Reports Fourth Quarter and Full Year 2021 Results; Fourth Quarter Service Revenue Grew 14% to $1.0 Billion; Fourth Quarter Diluted Earnings Per Share Grew 20%; Full Year Service Revenue

Go back to Paychex, Inc. Reports Fourth Quarter and Full Year 2021 Results; Fourth Quarter Service Revenue Grew 14% to $1.0 Billion; Fourth Quarter Diluted Earnings Per Share Grew 20%; Full Year Service Revenue

Paychex (PAYX) PT Raised to $118 at Argus

June 28, 2021 7:51 AM EDT

Argus analyst David Coleman raised the price target on Paychex (NASDAQ: PAYX) to $118.00 (from $105.00) while maintaining a Buy rating.

The analyst comments "Paychex is a provider of payroll, human resource, retirement, and insurance services to small and medium-size firms. The company has consistently... More

Paychex (PAYX) PT Raised to $106 at Cowen

June 28, 2021 6:55 AM EDT

Cowen analyst Bryan Bergin raised the price target on Paychex (NASDAQ: PAYX) to $106.00 (from $96.00) while maintaining a Market Perform rating following solid fourth-quarter results, although valuation keeps them sidlined.

The analyst commented, "PAYX maintained strong execution in 4Q, while relaying a healthy... More

Paychex (PAYX) Tops Q4 EPS by 5c

June 25, 2021 8:33 AM EDT

Paychex (NASDAQ: PAYX) reported Q4 EPS of $0.72, $0.05 better than the analyst estimate of $0.67. Revenue for the quarter came in at $1.03 billion versus the consensus estimate of $980.48 million.

Business Outlook:

Our outlook for the fiscal year ending May 31, 2022 (fiscal 2022) incorporates current assumptions and... More